Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway.
Sandnes Sparebank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr97.60|
|52 Week High||kr64.00|
|52 Week Low||kr98.00|
|1 Month Change||0.62%|
|3 Month Change||6.78%|
|1 Year Change||46.11%|
|3 Year Change||65.42%|
|5 Year Change||187.06%|
|Change since IPO||-17.98%|
Recent News & Updates
Here's Why I Think Sandnes Sparebank (OB:SADG) Is An Interesting Stock
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Did You Participate In Any Of Sandnes Sparebank's (OB:SADG) Respectable 91% Return?
By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...
|SADG||NO Banks||NO Market|
Return vs Industry: SADG exceeded the Norwegian Banks industry which returned 37.1% over the past year.
Return vs Market: SADG exceeded the Norwegian Market which returned 21.7% over the past year.
Stable Share Price: SADG is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: SADG's weekly volatility (2%) has been stable over the past year.
About the Company
|1875||132||Trine Karin Stangeland||https://www.sandnes-sparebank.no|
Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. It operates through three segments: Retail Market, Corporate Market, and Real Estate Agency. The company offers fixed rate deposits, deposit accounts, BSU, escrow accounts for tax withholding, and other accounts; various loans and guarantees; and mobile and internet banking services.
Is Sandnes Sparebank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SADG (NOK97.6) is trading above our estimate of fair value (NOK74.93)
Significantly Below Fair Value: SADG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SADG is poor value based on its PE Ratio (12x) compared to the Norwegian Banks industry average (11x).
PE vs Market: SADG is good value based on its PE Ratio (12x) compared to the Norwegian market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: SADG is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: SADG's PB Ratio (0.7x) is in line with the NO Banks industry average.
How is Sandnes Sparebank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SADG's forecast earnings growth (14.6% per year) is above the savings rate (1.2%).
Earnings vs Market: SADG's earnings (14.6% per year) are forecast to grow faster than the Norwegian market (10.2% per year).
High Growth Earnings: SADG's earnings are forecast to grow, but not significantly.
Revenue vs Market: SADG's revenue (3.1% per year) is forecast to grow slower than the Norwegian market (5.9% per year).
High Growth Revenue: SADG's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SADG's Return on Equity is forecast to be low in 3 years time (10.1%).
How has Sandnes Sparebank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SADG has high quality earnings.
Growing Profit Margin: SADG's current net profit margins (26.4%) are lower than last year (29.4%).
Past Earnings Growth Analysis
Earnings Trend: SADG's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: SADG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SADG had negative earnings growth (-2.3%) over the past year, making it difficult to compare to the Banks industry average (20.9%).
Return on Equity
High ROE: SADG's Return on Equity (8.6%) is considered low.
How is Sandnes Sparebank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SADG's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: SADG has a low allowance for bad loans (80%).
Low Risk Liabilities: 53% of SADG's liabilities are made up of primarily higher risk sources of funding.
Loan Level: SADG has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: SADG's Loans to Deposits ratio (193%) is high.
Level of Bad Loans: SADG has an appropriate level of bad loans (0.8%).
What is Sandnes Sparebank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SADG's dividend (5.12%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.89%).
High Dividend: SADG's dividend (5.12%) is in the top 25% of dividend payers in the Norwegian market (5.1%)
Stability and Growth of Payments
Stable Dividend: SADG's dividend payments have been volatile in the past 10 years.
Growing Dividend: SADG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.5%), SADG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SADG's dividends in 3 years are forecast to be covered by earnings (51.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Trine Karin Stangeland (48 yo)
Ms. Trine Karin Lise Stangeland serves as Managing Director and CEO of Sandnes Sparebank. She was the CEO of Lyse Dialog AS since 2005 until 2016. Ms. Stangeland serves as Deputy Chairman of the Board at E...
Experienced Management: SADG's management team is considered experienced (4.4 years average tenure).
Experienced Board: SADG's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sandnes Sparebank's employee growth, exchange listings and data sources
- Name: Sandnes Sparebank
- Ticker: SADG
- Exchange: OB
- Founded: 1875
- Industry: Regional Banks
- Sector: Banks
- Market Cap: kr2.050b
- Shares outstanding: 20.92m
- Website: https://www.sandnes-sparebank.no
Number of Employees
- Sandnes Sparebank
- Rådhusgata 3
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 21:31|
|End of Day Share Price||2021/09/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.