company background image
SAGA

Saga PureOB:SAGA Stock Report

Market Cap

kr1.4b

7D

-0.5%

1Y

232.2%

Updated

25 Sep, 2021

Data

Company Financials
SAGA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

SAGA Overview

Saga Pure ASA, an investment company, focusing on opportunities within renewable energy, hydrogen, circular economy, and CO2-reduction.

Price History & Performance

Summary of all time highs, changes and price drops for Saga Pure
Historical stock prices
Current Share Pricekr2.94
52 Week Highkr0.80
52 Week Lowkr5.60
Beta1.66
1 Month Change2.08%
3 Month Change0.86%
1 Year Change232.20%
3 Year Change101.37%
5 Year Change13.51%
Change since IPO-73.27%

Recent News & Updates

Shareholder Returns

SAGANO Diversified FinancialNO Market
7D-0.5%-0.6%1.2%
1Y232.2%35.1%26.4%

Return vs Industry: SAGA exceeded the Norwegian Diversified Financial industry which returned 35.1% over the past year.

Return vs Market: SAGA exceeded the Norwegian Market which returned 26.4% over the past year.

Price Volatility

Is SAGA's price volatile compared to industry and market?
SAGA volatility
SAGA Beta1.66
Industry Beta0.97
Market Beta1

Stable Share Price: SAGA is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SAGA's weekly volatility has decreased from 15% to 4% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20103Bjorn Simonsenhttps://www.saga-pure.com

Saga Pure ASA, an investment company, focusing on opportunities within renewable energy, hydrogen, circular economy, and CO2-reduction. It invests in financial assets of long and short term. The company was formerly known as Saga Tankers ASA and changed its name to Saga Pure ASA in November 2020.

Saga Pure Fundamentals Summary

How do Saga Pure's earnings and revenue compare to its market cap?
SAGA fundamental statistics
Market Capkr1.41b
Earnings (TTM)kr361.01m
Revenue (TTM)kr282.11m

3.9x

P/E Ratio

5.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAGA income statement (TTM)
Revenuekr282.11m
Cost of Revenuekr0
Gross Profitkr282.11m
Expenses-kr78.90m
Earningskr361.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 10, 2021

Earnings per share (EPS)0.75
Gross Margin100.00%
Net Profit Margin127.97%
Debt/Equity Ratio0.0%

How did SAGA perform over the long term?

See historical performance and comparison

Dividends

13.6%

Current Dividend Yield

11%

Payout Ratio

Valuation

Is Saga Pure undervalued compared to its fair value and its price relative to the market?

3.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SAGA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SAGA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SAGA is good value based on its PE Ratio (3.9x) compared to the European Diversified Financial industry average (12.2x).

PE vs Market: SAGA is good value based on its PE Ratio (3.9x) compared to the Norwegian market (13.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SAGA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SAGA's PB Ratio (1.3x) is in line with the XE Diversified Financial industry average.


Future Growth

How is Saga Pure forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-16.2%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Saga Pure has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Saga Pure performed over the past 5 years?

16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SAGA has a high level of non-cash earnings.

Growing Profit Margin: SAGA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SAGA's earnings have grown by 16.6% per year over the past 5 years.

Accelerating Growth: SAGA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SAGA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (20.8%).


Return on Equity

High ROE: SAGA's Return on Equity (33.7%) is considered high.


Financial Health

How is Saga Pure's financial position?


Financial Position Analysis

Short Term Liabilities: SAGA's short term assets (NOK823.1M) exceed its short term liabilities (NOK4.9M).

Long Term Liabilities: SAGA's short term assets (NOK823.1M) exceed its long term liabilities (NOK2.5M).


Debt to Equity History and Analysis

Debt Level: SAGA is debt free.

Reducing Debt: SAGA has no debt compared to 5 years ago when its debt to equity ratio was 6.4%.

Debt Coverage: SAGA has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SAGA has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Saga Pure current dividend yield, its reliability and sustainability?

13.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SAGA's dividend (13.61%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.84%).

High Dividend: SAGA's dividend (13.61%) is in the top 25% of dividend payers in the Norwegian market (5.16%)


Stability and Growth of Payments

Stable Dividend: SAGA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SAGA's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.7%), SAGA's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Bjorn Simonsen

0.75

Tenure

kr2,394,000

Compensation

Mr. Bjorn Simonsen serves as Board observer at Horisont Energi AS since February 19, 2021. He was Vice President of Investor Relations and Corporate Communication at NEL ASA until 2020 and served as its Vi...


CEO Compensation Analysis

Compensation vs Market: Bjorn's total compensation ($USD278.00K) is below average for companies of similar size in the Norwegian market ($USD515.68K).

Compensation vs Earnings: Insufficient data to compare Bjorn's compensation with company performance.


Leadership Team

Experienced Management: SAGA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: SAGA's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SAGA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 79.9%.


Top Shareholders

Company Information

Saga Pure ASA's employee growth, exchange listings and data sources


Key Information

  • Name: Saga Pure ASA
  • Ticker: SAGA
  • Exchange: OB
  • Founded: 2010
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Market Cap: kr1.408b
  • Shares outstanding: 478.88m
  • Website: https://www.saga-pure.com

Number of Employees


Location

  • Saga Pure ASA
  • Sjølyst Plass 2
  • Oslo
  • Oslo
  • 278
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 16:20
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.