Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden.
Moderate growth potential and overvalued.
Share Price & News
How has Olav Thon Eiendomsselskap's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OLT has not had significant price volatility in the past 3 months.
7 Day Return
NO Real Estate
1 Year Return
NO Real Estate
Return vs Industry: OLT matched the Norwegian Real Estate industry which returned -1% over the past year.
Return vs Market: OLT exceeded the Norwegian Market which returned -16.4% over the past year.
Price Volatility Vs. Market
How volatile is Olav Thon Eiendomsselskap's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StNeed To Know: Olav Thon Eiendomsselskap ASA (OB:OLT) Insiders Have Been Buying Shares
1 month ago | Simply Wall StIs Olav Thon Eiendomsselskap (OB:OLT) A Risky Investment?
1 month ago | Simply Wall StWhat Kind Of Investor Owns Most Of Olav Thon Eiendomsselskap ASA (OB:OLT)?
Is Olav Thon Eiendomsselskap undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: OLT (NOK144) is trading above our estimate of fair value (NOK95.2)
Significantly Below Fair Value: OLT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OLT is unprofitable, so we can't compare its PE Ratio to the NO Real Estate industry average.
PE vs Market: OLT is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OLT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OLT is good value based on its PB Ratio (0.6x) compared to the NO Real Estate industry average (0.9x).
How is Olav Thon Eiendomsselskap forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OLT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: OLT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: OLT's is expected to become profitable in the next 3 years.
Revenue vs Market: OLT's revenue (2.8% per year) is forecast to grow slower than the Norwegian market (5.5% per year).
High Growth Revenue: OLT's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OLT's Return on Equity is forecast to be low in 3 years time (5.9%).
How has Olav Thon Eiendomsselskap performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OLT is currently unprofitable.
Growing Profit Margin: OLT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OLT is unprofitable, and losses have increased over the past 5 years at a rate of -11.8% per year.
Accelerating Growth: Unable to compare OLT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OLT is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (9.7%).
Return on Equity
High ROE: OLT has a negative Return on Equity (-2.36%), as it is currently unprofitable.
How is Olav Thon Eiendomsselskap's financial position?
Financial Position Analysis
Short Term Liabilities: OLT's short term assets (NOK998.0M) do not cover its short term liabilities (NOK8.9B).
Long Term Liabilities: OLT's short term assets (NOK998.0M) do not cover its long term liabilities (NOK23.2B).
Debt to Equity History and Analysis
Debt Level: OLT's debt to equity ratio (92.3%) is considered high.
Reducing Debt: OLT's debt to equity ratio has reduced from 127.7% to 92.3% over the past 5 years.
Debt Coverage: OLT's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: OLT is unprofitable, therefore interest payments are not well covered by earnings.
What is Olav Thon Eiendomsselskap current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OLT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OLT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OLT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: OLT is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OLT's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dag Tangevald-Jensen (60yo)
Mr. Dag Tangevald-Jensen has been the Chief Executive Officer of Olav Thon Eiendomsselskap ASA since 2000 and serves as its Managing Director. He serves as Board Member at Olav Thon Eiendomsselskap ASA. He ...
|MD, CEO & Director||20.5yrs||no data||0.0022% NOK331.3k|
|Chairman of the Board||no data||kr100.00k||71.9% NOK10.7b|
|Deputy Board Member||1.17yrs||kr30.00k||0.00024% NOK35.8k|
Experienced Board: OLT's board of directors are seasoned and experienced ( 10.5 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Olav Thon Eiendomsselskap ASA's company bio, employee growth, exchange listings and data sources
- Name: Olav Thon Eiendomsselskap ASA
- Ticker: OLT
- Exchange: OB
- Founded: 1982
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: kr14.922b
- Shares outstanding: 103.62m
- Website: https://www.olt.no
- Olav Thon Eiendomsselskap ASA
- Stenersgata 2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OLT||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Jan 1992|
|0FHP||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Jan 1992|
|OLTO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Jan 1992|
Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden. The company is also involved in the property development and management business. As of December 31, 2019, it had 77 shopping centers comprising 16 managed for external owners. The company was founded in 1982 and is based in Oslo, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 20:52|
|End of Day Share Price||2020/07/14 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.