Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
SpareBank 1 Ringerike Hadeland is a Norwegian savings bank headquartered in Hønefoss, serving the Ringerike and Hadeland regions northwest of Oslo. Founded with roots tracing back to 1833 through Ringerikes Sparebank, it operates as a member of the SpareBank 1 Alliance, enabling it to offer a broad spectrum of financial services while maintaining a strong local focus. The bank provides comprehensive banking products to private individuals and corporate clients, including savings, current, deposit, and currency accounts; various loans such as car, consumer, business, construction, mortgage, and refinancing options; and specialized financing like agricultural credit, factoring, overdraft, and leasing. It also offers bank guarantees, a wide range of insurance products covering car, home, personal, pet, travel, employee, farm, and machinery needs, alongside pension and investment products. Additional services encompass debit and credit cards, mobile and online banking, real estate brokerage, consulting, and accounting. With approximately 255 employees across four branches and a significant local market share of around 40%, SpareBank 1 Ringerike Hadeland plays a vital role in supporting regional economic growth and community development within Norway's financial landscape.
NOK 38.17
+NOK 1.06 (+2.86%)
EOD Jul 1, 2026
53.65% net margin is above average for a financial institution, suggesting strong underwriting or fee income alongside controlled credit costs.
Revenue grew 5.7% YoY.
Financial stocks carry unique risks (credit cycles, regulatory changes, interest rate sensitivity) that aren't captured by standard quality metrics.
0.8x earnings. Below the sector average, the market may be pricing in credit losses or regulatory headwinds, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 1.37B
▲ +5.7% YoY
Net Income (TTM)
NOK 751M
▲ +4.3% YoY
Net Margin
54.78%
P/E
0.8x
Balance Sheet
Total Assets
NOK 32.74B
Equity
NOK 5.53B
Total Debt
NOK 4.39B
Cash & Equiv.
NOK 102M
3Y CAGR: +14.0%
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At a P/E of 0.8 and a price-to-free-cash-flow of 3.0, SpareBank 1 Ringerike Hadeland (RING.XOSL) trades above a two-stage DCF intrinsic value of about NOK -64.32 per share, so at NOK 38.17 the stock looks overvalued (268.5% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, SpareBank 1 Ringerike Hadeland scores 98/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 84.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about NOK -64.32 per share for RING.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around NOK -48.24. At today's NOK 38.17, that puts the stock about 268.5% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
SpareBank 1 Ringerike Hadeland scores 98 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, SpareBank 1 Ringerike Hadeland pays a regular dividend of about NOK 32.24 per share per year (typically in quarterly installments), a yield of roughly 84.5% at the current price. That is a payout ratio of about 64.2% of earnings, so the dividend is well covered. SpareBank 1 Ringerike Hadeland has grown the dividend at roughly 27.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For RING.XOSL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. RING.XOSL currently trades above its estimated intrinsic value and scores 98/100 on quality (high-quality). It also yields about 84.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.