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.
Sparebanken Øst is a Norwegian savings bank headquartered in Drammen, founded in 1843 and operating as an independent, locally managed financial institution. It provides a comprehensive suite of banking and financial services tailored to retail customers, small and medium-sized enterprises in the region. Core offerings include financing solutions such as loans, savings and investment products, payment handling, insurance coverage, property management, and personalized financial advisory services. With approximately 191 employees, Sparebanken Øst emphasizes enabling clients to optimize their financial resources effectively. As a regional bank in the finance sector, it plays a vital role in supporting local economic activities through stable lending and community-focused operations, issuing bonds for funding and maintaining a strong presence in Norway's banking landscape.
NOK 73.80
+NOK 0.54 (+0.74%)
Price from 14 days ago
52.03% net margin is above average for a financial institution, suggesting strong underwriting or fee income alongside controlled credit costs.
Revenue declined 8.6% YoY. For a bank, this often signals contracting loan book or reduced fee income.
Financial stocks carry unique risks (credit cycles, regulatory changes, interest rate sensitivity) that aren't captured by standard quality metrics.
11.1x earnings. In line with financial-sector norms. The question is whether the current credit environment supports sustained earnings at this level.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 930M
▼ -8.6% YoY
Net Income (TTM)
NOK 479M
▲ +0.3% YoY
Net Margin
51.55%
P/E
11.1x
Balance Sheet
Total Assets
NOK 45.82B
Equity
NOK 5.04B
Total Debt
NOK 23.37B
Cash & Equiv.
NOK 256M
3Y CAGR: +10.8%
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At a P/E of 11.1 and a price-to-free-cash-flow of 8.0, Sparebanken Øst (SPOG.XOSL) trades above a two-stage DCF intrinsic value of about NOK -954.38 per share, so at NOK 73.80 the stock looks overvalued (1,393.2% 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, Sparebanken Øst scores 72/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 30.5%; 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 -954.38 per share for SPOG.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 -715.79. At today's NOK 73.80, that puts the stock about 1,393.2% 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.
Sparebanken Øst scores 72 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid 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, Sparebanken Øst pays a regular dividend of about NOK 22.47 per share per year (typically in quarterly installments), a yield of roughly 30.5% at the current price. That is a payout ratio of about 97.2% of earnings, so the dividend is stretched at this level. Sparebanken Øst has grown the dividend at roughly 50.8% 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 SPOG.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. SPOG.XOSL currently trades above its estimated intrinsic value and scores 72/100 on quality (solid). It also yields about 30.5%. 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.