SpareBank 1 Ringerike Hadeland RING

Morningstar Rating
NOK 300.05 +3.05 (1.03%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

RING is trading at a 548% premium.
Price
NOK 300.37
Fair Value
NOK 242.39
Uncertainty
High
1-Star Price
NOK 486.56
5-Star Price
NOK 885.37
Economic Moat
Bdb
Capital Allocation

Trading Information

Previous Close Price
NOK 297.00
Day Range
NOK 297.00300.05
52-Week Range
NOK 278.00310.00
Bid/Ask
NOK 295.00 / NOK 300.50
Market Cap
NOK 4.70 Bil
Volume/Avg
92 / 2,676

Key Statistics

Price/Earnings (Normalized)
9.64
Price/Sales
4.07
Dividend Yield (Trailing)
6.67%
Dividend Yield (Forward)
6.67%
Total Yield
6.67%

Company Profile

SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
13,595

Comparables

Valuation

Metric
RING
SOON
SOAG
Price/Earnings (Normalized)
9.6410.428.96
Price/Book Value
1.040.780.98
Price/Sales
4.073.203.74
Price/Cash Flow
9.537.53
Price/Earnings
RING
SOON
SOAG

Financial Strength

Metric
RING
SOON
SOAG
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
RING
SOON
SOAG
Return on Assets (Normalized)
1.70%1.47%1.80%
Return on Equity (Normalized)
11.73%10.79%11.83%
Return on Invested Capital (Normalized)
Return on Assets
RING
SOON
SOAG

Banks - Regional Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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TFC
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Mizuho Financial Group Inc ADR
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SxrqwzvpKhld$49.2 Bil
Lloyds Banking Group PLC ADR
LYG
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NatWest Group PLC ADR
NWG
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Deutsche Bank AG
DB
VnnxwVygg$33.9 Bil

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