Skip to Content

SpareBank 1 Ringerike Hadeland RING

Morningstar Rating
NOK 294.00 −3.00 (1.01%)
View Full Chart
Unlock our analysis with Morningstar Investor

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 615% premium.
Price
NOK 297.20
Fair Value
NOK 318.54
Uncertainty
Very High
1-Star Price
NOK 425.22
5-Star Price
NOK 666.94
Economic Moat
Kyztjgj
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if RING is a good fit for your portfolio.

Trading Information

Previous Close Price
NOK 297.00
Day Range
NOK 289.95295.55
52-Week Range
NOK 278.00332.00
Bid/Ask
NOK 290.00 / NOK 296.00
Market Cap
NOK 4.59 Bil
Volume/Avg
4,058 / 2,772

Key Statistics

Price/Earnings (Normalized)
9.45
Price/Sales
4.15
Dividend Yield (Trailing)
6.80%
Dividend Yield (Forward)
6.80%
Total Yield
6.80%

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 Core
Total Number of Employees
246

Comparables

Valuation

Metric
RING
SOON
SOAG
Price/Earnings (Normalized)
9.458.209.13
Price/Book Value
1.050.770.96
Price/Sales
4.153.333.77
Price/Cash Flow
8.757.2734.53
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)
1.60%1.46%1.80%
Return on Equity (Normalized)
11.10%10.62%11.76%
Return on Invested Capital (Normalized)
Return on Assets
RING
SOON
SOAG
See how this stock stacks up to its competitors with Morningstar Investor

Banks - Regional Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
BNP Paribas ADRQncdvmsvtBcs$87.7 Bil
ISNPY
Intesa Sanpaolo ADRLqysmgfdMzrw$73.6 Bil
USB
U.S. BancorpBkspwctbhCrjdb$65.0 Bil
PNC
PNC Financial Services Group IncLtfnzrszJclrzc$62.9 Bil
ITUB
Itau Unibanco Holding SA ADRVwbdprzRyy$59.2 Bil
TFC
Truist Financial CorpHrgwpcqvGydngp$52.4 Bil
MFG
Mizuho Financial Group Inc ADRDtcwmdlYcdqy$50.4 Bil
LYG
Lloyds Banking Group PLC ADRPpwvqpspcRydtygp$43.2 Bil
NWG
NatWest Group PLC ADRRndfGds$35.9 Bil
DB
Deutsche Bank AGCcswCvgn$34.1 Bil

Sponsor Center