SpareBank 1 Ringerike Hadeland Depository Receipts RING

Morningstar Rating
NOK 448.00 +1.00 (0.22%)
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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 LOCK|GVnNpZ premium.
Price
NOK 448.00
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
NOK 447.00
Day Range
NOK 443.05–449.00
52-Week Range
NOK 375.00–488.95
Bid/Ask
NOK 440.00 / NOK 449.00
Shares Outstanding
15.65M
Market Cap
NOK 7.01B
Volume/Avg
21,705 / 1,856

Key Statistics

Price/Earnings (Normalized)
10.50
Price/Sales
5.34
Dividend Yield (Trailing)
5.88%
Dividend Yield (Forward)
5.88%
Dividend Payment Schedule
Apr
Total Yield
5.88%

Company Profile

SpareBank 1 Ringerike Hadeland is a savings bank in Norway. The purpose is to promote saving by accepting deposits from an indefinite group of depositors, providing financial services to the general public, the business sector, and the public sector, and managing the funds at its disposal in a secure manner, in accordance with the legal regulations applicable to savings banks at any given time. It includes providing investment services and related services. It also offers a wide range of financial services to retail customers, small and medium-sized enterprises, and the public sector within its operational area. The bank's vision, values, objectives, and business concept have been adopted by the Board of Directors and are included in the annual report.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Core
Total Number of Employees
265

Valuation

Metric
RING
Price/Earnings (Normalized)
10.50
Price/Book Value
1.40
Price/Sales
5.34
Price/Cash Flow
8.87
Price/Earnings
RING

Financial Strength

Metric
RING
Quick Ratio
—
Current Ratio
—
Interest Coverage
—
Quick Ratio
No chart available

Profitability

Metric
RING
Return on Assets (Normalized)
2.10%
Return on Equity (Normalized)
13.92%
Return on Invested Capital (Normalized)
—
Return on Assets
RING

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