-0.44%
0.00%
1.33%
-2.56%
14.86%
17.89%
33.80%
AI Spotlight on OLT
Company Description
Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden.The company is also involved in the property development and management business.As of December 31, 2021, it had 60 shopping centers, as well as managed 16 centers for external owners.
The company was founded in 1982 and is based in Oslo, Norway.Olav Thon Eiendomsselskap ASA is s a subsidiary of Olav Thon Group.
Market Data
| Last Price | 228 |
| Change Percentage | -0.44% |
| Open | 230 |
| Previous Close | 229 |
| Market Cap ( Millions) | 23137 |
| Volume | 4586 |
| Year High | 235 |
| Year Low | 197 |
| M A 50 | 222.16 |
| M A 200 | 223.76 |
Financial Ratios
| FCF Yield | 4.27% |
| Dividend Yield | 3.07% |
| ROE | -0.46% |
| Debt / Equity | 68.68% |
| Net Debt / EBIDTA | 648.61% |
| Price To Book | 0.73 |
| Price Earnings Ratio | -160.75 |
| Price To FCF | 23.44 |
| Price To sales | 4.75 |
| EV / EBITDA | 13.64 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Real Estate
Expected Growth : 4.83 %
What the company do ?
Olav Thon Eiendomsselskap ASA is a Norwegian real estate company that owns and operates commercial properties, including shopping centers, offices, and hotels.
Why we expect these perspectives ?
Olav Thon Eiendomsselskap ASA's 4.83% growth in Real Estate is driven by increasing demand for commercial properties, strategic acquisitions, and effective asset management. Norway's strong economy, low interest rates, and urbanization trends also contribute to the growth. Additionally, the company's diversified portfolio and focus on sustainable development support its expansion.
Olav Thon Eiendomsselskap Asa Products
| Product Range | What is it ? |
|---|---|
| Office Rentals | Olav Thon Eiendomsselskap ASA offers office spaces for rent in prime locations across Norway, catering to businesses of all sizes. |
| Retail Rentals | The company provides retail spaces for rent in popular shopping centers and high-street locations, ideal for retailers and restaurateurs. |
| Hotel Operations | Olav Thon Eiendomsselskap ASA owns and operates several hotels across Norway, offering accommodation and conference facilities. |
| Property Development | The company develops and invests in new properties, including office buildings, shopping centers, and hotels. |
| Property Management | Olav Thon Eiendomsselskap ASA provides property management services, including maintenance, leasing, and facility management. |
Olav Thon Eiendomsselskap ASA's Porter Forces
Threat Of Substitutes
Olav Thon Eiendomsselskap ASA operates in the real estate industry, where substitutes are limited. However, the company's focus on commercial properties makes it vulnerable to substitutes such as coworking spaces and flexible office solutions.
Bargaining Power Of Customers
Olav Thon Eiendomsselskap ASA's customers are primarily businesses and organizations, which have limited bargaining power due to the company's strong market position and diversified tenant base.
Bargaining Power Of Suppliers
Olav Thon Eiendomsselskap ASA relies on a network of suppliers for construction, maintenance, and other services. While the company has some bargaining power, suppliers can still exert some pressure due to the specialized nature of their services.
Threat Of New Entrants
The real estate industry has high barriers to entry, including significant capital requirements and regulatory hurdles. This limits the threat of new entrants and gives Olav Thon Eiendomsselskap ASA a competitive advantage.
Intensity Of Rivalry
The Norwegian real estate market is highly competitive, with several established players competing for market share. Olav Thon Eiendomsselskap ASA must continually innovate and improve its offerings to maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 41.15% |
| Debt Cost | 6.44% |
| Equity Weight | 58.85% |
| Equity Cost | 8.42% |
| WACC | 7.61% |
| Leverage | 69.92% |
Olav Thon Eiendomsselskap ASA : Quality Control
Olav Thon Eiendomsselskap ASA passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CIBUS.ST | Cibus Nordic Real Estate AB (publ), a real estate company, engages in acquiring, developing, and managing properties in the Nordic region. Its property portfolio comprises approximately 400 properties with a … |
| RLIA.MC | Realia Business, S.A., together with its subsidiaries, engages in property management and homebuilding activities in Spain and internationally. It develops, manages, operates, and leases office buildings, shopping centers, commercial premises, … |
| ISN.SW | Intershop Holding AG, a real estate company, focuses on the purchase, development, and sale of real estate in Switzerland. The company engages in the rental of office, and commercial and … |
| SBB-D.ST | Samhällsbyggnadsbolaget i Norden AB (publ) owns, develops, and manages residential and community properties in the Nordic region. It operates through three segments: Residential Properties, Community Service Properties, and Other Properties. … |
| SBO.OL | Selvaag Bolig ASA, a housing development company, engages in the construction and sale of residential properties in Greater Oslo, Bergen, Stavanger, Trondheim, and Stockholm. It also offers project management and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Intershop Holding
A-Score
1-Year Total Return ->
🥈
Cibus Nordic Real Estate
A-Score
1-Year Total Return ->
🥉
Olav Thon Eiendomsselskap
A-Score
1-Year Total Return ->
4
Norden
A-Score
1-Year Total Return ->
5
Realia Business
A-Score
1-Year Total Return ->
6
