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Sats ASA (SATS) Fair Value & Analysis

Consumer Cyclical · NO · Market cap 8.4B NOK

SA Sats ASA SATS · OL
Pricekr 40.70
Fair Valuekr 53.51
Upside+31.5%
Quality95/100
Evidence: High Range kr 40.13 – kr 66.89

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price +0.7% over the past month.

Price vs Fair Value (12 months)

kr 41.69 kr 32.64 Fair Value kr 53.51 Jun 2025 Jun 2026

12‑month range kr 32.64 – kr 41.69 · fair‑value band kr 40.13 – kr 66.89 · the kr 40.70 price screens below the kr 53.51 fair value. As of Jun 24, 2026.

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Analysis

Sats ASA (SATS) currently trades at kr 40.70, while our model-based Fair Value estimate is kr 53.51 — implying the stock looks roughly 31.5% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Sats ASA generated revenue of 5.6B NOK at a net margin of 8.7%. Revenue grew 6.3% year over year. It earns a return on equity of 36.2%. Net debt stands at 977M NOK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 5.6B NOK
Revenue growth (YoY) +6.3%
Net margin 8.7%
Return on equity 36.2%
Free cash flow 1.8B NOK FY2025
P/E ratio 17.8
More key figures
Operating margin 14.9%
EPS (TTM) kr 2.41
Dividend yield 3.0%
EPS growth (YoY) +15.2%
Net debt 977M NOK FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Sats ASA provides fitness and training services in Norway, Sweden, Denmark, and Finland. It offers sportswear, fitness gear, bars, and energy drinks. The company operates fitness clubs under the SATS, ELIXIA, Fresh Fitness, and SATSYoga brand names. Sats ASA was founded in 1995 and is headquartered in Oslo, Norway.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sats ASA reported revenue of kr 5.5B in FY2025 versus kr 3.2B in FY2021, a compound +14.1%/yr. Reported net income was kr 474M in FY2025.

Revenue +14.1%/yr
FY21 kr 3.2B
FY22 kr 4.1B
FY23 kr 4.7B
FY24 kr 5.1B
FY25 kr 5.5B
Net income
FY21 −kr 452M
FY22 −kr 246M
FY23 kr 224M
FY24 kr 326M
FY25 kr 474M

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6 more Leisure stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Pop Mart International Group PMRTY $20.05 $6.96 -65%
ANTA Sports Products Limited ANPDF $9.10 $18.76 +106%
Amer Sports, Inc AS $33.76 $19.60 -42%
BANDAI NAMCO Holdings NCBDY $11.23 $15.86 +41%
Hasbro, Inc HAS $84.39 $83.11 -2%

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Frequently asked questions

Is Sats ASA (SATS) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 53.51 versus a price of kr 40.70 — about +31% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SATS?
Our 21-model fair value for Sats ASA is kr 53.51 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 40.70.
What is the quality score of SATS?
Sats ASA has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Sats ASA (SATS)?
Sats ASA reported trailing-twelve-month revenue of about 5.6B NOK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SATS?
The net profit margin of Sats ASA is about 8.7%, meaning it keeps roughly 8.7% of revenue as net income. Based on the latest reported figures.
Does Sats ASA pay a dividend?
Sats ASA currently shows a dividend yield of about 2.99% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.