Loading...
SATS logo

Sats ASAOB:SATS Stock Report

Market Cap NOK 7.7b
Share Price
NOK 39.50
NOK 48
17.7% undervalued intrinsic discount
1Y6.8%
7D-8.5%
Portfolio Value
View

Sats ASA

OB:SATS Stock Report

Market Cap: NOK 7.7b

Sats (SATS) Stock Overview

Provides fitness and training services in Norway, Sweden, Denmark, and Finland. More details

SATS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance4/6
Financial Health3/6
Dividends3/6

SATS Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Sats ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sats
Historical stock prices
Current Share PriceNOK 39.50
52 Week HighNOK 44.85
52 Week LowNOK 33.65
Beta0.86
1 Month Change-9.40%
3 Month Change-0.38%
1 Year Change6.76%
3 Year Change267.10%
5 Year Change78.33%
Change since IPO81.94%

Recent News & Updates

When Should You Buy Sats ASA (OB:SATS)?

May 05
When Should You Buy Sats ASA (OB:SATS)?

SATS: Spectrum Monetization And March Capital Return Plans Will Drive Upside

The analyst price target for Sats has been trimmed slightly, with fair value moving from NOK 48.80 to NOK 48.00 as analysts factor in more measured revenue growth, a marginally higher discount rate, and a slightly lower future P/E multiple. Analyst Commentary Analysts are broadly aligned that the slight trim in fair value for Sats reflects more cautious assumptions rather than a fundamental shift in the investment case.

SATS: Spectrum Monetization And March Payout Decisions Will Drive Upside Potential

Analysts have trimmed the Sats price target to NOK54 from NOK60, citing a blend of higher organic revenue expectations, progress on spectrum monetization and cost reductions, partially balanced by DISH-related churn, lower equity income and shifting views on non operating assets across the broader satellite peer group. Analyst Commentary Recent Street commentary around Sats, referenced through peers in satellite and spectrum exposed names, points to a mix of optimism on execution and caution on churn, non operating assets and the outlook for legacy businesses.

SATS: Spectrum Deal Review And March Meeting Will Shape Asset Upside

Analysts have nudged their price target on Sats slightly higher to NOK48.80 from NOK48.75, reflecting updated views that balance more measured assumptions for revenue growth with expectations for improved profit margins and modestly lower future P/E estimates. Analyst Commentary Recent commentary around Sats focuses on how updated assumptions for revenue growth, profitability and valuation multiples line up with the slightly higher NOK48.80 price target.

SATS: March Meeting And Buybacks Will Underscore Long Term Asset Optionality

Analysts have maintained their NOK 48.75 price target on Sats, with slightly higher revenue growth assumptions and a marginally higher discount rate, offset by a small reduction in long-term profit margin and P/E expectations. Analyst Commentary Recent research on peers in adjacent sectors highlights how different valuation drivers can pull in opposite directions at the same time.

Recent updates

When Should You Buy Sats ASA (OB:SATS)?

May 05
When Should You Buy Sats ASA (OB:SATS)?

SATS: Spectrum Monetization And March Capital Return Plans Will Drive Upside

The analyst price target for Sats has been trimmed slightly, with fair value moving from NOK 48.80 to NOK 48.00 as analysts factor in more measured revenue growth, a marginally higher discount rate, and a slightly lower future P/E multiple. Analyst Commentary Analysts are broadly aligned that the slight trim in fair value for Sats reflects more cautious assumptions rather than a fundamental shift in the investment case.

SATS: Spectrum Monetization And March Payout Decisions Will Drive Upside Potential

Analysts have trimmed the Sats price target to NOK54 from NOK60, citing a blend of higher organic revenue expectations, progress on spectrum monetization and cost reductions, partially balanced by DISH-related churn, lower equity income and shifting views on non operating assets across the broader satellite peer group. Analyst Commentary Recent Street commentary around Sats, referenced through peers in satellite and spectrum exposed names, points to a mix of optimism on execution and caution on churn, non operating assets and the outlook for legacy businesses.

SATS: Spectrum Deal Review And March Meeting Will Shape Asset Upside

Analysts have nudged their price target on Sats slightly higher to NOK48.80 from NOK48.75, reflecting updated views that balance more measured assumptions for revenue growth with expectations for improved profit margins and modestly lower future P/E estimates. Analyst Commentary Recent commentary around Sats focuses on how updated assumptions for revenue growth, profitability and valuation multiples line up with the slightly higher NOK48.80 price target.

SATS: March Meeting And Buybacks Will Underscore Long Term Asset Optionality

Analysts have maintained their NOK 48.75 price target on Sats, with slightly higher revenue growth assumptions and a marginally higher discount rate, offset by a small reduction in long-term profit margin and P/E expectations. Analyst Commentary Recent research on peers in adjacent sectors highlights how different valuation drivers can pull in opposite directions at the same time.

SATS: March Meeting And Buybacks May Highlight Undervalued Asset Optionality

Narrative Update on Sats Analysts have kept their fair value estimate for Sats steady at NOK 48.75 per share, pointing to slightly adjusted assumptions around the discount rate and future P/E, while drawing on recent sector work that highlights how changes in asset valuations and sum-of-the-parts thinking can influence targets in related satellite names. Analyst Commentary Recent sector research around satellite peers is giving investors a clearer sense of how analysts are thinking about Sats, especially when it comes to asset values, spectrum exposure, and how to treat stakes in related businesses within sum of the parts frameworks.

SATS: Lower Discount Rate May Unlock Repricing Potential After March Meeting

Analysts have raised their price target on Sats to NOK48.75 from NOK44.33. They attribute this change to updated fair value analysis that incorporates a slightly lower discount rate, modestly revised assumptions for revenue growth and profit margins, and a higher future P/E multiple that is consistent with recent sector research.

Is Sats (OB:SATS) Using Too Much Debt?

Nov 20
Is Sats (OB:SATS) Using Too Much Debt?

Shareholders Will Be Pleased With The Quality of Sats' (OB:SATS) Earnings

Nov 05
Shareholders Will Be Pleased With The Quality of Sats' (OB:SATS) Earnings

Sats ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 31
Sats ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Is Now An Opportune Moment To Examine Sats ASA (OB:SATS)?

Oct 30
Is Now An Opportune Moment To Examine Sats ASA (OB:SATS)?

Returns At Sats (OB:SATS) Are On The Way Up

Sep 13
Returns At Sats (OB:SATS) Are On The Way Up

Premium Group Training In Norway And Sweden Will Drive Expansion

The analyst price target for Sats has been raised from NOK42.33 to NOK44.33, primarily driven by EchoStar’s major spectrum sales unlocking significant shareholder value, enhancing balance sheet strength, and elevating the market valuation of remaining spectrum assets while also raising competitive risks for industry peers. Analyst Commentary EchoStar’s significant spectrum sales to AT&T and SpaceX/Starlink for $17–23B have unlocked substantial shareholder value, cleared debt, and increased the recognized value of remaining spectrum assets.

Sats ASA (OB:SATS) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Aug 26
Sats ASA (OB:SATS) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Sats ASA Just Missed Earnings - But Analysts Have Updated Their Models

May 09
Sats ASA Just Missed Earnings - But Analysts Have Updated Their Models

Shareholders Can Be Confident That Sats' (OB:SATS) Earnings Are High Quality

Apr 04
Shareholders Can Be Confident That Sats' (OB:SATS) Earnings Are High Quality

Investors Appear Satisfied With Sats ASA's (OB:SATS) Prospects As Shares Rocket 26%

Feb 18
Investors Appear Satisfied With Sats ASA's (OB:SATS) Prospects As Shares Rocket 26%

Sats ASA (OB:SATS) Just Reported And Analysts Have Been Lifting Their Price Targets

Feb 15
Sats ASA (OB:SATS) Just Reported And Analysts Have Been Lifting Their Price Targets
User avatar

Fitness Chain Will Initiate Dividend Payouts And Share Buybacks In 2025 To Benefit Shareholders

SATS anticipates robust revenue growth by enhancing product offerings and improving member yields, capitalizing on post-COVID recovery trends.

Analysts Are Updating Their Sats ASA (OB:SATS) Estimates After Its Third-Quarter Results

Nov 08
Analysts Are Updating Their Sats ASA (OB:SATS) Estimates After Its Third-Quarter Results

Sats' (OB:SATS) Solid Earnings Are Supported By Other Strong Factors

Aug 29
Sats' (OB:SATS) Solid Earnings Are Supported By Other Strong Factors

Sats ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 26
Sats ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Risks To Shareholder Returns Are Elevated At These Prices For Sats ASA (OB:SATS)

Aug 23
Risks To Shareholder Returns Are Elevated At These Prices For Sats ASA (OB:SATS)

Sats ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 03
Sats ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Sats' (OB:SATS) Earnings May Just Be The Starting Point

Feb 20
Sats' (OB:SATS) Earnings May Just Be The Starting Point

Sats ASA (OB:SATS) Just Reported And Analysts Have Been Lifting Their Price Targets

Feb 16
Sats ASA (OB:SATS) Just Reported And Analysts Have Been Lifting Their Price Targets

What Sats ASA's (OB:SATS) 29% Share Price Gain Is Not Telling You

Jan 05
What Sats ASA's (OB:SATS) 29% Share Price Gain Is Not Telling You

Sats (OB:SATS) Has A Pretty Healthy Balance Sheet

Oct 31
Sats (OB:SATS) Has A Pretty Healthy Balance Sheet

Here's What's Concerning About Sats' (OB:SATS) Returns On Capital

Sep 07
Here's What's Concerning About Sats' (OB:SATS) Returns On Capital

Is Sats (OB:SATS) A Risky Investment?

May 31
Is Sats (OB:SATS) A Risky Investment?

Sats ASA (OB:SATS) Shares Fly 37% But Investors Aren't Buying For Growth

Apr 17
Sats ASA (OB:SATS) Shares Fly 37% But Investors Aren't Buying For Growth

Shareholder Returns

SATSNO HospitalityNO Market
7D-8.5%-1.0%2.0%
1Y6.8%-14.3%27.1%

Return vs Industry: SATS exceeded the Norwegian Hospitality industry which returned -13.7% over the past year.

Return vs Market: SATS underperformed the Norwegian Market which returned 26.4% over the past year.

Price Volatility

Is SATS's price volatile compared to industry and market?
SATS volatility
SATS Average Weekly Movement3.4%
Hospitality Industry Average Movement5.2%
Market Average Movement5.3%
10% most volatile stocks in NO Market11.6%
10% least volatile stocks in NO Market3.3%

Stable Share Price: SATS has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: SATS's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19955,635Sondre Gravirsatsgroup.com

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 Fundamentals Summary

How do Sats's earnings and revenue compare to its market cap?
SATS fundamental statistics
Market capNOK 7.74b
Earnings (TTM)NOK 474.00m
Revenue (TTM)NOK 5.51b
16.3x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SATS income statement (TTM)
RevenueNOK 0
Cost of RevenueNOK 0
Gross ProfitNOK 0
Other ExpensesNOK 0
EarningsNOK 0

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 14, 2026

Earnings per share (EPS)2.42
Gross Margin60.05%
Net Profit Margin8.60%
Debt/Equity Ratio102.4%

How did SATS perform over the long term?

See historical performance and comparison

Dividends

3.4%
Current Dividend Yield
55%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/05 15:34
End of Day Share Price 2026/05/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sats ASA is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Tomas HelgoDanske Bank
Tarjei HatlenDNB Carnegie