Projected Income Statement: Aker BP ASA

Forecast Balance Sheet: Aker BP ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 15,246 26,990 33,178 44,328 67,279 65,965 58,317 45,869
Change - 77.03% 22.93% 33.61% 51.78% -1.95% -11.59% -21.35%
Announcement Date 10/02/22 10/02/23 08/02/24 12/02/25 11/02/26 - - -
1NOK in Million
Estimates

Cash Flow Forecast: Aker BP ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 12,050 18,601 36,334 57,680 68,054 60,203 37,755 27,691
Change - 54.36% 95.34% 58.75% 17.99% -11.54% -37.29% -26.66%
Free Cash Flow (FCF) 1 25,427 26,532 20,661 12,496 -2,350 19,278 27,587 32,619
Change - 4.35% -22.13% -39.52% -118.81% 920.24% 43.11% 18.24%
Announcement Date 10/02/22 10/02/23 08/02/24 12/02/25 11/02/26 - - -
1NOK in Million
Estimates

Forecast Financial Ratios: Aker BP ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 79.67% 90.56% 89.88% 89.53% 85.49% 89.76% 86.79% 85.29%
EBIT Margin (%) 58.48% 68.9% 65.76% 66.75% 43.5% 71.31% 64.13% 62.45%
EBT Margin (%) 54.22% 67.46% 64.11% 65.02% 42.1% 68.45% 62.15% 60.88%
Net margin (%) 15.01% 12.32% 9.77% 14.76% 1.21% 15.67% 13.95% 13.75%
FCF margin (%) 50.97% 20.1% 14.3% 9.01% -2.25% 16.96% 24.14% 26.34%
FCF / Net Income (%) 339.55% 163.14% 146.32% 61.04% -186.47% 108.24% 173.08% 191.51%

Profitability

        
ROA 6.33% 6.6% 3.49% 4.5% 0.3% 4.65% 3.1% 2.89%
ROE 39.3% 24.5% 10.78% 14.59% 1.11% 18.42% 13.68% 14.45%

Financial Health

        
Leverage (Debt/EBITDA) 0.38x 0.23x 0.26x 0.36x 0.75x 0.65x 0.59x 0.43x
Debt / Free cash flow 0.6x 1.02x 1.61x 3.55x -28.63x 3.42x 2.11x 1.41x

Capital Intensity

        
CAPEX / Current Assets (%) 24.16% 14.09% 25.14% 41.6% 65.28% 52.97% 33.03% 22.36%
CAPEX / EBITDA (%) 30.32% 15.56% 27.97% 46.47% 76.36% 59.02% 38.06% 26.21%
CAPEX / FCF (%) 47.39% 70.11% 175.86% 461.57% -2,895.64% 312.3% 136.86% 84.89%

Items per share

        
Cash flow per share 1 104.2 117 90.54 114 173.9 129.5 104.3 86.63
Change - 12.29% -22.62% 25.86% 52.64% -25.56% -19.43% -16.96%
Dividend per Share 1 11.85 20.31 23.36 27.08 23.9 24.6 25.86 27.97
Change - 71.42% 15.03% 15.91% -11.73% 2.93% 5.11% 8.19%
Book Value Per Share 1 56.97 254 208.6 226.8 168.6 189.4 196.7 201.1
Change - 345.92% -17.87% 8.72% -25.65% 12.32% 3.82% 2.26%
EPS 1 20.74 32.77 22.41 32.48 2.001 27.84 25.74 27.83
Change - 57.99% -31.61% 44.93% -93.84% 1,291.63% -7.56% 8.14%
Nbr of stocks (in thousands) 3,77,347 6,31,197 6,30,500 6,32,371 6,31,765 6,31,700 6,31,700 6,31,700
Announcement Date 10/02/22 10/02/23 08/02/24 12/02/25 11/02/26 - - -
1NOK
Estimates
2026 *2027 *
P/E ratio 12.5x 13.5x
PBR 1.84x 1.77x
EV / Sales 2.52x 2.44x
Yield 7.06% 7.42%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
17
Last Close Price
348.50NOK
Average target price
320.18NOK
Spread / Average Target
-8.13%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. AKRBP Stock
  4. Financials Aker BP ASA