Financials Bouvet ASA

Equities

BOUV

NO0010360266

IT Services & Consulting

Market Closed - Oslo Bors 08:15:00 28/06/2024 pm IST 5-day change 1st Jan Change
63 NOK 0.00% Intraday chart for Bouvet ASA +1.12% +3.45%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,977 7,303 7,837 6,171 6,264 6,477 - -
Enterprise Value (EV) 1 3,977 6,726 7,295 5,727 5,782 6,028 6,060 6,086
P/E ratio 22.2 x 30.5 x 29.6 x 20 x 19.5 x 17.6 x 16.9 x 16.7 x
Yield - 3.1% 3.58% 3.83% 5.01% 5.4% 6.35% 6.35%
Capitalization / Revenue 1.87 x 3.04 x 2.91 x 2 x 1.78 x 1.66 x 1.54 x 1.45 x
EV / Revenue 1.87 x 2.8 x 2.71 x 1.86 x 1.64 x 1.55 x 1.45 x 1.37 x
EV / EBITDA - 17.6 x 17.8 x 11.9 x 11.5 x 10.2 x 9.85 x 9.73 x
EV / FCF - 15.9 x 27.5 x 20.4 x 12.6 x 17.7 x 15.9 x 15.7 x
FCF Yield - 6.29% 3.63% 4.91% 7.94% 5.64% 6.29% 6.38%
Price to Book - - 17.6 x 13.6 x 13.8 x 14.1 x 15 x 15.9 x
Nbr of stocks (in thousands) 1,02,495 1,02,859 1,03,796 1,02,846 1,02,859 1,02,811 - -
Reference price 2 38.80 71.00 75.50 60.00 60.90 63.00 63.00 63.00
Announcement Date 25/02/20 19/02/21 17/02/22 17/02/23 16/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,132 2,402 2,695 3,085 3,526 3,900 4,193 4,455
EBITDA 1 - 381.5 409.8 480.7 503.9 591.9 615.6 625.4
EBIT 1 - 314.6 340.1 401.7 407 474.9 493.6 499.2
Operating Margin - 13.1% 12.62% 13.02% 11.54% 12.18% 11.77% 11.2%
Earnings before Tax (EBT) 1 - 311.7 335.1 401 418.4 474.5 493.3 498.8
Net income 1 - 241.2 265.9 315.7 325.4 370.3 384.7 389.1
Net margin - 10.04% 9.86% 10.23% 9.23% 9.5% 9.18% 8.73%
EPS 2 1.744 2.329 2.550 3.000 3.130 3.586 3.726 3.768
Free Cash Flow 1 - 423.2 264.9 281.4 459.3 340 381 388
FCF margin - 17.62% 9.83% 9.12% 13.03% 8.72% 9.09% 8.71%
FCF Conversion (EBITDA) - 110.93% 64.64% 58.54% 91.15% 57.44% 61.89% 62.04%
FCF Conversion (Net income) - 175.47% 99.64% 89.13% 141.15% 91.81% 99.03% 99.73%
Dividend per Share 2 - 2.200 2.700 2.300 3.050 3.400 4.000 4.000
Announcement Date 25/02/20 19/02/21 17/02/22 17/02/23 16/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 739.6 816.5 734.9 - 834.7 945.1 833 777.9 969.7 1,016 981.3 849.6 1,054
EBITDA 1 121.6 141.7 109 93.37 136.6 158.6 106.2 105.5 133.6 165.2 155.2 116.8 154.6
EBIT 1 103.9 122.8 89.2 73.4 116.3 131.6 89.03 80.01 106.3 135 125.6 88.44 125.9
Operating Margin 14.05% 15.04% 12.14% - 13.94% 13.93% 10.69% 10.29% 10.96% 13.29% 12.8% 10.41% 11.95%
Earnings before Tax (EBT) 1 102.9 121.9 88.75 - 117 133.7 90.53 81.79 112.4 134.9 125.5 88.35 125.8
Net income 1 85.8 95.31 69.69 - 94.06 104.5 69.41 63.14 88.36 105.4 97.91 68.91 98.09
Net margin 11.6% 11.67% 9.48% - 11.27% 11.06% 8.33% 8.12% 9.11% 10.38% 9.98% 8.11% 9.31%
EPS 2 0.8200 0.9100 0.6800 - 0.8900 1.000 0.6700 0.6100 0.8500 1.010 0.9481 0.6674 0.9499
Dividend per Share 2 0.5000 - 2.300 - - - - - 0.5500 - 2.600 - 0.8000
Announcement Date 17/02/22 19/05/22 24/08/22 10/11/22 17/02/23 23/05/23 30/08/23 09/11/23 16/02/24 22/05/24 - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - 577 541 443 482 449 417 391
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 423 265 281 459 340 381 388
ROE (net income / shareholders' equity) - 65.3% 61.3% 70.4% 71.9% 80.5% 86% 92.4%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - 4.290 4.400 4.420 4.470 4.190 3.960
Cash Flow per Share - - - - - - - -
Capex 1 - 27.6 29.2 39.9 69.4 55 57 60
Capex / Sales - 1.15% 1.09% 1.29% 1.97% 1.41% 1.36% 1.35%
Announcement Date 25/02/20 19/02/21 17/02/22 17/02/23 16/02/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
63 NOK
Average target price
65 NOK
Spread / Average Target
+3.17%
Consensus