Market Closed -
Oslo Bors
08:15:00 26/06/2024 pm IST
|
5-day change
|
1st Jan Change
|
297.2
NOK
|
+1.50%
|
|
+9.18%
|
-0.40%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
589.7
|
471.7
|
1,248
|
1,741
|
1,562
|
1,506
|
-
|
-
|
Enterprise Value (EV)
1 |
1,242
|
1,744
|
2,681
|
3,124
|
2,963
|
2,874
|
2,840
|
2,785
|
P/E ratio
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Yield
|
-
|
-
|
-
|
-
|
10.8%
|
10.7%
|
10.7%
|
10.7%
|
Capitalization / Revenue
|
4.92
x
|
2.87
x
|
3.63
x
|
5.01
x
|
4.21
x
|
4.14
x
|
4.11
x
|
3.95
x
|
EV / Revenue
|
10.4
x
|
10.6
x
|
7.81
x
|
8.98
x
|
7.99
x
|
7.89
x
|
7.75
x
|
7.3
x
|
EV / EBITDA
|
14.8
x
|
14.9
x
|
9.9
x
|
11.5
x
|
10.2
x
|
10.1
x
|
9.91
x
|
9.34
x
|
EV / FCF
|
-5.17
x
|
-2.9
x
|
-52.5
x
|
14.2
x
|
16.9
x
|
14.9
x
|
14.2
x
|
12
x
|
FCF Yield
|
-19.3%
|
-34.5%
|
-1.91%
|
7.04%
|
5.91%
|
6.7%
|
7.04%
|
8.37%
|
Price to Book
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Nbr of stocks (in thousands)
|
54,111
|
53,908
|
53,131
|
53,272
|
53,736
|
53,866
|
-
|
-
|
Reference price
2 |
10.90
|
8.750
|
23.49
|
32.69
|
29.06
|
27.96
|
27.96
|
27.96
|
Announcement Date
|
26/02/20
|
17/02/21
|
16/02/22
|
14/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
120
|
164.5
|
343.4
|
347.9
|
371
|
364.2
|
366.6
|
381.6
|
EBITDA
1 |
83.93
|
117.4
|
270.8
|
272.3
|
289.6
|
284.7
|
286.5
|
298.2
|
EBIT
1 |
55.01
|
75.62
|
201.2
|
200.6
|
217.2
|
210.3
|
212.3
|
227
|
Operating Margin
|
45.85%
|
45.98%
|
58.57%
|
57.66%
|
58.53%
|
57.75%
|
57.91%
|
59.47%
|
Earnings before Tax (EBT)
1 |
17.15
|
8.189
|
162.3
|
188.1
|
120.1
|
135.7
|
139.3
|
154.7
|
Net income
1 |
17.04
|
8.105
|
162.2
|
188
|
120
|
128.2
|
133.7
|
158.9
|
Net margin
|
14.21%
|
4.93%
|
47.23%
|
54.05%
|
32.35%
|
35.2%
|
36.48%
|
41.64%
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-240
|
-602.1
|
-51.09
|
219.9
|
175
|
192.5
|
200
|
233
|
FCF margin
|
-200.08%
|
-366.09%
|
-14.88%
|
63.2%
|
47.18%
|
52.86%
|
54.56%
|
61.05%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
80.74%
|
60.43%
|
67.61%
|
69.81%
|
78.13%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
116.93%
|
145.81%
|
150.17%
|
149.56%
|
146.6%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
3.125
|
3.000
|
3.000
|
3.000
|
Announcement Date
|
26/02/20
|
17/02/21
|
16/02/22
|
14/02/23
|
07/02/24
|
-
|
-
|
-
|
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
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
114.6
|
74.57
|
84.16
|
91.3
|
97.93
|
92.48
|
86.7
|
94.6
|
97.23
|
90.2
|
85.7
|
92.46
|
94.55
|
90.5
|
89.17
|
EBITDA
1 |
95.52
|
56.26
|
66.1
|
70.9
|
79.08
|
72.49
|
66.2
|
74.7
|
76.22
|
70.6
|
66.06
|
72.55
|
74.59
|
70.56
|
68.81
|
EBIT
1 |
77.28
|
38.36
|
48.45
|
52.8
|
61.01
|
55.01
|
48.22
|
56.2
|
57.72
|
51.94
|
46.98
|
53.88
|
55.72
|
52.1
|
50.63
|
Operating Margin
|
67.44%
|
51.44%
|
57.57%
|
57.83%
|
62.3%
|
59.49%
|
55.62%
|
59.41%
|
59.37%
|
57.58%
|
54.82%
|
58.28%
|
58.93%
|
57.57%
|
56.79%
|
Earnings before Tax (EBT)
1 |
69.5
|
55.78
|
44.27
|
46.61
|
41.48
|
16.57
|
39.02
|
45.13
|
19.4
|
33.2
|
26.81
|
35.87
|
38.44
|
35
|
32.5
|
Net income
1 |
69.43
|
55.76
|
44.26
|
46.6
|
41.43
|
16.53
|
39
|
45.1
|
19.39
|
33.2
|
25.58
|
32.32
|
34.11
|
32.4
|
30.73
|
Net margin
|
60.59%
|
74.78%
|
52.59%
|
51.04%
|
42.31%
|
17.88%
|
44.98%
|
47.67%
|
19.94%
|
36.81%
|
29.85%
|
34.95%
|
36.07%
|
35.8%
|
34.47%
|
EPS
|
-
|
-
|
0.8300
|
0.8800
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
-
|
0.7500
|
0.7500
|
-
|
-
|
0.7500
|
0.7500
|
0.7500
|
-
|
0.7500
|
0.7500
|
0.7500
|
-
|
-
|
Announcement Date
|
16/02/22
|
11/05/22
|
24/08/22
|
15/11/22
|
14/02/23
|
16/05/23
|
16/08/23
|
08/11/23
|
07/02/24
|
23/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
652
|
1,273
|
1,433
|
1,382
|
1,402
|
1,368
|
1,334
|
1,279
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.77
x
|
10.84
x
|
5.29
x
|
5.076
x
|
4.839
x
|
4.806
x
|
4.657
x
|
4.289
x
|
Free Cash Flow
1 |
-240
|
-602
|
-51.1
|
220
|
175
|
193
|
200
|
233
|
ROE (net income / shareholders' equity)
|
2.04%
|
0.97%
|
18.8%
|
20.9%
|
13.7%
|
16.5%
|
17.4%
|
19.9%
|
ROA (Net income/ Total Assets)
|
1.16%
|
0.41%
|
6.7%
|
-
|
4.46%
|
5%
|
5.4%
|
6.9%
|
Assets
1 |
1,474
|
1,972
|
2,421
|
-
|
2,691
|
2,564
|
2,476
|
2,303
|
Book Value Per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Cash Flow per Share
2 |
-
|
-
|
-
|
4.130
|
-
|
3.380
|
3.660
|
3.760
|
Capex
1 |
292
|
691
|
266
|
0.01
|
0
|
10
|
17
|
10.7
|
Capex / Sales
|
243.03%
|
420.39%
|
77.43%
|
0%
|
0%
|
2.75%
|
4.64%
|
2.79%
|
Announcement Date
|
26/02/20
|
17/02/21
|
16/02/22
|
14/02/23
|
07/02/24
|
-
|
-
|
-
|
Mean consensus UNDERPERFORM Last Close Price
27.96
USD Average target price
25
USD Spread / Average Target -10.59% Consensus |
1st Jan change
|
Capi.
|
---|
| +33.11% | 9.19B | | +29.18% | 5.72B | | +37.37% | 4.26B | | +31.31% | 2.96B | | +26.07% | 2.34B | | +29.74% | 2.34B | | +19.98% | 1.88B | | -4.15% | 1.81B | | +20.14% | 1.26B |
Sea-Borne Tankers
|