Company Valuation: Norconsult ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 6,968 12,763 14,243 12,223 - -
Change - 83.17% 11.6% -14.18% - -
Enterprise Value (EV) 1 7,601 12,748 15,661 13,657 13,273 12,963
Change - 67.72% 22.85% -12.8% -2.81% -2.33%
P/E 13.4x 25.9x 21.5x 19.3x 14x 12.6x
PBR 3.37x 5.05x 4.5x 3.73x 3.38x 3.12x
PEG - -4.29x 0.9x -3.95x 0.4x 1.2x
Capitalization / Revenue 0.73x 1.23x 1.25x 1.05x 0.98x 0.93x
EV / Revenue 0.79x 1.22x 1.37x 1.17x 1.07x 0.98x
EV / EBITDA 6.09x 9.49x 10.9x 8.23x 7.2x 6.7x
EV / EBIT 9.63x 14.9x 17.6x 13.4x 10.6x 9.77x
EV / FCF 14.2x 10.9x 15.6x 10.7x 9.74x 8.79x
FCF Yield 7.05% 9.2% 6.4% 9.35% 10.3% 11.4%
Dividend per Share 2 1.2 1.7 1.8 1.69 2.038 2.252
Rate of return 4.92% 3.84% 3.92% 4.33% 5.22% 5.77%
EPS 2 1.82 1.71 2.13 2.026 2.788 3.088
Distribution rate 65.9% 99.4% 84.5% 83.4% 73.1% 72.9%
Net sales 1 9,567 10,414 11,399 11,653 12,437 13,187
EBITDA 1 1,248 1,344 1,441 1,659 1,843 1,934
EBIT 1 789 855 889 1,018 1,248 1,327
Net income 1 516 496 651 630.1 866.7 960.1
Net Debt 1 633 -15 1,418 1,434 1,050 740.5
Reference price 2 24.40 44.25 45.90 39.05 39.05 39.05
Nbr of stocks (in thousands) 2,85,568 2,88,426 3,10,300 3,13,007 - -
Announcement Date 20/02/24 18/02/25 12/02/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.3x1.17x8.24x4.32% 130.8Cr
18.38x1.48x9.65x3.08% 485.86Cr
10.8x0.39x6.09x4.03% 139.05Cr
19.62x - - - 122.33Cr
Average 17.02x 1.01x 7.99x 3.81% 219.51Cr
Weighted average by Cap. 17.49x 1.22x 8.75x 3.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. NORCO Stock
  4. Valuation Norconsult ASA