Company Valuation: Norda ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 100.8 188.9 188.9 203.8 203.8 397.7
Change - 87.38% 0% 7.89% 0% 95.12%
Enterprise Value (EV) 1 32.06 74.94 30.16 -52.97 -107.4 148.8
Change - 133.72% -59.76% -275.64% -102.86% 238.52%
P/E 2.49x - - - - 3.26x
PBR 0.92x - - - - 1.36x
PEG - - - - - -
Capitalization / Revenue 1.2x 0.4x 1.36x 1.59x 2.34x 1.07x
EV / Revenue 0.38x 0.16x 0.22x -0.41x -1.24x 0.4x
EV / EBITDA - - - - - -
EV / EBIT 0.39x 0.16x 0.22x -0.42x -1.3x 0.4x
EV / FCF 0.62x 0.23x 0.6x -0.72x -1.27x 0.64x
FCF Yield 160% 426% 166% -138% -78.6% 156%
Dividend per Share 2 - 6 - - - 26
Rate of return - 15.8% - - - 32.5%
EPS 2 8.033 - - - - 24.54
Distribution rate - - - - - 106%
Net sales 1 83.94 469.1 139.3 128 86.92 371.9
EBITDA - - - - - -
EBIT 1 82 467 135.7 125.7 82.96 369.8
Net income 1 39.93 427.7 82.14 100.2 31.17 125.9
Net Debt 1 -68.74 -113.9 -158.7 -256.8 -311.2 -248.8
Reference price 2 20.00 38.00 38.00 41.00 41.00 80.00
Nbr of stocks (in thousands) 5,040 4,971 4,971 4,971 4,971 4,971
Announcement Date 25/06/20 21/06/21 16/06/22 01/11/23 06/05/25 06/05/25
1NOK in Million2NOK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 4.68Cr
34.04x6.07x18.06x0.94% 5TCr
-21.52x306.46x-21.8x-.--% 4.44TCr
47.48x5.43x29.82x-.--% 4.08TCr
31.16x3.08x13.3x-.--% 3.98TCr
30.58x8.82x22.17x0.38% 3.25TCr
34.26x5.61x25.51x-.--% 1.68TCr
23.3x2.04x8.84x1.15% 1.4TCr
74.11x3.92x15.21x-.--% 1.32TCr
Average 31.68x 42.68x 13.89x 0.31% 2.8TCr
Weighted average by Cap. 27.04x 58.44x 12.55x 0.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA