NEL ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.23 NOK | -4.37% |
|
+2.90% | +4.93% |
| Jun. 05 | NEL ASA : RBC reiterates its Buy rating | ZD |
| Jun. 04 | NEL ASA : Bernstein gives a Neutral rating | ZD |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 10,571 | 40,758 | 22,213 | 21,654 | 11,513 | 12,081 | - | - |
| Enterprise Value (EV) 1 | 10,076 | 38,456 | 19,513 | 21,654 | 8,172 | 9,453 | 10,132 | 11,011 |
| P/E ratio | -39.3 x | 31.8 x | -13.2 x | -18.2 x | -13.3 x | -27.3 x | -29.6 x | -46.1 x |
| Yield | - | - | - | - | - | - | - | 0.08% |
| Capitalization / Revenue | 18.6 x | 62.5 x | 27.8 x | 21.8 x | 6.49 x | 5.71 x | 4.2 x | 2.97 x |
| EV / Revenue | 17.7 x | 59 x | 24.5 x | 21.8 x | 4.61 x | 4.47 x | 3.52 x | 2.71 x |
| EV / EBITDA | -61.7 x | -153 x | -41.1 x | -27.8 x | -17.2 x | -27.6 x | -45.7 x | -1,312 x |
| EV / FCF | -30.8 x | -85.8 x | -23.6 x | - | -5.8 x | -11.9 x | -10 x | -11.3 x |
| FCF Yield | -3.24% | -1.17% | -4.24% | - | -17.2% | -8.37% | -9.99% | -8.85% |
| Price to Book | 5.64 x | 7.46 x | 4.38 x | - | 1.84 x | 2.08 x | 2.21 x | 2.29 x |
| Nbr of stocks (in thousands) | 1,222,098 | 1,407,401 | 1,460,396 | 1,562,907 | 1,670,907 | 1,670,907 | - | - |
| Reference price 2 | 8.650 | 28.96 | 15.21 | 13.86 | 6.890 | 7.230 | 7.230 | 7.230 |
| Announcement Date | 3/5/20 | 2/18/21 | 2/16/22 | 2/28/23 | 2/28/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 569.7 | 651.9 | 798 | 993.6 | 1,773 | 2,116 | 2,875 | 4,069 |
| EBITDA 1 | -163.2 | -251.5 | -475.2 | -779.9 | -473.7 | -342.2 | -221.8 | -8.394 |
| EBIT 1 | -238.7 | -414.5 | -582.9 | -1,279 | -699.5 | -560.3 | -470.1 | -254.2 |
| Operating Margin | -41.89% | -63.59% | -73.04% | -128.69% | -39.45% | -26.47% | -16.35% | -6.25% |
| Earnings before Tax (EBT) 1 | -277.2 | 1,246 | -1,684 | -1,187 | -872.5 | -455.6 | -405 | -255.8 |
| Net income 1 | -269.7 | 1,262 | -1,667 | -1,171 | -855.2 | -439 | -390.8 | -220.8 |
| Net margin | -47.34% | 193.58% | -208.88% | -117.87% | -48.23% | -20.74% | -13.59% | -5.43% |
| EPS 2 | -0.2200 | 0.9100 | -1.150 | -0.7600 | -0.5200 | -0.2645 | -0.2441 | -0.1567 |
| Free Cash Flow 1 | -326.8 | -448.1 | -826.6 | - | -1,409 | -791.3 | -1,012 | -974 |
| FCF margin | -57.36% | -68.74% | -103.59% | - | -79.49% | -37.39% | -35.21% | -23.94% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | 0.006000 |
| Announcement Date | 3/5/20 | 2/18/21 | 2/16/22 | 2/28/23 | 2/28/24 | - | - | - |
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 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 248.1 | 213.1 | 183.2 | 183.1 | 414.1 | 359 | 475.1 | 405.5 | 533.6 | 409.1 | 523.2 | 553.8 | 584.7 | 662.5 | 647 |
| EBITDA 1 | -167.7 | -152.4 | -197 | -214 | -216.4 | -121 | -138 | -109 | -106.3 | -15.59 | -98.26 | -96.57 | -85.45 | -24 | -17 |
| EBIT 1 | -196.7 | -186.6 | -241 | -260.2 | -590.9 | -174.8 | -193.5 | -165.1 | -166.1 | -74.02 | -160.3 | -160.3 | -157.4 | -100 | -92.5 |
| Operating Margin | -79.28% | -87.55% | -131.54% | -142.06% | -142.69% | -48.69% | -40.74% | -40.71% | -31.13% | -18.09% | -30.65% | -28.95% | -26.92% | -15.09% | -14.3% |
| Earnings before Tax (EBT) 1 | -280.9 | 81.85 | -276.5 | -261.7 | -730.6 | -194.3 | -344.6 | -228.5 | -105.2 | -24.22 | -140 | -143 | -135.6 | -84.5 | -78 |
| Net income 1 | -269.5 | 83.74 | -274.5 | -259.6 | -720.8 | -192 | -342.3 | -226.3 | -94.39 | -22.02 | -138.6 | -142.3 | -132.6 | -77 | -70.5 |
| Net margin | -108.61% | 39.29% | -149.83% | -141.77% | -174.06% | -53.48% | -72.06% | -55.81% | -17.69% | -5.38% | -26.5% | -25.7% | -22.68% | -11.62% | -10.9% |
| EPS 2 | -0.1800 | 0.0600 | -0.1800 | -0.1700 | -0.4600 | -0.1200 | -0.2000 | -0.1400 | -0.0600 | -0.0100 | -0.0812 | -0.0804 | -0.0844 | -0.0500 | -0.0450 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/16/22 | 5/10/22 | 8/11/22 | 10/20/22 | 2/28/23 | 4/27/23 | 7/18/23 | 10/25/23 | 2/28/24 | 4/17/24 | - | - | - | - | - |
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 | 495 | 2,303 | 2,700 | - | 3,341 | 2,628 | 1,949 | 1,070 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -327 | -448 | -827 | - | -1,409 | -791 | -1,012 | -974 |
| ROE (net income / shareholders' equity) | -15.7% | -11.4% | -31.7% | - | -14.7% | -7.05% | -6.52% | -4.38% |
| ROA (Net income/ Total Assets) | -12.3% | - | -27.5% | - | -11.6% | -5.76% | -4.04% | -1.85% |
| Assets 1 | 2,188 | - | 6,072 | - | 7,404 | 7,617 | 9,675 | 11,936 |
| Book Value Per Share 2 | 1.530 | 3.880 | 3.470 | - | 3.750 | 3.480 | 3.270 | 3.160 |
| Cash Flow per Share 2 | - | -0.1600 | -0.3100 | - | -0.4100 | -0.1000 | -0.0700 | 0.2000 |
| Capex 1 | 119 | 232 | 377 | - | 740 | 435 | 602 | 868 |
| Capex / Sales | 20.86% | 35.62% | 47.26% | - | 41.73% | 20.56% | 20.95% | 21.32% |
| Announcement Date | 3/5/20 | 2/18/21 | 2/16/22 | 2/28/23 | 2/28/24 | - | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
21
Last Close Price
7.23
NOK
Average target price
6.445
NOK
Spread / Average Target
-10.85%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +4.93% | 1.19B | |
| +14.05% | 20.79B | |
| +93.50% | 20.36B | |
| -26.95% | 6.42B | |
| -18.10% | 3.08B | |
| -25.22% | 2.44B | |
| -18.45% | 2.11B | |
| -28.08% | 1.12B | |
| +124.17% | 1.06B | |
| -5.97% | 931M |
- Stock Market
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- Financials Nel ASA
