Financials Standard Supply

Equities

STSU

NO0012547308

Investment Holding Companies

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-07-12 am EDT			5-day change	1st Jan Change
2.07 ^NOK	-0.48%		-1.66%	-55.96%

May. 16	Standard Supply AS Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Feb. 15	Standard Supply AS Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	87.18	86.8	36.26	-	-
Enterprise Value (EV) ²	79.05	-2.738	23.2	20.96	14.94
P/E ratio	-4,174 x	2.55 x	3.12 x	3.16 x	2.58 x
Yield	-	-	44.3%	44.3%	44.3%
Capitalization / Revenue	3.89 x	1.18 x	0.87 x	0.87 x	0.78 x
EV / Revenue	3.52 x	-0.04 x	0.55 x	0.5 x	0.32 x
EV / EBITDA	12.2 x	-0.18 x	1.09 x	0.98 x	0.57 x
EV / FCF	-2,597,564 x	-172,745 x	-	-	-
FCF Yield	-0%	-0%	-	-	-
Price to Book	1.09 x	1.05 x	0.6 x	0.66 x	0.68 x
Nbr of stocks (in thousands)	187,726	187,726	187,726	-	-
Reference price ³	4.550	4.700	2.070	2.070	2.070
Announcement Date	2/16/23	2/15/24	-	-	-

¹NOK in Million²USD in Million³NOK

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	22.43	73.29	41.9	41.91	46.72
EBITDA ¹	6.454	15.16	21.37	21.44	26.24
EBIT ¹	1.726	41.42	13.97	14.04	18.84
Operating Margin	7.69%	56.52%	33.34%	33.49%	40.33%
Earnings before Tax (EBT) ¹	1.977	41.9	14.58	14.73	19.58
Net income ¹	-0.0286	32.65	11.44	11.3	13.92
Net margin	-0.13%	44.55%	27.31%	26.95%	29.79%
EPS ²	-0.001090	1.842	0.6630	0.6550	0.8030
Free Cash Flow	-30.43	15.85	-	-	-
FCF margin	-135.68%	21.62%	-	-	-
FCF Conversion (EBITDA)	-	104.57%	-	-	-
FCF Conversion (Net income)	-	48.54%	-	-	-
Dividend per Share ²	-	-	0.9160	0.9160	0.9160
Announcement Date	2/16/23	2/15/24	-	-	-

¹USD in Million²NOK

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 Q3	2022 Q4	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales	9.718	7.951	12.51	16.44	36.52	1.48	-	-	-
EBITDA	-	1.2	5.867	6.451	1.501	0.28	-	-	-
EBIT	-	-0.6209	3.905	8.338	29.79	-0.0752	-	-	-
Operating Margin	-	-7.81%	31.21%	50.73%	81.56%	-5.08%	-	-	-
Earnings before Tax (EBT) ¹	-	-0.689	4.091	7.871	30.5	0.3985	5.272	5.655	1.27
Net income ¹	1.475	-0.95	2.828	6.768	23.64	0.1452	4.011	4.37	1.061
Net margin	15.18%	-11.95%	22.6%	41.18%	64.74%	9.81%	-	-	-
EPS ²	-	-0.0547	-	-	1.334	-	0.2310	0.2530	0.0610
Dividend per Share	-	-	-	-	-	-	-	-	-
Announcement Date	11/15/22	2/16/23	8/24/23	11/16/23	2/15/24	5/16/24	-	-	-

¹USD in Million²NOK

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-
Net Cash position ¹	8.13	89.5	13.1	15.3	21.3
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-30.4	15.8	-	-	-
ROE (net income / shareholders' equity)	-0.05%	43.3%	18.6%	19.8%	25.9%
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share ²	4.170	4.460	3.420	3.160	3.040
Cash Flow per Share	-	-	-	-	-
Capex	34.6	4.58	-	-	-
Capex / Sales	154.37%	6.25%	-	-	-
Announcement Date	2/16/23	2/15/24	-	-	-

¹USD in Million²NOK

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Standard Supply

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.07 NOK

Average target price

3.9 NOK

Spread / Average Target

+88.41%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Holding Companies

	1st Jan change	Capi.
STANDARD SUPPLY	-55.96%	36.26M
INVESTOR AB	+27.39%	85.99B
KOÇ HOLDING	+62.20%	17.65B
INVESTMENT AB LATOUR	+15.33%	18.36B
AB INDUSTRIVÄRDEN	+7.57%	14.45B
BAJAJ HOLDINGS & INVESTMENT LIMITED	+29.06%	13.19B
L E LUNDBERGFÖRETAGEN AB	-1.31%	12.74B
HAL TRUST	-0.53%	11.15B
MERITZ FINANCIAL GROUP INC.	+38.75%	10.99B
SK SQUARE CO., LTD.	+100.19%	10.22B

Other Holding Companies