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5-day change | 1st Jan Change | ||
23.7 NOK | 0.00% | +3.95% | -5.20% |
Feb. 29 | Edda Wind ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 | CI |
Feb. 29 | Transcript : Edda Wind ASA, Q4 2023 Earnings Call, Feb 29, 2024 |
Summary
- From a short-term investment perspective, the company presents a deteriorated fundamental situation
Strengths
- According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
- The earnings growth currently anticipated by analysts for the coming years is particularly strong.
- The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
- The company returns high margins, thereby supporting business profitability.
- The company's share price in relation to its net book value makes it look relatively cheap.
- Analysts covering this company mostly recommend stock overweighting or purchase.
- The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
- The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
- With a 2024 P/E ratio at 43.89 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
- The company's "enterprise value to sales" ratio is among the highest in the world.
- The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
- For the past year, analysts have significantly revised downwards their profit estimates.
- For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
- The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
- Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
- Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
Ratings chart - Surperformance
Sector: Marine Freight & Logistics
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-5.20% | 243M | - | ||
+23.70% | 31.28B | A- | ||
+60.00% | 29.77B | A- | ||
-6.63% | 25.64B | C | ||
+8.97% | 13.99B | B | ||
+10.49% | 11.84B | B- | ||
+27.34% | 11.73B | B | ||
+67.18% | 10.64B | B- | ||
+10.73% | 10.07B | B- | ||
-8.02% | 9.09B | A- |
Financials
Valuation
Momentum
Consensus
Business Predictability
Technical analysis
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- EWIND Stock
- Ratings Edda Wind ASA