PHOTOCURE ASA |
Real-time
Other stock markets
|
5-day change | 1st Jan Change | ||
| 58.9 NOK | -0.51% |
|
-2.16% | -12.61% |
| May. 15 | Transcript : Photocure ASA, Q1 2024 Earnings Call, May 15, 2024 | |
| May. 15 | Photocure ASA Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,963 | 2,846 | 2,769 | 2,895 | 1,827 | 1,605 | - | - |
| Enterprise Value (EV) 1 | 1,837 | 2,562 | 2,483 | 2,639 | 1,567 | 1,321 | 1,269 | 1,134 |
| P/E ratio | 61.3 x | -117 x | -89.3 x | -40.2 x | 6,740 x | -2,843 x | 31.3 x | 13.2 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 6.97 x | 11.1 x | 7.68 x | 7.73 x | 4.09 x | 3.23 x | 2.7 x | 2.27 x |
| EV / Revenue | 6.53 x | 9.99 x | 6.89 x | 7.05 x | 3.51 x | 2.65 x | 2.13 x | 1.61 x |
| EV / EBITDA | 31.2 x | -655 x | 136 x | -107 x | 28.2 x | 31.6 x | 11.2 x | 5.7 x |
| EV / FCF | - | -16.9 x | 113 x | -469 x | 35.4 x | -377 x | 21.7 x | 11.5 x |
| FCF Yield | - | -5.9% | 0.89% | -0.21% | 2.82% | -0.27% | 4.61% | 8.69% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 21,930 | 26,702 | 26,960 | 27,106 | 27,106 | 27,106 | - | - |
| Reference price 2 | 89.50 | 106.6 | 102.7 | 106.8 | 67.40 | 59.20 | 59.20 | 59.20 |
| Announcement Date | 2/27/20 | 3/3/21 | 2/23/22 | 2/23/23 | 2/21/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 281.6 | 256.5 | 360.5 | 374.5 | 446.2 | 497.5 | 595.4 | 706 |
| EBITDA 1 | 58.95 | -3.912 | 18.3 | -24.63 | 55.49 | 41.74 | 112.8 | 199 |
| EBIT 1 | 42.74 | -23.2 | -5.826 | -49 | 27.81 | 23.09 | 82.14 | 166 |
| Operating Margin | 15.18% | -9.05% | -1.62% | -13.09% | 6.23% | 4.64% | 13.8% | 23.51% |
| Earnings before Tax (EBT) 1 | 45.9 | -33.23 | -31.66 | -71.13 | 9.738 | 5.211 | 65.14 | 156 |
| Net income 1 | 31.83 | -22.4 | -30.9 | -71.86 | 0.267 | -0.5907 | 51.05 | 122 |
| Net margin | 11.31% | -8.73% | -8.57% | -19.19% | 0.06% | -0.12% | 8.57% | 17.28% |
| EPS 2 | 1.460 | -0.9100 | -1.150 | -2.660 | 0.0100 | -0.0208 | 1.890 | 4.490 |
| Free Cash Flow 1 | - | -151.2 | 21.99 | -5.627 | 44.25 | -3.5 | 58.5 | 98.5 |
| FCF margin | - | -58.95% | 6.1% | -1.5% | 9.92% | -0.7% | 9.83% | 13.95% |
| FCF Conversion (EBITDA) | - | - | 120.16% | - | 79.74% | - | 51.87% | 49.5% |
| FCF Conversion (Net income) | - | - | - | - | 16,573.78% | - | 114.59% | 80.74% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/27/20 | 3/3/21 | 2/23/22 | 2/23/23 | 2/21/24 | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 94.52 | 81.6 | 100.6 | 106.8 | 94.94 | 106.2 | 144.3 | 107.5 | 115 | 118 | 120 |
| EBITDA 1 | -5.469 | -13.88 | 1.4 | 4.7 | -16.87 | -1.2 | 23.39 | 3.339 | 29.92 | 7.9 | 9 |
| EBIT 1 | -11.5 | -19.88 | -4.6 | -1.4 | -23.1 | -7.7 | 16.84 | -3.852 | 22.48 | 0.746 | 23 |
| Operating Margin | -12.17% | -24.36% | -4.57% | -1.31% | -24.33% | -7.25% | 11.67% | -3.58% | 19.54% | 0.63% | 19.17% |
| Earnings before Tax (EBT) 1 | -33.03 | -27.26 | -9.053 | -6.262 | -28.56 | -10.1 | 11.96 | -8.666 | 16.55 | -4.006 | 18 |
| Net income 1 | -28.15 | -21.98 | -18.46 | -9.932 | -21.48 | -11.7 | 4.311 | -4.788 | 12.48 | -7.889 | 14 |
| Net margin | -29.78% | -26.94% | -18.35% | -9.3% | -22.63% | -11.02% | 2.99% | -4.45% | 10.85% | -6.68% | 11.67% |
| EPS | -1.050 | -0.8200 | -0.6800 | -0.3700 | -0.7900 | -0.4300 | 0.1600 | -0.1800 | 0.4600 | -0.2900 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 5/11/22 | 8/10/22 | 11/2/22 | 2/23/23 | 5/10/23 | 8/9/23 | 11/8/23 | 2/21/24 | 5/15/24 | - |
1NOK in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 125 | 285 | 285 | 256 | 260 | 284 | 336 | 471 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -151 | 22 | -5.63 | 44.3 | -3.5 | 58.5 | 98.5 |
| ROE (net income / shareholders' equity) | 16.5% | -6.25% | -6.11% | -14.9% | 0.06% | - | 11.9% | 26.7% |
| ROA (Net income/ Total Assets) | - | -4.34% | -3.95% | - | 0.04% | - | - | - |
| Assets 1 | - | 516.7 | 782.8 | - | 715.8 | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | - | 167 | 3.7 | 3.61 | 4.06 | 2 | 2.5 | 2.5 |
| Capex / Sales | - | 65.03% | 1.03% | 0.96% | 0.91% | 0.4% | 0.42% | 0.35% |
| Announcement Date | 2/27/20 | 3/3/21 | 2/23/22 | 2/23/23 | 2/21/24 | - | - | - |
1NOK in Million
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
59.2
NOK
Average target price
86
NOK
Spread / Average Target
+45.27%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -12.61% | 150M | |
| +37.78% | 723B | |
| +31.13% | 598B | |
| -3.51% | 364B | |
| +19.94% | 331B | |
| +5.14% | 288B | |
| +16.51% | 244B | |
| -4.62% | 208B | |
| +10.04% | 210B | |
| +9.32% | 169B |
- Stock Market
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- PHO Stock
- Financials Photocure ASA
