Financials ECIT

Equities

ECIT

NO0010939804

Personal Services

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
6.8 NOK -0.29% Intraday chart for ECIT -2.58% -12.82%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,568 3,313 3,607
Enterprise Value (EV) 1 3,756 3,722 4,317
P/E ratio 68.1 x 32 x 32.5 x
Yield 0.5% 0.54% 0.77%
Capitalization / Revenue 1.5 x 1.17 x 1.05 x
EV / Revenue 1.58 x 1.32 x 1.26 x
EV / EBITDA 15.7 x 12.2 x 11.9 x
EV / FCF 30,323,124 x 16,042,464 x 13,454,741 x
FCF Yield 0% 0% 0%
Price to Book 2.97 x 2.58 x 2.56 x
Nbr of stocks (in thousands) 446,035 450,116 462,473
Reference price 2 8.000 7.360 7.800
Announcement Date 3/25/22 3/14/23 2/28/24
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,067 1,346 1,829 2,383 2,826 3,438
EBITDA 1 93.49 116.7 174.6 240 304 362
EBIT 1 55.56 63.16 120.4 173 229 267
Operating Margin 5.21% 4.69% 6.59% 7.26% 8.1% 7.77%
Earnings before Tax (EBT) 1 67.66 58.68 164.1 150 229 227
Net income 1 52.78 41.39 121.2 49 105 110
Net margin 4.95% 3.08% 6.63% 2.06% 3.72% 3.2%
EPS 2 0.1534 0.1124 0.3178 0.1176 0.2300 0.2400
Free Cash Flow - 12.74 283.3 123.9 232 320.9
FCF margin - 0.95% 15.49% 5.2% 8.21% 9.33%
FCF Conversion (EBITDA) - 10.91% 162.24% 51.61% 76.32% 88.64%
FCF Conversion (Net income) - 30.77% 233.7% 252.81% 220.95% 291.7%
Dividend per Share - - 0.1600 0.0400 0.0400 0.0600
Announcement Date 5/19/21 5/19/21 5/19/21 3/25/22 3/14/23 2/28/24
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 67.4 119 188 409 710
Net Cash position 1 118 - - - - -
Leverage (Debt/EBITDA) - 0.5777 x 0.6822 x 0.7833 x 1.345 x 1.961 x
Free Cash Flow - 12.7 283 124 232 321
ROE (net income / shareholders' equity) - 4.79% 13% 9.85% 11.4% 9.84%
ROA (Net income/ Total Assets) - 2.79% 4.07% 4.62% 5.09% 4.9%
Assets 1 - 1,481 2,977 1,061 2,062 2,246
Book Value Per Share 2 2.160 2.070 2.110 2.690 2.850 3.050
Cash Flow per Share - - - 0.5900 0.4000 0.4200
Capex 1 26.3 30.9 20.6 20 20 26
Capex / Sales 2.46% 2.29% 1.13% 0.84% 0.71% 0.76%
Announcement Date 5/19/21 5/19/21 5/19/21 3/25/22 3/14/23 2/28/24
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA