Financials Etman International ASA

Equities

ETMA

NO0010130743

Electrical Components & Equipment

End-of-day quote Norwegian OTC 06:00:00 2024-04-17 pm EDT 5-day change 1st Jan Change
4 NOK 0.00% Intraday chart for Etman International ASA 0.00% 0.00%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 112.8 86.05 94.28 232.5 139.8 135.2
Enterprise Value (EV) 1 121.1 95.96 108.9 241.7 205.6 195
P/E ratio 7.23 x 4.24 x 5.82 x 10.7 x 7.69 x -83.7 x
Yield - - - - 1.67% -
Capitalization / Revenue 0.32 x 0.24 x 0.23 x 0.56 x 0.31 x 0.26 x
EV / Revenue 0.35 x 0.26 x 0.27 x 0.58 x 0.46 x 0.37 x
EV / EBITDA 5.12 x 3.5 x 3.8 x 6.2 x 9.32 x 15.5 x
EV / FCF -16.1 x -11.5 x 5.69 x 40 x -3.11 x -3.46 x
FCF Yield -6.22% -8.72% 17.6% 2.5% -32.1% -28.9%
Price to Book 0.83 x 0.56 x 0.57 x 1.23 x 0.68 x 0.65 x
Nbr of stocks (in thousands) 24,000 23,903 23,868 23,728 23,293 23,508
Reference price 2 4.700 3.600 3.950 9.800 6.000 5.750
Announcement Date 5/24/18 5/29/19 5/20/20 5/20/21 5/25/22 5/31/23
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 350.1 363 410.5 413.2 443.7 529.5
EBITDA 1 23.66 27.38 28.69 38.98 22.06 12.54
EBIT 1 19.24 22.46 23.42 32.2 14.22 3.103
Operating Margin 5.5% 6.19% 5.7% 7.79% 3.21% 0.59%
Earnings before Tax (EBT) 1 17.95 22.39 20.66 25.06 18.7 -4.792
Net income 1 15.53 20.29 16.11 21.39 18.34 -1.614
Net margin 4.44% 5.59% 3.92% 5.18% 4.13% -0.3%
EPS 2 0.6498 0.8499 0.6789 0.9181 0.7800 -0.0687
Free Cash Flow 1 -7.538 -8.366 19.14 6.035 -65.99 -56.34
FCF margin -2.15% -2.3% 4.66% 1.46% -14.87% -10.64%
FCF Conversion (EBITDA) - - 66.71% 15.48% - -
FCF Conversion (Net income) - - 118.81% 28.22% - -
Dividend per Share - - - - 0.1000 -
Announcement Date 5/24/18 5/29/19 5/20/20 5/20/21 5/25/22 5/31/23
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 8.32 9.91 14.6 9.13 65.8 59.8
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.3515 x 0.3619 x 0.5086 x 0.2342 x 2.983 x 4.769 x
Free Cash Flow 1 -7.54 -8.37 19.1 6.03 -66 -56.3
ROE (net income / shareholders' equity) 11.4% 13.6% 9.72% 12.4% 8.76% -0.95%
ROA (Net income/ Total Assets) 4.98% 5.41% 5.08% 6.34% 2.22% 0.41%
Assets 1 311.9 374.7 316.8 337.3 825.3 -392.4
Book Value Per Share 2 5.660 6.440 6.950 7.980 8.820 8.810
Cash Flow per Share 2 1.230 1.650 2.060 1.690 1.620 1.990
Capex 1 7.79 9.08 12.3 16.1 86.5 18.4
Capex / Sales 2.23% 2.5% 3% 3.9% 19.49% 3.48%
Announcement Date 5/24/18 5/29/19 5/20/20 5/20/21 5/25/22 5/31/23
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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