Market Closed -
Oslo Bors
10:45:00 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
68.7
NOK
|
-1.15%
|
|
-12.82%
|
-10.49%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,571
|
8,218
|
11,348
|
11,055
|
12,360
|
11,064
|
-
|
-
|
Enterprise Value (EV)
1 |
8,663
|
10,997
|
13,787
|
13,696
|
15,399
|
13,598
|
13,666
|
11,064
|
P/E ratio
|
14.9
x
|
10.5
x
|
10.5
x
|
10.8
x
|
13.6
x
|
12.8
x
|
11.2
x
|
10.1
x
|
Yield
|
5.65%
|
5.28%
|
3.55%
|
4.01%
|
4.23%
|
4.68%
|
4.94%
|
5.39%
|
Capitalization / Revenue
|
0.89
x
|
1.03
x
|
1.31
x
|
1.23
x
|
1.31
x
|
1.12
x
|
1.07
x
|
1.04
x
|
EV / Revenue
|
1.39
x
|
1.37
x
|
1.59
x
|
1.52
x
|
1.63
x
|
1.37
x
|
1.33
x
|
1.04
x
|
EV / EBITDA
|
7.65
x
|
6.29
x
|
6.62
x
|
6.68
x
|
7.82
x
|
6.81
x
|
6.31
x
|
4.82
x
|
EV / FCF
|
9.93
x
|
6.87
x
|
9.44
x
|
12.4
x
|
9.46
x
|
10.2
x
|
8.64
x
|
6.46
x
|
FCF Yield
|
10.1%
|
14.6%
|
10.6%
|
8.07%
|
10.6%
|
9.78%
|
11.6%
|
15.5%
|
Price to Book
|
2.89
x
|
3.85
x
|
4.33
x
|
3.73
x
|
3.47
x
|
2.85
x
|
2.6
x
|
2.15
x
|
Nbr of stocks (in thousands)
|
161,469
|
160,819
|
160,972
|
161,031
|
161,047
|
161,047
|
-
|
-
|
Reference price
2 |
34.50
|
51.10
|
70.50
|
68.65
|
76.75
|
68.70
|
68.70
|
68.70
|
Announcement Date
|
1/30/20
|
2/4/21
|
2/3/22
|
2/3/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,234
|
8,013
|
8,649
|
9,016
|
9,467
|
9,901
|
10,294
|
10,619
|
EBITDA
1 |
1,133
|
1,748
|
2,084
|
2,051
|
1,970
|
1,996
|
2,164
|
2,294
|
EBIT
1 |
578.6
|
1,166
|
1,513
|
1,440
|
1,295
|
1,304
|
1,450
|
1,594
|
Operating Margin
|
9.28%
|
14.55%
|
17.49%
|
15.98%
|
13.68%
|
13.17%
|
14.09%
|
15.01%
|
Earnings before Tax (EBT)
1 |
480.4
|
1,029
|
1,414
|
1,337
|
1,152
|
1,149
|
1,310
|
1,470
|
Net income
1 |
375.3
|
803.3
|
1,079
|
1,022
|
908.2
|
914.4
|
1,021
|
1,166
|
Net margin
|
6.02%
|
10.03%
|
12.48%
|
11.33%
|
9.59%
|
9.24%
|
9.92%
|
10.98%
|
EPS
2 |
2.320
|
4.861
|
6.710
|
6.350
|
5.640
|
5.385
|
6.142
|
6.825
|
Free Cash Flow
1 |
872.8
|
1,601
|
1,461
|
1,105
|
1,627
|
1,330
|
1,581
|
1,713
|
FCF margin
|
14%
|
19.98%
|
16.89%
|
12.26%
|
17.19%
|
13.43%
|
15.36%
|
16.13%
|
FCF Conversion (EBITDA)
|
77.03%
|
91.58%
|
70.11%
|
53.88%
|
82.6%
|
66.62%
|
73.04%
|
74.67%
|
FCF Conversion (Net income)
|
232.53%
|
199.28%
|
135.35%
|
108.14%
|
179.18%
|
145.45%
|
154.89%
|
146.88%
|
Dividend per Share
2 |
1.950
|
2.700
|
2.500
|
2.750
|
3.250
|
3.217
|
3.391
|
3.705
|
Announcement Date
|
1/30/20
|
2/4/21
|
2/3/22
|
2/3/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,994
|
2,841
|
1,716
|
2,216
|
2,050
|
3,034
|
1,933
|
2,310
|
2,152
|
3,072
|
2,039
|
2,390
|
2,234
|
3,236
|
-
|
EBITDA
1 |
430
|
826
|
278
|
589
|
425
|
760
|
311
|
531
|
404
|
723
|
281
|
515
|
380
|
777
|
-
|
EBIT
1 |
286.1
|
681.1
|
126.4
|
437.9
|
271.6
|
604.4
|
145.2
|
362.2
|
234
|
553.6
|
107
|
331
|
198
|
616.5
|
130
|
Operating Margin
|
14.35%
|
23.98%
|
7.37%
|
19.76%
|
13.25%
|
19.92%
|
7.51%
|
15.68%
|
10.87%
|
18.02%
|
5.25%
|
13.85%
|
8.86%
|
19.05%
|
-
|
Earnings before Tax (EBT)
|
262.5
|
653
|
116.3
|
418.8
|
240.2
|
561.6
|
93.52
|
332.3
|
185
|
541.2
|
-
|
278
|
146
|
587
|
87
|
Net income
1 |
205
|
488.8
|
88
|
325.3
|
186.7
|
422.1
|
71.01
|
259.8
|
144
|
433.8
|
78.53
|
251.1
|
153.8
|
459.7
|
107.3
|
Net margin
|
10.28%
|
17.21%
|
5.13%
|
14.68%
|
9.11%
|
13.91%
|
3.67%
|
11.25%
|
6.69%
|
14.12%
|
3.85%
|
10.5%
|
6.88%
|
14.21%
|
-
|
EPS
2 |
1.270
|
3.040
|
0.5500
|
2.020
|
1.160
|
2.620
|
0.4400
|
1.610
|
0.8900
|
2.690
|
0.2800
|
1.380
|
0.7600
|
2.660
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/4/21
|
2/3/22
|
4/28/22
|
7/14/22
|
11/3/22
|
2/3/23
|
4/26/23
|
7/13/23
|
11/2/23
|
2/1/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,092
|
2,779
|
2,439
|
2,641
|
3,039
|
2,534
|
2,602
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.729
x
|
1.59
x
|
1.17
x
|
1.288
x
|
1.543
x
|
1.269
x
|
1.202
x
|
-
|
Free Cash Flow
1 |
873
|
1,601
|
1,461
|
1,105
|
1,627
|
1,330
|
1,581
|
1,713
|
ROE (net income / shareholders' equity)
|
19.9%
|
38.3%
|
44.7%
|
36.6%
|
27.9%
|
24.1%
|
25.3%
|
24.3%
|
ROA (Net income/ Total Assets)
|
6.22%
|
11%
|
13.6%
|
11.4%
|
9.8%
|
9.2%
|
9.4%
|
-
|
Assets
1 |
6,037
|
7,297
|
7,957
|
8,932
|
9,269
|
9,935
|
10,859
|
-
|
Book Value Per Share
2 |
11.90
|
13.30
|
16.30
|
18.40
|
22.10
|
24.10
|
26.40
|
31.90
|
Cash Flow per Share
|
6.380
|
10.60
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
157
|
104
|
131
|
143
|
142
|
158
|
89.3
|
70
|
Capex / Sales
|
2.52%
|
1.3%
|
1.51%
|
1.58%
|
1.5%
|
1.59%
|
0.87%
|
0.66%
|
Announcement Date
|
1/30/20
|
2/4/21
|
2/3/22
|
2/3/23
|
2/1/24
|
-
|
-
|
-
|
Last Close Price
68.7
NOK Average target price
80.33
NOK Spread / Average Target +16.93% Consensus |