GRAM CAR CARRIERS ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 257.5 NOK | -3.01% |
|
+23.50% | +23.80% |
| Apr. 24 | Gram Car Carriers ASA Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| Apr. 24 | MSC Group Unit to Launch NOK7.6 Billion Takeover Bid for Gram Car Carriers | MT |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 484.6 | 593.1 | 675.8 | - | - |
| Enterprise Value (EV) 1 | 793.7 | 831 | 809 | 780.6 | 731.7 |
| P/E ratio | 19.9 x | 6.58 x | 4.31 x | 5.56 x | 5.66 x |
| Yield | 2.47% | 11.3% | 17.6% | 13.6% | 10.3% |
| Capitalization / Revenue | 4.01 x | 2.95 x | 3.03 x | 3.02 x | 3.11 x |
| EV / Revenue | 6.56 x | 4.14 x | 3.63 x | 3.49 x | 3.36 x |
| EV / EBITDA | 11.2 x | 5.82 x | 4.8 x | 4.6 x | 4.47 x |
| EV / FCF | -23.5 x | 5.66 x | 5.32 x | 5.09 x | 4.8 x |
| FCF Yield | -4.25% | 17.7% | 18.8% | 19.7% | 20.8% |
| Price to Book | 1.99 x | 2.04 x | 2.1 x | 1.91 x | 1.69 x |
| Nbr of stocks (in thousands) | 29,285 | 28,985 | 28,985 | - | - |
| Reference price 2 | 16.55 | 20.46 | 23.32 | 23.32 | 23.32 |
| Announcement Date | 2/9/23 | 1/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 4.367 | 121 | 200.9 | 222.9 | 223.7 | 217.6 |
| EBITDA 1 | - | 70.6 | 142.7 | 168.4 | 169.8 | 163.7 |
| EBIT 1 | 0.47 | 43.13 | 110.9 | 151.6 | 137.8 | 131.7 |
| Operating Margin | 10.76% | 35.65% | 55.17% | 68.01% | 61.58% | 60.53% |
| Earnings before Tax (EBT) 1 | 0.281 | 23.88 | 94.04 | 159.5 | 122.5 | 120.1 |
| Net income 1 | 0.281 | 23.88 | 94.02 | 159.4 | 122.4 | 120.2 |
| Net margin | 6.43% | 19.74% | 46.79% | 71.48% | 54.7% | 55.24% |
| EPS 2 | 0.0300 | 0.8300 | 3.110 | 5.414 | 4.195 | 4.119 |
| Free Cash Flow 1 | - | -33.76 | 146.9 | 152 | 153.5 | 152.5 |
| FCF margin | - | -27.9% | 73.12% | 68.18% | 68.62% | 70.08% |
| FCF Conversion (EBITDA) | - | - | 102.96% | 90.25% | 90.38% | 93.17% |
| FCF Conversion (Net income) | - | - | 156.27% | 95.38% | 125.45% | 126.88% |
| Dividend per Share 2 | - | 0.4080 | 2.318 | 4.093 | 3.172 | 2.404 |
| Announcement Date | 4/27/22 | 2/9/23 | 1/15/24 | - | - | - |
1USD in Million2USD
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 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 22.06 | 23.5 | 27.74 | 31.45 | 38.25 | 41.1 | 48.4 | 54.9 | 56.43 | 54.85 | 55.72 | 56.33 | 56.33 |
| EBITDA 1 | 4.21 | 12.7 | 16.16 | 18.79 | 22.95 | 27.7 | 32.9 | 40.5 | 41.62 | 40.83 | 41.41 | 42.82 | 42.76 |
| EBIT 1 | 2.28 | 5.9 | 9.295 | 11.89 | 16.04 | 20.1 | 25.1 | 32.34 | 33.32 | 38.63 | 69.89 | 34.7 | 34.64 |
| Operating Margin | 10.34% | 25.11% | 33.51% | 37.8% | 41.93% | 48.91% | 51.86% | 58.92% | 59.04% | 70.43% | 125.42% | 61.6% | 61.49% |
| Earnings before Tax (EBT) 1 | -2.99 | 2.081 | 5.348 | 6.521 | 9.928 | 13.12 | 18.14 | 24.93 | 37.84 | 31.25 | 64.72 | 29.69 | 29.78 |
| Net income 1 | -0.76 | 2.1 | 5.348 | 6.521 | 9.928 | 13.1 | 18.1 | 24.9 | 37.83 | 31.25 | 64.72 | 29.69 | 29.78 |
| Net margin | -3.45% | 8.94% | 19.28% | 20.73% | 25.96% | 31.87% | 37.4% | 45.36% | 67.03% | 56.97% | 116.15% | 52.7% | 52.86% |
| EPS 2 | -0.0800 | 0.0700 | 0.1900 | 0.2300 | 0.3400 | 0.4500 | 0.6200 | 0.8600 | 1.250 | 1.060 | 2.210 | 1.014 | 1.017 |
| Dividend per Share 2 | - | 0.0360 | 0.0930 | 0.1100 | 0.1690 | 0.2240 | 0.4700 | 0.6450 | 0.9790 | - | 1.666 | 0.7693 | 0.7716 |
| Announcement Date | 4/27/22 | 4/28/22 | 8/19/22 | 11/4/22 | 2/9/23 | 4/21/23 | 8/15/23 | 11/3/23 | 1/15/24 | 4/24/24 | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 309 | 238 | 133 | 105 | 55.8 |
| Net Cash position 1 | 0.97 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 4.38 x | 1.667 x | 0.7907 x | 0.6172 x | 0.3412 x |
| Free Cash Flow 1 | - | -33.8 | 147 | 152 | 154 | 153 |
| ROE (net income / shareholders' equity) | - | 14.8% | 35.2% | 51.8% | 36% | 31.7% |
| ROA (Net income/ Total Assets) | - | 4.32% | 15.2% | 26% | 21.8% | 17.3% |
| Assets 1 | - | 552.2 | 620.1 | 611.8 | 560.3 | 696.3 |
| Book Value Per Share 2 | 0.0800 | 8.310 | 10.00 | 11.10 | 12.20 | 13.80 |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex | 0.02 | 113 | 9.96 | - | 8 | 5 |
| Capex / Sales | 0.34% | 93.72% | 4.96% | - | 3.58% | 2.3% |
| Announcement Date | 4/27/22 | 2/9/23 | 1/15/24 | - | - | - |
1USD in Million2USD
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
HOLD
Number of Analysts
3
Last Close Price
23.32
USD
Average target price
24.36
USD
Spread / Average Target
+4.46%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +23.80% | 676M | |
| +30.31% | 12.25B | |
| +21.24% | 4.13B | |
| +36.60% | 4B | |
| +16.23% | 2.8B | |
| -15.05% | 1.89B | |
| +18.10% | 1.88B | |
| +16.21% | 1.85B | |
| +0.95% | 1.66B | |
| +33.94% | 1.59B |
- Stock Market
- Equities
- GCC Stock
- Financials Gram Car Carriers ASA
