Financials HitecVision

Equities

HITV

NO0010272503

Investment Management & Fund Operators

End-of-day quote Norwegian OTC 06:00:00 2024-04-21 pm EDT 5-day change 1st Jan Change
230 NOK +4.55% Intraday chart for HitecVision +4.55% +15.00%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,176 1,423 1,517 1,517 2,845 3,224
Enterprise Value (EV) 1 1,139 1,372 1,385 1,458 2,898 2,709
P/E ratio 10.9 x 9.2 x 10.8 x 25.4 x 18.5 x 3.78 x
Yield - - - 2.41% 1.67% -
Capitalization / Revenue 3.48 x 3.65 x 3.9 x 5.06 x 6.96 x 2.66 x
EV / Revenue 3.37 x 3.52 x 3.56 x 4.86 x 7.09 x 2.23 x
EV / EBITDA 9.32 x 8.43 x 9.52 x 20.9 x 17.9 x 3.13 x
EV / FCF 17.1 x 33.4 x 9.4 x 34.1 x 55.9 x 2.22 x
FCF Yield 5.86% 3% 10.6% 2.93% 1.79% 45.1%
Price to Book 2.24 x 2.42 x 2.35 x 2.25 x 4.04 x 5.15 x
Nbr of stocks (in thousands) 18,967 18,967 18,967 18,967 18,967 18,967
Reference price 2 62.00 75.00 80.00 80.00 150.0 170.0
Announcement Date 3/22/18 3/21/19 6/11/20 4/19/21 3/31/22 3/23/23
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 337.7 389.3 389.4 300.1 408.7 1,213
EBITDA 1 122.3 162.7 145.6 69.69 162 864.7
EBIT 1 118.4 159.7 143.2 66.63 158.4 861.2
Operating Margin 35.06% 41.02% 36.76% 22.2% 38.76% 71%
Earnings before Tax (EBT) 1 118.5 159.1 144.7 65.4 157.9 862.1
Net income 1 108.2 154.7 140.1 59.81 154 853.6
Net margin 32.03% 39.73% 35.97% 19.93% 37.67% 70.38%
EPS 2 5.703 8.156 7.386 3.153 8.117 45.01
Free Cash Flow 1 66.8 41.11 147.4 42.72 51.86 1,221
FCF margin 19.78% 10.56% 37.85% 14.24% 12.69% 100.64%
FCF Conversion (EBITDA) 54.64% 25.27% 101.27% 61.31% 32.02% 141.16%
FCF Conversion (Net income) 61.75% 26.58% 105.23% 71.44% 33.68% 142.99%
Dividend per Share - - - 1.930 2.500 -
Announcement Date 3/22/18 3/21/19 6/11/20 4/19/21 3/31/22 3/23/23
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - 53 -
Net Cash position 1 36.7 50.7 132 59.8 - 516
Leverage (Debt/EBITDA) - - - - 0.3273 x -
Free Cash Flow 1 66.8 41.1 147 42.7 51.9 1,221
ROE (net income / shareholders' equity) 22.3% 27.8% 22.7% 9.05% 22.3% 128%
ROA (Net income/ Total Assets) 13.4% 14.9% 11.8% 5.41% 12% 43.3%
Assets 1 808.8 1,038 1,184 1,105 1,287 1,972
Book Value Per Share 2 27.70 31.00 34.10 35.60 37.10 33.00
Cash Flow per Share 2 2.730 2.760 6.960 3.150 2.470 27.20
Capex 1 1.22 0.37 6.74 5.3 1.54 6.21
Capex / Sales 0.36% 0.1% 1.73% 1.76% 0.38% 0.51%
Announcement Date 3/22/18 3/21/19 6/11/20 4/19/21 3/31/22 3/23/23
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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