Financials Horisont Energi

Equities

HRGI

NO0010917339

Commodity Chemicals

Market Closed - Oslo Bors 10:45:00 2024-04-30 am EDT 5-day change 1st Jan Change
3.8 NOK +0.26% Intraday chart for Horisont Energi -1.30% -28.57%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 992.2 847.3 118.8
Enterprise Value (EV) 1 905.1 461.1 -73.61
P/E ratio -19 x -6.33 x -0.62 x
Yield - - -
Capitalization / Revenue - - 23,754,843 x
EV / Revenue - - -14,722,454 x
EV / EBITDA -17,496,285 x -3,214,168 x 362,866 x
EV / FCF -26,550,834 x -6,451,059 x 646,518 x
FCF Yield -0% -0% 0%
Price to Book 10.3 x 2.21 x 0.62 x
Nbr of stocks (in thousands) 15,850 22,326 22,326
Reference price 2 62.60 37.95 5.320
Announcement Date 4/20/22 4/20/23 3/21/24
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales - - - - 5
EBITDA - - -51.73 -143.4 -202.9
EBIT 1 -0.9309 -13.5 -52.98 -143.5 -203
Operating Margin - - - - -4,059.72%
Earnings before Tax (EBT) 1 -0.9308 -13.57 -52.31 -133.8 -193
Net income 1 -0.9308 -4.425 -52.3 -133.8 -193
Net margin - - - - -3,859.1%
EPS - -0.5988 -3.299 -5.992 -8.643
Free Cash Flow - -13.25 -34.09 -71.47 -113.9
FCF margin - - - - -2,277.19%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 3/31/21 3/31/21 4/20/22 4/20/23 3/21/24
1NOK in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 1 - - - - - -
EBITDA 1 - - -55.58 -76.24 -60.29 -41.68
EBIT 1 - -18.71 -56.05 -77.39 -61.45 -42.83
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 - -15.84 -51.94 -75.06 -58.71 -39.94
Net income 1 -31.02 -15.84 -51.94 -75.06 -58.71 -39.94
Net margin - - - - - -
EPS 2 - - -2.326 -3.362 -2.630 -1.789
Dividend per Share - - - - - -
Announcement Date 8/25/22 11/16/22 4/20/23 5/16/23 8/23/23 11/15/23
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 0.06 5.26 - - -
Net Cash position 1 - - 87.2 386 192
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - -13.3 -34.1 -71.5 -114
ROE (net income / shareholders' equity) - 1,040% -110% -55.8% -67.2%
ROA (Net income/ Total Assets) - -154% -43.1% -30.5% -36%
Assets 1 - 2.88 121.3 438.8 535.9
Book Value Per Share - -0.0900 6.050 17.20 8.580
Cash Flow per Share - 0.3300 5.780 17.60 8.980
Capex - - - 0.55 -
Capex / Sales - - - - -
Announcement Date 3/31/21 3/31/21 4/20/22 4/20/23 3/21/24
1NOK in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
3.8 NOK
Average target price
14 NOK
Spread / Average Target
+268.42%
Consensus
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