Financials Maritime & Merchant Bank ASA

Equities

MMBANK

NO0012939778

Investment Banking & Brokerage Services

End-of-day quote Norwegian OTC 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
13 NOK +4.00% Intraday chart for Maritime & Merchant Bank ASA +4.00% +9.24%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 99.65 101.5 70.29 90.35 79.6 89.06
Enterprise Value (EV) 1 42.17 39.92 51.28 -4.535 25.69 30.24
P/E ratio -296 x 12.6 x 13.4 x 17.7 x 11.1 x 6.9 x
Yield - - 2.09% 1.69% 5.02% 5.78%
Capitalization / Revenue 10.2 x 5.48 x 5.22 x 5.56 x 3.67 x 3.26 x
EV / Revenue 4.32 x 2.16 x 3.81 x -0.28 x 1.19 x 1.11 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.13 x 0.94 x 0.62 x 0.77 x 0.65 x 0.68 x
Nbr of stocks (in thousands) 72,523 81,700 81,700 81,700 81,700 81,700
Reference price 2 1.374 1.242 0.8603 1.106 0.9743 1.090
Announcement Date 2/14/19 2/14/20 2/18/21 2/14/22 6/6/23 2/13/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 9.758 18.51 13.46 16.26 21.67 27.32
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 1.25 11.06 5.932 7.95 13.63 18.57
Net income 1 -0.3369 8.077 5.233 5.093 7.189 12.9
Net margin -3.45% 43.64% 38.87% 31.33% 33.17% 47.23%
EPS 2 -0.004645 0.0989 0.0640 0.0623 0.0880 0.1579
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.0180 0.0187 0.0489 0.0630
Announcement Date 2/14/19 2/14/20 2/18/21 2/14/22 6/6/23 2/13/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 57.5 61.6 19 94.9 53.9 58.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) -0.46% 8.23% 4.72% 4.42% 6% 10.1%
ROA (Net income/ Total Assets) -0.1% 1.68% 0.98% 0.94% 1.28% 2.3%
Assets 1 347 479.6 531.5 543.6 559.5 560.9
Book Value Per Share 2 1.210 1.320 1.390 1.430 1.500 1.610
Cash Flow per Share 2 0.9200 0.8600 0.7000 1.210 0.8500 0.8100
Capex 1 0.72 0.05 0.03 - 0 0.07
Capex / Sales 7.34% 0.29% 0.2% - 0.02% 0.26%
Announcement Date 2/14/19 2/14/20 2/18/21 2/14/22 6/6/23 2/13/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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