Financials Morrow Bank ASA

Equities

KOMP

NO0010694029

Banks

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
4.3 NOK +2.63% Intraday chart for Morrow Bank ASA +3.61% +10.26%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,298 1,680 1,447 900.5 894.5 987.6 -
Enterprise Value (EV) 1 2,298 1,680 1,447 900.5 894.5 987.6 987.6
P/E ratio 11.2 x 6.72 x -6.9 x -68.6 x 6.29 x 6.82 x 5.07 x
Yield - 7.78% - - - - 11.6%
Capitalization / Revenue 1.78 x 1.48 x 1.65 x 1.12 x 0.85 x 0.91 x 0.85 x
EV / Revenue 1.78 x 1.48 x 1.65 x 1.12 x 0.85 x 0.91 x 0.85 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.27 x 0.82 x 0.82 x 0.51 x 0.39 x 0.44 x 0.41 x
Nbr of stocks (in thousands) 184,120 186,614 187,137 187,594 229,364 229,665 -
Reference price 2 12.48 9.000 7.730 4.800 3.900 4.300 4.300
Announcement Date 2/12/20 2/11/21 2/10/22 2/14/23 2/14/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,288 1,138 876.4 800.9 1,054 1,086 1,157
EBITDA - - - - - - -
EBIT 1 - 712.8 461 - 733 795 863
Operating Margin - 62.63% 52.6% - 69.55% 73.18% 74.59%
Earnings before Tax (EBT) 1 279.6 348.5 -278.1 1.6 206.4 230.5 296
Net income 1 202.9 253.5 -208.7 -13.8 151.9 144.5 194.3
Net margin 15.76% 22.27% -23.81% -1.72% 14.41% 13.3% 16.79%
EPS 2 1.110 1.340 -1.120 -0.0700 0.6200 0.6308 0.8480
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - 0.7000 - - - - 0.5000
Announcement Date 2/12/20 2/11/21 2/10/22 2/14/23 2/14/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

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
Net sales 1 -60 218.4 196.8 195.1 188.7 220.3 235 268.8 264.4 286.1 265 267 276 279
EBITDA - - - - - - - - - - - - - -
EBIT 1 -165.5 115.2 92.2 91.1 - - 153.4 186.1 - 206 193 197 200 205
Operating Margin 275.83% 52.75% 46.85% 46.69% - - 65.28% 69.23% - 72% 72.83% 73.78% 72.46% 73.48%
Earnings before Tax (EBT) 1 -474 45 47.1 48.4 24 -118 53.1 55 47.6 50.6 56.37 57.7 57.12 59.35
Net income 1 -355.6 34.3 35.3 32.7 18 -88.7 40 41.2 35.7 35.1 35.17 36.21 35.71 37.43
Net margin 592.67% 15.71% 17.94% 16.76% 9.54% -40.26% 17.02% 15.33% 13.5% 12.27% 13.27% 13.56% 12.94% 13.42%
EPS 2 -1.920 0.1700 0.1700 0.1700 0.0800 -0.5000 0.1800 0.1700 0.1400 0.1300 0.1535 0.1580 0.1559 0.1634
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 10/28/21 2/10/22 5/12/22 8/9/22 10/27/22 2/14/23 4/25/23 8/9/23 10/25/23 2/14/24 - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 12% 13.6% -9.78% -0.8% 7.18% 6.74% 8.4%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 9.800 11.00 9.430 9.350 9.940 9.670 10.50
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/12/20 2/11/21 2/10/22 2/14/23 2/14/24 - -
1NOK in Million2NOK
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
4.3 NOK
Average target price
6 NOK
Spread / Average Target
+39.53%
Consensus
  1. Stock Market
  2. Equities
  3. KOMP Stock
  4. Financials Morrow Bank ASA