Financials Nordic Aqua Partners A/S

Equities

NOAP

NO0012928805

Fishing & Farming

Real-time Oslo Bors 03:52:46 2024-04-29 am EDT 5-day change 1st Jan Change
138 NOK +0.73% Intraday chart for Nordic Aqua Partners A/S +1.47% +67.27%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 641.1 499.3 431.1 893.7 1,415 - -
Enterprise Value (EV) 1 641.1 499.3 338 893.7 1,494 1,532 2,045
P/E ratio -7.17 x -18.2 x - - -114 x 52 x 28.8 x
Yield - - - - - - -
Capitalization / Revenue - - - - 6.39 x 5.53 x 4.15 x
EV / Revenue - - - - 6.75 x 5.98 x 6 x
EV / EBITDA - -28.4 x -12.3 x -30.1 x 35.7 x 20 x 17.3 x
EV / FCF - - - - -11.8 x -5.71 x -4.22 x
FCF Yield - - - - -8.49% -17.5% -23.7%
Price to Book - - - - 2.65 x 2.06 x 1.93 x
Nbr of stocks (in thousands) 10,284 10,284 10,284 16,334 16,334 - -
Reference price 2 62.34 48.55 41.92 54.71 86.63 86.63 86.63
Announcement Date 3/17/21 5/4/22 2/7/23 2/21/24 - - -
1DKK in Million2DKK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - - - - 221.3 256.1 340.7
EBITDA 1 - -17.59 -27.53 -29.68 41.87 76.65 118
EBIT 1 - -17.75 -28.05 -49 17.59 56.22 88.99
Operating Margin - - - - 7.95% 21.95% 26.12%
Earnings before Tax (EBT) 1 - -27.5 -40.76 -61.33 -7.771 43.23 87.5
Net income 1 -25.51 -27.5 -40.76 -61.33 -12.44 33.67 60.01
Net margin - - - - -5.62% 13.15% 17.61%
EPS 2 -8.700 -2.670 - - -0.7620 1.667 3.013
Free Cash Flow 1 - - - - -126.8 -268.5 -484.8
FCF margin - - - - -57.28% -104.83% -142.29%
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - - - - - -
Announcement Date 3/17/21 5/4/22 2/7/23 2/21/24 - - -
1DKK in Million2DKK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S2 2022 Q3 2022 Q4 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - - - - - - 80.48 64.84 76.01
EBITDA 1 - - - - -10.75 -16.27 31.03 10.44 16.67
EBIT 1 -10.22 - -7.622 - -19.15 -19.16 24.54 3.311 8.89
Operating Margin - - - - - - 30.5% 5.11% 11.7%
Earnings before Tax (EBT) 1 - - - - -29.69 -25.5 18.2 -3.028 2.551
Net income 1 - -9.673 - 0.423 -29.69 -25.5 14.11 -3.028 1.977
Net margin - - - - - - 17.53% -4.67% 2.6%
EPS 2 - -0.9400 - 0.0400 - -1.561 0.8640 -0.1850 0.1210
Dividend per Share - - - - - - - - -
Announcement Date 5/4/22 12/1/22 2/7/23 11/22/23 2/21/24 - - - -
1DKK in Million2DKK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - 78.9 117 630
Net Cash position 1 - - 93.1 - - - -
Leverage (Debt/EBITDA) - - - - 1.885 x 1.521 x 5.337 x
Free Cash Flow 1 - - - - -127 -268 -485
ROE (net income / shareholders' equity) - - -10.8% -13.5% - 5.07% 6.93%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 - - - - 32.70 42.00 45.00
Cash Flow per Share - - - - - - -
Capex 1 - - - - 154 501 547
Capex / Sales - - - - 69.41% 195.55% 160.57%
Announcement Date 3/17/21 5/4/22 2/7/23 2/21/24 - - -
1DKK in Million2DKK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
86.63 DKK
Average target price
90.51 DKK
Spread / Average Target
+4.48%
Consensus
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  4. Financials Nordic Aqua Partners A/S