Financials NRC Group ASA

Equities

NRC

NO0003679102

Construction & Engineering

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
12.25 NOK +1.66% Intraday chart for NRC Group ASA +0.82% +14.49%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,085 2,316 1,748 1,050 776.1 892.5 - -
Enterprise Value (EV) 1 4,718 3,474 2,640 2,000 1,537 1,701 1,602 1,522
P/E ratio -51 x -37.4 x -63.3 x -2.89 x 21 x 3.51 x - -
Yield - - - - - 4.28% 6.12% 8.16%
Capitalization / Revenue 0.5 x 0.36 x 0.29 x 0.15 x 0.12 x 0.12 x 0.12 x 0.12 x
EV / Revenue 0.76 x 0.54 x 0.44 x 0.28 x 0.23 x 0.23 x 0.22 x 0.2 x
EV / EBITDA 12,035,002 x 13,158,366 x 7,856,448 x 5,971,112 x 4,629,916 x - - -
EV / FCF 128 x 12.3 x 7.93 x 10.6 x - 8.68 x 5.43 x 4.37 x
FCF Yield 0.78% 8.12% 12.6% 9.4% - 11.5% 18.4% 22.9%
Price to Book 1.52 x 0.85 x 0.67 x 0.45 x - 0.28 x - -
Nbr of stocks (in thousands) 54,023 72,939 72,672 72,838 72,536 72,859 - -
Reference price 2 57.10 31.75 24.05 14.42 10.70 12.25 12.25 12.25
Announcement Date 2/12/20 2/17/21 2/16/22 2/21/23 2/27/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,193 6,449 5,957 7,030 6,732 7,409 7,295 7,694
EBITDA 392 264 336 335 332 - - -
EBIT 1 121 -8 75 112 121 147 207 277
Operating Margin 1.95% -0.12% 1.26% 1.59% 1.8% 1.98% 2.84% 3.6%
Earnings before Tax (EBT) 1 -163 -94 -24 -313 45 322.4 - -
Net income 1 -61 -63 -26 -363 38 254.7 - -
Net margin -0.98% -0.98% -0.44% -5.16% 0.56% 3.44% - -
EPS 2 -1.120 -0.8500 -0.3800 -4.990 0.5100 3.492 - -
Free Cash Flow 1 37 282 333 188 - 196 295 348
FCF margin 0.6% 4.37% 5.59% 2.67% - 2.65% 4.04% 4.52%
FCF Conversion (EBITDA) 9.44% 106.82% 99.11% 56.12% - - - -
FCF Conversion (Net income) - - - - - 76.95% - -
Dividend per Share 2 - - - - - 0.5239 0.7500 1.000
Announcement Date 2/12/20 2/17/21 2/16/22 2/21/23 2/27/24 - - -
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 2025 Q1
Net sales 1 1,698 1,601 1,176 1,912 1,988 1,954 1,291 1,797 1,844 1,800 1,255 1,860 1,927 2,024 1,323
EBITDA 1 149 97 7 109 138 81 2 118 132 77 -8 - - - -
EBIT 1 89 31 -47 54 85 20 -48 64 80 24 -57 - - - -
Operating Margin 5.24% 1.94% -4% 2.82% 4.28% 1.02% -3.72% 3.56% 4.34% 1.33% -4.54% - - - -
Earnings before Tax (EBT) 1 71 -6 -62 40 61 -353 -65 47 56 6 -80 - - - -
Net income 1 58 -9 -48 32 47 -393 -42 37 49 -6 -62 - - - -
Net margin 3.42% -0.56% -4.08% 1.67% 2.36% -20.11% -3.25% 2.06% 2.66% -0.33% -4.94% - - - -
EPS 2 0.8000 -0.1200 -0.6600 0.4300 0.6300 -5.400 -0.5900 0.5100 0.6600 -0.0800 -0.8500 - - - -
Dividend per Share 2 - - - - - - - - - - - - - 0.5000 -
Announcement Date 11/9/21 2/16/22 5/11/22 8/18/22 11/8/22 2/21/23 5/24/23 8/29/23 11/24/23 2/27/24 - - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,633 1,158 892 950 761 808 709 629
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.166 x 4.386 x 2.655 x 2.836 x 2.292 x - - -
Free Cash Flow 1 37 282 333 188 - 196 295 348
ROE (net income / shareholders' equity) -3.5% -2.41% 0.3% -14.7% 1.6% 8.38% - -
ROA (Net income/ Total Assets) -1.46% -1.12% 0.14% -6.74% 0.74% 4.34% - -
Assets 1 4,180 5,645 -18,611 5,389 5,166 5,874 - -
Book Value Per Share 2 37.60 37.40 35.90 31.70 - 43.20 - -
Cash Flow per Share 1.410 4.260 - - - - - -
Capex 1 40 34 25 47 - 36.5 41 43
Capex / Sales 0.65% 0.53% 0.42% 0.67% - 0.49% 0.56% 0.56%
Announcement Date 2/12/20 2/17/21 2/16/22 2/21/23 2/27/24 - - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
12.25 NOK
Average target price
15 NOK
Spread / Average Target
+22.45%
Consensus
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