PGS ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.78 NOK | +3.05% |
|
+1.36% | +2.50% |
| Apr. 18 | Norwegian Antitrust Regulator Greenlights TGS-PGS Merger | MT |
| Apr. 12 | UK Competition Watchdog to Probe TGS-PGS Merger | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 459.4 | 660.6 | 238.2 | 167 | 650.4 | 758 | 758 | - |
| Enterprise Value (EV) 1 | 1,572 | 1,668 | 1,390 | 1,248 | 1,354 | 1,345 | 1,274 | 1,174 |
| P/E ratio | -5.22 x | -9.29 x | -0.72 x | -0.93 x | -11.9 x | -42.1 x | 10.2 x | 9 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.53 x | 0.75 x | 0.4 x | 0.28 x | 0.8 x | 1.04 x | 0.81 x | 0.83 x |
| EV / Revenue | 1.8 x | 1.9 x | 2.33 x | 2.12 x | 1.66 x | 1.75 x | 1.37 x | 1.29 x |
| EV / EBITDA | 3.05 x | 3 x | 3.5 x | 3.9 x | 3.03 x | 3.08 x | 2.37 x | 2.23 x |
| EV / FCF | 16.4 x | 7.52 x | 12.4 x | 8.07 x | 6.46 x | 7.39 x | 9.9 x | 8.75 x |
| FCF Yield | 6.09% | 13.3% | 8.05% | 12.4% | 15.5% | 13.5% | 10.1% | 11.4% |
| Price to Book | 0.64 x | 1.04 x | 0.6 x | 0.68 x | 0.84 x | 1.42 x | 1.17 x | 1.05 x |
| Nbr of stocks (in thousands) | 338,578 | 338,578 | 387,205 | 400,666 | 909,049 | 953,460 | 953,460 | - |
| Reference price 2 | 1.357 | 1.951 | 0.6151 | 0.4167 | 0.7155 | 0.7950 | 0.7950 | 0.7950 |
| Announcement Date | 1/31/19 | 1/30/20 | 2/4/21 | 1/27/22 | 1/26/23 | 2/15/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 874.3 | 880.1 | 595.9 | 590 | 817.2 | 770.6 | 930.6 | 911.8 |
| EBITDA 1 | 515.9 | 556.1 | 397.7 | 320.2 | 446.7 | 436.9 | 536.7 | 526.4 |
| EBIT 1 | 36.3 | 96.4 | 12.2 | -54.6 | 117 | 103.9 | 172.4 | 169.5 |
| Operating Margin | 4.15% | 10.95% | 2.05% | -9.25% | 14.32% | 13.48% | 18.52% | 18.59% |
| Earnings before Tax (EBT) 1 | -47.9 | -37.6 | -306.4 | -163.8 | -6.7 | -5.5 | 93.66 | 104.4 |
| Net income 1 | -87.9 | -71.7 | -321.5 | -179.4 | -32.8 | -14.5 | 85.44 | 85.69 |
| Net margin | -10.05% | -8.15% | -53.95% | -30.41% | -4.01% | -1.88% | 9.18% | 9.4% |
| EPS 2 | -0.2600 | -0.2100 | -0.8500 | -0.4500 | -0.0600 | -0.0200 | 0.0778 | 0.0883 |
| Free Cash Flow 1 | 95.8 | 221.8 | 111.9 | 154.7 | 209.5 | 182 | 128.7 | 134.2 |
| FCF margin | 10.96% | 25.2% | 18.78% | 26.22% | 25.64% | 23.62% | 13.83% | 14.72% |
| FCF Conversion (EBITDA) | 18.57% | 39.88% | 28.14% | 48.31% | 46.9% | 41.66% | 23.98% | 25.49% |
| FCF Conversion (Net income) | - | - | - | - | - | - | 150.62% | 156.58% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 1/31/19 | 1/30/20 | 2/4/21 | 1/27/22 | 1/26/23 | 2/15/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q2 | 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 | 151.8 | 131.7 | 174.3 | 136.2 | 273.6 | 198.5 | 250.7 | 143.1 | 156 | 157.3 | 227.3 | 217 | 228.8 | 231.3 | 231.1 |
| EBITDA 1 | 84.4 | 55.6 | 96.1 | 51.8 | 193.3 | 98.1 | 145.2 | 42.4 | 149.7 | 98.2 | 126.7 | 119.7 | 134.5 | 136.5 | 131.6 |
| EBIT 1 | -4.2 | -39.5 | 3 | -20.6 | 57.8 | 33.8 | 45.9 | -16.1 | 25.1 | 11.7 | 83.3 | 35.43 | 45.27 | 49.37 | 42.3 |
| Operating Margin | -2.77% | -29.99% | 1.72% | -15.12% | 21.13% | 17.03% | 18.31% | -11.25% | 16.09% | 7.44% | 36.65% | 16.33% | 19.79% | 21.35% | 18.3% |
| Earnings before Tax (EBT) 1 | -23.5 | -59.4 | -45 | -44.2 | 28 | 7.5 | 2.1 | -53.6 | -4.2 | -5.6 | 58.2 | 13.36 | 31.99 | 27.95 | 36.39 |
| Net income 1 | -26 | -60.7 | -53.5 | -49.2 | 18.7 | 2.6 | -4.9 | -58.8 | -9.3 | -6.8 | 60.6 | 7.432 | 22.37 | 12.67 | 27.39 |
| Net margin | -17.13% | -46.09% | -30.69% | -36.12% | 6.83% | 1.31% | -1.95% | -41.09% | -5.96% | -4.32% | 26.66% | 3.42% | 9.78% | 5.48% | 11.85% |
| EPS 2 | -0.0700 | -0.1500 | -0.1300 | -0.1200 | 0.0400 | - | -0.0100 | -0.0600 | -0.0100 | -0.0100 | 0.0600 | 0.0181 | 0.0179 | 0.0134 | 0.0142 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/22/21 | 10/21/21 | 1/27/22 | 4/28/22 | 7/21/22 | 10/26/22 | 1/26/23 | 4/27/23 | 7/20/23 | 10/26/23 | 2/15/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,113 | 1,008 | 1,152 | 1,081 | 704 | 542 | 516 | 416 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.157 x | 1.812 x | 2.897 x | 3.376 x | 1.576 x | 1.241 x | 0.9613 x | 0.7898 x |
| Free Cash Flow 1 | 95.8 | 222 | 112 | 155 | 210 | 182 | 129 | 134 |
| ROE (net income / shareholders' equity) | -11% | -10.6% | -62.2% | -55.9% | -8.68% | -2.79% | 14.7% | 16.2% |
| ROA (Net income/ Total Assets) | -3.61% | -1.28% | -14.6% | -9.23% | -1.75% | -0.77% | 2.3% | 3.7% |
| Assets 1 | 2,434 | 5,619 | 2,198 | 1,943 | 1,873 | 1,893 | 3,715 | 2,316 |
| Book Value Per Share 2 | 2.130 | 1.870 | 1.030 | 0.6100 | 0.8500 | 0.5600 | 0.6800 | 0.7600 |
| Cash Flow per Share 2 | 1.320 | 1.390 | 0.9700 | 0.7700 | 0.6300 | 0.5000 | 0.6000 | 0.5000 |
| Capex 1 | 48 | 62 | 32.8 | 35.4 | 48.6 | 89.2 | 127 | 119 |
| Capex / Sales | 5.49% | 7.04% | 5.5% | 6% | 5.95% | 11.58% | 13.69% | 13.02% |
| Announcement Date | 1/31/19 | 1/30/20 | 2/4/21 | 1/27/22 | 1/26/23 | 2/15/24 | - | - |
1USD in Million2USD
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+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
0.795
USD
Average target price
0.8648
USD
Spread / Average Target
+8.78%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +2.50% | 758M | |
| -31.84% | 311M | |
| 0.00% | 111M | |
| +19.89% | 84.7M | |
| -.--% | 77.93M |
- Stock Market
- Equities
- PGS Stock
- Financials PGS ASA
