Projected Income Statement: Scatec ASA

Forecast Balance Sheet: Scatec ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 14,949 19,578 23,284 24,639 25,663 28,458 37,636 39,261
Change - 30.97% 18.93% 5.82% 4.16% 10.89% 32.25% 4.32%
Announcement Date 2/3/22 2/3/23 1/26/24 1/31/25 1/30/26 - - -
1NOK in Million
Estimates

Cash Flow Forecast: Scatec ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 967 1,986 8,786 3,268 6,029 7,622 18,390 7,124
Change - 105.38% 342.4% -62.8% 84.49% 26.42% 141.29% -61.26%
Free Cash Flow (FCF) 1 10,153 -1,230 -4,961 -140 -3,569 -2,550 -11,905 3,249
Change - -112.11% -303.33% 97.18% -2,449.29% 28.56% -366.91% 127.29%
Announcement Date 2/3/22 2/3/23 1/26/24 1/31/25 1/30/26 - - -
1NOK in Million
Estimates

Forecast Financial Ratios: Scatec ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 76.33% 68.12% 75.56% 82.46% 76.61% 77.49% 74.87% 69.05%
EBIT Margin (%) 52.91% 19.27% 55.6% 62.78% 54.31% 52.36% 53.64% 51.91%
EBT Margin (%) 11.99% -29.19% 21.35% 22.27% 20.52% 8.33% 18.76% 21.44%
Net margin (%) 10.2% -35.56% 13.3% 19.91% 19.95% 9.46% 16.33% 17.09%
FCF margin (%) 266.97% -32.79% -105.08% -2.13% -68.14% -46.38% -146.77% 28.2%
FCF / Net Income (%) 2,616.75% 92.2% -789.97% -10.7% -341.53% -490.23% -898.5% 164.99%

Profitability

        
ROA 1.3% -3.82% 1.6% 2.99% - - - -
ROE 4.3% -15.22% 7.41% 13.55% 10.09% 3.93% 9.34% 12.52%

Financial Health

        
Leverage (Debt/EBITDA) 5.15x 7.66x 6.53x 4.55x 6.39x 6.68x 6.2x 4.94x
Debt / Free cash flow 1.47x -15.92x -4.69x -175.99x -7.19x -11.16x -3.16x 12.09x

Capital Intensity

        
CAPEX / Current Assets (%) 25.43% 52.95% 186.1% 49.71% 115.1% 138.64% 226.71% 61.85%
CAPEX / EBITDA (%) 33.31% 77.73% 246.31% 60.28% 150.24% 178.91% 302.79% 89.58%
CAPEX / FCF (%) 9.52% -161.46% -177.1% -2,334.29% -168.93% -298.91% -154.47% 219.31%

Items per share

        
Cash flow per share 1 12.96 4.758 24.07 19.69 15.4 26.3 49.3 75.1
Change - -63.28% 405.95% -18.2% -21.81% 70.83% 87.45% 52.33%
Dividend per Share 1 2.54 1.94 - - - 0.012 0.005 0.005
Change - -23.62% - - - - -58.33% 0%
Book Value Per Share 1 58.34 52 54.67 66.88 63.51 68.56 80.32 93.44
Change - -10.86% 5.13% 22.34% -5.05% 7.96% 17.15% 16.33%
EPS 1 2.43 -8.4 3.95 8.24 6.54 2.854 8.316 12.36
Change - -445.68% 147.02% 108.61% -20.63% -56.36% 191.39% 48.65%
Nbr of stocks (in thousands) 158,792 158,756 158,917 159,028 158,917 159,849 159,849 159,849
Announcement Date 2/3/22 2/3/23 1/26/24 1/31/25 1/30/26 - - -
1NOK
Estimates
2026 *2027 *
P/E 34.6x 11.9x
PBR 1.44x 1.23x
EV / Sales 8.05x 6.58x
Yield 0.01% 0.01%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
98.70NOK
Average target price
131.62NOK
Spread / Average Target
+33.36%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. SSO Stock
  4. Financials Scatec ASA