Real-time Estimate
Cboe Europe
06:26:29 2024-05-16 am EDT
|
5-day change
|
1st Jan Change
|
148.3
NOK
|
-0.80%
|
|
-0.17%
|
+6.57%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
13,010
|
12,620
|
19,279
|
16,472
|
20,394
|
21,659
|
-
|
-
|
Enterprise Value (EV)
1 |
13,010
|
12,620
|
19,279
|
16,472
|
20,394
|
21,659
|
21,659
|
21,659
|
P/E ratio
|
8.25
x
|
11
x
|
11.2
x
|
9.94
x
|
8.4
x
|
9
x
|
9.35
x
|
9.59
x
|
Yield
|
6.49%
|
4.1%
|
5.03%
|
5.1%
|
8.46%
|
7.16%
|
7.13%
|
7.01%
|
Capitalization / Revenue
|
2.11
x
|
2.01
x
|
2.9
x
|
3.06
x
|
3.04
x
|
2.57
x
|
2.71
x
|
2.67
x
|
EV / Revenue
|
2.11
x
|
2.01
x
|
2.9
x
|
3.06
x
|
3.04
x
|
2.57
x
|
2.71
x
|
2.67
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
1.1
x
|
1.03
x
|
1.44
x
|
1.16
x
|
1.18
x
|
1.2
x
|
1.14
x
|
1.11
x
|
Nbr of stocks (in thousands)
|
129,836
|
129,304
|
129,391
|
129,290
|
143,820
|
144,200
|
-
|
-
|
Reference price
2 |
100.2
|
97.60
|
149.0
|
127.4
|
141.8
|
150.2
|
150.2
|
150.2
|
Announcement Date
|
2/5/20
|
2/5/21
|
2/10/22
|
2/8/23
|
2/8/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,178
|
6,281
|
6,655
|
5,380
|
6,716
|
8,431
|
7,988
|
8,112
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
3,380
|
3,329
|
3,662
|
2,937
|
4,498
|
5,201
|
4,581
|
4,579
|
Operating Margin
|
54.71%
|
53%
|
55.03%
|
54.59%
|
66.97%
|
61.69%
|
57.35%
|
56.45%
|
Earnings before Tax (EBT)
1 |
3,081
|
2,378
|
3,501
|
3,324
|
4,484
|
4,904
|
4,547
|
4,565
|
Net income
1 |
2,563
|
1,793
|
2,692
|
2,785
|
3,688
|
3,623
|
3,461
|
3,387
|
Net margin
|
41.49%
|
28.55%
|
40.45%
|
51.77%
|
54.91%
|
42.98%
|
43.32%
|
41.75%
|
EPS
2 |
12.14
|
8.870
|
13.31
|
12.82
|
16.88
|
16.69
|
16.06
|
15.66
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
6.500
|
4.000
|
7.500
|
6.500
|
12.00
|
10.75
|
10.72
|
10.53
|
Announcement Date
|
2/5/20
|
2/5/21
|
2/10/22
|
2/8/23
|
2/8/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q2
|
---|
Net sales
1 |
1,395
|
1,395
|
1,546
|
1,499
|
1,435
|
1,576
|
1,757
|
1,772
|
1,811
|
1,878
|
2,138
|
2,068
|
2,065
|
2,141
|
2,194
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
848
|
868
|
788
|
810
|
789
|
847
|
1,074
|
1,032
|
1,517
|
1,377
|
1,356
|
1,275
|
1,193
|
1,289
|
1,364
|
Operating Margin
|
60.79%
|
62.22%
|
50.97%
|
54.04%
|
54.98%
|
53.74%
|
61.13%
|
58.24%
|
83.77%
|
73.32%
|
63.41%
|
61.65%
|
57.77%
|
60.21%
|
62.17%
|
Earnings before Tax (EBT)
1 |
816
|
868
|
880
|
788
|
932
|
946
|
1,045
|
996
|
1,496
|
1,353
|
1,286
|
1,188
|
1,100
|
1,195
|
1,275
|
Net income
1 |
565
|
646
|
646
|
585
|
768
|
778
|
923
|
705
|
1,247
|
1,011
|
944.5
|
867
|
802
|
872
|
936
|
Net margin
|
40.5%
|
46.31%
|
41.79%
|
39.03%
|
53.52%
|
49.37%
|
52.53%
|
39.79%
|
68.86%
|
53.83%
|
44.17%
|
41.92%
|
38.84%
|
40.73%
|
42.66%
|
EPS
2 |
3.200
|
3.200
|
3.200
|
2.890
|
3.530
|
3.510
|
4.210
|
3.280
|
5.620
|
4.680
|
4.370
|
4.015
|
3.715
|
4.040
|
4.330
|
Dividend per Share
2 |
7.500
|
-
|
-
|
-
|
6.500
|
-
|
-
|
-
|
12.00
|
-
|
-
|
-
|
12.50
|
-
|
-
|
Announcement Date
|
2/10/22
|
5/6/22
|
8/11/22
|
10/29/22
|
2/8/23
|
5/9/23
|
8/10/23
|
11/2/23
|
2/8/24
|
5/8/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
13.7%
|
10%
|
13.5%
|
12.3%
|
14.4%
|
13.7%
|
12.3%
|
11.9%
|
ROA (Net income/ Total Assets)
|
1.57%
|
1.01%
|
1.39%
|
1.32%
|
1.62%
|
1.6%
|
1.4%
|
1.35%
|
Assets
1 |
163,686
|
177,279
|
193,377
|
211,145
|
228,020
|
226,457
|
247,202
|
250,877
|
Book Value Per Share
2 |
90.80
|
94.70
|
103.0
|
110.0
|
120.0
|
125.0
|
131.0
|
136.0
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/5/20
|
2/5/21
|
2/10/22
|
2/8/23
|
2/8/24
|
-
|
-
|
-
|
Last Close Price
150.2
NOK Average target price
161.8
NOK Spread / Average Target +7.69% Consensus |
1st Jan change
|
Capi.
|
---|
| +18.82% | 333B | | +15.56% | 304B | | +23.30% | 251B | | +26.66% | 217B | | +26.88% | 180B | | +29.87% | 169B | | +11.93% | 165B | | +7.10% | 149B | | -14.57% | 131B |
Other Banks
|