Financials Vow ASA

Equities

VOW

NO0010708068

Environmental Services & Equipment

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
6.17 NOK 0.00% Intraday chart for Vow ASA -4.19% -46.99%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 439 3,197 4,146 2,689 2,023 702.4 702.4 -
Enterprise Value (EV) 1 435 3,286 4,285 2,856 2,463 1,990 1,146 1,101
P/E ratio 16.4 x -214 x 146 x - 148 x 56.3 x 14.3 x 6.72 x
Yield 2.18% 0.33% - - - - - -
Capitalization / Revenue 1.33 x 8.4 x 9.02 x 5.92 x 2.58 x 1.44 x 0.63 x 0.52 x
EV / Revenue 1.32 x 8.63 x 9.32 x 6.29 x 3.15 x 2.17 x 1.02 x 0.82 x
EV / EBITDA 11.1 x 71.7 x 91.9 x 65.6 x 26.7 x -85 x 8.75 x 5.46 x
EV / FCF 14.9 x -29.3 x -58.7 x - -11.5 x -5.26 x 99.7 x 24.2 x
FCF Yield 6.71% -3.42% -1.7% - -8.7% -19% 1% 4.13%
Price to Book 4.7 x 13.9 x 13 x 5.12 x 3.85 x 3.49 x 1.35 x 1.11 x
Nbr of stocks (in thousands) 95,641 106,564 109,260 114,640 113,841 113,841 113,841 -
Reference price 2 4.590 30.00 37.95 23.46 17.77 6.170 6.170 6.170
Announcement Date 2/27/19 2/26/20 2/25/21 2/23/22 2/23/23 2/28/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 329.6 380.8 459.8 454.1 782.8 918.5 1,119 1,341
EBITDA 1 39.2 45.8 46.6 43.5 92.2 -23.4 131 201.4
EBIT 1 35.8 34.8 24.8 19.2 60 -75.6 94.44 160.2
Operating Margin 10.86% 9.14% 5.39% 4.23% 7.66% -8.23% 8.44% 11.95%
Earnings before Tax (EBT) 1 33.4 -9.2 28.1 325.1 22.3 -148.7 63.63 134.6
Net income 1 26.6 -14.6 27.9 319.9 31.8 -137.6 49.08 105.6
Net margin 8.07% -3.83% 6.07% 70.45% 4.06% -14.98% 4.39% 7.87%
EPS 2 0.2800 -0.1400 0.2600 - 0.1200 0.1095 0.4302 0.9184
Free Cash Flow 1 29.2 -112.3 -73 - -214.3 -220 11.5 45.5
FCF margin 8.86% -29.49% -15.88% - -27.38% -22.8% 1.03% 3.39%
FCF Conversion (EBITDA) 74.49% - - - - - 8.78% 22.59%
FCF Conversion (Net income) 109.77% - - - - - 23.43% 43.08%
Dividend per Share 2 0.1000 0.1000 - - - - - -
Announcement Date 2/27/19 2/26/20 2/25/21 2/23/22 2/23/23 2/28/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S1 2019 S2 2020 S1 2020 S2 2021 Q1 2021 Q2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 181.3 199.4 248 212 92.7 108.7 201.4 97.8 154.8 252.6 - 399.9 194 188.9 382.9 448.7 558 550 530
EBITDA 1 22.6 23.2 25 22.1 10.2 10.1 20.3 - 15.1 23.2 - 53.3 25.1 13.8 38.9 29.6 -53 57 74
EBIT 19.1 15.8 14.4 10.4 5.3 5.3 10.7 4.35 4.35 8.6 - 39.7 10.1 - 20.2 5.5 -84.4 39.5 55
Operating Margin 10.54% 7.92% 5.81% 4.91% 5.72% 4.88% 5.31% 4.45% 2.81% 3.4% - 9.93% 5.21% - 5.28% 1.23% -5.73% 7.18% 10.38%
Earnings before Tax (EBT) 20 -29.3 35 -6.7 - - - - - 325.1 - 15.6 - - 6.7 9.1 58 57 54
Net income 15.3 -29.9 22.5 -0.4 - - -0.4 - - 322.9 - 23.1 - - 8.7 36 -173.5 17 32
Net margin 8.44% -14.99% 9.07% -0.19% - - -0.2% - - 127.83% - 5.78% - - 2.27% 8.02% -9.14% 3.09% 6.04%
EPS 0.1600 -0.3000 0.2500 0.0534 - - -0.003500 - - - - - - - - - 0.4000 0.1500 0.2800
Dividend per Share 0.1000 0.1000 - - - - - - - - - - - - - - - - -
Announcement Date 8/28/19 2/26/20 8/26/20 2/25/21 4/29/21 8/26/21 8/26/21 10/27/21 2/23/22 2/23/22 8/24/22 8/24/22 10/27/22 2/23/23 2/23/23 8/23/23 2/28/24 - -
1NOK in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - 88.7 138 166 440 664 444 398
Net Cash position 1 4 - - - - - - -
Leverage (Debt/EBITDA) - 1.937 x 2.968 x 3.823 x 4.775 x -28.39 x 3.388 x 1.977 x
Free Cash Flow 1 29.2 -112 -73 - -214 -220 11.5 45.5
ROE (net income / shareholders' equity) 35.2% -9.06% 10.1% 75.5% 6% -30.1% 7.84% 16.3%
ROA (Net income/ Total Assets) 15.2% -3.68% 4.25% 35.2% 2.49% -9.18% 6.3% 6.6%
Assets 1 174.6 397.1 655.9 909 1,279 1,498 779 1,600
Book Value Per Share 2 0.9800 2.160 2.930 4.580 4.610 3.340 4.560 5.540
Cash Flow per Share - - - - - - - -
Capex 1 1.9 4.6 64.4 - 117 53 50 50
Capex / Sales 0.58% 1.21% 14.01% - 14.96% 5.49% 4.47% 3.73%
Announcement Date 2/27/19 2/26/20 2/25/21 2/23/22 2/23/23 2/28/24 - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
6.17 NOK
Average target price
17 NOK
Spread / Average Target
+175.53%
Consensus