Company Valuation: Vow ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,146 2,689 2,023 1,325 576.2 765.3 765.3
Change - -35.14% -24.78% -34.5% -56.52% 32.81% 0%
Enterprise Value (EV) 1 4,285 2,856 2,463 1,990 924.4 1,172 1,034
Change - -33.35% -13.74% -19.23% -53.54% 26.76% -6.35%
P/E ratio 146x - 148x -8.69x -2.65x -2.91x 3.02x
PBR 13x 5.12x 3.85x 3.49x 1.07x 0.71x 0.57x
PEG - - - 0x 0.1x -0.1x 0x
Capitalization / Revenue 9.02x 5.92x 2.58x 1.44x 0.57x 0.78x 0.47x
EV / Revenue 9.32x 6.29x 3.15x 2.17x 0.91x 1.13x 0.64x
EV / EBITDA 91.9x 65.6x 26.7x -85x 19.1x -19.8x 4.29x
EV / EBIT 173x 149x 41.1x -26.3x -94.3x -5.18x 5.71x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 0.26 - 0.12 -1.34 -0.75 -0.96 0.8736
Distribution rate - - - - - - -
Net sales 1 459.8 454.1 782.8 918.5 1,018 1,034 1,615
EBITDA 1 46.6 43.5 92.2 -23.4 48.3 -59.2 241.4
EBIT 1 24.8 19.2 60 -75.6 -9.8 -226.4 181.2
Net income 1 27.9 319.9 31.8 -137.6 -90.2 -286.6 128.4
Net Debt 1 138.3 166.3 440.3 664.4 348.2 361.5 269
Reference price 2 37.950 23.460 17.770 11.640 1.984 2.635 2.635
Nbr of stocks (in thousands) 109,260 114,640 113,841 113,841 290,418 290,419 290,419
Announcement Date 2/25/21 2/23/22 2/23/23 2/28/24 2/26/25 2/25/26 -
1NOK in Million2NOK
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.43x0.82x8.07x-.--% 74.73M
33.96x4.85x14.55x0.89% 39.98B
-103.72x3.63x11.93x0.14% 13.31B
564.27x3.24x13.97x-.--% 5.52B
20.73x - - - 4.09B
11x - - 4.02% 3.7B
25.14x3.71x10.57x1.92% 3.46B
36.87x1.59x7.85x3.09% 3.46B
13.16x - - - 2.88B
Average 67.87x 2.97x 11.15x 1.44% 8.5B
Weighted average by Cap. 45.37x 4.23x 13.40x 1%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield