Projected Income Statement: Appear ASA

Forecast Balance Sheet: Appear ASA

Forecast Balance Sheet - Appear ASA
Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 -446 -457 -529 -629
Change - -2.55% -15.75% -18.9%
Announcement Date 2/12/26 A - - -
1NOK in Million
Estimates

Cash Flow Forecast: Appear ASA

Fiscal Period: December 2025 2026 2027 2028
CAPEX 1 23.86 99 114 158.5
Change - 314.92% 15.15% 39.04%
Free Cash Flow (FCF) 1 139.4 1 62 70
Change - -99.28% 6,100% 12.9%
Announcement Date 2/12/26 A - - -
1NOK in Million
Estimates

Forecast Financial Ratios: Appear ASA

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) 23.61% 20.92% 23.92% 27.32%
EBIT Margin (%) 21.31% 15.75% 18.11% 21.22%
EBT Margin (%) 21.16% 15.94% 17.91% 21.05%
Net margin (%) 16.13% 12.17% 13.98% 16.46%
FCF margin (%) 17.4% 0.12% 6.26% 5.85%
FCF / Net Income (%) 107.92% 1% 44.77% 35.53%

Profitability

    
ROA - - - -
ROE 30.13% 15.65% 18.2% 21.15%

Financial Health

    
Leverage (Debt/EBITDA) - - - -
Debt / Free cash flow - - - -

Capital Intensity

    
CAPEX / Current Assets (%) 2.98% 12.04% 11.5% 13.24%
CAPEX / EBITDA (%) 12.62% 57.56% 48.1% 48.47%
CAPEX / FCF (%) 17.12% 9,900% 183.87% 226.43%

Items per share

    
Cash flow per share 1 - - - -
Change - - - -
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 15.62 17.24 20.7 25.64
Change - 10.38% 20.07% 23.89%
EPS 1 3.4 2.545 3.46 4.91
Change - -25.15% 35.95% 41.91%
Nbr of stocks (in thousands) 40,793 40,596 40,596 40,596
Announcement Date 2/12/26 A - - -
1NOK
Estimates
2026 *2027 *
P/E 13.4x 9.86x
PBR 1.98x 1.65x
EV / Sales 1.22x 0.94x
Yield - -

EPS & Dividend

EPS & Dividend - Appear ASA


Y-o-Y evolution of P/E

Valuation ratios - P/E - Appear ASA
 
Trader
Investor
-
Global
-
Quality
ESG MSCI
-
MarketScreener Ratings - Appear ASA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
36.00NOK
Average target price
60.50NOK
Spread / Average Target
+68.06%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Appear ASA
  1. Stock Market
  2. Stocks
  3. APR Stock
  4. Financials Appear ASA