Company Valuation: Norda ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 100.8 188.9 188.9 203.8 203.8 397.7
Change - 87.38% 0% 7.89% 0% 95.12%
Enterprise Value (EV) 1 32.06 74.94 30.16 -52.97 -107.4 148.8
Change - 133.72% -59.76% -275.64% -102.86% 238.52%
P/E 2.49x - - - - 3.26x
PBR 0.92x - - - - 1.36x
PEG - - - - - -
Capitalization / Revenue 1.2x 0.4x 1.36x 1.59x 2.34x 1.07x
EV / Revenue 0.38x 0.16x 0.22x -0.41x -1.24x 0.4x
EV / EBITDA - - - - - -
EV / EBIT 0.39x 0.16x 0.22x -0.42x -1.3x 0.4x
EV / FCF 0.62x 0.23x 0.6x -0.72x -1.27x 0.64x
FCF Yield 160% 426% 166% -138% -78.6% 156%
Dividend per Share 2 - 6 - - - 26
Rate of return - 15.8% - - - 32.5%
EPS 2 8.033 - - - - 24.54
Distribution rate - - - - - 106%
Net sales 1 83.94 469.1 139.3 128 86.92 371.9
EBITDA - - - - - -
EBIT 1 82 467 135.7 125.7 82.96 369.8
Net income 1 39.93 427.7 82.14 100.2 31.17 125.9
Net Debt 1 -68.74 -113.9 -158.7 -256.8 -311.2 -248.8
Reference price 2 20.00 38.00 38.00 41.00 41.00 80.00
Nbr of stocks (in thousands) 5,040 4,971 4,971 4,971 4,971 4,971
Announcement Date 6/25/20 A 6/21/21 A 6/16/22 A 11/1/23 A 5/6/25 A 5/6/25 A
1NOK in Million2NOK
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 45.1M
34.6x6.07x18.79x0.95% 49.92B
-23.69x348.89x-22.4x-.--% 40.23B
25.19x2.79x12.06x-.--% 34.55B
44.97x4.49x28.67x-.--% 33.09B
30.52x8.33x21.46x0.41% 27.51B
32.72x5.32x24.23x-.--% 15.92B
24.09x2.05x9x1.11% 13.86B
-22.69x14.88x-22.26x-.--% 13.52B
Average 18.21x 49.10x 8.69x 0.31% 25.41B
Weighted average by Cap. 19.77x 66.17x 9.63x 0.32%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA