Company Valuation: Vow ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026
Market Cap 1 2,689 2,023 1,325 576.2 810.3 627.3
Change - -24.78% -34.5% -56.52% 40.63% -22.58%
Enterprise Value (EV) 1 2,856 2,463 1,990 924.4 1,172 896.2
Change - -13.74% -19.23% -53.54% 26.76% -23.51%
P/E - 148x -8.69x -2.65x -2.91x 2.47x
PBR 5.12x 3.85x 3.49x 1.07x 3.76x 0.47x
PEG - - 0x 0.1x -0.1x -0x
Capitalization / Revenue 5.92x 2.58x 1.44x 0.57x 0.78x 0.39x
EV / Revenue 6.29x 3.15x 2.17x 0.91x 1.13x 0.56x
EV / EBITDA 65.6x 26.7x -85x 19.1x -19.8x 3.71x
EV / EBIT 149x 41.1x -26.3x -94.3x -5.18x 4.95x
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 - 0.12 -1.34 -0.75 -0.96 0.8736
Distribution rate - - - - - -
Net sales 1 454.1 782.8 918.5 1,018 1,034 1,615
EBITDA 1 43.5 92.2 -23.4 48.3 -59.2 241.4
EBIT 1 19.2 60 -75.6 -9.8 -226.4 181.2
Net income 1 319.9 31.8 -137.6 -90.2 -286.6 128.4
Net Debt 1 166.3 440.3 664.4 348.2 361.5 269
Reference price 2 23.460 17.770 11.640 1.984 2.790 2.160
Nbr of stocks (in thousands) 114,640 113,841 113,841 290,418 290,419 290,412
Announcement Date 2/23/22 A 2/23/23 A 2/28/24 A 2/26/25 A 2/25/26 A -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
2.47x0.56x3.71x-.--% 65.47M
36.96x5.14x15.47x0.82% 42.75B
-116.75x3.89x12.79x0.13% 14.37B
578.65x3.31x14.29x-.--% 5.69B
42.48x1.7x8.38x2.84% 3.7B
27.28x3.95x11.23x1.79% 3.64B
10.63x - - 4.12% 3.62B
17x - - - 3.37B
12.49x - - - 2.75B
Average 67.91x 3.09x 10.98x 1.39% 8.88B
Weighted average by Cap. 44.77x 4.49x 14.22x 0.94%

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