Financials Airthings ASA

Equities

AIRX ME

NO0010895568

Industrial Machinery & Equipment

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
3 NOK +1.69% Intraday chart for Airthings ASA +2.39% +1.87%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 2,349 1,900 612.5 582.4 593.3 -
Enterprise Value (EV) 1 1,844 1,528 509.7 457.5 505.8 525.9
P/E ratio -64.5 x -27 x -5.63 x -9.25 x -30.6 x 73.2 x
Yield - - - - - -
Capitalization / Revenue 10.8 x 6.1 x 1.66 x 1.5 x 1.24 x 0.94 x
EV / Revenue 8.5 x 4.91 x 1.38 x 1.18 x 1.05 x 0.84 x
EV / EBITDA -47.2 x -19.1 x -4.15 x -6.31 x -692 x 11.5 x
EV / FCF -17.4 x -10.4 x -1.99 x -8.33 x - 11.8 x
FCF Yield -5.74% -9.57% -50.4% -12% - 8.49%
Price to Book 2.69 x 3.18 x 1.15 x 1.09 x 1.2 x 1.16 x
Nbr of stocks (in thousands) 170,606 171,816 173,992 197,758 197,758 -
Reference price 2 13.77 11.06 3.520 2.945 3.000 3.000
Announcement Date 2/4/21 2/10/22 3/29/23 2/8/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 216.9 311.3 368.9 388.5 480.2 628.6
EBITDA 1 -39.06 -80.2 -122.7 -72.54 -0.731 45.6
EBIT 1 -41.38 -91 -137.6 -88.65 -18.55 22.98
Operating Margin -19.08% -29.23% -37.31% -22.82% -3.86% 3.66%
Earnings before Tax (EBT) 1 -54.78 -88.7 -142.6 -85.26 -23.28 18.25
Net income 1 -36.36 -70.4 -110 -66.45 -21.92 12.17
Net margin -16.76% -22.61% -29.83% -17.1% -4.56% 1.94%
EPS 2 -0.2135 -0.4100 -0.6248 -0.3186 -0.0980 0.0410
Free Cash Flow 1 -105.9 -146.3 -256.7 -54.93 - 44.65
FCF margin -48.85% -47% -69.6% -14.14% - 7.1%
FCF Conversion (EBITDA) - - - - - 97.92%
FCF Conversion (Net income) - - - - - 366.91%
Dividend per Share 2 - - - - - -
Announcement Date 2/4/21 2/10/22 3/29/23 2/8/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 88.5 97.1 85.09 69.68 103 98.5 94.31 74.6 113.4 109.4 125 111.6 145.1 156.3
EBITDA 1 0.8 -32.3 -32.25 -54.75 -2.194 -28.7 -34.55 -27.35 0.821 -10.25 -6.698 -22.33 22.33 -
EBIT 1 -1.9 -35.2 -35.77 -58.61 -5.105 -32.78 -38.72 -31.1 -3.576 -14.11 -11.16 -22.33 22.33 -
Operating Margin -2.15% -36.25% -42.03% -84.12% -4.95% -33.28% -41.05% -41.69% -3.15% -12.9% -8.93% -20% 15.38% -
Earnings before Tax (EBT) 1 -0.4 -34.7 -38.47 -58.54 4.49 -44.59 -28.07 -28.26 -6.241 -21.73 -12.28 -22.33 22.33 -
Net income 1 -0.3 -16.6 -29.4 -45.27 2.727 -33.84 -22.42 -22.13 -4.993 -16.15 -8.931 -22.33 11.16 -
Net margin -0.34% -17.1% -34.55% -64.97% 2.65% -34.36% -23.78% -29.66% -4.4% -14.76% -7.14% -20% 7.69% -
EPS - - - - - - - - - -0.1062 - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 10/27/21 2/10/22 5/4/22 7/13/22 10/27/22 3/29/23 5/3/23 7/13/23 10/26/23 2/8/24 - - - -
1NOK in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - -
Net Cash position 1 504 372 103 125 87.5 67.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -106 -146 -257 -54.9 - 44.7
ROE (net income / shareholders' equity) -9.55% -11.2% -17.8% -12.4% -3.6% 3.2%
ROA (Net income/ Total Assets) -5.85% -9.82% -14.3% -9.75% -2.8% 2.5%
Assets 1 621.5 716.7 767.6 681.7 782.7 486.8
Book Value Per Share 2 5.110 3.470 3.070 2.700 2.500 2.580
Cash Flow per Share - - - - - -
Capex 1 44.3 4.6 25.9 18.8 33.5 33.5
Capex / Sales 20.42% 1.48% 7.02% 4.84% 6.97% 5.33%
Announcement Date 2/4/21 2/10/22 3/29/23 2/8/24 - -
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
3 NOK
Average target price
3.8 NOK
Spread / Average Target
+26.67%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. AIRX ME Stock
  4. Financials Airthings ASA