Market Closed -
Oslo Bors
10:45:00 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
38.4
NOK
|
+2.29%
|
|
+4.69%
|
-7.25%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
3,605
|
3,193
|
3,620
|
6,339
|
3,512
|
3,258
|
-
|
-
|
Enterprise Value (EV)
1 |
4,524
|
3,918
|
4,674
|
7,431
|
6,102
|
6,741
|
6,159
|
5,706
|
P/E ratio
|
1.76
x
|
-1.69
x
|
-9.97
x
|
2.47
x
|
7.86
x
|
-39.3
x
|
12.6
x
|
5.13
x
|
Yield
|
14.3%
|
-
|
-
|
7.43%
|
-
|
5.21%
|
9.11%
|
13%
|
Capitalization / Revenue
|
0.28
x
|
0.33
x
|
0.35
x
|
0.42
x
|
0.26
x
|
0.25
x
|
0.21
x
|
0.19
x
|
EV / Revenue
|
0.35
x
|
0.41
x
|
0.45
x
|
0.49
x
|
0.45
x
|
0.52
x
|
0.4
x
|
0.33
x
|
EV / EBITDA
|
2.33
x
|
5.32
x
|
7.06
x
|
2.39
x
|
2.85
x
|
6.42
x
|
4.55
x
|
3.23
x
|
EV / FCF
|
19.4
x
|
-47.2
x
|
-5.63
x
|
-39.5
x
|
-5.28
x
|
-15
x
|
13.1
x
|
5.42
x
|
FCF Yield
|
5.15%
|
-2.12%
|
-17.8%
|
-2.53%
|
-18.9%
|
-6.68%
|
7.63%
|
18.5%
|
Price to Book
|
0.66
x
|
0.99
x
|
1.16
x
|
1.07
x
|
0.61
x
|
0.56
x
|
0.53
x
|
-
|
Nbr of stocks (in thousands)
|
82,500
|
82,500
|
94,265
|
94,265
|
84,838
|
84,838
|
-
|
-
|
Reference price
2 |
43.70
|
38.70
|
38.40
|
67.25
|
41.40
|
38.40
|
38.40
|
38.40
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/4/22
|
2/7/23
|
2/8/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
12,954
|
9,613
|
10,315
|
15,214
|
13,523
|
12,908
|
15,284
|
17,038
|
EBITDA
1 |
1,938
|
736
|
662
|
3,105
|
2,143
|
1,050
|
1,354
|
1,769
|
EBIT
1 |
1,482
|
-153
|
-160
|
2,558
|
1,627
|
355
|
713
|
1,128
|
Operating Margin
|
11.44%
|
-1.59%
|
-1.55%
|
16.81%
|
12.03%
|
2.75%
|
4.66%
|
6.62%
|
Earnings before Tax (EBT)
1 |
2,192
|
-1,699
|
-295
|
2,778
|
591
|
-90.24
|
339.9
|
763
|
Net income
1 |
2,044
|
-1,885
|
-363
|
2,572
|
481
|
-119.6
|
318
|
664.7
|
Net margin
|
15.78%
|
-19.61%
|
-3.52%
|
16.91%
|
3.56%
|
-0.93%
|
2.08%
|
3.9%
|
EPS
2 |
24.77
|
-22.84
|
-3.850
|
27.28
|
5.270
|
-0.9776
|
3.056
|
7.486
|
Free Cash Flow
1 |
233
|
-83
|
-830
|
-188
|
-1,156
|
-450
|
470
|
1,053
|
FCF margin
|
1.8%
|
-0.86%
|
-8.05%
|
-1.24%
|
-8.55%
|
-3.49%
|
3.08%
|
6.18%
|
FCF Conversion (EBITDA)
|
12.02%
|
-
|
-
|
-
|
-
|
-
|
34.7%
|
59.53%
|
FCF Conversion (Net income)
|
11.4%
|
-
|
-
|
-
|
-
|
-
|
147.79%
|
158.41%
|
Dividend per Share
2 |
6.250
|
-
|
-
|
5.000
|
-
|
2.000
|
3.500
|
5.000
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/4/22
|
2/7/23
|
2/8/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
3,092
|
3,590
|
3,937
|
3,630
|
4,056
|
3,320
|
3,404
|
3,036
|
3,763
|
2,688
|
3,269
|
3,448
|
3,858
|
4,394
|
4,570
|
EBITDA
1 |
422
|
610
|
905
|
508
|
1,083
|
675
|
380
|
327
|
760
|
76
|
547
|
181.2
|
173.4
|
254
|
398
|
EBIT
1 |
479
|
496
|
1,195
|
113
|
-
|
559
|
146
|
36
|
629
|
-49
|
397
|
-8
|
16
|
44
|
188
|
Operating Margin
|
15.49%
|
13.82%
|
30.35%
|
3.11%
|
-
|
16.84%
|
4.29%
|
1.19%
|
16.72%
|
-1.82%
|
12.15%
|
-0.23%
|
0.41%
|
1%
|
4.11%
|
Earnings before Tax (EBT)
1 |
480
|
593
|
1,065
|
23
|
1,097
|
-148
|
41
|
112
|
586
|
-382
|
-101.1
|
-57.58
|
-97.13
|
-30.48
|
118
|
Net income
1 |
400
|
583
|
935
|
-11
|
1,065
|
-181
|
45
|
134
|
482
|
-328
|
277
|
-45.67
|
-27
|
-5
|
100.9
|
Net margin
|
12.94%
|
16.24%
|
23.75%
|
-0.3%
|
26.26%
|
-5.45%
|
1.32%
|
4.41%
|
12.81%
|
-12.2%
|
8.47%
|
-1.32%
|
-0.7%
|
-0.11%
|
2.21%
|
EPS
2 |
4.240
|
6.180
|
9.920
|
-0.1200
|
11.30
|
-1.910
|
0.4800
|
1.450
|
5.250
|
-3.860
|
-0.8258
|
-0.4704
|
-0.7934
|
-0.2490
|
0.9637
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
5.000
|
5.000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/4/22
|
4/28/22
|
7/15/22
|
10/20/22
|
2/7/23
|
4/27/23
|
7/14/23
|
10/19/23
|
2/8/24
|
4/19/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
919
|
725
|
1,054
|
1,092
|
2,590
|
3,483
|
2,901
|
2,449
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.4742
x
|
0.9851
x
|
1.592
x
|
0.3517
x
|
1.209
x
|
3.317
x
|
2.142
x
|
1.384
x
|
Free Cash Flow
1 |
233
|
-83
|
-830
|
-188
|
-1,156
|
-450
|
470
|
1,053
|
ROE (net income / shareholders' equity)
|
52%
|
-43.3%
|
-11.4%
|
56.9%
|
7.97%
|
-2%
|
4.63%
|
10.4%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-4.29%
|
22.6%
|
3.39%
|
-0.8%
|
2.8%
|
5%
|
Assets
1 |
-
|
-
|
8,456
|
11,367
|
14,189
|
14,948
|
11,358
|
13,295
|
Book Value Per Share
2 |
66.60
|
39.00
|
33.20
|
62.70
|
67.50
|
69.10
|
73.10
|
-
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
369
|
632
|
1,021
|
2,228
|
3,085
|
900
|
460
|
500
|
Capex / Sales
|
2.85%
|
6.57%
|
9.9%
|
14.64%
|
22.81%
|
6.97%
|
3.01%
|
2.93%
|
Announcement Date
|
2/6/20
|
2/4/21
|
2/4/22
|
2/7/23
|
2/8/24
|
-
|
-
|
-
|
Last Close Price
38.4
NOK Average target price
46.67
NOK Spread / Average Target +21.53% Consensus |
1st Jan change
|
Capi.
|
---|
| -7.25% | 295M | | -3.17% | 18.78B | | +7.10% | 14.99B | | +5.03% | 10.18B | | -1.67% | 6.08B | | +8.82% | 4.88B | | +17.55% | 3.98B | | +16.91% | 3.15B | | +63.21% | 2.67B | | +12.02% | 1.76B |
Other Paper Products
|