Company Valuation: Bouvet ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,837 6,171 6,264 7,865 6,367 4,770 - -
Change - -21.26% 1.51% 25.56% -19.04% -25.08% - -
Enterprise Value (EV) 1 7,295 5,727 5,782 7,031 6,037 4,494 4,417 4,201
Change - -21.49% 0.96% 21.59% -14.14% -25.56% -1.71% -4.89%
P/E 29.6x 20x 19.5x 20.7x 17.8x 14.2x 12.7x 11.5x
PBR 17.6x 13.6x 13.8x 17.1x 15.1x 12.1x 11x 12.2x
PEG - 1.1x 4.5x 1.2x -2.86x -2.78x 1.1x 1.1x
Capitalization / Revenue 2.91x 2x 1.78x 2.01x 1.63x 1.2x 1.11x 1.04x
EV / Revenue 2.71x 1.86x 1.64x 1.79x 1.54x 1.13x 1.03x 0.91x
EV / EBITDA 17.8x 11.9x 11.5x 11.5x 10.5x 8.13x 7.35x 6.48x
EV / EBIT 21.5x 14.3x 14.2x 14.3x 12.8x 9.97x 8.89x 7.75x
EV / FCF 27.5x 20.4x 12.6x 8.53x 18.8x 12.8x 9.29x 9.02x
FCF Yield 3.63% 4.91% 7.94% 11.7% 5.31% 7.81% 10.8% 11.1%
Dividend per Share 2 2.7 2.3 3.05 3.6 3.7 3.369 3.374 3.858
Rate of return 3.58% 3.83% 5.01% 4.71% 6.01% 7.23% 7.24% 8.28%
EPS 2 2.55 3 3.13 3.69 3.46 3.283 3.661 4.036
Distribution rate 106% 76.7% 97.4% 97.6% 107% 103% 92.2% 95.6%
Net sales 1 2,695 3,085 3,526 3,921 3,912 3,970 4,278 4,604
EBITDA 1 409.8 480.7 503.9 610.8 572.6 552.9 600.8 648
EBIT 1 340.1 401.7 407 490.4 473.4 450.6 496.7 541.9
Net income 1 265.9 315.7 325.4 383.4 358.7 340.6 379.7 419.3
Net Debt 1 -541.2 -443.4 -482 -834.3 -330.4 -276.4 -353.1 -569.3
Reference price 2 75.50 60.00 60.90 76.50 61.60 46.60 46.60 46.60
Nbr of stocks (in thousands) 103,796 102,846 102,859 102,811 103,363 102,363 - -
Announcement Date 17/02/22 17/02/23 16/02/24 18/02/25 16/04/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.19x1.13x8.13x7.23% 506M
22.54x3.69x12.88x2.95% 216B
-130.35x18.18x100.79x-.--% 117B
13.46x1.48x7.8x3.56% 111B
13.63x2.48x9.35x6.03% 79.37B
19.51x5.17x12.71x2.91% 58.38B
13.79x1.99x8.45x5.65% 44.37B
22.36x1.83x11.42x1.31% 43.97B
21.06x1.6x10.17x0.89% 40.66B
17.22x2.17x10.3x5.08% 35.23B
Average 2.74x 3.97x 19.20x 3.56% 74.69B
Weighted average by Cap. -4.84x 5.22x 24.90x 2.96%

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

  1. Stock Market
  2. Stocks
  3. BOUV Stock
  4. Valuation Bouvet ASA
-40%: Exceptional extension
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