EDDA WIND ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.3 NOK | +2.76% |
|
+0.45% | -10.80% |
| 02-29 | Edda Wind ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 | CI |
| 02-29 | Transcript : Edda Wind ASA, Q4 2023 Earnings Call, Feb 29, 2024 |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Capitalization 1 | 218.6 | 169.5 | 212.4 | 212.4 | - |
| Enterprise Value (EV) 2 | 246.7 | 277.2 | 502 | 568.5 | 602.3 |
| P/E ratio | 96.1 x | 84.1 x | -54.5 x | 41.3 x | 7.61 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 8.95 x | 5.96 x | 6.35 x | 3.09 x | 1.67 x |
| EV / Revenue | 10.1 x | 9.75 x | 12.8 x | 8.26 x | 4.73 x |
| EV / EBITDA | 35.3 x | 42.2 x | 71.5 x | 17.8 x | 8.41 x |
| EV / FCF | -2.84 x | -3.35 x | -2.05 x | -5.92 x | -31.7 x |
| FCF Yield | -35.2% | -29.9% | -48.8% | -16.9% | -3.15% |
| Price to Book | - | 0.88 x | 0.78 x | 0.74 x | 0.68 x |
| Nbr of stocks (in thousands) | 64,314 | 64,314 | 112,314 | 112,314 | - |
| Reference price 3 | 33.90 | 27.65 | 22.30 | 22.30 | 22.30 |
| Announcement Date | 15/02/22 | 24/02/23 | 29/02/24 | - | - |
1NOK in Million2EUR in Million3NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 24.42 | 28.42 | 39.37 | 68.84 | 127.3 |
| EBITDA 1 | - | 6.982 | 6.569 | 7.02 | 31.87 | 71.66 |
| EBIT 1 | - | 3.813 | 3.374 | -0.19 | 18.4 | 49.66 |
| Operating Margin | - | 15.62% | 11.87% | -0.48% | 26.73% | 38.99% |
| Earnings before Tax (EBT) 1 | - | 2.242 | 1.935 | -3.868 | 8.146 | 28.92 |
| Net income 1 | 3.013 | 2.242 | 1.935 | -3.868 | 8.053 | 28.84 |
| Net margin | - | 9.18% | 6.81% | -9.83% | 11.7% | 22.65% |
| EPS 2 | 0.3088 | 0.3526 | 0.3287 | -0.4591 | 0.5400 | 2.929 |
| Free Cash Flow 1 | - | -86.71 | -82.79 | -245 | -96 | -19 |
| FCF margin | - | -355.14% | -291.25% | -622.4% | -139.45% | -14.92% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 06/09/21 | 15/02/22 | 24/02/23 | 29/02/24 | - | - |
1EUR 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 | - | 6.821 | 6.768 | 6.892 | 7.432 | 7.333 | 6.893 | 9.244 | 11.83 | 11.4 | 12 | 16.5 | 19 | 21 |
| EBITDA 1 | - | 1.18 | 1.904 | 1.833 | 1.424 | 1.408 | 0.673 | 2.718 | 4.853 | -1.224 | 2.5 | 8.5 | 10 | 10 |
| EBIT 1 | - | 0.378 | 1.088 | 1.031 | 0.63 | 0.626 | -0.1 | 0.936 | 2.547 | -3.573 | -0.5 | 5.5 | 6.5 | 6.5 |
| Operating Margin | - | 5.54% | 16.08% | 14.96% | 8.48% | 8.54% | -1.45% | 10.13% | 21.53% | -31.34% | -4.17% | 33.33% | 34.21% | 30.95% |
| Earnings before Tax (EBT) 1 | - | 0.274 | 0.782 | 0.567 | 0.398 | 0.187 | -0.433 | -0.199 | 1.845 | -5.082 | -0.5654 | 2.238 | 2.927 | 3.046 |
| Net income 1 | 0.395 | 0.274 | 0.7824 | 0.567 | 0.398 | 0.187 | -0.433 | -0.199 | 1.845 | -5.082 | -0.5541 | 2.213 | 2.899 | 2.995 |
| Net margin | - | 4.02% | 11.56% | 8.23% | 5.36% | 2.55% | -6.28% | -2.15% | 15.59% | -44.58% | -4.62% | 13.41% | 15.26% | 14.26% |
| EPS 2 | 4.083 | 0.0431 | 0.0996 | 0.0985 | 0.1034 | 0.1096 | -0.1161 | - | 0.2372 | -0.5738 | -0.0570 | 0.2390 | 0.3150 | 0.3135 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 29/11/21 | 15/02/22 | 03/05/22 | 16/08/22 | 15/11/22 | 24/02/23 | 12/05/23 | 16/08/23 | 14/11/23 | 29/02/24 | - | - | - | - |
1EUR in Million2NOK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 28.1 | 108 | 252 | 356 | 390 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 4.02 x | 16.4 x | 35.88 x | 11.17 x | 5.441 x |
| Free Cash Flow 1 | - | -86.7 | -82.8 | -245 | -96 | -19 |
| ROE (net income / shareholders' equity) | - | 1.81% | 1.05% | -1.65% | 2.7% | 9.42% |
| ROA (Net income/ Total Assets) | - | 0.98% | 0.59% | -0.83% | - | 3.9% |
| Assets 1 | - | 228.5 | 328.4 | 466.7 | - | 739.6 |
| Book Value Per Share 2 | - | - | 31.30 | 32.10 | 30.00 | 32.90 |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex 1 | - | 93.5 | 92 | 232 | 118 | 84 |
| Capex / Sales | - | 382.85% | 323.7% | 589.12% | 171.26% | 65.94% |
| Announcement Date | 06/09/21 | 15/02/22 | 24/02/23 | 29/02/24 | - | - |
1EUR 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
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
22.3
NOK
Average target price
32.75
NOK
Spread / Average Target
+46.86%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -10.80% | 227M | |
| +24.30% | 31.49B | |
| +21.02% | 23.83B | |
| -14.91% | 23.03B | |
| -3.80% | 12.27B | |
| +4.34% | 10.85B | |
| +45.92% | 9.64B | |
| +3.71% | 9.39B | |
| +3.13% | 7.96B | |
| -22.98% | 7.55B |
- Stock Market
- Equities
- EWIND Stock
- Financials Edda Wind ASA
