Financials Eiendomsspar

Equities

EISP

NO0003998700

Real Estate Development & Operations

End-of-day quote Norwegian OTC 23:00:00 12/05/2024 BST 5-day change 1st Jan Change
385 NOK -1.28% Intraday chart for Eiendomsspar -1.28% +6.94%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 14,763 17,883 15,152 15,365 10,768 11,900
Enterprise Value (EV) 1 20,316 25,978 21,487 22,893 20,227 21,543
P/E ratio 15.4 x 17.8 x 11.2 x 15.8 x 8.96 x 28.9 x
Yield 1.52% 0.65% 1.49% 1.48% 2.15% 2.78%
Capitalization / Revenue 8.85 x 10.2 x 38.3 x 16.4 x 4.65 x 15.3 x
EV / Revenue 12.2 x 14.8 x 54.4 x 24.4 x 8.73 x 27.7 x
EV / EBITDA 14 x 18 x 199 x 34.6 x 9.88 x 44.5 x
EV / FCF 196 x -216 x -34.4 x -22.5 x -46.5 x -55.4 x
FCF Yield 0.51% -0.46% -2.91% -4.45% -2.15% -1.81%
Price to Book 2.09 x 2.66 x 1.94 x 2.13 x 1.35 x 1.39 x
Nbr of stocks (in thousands) 38,952 35,765 34,831 33,770 33,131 33,056
Reference price 2 379.0 500.0 435.0 455.0 325.0 360.0
Announcement Date 26/03/19 06/04/20 22/03/21 30/03/23 30/03/23 02/04/24
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,668 1,760 395.1 936.6 2,318 778.5
EBITDA 1 1,451 1,441 108.1 660.8 2,048 483.9
EBIT 1 1,370 1,346 11.3 570.3 1,938 371.9
Operating Margin 82.08% 76.49% 2.86% 60.89% 83.63% 47.77%
Earnings before Tax (EBT) 1 1,194 1,261 1,426 1,096 1,553 523.5
Net income 1 960.1 1,006 1,374 981.1 1,204 413.5
Net margin 57.54% 57.12% 347.76% 104.75% 51.95% 53.11%
EPS 2 24.54 28.08 38.69 28.87 36.29 12.46
Free Cash Flow 1 103.5 -120.5 -625.5 -1,019 -434.9 -389
FCF margin 6.2% -6.85% -158.31% -108.75% -18.76% -49.97%
FCF Conversion (EBITDA) 7.13% - - - - -
FCF Conversion (Net income) 10.78% - - - - -
Dividend per Share 2 5.750 3.250 6.500 6.750 7.000 10.00
Announcement Date 26/03/19 06/04/20 22/03/21 30/03/23 30/03/23 02/04/24
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 5,554 8,095 6,335 7,528 9,460 9,643
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.827 x 5.618 x 58.61 x 11.39 x 4.62 x 19.93 x
Free Cash Flow 1 104 -121 -626 -1,019 -435 -389
ROE (net income / shareholders' equity) 14.1% 14.6% 18.9% 13.1% 15.8% 5%
ROA (Net income/ Total Assets) 6.42% 5.64% 0.04% 2.23% 6.86% 1.2%
Assets 1 14,961 17,834 3,066,964 43,905 17,542 34,603
Book Value Per Share 2 182.0 188.0 224.0 214.0 242.0 259.0
Cash Flow per Share 2 5.130 3.140 4.110 7.870 5.970 7.050
Capex 1 756 781 692 1,301 1,474 640
Capex / Sales 45.3% 44.34% 175.07% 138.86% 63.61% 82.25%
Announcement Date 26/03/19 06/04/20 22/03/21 30/03/23 30/03/23 02/04/24
1NOK in Million2NOK
Estimates
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