Financials Green Minerals

Equities

GEM

NO0010907744

Construction Materials

Market Closed - Oslo Bors 15:45:00 16/05/2024 BST 5-day change 1st Jan Change
7.18 NOK +2.57% Intraday chart for Green Minerals +6.53% +20.47%

Valuation

Fiscal Period: December 2021 2023 2024 2025
Capitalization 1 107 101.3 101.3 -
Enterprise Value (EV) 1 87.89 72.34 -44.73 -18.73
P/E ratio -11.2 x -7.64 x -31.2 x 2.19 x
Yield - - - -
Capitalization / Revenue - 14,010 x - -
EV / Revenue - 12,057 x - -
EV / EBITDA -9.24 x -6.61 x 5.59 x 1.7 x
EV / FCF - -6.68 x 3.2 x 0.72 x
FCF Yield - -15% 31.3% 139%
Price to Book 5.76 x 7.34 x 1.44 x 0.87 x
Nbr of stocks (in thousands) 12,886 14,104 14,104 -
Reference price 2 8.300 7.180 7.180 7.180
Announcement Date 18/02/22 22/02/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - - - 0.006 - -
EBITDA 1 - -9.51 - -10.94 -8 -11
EBIT 1 - -9.51 - -10.94 -10 -27
Operating Margin - - - -182,283.33% - -
Earnings before Tax (EBT) 1 - -9.504 -11.26 -10.97 -9 131
Net income 1 -0.6008 -9.504 -11.26 -10.97 -7 102
Net margin - - - -182,766.67% - -
EPS 2 - -0.7400 - -0.7800 -0.2300 3.280
Free Cash Flow 1 - - - -10.84 -14 -26
FCF margin - - - -180,600% - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 23/03/21 18/02/22 17/02/23 22/02/24 - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - - - - - 0.006 - - - -
EBITDA 1 -2.326 -4.14 -1.016 -4.273 -1.658 -3.99 -1.91 -2 -2 -2
EBIT 1 -2.326 -4.14 -1.016 -4.273 -1.658 -3.99 -1.91 -2 -3 -3
Operating Margin - - - - - -66,500% - - - -
Earnings before Tax (EBT) 1 -2.31 -4.142 -1.052 -4.284 -1.64 -3.99 -1.911 -2 -2 -2
Net income 1 -2.31 -4.142 -1.052 -4.284 -1.64 -3.99 -1.911 -2 -2 -2
Net margin - - - - - -66,500% - - - -
EPS 2 -0.1800 -0.3200 - -0.3050 -0.1163 - - -0.0500 -0.0500 -0.0500
Dividend per Share - - - - - - - - - -
Announcement Date 18/02/22 20/05/22 25/05/23 17/08/23 03/11/23 22/02/24 14/05/24 - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - -
Net Cash position 1 - 19.1 - 11.7 146 120
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - - -10.8 -14 -26
ROE (net income / shareholders' equity) - -39.9% - - - 49.5%
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share 2 - 1.440 - 0.8100 5.000 8.300
Cash Flow per Share - - - - - -
Capex 1 - - - 1.31 9 144
Capex / Sales - - - 21,800% - -
Announcement Date 23/03/21 18/02/22 17/02/23 22/02/24 - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
7.18 NOK
Average target price
15 NOK
Spread / Average Target
+108.91%
Consensus
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