Financials Nordic Shipholding

Equities

NORDIC

DK0060083996

Oil Related Services and Equipment

Delayed Nasdaq Copenhagen 15:32:58 27/12/2023 GMT 5-day change 1st Jan Change
0.04 DKK -.--% Intraday chart for Nordic Shipholding -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 35.36 23.04 32.88 23.1 5.753 3.66
Enterprise Value (EV) 1 107.2 100.8 110.6 88.32 58.47 15.26
P/E ratio -8.71 x -0.95 x -8.1 x -1.4 x -1 x 1.31 x
Yield - - - - - -
Capitalization / Revenue 1.08 x 0.7 x 0.91 x 0.55 x 0.26 x 0.6 x
EV / Revenue 3.26 x 3.07 x 3.06 x 2.09 x 2.68 x 2.51 x
EV / EBITDA 16.1 x 55.6 x 16.2 x 6.37 x 1,392 x 10 x
EV / FCF 33.6 x -16 x 80.8 x -24.3 x -2.69 x 0.41 x
FCF Yield 2.97% -6.26% 1.24% -4.11% -37.2% 246%
Price to Book 0.99 x 1.95 x 4.16 x -2.7 x -0.4 x -0.32 x
Nbr of stocks (in thousands) 406,134 406,134 406,134 406,134 406,134 406,134
Reference price 2 0.0871 0.0567 0.0810 0.0569 0.0142 0.009011
Announcement Date 28/03/18 28/03/19 24/03/20 24/03/21 31/03/22 22/03/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 32.84 32.79 36.12 42.32 21.81 6.07
EBITDA 1 6.651 1.812 6.84 13.87 0.042 1.519
EBIT 1 -0.18 -4.808 1.524 8.426 -1.559 -0.082
Operating Margin -0.55% -14.66% 4.22% 19.91% -7.15% -1.35%
Earnings before Tax (EBT) 1 -3.564 -23.77 -3.896 -16.45 -5.763 2.797
Net income 1 -3.564 -23.77 -3.906 -16.45 -5.763 2.797
Net margin -10.85% -72.5% -10.81% -38.87% -26.42% 46.08%
EPS 2 -0.009999 -0.0600 -0.009999 -0.0405 -0.0142 0.006886
Free Cash Flow 1 3.187 -6.307 1.37 -3.628 -21.72 37.51
FCF margin 9.7% -19.24% 3.79% -8.57% -99.61% 617.93%
FCF Conversion (EBITDA) 47.92% - 20.03% - - 2,469.26%
FCF Conversion (Net income) - - - - - 1,341.01%
Dividend per Share - - - - - -
Announcement Date 28/03/18 28/03/19 24/03/20 24/03/21 31/03/22 22/03/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 71.8 77.8 77.8 65.2 52.7 11.6
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.79 x 42.91 x 11.37 x 4.703 x 1,255 x 7.639 x
Free Cash Flow 1 3.19 -6.31 1.37 -3.63 -21.7 37.5
ROE (net income / shareholders' equity) -9.48% -99.8% -39.6% 5,085% 50.4% -21.7%
ROA (Net income/ Total Assets) -0.1% -2.75% 0.94% 6.4% -1.76% -0.21%
Assets 1 3,720 863.4 -414.1 -257 326.8 -1,335
Book Value Per Share 2 0.0900 0.0300 0.0200 -0.0200 -0.0400 -0.0300
Cash Flow per Share 2 0.0100 0.0200 0.0100 0.0100 0.0100 0.0100
Capex 1 1.17 0.97 6.22 0.07 - -
Capex / Sales 3.56% 2.97% 17.22% 0.17% - -
Announcement Date 28/03/18 28/03/19 24/03/20 24/03/21 31/03/22 22/03/23
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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