Market Closed -
London S.E.
15:20:00 01/07/2024 BST
|
5-day change
|
1st Jan Change
|
131.4
NOK
|
+1.55%
|
|
0.00%
|
+2.12%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
25,566
|
23,265
|
34,061
|
30,866
|
34,049
|
34,497
|
-
|
-
|
Enterprise Value (EV)
1 |
25,566
|
23,265
|
34,061
|
30,866
|
34,049
|
34,497
|
34,497
|
34,497
|
P/E ratio
|
8.18
x
|
14.6
x
|
11
x
|
9.37
x
|
7.92
x
|
8.29
x
|
8.06
x
|
7.95
x
|
Yield
|
5.5%
|
3.41%
|
4.5%
|
-
|
5.82%
|
6.41%
|
7.47%
|
8.64%
|
Capitalization / Revenue
|
3.92
x
|
3.73
x
|
5.05
x
|
4.38
x
|
3.89
x
|
3.56
x
|
3.31
x
|
3.15
x
|
EV / Revenue
|
3.92
x
|
3.73
x
|
5.05
x
|
4.38
x
|
3.89
x
|
3.56
x
|
3.31
x
|
3.15
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
1.11
x
|
0.95
x
|
1.34
x
|
-
|
1.12
x
|
1.07
x
|
0.98
x
|
0.97
x
|
Nbr of stocks (in thousands)
|
255,659
|
255,655
|
255,710
|
255,722
|
264,148
|
264,143
|
-
|
-
|
Reference price
2 |
100.0
|
91.00
|
133.2
|
120.7
|
128.9
|
130.6
|
130.6
|
130.6
|
Announcement Date
|
05/02/20
|
11/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,530
|
6,237
|
6,744
|
7,042
|
8,745
|
9,691
|
10,409
|
10,948
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
4,052
|
3,851
|
4,030
|
4,216
|
5,445
|
6,162
|
6,445
|
6,717
|
Operating Margin
|
62.05%
|
61.74%
|
59.76%
|
59.87%
|
62.26%
|
63.59%
|
61.92%
|
61.36%
|
Earnings before Tax (EBT)
1 |
3,817
|
1,821
|
3,838
|
4,211
|
5,677
|
6,068
|
6,064
|
6,532
|
Net income
1 |
3,084
|
1,503
|
3,089
|
3,293
|
4,300
|
4,540
|
4,605
|
4,899
|
Net margin
|
47.23%
|
24.1%
|
45.8%
|
46.76%
|
49.17%
|
46.85%
|
44.24%
|
44.75%
|
EPS
2 |
12.22
|
6.220
|
12.08
|
12.88
|
16.27
|
15.76
|
16.19
|
16.43
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
5.500
|
3.100
|
6.000
|
-
|
7.500
|
8.365
|
9.753
|
11.28
|
Announcement Date
|
05/02/20
|
11/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
1,804
|
1,631
|
1,671
|
1,726
|
2,013
|
1,927
|
2,055
|
2,103
|
2,659
|
2,359
|
2,442
|
2,359
|
2,796
|
3,260
|
3,350
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
1,049
|
936
|
969
|
1,050
|
1,262
|
1,166
|
1,238
|
1,317
|
1,724
|
1,533
|
1,596
|
1,537
|
1,706
|
2,057
|
2,131
|
Operating Margin
|
58.15%
|
57.39%
|
57.99%
|
60.83%
|
62.69%
|
60.51%
|
60.24%
|
62.62%
|
64.84%
|
64.99%
|
65.37%
|
65.13%
|
61.01%
|
63.1%
|
63.61%
|
Earnings before Tax (EBT)
1 |
1,073
|
921
|
1,021
|
1,044
|
1,225
|
1,131
|
1,336
|
1,396
|
1,815
|
1,498
|
1,438
|
1,532
|
1,704
|
1,992
|
2,040
|
Net income
1 |
871
|
734
|
775
|
809
|
975
|
846
|
1,028
|
1,008
|
1,448
|
1,124
|
1,053
|
1,148
|
1,281
|
1,470
|
1,509
|
Net margin
|
48.28%
|
45%
|
46.38%
|
46.87%
|
48.44%
|
43.9%
|
50.02%
|
47.93%
|
54.46%
|
47.65%
|
43.15%
|
48.66%
|
45.83%
|
45.1%
|
45.04%
|
EPS
2 |
3.410
|
2.870
|
3.030
|
3.160
|
3.810
|
3.310
|
3.900
|
3.940
|
5.480
|
4.260
|
4.034
|
4.342
|
4.078
|
3.916
|
4.020
|
Dividend per Share
2 |
6.000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
7.500
|
-
|
4.100
|
-
|
9.000
|
-
|
-
|
Announcement Date
|
09/02/22
|
05/05/22
|
18/08/22
|
26/10/22
|
08/02/23
|
04/05/23
|
09/08/23
|
26/10/23
|
08/02/24
|
25/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
14%
|
6.4%
|
12.6%
|
-
|
14.4%
|
14%
|
13.1%
|
12.4%
|
ROA (Net income/ Total Assets)
|
1.28%
|
0.55%
|
1.04%
|
-
|
1.26%
|
1.17%
|
1.14%
|
1.06%
|
Assets
1 |
241,844
|
273,273
|
295,740
|
-
|
340,109
|
387,456
|
405,148
|
462,778
|
Book Value Per Share
2 |
89.90
|
96.00
|
99.10
|
-
|
115.0
|
123.0
|
133.0
|
135.0
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
05/02/20
|
11/02/21
|
09/02/22
|
08/02/23
|
08/02/24
|
-
|
-
|
-
|
Last Close Price
130.6
NOK Average target price
153.6
NOK Spread / Average Target +17.61% Consensus |
1st Jan change
|
Capi.
|
---|
| +21.02% | 581B | | +18.39% | 311B | | +21.47% | 263B | | +24.09% | 187B | | +29.19% | 175B | | +8.72% | 158B | | -0.24% | 154B | | +8.69% | 150B | | +12.88% | 142B |
Other Banks
|