BORGESTAD ASA (BOR.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:BOR • NO0013256180
18.1 NOK
0 (0%)
Last: Feb 4, 2026, 09:06 AM
Overall BOR gets a fundamental rating of 3 out of 10. We evaluated BOR against 13 industry peers in the Construction Materials industry. BOR may be in some trouble as it scores bad on both profitability and health. BOR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- BOR had positive earnings in the past year.
- BOR had a positive operating cash flow in the past year.
- BOR had negative earnings in 4 of the past 5 years.
- In multiple years BOR reported negative operating cash flow during the last 5 years.
1.2 Ratios
- With a Return On Assets value of 0.46%, BOR is not doing good in the industry: 76.92% of the companies in the same industry are doing better.
- With a Return On Equity value of 1.02%, BOR is not doing good in the industry: 76.92% of the companies in the same industry are doing better.
- BOR has a Return On Invested Capital (5.48%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BOR is below the industry average of 7.91%.
- The 3 year average ROIC (5.31%) for BOR is below the current ROIC(5.48%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 1.02% | ||
| ROIC | 5.48% |
ROA(3y)-3.66%
ROA(5y)-4.69%
ROE(3y)-10.93%
ROE(5y)-18.62%
ROIC(3y)5.31%
ROIC(5y)4.22%
1.3 Margins
- The Profit Margin of BOR (0.62%) is worse than 76.92% of its industry peers.
- BOR has a Operating Margin of 7.87%. This is in the lower half of the industry: BOR underperforms 69.23% of its industry peers.
- In the last couple of years the Operating Margin of BOR has grown nicely.
- BOR has a Gross Margin of 54.40%. This is comparable to the rest of the industry: BOR outperforms 53.85% of its industry peers.
- In the last couple of years the Gross Margin of BOR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.87% | ||
| PM (TTM) | 0.62% | ||
| GM | 54.4% |
OM growth 3Y18.21%
OM growth 5Y14.84%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.24%
GM growth 5Y-4.71%
2. Health
2.1 Basic Checks
- BOR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for BOR remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, BOR has more shares outstanding
- The debt/assets ratio for BOR has been reduced compared to a year ago.
2.2 Solvency
- BOR has an Altman-Z score of 1.57. This is a bad value and indicates that BOR is not financially healthy and even has some risk of bankruptcy.
- BOR's Altman-Z score of 1.57 is on the low side compared to the rest of the industry. BOR is outperformed by 84.62% of its industry peers.
- BOR has a debt to FCF ratio of 8.82. This is a slightly negative value and a sign of low solvency as BOR would need 8.82 years to pay back of all of its debts.
- BOR has a worse Debt to FCF ratio (8.82) than 76.92% of its industry peers.
- BOR has a Debt/Equity ratio of 0.63. This is a neutral value indicating BOR is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.63, BOR is not doing good in the industry: 92.31% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 8.82 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.72
WACC7.66%
2.3 Liquidity
- BOR has a Current Ratio of 1.49. This is a normal value and indicates that BOR is financially healthy and should not expect problems in meeting its short term obligations.
- BOR has a Current ratio of 1.49. This is comparable to the rest of the industry: BOR outperforms 46.15% of its industry peers.
- BOR has a Quick Ratio of 1.07. This is a normal value and indicates that BOR is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of BOR (1.07) is worse than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
- BOR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 114.01%, which is quite impressive.
- Looking at the last year, BOR shows a small growth in Revenue. The Revenue has grown by 2.45% in the last year.
- The Revenue has been growing slightly by 4.95% on average over the past years.
EPS 1Y (TTM)114.01%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%30.3%
Revenue 1Y (TTM)2.45%
Revenue growth 3Y7.29%
Revenue growth 5Y4.95%
Sales Q2Q%-1.76%
3.2 Future
- BOR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.96% yearly.
- Based on estimates for the next years, BOR will show a small growth in Revenue. The Revenue will grow by 1.20% on average per year.
EPS Next Y-53.45%
EPS Next 2Y57.15%
EPS Next 3Y34.96%
EPS Next 5YN/A
Revenue Next Year-3.56%
Revenue Next 2Y0.25%
Revenue Next 3Y1.2%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 23.21, which indicates a rather expensive current valuation of BOR.
- The rest of the industry has a similar Price/Earnings ratio as BOR.
- BOR's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.18.
- The Price/Forward Earnings ratio is 5.73, which indicates a rather cheap valuation of BOR.
- 100.00% of the companies in the same industry are more expensive than BOR, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.51. BOR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.21 | ||
| Fwd PE | 5.73 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BOR is valued a bit more expensive than 61.54% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BOR indicates a somewhat cheap valuation: BOR is cheaper than 69.23% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.01 | ||
| EV/EBITDA | 7.79 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as BOR's earnings are expected to grow with 34.96% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y57.15%
EPS Next 3Y34.96%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.44%, BOR is a good candidate for dividend investing.
- BOR's Dividend Yield is rather good when compared to the industry average which is at 2.75. BOR pays more dividend than 84.62% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, BOR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.44% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y57.15%
EPS Next 3Y34.96%
OSL:BOR (2/4/2026, 9:06:42 AM)
18.1
0 (0%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)10-31 2025-10-31/bmo
Earnings (Next)02-26 2026-02-26
Inst Owners0.1%
Inst Owner ChangeN/A
Ins Owners8.32%
Ins Owner ChangeN/A
Market Cap634.59M
Revenue(TTM)1.17B
Net Income(TTM)7.02M
Analysts80
Price Target24.48 (35.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.44% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-432.57%
Min EPS beat(2)-807.21%
Max EPS beat(2)-57.92%
EPS beat(4)1
Avg EPS beat(4)-227.05%
Min EPS beat(4)-807.21%
Max EPS beat(4)8.91%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-7.55%
Min Revenue beat(2)-10.54%
Max Revenue beat(2)-4.56%
Revenue beat(4)2
Avg Revenue beat(4)-1.69%
Min Revenue beat(4)-10.54%
Max Revenue beat(4)8.29%
Revenue beat(8)5
Avg Revenue beat(8)3.3%
Revenue beat(12)8
Avg Revenue beat(12)5.18%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)280.65%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.21 | ||
| Fwd PE | 5.73 | ||
| P/S | 0.56 | ||
| P/FCF | 11.01 | ||
| P/OCF | 7.99 | ||
| P/B | 0.92 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 7.79 |
EPS(TTM)0.78
EY4.31%
EPS(NY)3.16
Fwd EY17.47%
FCF(TTM)1.64
FCFY9.09%
OCF(TTM)2.27
OCFY12.52%
SpS32.3
BVpS19.67
TBVpS16.42
PEG (NY)N/A
PEG (5Y)N/A
Graham Number18.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 1.02% | ||
| ROCE | 7.69% | ||
| ROIC | 5.48% | ||
| ROICexc | 6.06% | ||
| ROICexgc | 6.76% | ||
| OM | 7.87% | ||
| PM (TTM) | 0.62% | ||
| GM | 54.4% | ||
| FCFM | 5.09% |
ROA(3y)-3.66%
ROA(5y)-4.69%
ROE(3y)-10.93%
ROE(5y)-18.62%
ROIC(3y)5.31%
ROIC(5y)4.22%
ROICexc(3y)6.27%
ROICexc(5y)4.84%
ROICexgc(3y)7.08%
ROICexgc(5y)5.45%
ROCE(3y)7.14%
ROCE(5y)5.67%
ROICexgc growth 3Y21.15%
ROICexgc growth 5Y28.55%
ROICexc growth 3Y20.58%
ROICexc growth 5Y27.12%
OM growth 3Y18.21%
OM growth 5Y14.84%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.24%
GM growth 5Y-4.71%
F-Score4
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 8.82 | ||
| Debt/EBITDA | 3.52 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 64.11% | ||
| Profit Quality | 820.81% | ||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 1.57 |
F-Score4
WACC7.66%
ROIC/WACC0.72
Cap/Depr(3y)71.59%
Cap/Depr(5y)59.54%
Cap/Sales(3y)2.14%
Cap/Sales(5y)1.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)114.01%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%30.3%
EPS Next Y-53.45%
EPS Next 2Y57.15%
EPS Next 3Y34.96%
EPS Next 5YN/A
Revenue 1Y (TTM)2.45%
Revenue growth 3Y7.29%
Revenue growth 5Y4.95%
Sales Q2Q%-1.76%
Revenue Next Year-3.56%
Revenue Next 2Y0.25%
Revenue Next 3Y1.2%
Revenue Next 5YN/A
EBIT growth 1Y-31.12%
EBIT growth 3Y26.82%
EBIT growth 5Y20.53%
EBIT Next Year0%
EBIT Next 3Y23.98%
EBIT Next 5YN/A
FCF growth 1Y200.27%
FCF growth 3YN/A
FCF growth 5Y122.36%
OCF growth 1Y313.69%
OCF growth 3Y187.28%
OCF growth 5Y70.09%
BORGESTAD ASA / BOR.OL FAQ
Can you provide the ChartMill fundamental rating for BORGESTAD ASA?
ChartMill assigns a fundamental rating of 3 / 10 to BOR.OL.
Can you provide the valuation status for BORGESTAD ASA?
ChartMill assigns a valuation rating of 5 / 10 to BORGESTAD ASA (BOR.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for BORGESTAD ASA?
BORGESTAD ASA (BOR.OL) has a profitability rating of 2 / 10.
What are the PE and PB ratios of BORGESTAD ASA (BOR.OL) stock?
The Price/Earnings (PE) ratio for BORGESTAD ASA (BOR.OL) is 23.21 and the Price/Book (PB) ratio is 0.92.