BORGESTAD ASA (BOR.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:BOR • NO0013256180
18.55 NOK
+0.65 (+3.63%)
Last: Feb 2, 2026, 12:23 PM
BOR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals 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.
- In the past year BOR had a positive cash flow from operations.
- In the past 5 years BOR reported 4 times negative net income.
- The reported operating cash flow has been mixed in the past 5 years: BOR reported negative operating cash flow in multiple years.
1.2 Ratios
- BOR has a worse Return On Assets (0.46%) than 76.92% of its industry peers.
- BOR has a Return On Equity of 1.02%. This is in the lower half of the industry: BOR underperforms 76.92% of its industry peers.
- With a Return On Invested Capital value of 5.48%, BOR perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
- 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
- BOR has a Profit Margin of 0.62%. This is in the lower half of the industry: BOR underperforms 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's Gross Margin of 54.40% is in line compared to the rest of the industry. BOR outperforms 53.85% of its industry peers.
- BOR's Gross Margin has declined in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BOR is destroying value.
- The number of shares outstanding for BOR remains at a similar level compared to 1 year ago.
- BOR has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for BOR has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.57, we must say that BOR is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.57, BOR is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
- The Debt to FCF ratio of BOR is 8.82, which is on the high side as it means it would take BOR, 8.82 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 8.82, BOR is doing worse than 76.92% of the companies in the same industry.
- BOR has a Debt/Equity ratio of 0.63. This is a neutral value indicating BOR is somewhat dependend on debt financing.
- The Debt to Equity ratio of BOR (0.63) is worse than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 8.82 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.72
WACC7.66%
2.3 Liquidity
- A Current Ratio of 1.49 indicates that BOR should not have too much problems paying 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
- The Earnings Per Share has grown by an impressive 114.01% over the past year.
- BOR shows a small growth in Revenue. In the last year, the Revenue has grown by 2.45%.
- 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
- Based on estimates for the next years, BOR will show a very strong growth in Earnings Per Share. The EPS will grow by 34.96% on average per year.
- The Revenue is expected to grow by 1.20% on average over the next years.
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
- BOR is valuated rather expensively with a Price/Earnings ratio of 23.78.
- Compared to the rest of the industry, the Price/Earnings ratio of BOR indicates a slightly more expensive valuation: BOR is more expensive than 61.54% of the companies listed in the same industry.
- BOR is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 5.87, the valuation of BOR can be described as very cheap.
- 100.00% of the companies in the same industry are more expensive than BOR, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, BOR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 5.87 |
4.2 Price Multiples
- BOR's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BOR is more expensive than 69.23% of the companies in the same industry.
- BOR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BOR is cheaper than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.28 | ||
| EV/EBITDA | 7.74 |
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%
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 23.78 and the Price/Book (PB) ratio is 0.94.