BOUVET ASA (BOUV.OL) Stock Fundamental Analysis
OSL:BOUV - Euronext Oslo - NO0010360266 - Common Stock - Currency: NOK
Taking everything into account, BOUV scores 6 out of 10 in our fundamental rating. BOUV was compared to 70 industry peers in the IT Services industry. While BOUV belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BOUV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BOUV had positive earnings in the past year.
BOUV had a positive operating cash flow in the past year.
Each year in the past 5 years BOUV has been profitable.
BOUV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BOUV has a Return On Assets of 21.33%. This is amongst the best in the industry. BOUV outperforms 98.67% of its industry peers.
Looking at the Return On Equity, with a value of 82.64%, BOUV belongs to the top of the industry, outperforming 98.67% of the companies in the same industry.
BOUV's Return On Invested Capital of 53.56% is amongst the best of the industry. BOUV outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.33% | ||
| ROE | 82.64% | ||
| ROIC | 53.56% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 9.80%, BOUV belongs to the best of the industry, outperforming 92.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BOUV has grown nicely.
With an excellent Operating Margin value of 12.50%, BOUV belongs to the best of the industry, outperforming 88.00% of the companies in the same industry.
BOUV's Operating Margin has been stable in the last couple of years.
The Gross Margin of BOUV (91.71%) is better than 85.33% of its industry peers.
In the last couple of years the Gross Margin of BOUV has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.5% | ||
| PM (TTM) | 9.8% | ||
| GM | 91.71% |
OM growth 3Y-0.3%
OM growth 5Y0.32%
PM growth 3Y-0.25%
PM growth 5Y2.96%
GM growth 3Y1.64%
GM growth 5Y0.97%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BOUV is creating value.
BOUV has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
The Debt to FCF ratio of BOUV is 0.38, which is an excellent value as it means it would take BOUV, only 0.38 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.38, BOUV belongs to the top of the industry, outperforming 94.67% of the companies in the same industry.
BOUV has a Debt/Equity ratio of 0.52. This is a neutral value indicating BOUV is somewhat dependend on debt financing.
The Debt to Equity ratio of BOUV (0.52) is comparable to the rest of the industry.
Although BOUV does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 0.38 | ||
| Altman-Z | N/A |
ROIC/WACC6.35
WACC8.43%
2.3 Liquidity
A Current Ratio of 1.23 indicates that BOUV should not have too much problems paying its short term obligations.
BOUV has a Current ratio (1.23) which is comparable to the rest of the industry.
BOUV has a Quick Ratio of 1.20. This is a normal value and indicates that BOUV is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.20, BOUV is doing good in the industry, outperforming 62.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
BOUV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.03%, which is quite good.
BOUV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.16% yearly.
BOUV shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.22%.
The Revenue has been growing by 12.96% on average over the past years. This is quite good.
EPS 1Y (TTM)18.03%
EPS 3Y13.1%
EPS 5Y16.16%
EPS Q2Q%9.12%
Revenue 1Y (TTM)11.22%
Revenue growth 3Y13.32%
Revenue growth 5Y12.96%
Sales Q2Q%5.8%
3.2 Future
Based on estimates for the next years, BOUV will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.87% on average per year.
BOUV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.60% yearly.
EPS Next Y6.89%
EPS Next 2Y10.16%
EPS Next 3Y18.87%
EPS Next 5YN/A
Revenue Next Year7.91%
Revenue Next 2Y9.58%
Revenue Next 3Y9.6%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.84, which indicates a rather expensive current valuation of BOUV.
Compared to the rest of the industry, the Price/Earnings ratio of BOUV is on the same level as its industry peers.
BOUV is valuated rather cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
BOUV is valuated rather expensively with a Price/Forward Earnings ratio of 17.62.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BOUV is on the same level as its industry peers.
BOUV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.84 | ||
| Fwd PE | 17.62 |
4.2 Price Multiples
BOUV's Enterprise Value to EBITDA ratio is in line with the industry average.
BOUV's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BOUV is cheaper than 72.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.17 | ||
| EV/EBITDA | 11.59 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BOUV does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of BOUV may justify a higher PE ratio.
BOUV's earnings are expected to grow with 18.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.88
PEG (5Y)1.23
EPS Next 2Y10.16%
EPS Next 3Y18.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.55%, BOUV is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.29, BOUV pays a better dividend. On top of this BOUV pays more dividend than 88.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, BOUV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.55% |
5.2 History
The dividend of BOUV is nicely growing with an annual growth rate of 29.09%!
Dividend Growth(5Y)29.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BOUV pays out 97.28% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BOUV is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP97.28%
EPS Next 2Y10.16%
EPS Next 3Y18.87%
OSL:BOUV (3/7/2025, 7:00:00 PM)
73.2
+1.1 (+1.53%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners45.29%
Inst Owner ChangeN/A
Ins Owners5.87%
Ins Owner ChangeN/A
Market Cap7.60B
Analysts78
Price Target83.64 (14.26%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.55% |
Yearly Dividend3.05
Dividend Growth(5Y)29.09%
DP97.28%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)-4.37%
Min Revenue beat(2)-6.73%
Max Revenue beat(2)-2.01%
Revenue beat(4)1
Avg Revenue beat(4)-3.29%
Min Revenue beat(4)-6.73%
Max Revenue beat(4)0.02%
Revenue beat(8)3
Avg Revenue beat(8)-0.29%
Revenue beat(12)5
Avg Revenue beat(12)-0.35%
Revenue beat(16)7
Avg Revenue beat(16)-0.4%
PT rev (1m)2.5%
PT rev (3m)6.49%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.1%
EPS NY rev (3m)-3.42%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.76%
Revenue NY rev (3m)-3.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.84 | ||
| Fwd PE | 17.62 | ||
| P/S | 1.94 | ||
| P/FCF | 9.17 | ||
| P/OCF | 8.78 | ||
| P/B | 16.35 | ||
| P/tB | 19.75 | ||
| EV/EBITDA | 11.59 |
EPS(TTM)3.69
EY5.04%
EPS(NY)4.15
Fwd EY5.67%
FCF(TTM)7.98
FCFY10.9%
OCF(TTM)8.33
OCFY11.39%
SpS37.78
BVpS4.48
TBVpS3.71
PEG (NY)2.88
PEG (5Y)1.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.33% | ||
| ROE | 82.64% | ||
| ROCE | 68.75% | ||
| ROIC | 53.56% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 12.5% | ||
| PM (TTM) | 9.8% | ||
| GM | 91.71% | ||
| FCFM | 21.13% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-0.3%
OM growth 5Y0.32%
PM growth 3Y-0.25%
PM growth 5Y2.96%
GM growth 3Y1.64%
GM growth 5Y0.97%
F-Score9
Asset Turnover2.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 0.38 | ||
| Debt/EBITDA | 0.4 | ||
| Cap/Depr | 30.35% | ||
| Cap/Sales | 0.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 141.67% | ||
| Profit Quality | 215.69% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | N/A |
F-Score9
WACC8.43%
ROIC/WACC6.35
Cap/Depr(3y)45.16%
Cap/Depr(5y)44.49%
Cap/Sales(3y)1.24%
Cap/Sales(5y)1.21%
Profit Quality(3y)149.76%
Profit Quality(5y)145.03%
High Growth Momentum
Growth
EPS 1Y (TTM)18.03%
EPS 3Y13.1%
EPS 5Y16.16%
EPS Q2Q%9.12%
EPS Next Y6.89%
EPS Next 2Y10.16%
EPS Next 3Y18.87%
EPS Next 5YN/A
Revenue 1Y (TTM)11.22%
Revenue growth 3Y13.32%
Revenue growth 5Y12.96%
Sales Q2Q%5.8%
Revenue Next Year7.91%
Revenue Next 2Y9.58%
Revenue Next 3Y9.6%
Revenue Next 5YN/A
EBIT growth 1Y20.48%
EBIT growth 3Y12.97%
EBIT growth 5Y13.33%
EBIT Next Year34.25%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y76.52%
FCF growth 3Y45.96%
FCF growth 5Y26.91%
OCF growth 1Y66.05%
OCF growth 3Y42.6%
OCF growth 5Y25.57%