BORREGAARD ASA (BRG.OL) Stock Fundamental Analysis
Europe - OSL:BRG - NO0010657505 - Common Stock
195.4 NOK
+2.6 (+1.35%)
BRG gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 66 industry peers in the Chemicals industry. BRG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. While showing a medium growth rate, BRG is valued expensive at the moment. With these ratings, BRG could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
BRG had positive earnings in the past year.
In the past year BRG had a positive cash flow from operations.
BRG had positive earnings in each of the past 5 years.
In the past 5 years BRG always reported a positive cash flow from operatings.
1.2 Ratios
BRG has a better Return On Assets (8.88%) than 87.88% of its industry peers.
BRG has a better Return On Equity (15.68%) than 86.36% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.96%, BRG belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
BRG had an Average Return On Invested Capital over the past 3 years of 13.82%. This is significantly above the industry average of 7.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.88% | ||
| ROE | 15.68% | ||
| ROIC | 12.96% |
ROA(3y)9.71%
ROA(5y)9%
ROE(3y)18.18%
ROE(5y)16.56%
ROIC(3y)13.82%
ROIC(5y)12.69%
1.3 Margins
Looking at the Profit Margin, with a value of 11.38%, BRG belongs to the top of the industry, outperforming 86.36% of the companies in the same industry.
In the last couple of years the Profit Margin of BRG has grown nicely.
BRG's Operating Margin of 17.31% is amongst the best of the industry. BRG outperforms 90.91% of its industry peers.
BRG's Operating Margin has improved in the last couple of years.
BRG has a Gross Margin of 54.61%. This is amongst the best in the industry. BRG outperforms 83.33% of its industry peers.
BRG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.31% | ||
| PM (TTM) | 11.38% | ||
| GM | 54.61% |
OM growth 3Y1.68%
OM growth 5Y9.36%
PM growth 3Y-3.22%
PM growth 5Y5.58%
GM growth 3Y1.15%
GM growth 5Y0.7%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BRG is still creating some value.
Compared to 1 year ago, BRG has about the same amount of shares outstanding.
Compared to 5 years ago, BRG has about the same amount of shares outstanding.
The debt/assets ratio for BRG has been reduced compared to a year ago.
2.2 Solvency
BRG has an Altman-Z score of 4.48. This indicates that BRG is financially healthy and has little risk of bankruptcy at the moment.
BRG's Altman-Z score of 4.48 is amongst the best of the industry. BRG outperforms 84.85% of its industry peers.
BRG has a debt to FCF ratio of 5.24. This is a neutral value as BRG would need 5.24 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.24, BRG is doing good in the industry, outperforming 74.24% of the companies in the same industry.
BRG has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
BRG has a better Debt to Equity ratio (0.31) than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.24 | ||
| Altman-Z | 4.48 |
ROIC/WACC1.61
WACC8.06%
2.3 Liquidity
BRG has a Current Ratio of 1.64. This is a normal value and indicates that BRG is financially healthy and should not expect problems in meeting its short term obligations.
BRG has a Current ratio (1.64) which is in line with its industry peers.
A Quick Ratio of 0.91 indicates that BRG may have some problems paying its short term obligations.
BRG's Quick ratio of 0.91 is on the low side compared to the rest of the industry. BRG is outperformed by 62.12% of its industry peers.
BRG does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.00% over the past year.
The Earnings Per Share has been growing by 14.62% on average over the past years. This is quite good.
BRG shows a small growth in Revenue. In the last year, the Revenue has grown by 7.33%.
Measured over the past years, BRG shows a quite strong growth in Revenue. The Revenue has been growing by 8.51% on average per year.
EPS 1Y (TTM)11%
EPS 3Y5.89%
EPS 5Y14.62%
EPS Q2Q%4.92%
Revenue 1Y (TTM)7.33%
Revenue growth 3Y9.48%
Revenue growth 5Y8.51%
Sales Q2Q%4.93%
3.2 Future
The Earnings Per Share is expected to grow by 14.15% on average over the next years. This is quite good.
BRG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.72% yearly.
EPS Next Y11.88%
EPS Next 2Y14.62%
EPS Next 3Y14.15%
EPS Next 5YN/A
Revenue Next Year2.6%
Revenue Next 2Y4.34%
Revenue Next 3Y5.3%
Revenue Next 5Y6.72%
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
BRG is valuated rather expensively with a Price/Earnings ratio of 22.00.
BRG's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.42. BRG is around the same levels.
Based on the Price/Forward Earnings ratio of 18.05, the valuation of BRG can be described as rather expensive.
BRG's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.94. BRG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22 | ||
| Fwd PE | 18.05 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BRG.
The rest of the industry has a similar Price/Free Cash Flow ratio as BRG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.75 | ||
| EV/EBITDA | 11.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BRG has an outstanding profitability rating, which may justify a higher PE ratio.
BRG's earnings are expected to grow with 14.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.85
PEG (5Y)1.5
EPS Next 2Y14.62%
EPS Next 3Y14.15%
5. Dividend
5.1 Amount
BRG has a Yearly Dividend Yield of 2.22%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.14, BRG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, BRG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
5.2 History
On average, the dividend of BRG grows each year by 10.80%, which is quite nice.
Dividend Growth(5Y)10.8%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BRG pays out 47.91% of its income as dividend. This is a bit on the high side, but may be sustainable.
BRG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP47.91%
EPS Next 2Y14.62%
EPS Next 3Y14.15%
OSL:BRG (10/20/2025, 3:08:04 PM)
195.4
+2.6 (+1.35%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners59.87%
Inst Owner ChangeN/A
Ins Owners0.46%
Ins Owner ChangeN/A
Market Cap19.54B
Analysts78.18
Price Target220.49 (12.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
Yearly Dividend3.76
Dividend Growth(5Y)10.8%
DP47.91%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.12%
Min EPS beat(2)-5.77%
Max EPS beat(2)12.01%
EPS beat(4)2
Avg EPS beat(4)-0.84%
Min EPS beat(4)-10.93%
Max EPS beat(4)12.01%
EPS beat(8)4
Avg EPS beat(8)0.03%
EPS beat(12)8
Avg EPS beat(12)2.99%
EPS beat(16)11
Avg EPS beat(16)3.03%
Revenue beat(2)2
Avg Revenue beat(2)2.41%
Min Revenue beat(2)1.94%
Max Revenue beat(2)2.88%
Revenue beat(4)3
Avg Revenue beat(4)0.82%
Min Revenue beat(4)-2.7%
Max Revenue beat(4)2.88%
Revenue beat(8)4
Avg Revenue beat(8)-0.75%
Revenue beat(12)5
Avg Revenue beat(12)-1.33%
Revenue beat(16)8
Avg Revenue beat(16)0.38%
PT rev (1m)-0.31%
PT rev (3m)0.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.17%
EPS NY rev (1m)-5.07%
EPS NY rev (3m)-4.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22 | ||
| Fwd PE | 18.05 | ||
| P/S | 2.51 | ||
| P/FCF | 41.75 | ||
| P/OCF | 16.03 | ||
| P/B | 3.46 | ||
| P/tB | 3.51 | ||
| EV/EBITDA | 11.24 |
EPS(TTM)8.88
EY4.54%
EPS(NY)10.83
Fwd EY5.54%
FCF(TTM)4.68
FCFY2.4%
OCF(TTM)12.19
OCFY6.24%
SpS77.74
BVpS56.44
TBVpS55.63
PEG (NY)1.85
PEG (5Y)1.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.88% | ||
| ROE | 15.68% | ||
| ROCE | 16.94% | ||
| ROIC | 12.96% | ||
| ROICexc | 13.11% | ||
| ROICexgc | 13.25% | ||
| OM | 17.31% | ||
| PM (TTM) | 11.38% | ||
| GM | 54.61% | ||
| FCFM | 6.02% |
ROA(3y)9.71%
ROA(5y)9%
ROE(3y)18.18%
ROE(5y)16.56%
ROIC(3y)13.82%
ROIC(5y)12.69%
ROICexc(3y)14.38%
ROICexc(5y)13.15%
ROICexgc(3y)14.56%
ROICexgc(5y)13.34%
ROCE(3y)18.07%
ROCE(5y)16.59%
ROICexcg growth 3Y1.2%
ROICexcg growth 5Y9.02%
ROICexc growth 3Y1.34%
ROICexc growth 5Y9.17%
OM growth 3Y1.68%
OM growth 5Y9.36%
PM growth 3Y-3.22%
PM growth 5Y5.58%
GM growth 3Y1.15%
GM growth 5Y0.7%
F-Score6
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 5.24 | ||
| Debt/EBITDA | 0.92 | ||
| Cap/Depr | 129.71% | ||
| Cap/Sales | 9.66% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.32% | ||
| Profit Quality | 52.88% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 4.48 |
F-Score6
WACC8.06%
ROIC/WACC1.61
Cap/Depr(3y)122.07%
Cap/Depr(5y)122.12%
Cap/Sales(3y)8.48%
Cap/Sales(5y)8.89%
Profit Quality(3y)58.92%
Profit Quality(5y)78.21%
High Growth Momentum
Growth
EPS 1Y (TTM)11%
EPS 3Y5.89%
EPS 5Y14.62%
EPS Q2Q%4.92%
EPS Next Y11.88%
EPS Next 2Y14.62%
EPS Next 3Y14.15%
EPS Next 5YN/A
Revenue 1Y (TTM)7.33%
Revenue growth 3Y9.48%
Revenue growth 5Y8.51%
Sales Q2Q%4.93%
Revenue Next Year2.6%
Revenue Next 2Y4.34%
Revenue Next 3Y5.3%
Revenue Next 5Y6.72%
EBIT growth 1Y9.08%
EBIT growth 3Y11.31%
EBIT growth 5Y18.67%
EBIT Next Year51.76%
EBIT Next 3Y22.24%
EBIT Next 5YN/A
FCF growth 1Y-22.9%
FCF growth 3Y-25.83%
FCF growth 5Y25.65%
OCF growth 1Y6.28%
OCF growth 3Y-9.29%
OCF growth 5Y8.91%