BORREGAARD ASA (BRG.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:BRG • NO0010657505
190.8 NOK
-3 (-1.55%)
Last: Feb 2, 2026, 04:19 PM
We assign a fundamental rating of 6 out of 10 to BRG. BRG was compared to 68 industry peers in the Chemicals industry. Both the health and profitability get an excellent rating, making BRG a very profitable company, without any liquidiy or solvency issues. BRG is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year BRG was profitable.
- BRG had a positive operating cash flow in the past year.
- BRG had positive earnings in each of the past 5 years.
- Each year in the past 5 years BRG had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 8.37%, BRG belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
- BRG's Return On Equity of 14.04% is amongst the best of the industry. BRG outperforms 80.88% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 11.81%, BRG belongs to the top of the industry, outperforming 91.18% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for BRG is significantly above the industry average of 6.72%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.37% | ||
| ROE | 14.04% | ||
| ROIC | 11.81% |
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
- BRG has a better Profit Margin (10.89%) than 83.82% of its industry peers.
- BRG's Profit Margin has improved in the last couple of years.
- BRG has a better Operating Margin (16.45%) than 89.71% of its industry peers.
- In the last couple of years the Operating Margin of BRG has grown nicely.
- BRG has a better Gross Margin (55.68%) than 83.82% of its industry peers.
- BRG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.45% | ||
| PM (TTM) | 10.89% | ||
| GM | 55.68% |
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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BRG is creating some value.
- The number of shares outstanding for BRG remains at a similar level compared to 1 year ago.
- BRG has about the same amout of shares outstanding than it did 5 years ago.
- The debt/assets ratio for BRG has been reduced compared to a year ago.
2.2 Solvency
- BRG has an Altman-Z score of 4.72. This indicates that BRG is financially healthy and has little risk of bankruptcy at the moment.
- BRG has a Altman-Z score of 4.72. This is amongst the best in the industry. BRG outperforms 86.76% of its industry peers.
- BRG has a debt to FCF ratio of 4.57. This is a neutral value as BRG would need 4.57 years to pay back of all of its debts.
- BRG has a Debt to FCF ratio of 4.57. This is amongst the best in the industry. BRG outperforms 82.35% of its industry peers.
- A Debt/Equity ratio of 0.29 indicates that BRG is not too dependend on debt financing.
- BRG has a better Debt to Equity ratio (0.29) than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 4.57 | ||
| Altman-Z | 4.72 |
ROIC/WACC1.46
WACC8.07%
2.3 Liquidity
- BRG has a Current Ratio of 1.82. 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 of 1.82. This is comparable to the rest of the industry: BRG outperforms 57.35% of its industry peers.
- A Quick Ratio of 0.98 indicates that BRG may have some problems paying its short term obligations.
- BRG's Quick ratio of 0.98 is in line compared to the rest of the industry. BRG outperforms 42.65% of its industry peers.
- The current and quick ratio evaluation for BRG is rather negative, while it does have 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 | 1.82 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
- BRG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.58%.
- BRG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.62% yearly.
- BRG shows a small growth in Revenue. In the last year, the Revenue has grown by 1.95%.
- The Revenue has been growing by 8.51% on average over the past years. This is quite good.
EPS 1Y (TTM)2.58%
EPS 3Y5.89%
EPS 5Y14.62%
EPS Q2Q%-21.6%
Revenue 1Y (TTM)1.95%
Revenue growth 3Y9.48%
Revenue growth 5Y8.51%
Sales Q2Q%-7.7%
3.2 Future
- The Earnings Per Share is expected to grow by 9.17% 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 4.90% yearly.
EPS Next Y11.13%
EPS Next 2Y13.75%
EPS Next 3Y13.24%
EPS Next 5Y9.17%
Revenue Next Year0.07%
Revenue Next 2Y2.99%
Revenue Next 3Y4.39%
Revenue Next 5Y4.9%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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 22.88.
- The rest of the industry has a similar Price/Earnings ratio as BRG.
- The average S&P500 Price/Earnings ratio is at 28.32. BRG is around the same levels.
- Based on the Price/Forward Earnings ratio of 17.89, the valuation of BRG can be described as rather expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as BRG.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, BRG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.88 | ||
| Fwd PE | 17.89 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as BRG.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BRG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.16 | ||
| EV/EBITDA | 11.65 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BRG does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of BRG may justify a higher PE ratio.
- A more expensive valuation may be justified as BRG's earnings are expected to grow with 13.24% in the coming years.
PEG (NY)2.05
PEG (5Y)1.56
EPS Next 2Y13.75%
EPS Next 3Y13.24%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.21%, BRG has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.28, BRG pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.83, BRG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.21% |
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
- 51.08% of the earnings are spent on dividend by BRG. This is a bit on the high side, but may be sustainable.
- The dividend of BRG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP51.08%
EPS Next 2Y13.75%
EPS Next 3Y13.24%
BORREGAARD ASA / BRG.OL FAQ
Can you provide the ChartMill fundamental rating for BORREGAARD ASA?
ChartMill assigns a fundamental rating of 6 / 10 to BRG.OL.
What is the valuation status of BORREGAARD ASA (BRG.OL) stock?
ChartMill assigns a valuation rating of 3 / 10 to BORREGAARD ASA (BRG.OL). This can be considered as Overvalued.
What is the profitability of BRG stock?
BORREGAARD ASA (BRG.OL) has a profitability rating of 9 / 10.
What are the PE and PB ratios of BORREGAARD ASA (BRG.OL) stock?
The Price/Earnings (PE) ratio for BORREGAARD ASA (BRG.OL) is 22.88 and the Price/Book (PB) ratio is 3.23.
Can you provide the financial health for BRG stock?
The financial health rating of BORREGAARD ASA (BRG.OL) is 7 / 10.