BORREGAARD ASA (BRG.OL) Stock Fundamental Analysis
OSL:BRG - Euronext Oslo - NO0010657505 - Common Stock - Currency: NOK
Taking everything into account, BRG scores 7 out of 10 in our fundamental rating. BRG was compared to 67 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. BRG is not valued too expensively and it also shows a decent growth rate. This makes BRG very considerable for quality investing!
1. Profitability
1.1 Basic Checks
BRG had positive earnings in the past year.
BRG had a positive operating cash flow in the past year.
Each year in the past 5 years BRG has been profitable.
BRG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BRG's Return On Assets of 8.81% is amongst the best of the industry. BRG outperforms 89.55% of its industry peers.
With an excellent Return On Equity value of 15.25%, BRG belongs to the best of the industry, outperforming 83.58% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 12.64%, BRG belongs to the top of the industry, outperforming 91.04% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BRG is significantly above the industry average of 6.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.81% | ||
| ROE | 15.25% | ||
| ROIC | 12.64% |
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's Profit Margin of 11.38% is amongst the best of the industry. BRG outperforms 88.06% of its industry peers.
In the last couple of years the Profit Margin of BRG has grown nicely.
The Operating Margin of BRG (17.48%) is better than 91.04% of its industry peers.
BRG's Operating Margin has improved in the last couple of years.
The Gross Margin of BRG (55.29%) is better than 85.07% of its industry peers.
In the last couple of years the Gross Margin of BRG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.48% | ||
| PM (TTM) | 11.38% | ||
| GM | 55.29% |
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
BRG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for BRG remains at a similar level compared to 1 year ago.
The number of shares outstanding for BRG remains at a similar level compared to 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 4.78. This indicates that BRG is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.78, BRG belongs to the top of the industry, outperforming 89.55% of the companies in the same industry.
The Debt to FCF ratio of BRG is 3.62, which is a good value as it means it would take BRG, 3.62 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BRG (3.62) is better than 86.57% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that BRG is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.33, BRG is doing good in the industry, outperforming 64.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.62 | ||
| Altman-Z | 4.78 |
ROIC/WACC1.55
WACC8.16%
2.3 Liquidity
BRG has a Current Ratio of 1.87. This is a normal value and indicates that BRG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.87, BRG perfoms like the industry average, outperforming 56.72% of the companies in the same industry.
BRG has a Quick Ratio of 1.05. 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 Quick ratio (1.05) which is in line with 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 | 1.87 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.41% over the past year.
Measured over the past years, BRG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.62% on average per year.
Looking at the last year, BRG shows a small growth in Revenue. The Revenue has grown by 5.80% in the last year.
BRG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.51% yearly.
EPS 1Y (TTM)4.41%
EPS 3Y5.89%
EPS 5Y14.62%
EPS Q2Q%26%
Revenue 1Y (TTM)5.8%
Revenue growth 3Y9.48%
Revenue growth 5Y8.51%
Sales Q2Q%3.09%
3.2 Future
The Earnings Per Share is expected to grow by 15.08% on average over the next years. This is quite good.
Based on estimates for the next years, BRG will show a small growth in Revenue. The Revenue will grow by 6.72% on average per year.
EPS Next Y17.7%
EPS Next 2Y17.24%
EPS Next 3Y15.08%
EPS Next 5YN/A
Revenue Next Year4.39%
Revenue Next 2Y4.85%
Revenue Next 3Y5.49%
Revenue Next 5Y6.72%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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 23.17.
Compared to the rest of the industry, the Price/Earnings ratio of BRG is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.41. BRG is around the same levels.
The Price/Forward Earnings ratio is 17.92, which indicates a rather expensive current valuation of BRG.
The rest of the industry has a similar Price/Forward Earnings ratio as BRG.
BRG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.19, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.17 | ||
| Fwd PE | 17.92 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BRG is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as BRG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.67 | ||
| EV/EBITDA | 11.78 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of BRG may justify a higher PE ratio.
BRG's earnings are expected to grow with 15.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.31
PEG (5Y)1.58
EPS Next 2Y17.24%
EPS Next 3Y15.08%
5. Dividend
5.1 Amount
BRG has a Yearly Dividend Yield of 2.10%.
BRG's Dividend Yield is a higher than the industry average which is at 2.99.
Compared to an average S&P500 Dividend Yield of 2.35, BRG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.1% |
5.2 History
The dividend of BRG is nicely growing with an annual growth rate of 10.80%!
Dividend Growth(5Y)10.8%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
42.79% 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 earnings are growing more, so the dividend growth is sustainable.
DP42.79%
EPS Next 2Y17.24%
EPS Next 3Y15.08%
OSL:BRG (7/14/2025, 4:19:54 PM)
203
-1 (-0.49%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners58.47%
Inst Owner ChangeN/A
Ins Owners0.46%
Ins Owner ChangeN/A
Market Cap20.30B
Analysts81.82
Price Target218.79 (7.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.1% |
Yearly Dividend3.76
Dividend Growth(5Y)10.8%
DP42.79%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.54%
Min EPS beat(2)-10.93%
Max EPS beat(2)12.01%
EPS beat(4)2
Avg EPS beat(4)-1.22%
Min EPS beat(4)-10.93%
Max EPS beat(4)12.01%
EPS beat(8)5
Avg EPS beat(8)1.88%
EPS beat(12)9
Avg EPS beat(12)4.21%
EPS beat(16)12
Avg EPS beat(16)6.03%
Revenue beat(2)2
Avg Revenue beat(2)2.02%
Min Revenue beat(2)1.16%
Max Revenue beat(2)2.88%
Revenue beat(4)2
Avg Revenue beat(4)-1.24%
Min Revenue beat(4)-6.3%
Max Revenue beat(4)2.88%
Revenue beat(8)3
Avg Revenue beat(8)-1.25%
Revenue beat(12)4
Avg Revenue beat(12)-1.49%
Revenue beat(16)8
Avg Revenue beat(16)0.81%
PT rev (1m)0%
PT rev (3m)-11%
EPS NQ rev (1m)-3.93%
EPS NQ rev (3m)-7.88%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.25%
Revenue NQ rev (1m)-1.04%
Revenue NQ rev (3m)-4.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.17 | ||
| Fwd PE | 17.92 | ||
| P/S | 2.64 | ||
| P/FCF | 31.67 | ||
| P/OCF | 14.71 | ||
| P/B | 3.54 | ||
| P/tB | 3.59 | ||
| EV/EBITDA | 11.78 |
EPS(TTM)8.76
EY4.32%
EPS(NY)11.33
Fwd EY5.58%
FCF(TTM)6.41
FCFY3.16%
OCF(TTM)13.8
OCFY6.8%
SpS76.78
BVpS57.33
TBVpS56.48
PEG (NY)1.31
PEG (5Y)1.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.81% | ||
| ROE | 15.25% | ||
| ROCE | 16.52% | ||
| ROIC | 12.64% | ||
| ROICexc | 12.94% | ||
| ROICexgc | 13.08% | ||
| OM | 17.48% | ||
| PM (TTM) | 11.38% | ||
| GM | 55.29% | ||
| FCFM | 8.35% |
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-Score7
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 3.62 | ||
| Debt/EBITDA | 0.99 | ||
| Cap/Depr | 129.42% | ||
| Cap/Sales | 9.62% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 72.14% | ||
| Profit Quality | 73.34% | ||
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 4.78 |
F-Score7
WACC8.16%
ROIC/WACC1.55
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)4.41%
EPS 3Y5.89%
EPS 5Y14.62%
EPS Q2Q%26%
EPS Next Y17.7%
EPS Next 2Y17.24%
EPS Next 3Y15.08%
EPS Next 5YN/A
Revenue 1Y (TTM)5.8%
Revenue growth 3Y9.48%
Revenue growth 5Y8.51%
Sales Q2Q%3.09%
Revenue Next Year4.39%
Revenue Next 2Y4.85%
Revenue Next 3Y5.49%
Revenue Next 5Y6.72%
EBIT growth 1Y4.93%
EBIT growth 3Y11.31%
EBIT growth 5Y18.67%
EBIT Next Year56.35%
EBIT Next 3Y22.2%
EBIT Next 5YN/A
FCF growth 1Y47.7%
FCF growth 3Y-25.83%
FCF growth 5Y25.65%
OCF growth 1Y50.33%
OCF growth 3Y-9.29%
OCF growth 5Y8.91%