NORSKE SKOG ASA (NSKOG.OL) Stock Fundamental Analysis
OSL:NSKOG - Euronext Oslo - NO0010861115 - Common Stock - Currency: NOK
NSKOG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 9 industry peers in the Paper & Forest Products industry. NSKOG has a bad profitability rating. Also its financial health evaluation is rather negative. NSKOG does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year NSKOG has reported negative net income.
In multiple years NSKOG reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: NSKOG reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of -6.78%, NSKOG is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
With a Return On Equity value of -18.22%, NSKOG is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
NSKOG has a Return On Invested Capital of 1.23%. This is in the lower half of the industry: NSKOG underperforms 60.00% of its industry peers.
NSKOG had an Average Return On Invested Capital over the past 3 years of 10.71%. This is above the industry average of 5.86%.
The last Return On Invested Capital (1.23%) for NSKOG is well below the 3 year average (10.71%), which needs to be investigated, but indicates that NSKOG had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.78% | ||
| ROE | -18.22% | ||
| ROIC | 1.23% |
ROA(3y)5.12%
ROA(5y)-2.56%
ROE(3y)11.03%
ROE(5y)-7.4%
ROIC(3y)10.71%
ROIC(5y)7.39%
1.3 Margins
With a Operating Margin value of 1.52%, NSKOG is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
NSKOG's Operating Margin has declined in the last couple of years.
NSKOG has a Gross Margin (36.00%) which is comparable to the rest of the industry.
NSKOG's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.52% | ||
| PM (TTM) | N/A | ||
| GM | 36% |
OM growth 3Y8.66%
OM growth 5Y-20.59%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y-1.83%
2. Health
2.1 Basic Checks
Compared to 1 year ago, NSKOG has about the same amount of shares outstanding.
NSKOG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NSKOG is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.64, we must say that NSKOG is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.64, NSKOG is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
NSKOG has a Debt/Equity ratio of 0.83. This is a neutral value indicating NSKOG is somewhat dependend on debt financing.
NSKOG has a Debt to Equity ratio of 0.83. This is in the lower half of the industry: NSKOG underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.64 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.24 indicates that NSKOG should not have too much problems paying its short term obligations.
NSKOG's Current ratio of 1.24 is in line compared to the rest of the industry. NSKOG outperforms 50.00% of its industry peers.
A Quick Ratio of 0.85 indicates that NSKOG may have some problems paying its short term obligations.
NSKOG has a Quick ratio of 0.85. This is comparable to the rest of the industry: NSKOG outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
NSKOG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -338.61%.
Looking at the last year, NSKOG shows a decrease in Revenue. The Revenue has decreased by -9.79% in the last year.
Measured over the past years, NSKOG shows a decrease in Revenue. The Revenue has been decreasing by -5.42% on average per year.
EPS 1Y (TTM)-338.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-285.26%
Revenue 1Y (TTM)-9.79%
Revenue growth 3Y-2.13%
Revenue growth 5Y-5.42%
Sales Q2Q%-12.82%
3.2 Future
Based on estimates for the next years, NSKOG will show a very strong growth in Earnings Per Share. The EPS will grow by 51.69% on average per year.
The Revenue is expected to grow by 5.10% on average over the next years.
EPS Next Y110.91%
EPS Next 2Y28.99%
EPS Next 3Y51.69%
EPS Next 5YN/A
Revenue Next Year7.58%
Revenue Next 2Y8.91%
Revenue Next 3Y5.1%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
NSKOG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 51.19, which means the current valuation is very expensive for NSKOG.
NSKOG's Price/Forward Earnings is on the same level as the industry average.
NSKOG is valuated expensively 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 | N/A | ||
| Fwd PE | 51.19 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NSKOG's earnings are expected to grow with 51.69% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y28.99%
EPS Next 3Y51.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.65%, NSKOG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.21, NSKOG is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.33, NSKOG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
5.2 History
The dividend of NSKOG decreases each year by -52.50%.
Dividend Growth(5Y)-52.5%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y28.99%
EPS Next 3Y51.69%
OSL:NSKOG (3/7/2025, 7:00:00 PM)
24.08
+0.18 (+0.75%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryPaper & Forest Products
Earnings (Last)
Earnings (Next)
Inst Owners26.82%
Inst Owner ChangeN/A
Ins Owners20.62%
Ins Owner ChangeN/A
Market Cap2.04B
Analysts83.64
Price Target29.58 (22.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
Yearly Dividend0
Dividend Growth(5Y)-52.5%
DPN/A
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)-19.16%
Min Revenue beat(2)-26.65%
Max Revenue beat(2)-11.67%
Revenue beat(4)0
Avg Revenue beat(4)-18.58%
Min Revenue beat(4)-26.65%
Max Revenue beat(4)-11.67%
Revenue beat(8)0
Avg Revenue beat(8)-14.65%
Revenue beat(12)1
Avg Revenue beat(12)-10.89%
Revenue beat(16)3
Avg Revenue beat(16)-8.46%
PT rev (1m)13.73%
PT rev (3m)-4.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.92%
EPS NY rev (1m)118.38%
EPS NY rev (3m)154.04%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-17.22%
Revenue NY rev (3m)-17.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 51.19 | ||
| P/S | 0.19 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.38 | ||
| P/tB | 0.38 | ||
| EV/EBITDA | N/A |
EPS(TTM)-11.56
EYN/A
EPS(NY)0.47
Fwd EY1.95%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS125.32
BVpS63.46
TBVpS63.33
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.78% | ||
| ROE | -18.22% | ||
| ROCE | 1.49% | ||
| ROIC | 1.23% | ||
| ROICexc | 1.38% | ||
| ROICexgc | 1.38% | ||
| OM | 1.52% | ||
| PM (TTM) | N/A | ||
| GM | 36% | ||
| FCFM | N/A |
ROA(3y)5.12%
ROA(5y)-2.56%
ROE(3y)11.03%
ROE(5y)-7.4%
ROIC(3y)10.71%
ROIC(5y)7.39%
ROICexc(3y)13.95%
ROICexc(5y)9.58%
ROICexgc(3y)13.97%
ROICexgc(5y)9.6%
ROCE(3y)12.91%
ROCE(5y)8.91%
ROICexcg growth 3Y-14.79%
ROICexcg growth 5Y-29.96%
ROICexc growth 3Y-14.7%
ROICexc growth 5Y-29.89%
OM growth 3Y8.66%
OM growth 5Y-20.59%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y-1.83%
F-ScoreN/A
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 0.64 |
F-ScoreN/A
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-338.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-285.26%
EPS Next Y110.91%
EPS Next 2Y28.99%
EPS Next 3Y51.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.79%
Revenue growth 3Y-2.13%
Revenue growth 5Y-5.42%
Sales Q2Q%-12.82%
Revenue Next Year7.58%
Revenue Next 2Y8.91%
Revenue Next 3Y5.1%
Revenue Next 5YN/A
EBIT growth 1Y-90.05%
EBIT growth 3Y6.35%
EBIT growth 5Y-24.89%
EBIT Next Year760.11%
EBIT Next 3Y161.18%
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A