NORSKE SKOG ASA (NSKOG.OL) Stock Fundamental Analysis

OSL:NSKOG • NO0010861115

21.65 NOK
+0.05 (+0.23%)
Last: Feb 13, 2026, 04:18 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

2

NSKOG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 12 industry peers in the Paper & Forest Products industry. NSKOG has a bad profitability rating. Also its financial health evaluation is rather negative. NSKOG has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year NSKOG has reported negative net income.
  • In the past year NSKOG has reported a negative cash flow from operations.
  • The reported net income has been mixed in the past 5 years: NSKOG reported negative net income in multiple years.
  • The reported operating cash flow has been mixed in the past 5 years: NSKOG reported negative operating cash flow in multiple years.
NSKOG.OL Yearly Net Income VS EBIT VS OCF VS FCFNSKOG.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B

1.2 Ratios

  • NSKOG has a worse Return On Assets (-2.98%) than 75.00% of its industry peers.
  • The Return On Equity of NSKOG (-7.13%) is worse than 75.00% of its industry peers.
  • NSKOG has a worse Return On Invested Capital (2.51%) than 66.67% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for NSKOG is above the industry average of 5.34%.
  • The 3 year average ROIC (7.92%) for NSKOG is well above the current ROIC(2.51%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA -2.98%
ROE -7.13%
ROIC 2.51%
ROA(3y)6.63%
ROA(5y)-1.66%
ROE(3y)15.08%
ROE(5y)-4.97%
ROIC(3y)7.92%
ROIC(5y)5.72%
NSKOG.OL Yearly ROA, ROE, ROICNSKOG.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200

1.3 Margins

  • With a Operating Margin value of 3.45%, NSKOG is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
  • In the last couple of years the Operating Margin of NSKOG has declined.
  • The Gross Margin of NSKOG (34.35%) is comparable to the rest of the industry.
  • NSKOG's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 3.45%
PM (TTM) N/A
GM 34.35%
OM growth 3Y-10.16%
OM growth 5Y-29.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.45%
GM growth 5Y0.52%
NSKOG.OL Yearly Profit, Operating, Gross MarginsNSKOG.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • The number of shares outstanding for NSKOG remains at a similar level compared to 1 year ago.
  • NSKOG has more shares outstanding than it did 5 years ago.
  • NSKOG has a worse debt/assets ratio than last year.
NSKOG.OL Yearly Shares OutstandingNSKOG.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
NSKOG.OL Yearly Total Debt VS Total AssetsNSKOG.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B

2.2 Solvency

  • NSKOG has an Altman-Z score of 0.72. This is a bad value and indicates that NSKOG is not financially healthy and even has some risk of bankruptcy.
  • NSKOG has a Altman-Z score of 0.72. This is amonst the worse of the industry: NSKOG underperforms 83.33% of its industry peers.
  • A Debt/Equity ratio of 0.79 indicates that NSKOG is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.79, NSKOG is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF N/A
Altman-Z 0.72
ROIC/WACCN/A
WACCN/A
NSKOG.OL Yearly LT Debt VS Equity VS FCFNSKOG.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

  • NSKOG has a Current Ratio of 1.39. This is a normal value and indicates that NSKOG is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.39, NSKOG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • NSKOG has a Quick Ratio of 1.39. This is a bad value and indicates that NSKOG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of NSKOG (0.78) is worse than 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.39
Quick Ratio 0.78
NSKOG.OL Yearly Current Assets VS Current LiabilitesNSKOG.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • NSKOG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -114.57%.
  • Looking at the last year, NSKOG shows a very negative growth in Revenue. The Revenue has decreased by -78.63% in the last year.
  • Measured over the past years, NSKOG shows a very negative growth in Revenue. The Revenue has been decreasing by -29.57% on average per year.
EPS 1Y (TTM)-114.57%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-24.41%
Revenue 1Y (TTM)-78.63%
Revenue growth 3Y-40.12%
Revenue growth 5Y-29.57%
Sales Q2Q%-16.21%

3.2 Future

  • The Earnings Per Share is expected to grow by 24.59% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, NSKOG will show a small growth in Revenue. The Revenue will grow by 2.37% on average per year.
EPS Next Y37.79%
EPS Next 2Y18.88%
EPS Next 3Y24.59%
EPS Next 5YN/A
Revenue Next Year-13.53%
Revenue Next 2Y0.2%
Revenue Next 3Y2.37%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
NSKOG.OL Yearly Revenue VS EstimatesNSKOG.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5B 10B 15B
NSKOG.OL Yearly EPS VS EstimatesNSKOG.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 5 -5 10 15

More info and screens

Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for NSKOG. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NSKOG. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NSKOG.OL Price Earnings VS Forward Price EarningsNSKOG.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NSKOG.OL Per share dataNSKOG.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60 80 100

4.3 Compensation for Growth

  • A more expensive valuation may be justified as NSKOG's earnings are expected to grow with 24.59% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y18.88%
EPS Next 3Y24.59%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • NSKOG has a Yearly Dividend Yield of 1.65%.
  • Compared to an average industry Dividend Yield of 3.04, NSKOG has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.79, NSKOG has a dividend comparable with the average S&P500 company.
Industry RankSector 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

DP0%
EPS Next 2Y18.88%
EPS Next 3Y24.59%
NSKOG.OL Yearly Income VS Free CF VS DividendNSKOG.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B

More info and screens

Find the best dividend stocksShow peers with best dividend

NORSKE SKOG ASA

OSL:NSKOG (2/13/2026, 4:18:40 PM)

21.65

+0.05 (+0.23%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryPaper & Forest Products
Earnings (Last)02-05
Earnings (Next)04-24
Inst Owners12.73%
Inst Owner ChangeN/A
Ins Owners20.58%
Ins Owner ChangeN/A
Market Cap1.84B
Revenue(TTM)2.11B
Net Income(TTM)-419.00M
Analysts42.5
Price Target27.03 (24.85%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.65%
Yearly DividendN/A
Dividend Growth(5Y)-52.5%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)57.45%
Min EPS beat(2)21.1%
Max EPS beat(2)93.79%
EPS beat(4)2
Avg EPS beat(4)-914.62%
Min EPS beat(4)-3470.39%
Max EPS beat(4)93.79%
EPS beat(8)5
Avg EPS beat(8)317.06%
EPS beat(12)6
Avg EPS beat(12)198.35%
EPS beat(16)10
Avg EPS beat(16)178.71%
Revenue beat(2)0
Avg Revenue beat(2)-12.57%
Min Revenue beat(2)-23.8%
Max Revenue beat(2)-1.34%
Revenue beat(4)0
Avg Revenue beat(4)-14.55%
Min Revenue beat(4)-23.8%
Max Revenue beat(4)-1.34%
Revenue beat(8)0
Avg Revenue beat(8)-15.04%
Revenue beat(12)0
Avg Revenue beat(12)-12.79%
Revenue beat(16)2
Avg Revenue beat(16)-9.38%
PT rev (1m)12.77%
PT rev (3m)12.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-229.06%
EPS NY rev (3m)-229.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.48%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.18
P/FCF N/A
P/OCF N/A
P/B 0.31
P/tB 0.31
EV/EBITDA N/A
EPS(TTM)-0.64
EYN/A
EPS(NY)-2.74
Fwd EYN/A
FCF(TTM)-3.87
FCFYN/A
OCF(TTM)-1.71
OCFYN/A
SpS118.46
BVpS69.27
TBVpS69.04
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.98%
ROE -7.13%
ROCE 3.02%
ROIC 2.51%
ROICexc 2.78%
ROICexgc 2.78%
OM 3.45%
PM (TTM) N/A
GM 34.35%
FCFM N/A
ROA(3y)6.63%
ROA(5y)-1.66%
ROE(3y)15.08%
ROE(5y)-4.97%
ROIC(3y)7.92%
ROIC(5y)5.72%
ROICexc(3y)10.51%
ROICexc(5y)7.52%
ROICexgc(3y)10.53%
ROICexgc(5y)7.54%
ROCE(3y)9.55%
ROCE(5y)6.89%
ROICexgc growth 3Y-56.9%
ROICexgc growth 5Y-53.47%
ROICexc growth 3Y-56.85%
ROICexc growth 5Y-53.43%
OM growth 3Y-10.16%
OM growth 5Y-29.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.45%
GM growth 5Y0.52%
F-Score2
Asset Turnover0.71
Health
Industry RankSector Rank
Debt/Equity 0.79
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 1.82%
Interest Coverage 7.08
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.39
Quick Ratio 0.78
Altman-Z 0.72
F-Score2
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)-114.57%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-24.41%
EPS Next Y37.79%
EPS Next 2Y18.88%
EPS Next 3Y24.59%
EPS Next 5YN/A
Revenue 1Y (TTM)-78.63%
Revenue growth 3Y-40.12%
Revenue growth 5Y-29.57%
Sales Q2Q%-16.21%
Revenue Next Year-13.53%
Revenue Next 2Y0.2%
Revenue Next 3Y2.37%
Revenue Next 5YN/A
EBIT growth 1Y-68.71%
EBIT growth 3Y-46.21%
EBIT growth 5Y-50.1%
EBIT Next Year698.94%
EBIT Next 3Y103.27%
EBIT Next 5YN/A
FCF growth 1Y36.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-106.73%
OCF growth 3YN/A
OCF growth 5YN/A

NORSKE SKOG ASA / NSKOG.OL FAQ

What is the fundamental rating for NSKOG stock?

ChartMill assigns a fundamental rating of 2 / 10 to NSKOG.OL.


Can you provide the valuation status for NORSKE SKOG ASA?

ChartMill assigns a valuation rating of 1 / 10 to NORSKE SKOG ASA (NSKOG.OL). This can be considered as Overvalued.


What is the profitability of NSKOG stock?

NORSKE SKOG ASA (NSKOG.OL) has a profitability rating of 2 / 10.


How financially healthy is NORSKE SKOG ASA?

The financial health rating of NORSKE SKOG ASA (NSKOG.OL) is 1 / 10.


What is the earnings growth outlook for NORSKE SKOG ASA?

The Earnings per Share (EPS) of NORSKE SKOG ASA (NSKOG.OL) is expected to grow by 37.79% in the next year.