XSTONORVA
Market cap441mUSD
Dec 23, Last price
26.90SEK
1D
-1.65%
1Q
-8.81%
IPO
-16.39%
Name
Norva24 Group AB (publ)
Chart & Performance
P/E
22.14
P/S
1.59
EPS
1.24
Div Yield, %
0.00%
Shrs. gr., 5y
0.02%
Rev. gr., 5y
25.75%
Revenues
3.15b
+27.80%
Net income
227m
+62.44%
CFO
554m
+61.35%
Profile
Norva24 Group AB (Publ) provides underground infrastructure maintenance services in Northern Europe. The company offers emptying services, such as emptying and inspection of fat/oil separators, underground tanks, and sand traps, as well as sludge drainage; pipe services comprising pressure testing of pipes and pipe inspection, pipe relining and point repair, leak detection, and pipe cleaning of clogged water and waste pipes; and pressure washing services. As of September 30, 2021, it operated 66 branches across Norway, Germany, Sweden, and Denmark. The company was founded in 1919 and is headquartered in Stryn, Norway.
Valuation
Title NOK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 3,152,000 27.80% | 2,466,400 22.93% | 2,006,300 -4.85% | ||||
Cost of revenue | 2,105,000 | 1,280,000 | 1,111,000 | ||||
Unusual Expense (Income) | |||||||
NOPBT | 1,047,000 | 1,186,400 | 895,300 | ||||
NOPBT Margin | 33.22% | 48.10% | 44.62% | ||||
Operating Taxes | 7,200 | 56,800 | (5,800) | ||||
Tax Rate | 0.69% | 4.79% | |||||
NOPAT | 1,039,800 | 1,129,600 | 901,100 | ||||
Net income | 226,600 62.44% | 139,500 62.21% | 86,000 -23.21% | ||||
Dividends | |||||||
Dividend yield | |||||||
Proceeds from repurchase of equity | 914,900 | ||||||
BB yield | -41.72% | ||||||
| Debt | |||||||
Debt current | 231,000 | 191,000 | 216,700 | ||||
Long-term debt | 2,153,900 | 1,821,600 | 1,505,800 | ||||
Deferred revenue | |||||||
Other long-term liabilities | 5,800 | 49,000 | 12,300 | ||||
Net debt | 2,117,200 | 1,812,400 | 1,464,200 | ||||
| Cash flow | |||||||
Cash from operating activities | 553,900 | 343,300 | 337,400 | ||||
CAPEX | (166,700) | (83,900) | (70,800) | ||||
Cash from investing activities | (332,900) | (362,500) | (272,300) | ||||
Cash from financing activities | (174,100) | (25,800) | 19,100 | ||||
FCF | 609,200 | 1,016,800 | 623,500 | ||||
| Balance | |||||||
Cash | 267,000 | 199,600 | 257,000 | ||||
Long term investments | 700 | 600 | 1,300 | ||||
Excess cash | 110,100 | 76,880 | 157,985 | ||||
Stockholders' equity | 577,100 | 350,600 | 210,800 | ||||
Invested Capital | 3,483,500 | 2,828,320 | 2,385,415 | ||||
ROIC | 32.95% | 43.33% | 41.34% | ||||
ROCE | 28.84% | 39.74% | 34.91% | ||||
| EV | |||||||
Common stock shares outstanding | 182,632 | 182,683 | 64,166 | ||||
Price | 23.70 -29.88% | 33.80 -1.10% | 34.17 | ||||
Market cap | 4,328,379 -29.90% | 6,174,676 181.58% | 2,192,872 | ||||
EV | 6,445,579 | 8,045,576 | 3,681,072 | ||||
EBITDA | 1,385,900 | 1,462,100 | 1,132,800 | ||||
EV/EBITDA | 4.65 | 5.50 | 3.25 | ||||
Interest | 77,300 | 46,300 | 100,100 | ||||
Interest/NOPBT | 7.38% | 3.90% | 11.18% | ||||