Financials Axactor ASA

Equities

AXA

NO0010840515

Corporate Financial Services

Market Closed - Oslo Bors 10:45:00 2024-05-16 am EDT 5-day change 1st Jan Change
4.205 NOK +1.33% Intraday chart for Axactor ASA -5.08% -17.22%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 299 229.9 228.7 169.3 136.7 109.2 - -
Enterprise Value (EV) 1 1,157 1,118 1,025 1,098 1,056 989.2 1,002 1,004
P/E ratio 20.7 x -12.1 x -6.76 x 4.59 x 4.44 x 5.73 x 3.14 x 2.59 x
Yield - - - - - - 3.46% 12.4%
Capitalization / Revenue 1.05 x 1.12 x 1.17 x 0.71 x 0.53 x 0.44 x 0.4 x 0.38 x
EV / Revenue 4.06 x 5.45 x 5.25 x 4.58 x 4.12 x 3.99 x 3.66 x 3.48 x
EV / EBITDA 12.6 x 30 x 43.2 x 9.23 x 8.01 x 7.92 x 7.08 x 6.73 x
EV / FCF -6.95 x -85.6 x 10.1 x -14.5 x 13 x 495 x -83.5 x 43.7 x
FCF Yield -14.4% -1.17% 9.87% -6.91% 7.67% 0.2% -1.2% 2.29%
Price to Book 1.07 x 0.63 x 0.6 x 0.41 x 0.32 x 0.25 x 0.23 x 0.21 x
Nbr of stocks (in thousands) 155,395 225,395 302,145 302,145 302,145 302,145 - -
Reference price 2 1.924 1.020 0.7569 0.5604 0.4524 0.3615 0.3615 0.3615
Announcement Date 2/12/20 2/24/21 2/18/22 2/17/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 285.2 205 195.1 239.7 256.6 247.9 274 289
EBITDA 1 92.14 37.31 23.73 119 131.8 124.9 141.6 149.3
EBIT 1 82.02 26.45 14.08 110.1 122.8 115.8 132.6 140.1
Operating Margin 28.76% 12.9% 7.22% 45.92% 47.85% 46.72% 48.38% 48.47%
Earnings before Tax (EBT) 1 32.64 -28.38 -40.7 54.19 41.44 25.56 46.34 56.27
Net income 1 16.33 -15.24 -32.8 36.76 30.83 19.1 34.76 42.23
Net margin 5.73% -7.43% -16.81% 15.34% 12.01% 7.7% 12.68% 14.61%
EPS 2 0.0930 -0.0840 -0.1120 0.1220 0.1020 0.0631 0.1150 0.1398
Free Cash Flow 1 -166.6 -13.06 101.2 -75.89 81.02 2 -12 23
FCF margin -58.42% -6.37% 51.87% -31.66% 31.57% 0.81% -4.38% 7.96%
FCF Conversion (EBITDA) - - 426.45% - 61.45% 1.6% - 15.41%
FCF Conversion (Net income) - - - - 262.81% 10.47% - 54.46%
Dividend per Share 2 - - - - - - 0.0125 0.0450
Announcement Date 2/12/20 2/24/21 2/18/22 2/17/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 21.5 56.2 60.4 58.86 63 62.11 65.07 64 65.15 56.57 60.8 61 66 62 65
EBITDA 1 -26.56 27.03 30.04 30.04 31.18 30.4 32.72 34 34.3 26.22 29.7 31 33 30 31
EBIT 1 -29.01 24.92 27.85 27.8 28.82 28.22 30.39 32.13 32.06 24.06 27.2 28 31 28 29
Operating Margin -134.88% 44.34% 46.11% 47.24% 45.75% 45.44% 46.7% 50.2% 49.22% 42.53% 44.74% 45.9% 46.97% 45.16% 44.62%
Earnings before Tax (EBT) 1 -42.02 11.79 14.73 14 13.24 9.953 13.95 8.016 9.519 0.987 4.6 6 8 5 7
Net income 1 -35.07 6.631 11.06 9.653 9.41 7.188 10.28 6.014 7.343 0.675 3.4 4 6 4 5
Net margin -163.09% 11.8% 18.32% 16.4% 14.94% 11.57% 15.8% 9.4% 11.27% 1.19% 5.59% 6.56% 9.09% 6.45% 7.69%
EPS 2 -0.1160 0.0220 0.0370 0.0320 0.0310 0.0240 0.0340 0.0200 0.0240 0.002000 0.0110 0.0100 0.0200 0.0100 0.0200
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/18/22 4/28/22 8/18/22 10/27/22 2/17/23 5/9/23 8/17/23 11/2/23 2/15/24 5/7/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 858 888 797 928 919 880 893 895
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 9.315 x 23.81 x 33.57 x 7.805 x 6.973 x 7.046 x 6.306 x 5.995 x
Free Cash Flow 1 -167 -13.1 101 -75.9 81 2 -12 23
ROE (net income / shareholders' equity) 5.99% -5.21% -9.58% 10.1% 7% 4.41% 7.59% 8.44%
ROA (Net income/ Total Assets) 1.32% -1.11% -2.47% 2.94% 2.15% 1.33% 2.37% 2.82%
Assets 1 1,240 1,369 1,328 1,250 1,437 1,435 1,465 1,498
Book Value Per Share 2 1.810 1.630 1.260 1.380 1.430 1.470 1.580 1.710
Cash Flow per Share - - - - - - - -
Capex 1 412 220 120 296 124 126 169 179
Capex / Sales 144.47% 107.08% 61.66% 123.45% 48.29% 51.01% 61.67% 61.95%
Announcement Date 2/12/20 2/24/21 2/18/22 2/17/23 2/15/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
0.3615 EUR
Average target price
0.393 EUR
Spread / Average Target
+8.72%
Consensus
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