Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
23.1 NOK | -2.53% | +1.32% | -7.60% |
Feb. 29 | Edda Wind ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 | CI |
Feb. 29 | Transcript : Edda Wind ASA, Q4 2023 Earnings Call, Feb 29, 2024 |
Summary
- From a short-term investment perspective, the company presents a deteriorated fundamental situation
Strengths
- The prospective high growth for the next fiscal years is among the main assets of the company
- The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
- The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
- The company returns high margins, thereby supporting business profitability.
- The company's share price in relation to its net book value makes it look relatively cheap.
- Analysts covering this company mostly recommend stock overweighting or purchase.
- The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
- The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
- The firm trades with high earnings multiples: 42.78 times its 2024 earnings per share.
- The company's "enterprise value to sales" ratio is among the highest in the world.
- The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
- For the past year, analysts have significantly revised downwards their profit estimates.
- For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
- Over the past four months, analysts' average price target has been revised downwards significantly.
- Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
- Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
Ratings chart - Surperformance
Sector: Marine Freight & Logistics
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-7.60% | 242M | - | ||
+59.49% | 30.06B | A- | ||
-3.62% | 26.31B | C | ||
+12.06% | 14.26B | B | ||
+11.80% | 11.74B | B- | ||
+22.75% | 11.41B | B | ||
+56.12% | 10.36B | B- | ||
+14.15% | 10.26B | B- | ||
-15.63% | 8.45B | A- | ||
+3.39% | 7.98B | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Technical analysis
- Stock Market
- Equities
- EWIND Stock
- Ratings Edda Wind ASA