Norske Skog ASA Logo

Norske Skog ASA

NSKOG.OL

(2.0)
Stock Price

37,40 NOK

6.26% ROA

7.92% ROE

4.13x PER

Market Cap.

3.783.686.952,00 NOK

71.2% DER

1.66% Yield

4.08% NPM

Norske Skog ASA Stock Analysis

Norske Skog ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Norske Skog ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (15.97%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 PBV

The stock's low PBV ratio (0.63x) suggests it's undervalued, making it an attractive opportunity for investors.

3 ROA

The stock's ROA (6.26%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 DER

The stock maintains a fair debt to equity ratio (71%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (-1.178), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Norske Skog ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Norske Skog ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Norske Skog ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Norske Skog ASA Revenue
Year Revenue Growth
2004 25.302.000.000
2005 25.726.000.000 1.65%
2006 28.812.000.000 10.71%
2007 27.118.000.000 -6.25%
2008 26.468.000.000 -2.46%
2009 20.362.000.000 -29.99%
2010 18.986.000.000 -7.25%
2011 18.904.000.000 -0.43%
2012 16.592.000.000 -13.93%
2013 13.339.000.000 -24.39%
2014 12.150.000.000 -9.79%
2015 11.538.000.000 -5.3%
2016 11.849.000.000 2.62%
2017 11.527.000.000 -2.79%
2018 12.641.000.000 8.81%
2019 12.200.000.000 -3.61%
2020 9.173.000.000 -33%
2021 9.848.000.000 6.85%
2022 14.537.000.000 32.26%
2023 12.472.000.000 -16.56%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Norske Skog ASA Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 18.000.000 100%
2006 19.000.000 5.26%
2007 18.000.000 -5.56%
2008 17.000.000 -5.88%
2009 0 0%
2010 0 0%
2011 0 0%
2012 3.000.000 100%
2013 2.000.000 -50%
2014 2.000.000 0%
2015 1.000.000 -100%
2016 1.000.000 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Norske Skog ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 -2.039.000.000
2005 -1.753.000.000 -16.31%
2006 -1.873.000.000 6.41%
2007 -1.778.000.000 -5.34%
2008 577.000.000 408.15%
2009 0 0%
2010 11.539.000.000 100%
2011 0 0%
2012 314.000.000 100%
2013 251.000.000 -25.1%
2014 211.000.000 -18.96%
2015 218.000.000 3.21%
2016 200.000.000 -9%
2017 168.000.000 -19.05%
2018 206.000.000 18.45%
2019 213.000.000 3.29%
2020 186.000.000 -14.52%
2021 58.000.000 -220.69%
2022 93.000.000 37.63%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Norske Skog ASA EBITDA
Year EBITDA Growth
2004 4.417.000.000
2005 3.097.000.000 -42.62%
2006 4.096.000.000 24.39%
2007 8.990.000.000 54.44%
2008 3.228.000.000 -178.5%
2009 7.580.000.000 57.41%
2010 57.000.000 -13198.25%
2011 3.669.000.000 98.45%
2012 3.848.000.000 4.65%
2013 162.000.000 -2275.31%
2014 49.000.000 -230.61%
2015 752.000.000 93.48%
2016 4.035.000.000 81.36%
2017 1.437.000.000 -180.79%
2018 1.318.000.000 -9.03%
2019 1.679.000.000 21.5%
2020 787.000.000 -113.34%
2021 627.000.000 -25.52%
2022 3.141.000.000 80.04%
2023 1.208.000.000 -160.02%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Norske Skog ASA Gross Profit
Year Gross Profit Growth
2004 12.658.000.000
2005 12.069.000.000 -4.88%
2006 13.212.000.000 8.65%
2007 12.048.000.000 -9.66%
2008 10.697.000.000 -12.63%
2009 8.785.000.000 -21.76%
2010 18.955.000.000 53.65%
2011 7.543.000.000 -151.29%
2012 6.872.000.000 -9.76%
2013 5.277.000.000 -30.23%
2014 4.892.000.000 -7.87%
2015 4.721.000.000 -3.62%
2016 5.006.000.000 5.69%
2017 4.612.000.000 -8.54%
2018 5.121.000.000 9.94%
2019 5.328.000.000 3.89%
2020 4.074.000.000 -30.78%
2021 3.793.000.000 -7.41%
2022 6.600.000.000 42.53%
2023 4.680.000.000 -41.03%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Norske Skog ASA Net Profit
Year Net Profit Growth
2004 621.000.000
2005 -854.000.000 172.72%
2006 -2.809.000.000 69.6%
2007 -618.000.000 -354.53%
2008 -2.765.000.000 77.65%
2009 -1.400.000.000 -97.5%
2010 -2.469.000.000 43.3%
2011 -2.545.000.000 2.99%
2012 -2.778.000.000 8.39%
2013 -1.844.000.000 -50.65%
2014 -1.504.000.000 -22.61%
2015 -1.526.000.000 1.44%
2016 295.000.000 617.29%
2017 -3.551.000.000 108.31%
2018 1.525.000.000 332.85%
2019 2.044.000.000 25.39%
2020 -1.884.000.000 208.49%
2021 -363.000.000 -419.01%
2022 2.572.000.000 114.11%
2023 180.000.000 -1328.89%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Norske Skog ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 5
2005 -6 180%
2006 -15 64.29%
2007 -3 -366.67%
2008 -15 78.57%
2009 -7 -100%
2010 -13 46.15%
2011 -13 0%
2012 -15 7.14%
2013 -10 -55.56%
2014 -8 -28.57%
2015 -6 -16.67%
2016 1 700%
2017 -13 108.33%
2018 18 166.67%
2019 25 25%
2020 -20 226.32%
2021 -4 -533.33%
2022 27 111.11%
2023 2 -2600%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Norske Skog ASA Free Cashflow
Year Free Cashflow Growth
2004 1.245.000.000
2005 1.182.000.000 -5.33%
2006 1.266.000.000 6.64%
2007 520.000.000 -143.46%
2008 694.000.000 25.07%
2009 1.117.000.000 37.87%
2010 -14.000.000 8078.57%
2011 -35.000.000 60%
2012 490.000.000 107.14%
2013 -461.000.000 206.29%
2014 -74.000.000 -522.97%
2015 -957.000.000 92.27%
2016 -72.000.000 -1229.17%
2017 128.000.000 156.25%
2018 602.000.000 78.74%
2019 233.000.000 -158.37%
2020 -83.000.000 380.72%
2021 -830.000.000 90%
2022 -188.000.000 -341.49%
2023 -344.000.000 45.35%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Norske Skog ASA Operating Cashflow
Year Operating Cashflow Growth
2004 3.132.000.000
2005 3.061.000.000 -2.32%
2006 2.763.000.000 -10.79%
2007 2.166.000.000 -27.56%
2008 1.977.000.000 -9.56%
2009 1.697.000.000 -16.5%
2010 397.000.000 -327.46%
2011 455.000.000 12.75%
2012 982.000.000 53.67%
2013 68.000.000 -1344.12%
2014 200.000.000 66%
2015 -777.000.000 125.74%
2016 230.000.000 437.83%
2017 404.000.000 43.07%
2018 881.000.000 54.14%
2019 602.000.000 -46.35%
2020 549.000.000 -9.65%
2021 191.000.000 -187.43%
2022 2.040.000.000 90.64%
2023 353.000.000 -477.9%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Norske Skog ASA Capital Expenditure
Year Capital Expenditure Growth
2004 1.887.000.000
2005 1.879.000.000 -0.43%
2006 1.497.000.000 -25.52%
2007 1.646.000.000 9.05%
2008 1.283.000.000 -28.29%
2009 580.000.000 -121.21%
2010 411.000.000 -41.12%
2011 490.000.000 16.12%
2012 492.000.000 0.41%
2013 529.000.000 6.99%
2014 274.000.000 -93.07%
2015 180.000.000 -52.22%
2016 302.000.000 40.4%
2017 276.000.000 -9.42%
2018 279.000.000 1.08%
2019 369.000.000 24.39%
2020 632.000.000 41.61%
2021 1.021.000.000 38.1%
2022 2.228.000.000 54.17%
2023 697.000.000 -219.66%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Norske Skog ASA Equity
Year Equity Growth
2004 19.009.000.000
2005 21.966.000.000 13.46%
2006 18.100.000.000 -21.36%
2007 15.592.000.000 -16.09%
2008 13.094.000.000 -19.08%
2009 11.987.000.000 -9.24%
2010 10.161.000.000 -17.97%
2011 7.420.000.000 -36.94%
2012 4.304.000.000 -72.4%
2013 2.175.000.000 -97.89%
2014 1.285.000.000 -69.26%
2015 -230.000.000 658.7%
2016 184.000.000 225%
2017 -1.426.000.000 112.9%
2018 2.365.000.000 160.3%
2019 5.492.000.000 56.94%
2020 3.218.000.000 -70.67%
2021 3.133.000.000 -2.71%
2022 5.909.000.000 46.98%
2023 6.208.000.000 4.82%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Norske Skog ASA Assets
Year Assets Growth
2004 44.295.000.000
2005 52.033.000.000 14.87%
2006 45.230.000.000 -15.04%
2007 43.260.000.000 -4.55%
2008 45.191.000.000 4.27%
2009 33.155.000.000 -36.3%
2010 29.297.000.000 -13.17%
2011 21.974.000.000 -33.33%
2012 16.061.000.000 -36.82%
2013 14.617.000.000 -9.88%
2014 13.977.000.000 -4.58%
2015 12.660.000.000 -10.4%
2016 10.244.000.000 -23.58%
2017 8.109.000.000 -26.33%
2018 8.565.000.000 5.32%
2019 10.240.000.000 16.36%
2020 7.787.000.000 -31.5%
2021 9.125.000.000 14.66%
2022 13.609.000.000 32.95%
2023 14.689.000.000 7.35%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Norske Skog ASA Liabilities
Year Liabilities Growth
2004 25.100.000.000
2005 29.354.000.000 14.49%
2006 26.680.000.000 -10.02%
2007 27.303.000.000 2.28%
2008 31.559.000.000 13.49%
2009 21.140.000.000 -49.29%
2010 19.114.000.000 -10.6%
2011 14.541.000.000 -31.45%
2012 11.748.000.000 -23.77%
2013 12.442.000.000 5.58%
2014 12.692.000.000 1.97%
2015 12.890.000.000 1.54%
2016 10.060.000.000 -28.13%
2017 9.535.000.000 -5.51%
2018 6.200.000.000 -53.79%
2019 4.748.000.000 -30.58%
2020 4.569.000.000 -3.92%
2021 5.992.000.000 23.75%
2022 7.700.000.000 22.18%
2023 8.481.000.000 9.21%

Norske Skog ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
145.91
Net Income per Share
9.8
Price to Earning Ratio
4.13x
Price To Sales Ratio
0.28x
POCF Ratio
1.07
PFCF Ratio
-32.07
Price to Book Ratio
0.61
EV to Sales
0.4
EV Over EBITDA
2.03
EV to Operating CashFlow
1.56
EV to FreeCashFlow
-46.87
Earnings Yield
0.24
FreeCashFlow Yield
-0.03
Market Cap
3,78 Bil.
Enterprise Value
5,53 Bil.
Graham Number
120.85
Graham NetNet
-43.55

Income Statement Metrics

Net Income per Share
9.8
Income Quality
1.07
ROE
0.16
Return On Assets
0.03
Return On Capital Employed
0.1
Net Income per EBT
0.81
EBT Per Ebit
0.51
Ebit per Revenue
0.1
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
0.1
Pretax Profit Margin
0.05
Net Profit Margin
0.04

Dividends

Dividend Yield
0.02
Dividend Yield %
1.66
Payout Ratio
0
Dividend Per Share
0.67

Operating Metrics

Operating Cashflow per Share
37.86
Free CashFlow per Share
-1.26
Capex to Operating CashFlow
-1.03
Capex to Revenue
-0.27
Capex to Depreciation
-3.8
Return on Invested Capital
0.15
Return on Tangible Assets
0.06
Days Sales Outstanding
44.27
Days Payables Outstanding
121.12
Days of Inventory on Hand
79.27
Receivables Turnover
8.25
Payables Turnover
3.01
Inventory Turnover
4.6
Capex per Share
-39.11

Balance Sheet

Cash per Share
24,92
Book Value per Share
66,22
Tangible Book Value per Share
66.22
Shareholders Equity per Share
66.22
Interest Debt per Share
48.55
Debt to Equity
0.71
Debt to Assets
0.3
Net Debt to EBITDA
0.64
Current Ratio
1.93
Tangible Asset Value
6,20 Bil.
Net Current Asset Value
-2,48 Bil.
Invested Capital
0.71
Working Capital
2,89 Bil.
Intangibles to Total Assets
0
Average Receivables
1,77 Bil.
Average Payables
2,33 Bil.
Average Inventory
1710500000
Debt to Market Cap
1.17

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Norske Skog ASA Dividends
Year Dividends Growth
2020 6

Norske Skog ASA Profile

About Norske Skog ASA

Norske Skog ASA produces and sells newsprint and magazine papers. It operates in two segments, Publication Paper Europe, and Publication Paper Australasia. The company offers standard newsprint and other paper qualities; and magazine paper comprising super calendared and lightweight coated paper. Its products are primarily used in newspapers and magazines, catalogues, inserts/flyers, supplements, free-sheets, directories, direct mail, brochures, and book paper. The company sells its products under the Nornews, Norbright, NorX, Norstar, Norcote, NorSC, Norbook, and Vantage brands. It operates in Norway, rest of Europe, North America, Australasia, Asia, and Africa. The company was founded in 1962 and is headquartered in Oslo, Norway.

CEO
Mr. Geir Olav Drangsland
Employee
2.100
Address
PO Box 294 Skøyen
Oslo, 0213

Norske Skog ASA Executives & BODs

Norske Skog ASA Executives & BODs
# Name Age
1 Mr. Einar Blaauw
Senior Vice President & General Counsel
70
2 Mr. Even Lund
Vice President of Corporate Finance
70
3 Mr. Carsten Dybevig
Vice President of Corporate Communication & Public Affairs
70
4 Mr. Robert A. Wood
Senior Vice President of Commercial
70
5 Mr. Amund Saxrud
Chief Operating Officer
70
6 Mr. Tord Steinset Torvund
Chief Financial Officer
70
7 Mr. Geir Olav Drangsland
Chief Executive Officer
70
8 Mari Mogen
Head of Sustainability
70
9 Mr. Yves Bailly
Managing Director of Golbey
70

Norske Skog ASA Competitors