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StrongPoint

StrongPoint

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Financials

NOKm 2025 2026e 2027e
Sales 1358,91 1411,33 1589,65
Sales growth (%) 3,8 3,9 12,6
EBITDA 26 31 57
EBITDA margin (%) 1,9 2,2 3,6
EBIT adj. -10 -8 13
EBIT adj. margin (%) -0,7 -0,6 0,8
Pretax profit -15 -32 5
EPS -0,11 -0,54 0,09
EPS growth (%) -84,4 N/A N/A
EPS adj. 0,01 -0,47 0,09
DPS N/A N/A N/A
Dividend per share 0 0 0
EV/EBITDA (x) 19,3 16,7 9,1
EV/EBIT adj. (x) -52,3 -61,7 39,8
P/E (x) N/A N/A N/A
P/E adj. (x) N/A N/A N/A
EV/sales (x) 0,38 0,36 0,33
FCF yield (%) 8,3 5,2 4,4
Le. adj. FCF yld. (%) 8,3 5,2 4,4
Dividend yield (%) 0 0 0
Net IB debt/EBITDA (x) 1,7 1,5 0,9
Le. adj. ND/EBITDA (x) -3,6 -2,1 -0,6
NOKm 2025 2026e 2027e
Sales 1358,91 1411,33 1589,65
COGS -774 -808 -922
Gross profit 585 604 668
Other operating items -559 -573 -611
EBITDA 26 31 57
Depreciation and amortisation -43 -43 -44
of which leasing depreciation N/A N/A N/A
Depreciation on leased assets -23 -24 -24
EBITA -16,79 -12,34 13,03
EO Items N/A N/A N/A
Operating EO items -7 -4 0
Impairment and PPA amortisation N/A N/A N/A
Impairment and amortisation charges 0 0 0
EBIT -16,79 -12,34 13,03
Net financial items 1 -20 -8
Pretax profit -15 -32 5
Tax 10 8 -1
Net profit -5 -24 4
Minority interest 0 0 0
Net profit discontinued 0 0 0
Net profit to shareholders -5 -24 4
EPS -0,11 -0,54 0,09
EPS adj. 0,01 -0,47 0,09
Total extraordinary items after tax -2 -3 0
Leasing payments -23 -24 -24
Tax rate (%) 67,6 24,6 22
Gross margin (%) 43,1 42,8 42
EBITDA margin (%) 1,9 2,2 3,6
EBITA margin (%) -1,2 -0,9 0,8
EBIT margin (%) -1,2 -0,9 0,8
Pre-tax margin (%) -1,1 -2,3 0,3
Net margin (%) -0,4 -1,7 0,2
Sales growth (%) 3,8 3,9 12,6
EBITDA growth (%) 1117,1 16,7 84,8
EBITA growth (%) -57,3 -26,5 -205,6
EBIT growth (%) -57,3 -26,5 -205,6
Net profit growth (%) -84,4 389,1 -116,3
EPS growth (%) -84,4 N/A N/A
Profitability N/A N/A N/A
Year N/A N/A N/A
ROE (%) -1,1 -5,4 0,9
ROE adj. (%) -0,6 -4,7 0,9
ROCE (%) -2 -1,8 2
ROCE adj. (%) -1,4 -1,2 2
ROIC (%) -1 -1,9 2,1
ROIC adj. (%) -0,6 -1,3 2,1
Adj. earnings numbers N/A N/A N/A
EBITDA adj. 33 35 57
EBITDA adj. margin (%) 2,5 2,5 3,6
EBITDA lease adj. 10 11 33
EBITDA lease adj. margin (%) 0,8 0,8 2,1
EBITA adj. -10 -8 13
EBITA adj. margin (%) -0,7 -0,6 0,8
EBIT adj. -10 -8 13
EBIT adj. margin (%) -0,7 -0,6 0,8
Pretax profit Adj. -8 -28 5
Net profit Adj. -3 -21 4
Net profit to shareholders adj. -3 -21 4
Net adj. margin (%) -0,2 -1,5 0,2
NOKm 2025 2026e 2027e
EBITDA 26 31 57
Goodwill 187 176 176
Net financial items 1 -20 -8
Other intangible assets 172 164 160
Paid tax 10 8 -1
Tangible fixed assets 27 25 25
Non-cash items -59 4 1
Right-of-use asset 82 71 71
Cash flow before change in WC -20 23 49
Total other fixed assets N/A N/A N/A
Other Fixed Assets All 56 63 62
Change in working capital 74 22 -13
Fixed assets 525 499 494
Operating cash flow 54 45 36
Inventories 155 144 155
Capex tangible fixed assets -9 -10 -8
Receivables 196 206 227
Capex intangible fixed assets -33 -11 -7
Other current assets 35 43 43
Acquisitions and Disposals 27 0 0
Cash and liquid assets 182 165 161
Free cash flow 39 24 21
Total assets 1091 1057 1080
Dividend paid 0 0 0
Shareholders equity 478 427 431
Share issues and buybacks 1 1 0
Minority 0 0 0
Leasing liability amortisation 0 0 0
Total equity 478 427 431
Other non-cash items N/A N/A N/A
Other changes in net debt 33 -27 -24
Long-term debt 100 1 1
Pension debt 0 0 0
Convertible debt 0 0 0
Leasing liability 80 70 70
Total other long-term liabilities 13 13 13
Short-term debt 45 140 140
Accounts payable 124 170 189
Other current liabilities 251 235 235
Total liabilities and equity 1091 1057 1080
Net IB debt 44 46 50
Net IB debt excl. pension debt 44 46 50
Net IB debt excl. leasing -36 -23 -20
Capital employed 703 639 643
Capital invested 521 474 481
Working capital 10 -12 1
Market cap. diluted (m) 469 469 469
Net IB debt adj. 44 46 50
Market value of minority 0 0 0
Reversal of shares and participations -1 -1 -1
Reversal of conv. debt assumed equity N/A N/A N/A
EV 512 515 518
Total assets turnover (%) 126,5 131,4 148,8
Working capital/sales (%) 3,5 -0,1 -0,4
Financial risk and debt service N/A N/A N/A
Year N/A N/A N/A
Net debt/equity (%) 9,2 10,8 11,6
Net debt / market cap (%) 9,4 9,9 10,6
Equity ratio (%) 43,8 40,4 39,9
Net IB debt adj. / equity (%) 9,2 10,8 11,6
Current ratio 1,35 1,02 1,04
EBITDA/net interest 18 1,6 7,2
Net IB debt/EBITDA (x) 1,7 1,5 0,9
Net IB debt/EBITDA lease adj. (x) -3,6 -2,1 -0,6
Interest coverage 11,4 0,6 1,6
NOKm 2025 2026e 2027e
Shares outstanding adj. 45 45 45
Diluted shares adj. 45 45 45
EPS -0,11 -0,54 0,09
Dividend per share 0 0 0
EPS adj. 0,01 -0,47 0,09
BVPS 10,64 9,52 9,61
BVPS adj. 2,64 1,96 2,14
Net IB debt/share 0,98 1,03 1,11
Share price 10,45 10,45 10,45
Market cap. (m) 469 469 469
P/E (x) N/A N/A N/A
EV/sales (x) 0,38 0,36 0,33
EV/EBITDA (x) 19,3 16,7 9,1
EV/EBITA (x) -30,5 -41,7 39,8
EV/EBIT (x) -30,5 -41,7 39,8
Dividend yield (%) 0 0 0
FCF yield (%) 8,3 5,2 4,4
Le. adj. FCF yld. (%) 8,3 5,2 4,4
P/BVPS (x) 0,98 1,1 1,09
P/BVPS adj. (x) 3,95 5,33 4,88
P/E adj. (x) N/A N/A N/A
EV/EBITDA adj. (x) 15,3 14,8 9,1
EV/EBITA adj. (x) -52,3 -61,7 39,8
EV/EBIT adj. (x) -52,3 -61,7 39,8
EV/CE (x) 0,7 0,8 0,8
Investment ratios N/A N/A N/A
Year N/A N/A N/A
Capex/sales (%) -3 -1,5 -1
Capex/depreciation 2,1 1,1 0,8
Capex tangibles / tangible fixed assets 31,3 39,6 31,4
Capex intangibles / definite intangibles 18,9 6,5 4,6
Depreciation on intang / def. intang 7 7 7
Depreciation on tangibles / tangibles 28,38 30,92 31,44

Key Figure Counter

It is not always easy to generate comparative valuations. Therefore, in order to make it easier for you as an investor, we have created this key figure calculator. Enter share price in the field below and then select the year in which you want to retrieve the financial data.

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P/E

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A common valuation multiple, the share price is divided by earnings per share.

P/E ratio stands for Price and Earnings. By dividing a company's market cap to its earnings, investors get a key ratio which they are able to compare between different companies. The ratio can either be calculated on historical or forward-looking numbers. 

It is important to notice that earnings are calculated after taxes, which mean that they can vary between companies due to different accounting standards.

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EV/EBIT

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EV stands for Enterprise Value and is calculated as a company's markets cap in addition to its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. 

EBIT is the Earnings Before Interest and Taxes which is the operating income. This result, in comparison to the P/E ratio, is not affected by any financial items.

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EV/Sales

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EV stands for Enterprise Value and is calculated as a company's market cap adjusted for its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. S is the company's total sales.

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P/BVPS

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P/B stands for Price to Book, which is used to compare a share's market cap to its book value. A P/B ratio that is below one is considered to be valued below its assets.

Companies with high return on equity are usually associated with high P/B ratios, and vice versa. 

 

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