Logo image of BEWI.OL

BEWI AS (BEWI.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:BEWI - NO0010890965 - Common Stock

16.42 NOK
-0.3 (-1.79%)
Last: 12/4/2025, 7:00:00 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BEWI. BEWI was compared to 74 industry peers in the Chemicals industry. BEWI may be in some trouble as it scores bad on both profitability and health. BEWI has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

BEWI had negative earnings in the past year.
In the past year BEWI had a positive cash flow from operations.
In multiple years BEWI reported negative net income over the last 5 years.
In the past 5 years BEWI always reported a positive cash flow from operatings.
BEWI.OL Yearly Net Income VS EBIT VS OCF VS FCFBEWI.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M 60M 80M

1.2 Ratios

BEWI has a Return On Assets of -3.91%. This is in the lower half of the industry: BEWI underperforms 77.03% of its industry peers.
Looking at the Return On Equity, with a value of -13.49%, BEWI is doing worse than 79.73% of the companies in the same industry.
Industry RankSector Rank
ROA -3.91%
ROE -13.49%
ROIC N/A
ROA(3y)-0.43%
ROA(5y)1.76%
ROE(3y)-1.42%
ROE(5y)5.07%
ROIC(3y)N/A
ROIC(5y)N/A
BEWI.OL Yearly ROA, ROE, ROICBEWI.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 15

1.3 Margins

BEWI's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 63.45%, BEWI belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
In the last couple of years the Gross Margin of BEWI has grown nicely.
BEWI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 63.45%
OM growth 3Y-50.25%
OM growth 5Y-26.59%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.05%
GM growth 5Y2.54%
BEWI.OL Yearly Profit, Operating, Gross MarginsBEWI.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

3

2. Health

2.1 Basic Checks

BEWI does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BEWI has about the same amount of shares outstanding.
The number of shares outstanding for BEWI has been increased compared to 5 years ago.
BEWI has a better debt/assets ratio than last year.
BEWI.OL Yearly Shares OutstandingBEWI.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
BEWI.OL Yearly Total Debt VS Total AssetsBEWI.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

BEWI has an Altman-Z score of 0.94. This is a bad value and indicates that BEWI is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.94, BEWI is doing worse than 81.08% of the companies in the same industry.
The Debt to FCF ratio of BEWI is 15.79, which is on the high side as it means it would take BEWI, 15.79 years of fcf income to pay off all of its debts.
BEWI's Debt to FCF ratio of 15.79 is in line compared to the rest of the industry. BEWI outperforms 55.41% of its industry peers.
BEWI has a Debt/Equity ratio of 1.43. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.43, BEWI is not doing good in the industry: 89.19% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.43
Debt/FCF 15.79
Altman-Z 0.94
ROIC/WACCN/A
WACC8.23%
BEWI.OL Yearly LT Debt VS Equity VS FCFBEWI.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M 500M

2.3 Liquidity

BEWI has a Current Ratio of 1.66. This is a normal value and indicates that BEWI is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.66, BEWI perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 1.30 indicates that BEWI should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.30, BEWI is in the better half of the industry, outperforming 64.86% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.66
Quick Ratio 1.3
BEWI.OL Yearly Current Assets VS Current LiabilitesBEWI.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

3

3. Growth

3.1 Past

The earnings per share for BEWI have decreased strongly by -92.31% in the last year.
The Revenue has decreased by -5.85% in the past year.
The Revenue has been growing by 12.46% on average over the past years. This is quite good.
EPS 1Y (TTM)-92.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25%
Revenue 1Y (TTM)-5.85%
Revenue growth 3Y1.1%
Revenue growth 5Y12.46%
Sales Q2Q%-19.12%

3.2 Future

The Earnings Per Share is expected to grow by 32.36% on average over the next years. This is a very strong growth
Based on estimates for the next years, BEWI will show a decrease in Revenue. The Revenue will decrease by -2.92% on average per year.
EPS Next Y20.31%
EPS Next 2Y38%
EPS Next 3Y32.36%
EPS Next 5YN/A
Revenue Next Year-19.39%
Revenue Next 2Y-7.59%
Revenue Next 3Y-2.92%
Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
BEWI.OL Yearly Revenue VS EstimatesBEWI.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
BEWI.OL Yearly EPS VS EstimatesBEWI.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 -0.1 0.2 0.3

3

4. Valuation

4.1 Price/Earnings Ratio

BEWI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for BEWI. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BEWI.OL Price Earnings VS Forward Price EarningsBEWI.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 200

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BEWI is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, BEWI is valued cheaply inside the industry as 97.30% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 9.03
EV/EBITDA 13.24
BEWI.OL Per share dataBEWI.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

BEWI's earnings are expected to grow with 32.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38%
EPS Next 3Y32.36%

6

5. Dividend

5.1 Amount

BEWI has a Yearly Dividend Yield of 5.71%, which is a nice return.
Compared to an average industry Dividend Yield of 3.13, BEWI pays a better dividend. On top of this BEWI pays more dividend than 89.19% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, BEWI pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.71%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

DP0%
EPS Next 2Y38%
EPS Next 3Y32.36%
BEWI.OL Yearly Income VS Free CF VS DividendBEWI.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M

BEWI AS

OSL:BEWI (12/4/2025, 7:00:00 PM)

16.42

-0.3 (-1.79%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)11-12 2025-11-12/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners11.59%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner ChangeN/A
Market Cap3.88B
Revenue(TTM)773.20M
Net Income(TTM)-45.70M
Analysts42.22
Price Target20.4 (24.24%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.71%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-414.71%
Min EPS beat(2)-684.31%
Max EPS beat(2)-145.1%
EPS beat(4)0
Avg EPS beat(4)-304.44%
Min EPS beat(4)-684.31%
Max EPS beat(4)-145.1%
EPS beat(8)1
Avg EPS beat(8)-410.02%
EPS beat(12)1
Avg EPS beat(12)-308.29%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)11.6%
Min Revenue beat(2)1.72%
Max Revenue beat(2)21.47%
Revenue beat(4)2
Avg Revenue beat(4)3%
Min Revenue beat(4)-7.43%
Max Revenue beat(4)21.47%
Revenue beat(8)3
Avg Revenue beat(8)-1.57%
Revenue beat(12)4
Avg Revenue beat(12)-2.46%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-16.67%
PT rev (3m)-16.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-100%
EPS NY rev (1m)0%
EPS NY rev (3m)-31.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.59%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.51
P/FCF 9.03
P/OCF 4.53
P/B 0.97
P/tB 18.41
EV/EBITDA 13.24
EPS(TTM)-2.95
EYN/A
EPS(NY)-0.18
Fwd EYN/A
FCF(TTM)1.82
FCFY11.07%
OCF(TTM)3.63
OCFY22.09%
SpS32.28
BVpS16.88
TBVpS0.89
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -3.91%
ROE -13.49%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 63.45%
FCFM 5.63%
ROA(3y)-0.43%
ROA(5y)1.76%
ROE(3y)-1.42%
ROE(5y)5.07%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)2.56%
ROCE(5y)4.93%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-50.25%
OM growth 5Y-26.59%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.05%
GM growth 5Y2.54%
F-Score5
Asset Turnover0.55
Health
Industry RankSector Rank
Debt/Equity 1.43
Debt/FCF 15.79
Debt/EBITDA 7.37
Cap/Depr 51.05%
Cap/Sales 5.6%
Interest Coverage N/A
Cash Conversion 110.98%
Profit Quality N/A
Current Ratio 1.66
Quick Ratio 1.3
Altman-Z 0.94
F-Score5
WACC8.23%
ROIC/WACCN/A
Cap/Depr(3y)71.29%
Cap/Depr(5y)78.64%
Cap/Sales(3y)4.89%
Cap/Sales(5y)5.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-92.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25%
EPS Next Y20.31%
EPS Next 2Y38%
EPS Next 3Y32.36%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.85%
Revenue growth 3Y1.1%
Revenue growth 5Y12.46%
Sales Q2Q%-19.12%
Revenue Next Year-19.39%
Revenue Next 2Y-7.59%
Revenue Next 3Y-2.92%
Revenue Next 5YN/A
EBIT growth 1Y-124.12%
EBIT growth 3Y-49.71%
EBIT growth 5Y-17.44%
EBIT Next Year246.15%
EBIT Next 3Y72.39%
EBIT Next 5YN/A
FCF growth 1Y436.77%
FCF growth 3Y17.24%
FCF growth 5Y19.53%
OCF growth 1Y14.47%
OCF growth 3Y8.13%
OCF growth 5Y18.87%

BEWI AS / BEWI.OL FAQ

What is the fundamental rating for BEWI stock?

ChartMill assigns a fundamental rating of 3 / 10 to BEWI.OL.


What is the valuation status for BEWI stock?

ChartMill assigns a valuation rating of 3 / 10 to BEWI AS (BEWI.OL). This can be considered as Overvalued.


Can you provide the profitability details for BEWI AS?

BEWI AS (BEWI.OL) has a profitability rating of 3 / 10.


Can you provide the financial health for BEWI stock?

The financial health rating of BEWI AS (BEWI.OL) is 3 / 10.