BLUENORD ASA (BNOR.OL) Fundamental Analysis & Valuation

OSL:BNOR • NO0010379266

Current stock price

554 NOK
+15 (+2.78%)
Last:

This BNOR.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. BNOR.OL Profitability Analysis

1.1 Basic Checks

  • In the past year BNOR was profitable.
  • BNOR had a positive operating cash flow in the past year.
  • In multiple years BNOR reported negative net income over the last 5 years.
  • Each year in the past 5 years BNOR had a positive operating cash flow.
BNOR.OL Yearly Net Income VS EBIT VS OCF VS FCFBNOR.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M

1.2 Ratios

  • The Return On Assets of BNOR (2.93%) is worse than 66.67% of its industry peers.
  • Looking at the Return On Equity, with a value of 12.92%, BNOR is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
  • BNOR has a Return On Invested Capital of 6.81%. This is comparable to the rest of the industry: BNOR outperforms 57.33% of its industry peers.
  • BNOR had an Average Return On Invested Capital over the past 3 years of 7.07%. This is below the industry average of 9.33%.
Industry RankSector Rank
ROA 2.93%
ROE 12.92%
ROIC 6.81%
ROA(3y)1.37%
ROA(5y)0.29%
ROE(3y)5.42%
ROE(5y)0.08%
ROIC(3y)7.07%
ROIC(5y)7.79%
BNOR.OL Yearly ROA, ROE, ROICBNOR.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100 -100 200 -200 300

1.3 Margins

  • The Profit Margin of BNOR (10.18%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of BNOR has grown nicely.
  • BNOR's Operating Margin of 29.31% is fine compared to the rest of the industry. BNOR outperforms 76.00% of its industry peers.
  • In the last couple of years the Operating Margin of BNOR has grown nicely.
  • The Gross Margin of BNOR (60.39%) is better than 66.67% of its industry peers.
  • In the last couple of years the Gross Margin of BNOR has grown nicely.
Industry RankSector Rank
OM 29.31%
PM (TTM) 10.18%
GM 60.39%
OM growth 3Y-19.11%
OM growth 5Y19.76%
PM growth 3YN/A
PM growth 5Y25.58%
GM growth 3Y-5.83%
GM growth 5Y3.03%
BNOR.OL Yearly Profit, Operating, Gross MarginsBNOR.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2K -2K -4K

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5

2. BNOR.OL Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BNOR is destroying value.
  • Compared to 1 year ago, BNOR has less shares outstanding
  • BNOR has more shares outstanding than it did 5 years ago.
  • BNOR has a better debt/assets ratio than last year.
BNOR.OL Yearly Shares OutstandingBNOR.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M 25M
BNOR.OL Yearly Total Debt VS Total AssetsBNOR.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • The Debt to FCF ratio of BNOR is 2.88, which is a good value as it means it would take BNOR, 2.88 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of BNOR (2.88) is better than 73.33% of its industry peers.
  • A Debt/Equity ratio of 1.42 is on the high side and indicates that BNOR has dependencies on debt financing.
  • BNOR has a Debt to Equity ratio of 1.42. This is amonst the worse of the industry: BNOR underperforms 84.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.42
Debt/FCF 2.88
Altman-Z N/A
ROIC/WACC0.8
WACC8.47%
BNOR.OL Yearly LT Debt VS Equity VS FCFBNOR.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • A Current Ratio of 2.64 indicates that BNOR has no problem at all paying its short term obligations.
  • BNOR has a Current ratio of 2.64. This is amongst the best in the industry. BNOR outperforms 86.67% of its industry peers.
  • BNOR has a Quick Ratio of 2.19. This indicates that BNOR is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Quick ratio value of 2.19, BNOR belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.64
Quick Ratio 2.19
BNOR.OL Yearly Current Assets VS Current LiabilitesBNOR.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. BNOR.OL Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 200.72% over the past year.
  • Measured over the past years, BNOR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.76% on average per year.
  • BNOR shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.19%.
  • The Revenue has been growing by 12.92% on average over the past years. This is quite good.
EPS 1Y (TTM)200.72%
EPS 3YN/A
EPS 5Y8.76%
EPS Q2Q%151.72%
Revenue 1Y (TTM)36.19%
Revenue growth 3Y2.44%
Revenue growth 5Y12.92%
Sales Q2Q%44.79%

3.2 Future

  • BNOR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.52% yearly.
  • Based on estimates for the next years, BNOR will show a small growth in Revenue. The Revenue will grow by 0.06% on average per year.
EPS Next Y130.78%
EPS Next 2Y41.28%
EPS Next 3Y30.8%
EPS Next 5Y15.52%
Revenue Next Year21.28%
Revenue Next 2Y7.34%
Revenue Next 3Y6.17%
Revenue Next 5Y0.06%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
BNOR.OL Yearly Revenue VS EstimatesBNOR.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M 1B
BNOR.OL Yearly EPS VS EstimatesBNOR.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 10 -10

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Find the best growth stocksShow best growing peers

7

4. BNOR.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 21.27, BNOR is valued on the expensive side.
  • The rest of the industry has a similar Price/Earnings ratio as BNOR.
  • The average S&P500 Price/Earnings ratio is at 27.47. BNOR is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 9.22, which indicates a very decent valuation of BNOR.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BNOR indicates a rather cheap valuation: BNOR is cheaper than 82.67% of the companies listed in the same industry.
  • BNOR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.62.
Industry RankSector Rank
PE 21.27
Fwd PE 9.22
BNOR.OL Price Earnings VS Forward Price EarningsBNOR.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BNOR is valued a bit cheaper than the industry average as 77.33% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BNOR indicates a rather cheap valuation: BNOR is cheaper than 98.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 4.1
EV/EBITDA 4.55
BNOR.OL Per share dataBNOR.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300

4.3 Compensation for Growth

  • BNOR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • BNOR's earnings are expected to grow with 30.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)2.43
EPS Next 2Y41.28%
EPS Next 3Y30.8%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. BNOR.OL Dividend Analysis

5.1 Amount

  • No dividends for BNOR!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

BNOR.OL Fundamentals: All Metrics, Ratios and Statistics

BLUENORD ASA

OSL:BNOR (4/23/2026, 7:00:00 PM)

554

+15 (+2.78%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-24
Earnings (Next)05-06
Inst Owners20.95%
Inst Owner ChangeN/A
Ins Owners1.17%
Ins Owner ChangeN/A
Market Cap14.17B
Revenue(TTM)956.60M
Net Income(TTM)97.40M
Analysts78.57
Price Target584.12 (5.44%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend122.33
Dividend Growth(5Y)N/A
DP350.1%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-44.06%
Min EPS beat(2)-82.8%
Max EPS beat(2)-5.33%
EPS beat(4)0
Avg EPS beat(4)-53.48%
Min EPS beat(4)-82.8%
Max EPS beat(4)-5.33%
EPS beat(8)0
Avg EPS beat(8)-114.97%
EPS beat(12)2
Avg EPS beat(12)-78.73%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-9.32%
Min Revenue beat(2)-12.98%
Max Revenue beat(2)-5.66%
Revenue beat(4)0
Avg Revenue beat(4)-13.51%
Min Revenue beat(4)-33.43%
Max Revenue beat(4)-1.98%
Revenue beat(8)1
Avg Revenue beat(8)-9.06%
Revenue beat(12)4
Avg Revenue beat(12)-4.17%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.04%
PT rev (3m)3%
EPS NQ rev (1m)-8.82%
EPS NQ rev (3m)-18%
EPS NY rev (1m)11.5%
EPS NY rev (3m)-14.79%
Revenue NQ rev (1m)-3.67%
Revenue NQ rev (3m)-9.96%
Revenue NY rev (1m)3%
Revenue NY rev (3m)-4.98%
Valuation
Industry RankSector Rank
PE 21.27
Fwd PE 9.22
P/S 1.59
P/FCF 4.1
P/OCF 3.66
P/B 2.02
P/tB 2.46
EV/EBITDA 4.55
EPS(TTM)26.04
EY4.7%
EPS(NY)60.1
Fwd EY10.85%
FCF(TTM)135.23
FCFY24.41%
OCF(TTM)151.49
OCFY27.34%
SpS347.93
BVpS274.13
TBVpS224.85
PEG (NY)0.16
PEG (5Y)2.43
Graham Number400.768 (-27.66%)
Profitability
Industry RankSector Rank
ROA 2.93%
ROE 12.92%
ROCE 8.85%
ROIC 6.81%
ROICexc 7.14%
ROICexgc 7.47%
OM 29.31%
PM (TTM) 10.18%
GM 60.39%
FCFM 38.87%
ROA(3y)1.37%
ROA(5y)0.29%
ROE(3y)5.42%
ROE(5y)0.08%
ROIC(3y)7.07%
ROIC(5y)7.79%
ROICexc(3y)7.53%
ROICexc(5y)8.4%
ROICexgc(3y)7.93%
ROICexgc(5y)8.91%
ROCE(3y)9.18%
ROCE(5y)10.12%
ROICexgc growth 3Y-22.87%
ROICexgc growth 5Y27.91%
ROICexc growth 3Y-22.34%
ROICexc growth 5Y28.71%
OM growth 3Y-19.11%
OM growth 5Y19.76%
PM growth 3YN/A
PM growth 5Y25.58%
GM growth 3Y-5.83%
GM growth 5Y3.03%
F-Score9
Asset Turnover0.29
Health
Industry RankSector Rank
Debt/Equity 1.42
Debt/FCF 2.88
Debt/EBITDA 2.02
Cap/Depr 17.93%
Cap/Sales 4.67%
Interest Coverage 2.41
Cash Conversion 78.63%
Profit Quality 381.73%
Current Ratio 2.64
Quick Ratio 2.19
Altman-Z N/A
F-Score9
WACC8.47%
ROIC/WACC0.8
Cap/Depr(3y)165.19%
Cap/Depr(5y)176.38%
Cap/Sales(3y)25.69%
Cap/Sales(5y)28.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)200.72%
EPS 3YN/A
EPS 5Y8.76%
EPS Q2Q%151.72%
EPS Next Y130.78%
EPS Next 2Y41.28%
EPS Next 3Y30.8%
EPS Next 5Y15.52%
Revenue 1Y (TTM)36.19%
Revenue growth 3Y2.44%
Revenue growth 5Y12.92%
Sales Q2Q%44.79%
Revenue Next Year21.28%
Revenue Next 2Y7.34%
Revenue Next 3Y6.17%
Revenue Next 5Y0.06%
EBIT growth 1Y28.33%
EBIT growth 3Y-17.14%
EBIT growth 5Y35.24%
EBIT Next Year167.94%
EBIT Next 3Y40.15%
EBIT Next 5Y15.03%
FCF growth 1Y414.96%
FCF growth 3Y5.45%
FCF growth 5Y27.58%
OCF growth 1Y35.01%
OCF growth 3Y-9.46%
OCF growth 5Y3.66%

BLUENORD ASA / BNOR.OL Fundamental Analysis FAQ

What is the ChartMill fundamental rating of BLUENORD ASA (BNOR.OL) stock?

ChartMill assigns a fundamental rating of 5 / 10 to BNOR.OL.


What is the valuation status for BNOR stock?

ChartMill assigns a valuation rating of 7 / 10 to BLUENORD ASA (BNOR.OL). This can be considered as Undervalued.


How profitable is BLUENORD ASA (BNOR.OL) stock?

BLUENORD ASA (BNOR.OL) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for BNOR stock?

The Price/Earnings (PE) ratio for BLUENORD ASA (BNOR.OL) is 21.27 and the Price/Book (PB) ratio is 2.02.


Is the dividend of BLUENORD ASA sustainable?

The dividend rating of BLUENORD ASA (BNOR.OL) is 0 / 10 and the dividend payout ratio is 350.1%.