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INTEGRATED WIND SOLUTIONS AS (IWS.OL) Stock Fundamental Analysis

OSL:IWS - NO0013461350 - Common Stock

47.8 NOK
0 (0%)
Last: 9/5/2025, 7:00:00 PM
Fundamental Rating

3

Overall IWS gets a fundamental rating of 3 out of 10. We evaluated IWS against 42 industry peers in the Construction & Engineering industry. IWS scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. While showing a medium growth rate, IWS is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

IWS had negative earnings in the past year.
In the past year IWS had a positive cash flow from operations.
IWS had negative earnings in 4 of the past 5 years.
In the past 5 years IWS reported 4 times negative operating cash flow.
IWS.OL Yearly Net Income VS EBIT VS OCF VS FCFIWS.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 -20M -40M -60M -80M -100M

1.2 Ratios

IWS has a worse Return On Assets (1.32%) than 73.81% of its industry peers.
The Return On Equity of IWS (2.75%) is worse than 73.81% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.76%, IWS is doing worse than 80.95% of the companies in the same industry.
Industry RankSector Rank
ROA 1.32%
ROE 2.75%
ROIC 1.76%
ROA(3y)-0.66%
ROA(5y)-3.47%
ROE(3y)-0.35%
ROE(5y)-5.95%
ROIC(3y)N/A
ROIC(5y)N/A
IWS.OL Yearly ROA, ROE, ROICIWS.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 -5 -10 -15 -20 -25

1.3 Margins

IWS has a better Profit Margin (7.60%) than 76.19% of its industry peers.
With an excellent Operating Margin value of 10.43%, IWS belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
The Gross Margin of IWS (76.97%) is better than 88.10% of its industry peers.
In the last couple of years the Gross Margin of IWS has grown nicely.
Industry RankSector Rank
OM 10.43%
PM (TTM) 7.6%
GM 76.97%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.28%
GM growth 5YN/A
IWS.OL Yearly Profit, Operating, Gross MarginsIWS.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 20 -20 40 60

4

2. Health

2.1 Basic Checks

IWS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, IWS has about the same amount of shares outstanding.
The debt/assets ratio for IWS is higher compared to a year ago.
IWS.OL Yearly Shares OutstandingIWS.OL Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 10M 20M 30M
IWS.OL Yearly Total Debt VS Total AssetsIWS.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

Based on the Altman-Z score of 1.02, we must say that IWS is in the distress zone and has some risk of bankruptcy.
IWS's Altman-Z score of 1.02 is on the low side compared to the rest of the industry. IWS is outperformed by 80.95% of its industry peers.
IWS has a Debt/Equity ratio of 0.64. This is a neutral value indicating IWS is somewhat dependend on debt financing.
IWS has a Debt to Equity ratio (0.64) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF N/A
Altman-Z 1.02
ROIC/WACC0.21
WACC8.37%
IWS.OL Yearly LT Debt VS Equity VS FCFIWS.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

A Current Ratio of 2.01 indicates that IWS has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.01, IWS belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
IWS has a Quick Ratio of 2.01. This indicates that IWS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.01, IWS belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.01
Quick Ratio 2.01
IWS.OL Yearly Current Assets VS Current LiabilitesIWS.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 100M 200M 300M 400M

4

3. Growth

3.1 Past

IWS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 66.63%, which is quite impressive.
IWS shows a small growth in Revenue. In the last year, the Revenue has grown by 5.80%.
EPS 1Y (TTM)66.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)5.8%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

Based on estimates for the next years, IWS will show a very strong growth in Earnings Per Share. The EPS will grow by 37.46% on average per year.
Based on estimates for the next years, IWS will show a very strong growth in Revenue. The Revenue will grow by 53.09% on average per year.
EPS Next Y115.81%
EPS Next 2Y64.54%
EPS Next 3Y50.58%
EPS Next 5Y37.46%
Revenue Next Year139.6%
Revenue Next 2Y103.94%
Revenue Next 3Y72.23%
Revenue Next 5Y53.09%

3.3 Evolution

IWS.OL Yearly Revenue VS EstimatesIWS.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
IWS.OL Yearly EPS VS EstimatesIWS.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4

3

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for IWS. In the last year negative earnings were reported.
IWS is valuated correctly with a Price/Forward Earnings ratio of 16.11.
IWS's Price/Forward Earnings is on the same level as the industry average.
IWS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.69.
Industry RankSector Rank
PE N/A
Fwd PE 16.11
IWS.OL Price Earnings VS Forward Price EarningsIWS.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20

4.2 Price Multiples

71.43% of the companies in the same industry are cheaper than IWS, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 21.4
IWS.OL Per share dataIWS.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40

4.3 Compensation for Growth

IWS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IWS's earnings are expected to grow with 50.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y64.54%
EPS Next 3Y50.58%

0

5. Dividend

5.1 Amount

No dividends for IWS!.
Industry RankSector Rank
Dividend Yield N/A

INTEGRATED WIND SOLUTIONS AS

OSL:IWS (9/5/2025, 7:00:00 PM)

47.8

0 (0%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)08-27 2025-08-27/bmo
Earnings (Next)N/A N/A
Inst Owners16.32%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap1.91B
Analysts80
Price Target64.26 (34.44%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)17.95%
Min Revenue beat(2)17.1%
Max Revenue beat(2)18.81%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.53%
PT rev (3m)-0.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)225%
EPS NY rev (1m)60.43%
EPS NY rev (3m)60.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.22%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 16.11
P/S 2.88
P/FCF N/A
P/OCF 36.78
P/B 1.04
P/tB 1.08
EV/EBITDA 21.4
EPS(TTM)-4.19
EYN/A
EPS(NY)2.97
Fwd EY6.21%
FCF(TTM)-29.52
FCFYN/A
OCF(TTM)1.3
OCFY2.72%
SpS16.58
BVpS45.82
TBVpS44.07
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.32%
ROE 2.75%
ROCE 2.02%
ROIC 1.76%
ROICexc 2%
ROICexgc 2.05%
OM 10.43%
PM (TTM) 7.6%
GM 76.97%
FCFM N/A
ROA(3y)-0.66%
ROA(5y)-3.47%
ROE(3y)-0.35%
ROE(5y)-5.95%
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)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.28%
GM growth 5YN/A
F-Score5
Asset Turnover0.17
Health
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF N/A
Debt/EBITDA 9.01
Cap/Depr 2049.81%
Cap/Sales 185.88%
Interest Coverage 250
Cash Conversion 40.2%
Profit Quality N/A
Current Ratio 2.01
Quick Ratio 2.01
Altman-Z 1.02
F-Score5
WACC8.37%
ROIC/WACC0.21
Cap/Depr(3y)6701.85%
Cap/Depr(5y)N/A
Cap/Sales(3y)217%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)66.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y115.81%
EPS Next 2Y64.54%
EPS Next 3Y50.58%
EPS Next 5Y37.46%
Revenue 1Y (TTM)5.8%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year139.6%
Revenue Next 2Y103.94%
Revenue Next 3Y72.23%
Revenue Next 5Y53.09%
EBIT growth 1Y283.53%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year944.73%
EBIT Next 3Y161.97%
EBIT Next 5YN/A
FCF growth 1Y73.19%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y109.05%
OCF growth 3YN/A
OCF growth 5YN/A