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

Europe • Euronext Oslo • OSL:IWS • NO0013461350

52 NOK
-0.99 (-1.87%)
Last: Feb 2, 2026, 07:00 PM
Fundamental Rating

4

Overall IWS gets a fundamental rating of 4 out of 10. We evaluated IWS against 42 industry peers in the Construction & Engineering industry. IWS may be in some trouble as it scores bad on both profitability and health. IWS is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year IWS was profitable.
  • IWS had a positive operating cash flow in the past year.
  • IWS had negative earnings in 4 of the past 5 years.
  • IWS had negative operating cash flow in 4 of the past 5 years.
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

  • The Return On Assets of IWS (3.86%) is comparable to the rest of the industry.
  • IWS has a Return On Equity of 9.39%. This is in the lower half of the industry: IWS underperforms 73.81% of its industry peers.
  • The Return On Invested Capital of IWS (5.29%) is worse than 66.67% of its industry peers.
Industry RankSector Rank
ROA 3.86%
ROE 9.39%
ROIC 5.29%
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

  • With an excellent Profit Margin value of 15.58%, IWS belongs to the best of the industry, outperforming 88.10% of the companies in the same industry.
  • The Operating Margin of IWS (22.46%) is better than 90.48% of its industry peers.
  • IWS has a Gross Margin (43.76%) which is comparable to the rest of the industry.
  • IWS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 22.46%
PM (TTM) 15.58%
GM 43.76%
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

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3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IWS is destroying value.
  • The number of shares outstanding for IWS remains at a similar level compared to 1 year ago.
  • Compared to 1 year ago, IWS has a worse debt to assets ratio.
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 1.06, we must say that IWS is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of 1.06, IWS is not doing good in the industry: 88.10% of the companies in the same industry are doing better.
  • IWS has a Debt/Equity ratio of 0.99. This is a neutral value indicating IWS is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.99, IWS perfoms like the industry average, outperforming 45.24% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.99
Debt/FCF N/A
Altman-Z 1.06
ROIC/WACC0.63
WACC8.43%
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 1.68 indicates that IWS should not have too much problems paying its short term obligations.
  • The Current ratio of IWS (1.68) is better than 88.10% of its industry peers.
  • A Quick Ratio of 1.68 indicates that IWS should not have too much problems paying its short term obligations.
  • The Quick ratio of IWS (1.68) is better than 90.48% of its industry peers.
Industry RankSector Rank
Current Ratio 1.68
Quick Ratio 1.68
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

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6

3. Growth

3.1 Past

  • IWS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1060.10%, which is quite impressive.
  • The Revenue has grown by 69.97% in the past year. This is a very strong growth!
  • The Revenue has been growing slightly by 3.17% on average over the past years.
EPS 1Y (TTM)1060.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%140%
Revenue 1Y (TTM)69.97%
Revenue growth 3Y3.17%
Revenue growth 5YN/A
Sales Q2Q%41.94%

3.2 Future

  • The Earnings Per Share is expected to grow by 112.12% on average over the next years. This is a very strong growth
  • IWS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.22% yearly.
EPS Next Y502.49%
EPS Next 2Y201.12%
EPS Next 3Y112.12%
EPS Next 5YN/A
Revenue Next Year49.92%
Revenue Next 2Y32.06%
Revenue Next 3Y19.22%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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
IWS.OL Yearly EPS VS EstimatesIWS.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 0 0.2 0.4

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6

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 11.63, which indicates a very decent valuation of IWS.
  • Compared to the rest of the industry, the Price/Earnings ratio of IWS indicates a somewhat cheap valuation: IWS is cheaper than 73.81% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 28.41. IWS is valued rather cheaply when compared to this.
  • A Price/Forward Earnings ratio of 8.86 indicates a reasonable valuation of IWS.
  • 85.71% of the companies in the same industry are more expensive than IWS, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.64, IWS is valued rather cheaply.
Industry RankSector Rank
PE 11.63
Fwd PE 8.86
IWS.OL Price Earnings VS Forward Price EarningsIWS.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • IWS's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 10.75
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 112.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y201.12%
EPS Next 3Y112.12%

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0

5. Dividend

5.1 Amount

  • IWS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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INTEGRATED WIND SOLUTIONS AS

OSL:IWS (2/2/2026, 7:00:00 PM)

52

-0.99 (-1.87%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)11-25
Earnings (Next)N/A
Inst Owners26.03%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap2.08B
Revenue(TTM)99.16M
Net Income(TTM)15.45M
Analysts82
Price Target62.48 (20.15%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)2
Avg EPS beat(2)69.97%
Min EPS beat(2)52.32%
Max EPS beat(2)87.61%
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)1
Avg Revenue beat(2)8.04%
Min Revenue beat(2)-6.4%
Max Revenue beat(2)22.48%
Revenue beat(4)3
Avg Revenue beat(4)13%
Min Revenue beat(4)-6.4%
Max Revenue beat(4)22.48%
Revenue beat(8)5
Avg Revenue beat(8)28.83%
Revenue beat(12)9
Avg Revenue beat(12)365.64%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.68%
PT rev (3m)-3.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)38.46%
EPS NY rev (1m)29.4%
EPS NY rev (3m)52.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.74%
Valuation
Industry RankSector Rank
PE 11.63
Fwd PE 8.86
P/S 1.83
P/FCF N/A
P/OCF 8.31
P/B 1.1
P/tB 1.14
EV/EBITDA 10.75
EPS(TTM)4.47
EY8.6%
EPS(NY)5.87
Fwd EY11.28%
FCF(TTM)-35.17
FCFYN/A
OCF(TTM)6.26
OCFY12.04%
SpS28.45
BVpS47.2
TBVpS45.51
PEG (NY)0.02
PEG (5Y)N/A
Graham Number68.9
Profitability
Industry RankSector Rank
ROA 3.86%
ROE 9.39%
ROCE 6.12%
ROIC 5.29%
ROICexc 5.74%
ROICexgc 5.84%
OM 22.46%
PM (TTM) 15.58%
GM 43.76%
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
ROICexgc growth 3YN/A
ROICexgc 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-Score6
Asset Turnover0.25
Health
Industry RankSector Rank
Debt/Equity 0.99
Debt/FCF N/A
Debt/EBITDA 5.43
Cap/Depr 1890.73%
Cap/Sales 145.59%
Interest Coverage 250
Cash Conversion 72.92%
Profit Quality N/A
Current Ratio 1.68
Quick Ratio 1.68
Altman-Z 1.06
F-Score6
WACC8.43%
ROIC/WACC0.63
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)1060.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%140%
EPS Next Y502.49%
EPS Next 2Y201.12%
EPS Next 3Y112.12%
EPS Next 5YN/A
Revenue 1Y (TTM)69.97%
Revenue growth 3Y3.17%
Revenue growth 5YN/A
Sales Q2Q%41.94%
Revenue Next Year49.92%
Revenue Next 2Y32.06%
Revenue Next 3Y19.22%
Revenue Next 5YN/A
EBIT growth 1Y959.41%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year801.55%
EBIT Next 3Y134.04%
EBIT Next 5YN/A
FCF growth 1Y70.09%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y147.21%
OCF growth 3YN/A
OCF growth 5YN/A

INTEGRATED WIND SOLUTIONS AS / IWS.OL FAQ

What is the fundamental rating for IWS stock?

ChartMill assigns a fundamental rating of 4 / 10 to IWS.OL.


What is the valuation status of INTEGRATED WIND SOLUTIONS AS (IWS.OL) stock?

ChartMill assigns a valuation rating of 6 / 10 to INTEGRATED WIND SOLUTIONS AS (IWS.OL). This can be considered as Fairly Valued.


What is the profitability of IWS stock?

INTEGRATED WIND SOLUTIONS AS (IWS.OL) has a profitability rating of 3 / 10.


What is the valuation of INTEGRATED WIND SOLUTIONS AS based on its PE and PB ratios?

The Price/Earnings (PE) ratio for INTEGRATED WIND SOLUTIONS AS (IWS.OL) is 11.63 and the Price/Book (PB) ratio is 1.1.


What is the expected EPS growth for INTEGRATED WIND SOLUTIONS AS (IWS.OL) stock?

The Earnings per Share (EPS) of INTEGRATED WIND SOLUTIONS AS (IWS.OL) is expected to grow by 502.49% in the next year.