NSKOG Fundamental Analysis - NORSKE SKOG ASA

Name: NORSKE SKOG ASA (NSKOG) Stock
Brand: NORSKE SKOG ASA
Rating: 3.5 (3 reviews)

Fundamental Rating

Overall NSKOG gets a fundamental rating of 2 out of 10. We evaluated NSKOG against 11 industry peers in the Paper & Forest Products industry. Both the profitability and financial health of NSKOG have multiple concerns. NSKOG does not seem to be growing, but still is valued expensively.

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1. Profitability

1.1 Basic Checks

NSKOG had negative earnings in the past year.

NSKOG had a negative operating cash flow in the past year.

In multiple years NSKOG reported negative net income over the last 5 years.

In multiple years NSKOG reported negative operating cash flow during the last 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of -2.98%, NSKOG is doing worse than 63.64% of the companies in the same industry.

Looking at the Return On Equity, with a value of -7.13%, NSKOG is doing worse than 63.64% of the companies in the same industry.

NSKOG has a Return On Invested Capital (2.51%) which is in line with its industry peers.

Measured over the past 3 years, the Average Return On Invested Capital for NSKOG is above the industry average of 5.30%.

The 3 year average ROIC (7.92%) for NSKOG is well above the current ROIC(2.51%). The reason for the recent decline needs to be investigated.

		Industry Rank	Sector Rank
ROA	-2.98%
ROE	-7.13%
ROIC	2.51%

ROA(3y)6.63%

ROA(5y)-1.66%

ROE(3y)15.08%

ROE(5y)-4.97%

ROIC(3y)7.92%

ROIC(5y)5.72%

1.3 Margins

NSKOG has a Operating Margin (3.45%) which is comparable to the rest of the industry.

In the last couple of years the Operating Margin of NSKOG has declined.

NSKOG has a Gross Margin of 34.35%. This is comparable to the rest of the industry: NSKOG outperforms 45.45% of its industry peers.

NSKOG's Gross Margin has been stable in the last couple of years.

		Industry Rank	Sector Rank
OM	3.45%
PM (TTM)	N/A
GM	34.35%

OM growth 3Y-10.16%

OM growth 5Y-29.15%

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y5.45%

GM growth 5Y0.52%

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ROA

ROE

ROIC

Operating and Profit Margin

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2. Health

2.1 Basic Checks

NSKOG has about the same amout of shares outstanding than it did 1 year ago.

NSKOG has more shares outstanding than it did 5 years ago.

NSKOG has a worse debt/assets ratio than last year.

2.2 Solvency

Based on the Altman-Z score of 0.68, we must say that NSKOG is in the distress zone and has some risk of bankruptcy.

NSKOG has a Altman-Z score of 0.68. This is amonst the worse of the industry: NSKOG underperforms 81.82% of its industry peers.

A Debt/Equity ratio of 0.79 indicates that NSKOG is somewhat dependend on debt financing.

With a Debt to Equity ratio value of 0.79, NSKOG is not doing good in the industry: 63.64% of the companies in the same industry are doing better.

		Industry Rank	Sector Rank
Debt/Equity	0.79
Debt/FCF	N/A
Altman-Z	0.68

ROIC/WACCN/A

WACCN/A

2.3 Liquidity

A Current Ratio of 1.39 indicates that NSKOG should not have too much problems paying its short term obligations.

NSKOG's Current ratio of 1.39 is in line compared to the rest of the industry. NSKOG outperforms 54.55% of its industry peers.

NSKOG has a Quick Ratio of 1.39. This is a bad value and indicates that NSKOG is not financially healthy enough and could expect problems in meeting its short term obligations.

NSKOG's Quick ratio of 0.78 is on the low side compared to the rest of the industry. NSKOG is outperformed by 63.64% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	1.39
Quick Ratio	0.78

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WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

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3. Growth

3.1 Past

The earnings per share for NSKOG have decreased strongly by -114.57% in the last year.

The Revenue for NSKOG has decreased by -78.63% in the past year. This is quite bad

The Revenue for NSKOG have been decreasing by -29.57% on average. This is quite bad

EPS 1Y (TTM)-114.57%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-24.41%

Revenue 1Y (TTM)-78.63%

Revenue growth 3Y-40.12%

Revenue growth 5Y-29.57%

Sales Q2Q%-16.21%

3.2 Future

NSKOG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.13% yearly.

NSKOG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.58% yearly.

EPS Next Y71.1%

EPS Next 2Y29.75%

EPS Next 3Y29.13%

EPS Next 5YN/A

Revenue Next Year-8.94%

Revenue Next 2Y2.26%

Revenue Next 3Y3.58%

Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

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Find the best growth stocks

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4. Valuation

4.1 Price/Earnings Ratio

NSKOG 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 NSKOG. No positive earnings are expected for the next year.

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A

4.2 Price Multiples

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	N/A

4.3 Compensation for Growth

NSKOG's earnings are expected to grow with 29.13% in the coming years. This may justify a more expensive valuation.

PEG (NY)N/A

PEG (5Y)N/A

EPS Next 2Y29.75%

EPS Next 3Y29.13%

More info and screens

Show best valued peers

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.65%, NSKOG has a reasonable but not impressive dividend return.

In the last 3 months the price of NSKOG has falen by -38.17%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.

NSKOG's Dividend Yield is comparable with the industry average which is at 3.98.

Compared to the average S&P500 Dividend Yield of 2.40, NSKOG is paying slightly less dividend.

		Industry Rank	Sector Rank
Dividend Yield	1.65%

5.2 History

The dividend of NSKOG decreases each year by -52.50%.

Dividend Growth(5Y)-52.5%

Div Incr Years0

Div Non Decr Years0

5.3 Sustainability

DP0%

EPS Next 2Y29.75%

EPS Next 3Y29.13%

More info and screens

Find the best dividend stocks

Show peers with best dividend

NORSKE SKOG ASA

OSL:NSKOG (11/6/2025, 7:00:00 PM)

14.5

-0.28 (-1.89%)

Chartmill FA Rating

GICS SectorMaterials

GICS IndustryGroupMaterials

GICS IndustryPaper & Forest Products

Earnings (Last)10-24 2025-10-24/bmo

Earnings (Next)02-05 2026-02-05/amc

Inst Owners19.35%

Inst Owner ChangeN/A

Ins Owners20.61%

Ins Owner ChangeN/A

Market Cap1.23B

Revenue(TTM)2.11B

Net Income(TTM)-419.00M

Analysts81.82

Price Target23.97 (65.31%)

Short Float %N/A

Short RatioN/A

Dividend

		Industry Rank	Sector Rank
Dividend Yield	1.65%

Yearly DividendN/A

Dividend Growth(5Y)-52.5%

DP0%

Div Incr Years0

Div Non Decr Years0

Ex-DateN/A

Surprises & Revisions

EPS beat(2)2

Avg EPS beat(2)57.45%

Min EPS beat(2)21.1%

Max EPS beat(2)93.79%

EPS beat(4)2

Avg EPS beat(4)-914.62%

Min EPS beat(4)-3470.39%

Max EPS beat(4)93.79%

EPS beat(8)5

Avg EPS beat(8)317.06%

EPS beat(12)6

Avg EPS beat(12)198.35%

EPS beat(16)10

Avg EPS beat(16)178.71%

Revenue beat(2)0

Avg Revenue beat(2)-12.57%

Min Revenue beat(2)-23.8%

Max Revenue beat(2)-1.34%

Revenue beat(4)0

Avg Revenue beat(4)-14.55%

Min Revenue beat(4)-23.8%

Max Revenue beat(4)-1.34%

Revenue beat(8)0

Avg Revenue beat(8)-15.04%

Revenue beat(12)0

Avg Revenue beat(12)-12.79%

Revenue beat(16)2

Avg Revenue beat(16)-9.38%

PT rev (1m)-18.97%

PT rev (3m)-18.97%

EPS NQ rev (1m)-87.5%

EPS NQ rev (3m)-87.5%

EPS NY rev (1m)0%

EPS NY rev (3m)-270.76%

Revenue NQ rev (1m)-4.98%

Revenue NQ rev (3m)-4.98%

Revenue NY rev (1m)0%

Revenue NY rev (3m)-7.05%

Valuation

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A
P/S	0.12
P/FCF	N/A
P/OCF	N/A
P/B	0.21
P/tB	0.21
EV/EBITDA	N/A

EPS(TTM)-0.64

EYN/A

EPS(NY)-1.48

Fwd EYN/A

FCF(TTM)-3.87

FCFYN/A

OCF(TTM)-1.71

OCFYN/A

SpS118.46

BVpS69.27

TBVpS69.04

PEG (NY)N/A

PEG (5Y)N/A

Graham NumberN/A

Profitability

		Industry Rank	Sector Rank
ROA	-2.98%
ROE	-7.13%
ROCE	3.02%
ROIC	2.51%
ROICexc	2.78%
ROICexgc	2.78%
OM	3.45%
PM (TTM)	N/A
GM	34.35%
FCFM	N/A

ROA(3y)6.63%

ROA(5y)-1.66%

ROE(3y)15.08%

ROE(5y)-4.97%

ROIC(3y)7.92%

ROIC(5y)5.72%

ROICexc(3y)10.51%

ROICexc(5y)7.52%

ROICexgc(3y)10.53%

ROICexgc(5y)7.54%

ROCE(3y)9.55%

ROCE(5y)6.89%

ROICexgc growth 3Y-56.9%

ROICexgc growth 5Y-53.47%

ROICexc growth 3Y-56.85%

ROICexc growth 5Y-53.43%

OM growth 3Y-10.16%

OM growth 5Y-29.15%

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y5.45%

GM growth 5Y0.52%

F-Score2

Asset Turnover0.71

Health

		Industry Rank	Sector Rank
Debt/Equity	0.79
Debt/FCF	N/A
Debt/EBITDA	N/A
Cap/Depr	N/A
Cap/Sales	1.82%
Interest Coverage	7.08
Cash Conversion	N/A
Profit Quality	N/A
Current Ratio	1.39
Quick Ratio	0.78
Altman-Z	0.68

F-Score2

WACCN/A

ROIC/WACCN/A

Cap/Depr(3y)N/A

Cap/Depr(5y)N/A

Cap/Sales(3y)N/A

Cap/Sales(5y)N/A

Profit Quality(3y)N/A

Profit Quality(5y)N/A

High Growth Momentum

Growth

EPS 1Y (TTM)-114.57%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-24.41%

EPS Next Y71.1%

EPS Next 2Y29.75%

EPS Next 3Y29.13%

EPS Next 5YN/A

Revenue 1Y (TTM)-78.63%

Revenue growth 3Y-40.12%

Revenue growth 5Y-29.57%

Sales Q2Q%-16.21%

Revenue Next Year-8.94%

Revenue Next 2Y2.26%

Revenue Next 3Y3.58%

Revenue Next 5YN/A

EBIT growth 1Y-68.71%

EBIT growth 3Y-46.21%

EBIT growth 5Y-50.1%

EBIT Next Year816.5%

EBIT Next 3Y112.07%

EBIT Next 5YN/A

FCF growth 1Y36.06%

FCF growth 3YN/A

FCF growth 5YN/A

OCF growth 1Y-106.73%

OCF growth 3YN/A

OCF growth 5YN/A

NORSKE SKOG ASA / NSKOG.OL FAQ

What is the fundamental rating for NSKOG stock?

ChartMill assigns a fundamental rating of 2 / 10 to NSKOG.OL.

What is the valuation status for NSKOG stock?

ChartMill assigns a valuation rating of 1 / 10 to NORSKE SKOG ASA (NSKOG.OL). This can be considered as Overvalued.

What is the profitability of NSKOG stock?

NORSKE SKOG ASA (NSKOG.OL) has a profitability rating of 3 / 10.

Can you provide the dividend sustainability for NSKOG stock?

The dividend rating of NORSKE SKOG ASA (NSKOG.OL) is 2 / 10 and the dividend payout ratio is 0%.

NORSKE SKOG ASA (NSKOG.OL) Stock Fundamental Analysis

1. Profitability

1.1 Basic Checks

1.2 Ratios

1.3 Margins

More info and screens

2. Health

2.1 Basic Checks

2.2 Solvency

2.3 Liquidity

More info and screens

3. Growth

3.1 Past

3.2 Future

3.3 Evolution

More info and screens

4. Valuation

4.1 Price/Earnings Ratio

4.2 Price Multiples

4.3 Compensation for Growth

More info and screens

5. Dividend

5.1 Amount

5.2 History

5.3 Sustainability

More info and screens

NORSKE SKOG ASA / NSKOG.OL FAQ

What is the fundamental rating for NSKOG stock?

What is the valuation status for NSKOG stock?

What is the profitability of NSKOG stock?

Can you provide the dividend sustainability for NSKOG stock?