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VEND MARKETPLACES ASA CL-B (VENDB.OL) Stock Fundamental Analysis

OSL:VENDB - Euronext Oslo - NO0010736879 - Common Stock - Currency: NOK

371.6  +27.6 (+8.02%)

Fundamental Rating

5

Overall VENDB gets a fundamental rating of 5 out of 10. We evaluated VENDB against 66 industry peers in the Media industry. While VENDB has a great profitability rating, there are some minor concerns on its financial health. VENDB is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

VENDB had positive earnings in the past year.
VENDB had a positive operating cash flow in the past year.
VENDB had positive earnings in 4 of the past 5 years.
Each year in the past 5 years VENDB had a positive operating cash flow.
VENDB.OL Yearly Net Income VS EBIT VS OCF VS FCFVENDB.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 20B -20B 40B

1.2 Ratios

With an excellent Return On Assets value of 32.89%, VENDB belongs to the best of the industry, outperforming 98.48% of the companies in the same industry.
Looking at the Return On Equity, with a value of 41.31%, VENDB belongs to the top of the industry, outperforming 96.97% of the companies in the same industry.
With a Return On Invested Capital value of 2.33%, VENDB is not doing good in the industry: 60.61% of the companies in the same industry are doing better.
VENDB had an Average Return On Invested Capital over the past 3 years of 2.06%. This is significantly below the industry average of 8.01%.
The 3 year average ROIC (2.06%) for VENDB is below the current ROIC(2.33%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 32.89%
ROE 41.31%
ROIC 2.33%
ROA(3y)1.92%
ROA(5y)14.39%
ROE(3y)-1.98%
ROE(5y)16.93%
ROIC(3y)2.06%
ROIC(5y)2.64%
VENDB.OL Yearly ROA, ROE, ROICVENDB.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

1.3 Margins

The Profit Margin of VENDB (148.96%) is better than 98.48% of its industry peers.
In the last couple of years the Profit Margin of VENDB has grown nicely.
The Operating Margin of VENDB (12.67%) is better than 83.33% of its industry peers.
In the last couple of years the Operating Margin of VENDB has declined.
VENDB's Gross Margin of 110.75% is amongst the best of the industry. VENDB outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of VENDB has remained more or less at the same level.
Industry RankSector Rank
OM 12.67%
PM (TTM) 148.96%
GM 110.75%
OM growth 3Y-1.54%
OM growth 5Y-3.72%
PM growth 3Y-18.04%
PM growth 5Y99.1%
GM growth 3Y-1.25%
GM growth 5Y-1.05%
VENDB.OL Yearly Profit, Operating, Gross MarginsVENDB.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200

6

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VENDB is destroying value.
The number of shares outstanding for VENDB has been increased compared to 1 year ago.
The number of shares outstanding for VENDB has been reduced compared to 5 years ago.
VENDB has a better debt/assets ratio than last year.
VENDB.OL Yearly Shares OutstandingVENDB.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
VENDB.OL Yearly Total Debt VS Total AssetsVENDB.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

VENDB has a debt to FCF ratio of 4.03. This is a neutral value as VENDB would need 4.03 years to pay back of all of its debts.
The Debt to FCF ratio of VENDB (4.03) is better than 66.67% of its industry peers.
VENDB has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of VENDB (0.13) is better than 80.30% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 4.03
Altman-Z N/A
ROIC/WACC0.28
WACC8.35%
VENDB.OL Yearly LT Debt VS Equity VS FCFVENDB.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.3 Liquidity

A Current Ratio of 2.61 indicates that VENDB has no problem at all paying its short term obligations.
VENDB's Current ratio of 2.61 is amongst the best of the industry. VENDB outperforms 95.45% of its industry peers.
VENDB has a Quick Ratio of 2.61. This indicates that VENDB is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.61, VENDB belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.61
Quick Ratio 2.61
VENDB.OL Yearly Current Assets VS Current LiabilitesVENDB.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

4

3. Growth

3.1 Past

VENDB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 365.92%, which is quite impressive.
Measured over the past years, VENDB shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.81% on average per year.
The Revenue for VENDB has decreased by -43.92% in the past year. This is quite bad
Measured over the past years, VENDB shows a very negative growth in Revenue. The Revenue has been decreasing by -15.28% on average per year.
EPS 1Y (TTM)365.92%
EPS 3Y75.21%
EPS 5Y33.81%
EPS Q2Q%-120.87%
Revenue 1Y (TTM)-43.92%
Revenue growth 3Y-17.12%
Revenue growth 5Y-15.28%
Sales Q2Q%-13.18%

3.2 Future

VENDB is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -26.24% yearly.
Based on estimates for the next years, VENDB will show a small growth in Revenue. The Revenue will grow by 0.86% on average per year.
EPS Next Y-80.82%
EPS Next 2Y-45.43%
EPS Next 3Y-26.24%
EPS Next 5YN/A
Revenue Next Year-3.06%
Revenue Next 2Y-0.12%
Revenue Next 3Y3.2%
Revenue Next 5Y0.86%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
VENDB.OL Yearly Revenue VS EstimatesVENDB.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B
VENDB.OL Yearly EPS VS EstimatesVENDB.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 10 -10 20 -20

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 19.68, which indicates a rather expensive current valuation of VENDB.
Compared to the rest of the industry, the Price/Earnings ratio of VENDB is on the same level as its industry peers.
VENDB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
VENDB is valuated quite expensively with a Price/Forward Earnings ratio of 51.67.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VENDB is on the same level as its industry peers.
VENDB is valuated rather expensively when we compare the Price/Forward Earnings ratio to 36.44, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 19.68
Fwd PE 51.67
VENDB.OL Price Earnings VS Forward Price EarningsVENDB.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

71.21% of the companies in the same industry are cheaper than VENDB, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, VENDB is valued a bit more expensive than 63.64% of the companies in the same industry.
Industry RankSector Rank
P/FCF 92.57
EV/EBITDA 24.8
VENDB.OL Per share dataVENDB.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

The decent profitability rating of VENDB may justify a higher PE ratio.
VENDB's earnings are expected to decrease with -26.24% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.58
EPS Next 2Y-45.43%
EPS Next 3Y-26.24%

2

5. Dividend

5.1 Amount

VENDB has a yearly dividend return of 0.62%, which is pretty low.
VENDB's Dividend Yield is comparable with the industry average which is at 5.53.
With a Dividend Yield of 0.62, VENDB pays less dividend than the S&P500 average, which is at 2.34.
Industry RankSector Rank
Dividend Yield 0.62%

5.2 History

On average, the dividend of VENDB grows each year by 113.59%, which is quite nice.
Dividend Growth(5Y)113.59%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

171.21% of the earnings are spent on dividend by VENDB. This is not a sustainable payout ratio.
The Dividend Rate of VENDB has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP171.21%
EPS Next 2Y-45.43%
EPS Next 3Y-26.24%
VENDB.OL Yearly Income VS Free CF VS DividendVENDB.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 20B -20B 40B
VENDB.OL Dividend Payout.VENDB.OL Dividend Payout, showing the Payout Ratio.VENDB.OL Dividend Payout.PayoutRetained Earnings

VEND MARKETPLACES ASA CL-B

OSL:VENDB (7/18/2025, 7:00:00 PM)

371.6

+27.6 (+8.02%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)07-18 2025-07-18
Earnings (Next)10-28 2025-10-28
Inst Owners78.45%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap86.92B
Analysts70.83
Price Target342.55 (-7.82%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.62%
Yearly Dividend89.76
Dividend Growth(5Y)113.59%
DP171.21%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-590.68%
Min EPS beat(2)-1721.07%
Max EPS beat(2)539.71%
EPS beat(4)2
Avg EPS beat(4)68.72%
Min EPS beat(4)-1721.07%
Max EPS beat(4)1472.16%
EPS beat(8)3
Avg EPS beat(8)-145.94%
EPS beat(12)3
Avg EPS beat(12)-132.16%
EPS beat(16)3
Avg EPS beat(16)-110.88%
Revenue beat(2)0
Avg Revenue beat(2)-3.52%
Min Revenue beat(2)-4.05%
Max Revenue beat(2)-3%
Revenue beat(4)1
Avg Revenue beat(4)-6.57%
Min Revenue beat(4)-19.97%
Max Revenue beat(4)0.73%
Revenue beat(8)1
Avg Revenue beat(8)-8.48%
Revenue beat(12)1
Avg Revenue beat(12)-6.12%
Revenue beat(16)1
Avg Revenue beat(16)-5.26%
PT rev (1m)-1.61%
PT rev (3m)N/A
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)-8.33%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 19.68
Fwd PE 51.67
P/S 10.84
P/FCF 92.57
P/OCF 53.07
P/B 3.01
P/tB 4.09
EV/EBITDA 24.8
EPS(TTM)18.88
EY5.08%
EPS(NY)7.19
Fwd EY1.94%
FCF(TTM)4.01
FCFY1.08%
OCF(TTM)7
OCFY1.88%
SpS34.28
BVpS123.61
TBVpS90.85
PEG (NY)N/A
PEG (5Y)0.58
Profitability
Industry RankSector Rank
ROA 32.89%
ROE 41.31%
ROCE 3.02%
ROIC 2.33%
ROICexc 2.67%
ROICexgc 3.62%
OM 12.67%
PM (TTM) 148.96%
GM 110.75%
FCFM 11.71%
ROA(3y)1.92%
ROA(5y)14.39%
ROE(3y)-1.98%
ROE(5y)16.93%
ROIC(3y)2.06%
ROIC(5y)2.64%
ROICexc(3y)2.28%
ROICexc(5y)2.84%
ROICexgc(3y)3.08%
ROICexgc(5y)3.81%
ROCE(3y)2.73%
ROCE(5y)3.46%
ROICexcg growth 3Y1.98%
ROICexcg growth 5Y-40.51%
ROICexc growth 3Y-1.35%
ROICexc growth 5Y-24.02%
OM growth 3Y-1.54%
OM growth 5Y-3.72%
PM growth 3Y-18.04%
PM growth 5Y99.1%
GM growth 3Y-1.25%
GM growth 5Y-1.05%
F-Score6
Asset Turnover0.22
Health
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 4.03
Debt/EBITDA 1.13
Cap/Depr 31.69%
Cap/Sales 8.72%
Interest Coverage 250
Cash Conversion 50.84%
Profit Quality 7.86%
Current Ratio 2.61
Quick Ratio 2.61
Altman-Z N/A
F-Score6
WACC8.35%
ROIC/WACC0.28
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)9.96%
Cap/Sales(5y)8.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)365.92%
EPS 3Y75.21%
EPS 5Y33.81%
EPS Q2Q%-120.87%
EPS Next Y-80.82%
EPS Next 2Y-45.43%
EPS Next 3Y-26.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-43.92%
Revenue growth 3Y-17.12%
Revenue growth 5Y-15.28%
Sales Q2Q%-13.18%
Revenue Next Year-3.06%
Revenue Next 2Y-0.12%
Revenue Next 3Y3.2%
Revenue Next 5Y0.86%
EBIT growth 1Y-29.54%
EBIT growth 3Y-18.4%
EBIT growth 5Y-18.43%
EBIT Next Year112.34%
EBIT Next 3Y49.42%
EBIT Next 5Y35.34%
FCF growth 1Y26.21%
FCF growth 3Y-24.42%
FCF growth 5Y-19.17%
OCF growth 1Y-7.04%
OCF growth 3Y-16.77%
OCF growth 5Y-12.73%