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

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

382.8  -6.2 (-1.59%)

Fundamental Rating

5

Overall VENDB gets a fundamental rating of 5 out of 10. We evaluated VENDB against 63 industry peers in the Media industry. While VENDB belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. While showing a medium growth rate, VENDB is valued expensive at the moment.


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.
VENDB had a positive operating cash flow in each of the past 5 years.
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

VENDB's Return On Assets of 29.64% is amongst the best of the industry. VENDB outperforms 98.41% of its industry peers.
VENDB's Return On Equity of 37.19% is amongst the best of the industry. VENDB outperforms 96.83% of its industry peers.
The Return On Invested Capital of VENDB (2.55%) is worse than 63.49% of its industry peers.
VENDB had an Average Return On Invested Capital over the past 3 years of 2.06%. This is significantly below the industry average of 7.77%.
The 3 year average ROIC (2.06%) for VENDB is below the current ROIC(2.55%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 29.64%
ROE 37.19%
ROIC 2.55%
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 (145.23%) is better than 98.41% of its industry peers.
VENDB's Profit Margin has improved in the last couple of years.
VENDB has a better Operating Margin (15.01%) than 84.13% of its industry peers.
VENDB's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 110.34%, VENDB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of VENDB has remained more or less at the same level.
Industry RankSector Rank
OM 15.01%
PM (TTM) 145.23%
GM 110.34%
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

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VENDB is destroying value.
VENDB has more shares outstanding than it did 1 year ago.
VENDB has less shares outstanding than it did 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

The Debt to FCF ratio of VENDB is 3.15, which is a good value as it means it would take VENDB, 3.15 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.15, VENDB is doing good in the industry, outperforming 69.84% of the companies in the same industry.
VENDB has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of VENDB (0.12) is better than 79.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 3.15
Altman-Z N/A
ROIC/WACC0.31
WACC8.24%
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 2.05 indicates that VENDB has no problem at all paying its short term obligations.
VENDB's Current ratio of 2.05 is amongst the best of the industry. VENDB outperforms 90.48% of its industry peers.
VENDB has a Quick Ratio of 2.05. This indicates that VENDB is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.05, VENDB belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.05
Quick Ratio 2.05
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 2472.94%, which is quite impressive.
The Earnings Per Share has been growing by 33.81% on average over the past years. This is a very strong growth
Looking at the last year, VENDB shows a very negative growth in Revenue. The Revenue has decreased by -43.76% in the last year.
The Revenue for VENDB have been decreasing by -15.28% on average. This is quite bad
EPS 1Y (TTM)2472.94%
EPS 3Y75.21%
EPS 5Y33.81%
EPS Q2Q%2103.92%
Revenue 1Y (TTM)-43.76%
Revenue growth 3Y-17.12%
Revenue growth 5Y-15.28%
Sales Q2Q%-32.91%

3.2 Future

The Earnings Per Share is expected to decrease by -26.24% on average over the next years. This is quite bad
The Revenue is expected to grow by 0.86% on average over the next years.
EPS Next Y-80.82%
EPS Next 2Y-45.43%
EPS Next 3Y-26.24%
EPS Next 5YN/A
Revenue Next Year-25.87%
Revenue Next 2Y-10.81%
Revenue Next 3Y-3.65%
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.
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.
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

VENDB is valuated reasonably with a Price/Earnings ratio of 9.49.
VENDB's Price/Earnings ratio is a bit cheaper when compared to the industry. VENDB is cheaper than 74.60% of the companies in the same industry.
When comparing the Price/Earnings ratio of VENDB to the average of the S&P500 Index (26.82), we can say VENDB is valued rather cheaply.
With a Price/Forward Earnings ratio of 53.22, VENDB can be considered very expensive at the moment.
65.08% of the companies in the same industry are cheaper than VENDB, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 35.24. VENDB is valued rather expensively when compared to this.
Industry RankSector Rank
PE 9.49
Fwd PE 53.22
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

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VENDB indicates a slightly more expensive valuation: VENDB is more expensive than 73.02% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, VENDB is valued a bit more expensive than 60.32% of the companies in the same industry.
Industry RankSector Rank
P/FCF 79.03
EV/EBITDA 28.98
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.
A cheap valuation may be justified as VENDB's earnings are expected to decrease with -26.24% in the coming years.
PEG (NY)N/A
PEG (5Y)0.28
EPS Next 2Y-45.43%
EPS Next 3Y-26.24%

3

5. Dividend

5.1 Amount

With a yearly dividend of 0.54%, VENDB is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.19, VENDB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, VENDB's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.54%

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

VENDB pays out 37.04% of its income as dividend. This is a sustainable payout ratio.
DP37.04%
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 (8/18/2025, 4:25:15 PM)

382.8

-6.2 (-1.59%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)07-18 2025-07-18/bmo
Earnings (Next)10-28 2025-10-28
Inst Owners78.45%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap89.54B
Analysts70.83
Price Target360.46 (-5.84%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.54%
Yearly Dividend89.76
Dividend Growth(5Y)113.59%
DP37.04%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.61%
Min EPS beat(2)-1721.07%
Max EPS beat(2)1693.85%
EPS beat(4)3
Avg EPS beat(4)496.16%
Min EPS beat(4)-1721.07%
Max EPS beat(4)1693.85%
EPS beat(8)4
Avg EPS beat(8)176.11%
EPS beat(12)4
Avg EPS beat(12)12.27%
EPS beat(16)4
Avg EPS beat(16)-4%
Revenue beat(2)0
Avg Revenue beat(2)-7.93%
Min Revenue beat(2)-11.82%
Max Revenue beat(2)-4.05%
Revenue beat(4)1
Avg Revenue beat(4)-4.53%
Min Revenue beat(4)-11.82%
Max Revenue beat(4)0.73%
Revenue beat(8)1
Avg Revenue beat(8)-9.91%
Revenue beat(12)1
Avg Revenue beat(12)-7.04%
Revenue beat(16)1
Avg Revenue beat(16)-5.98%
PT rev (1m)5.23%
PT rev (3m)N/A
EPS NQ rev (1m)98.89%
EPS NQ rev (3m)58.18%
EPS NY rev (1m)0%
EPS NY rev (3m)0.98%
Revenue NQ rev (1m)-10.09%
Revenue NQ rev (3m)-24.31%
Revenue NY rev (1m)-23.53%
Revenue NY rev (3m)-22.78%
Valuation
Industry RankSector Rank
PE 9.49
Fwd PE 53.22
P/S 12.46
P/FCF 79.03
P/OCF 50.99
P/B 3.19
P/tB 4.42
EV/EBITDA 28.98
EPS(TTM)40.34
EY10.54%
EPS(NY)7.19
Fwd EY1.88%
FCF(TTM)4.84
FCFY1.27%
OCF(TTM)7.51
OCFY1.96%
SpS30.73
BVpS119.99
TBVpS86.67
PEG (NY)N/A
PEG (5Y)0.28
Profitability
Industry RankSector Rank
ROA 29.64%
ROE 37.19%
ROCE 3.31%
ROIC 2.55%
ROICexc 2.76%
ROICexgc 3.73%
OM 15.01%
PM (TTM) 145.23%
GM 110.34%
FCFM 15.76%
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-Score5
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 3.15
Debt/EBITDA 1.08
Cap/Depr 29.69%
Cap/Sales 8.67%
Interest Coverage 250
Cash Conversion 55.27%
Profit Quality 10.85%
Current Ratio 2.05
Quick Ratio 2.05
Altman-Z N/A
F-Score5
WACC8.24%
ROIC/WACC0.31
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)2472.94%
EPS 3Y75.21%
EPS 5Y33.81%
EPS Q2Q%2103.92%
EPS Next Y-80.82%
EPS Next 2Y-45.43%
EPS Next 3Y-26.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-43.76%
Revenue growth 3Y-17.12%
Revenue growth 5Y-15.28%
Sales Q2Q%-32.91%
Revenue Next Year-25.87%
Revenue Next 2Y-10.81%
Revenue Next 3Y-3.65%
Revenue Next 5Y0.86%
EBIT growth 1Y-22.76%
EBIT growth 3Y-18.4%
EBIT growth 5Y-18.43%
EBIT Next Year112.34%
EBIT Next 3Y49.42%
EBIT Next 5Y35.34%
FCF growth 1Y47.14%
FCF growth 3Y-24.42%
FCF growth 5Y-19.17%
OCF growth 1Y-2.88%
OCF growth 3Y-16.77%
OCF growth 5Y-12.73%