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

Europe - Euronext Oslo - OSL:VENDB - NO0010736879 - Common Stock

338.8 NOK
+7.8 (+2.36%)
Last: 10/27/2025, 4:19:45 PM
Fundamental Rating

5

VENDB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 21 industry peers in the Interactive Media & Services industry. VENDB has an excellent profitability rating, but there are some minor concerns on its financial health. VENDB has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

VENDB had positive earnings in the past year.
In the past year VENDB had a positive cash flow from operations.
Of the past 5 years VENDB 4 years were profitable.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B -20B 40B

1.2 Ratios

The Return On Assets of VENDB (29.64%) is better than 95.45% of its industry peers.
VENDB has a Return On Equity of 37.19%. This is amongst the best in the industry. VENDB outperforms 100.00% of its industry peers.
VENDB has a Return On Invested Capital (2.55%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VENDB is significantly below the industry average of 18.66%.
The last Return On Invested Capital (2.55%) for VENDB is above the 3 year average (2.06%), which is a sign of increasing profitability.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

1.3 Margins

Looking at the Profit Margin, with a value of 145.23%, VENDB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of VENDB has grown nicely.
VENDB has a Operating Margin (15.01%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of VENDB has declined.
VENDB has a Gross Margin of 110.34%. This is amongst the best in 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 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 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.
The number of shares outstanding for VENDB has been increased compared to 1 year ago.
Compared to 5 years ago, VENDB has less shares outstanding
The debt/assets ratio for VENDB has been reduced compared to a year ago.
VENDB.OL Yearly Shares OutstandingVENDB.OL Yearly Shares OutstandingYearly Shares Outstanding 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

VENDB has a debt to FCF ratio of 3.15. This is a good value and a sign of high solvency as VENDB would need 3.15 years to pay back of all of its debts.
VENDB has a Debt to FCF ratio (3.15) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.12 indicates that VENDB is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.12, VENDB perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
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 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 has a Current ratio of 2.05. This is amongst the best in the industry. VENDB outperforms 81.82% 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.
VENDB has a Quick ratio of 2.05. This is amongst the best in the industry. VENDB outperforms 81.82% of its industry peers.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

3

3. Growth

3.1 Past

The earnings per share for VENDB have decreased strongly by -28.49% in the last year.
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 has grown by 9.29% in the past year. This is quite good.
The Revenue for VENDB have been decreasing by -15.28% on average. This is quite bad
EPS 1Y (TTM)-28.49%
EPS 3Y75.21%
EPS 5Y33.81%
EPS Q2Q%-113.97%
Revenue 1Y (TTM)9.29%
Revenue growth 3Y-17.12%
Revenue growth 5Y-15.28%
Sales Q2Q%-38.82%

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 -26.17% yearly.
VENDB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.86% yearly.
EPS Next Y-72.06%
EPS Next 2Y-45.77%
EPS Next 3Y-26.17%
EPS Next 5YN/A
Revenue Next Year-25%
Revenue Next 2Y-14.57%
Revenue Next 3Y-6.48%
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 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 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 24.60, which indicates a rather expensive current valuation of VENDB.
VENDB's Price/Earnings ratio is a bit cheaper when compared to the industry. VENDB is cheaper than 72.73% of the companies in the same industry.
VENDB is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
VENDB is valuated quite expensively with a Price/Forward Earnings ratio of 47.70.
VENDB's Price/Forward Earnings is on the same level as the industry average.
VENDB's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.57.
Industry RankSector Rank
PE 24.6
Fwd PE 47.7
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

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VENDB is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, VENDB is valued a bit more expensive than the industry average as 63.64% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 67.84
EV/EBITDA 24.53
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

VENDB has a very decent profitability rating, which may justify a higher PE ratio.
VENDB's earnings are expected to decrease with -26.17% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.73
EPS Next 2Y-45.77%
EPS Next 3Y-26.17%

0

5. Dividend

5.1 Amount

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

VEND MARKETPLACES ASA CL-B

OSL:VENDB (10/27/2025, 4:19:45 PM)

338.8

+7.8 (+2.36%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)10-28 2025-10-28/bmo
Earnings (Next)02-05 2026-02-05/amc
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap76.87B
Revenue(TTM)8.32B
Net Income(TTM)10.44B
Analysts72.38
Price Target383.89 (13.31%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
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)0%
PT rev (3m)6.5%
EPS NQ rev (1m)-8.15%
EPS NQ rev (3m)12.68%
EPS NY rev (1m)0%
EPS NY rev (3m)45.71%
Revenue NQ rev (1m)-0.65%
Revenue NQ rev (3m)-13.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.17%
Valuation
Industry RankSector Rank
PE 24.6
Fwd PE 47.7
P/S 10.69
P/FCF 67.84
P/OCF 43.77
P/B 2.74
P/tB 3.79
EV/EBITDA 24.53
EPS(TTM)13.77
EY4.06%
EPS(NY)7.1
Fwd EY2.1%
FCF(TTM)4.99
FCFY1.47%
OCF(TTM)7.74
OCFY2.28%
SpS31.68
BVpS123.71
TBVpS89.36
PEG (NY)N/A
PEG (5Y)0.73
Graham Number195.78
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%
ROICexgc growth 3Y1.98%
ROICexgc 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)-28.49%
EPS 3Y75.21%
EPS 5Y33.81%
EPS Q2Q%-113.97%
EPS Next Y-72.06%
EPS Next 2Y-45.77%
EPS Next 3Y-26.17%
EPS Next 5YN/A
Revenue 1Y (TTM)9.29%
Revenue growth 3Y-17.12%
Revenue growth 5Y-15.28%
Sales Q2Q%-38.82%
Revenue Next Year-25%
Revenue Next 2Y-14.57%
Revenue Next 3Y-6.48%
Revenue Next 5Y0.86%
EBIT growth 1Y-22.76%
EBIT growth 3Y-18.4%
EBIT growth 5Y-18.43%
EBIT Next Year109.21%
EBIT Next 3Y48.25%
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%

VEND MARKETPLACES ASA CL-B / VENDB.OL FAQ

Can you provide the ChartMill fundamental rating for VEND MARKETPLACES ASA CL-B?

ChartMill assigns a fundamental rating of 5 / 10 to VENDB.OL.


Can you provide the valuation status for VEND MARKETPLACES ASA CL-B?

ChartMill assigns a valuation rating of 2 / 10 to VEND MARKETPLACES ASA CL-B (VENDB.OL). This can be considered as Overvalued.


Can you provide the profitability details for VEND MARKETPLACES ASA CL-B?

VEND MARKETPLACES ASA CL-B (VENDB.OL) has a profitability rating of 7 / 10.


What is the financial health of VEND MARKETPLACES ASA CL-B (VENDB.OL) stock?

The financial health rating of VEND MARKETPLACES ASA CL-B (VENDB.OL) is 6 / 10.


Can you provide the dividend sustainability for VENDB stock?

The dividend rating of VEND MARKETPLACES ASA CL-B (VENDB.OL) is 4 / 10 and the dividend payout ratio is 37.04%.