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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. While VENDB belongs to the best of the industry regarding profitability, 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.
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 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.
Looking at the Return On Equity, with a value of 37.19%, VENDB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
With a Return On Invested Capital value of 2.55%, VENDB perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for VENDB is significantly below the industry average of 18.66%.
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 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 100.00% of its industry peers.
In the last couple of years the Profit Margin of VENDB has grown nicely.
VENDB has a Operating Margin (15.01%) which is in line with its industry peers.
VENDB's Operating Margin has declined in the last couple of years.
VENDB has a Gross Margin of 110.34%. This is amongst the best in the industry. VENDB outperforms 100.00% of its industry peers.
VENDB's Gross Margin has been stable in the last couple of years.
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

VENDB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, VENDB has more shares outstanding
VENDB has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, VENDB has an improved debt to assets ratio.
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 of 3.15. This is comparable to the rest of the industry: VENDB outperforms 40.91% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that VENDB is not too dependend on debt financing.
The Debt to Equity ratio of VENDB (0.12) is comparable to the rest of the 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

VENDB has a Current Ratio of 2.05. This indicates that VENDB is financially healthy and has no problem in meeting its short term obligations.
VENDB's Current ratio of 2.05 is amongst the best of 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 better Quick ratio (2.05) than 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

VENDB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.49%.
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 quite strong growth in Revenue. The Revenue has grown by 9.29% in the last year.
VENDB shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -15.28% yearly.
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

The Earnings Per Share is expected to decrease by -26.17% 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-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

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

A Price/Earnings ratio of 24.60 indicates a rather expensive valuation of VENDB.
Based on the Price/Earnings ratio, VENDB is valued a bit cheaper than 72.73% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, VENDB is valued at the same level.
VENDB is valuated quite expensively with a Price/Forward Earnings ratio of 47.70.
VENDB's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, VENDB is valued quite expensively.
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

VENDB's Enterprise Value to EBITDA ratio is in line with the industry average.
VENDB's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. VENDB is more expensive than 63.64% of the companies in the same industry.
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

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 -26.17% in the coming years.
PEG (NY)N/A
PEG (5Y)0.73
EPS Next 2Y-45.77%
EPS Next 3Y-26.17%

0

5. Dividend

5.1 Amount

VENDB does not give a dividend.
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%.