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VOW ASA (VOW.OL) Stock Fundamental Analysis

Europe - OSL:VOW - NO0010708068 - Common Stock

1.638 NOK
+0.02 (+1.24%)
Last: 11/7/2025, 7:00:00 PM
Fundamental Rating

3

VOW gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 44 industry peers in the Commercial Services & Supplies industry. VOW may be in some trouble as it scores bad on both profitability and health. VOW is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

VOW had negative earnings in the past year.
VOW had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: VOW reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: VOW reported negative operating cash flow in multiple years.
VOW.OL Yearly Net Income VS EBIT VS OCF VS FCFVOW.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 100M -100M 200M 300M

1.2 Ratios

With a Return On Assets value of -15.05%, VOW is not doing good in the industry: 78.38% of the companies in the same industry are doing better.
VOW has a Return On Equity of -48.59%. This is in the lower half of the industry: VOW underperforms 75.68% of its industry peers.
Industry RankSector Rank
ROA -15.05%
ROE -48.59%
ROIC N/A
ROA(3y)-5.99%
ROA(5y)3.04%
ROE(3y)-21.1%
ROE(5y)1.46%
ROIC(3y)N/A
ROIC(5y)N/A
VOW.OL Yearly ROA, ROE, ROICVOW.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

1.3 Margins

VOW's Operating Margin has declined in the last couple of years.
VOW has a worse Gross Margin (25.05%) than 78.38% of its industry peers.
In the last couple of years the Gross Margin of VOW has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for VOW so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 25.05%
OM growth 3Y-71.59%
OM growth 5Y-60.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7%
GM growth 5Y-1.3%
VOW.OL Yearly Profit, Operating, Gross MarginsVOW.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

1

2. Health

2.1 Basic Checks

VOW does not have a ROIC to compare to the WACC, probably because it is not profitable.
VOW has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, VOW has more shares outstanding
VOW has a better debt/assets ratio than last year.
VOW.OL Yearly Shares OutstandingVOW.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
VOW.OL Yearly Total Debt VS Total AssetsVOW.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

VOW has an Altman-Z score of 0.35. This is a bad value and indicates that VOW is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of VOW (0.35) is worse than 72.97% of its industry peers.
A Debt/Equity ratio of 0.81 indicates that VOW is somewhat dependend on debt financing.
VOW's Debt to Equity ratio of 0.81 is in line compared to the rest of the industry. VOW outperforms 45.95% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.81
Debt/FCF N/A
Altman-Z 0.35
ROIC/WACCN/A
WACC8.4%
VOW.OL Yearly LT Debt VS Equity VS FCFVOW.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

VOW has a Current Ratio of 0.68. This is a bad value and indicates that VOW is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.68, VOW is doing worse than 83.78% of the companies in the same industry.
A Quick Ratio of 0.63 indicates that VOW may have some problems paying its short term obligations.
VOW has a Quick ratio of 0.63. This is in the lower half of the industry: VOW underperforms 78.38% of its industry peers.
Industry RankSector Rank
Current Ratio 0.68
Quick Ratio 0.63
VOW.OL Yearly Current Assets VS Current LiabilitesVOW.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

7

3. Growth

3.1 Past

The earnings per share for VOW have decreased strongly by -12.60% in the last year.
VOW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.85%.
VOW shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.74% yearly.
EPS 1Y (TTM)-12.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-0.5%
Revenue 1Y (TTM)10.85%
Revenue growth 3Y30.89%
Revenue growth 5Y21.74%
Sales Q2Q%-9.93%

3.2 Future

The Earnings Per Share is expected to grow by 127.47% on average over the next years. This is a very strong growth
VOW is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 26.14% yearly.
EPS Next Y-925.89%
EPS Next 2Y399.6%
EPS Next 3Y127.47%
EPS Next 5YN/A
Revenue Next Year8.63%
Revenue Next 2Y15.77%
Revenue Next 3Y6.11%
Revenue Next 5Y26.14%

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
VOW.OL Yearly Revenue VS EstimatesVOW.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
VOW.OL Yearly EPS VS EstimatesVOW.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4

3

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for VOW. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 3.45 indicates a rather cheap valuation of VOW.
Based on the Price/Forward Earnings ratio, VOW is valued cheaper than 97.30% of the companies in the same industry.
VOW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.73.
Industry RankSector Rank
PE N/A
Fwd PE 3.45
VOW.OL Price Earnings VS Forward Price EarningsVOW.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VOW indicates a slightly more expensive valuation: VOW is more expensive than 64.86% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 145.2
VOW.OL Per share dataVOW.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -5 -10 -15

4.3 Compensation for Growth

VOW's earnings are expected to grow with 127.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y399.6%
EPS Next 3Y127.47%

0

5. Dividend

5.1 Amount

VOW does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

VOW ASA

OSL:VOW (11/7/2025, 7:00:00 PM)

1.638

+0.02 (+1.24%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)08-28 2025-08-28
Earnings (Next)11-19 2025-11-19
Inst Owners14.74%
Inst Owner ChangeN/A
Ins Owners1.18%
Ins Owner ChangeN/A
Market Cap477.35M
Revenue(TTM)1.02B
Net Income(TTM)-189.60M
Analysts42.86
Price Target10.86 (563%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)51.16%
EPS NY rev (3m)-168.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.16%
Revenue NY rev (3m)12.29%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 3.45
P/S 0.47
P/FCF N/A
P/OCF 31.82
P/B 1.22
P/tB N/A
EV/EBITDA 145.2
EPS(TTM)-16.64
EYN/A
EPS(NY)0.47
Fwd EY28.98%
FCF(TTM)-0.14
FCFYN/A
OCF(TTM)0.05
OCFY3.14%
SpS3.51
BVpS1.34
TBVpS-0.93
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -15.05%
ROE -48.59%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 25.05%
FCFM N/A
ROA(3y)-5.99%
ROA(5y)3.04%
ROE(3y)-21.1%
ROE(5y)1.46%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-71.59%
OM growth 5Y-60.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7%
GM growth 5Y-1.3%
F-Score4
Asset Turnover0.81
Health
Industry RankSector Rank
Debt/Equity 0.81
Debt/FCF N/A
Debt/EBITDA 59.49
Cap/Depr 92.7%
Cap/Sales 5.35%
Interest Coverage N/A
Cash Conversion 283.02%
Profit Quality N/A
Current Ratio 0.68
Quick Ratio 0.63
Altman-Z 0.35
F-Score4
WACC8.4%
ROIC/WACCN/A
Cap/Depr(3y)239.86%
Cap/Depr(5y)282.37%
Cap/Sales(3y)11.74%
Cap/Sales(5y)14.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-0.5%
EPS Next Y-925.89%
EPS Next 2Y399.6%
EPS Next 3Y127.47%
EPS Next 5YN/A
Revenue 1Y (TTM)10.85%
Revenue growth 3Y30.89%
Revenue growth 5Y21.74%
Sales Q2Q%-9.93%
Revenue Next Year8.63%
Revenue Next 2Y15.77%
Revenue Next 3Y6.11%
Revenue Next 5Y26.14%
EBIT growth 1Y100.84%
EBIT growth 3Y-62.81%
EBIT growth 5Y-51.88%
EBIT Next Year-82.58%
EBIT Next 3Y47.26%
EBIT Next 5Y66.3%
FCF growth 1Y79.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y115.97%
OCF growth 3Y106.76%
OCF growth 5YN/A

VOW ASA / VOW.OL FAQ

What is the fundamental rating for VOW stock?

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


What is the valuation status for VOW stock?

ChartMill assigns a valuation rating of 2 / 10 to VOW ASA (VOW.OL). This can be considered as Overvalued.


How profitable is VOW ASA (VOW.OL) stock?

VOW ASA (VOW.OL) has a profitability rating of 1 / 10.


Can you provide the financial health for VOW stock?

The financial health rating of VOW ASA (VOW.OL) is 1 / 10.


How sustainable is the dividend of VOW ASA (VOW.OL) stock?

The dividend rating of VOW ASA (VOW.OL) is 0 / 10 and the dividend payout ratio is 0%.