VOW ASA (VOW.OL) Stock Fundamental Analysis

OSL:VOW • NO0010708068

2.85 NOK
+0.25 (+9.83%)
Last: Feb 27, 2026, 07:00 PM
Fundamental Rating

3

Overall VOW gets a fundamental rating of 3 out of 10. We evaluated VOW against 43 industry peers in the Commercial Services & Supplies industry. VOW has a bad profitability rating. Also its financial health evaluation is rather negative. VOW shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year VOW has reported negative net income.
  • In the past year VOW had a positive cash flow from operations.
  • In multiple years VOW reported negative net income over the last 5 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M

1.2 Ratios

  • VOW has a worse Return On Assets (-18.67%) than 81.40% of its industry peers.
  • VOW has a worse Return On Equity (-68.47%) than 76.74% of its industry peers.
Industry RankSector Rank
ROA -18.67%
ROE -68.47%
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 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 (20.32%) than 76.74% of its industry peers.
  • VOW's Gross Margin has been stable in the last couple of years.
  • VOW does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 20.32%
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 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.
  • The number of shares outstanding for VOW has been increased compared to 1 year ago.
  • The number of shares outstanding for VOW has been increased compared to 5 years ago.
  • The debt/assets ratio for VOW has been reduced compared to a year ago.
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

  • Based on the Altman-Z score of 0.24, we must say that VOW is in the distress zone and has some risk of bankruptcy.
  • VOW has a worse Altman-Z score (0.24) than 69.77% of its industry peers.
  • VOW has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.03, VOW is in line with its industry, outperforming 46.51% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.03
Debt/FCF N/A
Altman-Z 0.24
ROIC/WACCN/A
WACC8.15%
VOW.OL Yearly LT Debt VS Equity VS FCFVOW.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

  • VOW has a Current Ratio of 0.61. This is a bad value and indicates that VOW is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.61, VOW is not doing good in the industry: 88.37% of the companies in the same industry are doing better.
  • VOW has a Quick Ratio of 0.61. This is a bad value and indicates that VOW is not financially healthy enough and could expect problems in meeting its short term obligations.
  • VOW has a Quick ratio of 0.55. This is in the lower half of the industry: VOW underperforms 79.07% of its industry peers.
Industry RankSector Rank
Current Ratio 0.61
Quick Ratio 0.55
VOW.OL Yearly Current Assets VS Current LiabilitesVOW.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 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.
  • The Revenue has grown by 10.85% in the past year. This is quite good.
  • The Revenue has been growing by 21.74% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-12.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-66.72%
Revenue 1Y (TTM)10.85%
Revenue growth 3Y30.89%
Revenue growth 5Y21.74%
Sales Q2Q%-19.82%

3.2 Future

  • The Earnings Per Share is expected to grow by 136.55% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, VOW will show a very strong growth in Revenue. The Revenue will grow by 26.14% on average per year.
EPS Next Y-706.06%
EPS Next 2Y406.88%
EPS Next 3Y136.55%
EPS Next 5YN/A
Revenue Next Year5.27%
Revenue Next 2Y13.14%
Revenue Next 3Y1.97%
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 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 0.4

3

4. Valuation

4.1 Price/Earnings Ratio

  • VOW reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • The Price/Forward Earnings ratio is 5.82, which indicates a rather cheap valuation of VOW.
  • Based on the Price/Forward Earnings ratio, VOW is valued cheaper than 97.67% 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 28.06.
Industry RankSector Rank
PE N/A
Fwd PE 5.82
VOW.OL Price Earnings VS Forward Price EarningsVOW.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
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 136.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y406.88%
EPS Next 3Y136.55%

0

5. Dividend

5.1 Amount

  • No dividends for VOW!.
Industry RankSector Rank
Dividend Yield 0%

VOW ASA

OSL:VOW (2/27/2026, 7:00:00 PM)

2.85

+0.25 (+9.83%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)02-25
Earnings (Next)05-20
Inst Owners16.19%
Inst Owner ChangeN/A
Ins Owners1.18%
Ins Owner ChangeN/A
Market Cap830.55M
Revenue(TTM)968.50M
Net Income(TTM)-227.10M
Analysts45.71
Price Target10.86 (281.05%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)0%
EPS NY rev (3m)21.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.54%
Revenue NY rev (3m)-3.09%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 5.82
P/S 0.86
P/FCF N/A
P/OCF 24.72
P/B 2.5
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-16.71
EYN/A
EPS(NY)0.49
Fwd EY17.19%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.12
OCFY4.05%
SpS3.32
BVpS1.14
TBVpS-1.14
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -18.67%
ROE -68.47%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 20.32%
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 Turnover0.8
Health
Industry RankSector Rank
Debt/Equity 1.03
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 110.27%
Cap/Sales 6.43%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.61
Quick Ratio 0.55
Altman-Z 0.24
F-Score4
WACC8.15%
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%-66.72%
EPS Next Y-706.06%
EPS Next 2Y406.88%
EPS Next 3Y136.55%
EPS Next 5YN/A
Revenue 1Y (TTM)10.85%
Revenue growth 3Y30.89%
Revenue growth 5Y21.74%
Sales Q2Q%-19.82%
Revenue Next Year5.27%
Revenue Next 2Y13.14%
Revenue Next 3Y1.97%
Revenue Next 5Y26.14%
EBIT growth 1Y100.84%
EBIT growth 3Y-62.81%
EBIT growth 5Y-51.88%
EBIT Next Year147.74%
EBIT Next 3Y47.86%
EBIT Next 5Y66.3%
FCF growth 1Y171.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y26616.7%
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 3 / 10 to VOW.OL.


Can you provide the valuation status for VOW ASA?

ChartMill assigns a valuation rating of 3 / 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.


What is the financial health of VOW ASA (VOW.OL) stock?

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


Is the dividend of VOW ASA sustainable?

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