VOW ASA (VOW.OL) Fundamental Analysis & Valuation

OSL:VOW • NO0010708068

Current stock price

2.342 NOK
-0.05 (-2.01%)
Last:

This VOW.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. VOW.OL Profitability Analysis

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.
  • In multiple years VOW reported negative operating cash flow during the last 5 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 2025 0 200M -200M

1.2 Ratios

  • VOW has a worse Return On Assets (-24.79%) than 81.82% of its industry peers.
  • VOW has a worse Return On Equity (-122.26%) than 79.55% of its industry peers.
Industry RankSector Rank
ROA -24.79%
ROE -122.26%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 2025 0 20 -20 40 60

1.3 Margins

  • VOW has a Gross Margin of 19.22%. This is in the lower half of the industry: VOW underperforms 79.55% of its industry peers.
  • VOW's Gross Margin has declined 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 19.22%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-21.21%
GM growth 5Y-12.36%
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 2025 0 20 -20 40 60

0

2. VOW.OL Health Analysis

2.1 Basic Checks

  • VOW does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • There is no outstanding debt for VOW. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
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 0.12. This is a bad value and indicates that VOW is not financially healthy and even has some risk of bankruptcy.
  • VOW has a Altman-Z score of 0.12. This is in the lower half of the industry: VOW underperforms 70.45% of its industry peers.
  • VOW has a debt to FCF ratio of 23.14. This is a negative value and a sign of low solvency as VOW would need 23.14 years to pay back of all of its debts.
  • VOW has a worse Debt to FCF ratio (23.14) than 61.36% of its industry peers.
  • A Debt/Equity ratio of 1.18 is on the high side and indicates that VOW has dependencies on debt financing.
  • VOW has a worse Debt to Equity ratio (1.18) than 61.36% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.18
Debt/FCF 23.15
Altman-Z 0.12
ROIC/WACCN/A
WACC9.44%
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 2025 0 200M 400M

2.3 Liquidity

  • VOW has a Current Ratio of 0.58. 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 0.58, VOW is doing worse than 88.64% of the companies in the same industry.
  • A Quick Ratio of 0.53 indicates that VOW may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.53, VOW is doing worse than 79.55% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.53
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

6

3. VOW.OL Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 8.26% over the past year.
  • VOW shows a small growth in Revenue. In the last year, the Revenue has grown by 1.57%.
  • Measured over the past years, VOW shows a quite strong growth in Revenue. The Revenue has been growing by 17.60% on average per year.
EPS 1Y (TTM)8.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%97.53%
Revenue 1Y (TTM)1.57%
Revenue growth 3Y9.73%
Revenue growth 5Y17.6%
Sales Q2Q%30.7%

3.2 Future

  • VOW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 57.48% yearly.
  • Based on estimates for the next years, VOW will show a very strong growth in Revenue. The Revenue will grow by 30.19% on average per year.
EPS Next Y222.67%
EPS Next 2Y57.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year21.58%
Revenue Next 2Y0.36%
Revenue Next 3Y35.54%
Revenue Next 5Y30.19%

3.3 Evolution

  • 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.
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 -0.2 0.4

5

4. VOW.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for VOW. In the last year negative earnings were reported.
  • With a Price/Forward Earnings ratio of 5.04, the valuation of VOW can be described as very cheap.
  • VOW's Price/Forward Earnings ratio is rather cheap when compared to the industry. VOW is cheaper than 97.73% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of VOW to the average of the S&P500 Index (22.70), we can say VOW is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 5.04
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

  • VOW's Enterprise Value to EBITDA is on the same level as the industry average.
  • VOW's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 34.13
EV/EBITDA 12.76
VOW.OL Per share dataVOW.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 3

4.3 Compensation for Growth

  • VOW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as VOW's earnings are expected to grow with 57.48% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y57.48%
EPS Next 3YN/A

0

5. VOW.OL Dividend Analysis

5.1 Amount

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

VOW.OL Fundamentals: All Metrics, Ratios and Statistics

VOW ASA

OSL:VOW (3/24/2026, 12:23:25 PM)

2.342

-0.05 (-2.01%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)02-25
Earnings (Next)05-20
Inst Owners16.66%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap682.51M
Revenue(TTM)1.05B
Net Income(TTM)-264.20M
Analysts45.71
Price Target10.86 (363.71%)
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)-5.15%
EPS NY rev (3m)-5.15%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.57%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 5.04
P/S 0.65
P/FCF 34.13
P/OCF 10.53
P/B 3.16
P/tB N/A
EV/EBITDA 12.76
EPS(TTM)-0.92
EYN/A
EPS(NY)0.46
Fwd EY19.84%
FCF(TTM)0.07
FCFY2.93%
OCF(TTM)0.22
OCFY9.49%
SpS3.6
BVpS0.74
TBVpS-1.13
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -24.79%
ROE -122.26%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 19.22%
FCFM 1.9%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-21.21%
GM growth 5Y-12.36%
F-Score5
Asset Turnover0.99
Health
Industry RankSector Rank
Debt/Equity 1.18
Debt/FCF 23.15
Debt/EBITDA 3.37
Cap/Depr 26.79%
Cap/Sales 4.27%
Interest Coverage N/A
Cash Conversion 85.71%
Profit Quality N/A
Current Ratio 0.58
Quick Ratio 0.53
Altman-Z 0.12
F-Score5
WACC9.44%
ROIC/WACCN/A
Cap/Depr(3y)127.46%
Cap/Depr(5y)228.37%
Cap/Sales(3y)8.19%
Cap/Sales(5y)12.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.26%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%97.53%
EPS Next Y222.67%
EPS Next 2Y57.48%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.57%
Revenue growth 3Y9.73%
Revenue growth 5Y17.6%
Sales Q2Q%30.7%
Revenue Next Year21.58%
Revenue Next 2Y0.36%
Revenue Next 3Y35.54%
Revenue Next 5Y30.19%
EBIT growth 1Y-11933.3%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year327.21%
EBIT Next 3Y107.84%
EBIT Next 5Y67.9%
FCF growth 1Y-76.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-59.27%
OCF growth 3YN/A
OCF growth 5YN/A

VOW ASA / VOW.OL Fundamental Analysis FAQ

What is the fundamental rating for VOW stock?

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


Can you provide the valuation status for VOW ASA?

ChartMill assigns a valuation rating of 5 / 10 to VOW ASA (VOW.OL). This can be considered as Fairly Valued.


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 0 / 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%.