NOK565.00
3.48%
Oslo, Thu, Nov 14 2024
ISIN
NO0010379266
Symbol
NOR
Sector
Industry

Norwegian Energy Company ASA Noreco Target price 2024 - Analyst rating & recommendation

Norwegian Energy Company ASA Noreco Classifications & Recommendation:

Buy
100%

Norwegian Energy Company ASA Noreco Price Target

Target Price NOK701.83
Price NOK578.00
Potential
Number of Estimates 6
6 Analysts have issued a price target Norwegian Energy Company ASA Noreco 2025 . The average Norwegian Energy Company ASA Noreco target price is NOK701.83. This is higher than the current stock price. The highest price target is
NOK826.82 43.05%
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, the lowest is .
A rating was issued by 7 analysts: 7 Analysts recommend Norwegian Energy Company ASA Noreco to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Norwegian Energy Company ASA Noreco stock has an average upside potential 2025 of . Most analysts recommend the Norwegian Energy Company ASA Noreco stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion NOK 8.40 8.20
9.66% 2.43%
EBITDA Margin 53.01% 51.80%
16.13% 2.28%
Net Margin 14.05% 4.68%
520.15% 66.69%

7 Analysts have issued a sales forecast Norwegian Energy Company ASA Noreco 2024 . The average Norwegian Energy Company ASA Noreco sales estimate is

NOK8.2b
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. This is
10.62% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
NOK8.4b 13.49%
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, the lowest is
NOK7.8b 5.36%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 NOK8.4b 9.66%
2024
NOK8.2b 2.43%
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2025
NOK16.0b 94.54%
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2026
NOK14.6b 8.33%
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2027
NOK13.9b 4.69%
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2028
NOK14.1b 1.07%
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7 Analysts have issued an Norwegian Energy Company ASA Noreco EBITDA forecast 2024. The average Norwegian Energy Company ASA Noreco EBITDA estimate is

NOK4.2b
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. This is
16.72% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
NOK4.6b 27.59%
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, the lowest is
NOK3.8b 5.36%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 NOK4.5b 24.23%
2024
NOK4.2b 4.65%
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2025
NOK11.7b 175.41%
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2026
NOK10.6b 9.70%
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2027
NOK10.0b 5.75%
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2028
NOK10.3b 3.96%
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EBITDA Margin

2023 53.01% 16.13%
2024
51.80% 2.28%
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2025
73.33% 41.56%
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2026
72.24% 1.49%
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2027
71.43% 1.12%
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2028
73.48% 2.87%
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7 Norwegian Energy Company ASA Noreco Analysts have issued a net profit forecast 2024. The average Norwegian Energy Company ASA Noreco net profit estimate is

NOK384m
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. This is
8.79% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
NOK617m 74.86%
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, the lowest is
NOK220m 37.73%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 NOK1.2b 479.56%
2024
NOK384m 67.51%
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2025
NOK2.8b 639.49%
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2026
NOK2.5b 13.52%
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2027
NOK2.2b 8.94%
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2028
NOK2.5b 11.30%
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Net Margin

2023 14.05% 520.15%
2024
4.68% 66.69%
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2025
17.79% 280.13%
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2026
16.78% 5.68%
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2027
16.03% 4.47%
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2028
17.66% 10.17%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share NOK 44.56 14.48
479.56% 67.50%
P/E 39.92
EV/Sales 3.30

7 Analysts have issued a Norwegian Energy Company ASA Noreco forecast for earnings per share. The average Norwegian Energy Company ASA Noreco <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

NOK14.48
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. This is
8.79% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
NOK23.27 74.83%
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, the lowest is
NOK8.29 37.72%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 NOK44.56 479.56%
2024
NOK14.48 67.50%
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2025
NOK107.08 639.50%
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2026
NOK92.60 13.52%
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2027
NOK84.32 8.94%
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2028
NOK93.85 11.30%
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P/E ratio

Current 43.44 307.89%
2024
39.92 8.10%
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2025
5.40 86.47%
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2026
6.24 15.56%
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2027
6.85 9.78%
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2028
6.16 10.07%
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Based on analysts' sales estimates for 2024, the Norwegian Energy Company ASA Noreco stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.65 36.70%
2024
3.30 9.70%
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2025
1.69 48.60%
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2026
1.85 9.10%
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2027
1.94 4.92%
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2028
1.92 1.06%
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P/S ratio

Current 2.07 24.96%
2024
1.87 9.61%
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2025
0.96 48.60%
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2026
1.05 9.09%
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2027
1.10 4.92%
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2028
1.09 1.06%
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