NOK440.50
4.34%
Oslo, Thu, Sep 26 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 NOK659.00
Price NOK440.50
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 NOK659.00. This is higher than the current stock price. The highest price target is
NOK787.47 78.77%
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, the lowest is
NOK563.51 27.92%
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.
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 8.60
9.66% 2.39%
EBITDA Margin 53.01% 56.64%
16.13% 6.86%
Net Margin 14.00% 8.08%
520.15% 42.28%

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

NOK8.6b
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. This is
11.91% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
NOK10.1b 31.74%
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, the lowest is
NOK7.6b 0.85%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 NOK8.4b 9.66%
2024
NOK8.6b 2.39%
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2025
NOK14.8b 71.99%
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2026
NOK13.5b 8.67%
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2027
NOK13.1b 3.23%
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2028
NOK13.0b 0.53%
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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

NOK4.9b
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. This is
26.85% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
NOK6.4b 65.93%
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, the lowest is
NOK3.6b 6.94%
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.

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

EBITDA Estimates

2023 NOK4.5b 24.23%
2024
NOK4.9b 9.41%
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2025
NOK10.7b 119.04%
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2026
NOK9.6b 9.99%
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2027
NOK9.2b 3.74%
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2028
NOK9.3b 0.05%
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EBITDA Margin

2023 53.01% 16.13%
2024
56.64% 6.86%
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2025
72.14% 27.37%
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2026
71.10% 1.44%
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2027
70.72% 0.53%
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2028
71.13% 0.58%
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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

NOK695m
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. This is
315.82% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
NOK1.6b 829.26%
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, the lowest is
NOK246m 47.42%
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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
NOK695m 40.93%
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2025
NOK2.6b 277.15%
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2026
NOK2.2b 15.51%
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2027
NOK2.1b 3.79%
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2028
NOK2.3b 9.44%
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Net Margin

2023 14.00% 520.15%
2024
8.08% 42.28%
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2025
17.71% 119.18%
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2026
16.38% 7.51%
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2027
16.29% 0.55%
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2028
17.92% 10.01%
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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 26.32
479.56% 40.93%
P/E 17.12
EV/Sales 2.73

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

NOK26.32
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. This is
315.80% 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
NOK58.82 829.23%
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, the lowest is
NOK9.33 47.39%
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.

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

Earnings Per Share

2023 NOK44.56 479.56%
2024
NOK26.32 40.93%
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2025
NOK99.27 277.17%
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2026
NOK83.87 15.51%
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2027
NOK80.69 3.79%
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2028
NOK88.31 9.44%
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P/E ratio

Current 71.18 582.45%
2024
17.12 75.95%
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2025
4.54 73.48%
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2026
5.37 18.28%
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2027
5.58 3.91%
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2028
5.10 8.60%
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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 3.05 29.79%
2024
2.73 10.60%
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2025
1.59 41.86%
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2026
1.74 9.50%
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2027
1.79 3.33%
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2028
1.80 0.54%
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P/S ratio

Current 1.55 9.71%
2024
1.39 10.65%
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2025
0.81 41.86%
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2026
0.88 9.50%
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2027
0.91 3.33%
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2028
0.92 0.54%
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