NOK644.00
3.70%
Oslo, Fri, Dec 27 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 NOK720.66
Price NOK644.00
Potential
Number of Estimates 7
7 Analysts have issued a price target Norwegian Energy Company ASA Noreco 2025 . The average Norwegian Energy Company ASA Noreco target price is NOK720.66. This is higher than the current stock price. The highest price target is
NOK838.35 30.18%
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, the lowest is .
A rating was issued by 8 analysts: 8 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 8.16
9.66% 2.87%
EBITDA Margin 53.01% 51.86%
16.15% 2.16%
Net Margin 14.05% 4.68%
1,555.02% 66.69%

8 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
10.12% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
NOK8.4b 13.09%
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, the lowest is
NOK7.8b 4.98%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 NOK8.4b 9.66%
2024
NOK8.2b 2.87%
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2025
NOK15.8b 93.23%
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2026
NOK14.5b 7.75%
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2027
NOK13.9b 4.22%
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2028
NOK14.2b 1.64%
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8 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
16.32% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
NOK4.6b 27.17%
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, the lowest is
NOK3.8b 5.01%
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.

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

EBITDA Estimates

2023 NOK4.5b 24.25%
2024
NOK4.2b 4.98%
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2025
NOK11.5b 170.75%
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2026
NOK10.4b 8.93%
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2027
NOK10.0b 4.62%
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2028
NOK10.3b 3.96%
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EBITDA Margin

2023 53.01% 16.15%
2024
51.86% 2.16%
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2025
72.66% 40.11%
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2026
71.73% 1.28%
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2027
71.43% 0.42%
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2028
73.07% 2.30%
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8 Norwegian Energy Company ASA Noreco Analysts have issued a net profit forecast 2024. The average Norwegian Energy Company ASA Noreco net profit estimate is

NOK382m
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. This is
8.23% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
NOK615m 74.24%
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, the lowest is
NOK219m 37.96%
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.

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

Net Profit Estimates

2023 NOK1.2b 1,414.45%
2024
NOK382m 67.67%
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2025
NOK2.8b 624.04%
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2026
NOK2.5b 10.61%
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2027
NOK2.2b 9.57%
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2028
NOK2.5b 11.30%
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Net Margin

2023 14.05% 1,555.02%
2024
4.68% 66.69%
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2025
17.53% 274.57%
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2026
16.98% 3.14%
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2027
16.03% 5.59%
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2028
17.56% 9.54%
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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 14.41
1,414.45% 67.66%
P/E 44.70
EV/Sales 3.53

8 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

NOK14.41
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. This is
8.26% 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
NOK23.19 74.23%
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, the lowest is
NOK8.26 37.94%
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.

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

Earnings Per Share

2023 NOK44.56 1,414.45%
2024
NOK14.41 67.66%
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2025
NOK104.30 623.80%
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2026
NOK93.24 10.60%
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2027
NOK84.32 9.57%
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2028
NOK93.85 11.30%
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P/E ratio

Current 48.40 411.63%
2024
44.70 7.64%
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2025
6.17 86.20%
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2026
6.91 11.99%
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2027
7.64 10.56%
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2028
6.86 10.21%
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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 3.88 56.45%
2024
3.53 9.14%
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2025
1.82 48.25%
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2026
1.98 8.40%
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2027
2.06 4.40%
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2028
2.03 1.61%
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P/S ratio

Current 2.30 56.78%
2024
2.09 9.19%
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2025
1.08 48.25%
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2026
1.17 8.40%
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2027
1.22 4.40%
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2028
1.20 1.61%
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