Financials Europris ASA

Equities

EPR

NO0010735343

Discount Stores

Market Closed - Oslo Bors 10:45:00 2024-05-31 am EDT 5-day change 1st Jan Change
69.85 NOK -1.20% Intraday chart for Europris ASA +0.07% -8.99%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,571 8,218 11,348 11,055 12,360 11,249 - -
Enterprise Value (EV) 1 8,663 10,997 13,787 13,696 15,399 13,569 13,167 11,373
P/E ratio 14.9 x 10.5 x 10.5 x 10.8 x 13.6 x 13.9 x 11.4 x 10.2 x
Yield 5.65% 5.28% 3.55% 4.01% 4.23% 4.55% 4.85% 5.3%
Capitalization / Revenue 0.89 x 1.03 x 1.31 x 1.23 x 1.31 x 1.14 x 1.09 x 1.06 x
EV / Revenue 1.39 x 1.37 x 1.59 x 1.52 x 1.63 x 1.37 x 1.28 x 1.07 x
EV / EBITDA 7.65 x 6.29 x 6.62 x 6.68 x 7.82 x 6.93 x 6.08 x 4.95 x
EV / FCF 9.93 x 6.87 x 9.44 x 12.4 x 9.46 x 10.2 x 8.33 x 6.64 x
FCF Yield 10.1% 14.6% 10.6% 8.07% 10.6% 9.8% 12% 15.1%
Price to Book 2.89 x 3.85 x 4.33 x 3.73 x 3.47 x 2.92 x 2.65 x 2.29 x
Nbr of stocks (in thousands) 161,469 160,819 160,972 161,031 161,047 161,047 - -
Reference price 2 34.50 51.10 70.50 68.65 76.75 69.85 69.85 69.85
Announcement Date 1/30/20 2/4/21 2/3/22 2/3/23 2/1/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,234 8,013 8,649 9,016 9,467 9,892 10,299 10,624
EBITDA 1 1,133 1,748 2,084 2,051 1,970 1,958 2,164 2,298
EBIT 1 578.6 1,166 1,513 1,440 1,295 1,252 1,450 1,594
Operating Margin 9.28% 14.55% 17.49% 15.98% 13.68% 12.66% 14.08% 15%
Earnings before Tax (EBT) 1 480.4 1,029 1,414 1,337 1,152 1,082 1,310 1,470
Net income 1 375.3 803.3 1,079 1,022 908.2 837 1,016 1,139
Net margin 6.02% 10.03% 12.48% 11.33% 9.59% 8.46% 9.87% 10.72%
EPS 2 2.320 4.861 6.710 6.350 5.640 5.011 6.142 6.824
Free Cash Flow 1 872.8 1,601 1,461 1,105 1,627 1,330 1,581 1,713
FCF margin 14% 19.98% 16.89% 12.26% 17.19% 13.44% 15.35% 16.12%
FCF Conversion (EBITDA) 77.03% 91.58% 70.11% 53.88% 82.6% 67.93% 73.05% 74.54%
FCF Conversion (Net income) 232.53% 199.28% 135.35% 108.14% 179.18% 158.9% 155.54% 150.35%
Dividend per Share 2 1.950 2.700 2.500 2.750 3.250 3.175 3.391 3.705
Announcement Date 1/30/20 2/4/21 2/3/22 2/3/23 2/1/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,841 1,716 2,216 2,050 3,034 1,933 2,310 2,152 3,072 2,026 2,401 2,241 3,224 2,104 2,515
EBITDA 1 826 278 589 425 760 311 531 404 723 281 507.6 374.5 794.9 301 560
EBIT 1 681.1 126.4 437.9 271.6 604.4 145.2 362.2 234 553.6 106.6 330.8 197.8 616.8 130 384
Operating Margin 23.98% 7.37% 19.76% 13.25% 19.92% 7.51% 15.68% 10.87% 18.02% 5.26% 13.77% 8.82% 19.13% 6.18% 15.27%
Earnings before Tax (EBT) 1 653 116.3 418.8 240.2 561.6 93.52 332.3 185 541.2 62.78 287.2 154.4 577.9 98.35 355.2
Net income 1 488.8 88 325.3 186.7 422.1 71.01 259.8 144 433.8 46.56 222.6 119.7 447.9 76.28 275.5
Net margin 17.21% 5.13% 14.68% 9.11% 13.91% 3.67% 11.25% 6.69% 14.12% 2.3% 9.27% 5.34% 13.89% 3.63% 10.96%
EPS 2 3.040 0.5500 2.020 1.160 2.620 0.4400 1.610 0.8900 2.690 0.2900 1.383 0.7618 2.660 0.5125 1.707
Dividend per Share 2 - - - - - - - - - - - - 3.100 - -
Announcement Date 2/3/22 4/28/22 7/14/22 11/3/22 2/3/23 4/26/23 7/13/23 11/2/23 2/1/24 4/24/24 - - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,092 2,779 2,439 2,641 3,039 2,320 1,918 124
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.729 x 1.59 x 1.17 x 1.288 x 1.543 x 1.185 x 0.8861 x 0.054 x
Free Cash Flow 1 873 1,601 1,461 1,105 1,627 1,330 1,581 1,713
ROE (net income / shareholders' equity) 19.9% 38.3% 44.7% 36.6% 27.9% 22.2% 25% 24%
ROA (Net income/ Total Assets) 6.22% 11% 13.6% 11.4% 9.8% 8.7% 9.8% 10.7%
Assets 1 6,037 7,297 7,957 8,932 9,269 9,621 10,372 10,648
Book Value Per Share 2 11.90 13.30 16.30 18.40 22.10 23.90 26.30 30.60
Cash Flow per Share 6.380 10.60 - - - - - -
Capex 1 157 104 131 143 142 266 89.3 70
Capex / Sales 2.52% 1.3% 1.51% 1.58% 1.5% 2.69% 0.87% 0.66%
Announcement Date 1/30/20 2/4/21 2/3/22 2/3/23 2/1/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
69.85 NOK
Average target price
80.33 NOK
Spread / Average Target
+15.01%
Consensus
  1. Stock Market
  2. Equities
  3. EPR Stock
  4. Financials Europris ASA