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Byggma ASAOB:BMA Stock Report

Market Cap NOK 1.5b
Share Price
NOK 22.40
NOK 77.33
71.0% undervalued intrinsic discount
1Y17.9%
7D5.7%
1D
Portfolio Value
​
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Byggma ASA

OB:BMA Stock Report

Market Cap: NOK 1.5b

Byggma (BMA) Stock Overview

Manufactures and supplies building materials in Norway, the United Kingdom, Sweden, Finland, Denmark, and internationally. More details

BMA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 71% below our estimate of its fair value

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Earnings have declined by 35.1% per year over past 5 years

Volatile share price over the past 3 months compared to the Norwegian market


BMA Community Fair Values

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Byggma ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Byggma
Historical stock prices
Current Share PriceNOK 22.40
52 Week HighNOK 23.60
52 Week LowNOK 12.10
Beta0.65
1 Month Change2.75%
3 Month Change43.59%
1 Year Change17.89%
3 Year Change-10.04%
5 Year Change-35.26%
Change since IPO2,886.68%

Recent News & Updates

Analysis Article • May 23

Investors Shouldn't Be Too Comfortable With Byggma's (OB:BMA) Earnings

Byggma ASA's ( OB:BMA ) robust earnings report didn't manage to move the market for its stock. We did some digging, and...

Recent updates

Analysis Article • May 23

Investors Shouldn't Be Too Comfortable With Byggma's (OB:BMA) Earnings

Byggma ASA's ( OB:BMA ) robust earnings report didn't manage to move the market for its stock. We did some digging, and...
Analysis Article • Oct 25

Getting In Cheap On Byggma ASA (OB:BMA) Is Unlikely

There wouldn't be many who think Byggma ASA's ( OB:BMA ) price-to-sales (or "P/S") ratio of 0.4x is worth a mention...
Analysis Article • Sep 26

These 4 Measures Indicate That Byggma (OB:BMA) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • May 18

Some Shareholders Feeling Restless Over Byggma ASA's (OB:BMA) P/S Ratio

There wouldn't be many who think Byggma ASA's ( OB:BMA ) price-to-sales (or "P/S") ratio of 0.6x is worth a mention...
Analysis Article • Apr 12

Is Byggma (OB:BMA) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jan 03

Byggma (OB:BMA) Could Be Struggling To Allocate Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Sep 05

Some Investors May Be Willing To Look Past Byggma's (OB:BMA) Soft Earnings

Soft earnings didn't appear to concern Byggma ASA's ( OB:BMA ) shareholders over the last week. We did some digging...
Analysis Article • Nov 23

We Like These Underlying Return On Capital Trends At Byggma (OB:BMA)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article • Oct 20

Is Byggma (OB:BMA) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Nov 13

Investors Shouldn't Be Too Comfortable With Byggma's (OB:BMA) Robust Earnings

Despite posting some strong earnings, the market for Byggma ASA's ( OB:BMA ) stock hasn't moved much. Our analysis...
Analysis Article • Jan 20

Byggma (OB:BMA) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Aug 23

The Return Trends At Byggma (OB:BMA) Look Promising

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article • Jul 24

Is Byggma (OB:BMA) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • May 28

Does Byggma (OB:BMA) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • May 02

Byggma (OB:BMA) Is Looking To Continue Growing Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Apr 19

Byggma (OB:BMA) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Mar 11

Could The Byggma ASA (OB:BMA) Ownership Structure Tell Us Something Useful?

If you want to know who really controls Byggma ASA ( OB:BMA ), then you'll have to look at the makeup of its share...
Analysis Article • Feb 24

Here's Why We Think Byggma (OB:BMA) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • Feb 08

Shareholders Of Byggma (OB:BMA) Must Be Happy With Their 201% Total Return

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Analysis Article • Jan 24

We Like These Underlying Trends At Byggma (OB:BMA)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Jan 10

Is Byggma (OB:BMA) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Dec 26

Are Robust Financials Driving The Recent Rally In Byggma ASA's (OB:BMA) Stock?

Byggma (OB:BMA) has had a great run on the share market with its stock up by a significant 59% over the last three...
Analysis Article • Dec 11

What You Need To Know About Byggma ASA's (OB:BMA) Investor Composition

A look at the shareholders of Byggma ASA ( OB:BMA ) can tell us which group is most powerful. Insiders often own a...
Analysis Article • Nov 26

I Ran A Stock Scan For Earnings Growth And Byggma (OB:BMA) Passed With Ease

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

Shareholder Returns

BMANO BuildingNO Market
7D5.7%6.0%-4.4%
1Y17.9%-2.0%8.7%

Return vs Industry: BMA exceeded the Norwegian Building industry which returned -2% over the past year.

Return vs Market: BMA exceeded the Norwegian Market which returned 8.7% over the past year.

Price Volatility

Is BMA's price volatile compared to industry and market?
BMA volatility
BMA Average Weekly Movement7.5%
Building Industry Average Movement4.7%
Market Average Movement5.3%
10% most volatile stocks in NO Market11.1%
10% least volatile stocks in NO Market3.1%

Stable Share Price: BMA's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: BMA's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
1997660Conrad Drangslandwww.byggma.no

Byggma ASA, together with its subsidiaries, manufactures and supplies building materials in Norway, the United Kingdom, Sweden, Finland, Denmark, and internationally. It operates through Panels, Beams, Windows, and Lighting segments. The company offers pre-painted ceilings and wall panels under the Huntonit brand; I-beams for use in ceilings, walls, and floors for wood-based buildings under the Masonite brand; and particle boards, boards, and structural panels for use in buildings, interior ceilings, and wall panels under the Forestia brand.

Byggma ASA Fundamentals Summary

How do Byggma's earnings and revenue compare to its market cap?
BMA fundamental statistics
Market capNOK 1.52b
Earnings (TTM)NOK 128.28m
Revenue (TTM)NOK 2.37b
12.2x
P/E Ratio
0.7x
P/S Ratio

Is BMA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BMA income statement (TTM)
RevenueNOK 2.37b
Cost of RevenueNOK 1.23b
Gross ProfitNOK 1.13b
Other ExpensesNOK 1.00b
EarningsNOK 128.28m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 28, 2026

Earnings per share (EPS)1.84
Gross Margin47.87%
Net Profit Margin5.42%
Debt/Equity Ratio86.8%

How did BMA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 19:05
End of Day Share Price 2026/06/19 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Byggma ASA is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas SvendsenCarnegie Investment Bank AB