company background image
IWS

Integrated Wind Solutions OB:IWS Stock Report

Last Price

kr33.60

Market Cap

kr958.9m

7D

-1.2%

1Y

-15.6%

Updated

15 May, 2022

Data

Company Financials +
IWS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

IWS Stock Overview

Integrated Wind Solutions ASA, through its subsidiaries, provides offshore wind services.

Integrated Wind Solutions Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Integrated Wind Solutions
Historical stock prices
Current Share Pricekr33.60
52 Week Highkr44.00
52 Week Lowkr30.50
Beta0
1 Month Change-4.00%
3 Month Change-6.67%
1 Year Change-15.58%
3 Year Changen/a
5 Year Changen/a
Change since IPO-8.26%

Recent News & Updates

Shareholder Returns

IWSNO ConstructionNO Market
7D-1.2%-5.9%-1.2%
1Y-15.6%-13.2%12.6%

Return vs Industry: IWS underperformed the Norwegian Construction industry which returned -13.2% over the past year.

Return vs Market: IWS underperformed the Norwegian Market which returned 12.6% over the past year.

Price Volatility

Is IWS's price volatile compared to industry and market?
IWS volatility
IWS Average Weekly Movement5.4%
Construction Industry Average Movement6.5%
Market Average Movement7.4%
10% most volatile stocks in NO Market12.4%
10% least volatile stocks in NO Market4.2%

Stable Share Price: IWS is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: IWS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
202048Lars-Henrik Rorenhttps://www.integratedwind.com

Integrated Wind Solutions ASA, through its subsidiaries, provides offshore wind services. It offers a fleet of vessels walk-to-work vessels, which provide services to the offshore wind industry that include installation, commissioning, operation, maintenance, and decommissioning; and offers consulting and advisory services. The company was incorporated in 2020 and is headquartered in Oslo, Norway.

Integrated Wind Solutions Fundamentals Summary

How do Integrated Wind Solutions's earnings and revenue compare to its market cap?
IWS fundamental statistics
Market Capkr958.88m
Earnings (TTM)-kr17.91m
Revenue (TTM)kr49.01m

19.6x

P/S Ratio

-53.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IWS income statement (TTM)
Revenuekr49.01m
Cost of Revenuekr46.85m
Gross Profitkr2.16m
Other Expenseskr20.07m
Earnings-kr17.91m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 25, 2022

Earnings per share (EPS)-0.63
Gross Margin4.41%
Net Profit Margin-36.55%
Debt/Equity Ratio2.9%

How did IWS perform over the long term?

See historical performance and comparison

Valuation

Is Integrated Wind Solutions undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: IWS (NOK33.6) is trading below our estimate of fair value (NOK195.13)

Significantly Below Fair Value: IWS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IWS is unprofitable, so we can't compare its PE Ratio to the European Construction industry average.

PE vs Market: IWS is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IWS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IWS's PB Ratio (1.5x) is in line with the NO Construction industry average.


Future Growth

How is Integrated Wind Solutions forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


73.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IWS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).

Earnings vs Market: IWS is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: IWS's is expected to become profitable in the next 3 years.

Revenue vs Market: IWS's revenue (34.2% per year) is forecast to grow faster than the Norwegian market (1.5% per year).

High Growth Revenue: IWS's revenue (34.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IWS's Return on Equity is forecast to be low in 3 years time (4.6%).


Past Performance

How has Integrated Wind Solutions performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-28,601.9%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: IWS is currently unprofitable.

Growing Profit Margin: IWS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if IWS's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare IWS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IWS is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (23.3%).


Return on Equity

High ROE: IWS has a negative Return on Equity (-2.44%), as it is currently unprofitable.


Financial Health

How is Integrated Wind Solutions's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IWS's short term assets (NOK461.1M) exceed its short term liabilities (NOK51.6M).

Long Term Liabilities: IWS's short term assets (NOK461.1M) exceed its long term liabilities (NOK18.7M).


Debt to Equity History and Analysis

Debt Level: IWS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if IWS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: IWS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if IWS's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Integrated Wind Solutions's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate IWS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IWS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IWS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IWS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as IWS has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Lars-Henrik Roren

1.08yrs

Tenure

Mr. Lars-Henrik Roren serves as Chief Executive Officer at Integrated Wind Solutions AS since April 1, 2021.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 62.1%.


Top Shareholders

Company Information

Integrated Wind Solutions ASA's employee growth, exchange listings and data sources


Key Information

  • Name: Integrated Wind Solutions ASA
  • Ticker: IWS
  • Exchange: OB
  • Founded: 2020
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: kr958.883m
  • Shares outstanding: 28.54m
  • Website: https://www.integratedwind.com

Number of Employees


Location

  • Integrated Wind Solutions ASA
  • Fjordalleen 16
  • 3rd floor
  • Oslo
  • Oslo
  • 250
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/11 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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 here.