VOW ASA, together with its subsidiaries, manufactures and supplies systems for processing and purifying waste water, food waste, solid waste, and bio sludge. More Details
Exceptional growth potential and slightly overvalued.
Share Price & News
How has VOW's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VOW is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: VOW's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
7 Day Return
NO Commercial Services
1 Year Return
NO Commercial Services
Return vs Industry: VOW exceeded the Norwegian Commercial Services industry which returned -10% over the past year.
Return vs Market: VOW exceeded the Norwegian Market which returned -4.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is VOW's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StOur Take On The Returns On Capital At VOW (OB:VOW)
1 month ago | Simply Wall StIs Now An Opportune Moment To Examine VOW ASA (OB:VOW)?
1 month ago | Simply Wall StIs VOW (OB:VOW) A Risky Investment?
Is VOW undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VOW (NOK32.35) is trading below our estimate of fair value (NOK40.48)
Significantly Below Fair Value: VOW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VOW is unprofitable, so we can't compare its PE Ratio to the XE Commercial Services industry average.
PE vs Market: VOW 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 VOW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VOW is overvalued based on its PB Ratio (13.3x) compared to the XE Commercial Services industry average (1.8x).
How is VOW forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VOW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: VOW is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VOW's is expected to become profitable in the next 3 years.
Revenue vs Market: VOW's revenue (28.7% per year) is forecast to grow faster than the Norwegian market (6.1% per year).
High Growth Revenue: VOW's revenue (28.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VOW's Return on Equity is forecast to be high in 3 years time (27.2%)
How has VOW performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VOW is currently unprofitable.
Growing Profit Margin: VOW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VOW is unprofitable, but has reduced losses over the past 5 years at a rate of 24.2% per year.
Accelerating Growth: Unable to compare VOW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VOW is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-10%).
Return on Equity
High ROE: VOW has a negative Return on Equity (-0.65%), as it is currently unprofitable.
How is VOW's financial position?
Financial Position Analysis
Short Term Liabilities: VOW's short term assets (NOK373.2M) exceed its short term liabilities (NOK255.4M).
Long Term Liabilities: VOW's short term assets (NOK373.2M) exceed its long term liabilities (NOK179.6M).
Debt to Equity History and Analysis
Debt Level: VOW's debt to equity ratio (85.1%) is considered high.
Reducing Debt: VOW's debt to equity ratio has increased from 54.4% to 85.1% over the past 5 years.
Debt Coverage: VOW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VOW is unprofitable, therefore interest payments are not well covered by earnings.
What is VOW current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VOW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VOW'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 VOW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VOW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VOW is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VOW's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Henrik Badin (50 yo)
Mr. Henrik Badin has been the Chief Executive Officer of VOW ASA (formerly known as Scanship Holding ASA) since 2008.
CEO Compensation Analysis
Compensation vs Market: Henrik's total compensation ($USD307.75K) is below average for companies of similar size in the Norwegian market ($USD534.45K).
Compensation vs Earnings: Henrik's compensation has increased whilst the company is unprofitable.
|Chief Executive Officer||12.83yrs||kr2.75m||9.64% |
|Chief Financial Officer||3.67yrs||kr1.82m||no data|
|Chief Operating Officer||2.58yrs||kr1.96m||9.67% |
|Chief Technical Officer||4.08yrs||kr1.54m||no data|
|Chief Development Officer||4.08yrs||kr1.83m||9.7% |
|Chief Commercial Officer||2.5yrs||kr1.56m||no data|
|Vice President of Sales & Project Development||no data||no data||no data|
Experienced Management: VOW's management team is considered experienced (3.9 years average tenure).
|Chairman||no data||kr360.00k||no data|
Experienced Board: VOW's board of directors are considered experienced (3 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
VOW ASA's company bio, employee growth, exchange listings and data sources
- Name: VOW ASA
- Ticker: VOW
- Exchange: OB
- Founded: 2011
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: kr3.535b
- Shares outstanding: 109.26m
- Website: https://www.vowasa.com
Number of Employees
- VOW ASA
- Lysaker Torg 12
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VOW||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Apr 2014|
|213||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 2014|
|0QTW||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Apr 2014|
|SSHP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Apr 2014|
|VOWO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Apr 2014|
VOW ASA, together with its subsidiaries, manufactures and supplies systems for processing and purifying waste water, food waste, solid waste, and bio sludge. It operates through Projects and After Sales se...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 22:23|
|End of Day Share Price||2020/11/24 00:00|
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.