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Vow ASAOB:VOW Stock Report

Market Cap NOK 460.6m
Share Price
NOK 1.59
My Fair Value
NOK 10.65
85.1% undervalued intrinsic discount
1Y-41.3%
7D3.9%
Portfolio Value
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Vow ASA

OB:VOW Stock Report

Market Cap: NOK 460.6m

Vow (VOW) Stock Overview

Produces, delivers, and maintains systems for processing and purifying wastewater, food waste, solid waste, and bio sludge in Norway, France, Poland, the United States, and Italy. More details

VOW fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 89.4% below our estimate of its fair value

Earnings are forecast to grow 101.13% per year

Trading at good value compared to peers and industry

Risk Analysis

Highly volatile share price over the past 3 months compared to the Norwegian market

Shareholders have been substantially diluted in the past year

Debt is not well covered by operating cash flow

Does not have a meaningful market cap (NOK461M)


VOW Community Fair Values

Create Narrative

See what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.

View Stock Community

Vow ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Vow
Historical stock prices
Current Share PriceNOK 1.59
52 Week HighNOK 3.45
52 Week LowNOK 1.18
Beta1.54
1 Month Change-25.01%
3 Month Change-0.25%
1 Year Change-41.26%
3 Year Change-91.38%
5 Year Change-94.61%
Change since IPO-41.26%

Recent News & Updates

A Piece Of The Puzzle Missing From Vow ASA's (OB:VOW) 43% Share Price Climb

Sep 12
A Piece Of The Puzzle Missing From Vow ASA's (OB:VOW) 43% Share Price Climb

Vow (OB:VOW) Has A Somewhat Strained Balance Sheet

Aug 08
Vow (OB:VOW) Has A Somewhat Strained Balance Sheet

The Market Lifts Vow ASA (OB:VOW) Shares 28% But It Can Do More

Jul 03
The Market Lifts Vow ASA (OB:VOW) Shares 28% But It Can Do More

Recent updates

A Piece Of The Puzzle Missing From Vow ASA's (OB:VOW) 43% Share Price Climb

Sep 12
A Piece Of The Puzzle Missing From Vow ASA's (OB:VOW) 43% Share Price Climb

Vow (OB:VOW) Has A Somewhat Strained Balance Sheet

Aug 08
Vow (OB:VOW) Has A Somewhat Strained Balance Sheet

The Market Lifts Vow ASA (OB:VOW) Shares 28% But It Can Do More

Jul 03
The Market Lifts Vow ASA (OB:VOW) Shares 28% But It Can Do More

Fewer Investors Than Expected Jumping On Vow ASA (OB:VOW)

May 17
Fewer Investors Than Expected Jumping On Vow ASA (OB:VOW)

Take Care Before Jumping Onto Vow ASA (OB:VOW) Even Though It's 28% Cheaper

Nov 22
Take Care Before Jumping Onto Vow ASA (OB:VOW) Even Though It's 28% Cheaper

Slammed 28% Vow ASA (OB:VOW) Screens Well Here But There Might Be A Catch

Sep 30
Slammed 28% Vow ASA (OB:VOW) Screens Well Here But There Might Be A Catch

Market Still Lacking Some Conviction On Vow ASA (OB:VOW)

Aug 03
Market Still Lacking Some Conviction On Vow ASA (OB:VOW)

A Look At The Fair Value Of Vow ASA (OB:VOW)

Jun 28
A Look At The Fair Value Of Vow ASA (OB:VOW)

Is Vow ASA (OB:VOW) Potentially Undervalued?

Jun 01
Is Vow ASA (OB:VOW) Potentially Undervalued?

Vow ASA (OB:VOW) Shares Fly 27% But Investors Aren't Buying For Growth

May 03
Vow ASA (OB:VOW) Shares Fly 27% But Investors Aren't Buying For Growth

Here's Why Vow (OB:VOW) Can Afford Some Debt

Apr 06
Here's Why Vow (OB:VOW) Can Afford Some Debt

Vow ASA's (OB:VOW) Revenues Are Not Doing Enough For Some Investors

Jan 19
Vow ASA's (OB:VOW) Revenues Are Not Doing Enough For Some Investors

Vow (OB:VOW) Takes On Some Risk With Its Use Of Debt

Nov 16
Vow (OB:VOW) Takes On Some Risk With Its Use Of Debt

Vow (OB:VOW) Takes On Some Risk With Its Use Of Debt

May 18
Vow (OB:VOW) Takes On Some Risk With Its Use Of Debt

Should You Investigate Vow ASA (OB:VOW) At kr12.99?

Mar 29
Should You Investigate Vow ASA (OB:VOW) At kr12.99?

Is There Now An Opportunity In VOW ASA (OB:VOW)?

Aug 25
Is There Now An Opportunity In VOW ASA (OB:VOW)?

VOW ASA (OB:VOW) Shares Could Be 41% Below Their Intrinsic Value Estimate

May 05
VOW ASA (OB:VOW) Shares Could Be 41% Below Their Intrinsic Value Estimate

Need To Know: Analysts Just Made A Substantial Cut To Their VOW ASA (OB:VOW) Estimates

Nov 24
Need To Know: Analysts Just Made A Substantial Cut To Their VOW ASA (OB:VOW) Estimates

Estimating The Fair Value Of VOW ASA (OB:VOW)

Jun 24
Estimating The Fair Value Of VOW ASA (OB:VOW)

It Looks Like The CEO Of VOW ASA (OB:VOW) May Be Underpaid Compared To Peers

May 08
It Looks Like The CEO Of VOW ASA (OB:VOW) May Be Underpaid Compared To Peers

We Think VOW (OB:VOW) Is Taking Some Risk With Its Debt

Apr 01
We Think VOW (OB:VOW) Is Taking Some Risk With Its Debt

What Do The Returns On Capital At VOW (OB:VOW) Tell Us?

Mar 04
What Do The Returns On Capital At VOW (OB:VOW) Tell Us?

What Is VOW ASA's (OB:VOW) Share Price Doing?

Feb 03
What Is VOW ASA's (OB:VOW) Share Price Doing?

A Look At The Intrinsic Value Of VOW ASA (OB:VOW)

Jan 14
A Look At The Intrinsic Value Of VOW ASA (OB:VOW)

Shareholder Returns

VOWNO Commercial ServicesNO Market
7D3.9%8.9%-1.6%
1Y-41.3%-38.2%5.3%

Return vs Industry: VOW underperformed the Norwegian Commercial Services industry which returned -38.2% over the past year.

Return vs Market: VOW underperformed the Norwegian Market which returned 5.3% over the past year.

Price Volatility

Is VOW's price volatile compared to industry and market?
VOW volatility
VOW Average Weekly Movement10.6%
Commercial Services Industry Average Movement10.6%
Market Average Movement4.5%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.5%

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

Volatility Over Time: VOW's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
2011252Gunnar Pedersenwww.vowasa.com

Vow ASA, together with its subsidiaries, produces, delivers, and maintains systems for processing and purifying wastewater, food waste, solid waste, and bio sludge in Norway, France, Poland, the United States, and Italy. It operates through Industrial Solutions, Maritime Solutions, and Aftersales segments. The Industrial Solutions segment designs and provides systems to valorise biomass residues and waste into renewable products, chemicals, and fossil free energy through pyrolysis solutions.

Vow ASA Fundamentals Summary

How do Vow's earnings and revenue compare to its market cap?
VOW fundamental statistics
Market capNOK 460.60m
Earnings (TTM)-NOK 204.60m
Revenue (TTM)NOK 1.01b
0.5x
P/S Ratio
-2.3x
P/E Ratio

Is VOW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VOW income statement (TTM)
RevenueNOK 1.01b
Cost of RevenueNOK 765.60m
Gross ProfitNOK 240.00m
Other ExpensesNOK 444.60m
Earnings-NOK 204.60m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 19, 2025

Earnings per share (EPS)-0.70
Gross Margin23.87%
Net Profit Margin-20.35%
Debt/Equity Ratio116.9%

How did VOW perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/02 10:40
End of Day Share Price 2025/10/31 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

Vow ASA is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB
Jørgen LianDNB Carnegie
Hoang NguyenDNB Carnegie