Norske Skog Future Growth

Future criteria checks 4/6

Norske Skog is forecast to grow earnings and revenue by 42.4% and 13.9% per annum respectively. EPS is expected to grow by 36.5% per annum. Return on equity is forecast to be 10.9% in 3 years.

Key information

42.4%

Earnings growth rate

36.5%

EPS growth rate

Forestry earnings growth	23.2%
Revenue growth rate	13.9%
Future return on equity	10.9%
Analyst coverage	Low
Last updated	25 Apr 2024

Recent future growth updates

Recent updates

Is Norske Skog (OB:NSKOG) A Risky Investment?

Sep 09

Norske Skog ASA (OB:NSKOG) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Jul 19

Norske Skog ASA (OB:NSKOG) Shares Could Be 25% Above Their Intrinsic Value Estimate

Jan 13

Norske Skog (OB:NSKOG) Share Prices Have Dropped 18% In The Last Year

Dec 16

Norske Skog (OB:NSKOG) Has A Somewhat Strained Balance Sheet

Nov 25

Earnings and Revenue Growth Forecasts

OB:NSKOG - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	17,038	665	1,053	1,553	2
12/31/2025	15,284	318	470	970	3
12/31/2024	12,908	-322	-450	450	3
3/31/2024	11,166	334	-1,423	1,429	N/A
12/31/2023	11,786	481	-1,156	1,928	N/A
9/30/2023	12,780	1,064	-1,464	1,701	N/A
6/30/2023	13,679	919	-512	2,154	N/A
3/31/2023	14,382	1,808	-133	2,274	N/A
12/31/2022	14,537	2,572	-188	2,040	N/A
9/30/2022	13,669	1,907	-61	1,612	N/A
6/30/2022	12,659	1,316	-614	887	N/A
3/31/2022	11,021	26	-999	224	N/A
12/31/2021	9,849	-363	-830	191	N/A
9/30/2021	9,270	-2,125	-992	-53	N/A
6/30/2021	8,912	-1,612	-591	161	N/A
3/31/2021	8,742	-1,316	-479	242	N/A
12/31/2020	9,173	-1,884	-83	549	N/A
9/30/2020	9,793	-680	-123	397	N/A
6/30/2020	10,645	427	-11	432	N/A
3/31/2020	11,789	1,517	375	767	N/A
12/31/2019	12,200	2,044	233	602	N/A
9/30/2019	12,501	2,511	643	986	N/A
6/30/2019	12,706	2,499	626	948	N/A
3/31/2019	12,487	1,573	654	954	N/A
12/31/2018	12,428	1,525	602	881	N/A
12/31/2017	11,527	-3,551	N/A	404	N/A
12/31/2016	11,852	-972	N/A	514	N/A
12/31/2015	9,540	-1,130	N/A	125	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NSKOG's forecast earnings growth (42.4% per year) is above the savings rate (2.1%).

Earnings vs Market: NSKOG's earnings (42.4% per year) are forecast to grow faster than the Norwegian market (13.1% per year).

High Growth Earnings: NSKOG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NSKOG's revenue (13.9% per year) is forecast to grow faster than the Norwegian market (1.6% per year).

High Growth Revenue: NSKOG's revenue (13.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NSKOG's Return on Equity is forecast to be low in 3 years time (10.9%).

Norske Skog Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 64%

Consensus EPS estimates upgraded to kr0.035 loss

Price target decreased by 18% to kr46.67

Consensus EPS estimates fall by 76%

Consensus EPS estimates increase by 49%

Consensus EPS estimates increase by 283%

Recent updates

High number of new and inexperienced directors

Consensus EPS estimates fall by 64%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates upgraded to kr0.035 loss

Price target decreased by 18% to kr46.67

Consensus EPS estimates fall by 76%

Full year 2023 earnings released: EPS: kr5.63 (vs kr27.28 in FY 2022)

Chief Executive Officer exercised options to buy kr10m worth of stock.

Consensus EPS estimates increase by 49%

Now 20% undervalued after recent price drop

Consensus EPS estimates increase by 283%

Norske Skog ASA Announces Chief Financial Officer Changes

Norske Skog ASA Announces Chief Financial Officer Changes

Consensus EPS estimates increase by 282%

Norske Skog ASA, Annual General Meeting, Apr 11, 2024

Price target decreased by 13% to kr66.67

Norske Skog ASA Announces Dividend, Payable on or About 28 November 2023

Price target decreased by 10% to kr73.33

Third quarter 2023 earnings released: EPS: kr1.45 (vs kr0.12 loss in 3Q 2022)

Consensus EPS estimates fall by 33%

Price target decreased by 9.8% to kr76.67

Oji Fibre Solutions (NZ) Limited acquired Tasman mill industrial site and remaining mill assets from Norske Skog ASA (OB:NSKOG).

Norske Skog ASA Announces Chief Executive Officer Changes

Norske Skog ASA Announces Chief Executive Officer Changes

Price target decreased by 7.5% to kr81.67

Consensus EPS estimates fall by 89%

New minor risk - Profit margin trend

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 14%, revenue upgraded

Insider recently bought kr516k worth of stock

Price target decreased by 8.8% to kr93.33

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Independent Director recently bought kr567k worth of stock

CEO & President exercised options to buy kr38m worth of stock.

Price target increased by 9.6% to kr102

Norske Skog ASA Proposes Dividend

Norske Skog ASA to Report Fiscal Year 2022 Results on Mar 30, 2023

Norske Skog ASA to Report Q3, 2023 Results on Oct 20, 2023

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 10%

Investor sentiment improved over the past week

Price target increased to kr93.33

Is Norske Skog (OB:NSKOG) A Risky Investment?

Byggma ASA (OB:BMA) acquired a 7.68% stake in Norske Skog ASA (OB:NSKOG).

Consensus EPS estimates increase by 42%

Norske Skog ASA (OB:NSKOG) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued

Consensus forecasts updated

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Price target increased to kr83.33

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

CEO & President recently bought kr468k worth of stock

Norske Skog (OB:NSKOG) Takes On Some Risk With Its Use Of Debt

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to kr65.33

Chairperson of the Board recently bought kr1.8m worth of stock

Price target increased to kr65.00

Third quarter 2021 earnings released

Price target increased to kr55.33

No independent directors

Norske Skog to Close the Tasman Mill in New Zealand and Sell Mill Assets

Is Norske Skog (OB:NSKOG) A Risky Investment?

Director recently bought kr137k worth of stock

Consensus forecasts updated

First quarter 2021 earnings released: EPS kr2.05 (vs kr4.53 loss in 1Q 2020)

Full year 2020 earnings released: kr22.84 loss per share (vs kr24.78 profit in FY 2019)