Executive Summary
Bouvet ASA provides information technology, digital communication, and enterprise management services in Norway, Sweden, and internationally. More Details
Rewards
Risk Analysis
Dividend of 3.2% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Similar Companies
Share Price & News
How has Bouvet's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BOUV is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BOUV's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.6%
BOUV
0.9%
NO IT
1.7%
NO Market
1 Year Return
72.0%
BOUV
62.5%
NO IT
43.4%
NO Market
Return vs Industry: BOUV exceeded the Norwegian IT industry which returned 62.5% over the past year.
Return vs Market: BOUV exceeded the Norwegian Market which returned 43.4% over the past year.
Shareholder returns
| BOUV | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | 0.9% | 1.7% |
| 30 Day | 5.8% | 4.6% | 1.8% |
| 90 Day | 3.6% | 9.6% | 7.0% |
| 1 Year | 77.0%72.0% | 64.0%62.5% | 49.6%43.4% |
| 3 Year | 245.1%209.9% | 33.7%24.9% | 22.5%7.4% |
| 5 Year | 621.0%485.5% | 104.2%84.0% | 86.2%48.4% |
Long-Term Price Volatility Vs. Market
How volatile is Bouvet's share price compared to the market and industry in the last 5 years?
Simply Wall St News
20 hours ago | Simply Wall St
With EPS Growth And More, Bouvet (OB:BOUV) Is Interesting1 week ago | Simply Wall St
Did You Participate In Any Of Bouvet's (OB:BOUV) Incredible 614% Return?3 weeks ago | Simply Wall St
Need To Know: Bouvet ASA (OB:BOUV) Insiders Have Been Selling SharesValuation
Is Bouvet undervalued compared to its fair value and its price relative to the market?
29.25x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BOUV (NOK688) is trading above our estimate of fair value (NOK431.89)
Significantly Below Fair Value: BOUV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BOUV is poor value based on its PE Ratio (29.2x) compared to the XE IT industry average (26.1x).
PE vs Market: BOUV is poor value based on its PE Ratio (29.2x) compared to the Norwegian market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: BOUV is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: BOUV is overvalued based on its PB Ratio (16.8x) compared to the XE IT industry average (3.6x).
Future Growth
How is Bouvet forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
9.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BOUV's forecast earnings growth (9% per year) is above the savings rate (1.4%).
Earnings vs Market: BOUV's earnings (9% per year) are forecast to grow slower than the Norwegian market (26.2% per year).
High Growth Earnings: BOUV's earnings are forecast to grow, but not significantly.
Revenue vs Market: BOUV's revenue (10.6% per year) is forecast to grow faster than the Norwegian market (1.6% per year).
High Growth Revenue: BOUV's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BOUV's Return on Equity is forecast to be very high in 3 years time (77.5%).
Past Performance
How has Bouvet performed over the past 5 years?
25.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BOUV has high quality earnings.
Growing Profit Margin: BOUV's current net profit margins (10%) are higher than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: BOUV's earnings have grown significantly by 25.7% per year over the past 5 years.
Accelerating Growth: BOUV's earnings growth over the past year (33.7%) exceeds its 5-year average (25.7% per year).
Earnings vs Industry: BOUV earnings growth over the past year (33.7%) exceeded the IT industry 11.5%.
Return on Equity
High ROE: BOUV's Return on Equity (57%) is considered outstanding.
Financial Health
How is Bouvet's financial position?
Financial Position Analysis
Short Term Liabilities: BOUV's short term assets (NOK949.5M) exceed its short term liabilities (NOK683.7M).
Long Term Liabilities: BOUV's short term assets (NOK949.5M) exceed its long term liabilities (NOK188.7M).
Debt to Equity History and Analysis
Debt Level: BOUV is debt free.
Reducing Debt: BOUV has not had any debt for past 5 years.
Debt Coverage: BOUV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BOUV has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Bouvet current dividend yield, its reliability and sustainability?
3.20%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BOUV's dividend (3.2%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.9%).
High Dividend: BOUV's dividend (3.2%) is low compared to the top 25% of dividend payers in the Norwegian market (4.95%).
Stability and Growth of Payments
Stable Dividend: BOUV's dividends per share have been stable in the past 10 years.
Growing Dividend: BOUV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (93.5%), BOUV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BOUV's dividends in 3 years are not forecast to be well covered by earnings (90% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Per Tronsli
0.25
Tenure
Mr. Per Gunnar Tronsli serves as Chief Executive Officer of Bouvet ASA since January 1, 2020. He has served in various positions in Bouvet, most recently as head of its eastern region.
Leadership Team
Experienced Management: BOUV's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: BOUV's board of directors are considered experienced (9.8 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Bouvet ASA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bouvet ASA
- Ticker: BOUV
- Exchange: OB
- Founded: 2002
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: kr7.077b
- Shares outstanding: 10.29m
- Website: https://www.bouvet.no
Number of Employees
Location
- Bouvet ASA
- Sørkedalsveien 8
- Oslo
- Oslo
- 369
- Norway
Listings
Biography
Bouvet ASA provides information technology, digital communication, and enterprise management services in Norway, Sweden, and internationally. The company designs, develops, and provides advisory services o...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/20 01:16 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.