Bouvet ASA provides information technology, digital communication, and enterprise management services in Norway, Sweden, and internationally. More Details
Flawless balance sheet with solid track record and pays a dividend.
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: BOUVET is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BOUVET's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BOUVET exceeded the Norwegian IT industry which returned 23.4% over the past year.
Return vs Market: BOUVET exceeded the Norwegian Market which returned -2.2% over the past year.
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
2 days ago | Simply Wall StCould The Market Be Wrong About Bouvet ASA (OB:BOUVET) Given Its Attractive Financial Prospects?
1 week ago | Simply Wall StShould You Investigate Bouvet ASA (OB:BOUVET) At kr644?
3 weeks ago | Simply Wall StIs Bouvet ASA (OB:BOUVET) An Attractive Dividend Stock?
Is Bouvet undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BOUVET (NOK622) is trading above our estimate of fair value (NOK532.75)
Significantly Below Fair Value: BOUVET is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BOUVET is poor value based on its PE Ratio (30.2x) compared to the XE IT industry average (21.4x).
PE vs Market: BOUVET is poor value based on its PE Ratio (30.2x) compared to the Norwegian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: BOUVET is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: BOUVET is overvalued based on its PB Ratio (17.3x) compared to the XE IT industry average (2.8x).
How is Bouvet forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BOUVET's forecast earnings growth (9.9% per year) is above the savings rate (1.6%).
Earnings vs Market: BOUVET's earnings (9.9% per year) are forecast to grow slower than the Norwegian market (34.2% per year).
High Growth Earnings: BOUVET's earnings are forecast to grow, but not significantly.
Revenue vs Market: BOUVET's revenue (9.3% per year) is forecast to grow faster than the Norwegian market (6.1% per year).
High Growth Revenue: BOUVET's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BOUVET's Return on Equity is forecast to be very high in 3 years time (60.2%).
How has Bouvet performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BOUVET has high quality earnings.
Growing Profit Margin: BOUVET's current net profit margins (9.2%) are higher than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: BOUVET's earnings have grown significantly by 24.9% per year over the past 5 years.
Accelerating Growth: BOUVET's earnings growth over the past year (24.6%) is below its 5-year average (24.9% per year).
Earnings vs Industry: BOUVET earnings growth over the past year (24.6%) exceeded the IT industry 6.1%.
Return on Equity
High ROE: BOUVET's Return on Equity (56.9%) is considered outstanding.
How is Bouvet's financial position?
Financial Position Analysis
Short Term Liabilities: BOUVET's short term assets (NOK872.3M) exceed its short term liabilities (NOK660.7M).
Long Term Liabilities: BOUVET's short term assets (NOK872.3M) exceed its long term liabilities (NOK200.5M).
Debt to Equity History and Analysis
Debt Level: BOUVET is debt free.
Reducing Debt: BOUVET has not had any debt for past 5 years.
Debt Coverage: BOUVET has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BOUVET has no debt, therefore coverage of interest payments is not a concern.
What is Bouvet current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BOUVET's dividend (2.65%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.43%).
High Dividend: BOUVET's dividend (2.65%) is low compared to the top 25% of dividend payers in the Norwegian market (6.02%).
Stability and Growth of Payments
Stable Dividend: BOUVET's dividend payments have been volatile in the past 10 years.
Growing Dividend: BOUVET's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.2%), BOUVET's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BOUVET's dividends in 3 years are forecast to be covered by earnings (90% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sverre Hurum (65 yo)
Mr. Sverre Finn Hurum has been the Chief Executive Officer at Bouvet ASA since 2003 and serves as its President. Mr. Hurum has more than 25 years of experience as a Senior Manager in the consulting industr...
CEO Compensation Analysis
Compensation vs Market: Sverre's total compensation ($USD508.20K) is about average for companies of similar size in the Norwegian market ($USD571.30K).
Compensation vs Earnings: Sverre's compensation has been consistent with company performance over the past year.
|President & CEO||17.83yrs||kr4.49m||3.78% |
|Chief Financial Officer||no data||kr3.63m||2% |
|Financial Manager||no data||no data||0.076% |
|Chief Technology Officer||no data||no data||no data|
|Director of Communications||1.83yrs||no data||no data|
|Vice President of Sesam||2.5yrs||no data||0.018% |
|Vice President of Rogaland Region||no data||no data||0.069% |
Experienced Management: BOUVET's management team is considered experienced (2.5 years average tenure).
|Independent Chairman||4.83yrs||kr300.00k||0.049% |
|Independent Director||13.83yrs||kr150.00k||no data|
|Independent Vice Chairman||no data||kr175.00k||0.0087% |
|Independent Director||11.83yrs||kr150.00k||0.013% |
|Independent Director||6.83yrs||kr150.00k||1.99% |
Experienced Board: BOUVET's board of directors are considered experienced (9.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BOUVET insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bouvet ASA's company bio, employee growth, exchange listings and data sources
- Name: Bouvet ASA
- Ticker: BOUVET
- Exchange: OB
- Founded: 2002
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: kr6.375b
- Shares outstanding: 10.25m
- Website: https://www.bouvet.no
Number of Employees
- Bouvet ASA
- Sørkedalsveien 8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BOUVET||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||May 2007|
|0HDU||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||May 2007|
|BOUVEO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||May 2007|
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||2020/11/26 17:21|
|End of Day Share Price||2020/11/26 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.