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Edda Wind OB:EWIND Stock Report

Last Price

NOK 18.60

Market Cap

NOK 2.4b

7D

-5.1%

1Y

-23.0%

Updated

22 Dec, 2024

Data

Company Financials +

EWIND Stock Overview

Develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms worldwide. More details

EWIND fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Edda Wind ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Edda Wind
Historical stock prices
Current Share PriceNOK 18.60
52 Week HighNOK 26.00
52 Week LowNOK 18.50
Beta0.58
1 Month Change-13.49%
3 Month Change-3.63%
1 Year Change-22.98%
3 Year Change-40.97%
5 Year Changen/a
Change since IPO-40.65%

Recent News & Updates

Recent updates

Earnings Update: Edda Wind ASA (OB:EWIND) Just Reported And Analysts Are Trimming Their Forecasts

Aug 20
Earnings Update: Edda Wind ASA (OB:EWIND) Just Reported And Analysts Are Trimming Their Forecasts

Why Edda Wind's (OB:EWIND) Shaky Earnings Are Just The Beginning Of Its Problems

Feb 27
Why Edda Wind's (OB:EWIND) Shaky Earnings Are Just The Beginning Of Its Problems

Shareholder Returns

EWINDNO ShippingNO Market
7D-5.1%-4.7%-2.8%
1Y-23.0%0.5%-0.8%

Return vs Industry: EWIND underperformed the Norwegian Shipping industry which returned 0.5% over the past year.

Return vs Market: EWIND underperformed the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is EWIND's price volatile compared to industry and market?
EWIND volatility
EWIND Average Weekly Movement5.3%
Shipping Industry Average Movement5.3%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: EWIND has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: EWIND's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201523Kenneth Wallandeddawind.com

Edda Wind ASA develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms worldwide. It owns and operates two purpose-built SOVs; operates one chartered in frontrunner vessel; and has 8 offshore wind vessels under construction, which include two offshore wind SOVs and six offshore wind CSOVs. The company was founded in 2015 and is headquartered in Haugesund, Norway.

Edda Wind ASA Fundamentals Summary

How do Edda Wind's earnings and revenue compare to its market cap?
EWIND fundamental statistics
Market capNOK 2.41b
Earnings (TTM)-NOK 82.46m
Revenue (TTM)NOK 653.20m

3.7x

P/S Ratio

-29.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EWIND income statement (TTM)
Revenue€55.26m
Cost of Revenue€24.09m
Gross Profit€31.17m
Other Expenses€38.15m
Earnings-€6.98m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)-0.054
Gross Margin56.40%
Net Profit Margin-12.62%
Debt/Equity Ratio100.8%

How did EWIND perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Edda Wind ASA is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin KarlsenDNB Markets
Magnus SolheimFearnley Securities
Magnus AndersenFearnley Securities