Fjord1 ASA, together with its subsidiaries, operates passenger ferries and other passenger boats in Norway.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr51.80|
|52 Week High||kr41.70|
|52 Week Low||kr53.00|
|1 Month Change||0.78%|
|3 Month Change||19.08%|
|1 Year Change||21.88%|
|3 Year Change||6.37%|
|5 Year Change||n/a|
|Change since IPO||57.93%|
Recent News & Updates
|FJORD||NO Shipping||NO Market|
Return vs Industry: FJORD underperformed the Norwegian Marine industry which returned 86.4% over the past year.
Return vs Market: FJORD underperformed the Norwegian Market which returned 26.5% over the past year.
Stable Share Price: FJORD is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: FJORD's weekly volatility (6%) has been stable over the past year.
About the Company
Fjord1 ASA, together with its subsidiaries, operates passenger ferries and other passenger boats in Norway. The company operates through four segments: Ferry, Passenger Boat, Catering, and Tourism. The company’s ferries and passenger boats transport vehicles and passengers.
Fjord1 Fundamentals Summary
|FJORD fundamental statistics|
Is FJORD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FJORD income statement (TTM)|
|Cost of Revenue||kr631.78m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 19, 2021
|Earnings per share (EPS)||1.98|
|Net Profit Margin||6.54%|
How did FJORD perform over the long term?See historical performance and comparison
Is Fjord1 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: Insufficient data to calculate FJORD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FJORD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FJORD is poor value based on its PE Ratio (26.2x) compared to the Norwegian Marine industry average (13.7x).
PE vs Market: FJORD is poor value based on its PE Ratio (26.2x) compared to the Norwegian market (13.9x).
Price to Earnings Growth Ratio
PEG Ratio: FJORD is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: FJORD is overvalued based on its PB Ratio (2.1x) compared to the NO Marine industry average (1.2x).
How is Fjord1 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: FJORD's forecast earnings growth (10.9% per year) is above the savings rate (1.2%).
Earnings vs Market: FJORD's earnings (10.9% per year) are forecast to grow faster than the Norwegian market (9.6% per year).
High Growth Earnings: FJORD's earnings are forecast to grow, but not significantly.
Revenue vs Market: FJORD's revenue (0.4% per year) is forecast to grow slower than the Norwegian market (5.7% per year).
High Growth Revenue: FJORD's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FJORD's Return on Equity is forecast to be high in 3 years time
How has Fjord1 performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FJORD has a large one-off loss of NOK67.3M impacting its March 31 2021 financial results.
Growing Profit Margin: FJORD's current net profit margins (6.5%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: FJORD's earnings have declined by 29.6% per year over the past 5 years.
Accelerating Growth: FJORD's earnings growth over the past year (18.2%) exceeds its 5-year average (-29.6% per year).
Earnings vs Industry: FJORD earnings growth over the past year (18.2%) underperformed the Marine industry 54.4%.
Return on Equity
High ROE: FJORD's Return on Equity (8.1%) is considered low.
How is Fjord1's financial position?
Financial Position Analysis
Short Term Liabilities: FJORD's short term assets (NOK766.2M) do not cover its short term liabilities (NOK1.8B).
Long Term Liabilities: FJORD's short term assets (NOK766.2M) do not cover its long term liabilities (NOK5.7B).
Debt to Equity History and Analysis
Debt Level: FJORD's debt to equity ratio (226.9%) is considered high.
Reducing Debt: FJORD's debt to equity ratio has increased from 145% to 226.9% over the past 5 years.
Debt Coverage: FJORD's debt is well covered by operating cash flow (21.4%).
Interest Coverage: FJORD's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Fjord1 current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FJORD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FJORD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FJORD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FJORD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FJORD is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FJORD's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Dagfinn Neteland has been the Chief Executive Officer at Fjord1 ASA since January 2017 and served as its Chief Executive Officer from 2014 to January 22, 2016. Mr. Neteland serves as Managing Director...
CEO Compensation Analysis
Compensation vs Market: Dagfinn's total compensation ($USD658.87K) is about average for companies of similar size in the Norwegian market ($USD597.98K).
Compensation vs Earnings: Dagfinn's compensation has been consistent with company performance over the past year.
Experienced Management: FJORD's management team is considered experienced (4.6 years average tenure).
Experienced Board: FJORD's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FJORD 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.
Fjord1 ASA's employee growth, exchange listings and data sources
- Name: Fjord1 ASA
- Ticker: FJORD
- Exchange: OB
- Founded: 1958
- Industry: Marine
- Sector: Transportation
- Market Cap: kr5.175b
- Shares outstanding: 99.91m
- Website: https://www.fjord1.no
Number of Employees
- Fjord1 ASA
- Strandavegen 15
- Sogn og Fjordane
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/24 17:03|
|End of Day Share Price||2021/07/28 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.