How does FROY's PE Ratio compare to its peers?

FROY is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the peer average (4.7x).

How does FROY's PE Ratio compare vs other companies in the European Shipping Industry?

FROY is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the European Shipping industry average (5.7x).

What is FROY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FROY's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of FROY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FROY (NOK76.2) is trading above our estimate of [[fair value]] (NOK23.76)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Frøy (OB:FROY) - Stock Price, News & Analysis

FROY Stock Overview

Frøy ASA provides integrated service to the aquaculture industry in Norway. More details

FROY fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Interest payments are not well covered by earnings

Profit margins (11.1%) are lower than last year (16.5%)

Frøy ASA Competitors

Odfjell

OB:ODF

NOK 9.0b

Klaveness Combination Carriers

OB:KCC

NOK 5.1b

Belships

OB:BELCO

NOK 4.6b

MPC Container Ships

OB:MPCC

NOK 11.8b

Price History & Performance

Summary of all time highs, changes and price drops for Frøy
Historical stock prices
Current Share Price	NOK 76.20
52 Week High	NOK 76.40
52 Week Low	NOK 39.55
Beta	0.91
11 Month Change	0%
3 Month Change	0%
1 Year Change	77.21%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	24.92%

Recent updates

Shareholder Returns

	FROY	NO Shipping	NO Market
7D	0%	8.0%	3.1%
1Y	77.2%	22.8%	3.9%

Return vs Industry: FROY exceeded the Norwegian Shipping industry which returned 7.2% over the past year.

Return vs Market: FROY exceeded the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is FROY's price volatile compared to industry and market?
FROY volatility
FROY Average Weekly Movement	n/a
Shipping Industry Average Movement	5.4%
Market Average Movement	5.2%
10% most volatile stocks in NO Market	10.6%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: FROY has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine FROY's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2019	722	Tonje Foss	froygruppen.no

Frøy ASA provides integrated service to the aquaculture industry in Norway. The company offers wellboat services, sea freight, de-lice and treatment, mooring and laying, ring washing and cage services, inspection and certification, bottom mapping and documentation, tow, and ROV and diving services, as well as drainage, inspection, and repair services. It owns and operates 19 wellboats, 64 aqua service vessels, and 3 feed transport vessels.

Frøy ASA Fundamentals Summary

How do Frøy's earnings and revenue compare to its market cap?
FROY fundamental statistics
Market cap	NOK 6.58b
Earnings (TTM)	NOK 246.41m
Revenue (TTM)	NOK 2.21b

26.7x

P/E Ratio

3.0x

P/S Ratio

Is FROY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FROY income statement (TTM)
Revenue	NOK 2.21b
Cost of Revenue	NOK 1.36b
Gross Profit	NOK 846.00m
Other Expenses	NOK 599.59m
Earnings	NOK 246.41m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.85
Gross Margin	38.27%
Net Profit Margin	11.15%
Debt/Equity Ratio	129.0%

How did FROY perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

53%

Payout Ratio

FROY Stock Overview

Risk Analysis

Frøy ASA Competitors

OB:ODF

NOK 9.0b

OB:KCC

NOK 5.1b

OB:BELCO

NOK 4.6b

OB:MPCC

NOK 11.8b

Price History & Performance

Recent News & Updates

Frøy Delisted from Oslo Børs as of September 26, 2023

Frøy to Be Delisted from Oslo Stock Exchange

Goldman Sachs Asset Management, L.P. completed the acquisition of remaining 27.88% stake in Frøy ASA (OB:FROY).

Goldman Sachs Asset Management, L.P. completed the acquisition of a 72.11363% stake in Frøy ASA (OB:FROY) from NTS ASA.

Frøy Asa Provides Earnings Guidance for Second Quarter 2023

Goldman Sachs Asset Management, L.P. entered into an agreement to acquire 72.11363% stake in Frøy ASA (OB:FROY) from NTS ASA for NOK 4.76 billion.

Recent updates

Frøy Delisted from Oslo Børs as of September 26, 2023

Frøy to Be Delisted from Oslo Stock Exchange

Goldman Sachs Asset Management, L.P. completed the acquisition of remaining 27.88% stake in Frøy ASA (OB:FROY).

Goldman Sachs Asset Management, L.P. completed the acquisition of a 72.11363% stake in Frøy ASA (OB:FROY) from NTS ASA.

Frøy Asa Provides Earnings Guidance for Second Quarter 2023

Goldman Sachs Asset Management, L.P. entered into an agreement to acquire 72.11363% stake in Frøy ASA (OB:FROY) from NTS ASA for NOK 4.76 billion.

Goldman Sachs Asset Management, L.P. entered into an agreement to acquire 72.11363% stake in Frøy ASA (OB:FROY) from NTS ASA for NOK 4.76 billion.

Frøy Expects to Delist from Oslo Stock Exchange

Upcoming dividend of kr0.75 per share at 2.2% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investors Could Be Concerned With Frøy's (OB:FROY) Returns On Capital

Price target decreased to kr61.00

Frøy ASA to Report Q1, 2023 Results on May 11, 2023

Third quarter 2022 earnings released: EPS: kr1.12 (vs kr1.00 in 3Q 2021)

High number of new and inexperienced directors

Investor sentiment improved over the past week

Here's What's Concerning About Frøy's (OB:FROY) Returns On Capital

Consensus forecasts updated

Second quarter 2022 earnings released: EPS: kr0.49 (vs kr0.68 in 2Q 2021)

Frøy ASA Approves Dividend, Payable on or About June 14, 2022

Consensus revenue estimates fall by 21%

Frøy ASA (OB:FROY) Analysts Just Cut Their EPS Forecasts Substantially

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

No independent directors

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Frøy ASA to Report Q3, 2022 Results on Nov 16, 2022

Frøy ASA Proposes Dividend

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

Frøy ASA to Report Q4, 2021 Results on Feb 23, 2022

Frøy's (OB:FROY) Soft Earnings Are Actually Better Than They Appear

Shareholder Returns

Price Volatility

About the Company

Frøy ASA Fundamentals Summary

26.7x

3.0x

Earnings & Revenue

Dividends

2.0%

53%