NTS ASA, an integrated aquaculture company, engages in the aquaculture, well-boat, shipping, and service vessels businesses in Norway.
Share Price & News
How has NTS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NTS is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NTS's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NTS underperformed the Norwegian Shipping industry which returned 87.5% over the past year.
Return vs Market: NTS exceeded the Norwegian Market which returned 20.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is NTS's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs NTS ASA's (OB:NTS) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
2 months ago | Simply Wall StDoes NTS (OB:NTS) Have A Healthy Balance Sheet?
2 months ago | Simply Wall StA Look At The Fair Value Of NTS ASA (OB:NTS)
NTS Fundamentals Summary
|NTS fundamental statistics|
Is NTS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NTS income statement (TTM)|
|Cost of Revenue||kr778.42m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.77|
|Net Profit Margin||-3.87%|
How did NTS perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is NTS undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NTS (NOK91.2) is trading below our estimate of fair value (NOK117.31)
Significantly Below Fair Value: NTS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NTS is unprofitable, so we can't compare its PE Ratio to the Norwegian Shipping industry average.
PE vs Market: NTS is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NTS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NTS is overvalued based on its PB Ratio (2x) compared to the NO Shipping industry average (1.3x).
How is NTS 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: NTS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: NTS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NTS's is expected to become profitable in the next 3 years.
Revenue vs Market: NTS's revenue (53% per year) is forecast to grow faster than the Norwegian market (5.8% per year).
High Growth Revenue: NTS's revenue (53% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NTS's Return on Equity is forecast to be low in 3 years time (13%).
How has NTS performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NTS is currently unprofitable.
Growing Profit Margin: NTS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NTS is unprofitable, but has reduced losses over the past 5 years at a rate of 7.8% per year.
Accelerating Growth: Unable to compare NTS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NTS is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (144.4%).
Return on Equity
High ROE: NTS has a negative Return on Equity (-0.75%), as it is currently unprofitable.
How is NTS's financial position?
Financial Position Analysis
Short Term Liabilities: NTS's short term assets (NOK2.0B) exceed its short term liabilities (NOK1.6B).
Long Term Liabilities: NTS's short term assets (NOK2.0B) do not cover its long term liabilities (NOK4.8B).
Debt to Equity History and Analysis
Debt Level: NTS's debt to equity ratio (70%) is considered high.
Reducing Debt: NTS's debt to equity ratio has reduced from 188.8% to 70% over the past 5 years.
Debt Coverage: NTS's debt is well covered by operating cash flow (24.7%).
Interest Coverage: NTS's interest payments on its debt are well covered by EBIT (5x coverage).
What is NTS current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NTS's dividend (1.1%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (1.81%).
High Dividend: NTS's dividend (1.1%) is low compared to the top 25% of dividend payers in the Norwegian market (5.08%).
Stability and Growth of Payments
Stable Dividend: NTS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NTS has only been paying a dividend for 4 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: NTS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: NTS's dividends in 3 years are forecast to be well covered by earnings (25.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Harry Boe (56 yo)
Mr. Harry Asmund Boe serves as Board Member at Frøy ASA since February 26, 2021. Mr. Boe serves as Chief Executive Officer at NTS ASA since June 2016 and its MD. Mr. Boe also holds several directorships in...
CEO Compensation Analysis
Compensation vs Market: Harry's total compensation ($USD240.14K) is below average for companies of similar size in the Norwegian market ($USD650.55K).
Compensation vs Earnings: Harry's compensation has increased whilst the company is unprofitable.
Experienced Board: NTS's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.7%.
NTS ASA's company bio, employee growth, exchange listings and data sources
- Name: NTS ASA
- Ticker: NTS
- Exchange: OB
- Founded: 1879
- Industry: Marine
- Sector: Transportation
- Market Cap: kr11.495b
- Shares outstanding: 126.04m
- Website: https://www.ntsasa.no
Number of Employees
- NTS ASA
- Fjordgata 8
NTS ASA, an integrated aquaculture company, engages in the aquaculture, well-boat, shipping, and service vessels businesses in Norway. It produces salmon; provides well-boat shipping services; and transpor...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 16:20|
|End of Day Share Price||2021/09/17 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.