NTS

NTSOB:NTS Stock Report

Market Cap

kr11.5b

7D

-1.1%

1Y

27.6%

Updated

19 Sep, 2021

Data

Company Financials +
NTS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends1/6

NTS Overview

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.


Market Performance


7 Day Return

-1.1%

NTS

0.9%

NO Shipping

-0.5%

NO Market


1 Year Return

27.6%

NTS

87.4%

NO Shipping

20.4%

NO Market

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.


Shareholder returns

NTSIndustryMarket
7 Day-1.1%0.9%-0.5%
30 Day-3.2%1.4%1.3%
90 Day0.7%6.3%2.6%
1 Year29.1%27.6%91.8%87.4%27.2%20.4%
3 Year65.6%57.2%19.1%-3.7%17.4%4.0%
5 Yearn/a62.4%43.0%80.7%47.8%

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

NTS Fundamentals Summary

How do NTS's earnings and revenue compare to its market cap?
NTS fundamental statistics
Market Capkr11.49b
Earnings (TTM)-kr91.64m
Revenue (TTM)kr2.37b

4.8x

P/S Ratio

-125.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NTS income statement (TTM)
Revenuekr2.37b
Cost of Revenuekr778.42m
Gross Profitkr1.59b
Expenseskr1.68b
Earnings-kr91.64m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.77
Gross Margin67.16%
Net Profit Margin-3.87%
Debt/Equity Ratio70.0%

How did NTS perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

-130%

Payout Ratio

Valuation

Is NTS undervalued compared to its fair value and its price relative to the market?

22.3%

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).


Future Growth

How is NTS forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

74.5%

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%).


Past Performance

How has NTS performed over the past 5 years?

7.8%

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.


Financial Health

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).


Balance Sheet


Dividend

What is NTS current dividend yield, its reliability and sustainability?

1.10%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average board tenure


CEO

Harry Boe (56 yo)

no data

Tenure

kr2,085,000

Compensation

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.


Board Members

Experienced Board: NTS's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.7%.


Top Shareholders

Company Information

NTS ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • NTS ASA
  • InnovArena
  • Fjordgata 8
  • Rørvik
  • Nord-Trøndelag
  • 7900
  • Norway

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 16:20
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.