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Western Bulk Chartering ASOB:WEST Stock Report

Market Cap NOK 586.7m
Share Price
NOK 17.45
My Fair Value
n/a
1Y-0.6%
7D-2.5%
Portfolio Value
View

Western Bulk Chartering AS

OB:WEST Stock Report

Market Cap: NOK 586.7m

Western Bulk Chartering (WEST) Stock Overview

Operates as a dry bulk shipping company. More details

WEST fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

WEST Community Fair Values

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Western Bulk Chartering AS Competitors

Price History & Performance

Summary of share price highs, lows and changes for Western Bulk Chartering
Historical stock prices
Current Share PriceNOK 17.45
52 Week HighNOK 19.80
52 Week LowNOK 10.85
Beta1.58
1 Month Change18.71%
3 Month Change34.23%
1 Year Change-0.57%
3 Year Change-54.32%
5 Year Change93.89%
Change since IPO-56.91%

Recent News & Updates

Cause For Concern? One Analyst Thinks Western Bulk Chartering AS' (OB:WEST) Revenues Are Under Threat

May 01
Cause For Concern? One Analyst Thinks Western Bulk Chartering AS' (OB:WEST) Revenues Are Under Threat

Recent updates

Cause For Concern? One Analyst Thinks Western Bulk Chartering AS' (OB:WEST) Revenues Are Under Threat

May 01
Cause For Concern? One Analyst Thinks Western Bulk Chartering AS' (OB:WEST) Revenues Are Under Threat

Why We Like The Returns At Western Bulk Chartering (OB:WEST)

Nov 22
Why We Like The Returns At Western Bulk Chartering (OB:WEST)

Western Bulk Chartering (OB:WEST) Has A Pretty Healthy Balance Sheet

Oct 19
Western Bulk Chartering (OB:WEST) Has A Pretty Healthy Balance Sheet

Is Western Bulk Chartering (OB:WEST) A Risky Investment?

Oct 30
Is Western Bulk Chartering (OB:WEST) A Risky Investment?

Western Bulk Chartering's (OB:WEST) Strong Earnings Are Of Good Quality

Aug 25
Western Bulk Chartering's (OB:WEST) Strong Earnings Are Of Good Quality

Here's Why We Think Western Bulk Chartering (OB:WEST) Is Well Worth Watching

Aug 22
Here's Why We Think Western Bulk Chartering (OB:WEST) Is Well Worth Watching

Upgrade: Analysts Just Made A Stunning Increase To Their Western Bulk Chartering AS (OB:WEST) Forecasts

Jul 27
Upgrade: Analysts Just Made A Stunning Increase To Their Western Bulk Chartering AS (OB:WEST) Forecasts

Here's Why I Think Western Bulk Chartering (OB:WEST) Is An Interesting Stock

Apr 28
Here's Why I Think Western Bulk Chartering (OB:WEST) Is An Interesting Stock

Western Bulk Chartering (OB:WEST) Seems To Use Debt Rather Sparingly

Feb 21
Western Bulk Chartering (OB:WEST) Seems To Use Debt Rather Sparingly

Shareholder Returns

WESTNO ShippingNO Market
7D-2.5%1.1%-1.5%
1Y-0.6%-8.7%5.8%

Return vs Industry: WEST exceeded the Norwegian Shipping industry which returned -8.7% over the past year.

Return vs Market: WEST underperformed the Norwegian Market which returned 5.8% over the past year.

Price Volatility

Is WEST's price volatile compared to industry and market?
WEST volatility
WEST Average Weekly Movement5.2%
Shipping Industry Average Movement4.1%
Market Average Movement4.5%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.5%

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

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

About the Company

FoundedEmployeesCEOWebsite
198294Torbjoern Gjervikwww.westernbulk.com

Western Bulk Chartering AS, together with its subsidiaries, operates as a dry bulk shipping company. It engages in chartering and operating dry bulk vessels for the transportation of products, such as minerals, timber, cement, bauxite, steel products, grains, coal, and other products; and operation of chartered-in fleet of 120 vessels, including time charter trip vessels and period vessels. The company operates in Norway, Far East, rest of Europe, India, North America, South America, Africa, and the Middle East.

Western Bulk Chartering AS Fundamentals Summary

How do Western Bulk Chartering's earnings and revenue compare to its market cap?
WEST fundamental statistics
Market capNOK 586.66m
Earnings (TTM)-NOK 73.89m
Revenue (TTM)NOK 11.37b
0.1x
P/S Ratio
-7.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEST income statement (TTM)
RevenueUS$1.12b
Cost of RevenueUS$1.10b
Gross ProfitUS$18.30m
Other ExpensesUS$25.59m
Earnings-US$7.29m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Mar 11, 2026

Earnings per share (EPS)-0.22
Gross Margin1.63%
Net Profit Margin-0.65%
Debt/Equity Ratio0%

How did WEST perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/03 10:48
End of Day Share Price 2025/10/31 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Western Bulk Chartering AS is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen LianDNB Carnegie
Kyrre FlesjaDNB Carnegie