company background image
NORVA logo

Norva24 Group OM:NORVA Stock Report

Last Price

SEK 27.75

Market Cap

SEK 5.1b

7D

-4.5%

1Y

14.7%

Updated

18 Dec, 2024

Data

Company Financials +

NORVA Stock Overview

Provides underground infrastructure maintenance services in Northern Europe. More details

NORVA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Norva24 Group AB (Publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Norva24 Group
Historical stock prices
Current Share PriceSEK 27.75
52 Week HighSEK 34.55
52 Week LowSEK 22.50
Beta0.72
1 Month Change0.91%
3 Month Change-12.46%
1 Year Change14.67%
3 Year Change-7.99%
5 Year Changen/a
Change since IPO-11.62%

Recent News & Updates

We Think Norva24 Group's (STO:NORVA) Solid Earnings Are Understated

Nov 22
We Think Norva24 Group's (STO:NORVA) Solid Earnings Are Understated

Recent updates

We Think Norva24 Group's (STO:NORVA) Solid Earnings Are Understated

Nov 22
We Think Norva24 Group's (STO:NORVA) Solid Earnings Are Understated

Norva24 Group AB (Publ) Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next

Aug 19
Norva24 Group AB (Publ) Just Missed EPS By 21%: Here's What Analysts Think Will Happen Next

Norva24 Group AB (Publ) Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next

May 25
Norva24 Group AB (Publ) Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next

Here's Why Norva24 Group (STO:NORVA) Can Manage Its Debt Responsibly

Jan 17
Here's Why Norva24 Group (STO:NORVA) Can Manage Its Debt Responsibly

Subdued Growth No Barrier To Norva24 Group AB (Publ) (STO:NORVA) With Shares Advancing 27%

Jun 14
Subdued Growth No Barrier To Norva24 Group AB (Publ) (STO:NORVA) With Shares Advancing 27%

Norva24 Group AB (Publ) Just Missed Earnings - But Analysts Have Updated Their Models

Jun 03
Norva24 Group AB (Publ) Just Missed Earnings - But Analysts Have Updated Their Models

We Think You Can Look Beyond Norva24 Group's (STO:NORVA) Lackluster Earnings

Mar 08
We Think You Can Look Beyond Norva24 Group's (STO:NORVA) Lackluster Earnings

Shareholder Returns

NORVASE Commercial ServicesSE Market
7D-4.5%-1.0%-1.6%
1Y14.7%16.4%6.5%

Return vs Industry: NORVA underperformed the Swedish Commercial Services industry which returned 16.1% over the past year.

Return vs Market: NORVA exceeded the Swedish Market which returned 6.1% over the past year.

Price Volatility

Is NORVA's price volatile compared to industry and market?
NORVA volatility
NORVA Average Weekly Movement4.3%
Commercial Services Industry Average Movement4.4%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.4%
10% least volatile stocks in SE Market3.2%

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

Volatility Over Time: NORVA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20151,958Henrik Norrbomwww.norva24.com

Norva24 Group AB (Publ) provides underground infrastructure maintenance services in Northern Europe. The company offers emptying services, such as emptying septic tanks, sand traps, grease separators, oil, and other masses. It also provides pressure washing services comprising of tank cleaning and high pressure washing.

Norva24 Group AB (Publ) Fundamentals Summary

How do Norva24 Group's earnings and revenue compare to its market cap?
NORVA fundamental statistics
Market capSEK 5.05b
Earnings (TTM)SEK 189.58m
Revenue (TTM)SEK 3.41b

26.6x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORVA income statement (TTM)
RevenueNOK 3.50b
Cost of RevenueNOK 1.86b
Gross ProfitNOK 1.64b
Other ExpensesNOK 1.44b
EarningsNOK 194.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 19, 2025

Earnings per share (EPS)1.07
Gross Margin46.76%
Net Profit Margin5.55%
Debt/Equity Ratio39.7%

How did NORVA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 08:47
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Norva24 Group AB (Publ) is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Simon JonssonBerenberg
Jenna XuBerenberg
Erik GranströmCarnegie Investment Bank AB