Projected Income Statement: Scatec ASA

Forecast Balance Sheet: Scatec ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 14,949 19,578 23,284 24,639 25,663 28,894 38,145 40,028
Change - 30.97% 18.93% 5.82% 4.16% 12.59% 32.02% 4.94%
Announcement Date 3/2/22 3/2/23 26/1/24 31/1/25 30/1/26 - - -
1NOK in Million
Estimates

Cash Flow Forecast: Scatec ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 967 1,986 8,786 3,268 6,029 7,994 17,438 8,155
Change - 105.38% 342.4% -62.8% 84.49% 32.59% 118.14% -53.24%
Free Cash Flow (FCF) 1 10,153 -1,230 -4,961 -140 -3,569 -2,980 -10,616 1,627
Change - -112.11% -303.33% 97.18% -2,449.29% 16.51% -256.28% 115.33%
Announcement Date 3/2/22 3/2/23 26/1/24 31/1/25 30/1/26 - - -
1NOK in Million
Estimates

Forecast Financial Ratios: Scatec ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 76.33% 68.12% 75.56% 82.46% 76.61% 77.34% 74.14% 66.6%
EBIT Margin (%) 52.91% 19.27% 55.6% 62.78% 54.31% 52.3% 53.6% 51.9%
EBT Margin (%) 11.99% -29.19% 21.35% 22.27% 20.52% 10.21% 19.23% 19.95%
Net margin (%) 10.2% -35.56% 13.3% 19.91% 19.95% 9.23% 16.57% 15.94%
FCF margin (%) 266.97% -32.79% -105.08% -2.13% -68.14% -54.4% -131.87% 14.3%
FCF / Net Income (%) 2,616.75% 92.2% -789.97% -10.7% -341.53% -589.31% -795.71% 89.7%

Profitability

        
ROA 1.3% -3.82% 1.6% 2.99% - - - -
ROE 4.3% -15.22% 7.41% 13.55% 10.09% 3.83% 9.9% 11.95%

Financial Health

        
Leverage (Debt/EBITDA) 5.15x 7.66x 6.53x 4.55x 6.39x 6.82x 6.39x 5.28x
Debt / Free cash flow 1.47x -15.92x -4.69x -175.99x -7.19x -9.7x -3.59x 24.6x

Capital Intensity

        
CAPEX / Current Assets (%) 25.43% 52.95% 186.1% 49.71% 115.1% 145.95% 216.61% 71.65%
CAPEX / EBITDA (%) 33.31% 77.73% 246.31% 60.28% 150.24% 188.71% 292.15% 107.57%
CAPEX / FCF (%) 9.52% -161.46% -177.1% -2,334.29% -168.93% -268.28% -164.26% 501.15%

Items per share

        
Cash flow per share 1 12.96 4.758 24.07 19.69 15.4 26.3 49.3 75.1
Change - -63.28% 405.95% -18.2% -21.81% 70.83% 87.45% 52.33%
Dividend per Share 1 2.54 1.94 - - - 0.01 0.004 0.005
Change - -23.62% - - - - -60% 25%
Book Value Per Share 1 58.34 52 54.67 66.88 63.51 68.49 80.08 92.85
Change - -10.86% 5.13% 22.34% -5.05% 7.85% 16.92% 15.94%
EPS 1 2.43 -8.4 3.95 8.24 6.54 2.782 8.378 11.39
Change - -445.68% 147.02% 108.61% -20.63% -57.46% 201.17% 35.96%
Nbr of stocks (in thousands) 158,792 158,756 158,917 159,028 158,917 159,849 159,849 159,849
Announcement Date 3/2/22 3/2/23 26/1/24 31/1/25 30/1/26 - - -
1NOK
Estimates
2026 *2027 *
P/E 34.8x 11.5x
PBR 1.41x 1.21x
EV / Sales 8.1x 6.66x
Yield 0.01% -

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
96.70NOK
Average target price
131.50NOK
Spread / Average Target
+35.99%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. SSO Stock
  4. Financials Scatec ASA