NYAB: Winter came early
NYAB issued its second profit warning of the year on Friday after weather conditions slowed down the progress of its projects. At the same time, the company updated its strategic plan for the next few years and its long-term financial targets, which saw a fairly clear moderation. Reflecting these factors, we lowered our growth and earnings expectations for the next few years, which means that the stock’s valuation picture seems quite expensive.
NYAB
NYAB is active in the energy sector. The company's operations are focused on energy, infrastructure, and industrial construction, as well as associated project management in renewable energy. Special focus is placed on wind turbines. In addition to the main business, alternative energy solutions and associated services are offered. The company's customers are found, for example, in industry and the public sector. The largest business operations are found in the Nordic market.
Read more on company pageKey Estimate Figures26.12.2023
2022 | 23e | 24e | |
---|---|---|---|
Omsætning | 253,3 | 277,8 | 325,0 |
vækst-% | 92,33 % | 9,68 % | 16,96 % |
EBIT (adj.) | 27,2 | 17,6 | 21,7 |
EBIT-% (adj.) | 10,74 % | 6,33 % | 6,69 % |
EPS (adj.) | 0,04 | 0,02 | 0,02 |
Udbytte | 0,01 | 0,01 | 0,01 |
Udbytte % | 0,80 % | 1,27 % | 1,69 % |
P/E (adj.) | 24,85 | 24,98 | 19,63 |
EV/EBITDA | 20,52 | 15,27 | 12,53 |