Borregaard ASA
OSE:BRG

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Borregaard ASA
OSE:BRG
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Price: 166.2 NOK -1.77% Market Closed
Market Cap: kr16.6B

EV/S

2.4
Current
13%
Cheaper
vs 3-y average of 2.7

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.4
=
Enterprise Value
kr19.1B
/
Revenue
kr7.7B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.4
=
Enterprise Value
kr19.1B
/
Revenue
kr7.7B

Valuation Scenarios

Borregaard ASA is trading below its 3-year average

If EV/S returns to its 3-Year Average (2.7), the stock would be worth kr191.32 (15% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-63%
Maximum Upside
+18%
Average Downside
15%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 2.4 kr166.2
0%
3-Year Average 2.7 kr191.32
+15%
5-Year Average 2.8 kr195.66
+18%
Industry Average 0.9 kr61.24
-63%
Country Average 1.7 kr119.85
-28%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
kr19.1B
/
Jan 2026
kr7.7B
=
2.4
Current
kr19.1B
/
Dec 2026
kr8.1B
=
2.4
Forward
kr19.1B
/
Dec 2027
kr8.6B
=
2.2
Forward
kr19.1B
/
Dec 2028
kr9B
=
2.1
Forward
kr19.1B
/
Dec 2029
kr9.7B
=
2
Forward
kr19.1B
/
Dec 2030
kr10B
=
1.9
Forward
kr19.1B
/
Dec 2031
kr10.3B
=
1.9
Forward
kr19.1B
/
Dec 2032
kr10.6B
=
1.8
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

In line with most companies in Norway
Percentile
56th
Based on 658 companies
56th percentile
2.4
Low
0 — 0.5
Typical Range
0.5 — 5.2
High
5.2 —
Distribution Statistics
Norway
Min 0
30th Percentile 0.5
Median 1.7
70th Percentile 5.2
Max 67 008.4

Borregaard ASA
Glance View

Market Cap
16.6B NOK
Industry
Chemicals

Nestled in the lush landscapes of Norway, Borregaard ASA has meticulously carved out a distinctive niche for itself in the world of biorefinery. Emerging from its roots in traditional pulp and paper production, Borregaard has adeptly transformed itself into a global leader of advanced and sustainable biochemicals. The company's biorefinery operation skillfully harnesses the potential of wood as its raw material, extracting high-value lignin, cellulose, vanillin, and other specialty chemicals. This innovative approach enables Borregaard to capitalize on its ability to not only replace fossil-based products but also to create environmentally friendly solutions for a range of industries such as agriculture, construction, and pharmaceuticals. The firm's dedication to sustainability and specialization reflects a forward-looking mindset that aligns with evolving market demands and global environmental standards. Revenue at Borregaard flows predominantly from its divisions, all working in concert to sustain its diverse portfolio. The Performance Chemicals division, for example, primarily markets lignin-based products, which serve as vital ingredients in concrete admixtures and battery components. Meanwhile, the Specialty Cellulose division transforms cellulose into unique applications, ranging from food additives to cosmetics, and fuels the company's growth in diverse markets. Then there is the Fine Chemicals department, which refines vanillin for flavor and fragrance industries. The company's tactical orientation towards innovation and sustainable production not only ensures a steady stream of revenue but also galvanizes its standing as a beacon of environmental responsibility in the chemical industry. In sum, Borregaard's story is one of transformation and foresight, leveraging its expertise to craft a profitable model that harmonizes with the planet's ecological aspirations.

BRG Intrinsic Value
168.92 NOK
Undervaluation 2%
Intrinsic Value
Price kr166.2
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