H

Havila Kystruten AS
OSE:HKY

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Havila Kystruten AS
OSE:HKY
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Price: 50 NOK 5.49%
Market Cap: kr856m

P/B

-0.6
Current
348%
Cheaper
vs 3-y average of 0.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
-0.6
=
Market Cap
kr958.6m
/
Total Equity
kr-1.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
-0.6
=
Market Cap
kr958.6m
/
Total Equity
kr-1.4B

Valuation Scenarios

Havila Kystruten AS is trading above its 3-year average

If P/B returns to its 3-Year Average (0.2), the stock would be worth kr-20.13 (140% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-994%
Maximum Upside
No Upside Scenarios
Average Downside
456%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple -0.6 kr50
0%
3-Year Average 0.2 kr-20.13
-140%
5-Year Average 1.3 kr-109.13
-318%
Industry Average 5.5 kr-446.77
-994%
Country Average 1.7 kr-136.03
-372%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
NO
Havila Kystruten AS
OSE:HKY
855.9m NOK -0.6 -0.8
CN
H World Group Ltd
BMV:HTHTN
2.7T MXN 82 206.7
US
Booking Holdings Inc
NASDAQ:BKNG
138.2B USD -25 25.8
US
Marriott International Inc
NASDAQ:MAR
95.3B USD -24.9 36.1
US
Airbnb Inc
NASDAQ:ABNB
85B USD 10.3 33.8
US
Hilton Worldwide Holdings Inc
NYSE:HLT
74.5B USD -13.5 50
US
Royal Caribbean Cruises Ltd
NYSE:RCL
69.2B USD 6.8 16.1
US
Carnival Corp
NYSE:CCL
36.4B USD 2.7 11.5
US
Viking Holdings Ltd
NYSE:VIK
35.4B USD 0 0
UK
Carnival PLC
LSE:CCL
25.5B GBP 2.7 12.2
CN
Trip.com Group Ltd
HKEX:9961
269.8B HKD 1.4 7.2

Market Distribution

Lower than 100% of companies in Norway
Percentile
0th
Based on 659 companies
0th percentile
-0.6
Low
0 — 1.2
Typical Range
1.2 — 3.3
High
3.3 —
Distribution Statistics
Norway
Min 0
30th Percentile 1.2
Median 1.7
70th Percentile 3.3
Max 234.8

Havila Kystruten AS
Glance View

Havila Kystruten AS engages in scheduled passenger and freight transportation services. The company is headquartered in Fosnavaag, Hordaland. The company went IPO on 2021-08-03. Havila Kystruten's core business is to operate four environmentally friendly ships along the classic coastal journey between Bergen and Kirkenes in Norway. The ships' batteries are recharged by pure hydropower when ashore. When the batteries are empty the operators switch to natural gas, which is specially designed for maximum energy efficiency, and surplus heat from cooling water and sea is used for heating on board. Havila Kystruten AS has a contract with the Norwegian Ministry of Transport to operate four of the eleven coastal cruise ships on the classic coastal route between Bergen and Kirkenes. Havila Kystruten is part of the Havila Group, which operates fisheries and herring fishing, as well as ship technology, offshore, transport and tourism.

HKY Intrinsic Value
162.17 NOK
Undervaluation 69%
Intrinsic Value
Price kr50
H
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