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Western Bulk Chartering AS
OSE:WEST

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Western Bulk Chartering AS
OSE:WEST
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Price: 20.2 NOK 0.5% Market Closed
Market Cap: kr679.1m

EV/IC

0.6
Current
11%
More Expensive
vs 3-y average of 0.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.6
=
Enterprise Value
kr362m
/
Invested Capital
$55.7m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.6
=
Enterprise Value
kr362m
/
Invested Capital
$55.7m

Valuation Scenarios

Western Bulk Chartering AS is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.6), the stock would be worth kr18.26 (10% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-86%
Maximum Upside
+3%
Average Downside
27%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.6 kr20.2
0%
3-Year Average 0.6 kr18.26
-10%
5-Year Average 0.6 kr17.25
-15%
Industry Average 0.1 kr2.74
-86%
Country Average 0.7 kr20.78
+3%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

In line with most companies in Norway
Percentile
49th
Based on 675 companies
49th percentile
0.6
Low
0 — 0.3
Typical Range
0.3 — 1.4
High
1.4 —
Distribution Statistics
Norway
Min 0
30th Percentile 0.3
Median 0.7
70th Percentile 1.4
Max 1 148.2

Western Bulk Chartering AS
Glance View

Market Cap
679.1m NOK
Industry
Marine

Western Bulk Chartering AS engages in the management of dry bulk vessels. The company is headquartered in Oslo, Oslo. The company went IPO on 2017-06-01. The firm runs a fleet of approximately 170 vessels, all of which are chartered in on various time periods from a range of owners. The firm has diversified customer base consisting of commodity producers, consumers and traders. The firm is a subsidiary of Western Bulk ASA.

WEST Intrinsic Value
44.23 NOK
Undervaluation 54%
Intrinsic Value
Price kr20.2
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