Projected Income Statement: Elliptic Laboratories ASA

Forecast Balance Sheet: Elliptic Laboratories ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -201 -166 -89.7 -57 -43.1 -65.8 -48.6 -43.2
Change - 17.41% 45.96% 36.45% 24.39% -52.82% 26.14% 11.11%
Announcement Date 10/03/22 17/02/23 15/02/24 27/02/25 26/02/26 - - -
1NOK in Million
Estimates

Cash Flow Forecast: Elliptic Laboratories ASA

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 17.61 23.33 25.48 30.72 29.08 22 24 26
Change - 32.46% 9.22% 20.56% -5.32% -24.35% 9.09% 8.33%
Free Cash Flow (FCF) 1 -28.43 -36.08 - - -23.09 -27 -11 2
Change - -26.91% - - - -16.94% 59.26% 118.18%
Announcement Date 10/03/22 17/02/23 15/02/24 27/02/25 26/02/26 - - -
1NOK in Million
Estimates

Forecast Financial Ratios: Elliptic Laboratories ASA

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

Profitability

        
EBITDA Margin (%) -4.49% -59.19% -49.06% 19.04% -20.13% -0.89% 14.43% 23.93%
EBIT Margin (%) -17.67% -80.92% -72.81% 3.57% -44.23% -26.4% -6.7% 5.84%
EBT Margin (%) -20.77% -75.49% -68.58% 12.92% -56.68% -35.16% -6.43% 5.81%
Net margin (%) -17.7% -61.54% -55.4% 6.79% -135.3% -30.22% -5.01% 4.53%
FCF margin (%) -45.11% -69.31% - - -22.47% -27.12% -9.15% 1.33%
FCF / Net Income (%) 254.87% 112.62% - - 16.61% 89.75% 182.47% 29.44%

Profitability

        
ROA - - - - - - - -
ROE -4.2% -9.7% -11.96% 2.84% -54.86% - - 3.09%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 27.94% 44.81% 37.29% 23.28% 28.31% 22.1% 19.95% 17.33%
CAPEX / EBITDA (%) -622.48% -75.7% -76.01% 122.29% -140.63% -2,473.72% 138.24% 72.44%
CAPEX / FCF (%) -61.94% -64.64% - - -125.96% -81.48% -218.18% 1,300%

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 - - - - - - - -
Change - - - - - - - -
Book Value Per Share 1 3.301 3.134 2.929 3.09 1.786 1.667 1.633 1.697
Change - -5.06% -6.53% 5.5% -42.22% -6.64% -2.03% 3.88%
EPS 1 -0.11 -0.31 -0.36 0.09 -1.32 -0.2313 -0.0458 0.0511
Change - -181.82% -16.13% 125% -1,566.67% 82.48% 80.18% 211.45%
Nbr of stocks (in thousands) 103,842 104,074 104,838 105,275 105,287 126,337 126,337 126,337
Announcement Date 10/03/22 17/02/23 15/02/24 27/02/25 26/02/26 - - -
1NOK
Estimates
2026 *2027 *
P/E -12.1x -61x
PBR 1.68x 1.71x
EV / Sales 2.89x 2.53x
Yield - -

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
2.795NOK
Average target price
4.800NOK
Spread / Average Target
+71.74%

Quarterly revenue - Rate of surprise

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