Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Bevest ASA is an investment holding and industrial ownership company headquartered in Trondheim, Norway. The company focuses on long-term, active ownership in a portfolio of businesses primarily within industrial production, real estate, and seafood. Through its industrial holdings, Bevest ASA is exposed to machinery and mechanical services, automation and robotics, welding, surface treatment, and series production activities that support Nordic manufacturing and related industries. In real estate, the company is involved in properties linked to industry and logistics, emphasizing professionally managed, long-term lease arrangements. Its seafood-related investments concentrate on building sustainable operations in the broader marine and aquaculture value chain. Bevest ASA plays a role in the Nordic financial market as a specialized owner that combines industrial expertise with financial capabilities, aiming to enhance operational efficiency and corporate governance across its portfolio companies. Founded in 1980 in Norway, it operates today as a diversified platform connecting capital with small and medium-sized enterprises across key productive sectors of the regional economy.
NOK 23.80
+NOK 0.00 (+0.00%)
Price from 7 days ago
The business is unprofitable at the operating level (-0.20% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 935.7%, still solid. Free cash flow declined 155% despite revenue growth, conversion is weakening.
Free cash flow declined 155% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -NOK 91M. The business is consuming cash, not generating it.
0.3x earnings, 147.1x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 9.82B
▲ +935.7% YoY
Net Income (TTM)
NOK 112M
▲ +221.0% YoY
Op. Margin
0.32%
▼ -0.8pp YoY
ROIC
-0.20%
▼ -0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 22M
▼ -154.9% YoY
Op. Cash Flow (TTM)
NOK 1.07B
▼ -108.8% YoY
Net Debt
NOK 73.15B
Cash & Equiv.
NOK 8.71B
3Y CAGR: +608.2%
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At a P/E of 0.3 and a price-to-free-cash-flow of 147.1, Bevest ASA (BINT.XOSL) trades above a two-stage DCF intrinsic value of about NOK -532.54 per share, so at NOK 23.80 the stock looks overvalued (2,337.6% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Bevest ASA scores 31/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about NOK -532.54 per share for BINT.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around NOK -399.40. At today's NOK 23.80, that puts the stock about 2,337.6% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Bevest ASA scores 31 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 0.3% operating margin and a -0.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. BINT.XOSL currently trades above its estimated intrinsic value and scores 31/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.