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.
Bouvet ASA is a leading Norwegian consultancy company specializing in IT services, digital communication, and enterprise management solutions. Founded in 2002 through the merger of Mandator AS and Cell Network AS, and headquartered in Oslo, it designs, develops, and advises on advanced IT solutions that enhance digitalization across sectors. With over 2,300 dedicated employees—including engineers, designers, economists, and specialists—spread across 16 offices in Norway and Sweden, Bouvet supports both private enterprises and public organizations. Its offerings contribute to stable energy supplies, efficient public administration, secure banking systems, improved healthcare, safer oil industry operations, streamlined transport logistics, and superior retail customer experiences. Notable for its regional presence fostering long-term client relationships and local expertise, Bouvet operates as a turnkey supplier in technology, consulting, design, and communication, playing a key role in shaping competitive digital strategies in the Nordic markets.
NOK 44.43
+NOK 0.55 (+1.25%)
EOD Jul 2, 2026
12.10% operating margin is respectable but not wide. ROIC at 46.47%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 0.2% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 60% versus the prior year, cash generation momentum has weakened. ROIC dropped from 49.08% to 46.47%, capital efficiency is deteriorating.
13.8x earnings, 15.1x 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 3.87B
▼ -0.2% YoY
Net Income (TTM)
NOK 335M
▼ -6.5% YoY
Op. Margin
11.49%
▼ -0.4pp YoY
ROIC
46.47%
▼ -2.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 306M
▼ -60.1% YoY
Op. Cash Flow (TTM)
NOK 542M
▼ -52.6% YoY
Net Debt
-NOK 238M
Net Cash Position
Cash & Equiv.
NOK 580M
3Y CAGR: +8.2%
3Y CAGR: +4.5%
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At a P/E of 13.8 and a price-to-free-cash-flow of 15.1, Bouvet ASA (BOUV.XOSL) trades around a two-stage DCF intrinsic value of about NOK 55.69 per share, so at NOK 44.43 the stock looks around fair value (25.4% below 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, Bouvet ASA scores 70/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 8.2%; see dividend safety for coverage and history. 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 55.69 per share for BOUV.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 41.77. At today's NOK 44.43, that puts the stock about 25.4% below 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.
Bouvet ASA scores 70 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 11.5% operating margin and a 46.5% 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.
Yes, Bouvet ASA pays a regular dividend of about NOK 3.65 per share per year (typically in quarterly installments), a yield of roughly 8.2% at the current price. That is a payout ratio of about 113.4% of earnings, so the dividend is stretched at this level. Bouvet ASA has grown the dividend at roughly 8.1% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For BOUV.XOSL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. BOUV.XOSL currently trades around its estimated intrinsic value and scores 70/100 on quality (solid). It also yields about 8.2%. 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.