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Borgestad ASA (BOR.OL)
NOK16.35
-0.20 (-1.21%)
NO OSL Basic Materials Construction Materials
Address
Gunnar Knudsensveg 144 3712
Lysaker, NO
Lysaker, NO
CEO
Pal Feen Larsen
Website
borgestad.no
IPO
2000-01-13
ISIN NO0013256180
Description
Borgestad ASA primarily operates in Norway, focusing on the design, production, supply, and installation of heat-resistant materials. The company also maintains a significant presence in real estate, engaging in property development and management. Its portfolio includes the Agora Bytom, a shopping center located in Poland, boasting a gross area of 52,000 square meters with approximately 30,000 square meters available for tenancy, complemented by an 820-space parking garage. Another key asset is the Borgestad Business Park, offering around 20,000 square meters of rental space suitable for warehouses, manufacturing, and office purposes. Founded in 1904, Borgestad ASA's corporate headquarters are situated in Skien, Norway.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
NOK16.35
-0.20 (-1.21%)
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Volume Profile
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Liquidity & share structure
Average Volume
8.9K
Beta
-0.09
Float Shares
30.68M
Free Float %
87.5%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.25% | -3.07% | -5.95% | -13.19% | -8.93% | -17.92% | -7.60% | -1.37% | -86.76% | -95.43% | -95.61% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
16.35
DCF (Unlevered)
471.12
+2,781.5%
DCF (Levered)
561.29
+3,332.9%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
100% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
1.57
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Construction Materials: +2.8%-1.3% Q1'26: -2.4% (vs Q1'25)
-
EPS growth Construction Materials: +14.1%-103.4% Q1'26: -36.0% (vs Q1'25)
-
FCF margin FCF growth · Construction Materials: +32.9%-0.3% Q1'26: +2.0% (vs Q1'25)
-
EBIT margin Construction Materials: +9.5%+6.0% Q1'26: -7.1% (vs Q1'25)
-
ROIC Construction Materials: +5.1%+3.6% Q1'26: -5.4% (vs Q1'25)
-
Share dilution Construction Materials: +0.0%+0.1% Q1'26: -0.3% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Construction Materials: 0.56×4.55× Q1'26: -35.07× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2009 actual |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
19.38M
est: 22.33M (-13.2%)
|
11.40M
est: 12.18M (-6.4%)
|
10.56M
est: 12.18M (-13.3%)
|
10.34M
est: 8.12M (+27.3%)
|
693.72M
est: 416.15M (+66.7%)
|
729.46M
est: 747.00M (-2.3%)
|
765.53M
est: 778.90M (-1.7%)
|
778.61M
est: 796.00M (-2.2%)
|
791.34M
est: 783.80M (+1.0%)
|
889.02M
est: 921.60M (-3.5%)
|
838.94M
est: 862.00M (-2.7%)
|
883.26M
est: 928.00M (-4.8%)
|
918.77M
est: 941.40M (-2.4%)
|
1.11B
est: 1.12B (-1.2%)
|
1.14B
est: 1.17B (-2.3%)
|
1.13B
est: 1.13B (-0.1%)
|
1.12B
1.12B – 1.12B
-0.6% YoY
|
1.14B
1.14B – 1.14B
+2.2% YoY
|
1.17B
1.17B – 1.17B
+2.0% YoY
|
| EBITDA |
8.17M
est: 544.6K (+1,400.7%)
|
-20.80M
est: 291.2K (-7,243.6%)
|
-21.33M
est: 291.2K (-7,426.0%)
|
38.29M
est: -33.31M (+214.9%)
|
43.39M
est: 79.95M (-45.7%)
|
53.19M
est: 18.22M (+192.0%)
|
43.47M
est: 19.00M (+128.8%)
|
61.75M
est: 19.41M (+218.1%)
|
50.11M
est: 19.12M (+162.1%)
|
66.62M
est: -62.95M (+205.8%)
|
-70.03M
est: -63.87M (-9.7%)
|
74.48M
est: -65.95M (+212.9%)
|
-43.63M
est: -68.72M (+36.5%)
|
46.38M
est: -71.41M (+164.9%)
|
144.42M
est: 214.45M (-32.7%)
|
107.29M
est: 207.24M (-48.2%)
|
205.94M
205.94M – 205.94M
-0.6% YoY
|
210.40M
210.40M – 210.40M
+2.2% YoY
|
214.60M
214.60M – 214.60M
+2.0% YoY
|
| EBIT |
268.0K
est: -254.9K (+205.1%)
|
-22.69M
est: -136.3K (-16,546.4%)
|
-23.28M
est: -136.3K (-16,977.1%)
|
12.08M
est: -13.40M (+190.1%)
|
19.94M
est: -1.10B (+101.8%)
|
27.86M
est: -2.01B (+101.4%)
|
32.62M
est: -8.89M (+466.8%)
|
73.59M
est: -9.09M (+909.9%)
|
21.17M
est: -8.95M (+336.7%)
|
28.66M
est: 26.30M (+9.0%)
|
-109.92M
est: 27.79M (-495.6%)
|
12.69M
est: 28.69M (-55.8%)
|
-76.89M
est: 29.90M (-357.2%)
|
14.63M
est: 31.07M (-52.9%)
|
109.69M
est: 178.32M (-38.5%)
|
67.46M
est: 172.33M (-60.9%)
|
171.24M
171.24M – 171.24M
-0.6% YoY
|
174.95M
174.95M – 174.95M
+2.2% YoY
|
178.44M
178.44M – 178.44M
+2.0% YoY
|
| Net Income |
331.0K
est: 293.68M (-99.9%)
|
-37.59M
est: -205.84M (+81.7%)
|
-42.36M
est: -369.42M (+88.5%)
|
-20.06M
est: -76.92M (+73.9%)
|
9.46M
est: -1.03B (+100.9%)
|
-24.52M
est: -1.88B (+98.7%)
|
-60.81M
est: -1.26B (+95.2%)
|
12.62M
est: -625.84M (+102.0%)
|
3.22M
est: -1.51B (+100.2%)
|
-61.57M
est: 3.63M (-1,795.0%)
|
-165.51M
est: -59.68M (-177.3%)
|
-24.08M
est: -61.63M (+60.9%)
|
-124.81M
est: -64.22M (-94.4%)
|
-78.28M
est: -66.74M (-17.3%)
|
45.23M
est: 31.76M (+42.4%)
|
-1.55M
est: 13.16M (-111.8%)
|
31.93M
31.93M – 31.93M
+142.7% YoY
|
50.53M
50.53M – 50.53M
+58.2% YoY
|
55.09M
55.09M – 55.09M
+9.0% YoY
|
| SGA |
—
est: 3.52M (-100.0%)
|
—
est: 1.88M (-100.0%)
|
—
est: 1.92M (-100.0%)
|
—
est: 1.28M (-100.0%)
|
191.41M
est: 65.65M (+191.6%)
|
173.60M
est: 117.84M (+47.3%)
|
87.05M
est: 122.87M (-29.2%)
|
97.98M
est: 125.57M (-22.0%)
|
100.23M
est: 123.64M (-18.9%)
|
116.09M
est: 310.33M (-62.6%)
|
98.94M
est: 295.15M (-66.5%)
|
103.36M
est: 304.78M (-66.1%)
|
140.26M
est: 317.56M (-55.8%)
|
347.11M
est: 330.03M (+5.2%)
|
99.57M
est: 156.54M (-36.4%)
|
—
est: 151.28M (-100.0%)
|
150.32M
150.32M – 150.32M
-0.6% YoY
|
153.58M
153.58M – 153.58M
+2.2% YoY
|
156.64M
156.64M – 156.64M
+2.0% YoY
|
| EPS |
0.13
est: 8.38 (-98.4%)
|
-14.53
est: -5.84 (-148.7%)
|
-16.45
est: -10.48 (-56.9%)
|
-7.57
est: -3.69 (-105.1%)
|
2.36
est: -4.38 (+153.9%)
|
-5.45
est: -32.65 (+83.3%)
|
-103.81
est: -35.99 (-188.5%)
|
21.53
est: -17.85 (+220.6%)
|
5.48
est: -42.99 (+112.7%)
|
-78.23
est: -6.31 (-1,139.8%)
|
-111.00
est: -86.21 (-28.8%)
|
-16.14
est: -0.51 (-3,054.7%)
|
-12.01
est: -11.38 (-5.5%)
|
-9.21
est: -1.20 (-667.5%)
|
1.29
est: 0.91 (+42.5%)
|
-0.04
est: 0.38 (-111.8%)
|
0.91
0.91 – 0.91
+142.7% YoY
|
1.44
1.44 – 1.44
+58.2% YoY
|
1.57
1.57 – 1.57
+9.0% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-22 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-21 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-20 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-19 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-18 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-15 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-13 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-12 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-11 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-08 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-07 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-06 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-05 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-05-04 | C | 2/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 4/5 |
| 2026-04-30 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-29 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-28 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-27 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-24 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-23 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-22 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-21 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-20 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-17 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-16 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
49.40M
OE per share TTM
1.20
Owner's Yield
8.92%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
11.8%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
252.7K
Shares Outstanding
35.06M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Pal Feen Larsen | Chief Executive Officer | 4M | male |
| Egil Friestad | Group President and Segment Manager | 3M | male |
| Frode Martinussen | Chief Executive Officer of Segment Refractory | 2M | male |
| Bendik Persch Andersen | CEO of Höganäs Borgestad Group & Refractory Segment | 1M | male |
| Eldar Myren | Group Controller | — | — |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for BOR.OL
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
