Western Bulk Chartering AS (WEST.OL)
Oslo, NO
Western Bulk Chartering AS, alongside its affiliated entities, operates as a specialized dry bulk shipping enterprise. The company engages in the chartering and operation of dry bulk carriers, facilitating the worldwide movement of a wide array of commodities including minerals, timber, cement, bauxite, steel goods, grains, and coal. Its active fleet comprises between 110 and 150 vessels, all sourced through charter agreements, incorporating both short-term voyage charters and longer-term period charters. With operations spanning key global regions such as the Far East, Europe, India, North America, South America, Africa, and the Middle East, the firm demonstrates a broad geographical reach. Established in 1982, its corporate headquarters are located in Oslo, Norway. Kistefos AS is the parent company of Western Bulk Chartering AS.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.98% | -0.96% | +2.48% | +1.97% | +25.84% | +20.35% | +55.64% | -35.71% | -37.84% | -37.84% | -37.84% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Marine Shipping: +2.8%-15.7% Q4'25: +73.5% (vs Q3'24)
-
EPS growth Marine Shipping: -1.4%+295.8% ★ Q4'25: +382.8% (vs Q3'24)
-
FCF margin FCF growth · Marine Shipping: +26.4%+0.1% Q4'25: +0.3% (vs Q3'24)
-
EBIT margin Marine Shipping: +23.2%+0.3% Q4'25: +0.8% (vs Q3'24)
-
ROIC Marine Shipping: +6.9%+16.7% ★ Q4'25: +104.4% (vs Q3'24)
-
Share dilution Marine Shipping: +0.0%+0.0% Q4'25: 0.0% (vs Q3'24)
-
Debt / EBITDA Net debt/EBITDA · Marine Shipping: 1.05×0.00× ★ Q4'25: 0.00× (vs Q3'24)
* 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.
| Metric |
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 |
1.62B
est: 1.62B (-0.5%)
|
1.12B
est: 1.15B (-2.6%)
|
1.27B
est: 1.26B (+1.1%)
|
1.07B
est: 1.01B (+5.8%)
|
1.12B
1.12B – 1.12B
+10.4% YoY
|
1.22B
1.22B – 1.22B
+9.3% YoY
|
1.22B
1.22B – 1.22B
+0.2% YoY
|
| EBITDA |
64.62M
est: 24.44M (+164.4%)
|
-13.70M
est: 17.27M (-179.3%)
|
-680.0K
est: 18.19M (-103.7%)
|
3.08M
est: 14.64M (-78.9%)
|
16.16M
16.16M – 16.16M
+10.4% YoY
|
17.66M
17.66M – 17.66M
+9.3% YoY
|
17.69M
17.69M – 17.69M
+0.2% YoY
|
| EBIT |
64.57M
est: 24.18M (+167.0%)
|
-13.84M
est: 17.09M (-181.0%)
|
-851.0K
est: 18.03M (-104.7%)
|
2.89M
est: 14.51M (-80.1%)
|
16.02M
16.02M – 16.02M
+10.4% YoY
|
17.51M
17.51M – 17.51M
+9.3% YoY
|
17.54M
17.54M – 17.54M
+0.2% YoY
|
| Net Income |
65.98M
est: 57.97M (+13.8%)
|
-15.62M
est: -15.22M (-2.7%)
|
-2.75M
est: 2.69M (-202.2%)
|
5.53M
est: -2.69M (+305.7%)
|
10.55M
10.55M – 10.55M
+492.2% YoY
|
15.66M
15.66M – 15.66M
+48.5% YoY
|
15.66M
15.66M – 15.66M
+0.0% YoY
|
| SGA |
7.98M
est: 14.69M (-45.7%)
|
8.53M
est: 10.38M (-17.8%)
|
26.60M
est: 13.60M (+95.6%)
|
18.35M
est: 10.95M (+67.7%)
|
12.08M
12.08M – 12.08M
+10.4% YoY
|
13.21M
13.21M – 13.21M
+9.3% YoY
|
13.23M
13.23M – 13.23M
+0.2% YoY
|
| EPS |
1.96
est: 1.72 (+13.7%)
|
-0.46
est: -0.45 (-1.6%)
|
-0.08
est: 0.08 (-202.1%)
|
0.16
est: -0.08 (+300.0%)
|
0.31
0.31 – 0.31
+492.2% YoY
|
0.47
0.47 – 0.47
+48.5% YoY
|
0.47
0.47 – 0.47
+0.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-28 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-27 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-26 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-22 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-21 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-20 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-19 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-18 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-15 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-13 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-12 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-11 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-08 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-07 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-06 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-05 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-05-04 | A- | 4/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-30 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-29 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-28 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-27 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-24 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-23 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-22 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-21 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-20 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-17 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
| 2026-04-16 | B+ | 3/5 | 5/5 | 2/5 | 4/5 | 1/5 | 3/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Torbjoern Gjervik | Group Chief Executive Officer | 4M | male |
| Amit Jakhmola | Head of the Indian Ocean desk | — | male |
| Joachim Frantsen | Head of the North Atlantic desk | — | male |
| Kenneth Thu | Chief Financial Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for WEST.OL
Short-term intention
Target Price Distribution
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