2026 Q1 -tulosraportti
19 päivää sitten
‧47 min
2,15 NOK/osake
Viimeisin osinko
2,29%Tuotto/v
Tarjoustasot
Oslo Børs
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 939 | - | - | ||
| 569 | - | - | ||
| 18 | - | - | ||
| 401 | - | - | ||
| 1 638 | - | - |
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 17.7. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 24.4. | ||
2025 Q4 -tulosraportti 13.2. | ||
2025 Q3 -tulosraportti 17.10.2025 | ||
2025 Q2 -tulosraportti 17.7.2025 | ||
2025 Q1 -tulosraportti 7.5.2025 |
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
·14 t sittenHandelsbanken downgrades to sell, price target 90, then it's just to buy !!
·4 t sittenI'll see it on Friday, if it falls further then I'll buy. It probably will with this message. Then it's just to buy :) I believe their main reason for the result is terrible prices in Poland and plastic that has fallen in price. I believe the plastic price will turn around, and will make recycling profitable - in addition, they will enter other countries that will probably pay more for a deposit scheme than Poland has been willing to. Disregard Moldova, I don't think they'll get a large share there unless they dump
·1 päivä sittenIs it only when large orders from the EU materialize that the repricing occurs? Strange that some express a doomsday mood :-)
·2 päivää sitten · MuokattuToday's PE is lowest since 2016; Barclays: 150.00 NOK (Buy) • Kepler Cheuvreux: 136.00 NOK (Buy) • Nordea: 130.00 NOK (Buy) • Arctic Securities: 130.00 NOK (Buy) • Clarksons Platou: 125.00 NOK (Buy)
·2 päivää sittenBased on my own valuation analysis of Tomra Systems ASA, using 2024 figures as a starting point, I estimate a fair share price of approximately 73.26 kroner. This valuation is based on an expected annual growth of 4–5 % going forward, as well as a terminal growth of 3 %. The latter reflects a conservative view, where the company cannot grow faster than the underlying market in the long term. When I adjust the perspective with actual developments into 2025, this assumption appears somewhat optimistic. Historically, the company has shown strong growth, with an increase in earnings of 21.07 % from 2022 to 2023, followed by an additional 7.65 % growth in 2024. However, the trend reversed in 2025 with a decrease of 2.2 %, which indicates weaker underlying earnings and reduced momentum. This is also supported by weaker key figures in 2025, where both ROCE, ROE, and EPS fell compared to previous years. Such a development points towards pressured margins and a more challenging profitability situation going forward. Although I assume stable margins of around 60 % in the model, it is more realistic to expect some margin pressure given the observed development. In comparison: if I increase the growth assumptions to 10 % annually from 2025 to 2029, I get an estimated share value of 87.65 kroner. Even under such an aggressive and, in my opinion, unlikely growth scenario, the share still appears overpriced relative to the calculated value when it was traded around 146.6 kroner at the start of the analysis. The conclusion is therefore that the market at that time largely priced in a growth and profitability that is not compatible with the actual results and the observed development in 2025. My assessment is that this provides a clear indication of overvaluation, even under optimistic assumptions. I am open to counterarguments if there are aspects in the analysis that have been overlooked or misweighted.
·1 päivä sittenThe most important thing for me going forward is not "What did they earn in 2025?" Rather, how many new DRS markets are coming? How high will the recurring/service share be? Will Food and Recycling manage to lift margins? Will we get a new global ESG-/regulatory wave? That is why the stock has historically traded expensively. When the market loses faith in structural growth, the multiple falls tremendously. Not unlike what we have seen in recent years!! Incidentally, today's share price level of around 90–100 kroner is dramatically closer to conservative fair value than 146 kroner was at the moment you drafted the text, so you are surely buying at these levels. Ps: Are you assuming group margins of 60%? That would be strong🔥·1 päivä sitten · MuokattuI added a further gross margin of 60% as cogs has accounted for 40% over several years. The latest report showed cogs at 37% but an estimate of 60% is taken going forward due to thinking in averages (I think it will take a lot to keep those margienr up but oh well... Regardless that earnings fell, the gross margin became higher due to less revenue.- Poistettu·2 päivää sittenPoistettu·2 päivää sittenthis stock is deadPoistettu·2 päivää sittenPoistettu·2 päivää sittenwhat the hell are you talking about? you are truly Mispriced
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2026 Q1 -tulosraportti
19 päivää sitten
‧47 min
2,15 NOK/osake
Viimeisin osinko
2,29%Tuotto/v
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·14 t sittenHandelsbanken downgrades to sell, price target 90, then it's just to buy !!·4 t sittenI'll see it on Friday, if it falls further then I'll buy. It probably will with this message. Then it's just to buy :) I believe their main reason for the result is terrible prices in Poland and plastic that has fallen in price. I believe the plastic price will turn around, and will make recycling profitable - in addition, they will enter other countries that will probably pay more for a deposit scheme than Poland has been willing to. Disregard Moldova, I don't think they'll get a large share there unless they dump
- ·1 päivä sittenIs it only when large orders from the EU materialize that the repricing occurs? Strange that some express a doomsday mood :-)
- ·2 päivää sitten · MuokattuToday's PE is lowest since 2016; Barclays: 150.00 NOK (Buy) • Kepler Cheuvreux: 136.00 NOK (Buy) • Nordea: 130.00 NOK (Buy) • Arctic Securities: 130.00 NOK (Buy) • Clarksons Platou: 125.00 NOK (Buy)
- ·2 päivää sittenBased on my own valuation analysis of Tomra Systems ASA, using 2024 figures as a starting point, I estimate a fair share price of approximately 73.26 kroner. This valuation is based on an expected annual growth of 4–5 % going forward, as well as a terminal growth of 3 %. The latter reflects a conservative view, where the company cannot grow faster than the underlying market in the long term. When I adjust the perspective with actual developments into 2025, this assumption appears somewhat optimistic. Historically, the company has shown strong growth, with an increase in earnings of 21.07 % from 2022 to 2023, followed by an additional 7.65 % growth in 2024. However, the trend reversed in 2025 with a decrease of 2.2 %, which indicates weaker underlying earnings and reduced momentum. This is also supported by weaker key figures in 2025, where both ROCE, ROE, and EPS fell compared to previous years. Such a development points towards pressured margins and a more challenging profitability situation going forward. Although I assume stable margins of around 60 % in the model, it is more realistic to expect some margin pressure given the observed development. In comparison: if I increase the growth assumptions to 10 % annually from 2025 to 2029, I get an estimated share value of 87.65 kroner. Even under such an aggressive and, in my opinion, unlikely growth scenario, the share still appears overpriced relative to the calculated value when it was traded around 146.6 kroner at the start of the analysis. The conclusion is therefore that the market at that time largely priced in a growth and profitability that is not compatible with the actual results and the observed development in 2025. My assessment is that this provides a clear indication of overvaluation, even under optimistic assumptions. I am open to counterarguments if there are aspects in the analysis that have been overlooked or misweighted.·1 päivä sittenThe most important thing for me going forward is not "What did they earn in 2025?" Rather, how many new DRS markets are coming? How high will the recurring/service share be? Will Food and Recycling manage to lift margins? Will we get a new global ESG-/regulatory wave? That is why the stock has historically traded expensively. When the market loses faith in structural growth, the multiple falls tremendously. Not unlike what we have seen in recent years!! Incidentally, today's share price level of around 90–100 kroner is dramatically closer to conservative fair value than 146 kroner was at the moment you drafted the text, so you are surely buying at these levels. Ps: Are you assuming group margins of 60%? That would be strong🔥·1 päivä sitten · MuokattuI added a further gross margin of 60% as cogs has accounted for 40% over several years. The latest report showed cogs at 37% but an estimate of 60% is taken going forward due to thinking in averages (I think it will take a lot to keep those margienr up but oh well... Regardless that earnings fell, the gross margin became higher due to less revenue.
- Poistettu·2 päivää sittenPoistettu·2 päivää sittenthis stock is deadPoistettu·2 päivää sittenPoistettu·2 päivää sittenwhat the hell are you talking about? you are truly Mispriced
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 939 | - | - | ||
| 569 | - | - | ||
| 18 | - | - | ||
| 401 | - | - | ||
| 1 638 | - | - |
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 17.7. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 24.4. | ||
2025 Q4 -tulosraportti 13.2. | ||
2025 Q3 -tulosraportti 17.10.2025 | ||
2025 Q2 -tulosraportti 17.7.2025 | ||
2025 Q1 -tulosraportti 7.5.2025 |
2026 Q1 -tulosraportti
19 päivää sitten
‧47 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 17.7. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 24.4. | ||
2025 Q4 -tulosraportti 13.2. | ||
2025 Q3 -tulosraportti 17.10.2025 | ||
2025 Q2 -tulosraportti 17.7.2025 | ||
2025 Q1 -tulosraportti 7.5.2025 |
2,15 NOK/osake
Viimeisin osinko
2,29%Tuotto/v
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·14 t sittenHandelsbanken downgrades to sell, price target 90, then it's just to buy !!·4 t sittenI'll see it on Friday, if it falls further then I'll buy. It probably will with this message. Then it's just to buy :) I believe their main reason for the result is terrible prices in Poland and plastic that has fallen in price. I believe the plastic price will turn around, and will make recycling profitable - in addition, they will enter other countries that will probably pay more for a deposit scheme than Poland has been willing to. Disregard Moldova, I don't think they'll get a large share there unless they dump
- ·1 päivä sittenIs it only when large orders from the EU materialize that the repricing occurs? Strange that some express a doomsday mood :-)
- ·2 päivää sitten · MuokattuToday's PE is lowest since 2016; Barclays: 150.00 NOK (Buy) • Kepler Cheuvreux: 136.00 NOK (Buy) • Nordea: 130.00 NOK (Buy) • Arctic Securities: 130.00 NOK (Buy) • Clarksons Platou: 125.00 NOK (Buy)
- ·2 päivää sittenBased on my own valuation analysis of Tomra Systems ASA, using 2024 figures as a starting point, I estimate a fair share price of approximately 73.26 kroner. This valuation is based on an expected annual growth of 4–5 % going forward, as well as a terminal growth of 3 %. The latter reflects a conservative view, where the company cannot grow faster than the underlying market in the long term. When I adjust the perspective with actual developments into 2025, this assumption appears somewhat optimistic. Historically, the company has shown strong growth, with an increase in earnings of 21.07 % from 2022 to 2023, followed by an additional 7.65 % growth in 2024. However, the trend reversed in 2025 with a decrease of 2.2 %, which indicates weaker underlying earnings and reduced momentum. This is also supported by weaker key figures in 2025, where both ROCE, ROE, and EPS fell compared to previous years. Such a development points towards pressured margins and a more challenging profitability situation going forward. Although I assume stable margins of around 60 % in the model, it is more realistic to expect some margin pressure given the observed development. In comparison: if I increase the growth assumptions to 10 % annually from 2025 to 2029, I get an estimated share value of 87.65 kroner. Even under such an aggressive and, in my opinion, unlikely growth scenario, the share still appears overpriced relative to the calculated value when it was traded around 146.6 kroner at the start of the analysis. The conclusion is therefore that the market at that time largely priced in a growth and profitability that is not compatible with the actual results and the observed development in 2025. My assessment is that this provides a clear indication of overvaluation, even under optimistic assumptions. I am open to counterarguments if there are aspects in the analysis that have been overlooked or misweighted.·1 päivä sittenThe most important thing for me going forward is not "What did they earn in 2025?" Rather, how many new DRS markets are coming? How high will the recurring/service share be? Will Food and Recycling manage to lift margins? Will we get a new global ESG-/regulatory wave? That is why the stock has historically traded expensively. When the market loses faith in structural growth, the multiple falls tremendously. Not unlike what we have seen in recent years!! Incidentally, today's share price level of around 90–100 kroner is dramatically closer to conservative fair value than 146 kroner was at the moment you drafted the text, so you are surely buying at these levels. Ps: Are you assuming group margins of 60%? That would be strong🔥·1 päivä sitten · MuokattuI added a further gross margin of 60% as cogs has accounted for 40% over several years. The latest report showed cogs at 37% but an estimate of 60% is taken going forward due to thinking in averages (I think it will take a lot to keep those margienr up but oh well... Regardless that earnings fell, the gross margin became higher due to less revenue.
- Poistettu·2 päivää sittenPoistettu·2 päivää sittenthis stock is deadPoistettu·2 päivää sittenPoistettu·2 päivää sittenwhat the hell are you talking about? you are truly Mispriced
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 939 | - | - | ||
| 569 | - | - | ||
| 18 | - | - | ||
| 401 | - | - | ||
| 1 638 | - | - |
Välittäjätilasto
Dataa ei löytynyt