Santierul Naval Orsova S.A.

SNO

Santierul Naval Orsova S.A. engages in the construction of river ships and floating structures in Romania.The company produces chemical tankers, container ships, gas tankers, salanda vessels, push-com...

Website | Ship And Boat Building And Repairing | Other

Automated Financial Analysis

🤵

Financial Advisor Insight

"Current valuation levels are elevated, suggesting the price may be ahead of fundamentals. Technicals confirm a positive long-term trend, supported by moving averages."

Sentiment: Neutral Action: Hold

"Company demonstrates strong financial health with positive growth and stability indicators."

Overvalued based on PE (Current: 48.1 vs Fair: 15).
Bullish Trend (SMA50 > SMA200).
Forecast: Continued Revenue Growth (~6.1% next year).

Technical Analysis

Trend Bullish (Long Term)
Last Cross
Golden Cross (1 year ago)
RSI (14) 37.5
SMA 50 27.73
SMA 200 15.71

Price Valuation

Current Price 25.00
Fair Value (PE 15) 7.80
Overvalued 69%
Graham Number 9.48
Downside 62%

Forecast

Rev Forecast (Next Yr) 99M
Growth Forecast 6.1%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
0.05
Less Volatile than Market
Correlation
0.01
Moves with Market
Relative Strength (1Y)
148.39%
vs Benchmark
Index Returns (1Y)
47.6%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
SNO 320.2% 434.2% 197.6% 210.6% 177.8% 30.9% -6.0% 0.0%
BET - 121.3% 47.6% 30.0% 13.9% -6.8% -7.5% 0.2%
Alpha (Diff) - +312.9% +150.0% +180.5% +163.9% +37.7% +1.5% -0.2%

Financial Reports

Price Chart

Evoluție Istorică (Fundamente)

Cum au evoluat metricile cheie an de an - ca să vezi dacă SNO crește, stagnează sau se deteriorează, nu doar cum arată azi.

Indicator 2021 2022 2023 2024 2025 2026 TTM 2026 TTM Tendință
P/E Ratio ⓘ — — 17.86 13.76 10.49 27.32 19.09 ▼ +1.23
ROE ⓘ -0.17% -5.06% 4.33% 7.02% 9.61% 13.59% 16.76% ▲ +16.93%
Randament Dividend ⓘ 12.31% — 11.80% 7.98% 8.69% 1.65% 2.66% ▼ -9.65%
Datorie / Capital Propriu ⓘ 0.02 0.02 — 0.04 0.03 0.05 0.03 ▼ +0.01

Precizie Prognoză (Istoric)

Cât de aproape au fost estimările trecute de creștere/valoare justă față de ce s-a întâmplat de fapt.

Colectăm date din 15.08.2026 - prima comparație va fi posibilă din 2025, când apare raportul anual real pentru acel an.

ETAPA 1 • MUST HAVE

5/8
Healthy Leverage (Debt/Equity) ⓘ
0.04 țintă < 1.5
▲
Gross Margin vs Industry ⓘ
62.8% vs 50.3% țintă > 50.3%
▲
Operating Cash Flow vs Profit ⓘ
113% țintă > 100%
▼
Free Cash Flow vs Profit ⓘ
-30% țintă > 80%
▼
ROIC (Return on Capital) ⓘ
4.80% țintă Positive
▲
ROIC vs WACC ⓘ
ROIC: 4.8% / WACC: 5.8% țintă > WACC
▲
ROE (Return on Equity) ⓘ
7.0% țintă > 10%
▲
EBITDA Positive ⓘ
12.68M țintă > 0
▲

ETAPA 2 • CRITERII

7/12
Interest Coverage ⓘ
97.6x țintă > 3x
▲
Passed
Net Margin vs Industry ⓘ
6.3% țintă > 26.8%
▼
Miss
ROA vs Industry ⓘ
3.9% țintă > 4.2%
▲
Miss
Current Ratio ⓘ
3.74 țintă > 1.5
▼
Passed
Assets Growth (5y) ⓘ
0.8% CAGR țintă > 0%
▲
Passed
FCF CAGR (5y) ⓘ
N/A țintă > 5%
▼
N/A
EV/EBITDA vs Industry ⓘ
4.1 vs 21.9 țintă < Industry
▲
Passed
Net Debt / EBITDA ⓘ
0.27 țintă < 3
▲
Passed
Revenue CAGR (5y) ⓘ
7.6% țintă > 5%
▲
Passed
Quick Ratio ⓘ
1.54 țintă > 1.0
▼
Passed
Payout Ratio (Dividend) ⓘ
99.9% țintă < 80%
▲
Miss
EBITDA Margin vs Industry ⓘ
13.5% vs 27.9% țintă > 27.9%
▲
Miss

SNAPSHOT COMPANIE

HOLD 63% încredere
Etapa 1: 63% • Etapa 2: 64%
Semnal algoritmic bazat pe fundamentale, nu recomandare de investiție.
Capitalizare ⓘ
0.29B RON
EBITDA ⓘ
12.68M
P/E Ratio ⓘ
48.11
PEG Ratio ⓘ
6.37
Dividend Yield ⓘ
0.00%
Beta ⓘ
0.05
Valoare Intrinsecă (Graham) vs. Preț Curent ⓘ
Preț Curent 25.00 RON
Valoare Graham 9.48 RON
Supraevaluare 62.1%

financial report

Annual Data
Metric TTM TTM 2025 2024 2023
Fiscal Year 2,026 2,026 2,025 2,024 2,023
Fiscal Quarter Q2 Q1 Q4 Q4 Q4
Marketcap 287,857,559 354,110,489 91,954,498 81,673,871 61,683,763
Enterprise Value 260,760,848 317,330,859 71,321,807 51,519,500 48,336,932
Last Close Ratios 2,520.00% 3,100.00% 770.86% 639.04% 449.19%
Pe 19.09 27.32 10.49 13.76 17.86
PS Ratio 2.29 2.87 0.78 0.87 0.64
PB Ratio 2.97 3.53 0.97 0.93 0.76
P/TBV Ratio 2.97 3.53 0.97 0.93 0.76
P/FCF Ratio 112.37 33.12 8.12 - 9.28
P/OCF Ratio 45.09 25.14 6.35 12.12 6.10
Evrevenue 2.07 2.58 0.61 0.55 0.50
EV/EBITDA Ratio 12.33 17.13 5.05 4.06 5.66
EV/EBIT Ratio 16.66 24.74 7.96 7.77 13.54
EV/FCF Ratio 101.79 29.68 6.30 - 7.28
Debtequity 0.03 0.05 0.03 0.04 -
Debt / EBITDA Ratio 0.13 0.25 0.20 0.25 -
Debt / FCF Ratio 1.04 0.44 0.27 - -
Net Debt / Equity Ratio -0.28 -0.37 -0.29 -0.24 -0.23
Net Debt / EBITDA Ratio -1.33 -2.07 -1.91 -1.67 -2.16
Net Debt / FCF Ratio -10.58 -3.44 -2.39 11.99 -2.78
Asset Turnover 105.40% 96.90% 97.60% 88.10% 93.90%
Inventory Turnover 101.10% 104.40% 120.60% 106.20% 114.70%
Quick Ratio 1.99 2.13 1.95 1.54 2.07
Current Ratio 3.48 3.30 3.09 3.74 4.10
Roe 16.76% 13.59% 9.61% 7.02% 4.33%
Return on Assets (ROA) 8.19% 6.31% 4.66% 3.90% 2.17%
Return on Invested Capital (ROIC) 18.72% 15.41% 11.23% 8.05% 4.90%
Return on Capital Employed (ROCE) 0.15 0.12 0.09 0.07 0.04
Earningsyield 5.29% 3.63% 9.53% 7.27% 5.60%
FCF Yield 0.89% 3.02% 12.31% -2.16% 10.77%
Dividend Yield 2.66% 1.65% 8.69% 7.98% 11.80%
Payout Ratio 49.96% 46.25% 67.83% 99.89% 2.51%
Totalreturn 1.03% 4.05% 8.69% 7.98% 11.80%

Balance Sheet

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Cash & Equivalents 7,310,372 10,955,209 11,943,703 8,852,408 14,365,368
Short-Term Investments 15,563,005 13,514,382 6,495,815 3,485,023 3,087,107
Totalcash 22,873,377 24,469,591 18,439,518 12,337,431 17,452,475
Cash Growth -31.76% 32.70% 49.46% -29.31% -49.68%
Accounts Receivable 5,615,170 1,522,308 11,428,198 1,450,140 19,652,139
Other Receivables - 876,893 192,028 306,221 232,146
Receivables 5,615,170 2,399,201 11,620,226 1,756,361 19,884,285
Inventory 42,590,702 36,479,637 28,967,886 50,813,700 22,400,725
Prepaid Expenses - - - - -
Other Current Assets 395,940 1,926,214 623,665 392,920 612,008
Assetsc 71,475,189 65,274,643 59,651,295 65,300,412 60,349,493
Property, Plant & Equipment 44,669,566 46,989,915 39,356,377 39,869,160 42,093,207
Other Intangible Assets 16,282 41,677 81,164 27,779 20,138
Long-Term Accounts Receivable 222,819 160,624 6,000 8,956 541,401
Other Long-Term Assets - - 606,447 596,638 522,236
Assets 116,398,921 112,635,715 99,806,115 105,918,714 103,606,604
Accounts Payable 2,376,987 1,472,791 2,290,067 2,388,707 2,525,444
Accrued Expenses 1,639,244 2,570,740 1,867,113 1,828,049 1,835,723
Short-Term Debt - - - - -
Current Portion of Leases - 624,068 - 634,972 568,917
Current Unearned Revenue 11,844 317,980 950 2,375 3,408,989
Other Current Liabilities 19,808,514 12,489,899 10,382,812 18,492,887 1,100,911
Total Current Liabilities 23,836,589 17,475,478 14,540,942 23,346,990 9,439,984
Long-Term Leases 2,240,690 2,736,018 - 505,079 1,023,377
Long-Term Deferred Tax Liabilities 4,256,003 4,513,190 3,775,937 4,031,923 4,352,333
Other Long-Term Liabilities 251,107 168,626 60,040 50,750 24,483
Total Liabilities 30,584,389 24,893,312 18,376,919 27,934,742 14,840,177
Common Stock 28,557,298 28,557,298 28,557,298 28,557,298 28,557,298
Additional Paid-In Capital 8,862,843 8,862,843 8,862,843 8,862,843 8,862,843
Retained Earnings 5,085,305 7,381,014 605,655 -3,322,897 787,584
Comprehensive Income & Other 43,309,086 42,941,248 43,403,400 43,886,728 50,558,702
Equity 85,814,532 87,742,403 81,429,196 77,983,972 88,766,427
Total Liabilities & Equity 116,398,921 112,635,715 99,806,115 105,918,714 103,606,604
Filing Date Shares Outstanding 11,422,919 11,422,919 11,422,919 11,422,919 11,422,919
Total Common Shares Outstanding 11,422,919 11,422,919 11,422,919 11,422,919 11,422,919
Book Value Per Share 7.51 7.68 7.13 6.83 7.77
Tangible Book Value 85,798,250 87,700,726 81,348,032 77,956,193 88,746,289
Tangible Book Value Per Share 7.51 7.68 7.12 6.82 7.77
Total Debt 2,240,690 3,360,086 - 1,140,051 1,592,294
Net Cash (Debt) 20,632,687 21,109,505 18,439,518 11,197,380 15,860,181
Net Cash Growth -31.58% 14.48% 64.68% -29.40% -54.27%
Netcashpershare 1.82 1.85 1.61 0.98 1.39
Working Capital 47,638,600 47,799,165 45,110,353 41,953,422 50,909,509
Land 23,547,906 23,088,673 23,081,953 1,201,941 1,201,941
Buildings - - - 21,880,028 20,060,165
Machinery 59,397,463 58,393,105 62,146,610 58,795,471 56,544,493
Construction In Progress 3,213,045 3,080,295 1,402,835 1,220,026 3,564,578
Long-Term Deferred Tax Assets 15,065 168,856 104,832 115,769 80,129

Cash Flow Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Net Income 3,955,712 5,936,340 3,453,687 -4,215,117 -153,870
Depreciation & Amortization 5,568,754 6,712,393 5,634,656 4,346,222 4,840,534
Loss (Gain) From Sale of Assets -1,129,119 21,996 5,390 71,587 154,293
Asset Writedown & Restructuring Costs -288,824 -288,824 - - -
Change in Accounts Receivable 3,808,352 8,809,177 -10,078,401 18,493,726 -18,942,002
Change in Inventory -11,272,273 -8,674,064 21,794,247 -28,328,550 14,509,467
Change in Accounts Payable -7,982,745 -6,238,469 -9,842,736 12,111,488 170,991
Change in Other Net Operating Assets 13,766 -25,848 7,627 3,790 -35,064
Other Operating Activities -2,168,675 484,626 -862,681 832,045 -2,506,254
Ncfo -9,495,052 6,737,327 10,111,789 3,315,191 -1,961,905
Ocf Growth - -33.37% 205.01% - -
Capex -5,007,422 -8,498,407 -3,467,615 -1,944,633 -3,583,458
Investment in Securities 4,933,211 -7,018,567 -3,010,792 -397,916 770,502
Other Investing Activities 599,879 809,698 179,434 34,742 22,807
Ncfi 2,271,094 -12,961,850 -6,298,973 -2,307,807 -2,790,149
Short-Term Debt Issued - - - - -
Total Debt Issued - - - - -
Short-Term Debt Repaid - - - - -
Long-Term Debt Repaid - -693,473 -634,972 -568,917 -525,239
Total Debt Repaid 1,845,795 -693,473 -634,972 -568,917 -525,239
Net Debt Issued (Repaid) 1,845,795 -693,473 -634,972 -568,917 -525,239
Common Dividends Paid -11,796,870 -5,929,502 -86,549 -5,951,427 -11,182,612
Other Financing Activities 6,016,954 11,859,004 - - -
Financing Cash Flow -3,934,121 5,236,029 -721,521 -6,520,344 -11,707,851
Net Cash Flow -11,158,079 -988,494 3,091,295 -5,512,960 -16,459,905
Free Cash Flow -14,502,474 -1,761,080 6,644,174 1,370,558 -5,545,363
Free Cash Flow Growth - - 384.78% - -
Fcf Margin -15.30% -1.88% 6.88% 2.39% -7.56%
Fcfps -1.28 -0.15 0.58 0.12 -0.49
Levered Free Cash Flow -3,346,800 5,031,001 7,942,508 3,189,865 -4,578,701
Unlevered Free Cash Flow -3,218,326 5,073,431 7,978,476 3,206,521 -4,556,387
Cash Interest Paid 204,709 67,889 57,548 26,650 35,702
Cash Income Tax Paid 3,470,681 1,570,326 373,953 13,671 659,905
Change Working Capital -15,432,900 -6,129,204 1,880,737 2,280,454 -4,296,608
Sale of Property, Plant & Equipment 1,745,426 1,745,426 - - -
Miscellaneous Cash Flow Adjustments - - - - -

Income Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Revenue 94,820,008 93,582,437 96,632,014 57,269,884 73,328,989
Revenue Growth 12.67% -3.16% 68.73% -21.90% 4.85%
Cost of Revenue 33,990,595 34,767,028 45,766,103 24,188,294 29,674,594
Gp 60,829,413 58,815,409 50,865,911 33,081,590 43,654,395
Selling, General & Admin 37,731,827 34,844,176 30,445,810 24,299,560 29,701,653
Other Operating Expenses 14,248,157 10,887,253 11,117,460 9,553,856 9,457,926
Operating Expenses 57,748,795 52,187,806 47,295,820 37,833,680 43,795,590
Operating Income 3,080,618 6,627,603 3,570,091 -4,752,090 -141,195
Interest Expense -205,559 -67,888 -57,548 -26,649 -35,702
Interest & Investment Income 669,200 844,344 196,607 53,579 25,232
Currency Exchange Gain (Loss) 509,884 159,752 177,937 506,928 567,710
Other Non Operating Income (Expenses) - - - 56,116 115,122
EBT Excluding Unusual Items 4,054,143 7,563,811 3,887,087 -4,162,116 531,167
Gain (Loss) on Sale of Assets 1,129,119 -21,996 -5,390 -71,587 -20,328
Asset Writedown - - - - -
Pretax Income 5,183,262 7,541,815 3,881,697 -4,233,703 510,839
Income Tax Expense 1,227,550 1,605,475 428,010 -18,586 664,709
Net Income 3,955,712 5,936,340 3,453,687 -4,215,117 -153,870
Net Income to Common 3,955,712 5,936,340 3,453,687 -4,215,117 -153,870
Net Income Growth -22.29% 71.88% - - -
Shares Basic 11,351,680 11,422,919 11,422,919 11,422,919 11,422,919
Shares Outstanding (Diluted) 11,351,680 11,422,919 11,422,919 11,422,919 11,422,919
Eps Basic 0.35 0.52 0.30 -0.37 -0.01
EPS (Diluted) 0.35 0.52 0.30 -0.37 -0.01
EPS Growth -20.94% 73.23% - - -
Free Cash Flow -14,502,474 -1,761,080 6,644,174 1,370,558 -5,545,363
Free Cash Flow Per Share -1.28 -0.15 0.58 0.12 -0.49
Dps - - 0.53 - 0.53
Dividend Growth - - - - 39.47%
Gross Margin 64.15% 62.85% 52.64% 57.76% 59.53%
Operating Margin 3.25% 7.08% 3.70% -8.30% -0.19%
Profit Margin 4.17% 6.34% 3.57% -7.36% -0.21%
Free Cash Flow Margin -15.30% -1.88% 6.88% 2.39% -7.56%
Effective Tax Rate 0.24 0.21 0.11 - 1.30
EBITDA 7,999,385 12,676,070 8,546,284 -973,127 4,165,744
D&A For EBITDA 4,918,767 6,048,467 4,976,193 3,778,963 4,306,939
EBITDA Margin 8.44% 13.54% 8.84% -1.70% 5.68%
EBIT 3,080,618 6,627,603 3,570,091 -4,752,090 -141,195
EBIT Margin 3.25% 7.08% 3.70% -8.30% -0.19%
Revenue as Reported 101,571,087 100,038,158 99,840,070 58,311,667 74,669,943
Legal Settlements - - - - -
Advertising Expenses - 40,351 37,809 29,737 36,087
Payoutratio 298.22% 99.89% 2.51% - -

Ratios and Metrics

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Marketcap 92,525,644 81,673,871 61,683,763 57,114,595 65,110,638
Market Cap Growth 14.89% 32.41% 8.00% -12.28% 52.41%
Enterprise Value 71,892,953 51,519,500 48,336,932 47,931,095 35,678,768
Last Close Ratios 810.00% 667.33% 469.08% 434.34% 449.50%
Pe 23.24 13.76 17.86 - -
PS Ratio 0.98 0.87 0.64 1.00 0.89
PB Ratio 1.08 0.93 0.76 0.73 0.73
P/TBV Ratio 1.08 0.93 0.76 0.73 0.73
P/FCF Ratio - - 9.28 41.67 -
P/OCF Ratio - 12.12 6.10 17.23 -
EV/Sales Ratio 0.76 0.55 0.50 0.84 0.49
EV/EBITDA Ratio 8.31 4.06 5.66 - 8.57
EV/EBIT Ratio 23.34 7.77 13.54 - -
EV/FCF Ratio -4.96 - 7.28 34.97 -
Debt / Equity Ratio 0.03 0.04 - 0.02 0.02
Debt / EBITDA Ratio 0.26 0.25 - - 0.34
Debt / FCF Ratio - - - 0.83 -
Asset Turnover 81.40% 88.10% 93.90% 54.70% 69.00%
Inventory Turnover 91.80% 106.20% 114.70% 66.10% 104.10%
Quick Ratio 1.20 1.54 2.07 0.60 3.96
Current Ratio 3.00 3.74 4.10 2.80 6.39
Roe 4.57% 7.02% 4.33% -5.06% -0.17%
Return on Assets (ROA) 1.65% 3.90% 2.17% -2.84% -0.08%
Return on Capital (ROIC) 2.16% 4.80% 2.78% -3.51% -0.09%
Return on Capital Employed (ROCE) 0.03 0.07 0.04 -0.06 0.00
Earningsyield 4.28% 7.27% 5.60% -7.38% -0.24%
FCF Yield -15.67% -2.16% 10.77% 2.40% -8.52%
Dividend Yield 6.54% - 11.30% - 11.79%
Payout Ratio 298.22% 99.89% 2.51% - -
Totalreturn 7.74% - 11.30% - 11.79%

Price History

Jan 12, 2016 — Sep 30, 2026 1825 Records
Date Open High Low Close Volume
2026-09-30 25.40 25.40 25.00 25.00 541
2026-09-29 25.00 25.60 25.00 25.00 598
2026-09-28 25.20 26.00 25.20 26.00 266
2026-09-27 25.80 25.80 25.20 25.20 20
2026-09-24 25.00 25.00 25.00 25.00 1,247
2026-09-23 25.00 25.00 25.00 25.00 838
2026-09-22 26.00 26.00 25.00 25.80 36
2026-09-21 25.00 26.00 25.00 26.00 1,445
2026-09-20 26.00 26.00 25.00 25.20 754
2026-09-17 25.20 26.00 25.00 26.00 395
2026-09-16 24.60 25.00 24.20 25.00 5,300
2026-09-15 25.00 26.00 24.60 25.80 60
2026-09-14 27.00 27.00 24.80 25.00 1,603
2026-09-13 27.00 27.60 25.80 27.00 1,513
2026-09-10 26.80 27.40 26.60 27.40 557
2026-09-09 26.00 26.80 25.80 26.60 708
2026-09-08 26.40 26.80 26.40 26.80 99
2026-09-07 25.20 26.60 25.20 26.60 147
2026-09-06 26.40 26.60 26.40 26.40 102
2026-09-03 26.40 26.40 26.40 26.40 6
2026-09-02 26.40 27.00 25.40 26.60 193
2026-09-01 25.40 25.40 24.20 24.80 1,018
2026-08-30 27.80 27.80 27.20 27.60 131
2026-08-27 27.40 28.00 27.40 27.80 10,700
2026-08-25 28.60 28.60 27.80 28.40 1,807
2026-08-24 29.00 29.20 28.40 28.60 1,315
2026-08-23 29.20 29.20 29.00 29.00 1,371
2026-08-20 28.00 29.20 28.00 29.00 1,061
2026-08-19 29.00 29.20 28.00 29.20 1,178
2026-08-18 29.00 29.00 28.00 28.20 594
2026-08-17 29.00 29.20 28.80 29.20 968
2026-08-16 29.00 29.00 28.40 29.00 430
2026-08-13 29.00 29.00 28.40 29.00 90
2026-08-12 29.00 29.00 28.40 29.00 665
2026-08-11 29.00 29.00 28.20 28.80 323
2026-08-10 28.60 29.00 28.60 29.00 358
2026-08-09 27.80 28.60 27.80 28.20 50
2026-08-06 28.60 28.60 27.80 28.60 307
2026-08-05 28.00 29.00 28.00 28.00 314
2026-08-04 27.60 28.80 27.60 28.00 1,175
2026-08-03 27.00 27.60 25.20 27.60 2,071
2026-08-02 27.00 27.00 26.40 27.00 955
2026-07-30 29.00 29.20 26.20 27.00 5,367
2026-07-29 30.00 31.00 27.80 30.60 5,270
2026-07-28 30.80 31.00 30.40 31.00 867
2026-07-27 32.20 32.20 31.00 31.40 1,950
2026-07-26 32.20 32.20 30.80 32.20 877
2026-07-23 32.00 32.20 32.00 32.20 623
2026-07-22 32.20 32.20 28.60 32.00 5,461
2026-07-21 31.60 32.20 31.60 32.20 1,687