Vow ASA (VOW)

Currency in NOK
2.92
-0.02(-0.68%)
Closed·
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Fair Value
Day's Range
2.903.00
52 wk Range
1.453.50
Key Statistics
Prev. Close
2.92
Open
3
Day's Range
2.9-3
52 wk Range
1.45-3.5
Volume
1.11M
Average Volume (3m)
2.01M
1-Year Change
45.2736%
Book Value / Share
0.68
Fair Value
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Fair Value Upside
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VOW Scorecardpro icon
Company’s Health
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Fair Price
Upside
Analysts Sentiment
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Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

Vow ASA News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Deutsche Bank
Buy105.00+3,495.89%115.00MaintainSep 29, 2026
HSBC
Buy115.00+3,838.36%127.00MaintainSep 24, 2026
Deutsche Bank
Buy115.00+3,838.36%-MaintainSep 21, 2026
Kepler Cheuvreux
Hold80.00+2,639.73%92.00DowngradeSep 21, 2026
Kepler Cheuvreux
Buy92.00+3,050.68%90.00MaintainSep 16, 2026

Vow ASA Earnings Call Summary for Q2/2026

  • Vow returned to profitability in Q2 2026 with NOK 12M pre-tax profit; revenue rose 11% to NOK 253M, adjusted EBITDA reached NOK 32M vs. -NOK 33M prior year.
  • Shares fell 4.7% to $2.25 despite improved results, as investors focused on liquidity pressures, delayed customer payments, and ongoing DNB refinancing process.
  • Maritime Solutions drove growth with NOK 131M revenue and NOK 1.5B backlog; Aftersales up 6% while Industrial Solutions declined NOK 13M year-over-year.
  • Company breached covenant due to quarter-end balance sheet metrics but received DNB waiver; management prioritizes completing refinancing without equity raise.
  • Management expects strong 2027 coverage with 27% of backlog allocated; cruise market remains robust while Industrial heat-treatment segment shows recovery signs.
Last Updated: 2026-08-19, 03:52 a/m
Read Full Transcript

Earnings

Latest Release
Aug 19, 2026
EPS / Forecast
0.02 / --
Revenue / Forecast
253M / 217M
EPS Revisions
Last 90 days

VOW Income Statement

Compare VOW to Peers and Sector

Metrics to compare
VOW
Peers
Sector
Relationship
P/E Ratio
−4.7x12.9x11.7x
PEG Ratio
−0.690.110.03
Price/Book
4.3x2.3x1.4x
Price / LTM Sales
0.8x0.8x1.2x
Upside (Analyst Target)
-39.1%31.1%
Fair Value Upside
Unlock25.0%9.1%Unlock

Vow ASA, together with its subsidiaries, produces, delivers, and maintains systems for processing and purifying wastewater, food waste, solid waste, and bio sludge in Norway, France, Poland, the United States, and Italy. It operates through Industrial Solutions, Maritime Solutions, and Aftersales segments. The Industrial Solutions segment designs and provides systems to valorise biomass residues and waste into renewable products, chemicals, and fossil free energy through pyrolysis solutions. The Maritime Solution segment provides Scanship's operations and delivers technological solutions for wastewater treatment, food waste processing, and waste management for the cruise industry. The Aftersales segment provides spare parts and consumables; and services on systems delivered to shipowners. In addition, the company offers Biogreen, a patented pyrolysis process for converting biomass, plastics, and waste into energy; and Safesteril, a patented sterilisation process for food, pharmaceutical ingredients, and chemical industries. Further, the company develops, designs, and fabricates industrial furnaces and equipment. It serves cruise and land-based industries. The company has a strategic partnership agreement with Repsol, S.A. The company was formerly known as Scanship Holding ASA and changed its name to VOW ASA in January 2020. Vow ASA was founded in 2011 and is headquartered in Oslo, Norway.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
7.79M2.68%22.74M
Other Institutional Investors
23.58M8.12%68.87M
Public Companies & Retail Investors
259.05M89.20%756.42M
Total
290.42M100.00%848.02M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
SpareBank 1 SMN4.75%13,800,84040,298
DNB Asset Management AS3.21%9,323,32827,224

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FAQ

What Is the Vow (VOW) Stock Price Today?

The Vow stock price today is 2.92 NOK.

What Stock Exchange Does Vow Trade On?

Vow is listed and trades on the Oslo Stock Exchange.

What Is the Stock Symbol for Vow?

The stock symbol for Vow is "VOW."

What Is the Vow Market Cap?

As of today, Vow market cap is 848.02M NOK.

What Is Vow's Earnings Per Share (TTM)?

The Vow EPS (TTM) is -0.67.

When Is the Next Vow Earnings Date?

Vow will release its next earnings report on Nov 18, 2026.

From a Technical Analysis Perspective, Is VOW a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Vow Stock Split?

Vow has split 0 times.

How Many Employees Does Vow Have?

Vow has 230 employees.

What is the current trading status of Vow (VOW)?

As of Oct 11, 2026, Vow (VOW) is trading at a price of 2.92 NOK, with a previous close of 2.92 NOK. The stock has fluctuated within a day range of 2.90 NOK to 3.00 NOK, while its 52-week range spans from 1.45 NOK to 3.50 NOK.
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