What is Norske Skog ASA's (NSKOG.OL) StockRank?

MoatMap's StockRank for Norske Skog ASA (NSKOG.OL) is 77/100, with a Buy signal. This is a composite score combining Quality (48), Value (46), and Momentum (70) factor ranks across MoatMap's 19,000+ stock universe.

Does Norske Skog ASA have an economic moat?

Norske Skog ASA (NSKOG.OL) has a Quality factor score of 48/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Norske Skog ASA a buy, hold, or sell?

MoatMap's current signal for Norske Skog ASA (NSKOG.OL) is Buy, based on a StockRank of 77/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Norske Skog ASA in?

Norske Skog ASA (NSKOG.OL) operates in the Basic Materials sector, specifically the Paper & Paper Products industry (Norway).

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NSKOG.OL

BUYREMOVE

Norske Skog ASA · Basic Materials · Norway · $407M · Avg Vol: $1M/d

StockRank

P/E (TTM)

11.6x

ROE

5.9%

D/E

0.9x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Norske Skog operates in the structurally declining publication paper industry and is highly vulnerable to European energy price shocks.

COMPANY DESCRIPTION

Norske Skog ASA is a major global producer of publication paper, including newsprint and magazine paper, with manufacturing facilities in Europe and Australasia. The company is actively diversifying its product portfolio into packaging paper (containerboard) and bio-based energy and materials to capture growth in circular economies. Its competitive position is maintained through low-cost production assets, strong regional market shares, and established distribution networks.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	1.6B	1.1B	999M	1.0B	-13.4%
EPS	2.95	0.61	-1.25	0.51	-44.1%
Shares	94M	94M	85M	85M	-10.0%
Debt	405M	547M	567M	582M	12.9%
Equity	639M	666M	582M	629M	-0.5%
Op CF	221M	209M	-2M	25M	-51.9%
Inv CF	-212M	-291M	-130M	-35M	—
Fin CF	112M	59M	-11M	3M	—

PRICE (1M)+0.2%

SMA 50SMA 200

$5.05

RSI (14)

55.2

52W High

$5.40

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC

5.4%57.3

ROE

5.9%58.9

GP/Assets

19.0%69.5

Op. Margin

12.0%70.6

FCF/Assets

-7.1%29.8

Piotroski

—51.9

Int. Cover

2.4x41.0

D/E Ratio

0.87x16.0

Current Ratio

1.21x20.7

Value

P/E (TTM)

11.6x78.1

EV/EBITDA

1663.9x0.0

P/FCF

—N/A

P/B

0.7x86.2

P/S

0.4x84.4

Div Yield

—N/A

Momentum

52W High %

93%89.1

RS 6M

141%95.8

SMA 50/200

1.65x97.5

EPS Rev 4W

+15.0%88.2

EPS Rev 12W

—N/A

EPS Improve

-17%10.9

Q Growth

-17%24.4

FUNDAMENTALS

Market Cap

$407M

P/E (Forward)

14.0x

Gross Margin

29.8%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of NSKOG.OL are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
NSKOG.OL	Norske Skog ASA(you)	$407M	77	BUY
ELK.OL	Elkem ASA	$1.2B	81	STRONG BUY
BRG.OL	Borregaard ASA	$1.5B	51	HOLD
YAR.OL	Yara International ASA	$13.9B	99	STRONG BUY
NOM.OL	Nordic Mining ASA	$145M	3	STRONG SELL
NHY.OL	Norsk Hydro ASA	$24.1B	98	STRONG BUY

Peer medians: ROE 6.2% · P/E 29.9x · Gross margin 35.3%

Norske Skog ASA (NSKOG.OL) — Stock Score Summary

Norske Skog ASA (NSKOG.OL) has a MoatMap StockRank of 77/100 based on Quality (48/100), Value (46/100), and Momentum (70/100) factor scores. The current signal is BUY. Norske Skog operates in the structurally declining publication paper industry and is highly vulnerable to European energy price shocks.

Key Financial Metrics

Price	$5.05
Market Cap	$407M
P/E (TTM)	11.63
P/E (Forward)	14.02
Price/Book	0.67
Return on Equity	5.9%
Return on Invested Capital	5.4%
Debt/Equity	86.97
Gross Margin	29.8%
Operating Margin	12.0%
Revenue Growth	-2.1%
Free Cash Flow	$-12M

Norske Skog ASA operates in the Paper & Paper Products industry, part of the Basic Materials sector (Norway).

Frequently Asked Questions

What is Norske Skog ASA’s (NSKOG.OL) StockRank?: MoatMap’s StockRank for Norske Skog ASA (NSKOG.OL) is 77/100, with a Buy signal. It is a composite of Quality (48), Value (46), and Momentum (70) factor ranks across MoatMap’s 19,000+ stock universe.
Does Norske Skog ASA have an economic moat?: Norske Skog ASA (NSKOG.OL) has a Quality factor score of 48/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Norske Skog ASA a buy, hold, or sell?: MoatMap’s current signal for Norske Skog ASA (NSKOG.OL) is Buy, based on a StockRank of 77/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Norske Skog ASA in?: Norske Skog ASA (NSKOG.OL) operates in the Basic Materials sector, specifically the Paper & Paper Products industry (Norway).