Borregaard stock
BRG.OLOSLBorregaard ASA, Basic MaterialsISIN NO0010657505
63Score 63 out of 100, Neutral
Price and trend
60 / 100
Price history
−17% in one yearThe chart shows daily closes over 14 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 0.7% below it.
Since February 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 74).
The price is 21% below its 52-week high. Largest decline in 14 years: 47% (August 2021 to October 2022).
Chart figures for advanced users
- SMA 50$15.80
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$16.56
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)74
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$14.52
- The lowest closing price of the last twelve months.
- Resistance$20.94
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Borregaard ASA belongs to the Chemicals (Specialty) industry (Norway) and, with a market value of $1.64B, is number 86 of 106 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $795.17M (up 1% year on year) and earnings of $65.04M (down 24.7%).
- For fiscal 2026, analysts expect on average revenue of $820.89M (up 3.2%) and adjusted earnings per share of $0.67.
Show more
- MEQIRI Score 63 out of 100 (Neutral): rank 155 of 461 in Basic Materials, median 57.
- The P/E is 58.1 because earnings over the last twelve months collapsed; on the expected earnings of the next twelve months it is 16.6 (Chemicals (Specialty) median 24.4). The P/E therefore does not count in the score.
- Our model puts fair value at $28.79, with the price 43% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 336% of earnings over the last 12 months.Fundamentals 80
- Analysts expect strong earnings growthUp 33.5% a year through 2028 (estimates from 5 analysts).
- Below fair valuePrice 43% below the fair value of $28.79.Valuation 95
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are valuation and stability, while growth and profitability hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- cyclical sector (energy or materials), as a group, crashed more often in the backtest
What lowers it
- solid fundamentals
- calm price action
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $22.15 and expensive above $41.13 (uncertainty medium, based on the price swings of the past year).
Calculated with a cost of equity of 8.5%. At 9.5% the fair value would be $23.69, at 7.5% it would be $36.48.
Valuation metrics
From the cash-flow model alone; after a one-off collapse in earnings there is no industry value.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 2.9% on the twelve months before. Revenue has grown solidly since 2009, at about 5% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 38%, operating 17%, net 8%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 3 Feb 2027in 82 days
- Last reported
- 28 Oct 2026EPS reported $0.30 (expected $0.22)above expectations
Analyst estimates
Analysts have cut their 2027 earnings estimate by 3.3% since 15 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $0.67+12.4%
- Revenue
- $820.89M−1.3%
- Earnings per share
- $1.04−3.3%
- Revenue
- $861.32M−1.7%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook lowered
Share price after the results: +9.5%Borregaard expects a significantly weaker product mix in Fine Chemicals, notably lower bioethanol deliveries, rising energy and sulfur costs, and the annual maintenance stop to weigh on fourth quarter performance.
“In Fine Chemicals, the bioethanol deliveries are expected to be notably lower than in the fourth quarter of 2025. For fine chemical intermediates, the product mix is expected to be significantly weaker than in the third quarter this year.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 28 Oct 2026 (fiscal Q3 2026), read by AI.
What happened at Borregaard
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
461 rated companies in Basic Materials
- This company
- 63
- Sector median
- 57
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Chemicals (Specialty)
The next larger and next smaller companies by market value
- InnospecIOSP $1.95B64
- Minerals TechnologiesMTX $1.92B45
- VERBIO Vereinigte BioEnergieVBK.DE $1.81B52
- CorbionCRBN.AS $1.7B66
- Stepan CoSCL $1.51B51
- Industrie De NoraDNR.MI $1.32B45
- ElkemELK.OL $1.22B50
- EcovystECVT $1.17B48
ETFs that hold Borregaard
Held by 3 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Rize Sustainable Future of Food UCITS ETFRIZF | 0.32% | 0.45% | €58.13M |
| Vanguard ESG Global All Cap UCITS ETF (USD) AccumulatingV3AA | 0.00% | 0.24% | €1.69B |
| Vanguard FTSE Global All-Cap UCITS ETF Accum USDVGLA | 0.00% | 0.07% | €3.9B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = NOK 9.5325)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 23 Jan 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.