Bonheur
Research Bonheur (BONHR) on Bullrun: valuation model: 32.2% undervalued, market cap NOK 10.38B, P/E 10.6, dividend yield 2.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerBONHR
- ExchangeOL
- CountryNorway
- SectorIndustrials
- IndustryConglomerates
- CurrencyNOK
- Valuation signal32.2% undervalued
- Market capNOK 10.38B
- P/E10.6
- Dividend yield2.9%
- Financial periodQ2 2026
- RevenueNOK 3.03B
- Net incomeNOK 302.00M
- Free cash flowNOK 124.00M
- Gross margin29.2%
Valuation Snapshot
Bullrun's latest valuation model marks Bonheur as 32.2% undervalued; latest market cap is NOK 10.38B; P/E is 10.6; dividend yield is 2.9%.
Peer valuation comparison
Latest P/E is 10.57x versus a Industrials sector median of 20.76x (49.1% below).
Latest dividend yield is 2.86% versus a Industrials sector median of 2.39% (19.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | NOK 12.48B | NOK 1.42B | n/a | 30.0% | n/a | NOK 5.75B | NOK 8.63B | NOK 8.85B |
| FY2024 | NOK 13.99B | NOK 1.65B | NOK 2.10B | 93.0% | 268 | NOK 6.58B | NOK 9.98B | NOK 7.77M |
| FY2023 | NOK 12.47B | NOK 1.58B | NOK 1.47B | 91.8% | 244 | NOK 5.46B | NOK 10.08B | NOK 6.68B |
| FY2022 | NOK 11.43B | NOK 1.70B | NOK 1.49B | 91.6% | 9.3 | NOK 5.46B | NOK 10.18B | NOK 6.96B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-24 | NOK 10.38B | 10.6 | 3.1% | 7.3 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 7.3 NOK, yield 2.9%.
| Year | Dividends/share |
|---|---|
| FY2024 | 6 NOK |
| FY2023 | 5 NOK |
| FY2022 | 4.3 NOK |
About Bonheur
Bonheur ASA, together with its subsidiaries, engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Germany, the Netherlands, France, Norway, Europe, Asia, the Americas, Africa, and Internationally. The company operates through four segments: Renewable Energy, Wind Service, Cruise, and Other Investments. The Renewable Energy segment develops, constructs, and operates wind farms with an installed capacity of 804.9 megawatts (MW).
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Frequently asked questions
Is Bonheur overvalued or undervalued?
Bullrun's valuation model currently marks Bonheur as 32.2% undervalued.
What is Bonheur's market cap?
Bonheur's market capitalization is NOK 10.38B.
What is Bonheur's P/E ratio?
Bonheur's price-to-earnings (P/E) ratio is 10.6.
Does Bonheur pay a dividend?
Bonheur has a dividend yield of 2.9%.
What does Bonheur do?
Bonheur ASA, together with its subsidiaries, engages in the renewable energy, wind service, and cruise businesses in the United Kingdom, Germany, the Netherlands, France, Norway, Europe, Asia, the Americas, Africa, and Internationally. The company operates through four segments: Renewable Energy, Wind Service, Cruise, and Other Investments. The Renewable Energy segment develops, constructs, and operates wind farms with an installed capacity of 804.9 megawatts (MW).