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    Chemicals - Specialty
Borregaard ASA

Borregaard ASA

BRRDF
Borregaard ASAUS flagOther OTC
14.15
USD
- -
- -
1.41BMarket Cap
Borregaard ASA
BRRDF
(Other OTC)

Recent

price

14.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
34.61
38.1
38.94
38.22
38.48
40.75
43.91
45.22
47.05
49.51
52.48
57.38
67.96
70.44
75.25
76.02
59.55
Revenue per Share
1.8
3.17
2.76
3.35
3.34
3.86
5.55
5.66
4.76
4.17
4.38
6.95
8.95
8.73
8.25
6.22
-0.26
Basic EPS, GAAP
2.47
2.85
1.63
2.38
2.87
1.33
4.59
-1.88
-2.04
1.14
3.85
8.79
2.72
8.99
3.58
5.65
6.19
Free Cash Flow per Basic Share
6.09
1.49
-3.1
1
1.09
1.24
1.49
3.49
1.99
2.24
2.3
2.5
5
3.25
3.75
4.25
4.75
Dividend per Share
- -
- -
1.07
3.09
4.58
7.15
10.81
11.85
13.04
14.34
15.85
19.12
22.35
26.91
30.43
32.09
- -
Book Value per Share
9.38
10.16
16.63
17.99
18.72
19.24
25.88
28.85
32.21
33.71
37.07
42.34
43.76
48.24
50.17
58.16
55.4
Tangible Book Value per Share
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
Basic Weighted Avg Shares
3,461
3,810
3,894
3,822
3,848
4,075
4,391
4,522
4,705
4,951
5,227
5,715
6,776
7,024
7,502
7,580
5,952
Sales/Revenue/Turnover
8.18
13.91
13.94
12.74
12.63
12.17
15.55
16.48
12.24
11.82
13.09
16.66
17.62
18.38
17.5
16.98
14.99
Operating Margin (%)
206
205
265
231
244
269
278
316
327
432
449
420
449
490
561
591
456
Depreciation Expense
180
317
276
335
334
386
555
566
476
417
436
692
892
870
823
620
-26
Net Income, GAAP
29.23
29.67
33.81
28.04
22.79
24.11
23.62
21.96
24.38
24.84
23.59
24.4
23.88
23.84
23.17
30.56
121.66
Effective Tax Rate (%)
5.2
8.32
7.09
8.77
8.68
9.47
12.64
12.52
10.12
8.42
8.34
12.11
13.16
12.39
10.97
8.18
-0.44
Profit Margin (%)
1,092
1,126
807
621
666
785
705
568
654
502
592
740
916
1,313
1,152
1,447
1,372
Working Capital
1,862
1,788
992
774
784
802
525
743
1,115
1,419
1,381
1,320
1,370
2,016
2,035
1,718
1,646
LT Debt
1,014
1,088
1,702
1,856
1,949
2,061
2,713
2,996
3,321
3,464
3,778
4,306
4,445
4,894
5,090
5,878
5,610
Total Equity
7.02
12.68
12.49
12.54
13.29
12.9
16.12
15.08
9.57
8.36
9
11.9
14.06
13.81
13.36
11.16
-2.41
Return on Invested Capital (%)
12.82
20.04
21.85
33.35
30.69
29.29
35.51
29.38
21.29
16.62
15.14
21.34
25.37
21.73
18.58
13.92
-1.25
Return on Capital (%)
- -
- -
515.89
161.06
87.09
65.81
61.8
49.96
38.25
30.46
28.94
39.74
43.16
35.42
28.79
19.89
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
463
454
620
LT Borrowings
1,718
1,737
1,646
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
100
Market Capitalization
18,427
18,545
14,000

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,128
3,474
3,205
Cash, Cash Equivalents & STI
90
61
125
Accounts Receivable, Net
1,095
1,757
1,684
Inventories
1,521
1,472
1,396
Total Current Liabilities
1,681
1,659
1,833
Payables & Accruals
- -
- -
- -
ST Debt
463
454
620
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.31%
9.36%
15.48%
Free Cash Flow
48.03%
57.52%
57.7%
Net Income, GAAP
7.71%
11.02%
-24.67%
Sales/Revenue/Turnover
6.5%
7.88%
1.04%
Total Cash Common Dividend
22.91%
20.57%
13.37%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,975
1,949
1,949
1,744
7,502
2025
2,036
2,045
- -
1,833
7,580
2026
2,005
2,114
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.01
2.45
2.51
1.3
8.25
2025
2.51
2.56
- -
-0.81
6.22
2026
1.82
-1.27
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
3.76
- -
- -
3.75
2025
- -
4.26
- -
- -
4.25
2026
- -
4.75
- -
- -
- -
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Business
Borregaard ASA operates one of the world's most advanced and sustainable biorefineries, specializing in the development, production, and marketing of biochemicals and biomaterials derived from renewable raw materials, primarily wood. The company’s core products include lignin-based biopolymers and binding and dispersing agents, specialty cellulose used as raw material for cellulose ethers and cellulose acetate, sustainable cellulose fibrils, bioethanol, and biovanillin—the only vanillin produced from wood, PEFC-certified and sustainable. Its products serve diverse industries such as agriculture, aquaculture, construction, pharmaceuticals, cosmetics, food and beverage, batteries, and biofuels. Borregaard operates through three primary business segments: BioSolutions (biopolymers and biovanillin), BioMaterials (specialty cellulose and cellulose fibrils), and Fine Chemicals (bioethanol and chemical intermediates). The company is headquartered in Sarpsborg, Norway, and operates globally across Europe, Asia, and the Americas. Founded in 2012, Borregaard leverages its integrated biorefinery assets and expert knowledge in a unique wood-based chemistry process. In recent years, Borregaard has pursued a strategic focus on increased specialization and value growth driven by innovation and market development. The company has made targeted investments to enhance its product portfolio, expand capacity, and improve sustainability, including CO2 emission reductions and energy efficiency improvements at its Norwegian biorefinery. In 2024, Borregaard hosted a Capital Markets Day where it emphasized continuing its specialization journey, expanding the cellulose fibrils business, and leveraging its lignin raw material base for advanced biopolymers and biovanillin. The company also actively invests in bio-based startups and sustainability initiatives as part of its long-term strategic priorities. This includes securing grants from research councils to support innovation and environmental projects, reflecting a strong ESG profile. Borregaard maintains a market-oriented and innovation-driven culture with a commitment to sustainable and renewable solutions replacing oil-based products.

Company News

APIChatGPT

  • seekingalpha.com

    Borregaard ASA (BRGAY) Discusses Outlook for BioSolutions and BioMaterials, Market Trends, and Volume Expectations Transcript

  • defenseworld.net

    Borregaard ASA (OTCMKTS:BRRDF) Short Interest Up 27.3% in February

  • seekingalpha.com

    Borregaard ASA (BRGAY) Q4 2025 Earnings Call Transcript

  • seekingalpha.com

    Borregaard ASA (BRGAY) Discusses BioSolutions Segment Outlook and Margin Dynamics Ahead of Close Transcript

  • seekingalpha.com

    Borregaard ASA (BRGAY) Q3 2025 Earnings Call Transcript

  • seekingalpha.com

    Borregaard ASA - Special Call