Bonheur ASA (FRA:V7P) Beginning Cash Position: €716 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:V7P Bonheur ASA FRA:V7P
79 GF Score
Price €20.20
GF Value €19.84
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Bonheur ASA Beginning Cash Position?

Bonheur ASA FRA:V7P -0.74% 79 Beginning Cash Position is €716 Mil as of Jun. 2026. GuruFocus rates FRA:V7P with a GF Score™ of 79/100 and a GF Value™ of €19.84 (Fairly Valued). The stock has 3 warning signs investors should review.

Bonheur ASA's Beginning Cash Position for the quarter that ended in Jun. 2026 was €716 Mil.

Bonheur ASA's quarterly Beginning Cash Position declined from Dec. 2025 (€610 Mil) to Mar. 2026 (€566 Mil) but then increased from Mar. 2026 (€566 Mil) to Jun. 2026 (€716 Mil).

Bonheur ASA's annual Beginning Cash Position declined from Dec. 2023 (€474 Mil) to Dec. 2024 (€465 Mil) but then increased from Dec. 2024 (€465 Mil) to Dec. 2025 (€556 Mil).

Bonheur ASA Beginning Cash Position Related Terms

Bonheur ASA Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Bonheur ASA's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bonheur ASA Beginning Cash Position Chart

Bonheur ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 428.70 385.93 474.47 464.73 556.21

Bonheur ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 588.76 590.90 609.98 565.74 716.04
FRA:V7P
79GF Score
Bonheur ASA FRA:V7P
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonheur ASA Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €716 Mil mean?
Bonheur ASA (FRA:V7P) has a Beginning Cash Position of €716 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Bonheur ASA and its competitors.
Is Bonheur ASA's Beginning Cash Position too high?
Bonheur ASA's current Beginning Cash Position is €716 Mil. Overall, Bonheur ASA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bonheur ASA's Beginning Cash Position compare to MMM and HON?
Bonheur ASA's Beginning Cash Position of €716 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Conglomerates company?
A good Beginning Cash Position depends on the Conglomerates industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Bonheur ASA and its competitors. Bonheur ASA's current Beginning Cash Position is €716 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonheur ASA stock overvalued right now?
Based on GuruFocus' analysis, Bonheur ASA (FRA:V7P) is currently considered Fairly Valued. The stock's GF Value™ is €19.84, compared to a current price of €20.20 — trading 1.8% above its estimated fair value. The current Beginning Cash Position is €716 Mil. Bonheur ASA's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Bonheur ASA (FRA:V7P), the current Beginning Cash Position is €716 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bonheur ASA (FRA:V7P) Overvalued in 2026?

Based on GuruFocus' analysis, Bonheur ASA stock appears to be overvalued. The current stock price of €20.20 is trading 1.8% above its estimated GF Value™ of €19.84. GuruFocus considers Bonheur ASA to be Fairly Valued.

Key valuation signals for FRA:V7P:

  • Beginning Cash Position: €716 Mil
  • GF Value™: €19.84 vs. price of €20.20 (1.8% above fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the FRA:V7P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bonheur ASA Business Description

Address Fred Olsens Gate 2, P.O. Box 1159, Sentrum, Oslo, NOR, 0107
Bonheur ASA was initially a Norwegian shipping company. Currently, the company is engaged in several businesses. The company provides services through four segments: Other Investments, Renewable Energy, Cruise, and Wind Services. The renewable energy segment is involved in developing, constructing, and operating wind farms in Scotland, Norway, Sweden, Ireland, Italy, and the USA. The wind Service segment is engaged in logistics and services within the offshore wind industry. Cruise owns and operates four cruise ships and provides a diverse range of cruises, The other investments segment has investments within media, real estate, bonds, and shares.
79GF Score

Get the complete analysis for FRA:V7P

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.20
Price
€19.84
GF Value