OKEA ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 25.74 NOK | -1.98% |
|
-5.02% | -3.23% |
| Apr. 25 | Transcript : OKEA ASA, Q1 2024 Earnings Call, Apr 25, 2024 | |
| Apr. 25 | OKEA ASA Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,786 | 1,056 | 2,628 | 3,554 | 2,764 | 2,649 | - | - |
| Enterprise Value (EV) 1 | 2,679 | 2,585 | 3,377 | 4,136 | 2,186 | 1,913 | 1,624 | 2,053 |
| P/E ratio | -22.7 x | -1.75 x | 4.32 x | 5.31 x | -2.96 x | 3.17 x | 3.31 x | 4.74 x |
| Yield | - | - | - | 11.4% | 15% | - | 15.6% | 13.6% |
| Capitalization / Revenue | 0.61 x | 0.61 x | 0.68 x | 0.53 x | 0.31 x | 0.25 x | 0.31 x | 0.37 x |
| EV / Revenue | 0.91 x | 1.49 x | 0.87 x | 0.62 x | 0.25 x | 0.18 x | 0.19 x | 0.29 x |
| EV / EBITDA | 1.64 x | 2.98 x | 1.3 x | 0.87 x | 0.38 x | 0.27 x | 0.29 x | 0.5 x |
| EV / FCF | 2.15 x | -7.11 x | - | 4.55 x | 1.1 x | -8.44 x | 3.13 x | 9.51 x |
| FCF Yield | 46.5% | -14.1% | - | 22% | 90.7% | -11.8% | 31.9% | 10.5% |
| Price to Book | 1.06 x | 0.98 x | 1.54 x | 1.71 x | 3.81 x | 1.91 x | 1.13 x | 1.27 x |
| Nbr of stocks (in thousands) | 102,064 | 102,503 | 103,870 | 103,910 | 103,910 | 102,897 | - | - |
| Reference price 2 | 17.50 | 10.30 | 25.30 | 34.20 | 26.60 | 25.74 | 25.74 | 25.74 |
| Announcement Date | 2/13/20 | 2/5/21 | 2/11/22 | 1/31/23 | 2/8/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,936 | 1,730 | 3,882 | 6,653 | 8,885 | 10,802 | 8,606 | 7,097 |
| EBITDA 1 | 1,636 | 867 | 2,607 | 4,758 | 5,756 | 7,116 | 5,611 | 4,146 |
| EBIT 1 | 827.2 | -1,219 | 2,298 | 3,526 | 1,316 | 4,277 | 3,636 | 2,434 |
| Operating Margin | 28.18% | -70.46% | 59.19% | 53% | 14.81% | 39.59% | 42.25% | 34.3% |
| Earnings before Tax (EBT) 1 | 419.4 | -1,231 | 2,106 | 3,215 | 1,099 | 4,119 | 3,513 | 2,379 |
| Net income 1 | -71.13 | -602.7 | 603.3 | 669.6 | -935.4 | 843.5 | 807.5 | 564.2 |
| Net margin | -2.42% | -34.84% | 15.54% | 10.07% | -10.53% | 7.81% | 9.38% | 7.95% |
| EPS 2 | -0.7700 | -5.890 | 5.860 | 6.440 | -9.000 | 8.118 | 7.770 | 5.431 |
| Free Cash Flow 1 | 1,247 | -363.7 | - | 909.6 | 1,983 | -226.6 | 519 | 216 |
| FCF margin | 42.47% | -21.02% | - | 13.67% | 22.31% | -2.1% | 6.03% | 3.04% |
| FCF Conversion (EBITDA) | 76.19% | - | - | 19.12% | 34.44% | - | 9.25% | 5.21% |
| FCF Conversion (Net income) | - | - | - | 135.85% | - | - | 64.28% | 38.29% |
| Dividend per Share 2 | - | - | - | 3.900 | 4.000 | - | 4.028 | 3.500 |
| Announcement Date | 2/13/20 | 2/5/21 | 2/11/22 | 1/31/23 | 2/8/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,725 | 1,516 | 1,332 | 2,143 | 1,664 | 2,954 | 1,707 | 2,105 | 2,118 | 3,422 | 2,349 | 2,319 | 2,660 |
| EBITDA 1 | 1,258 | 1,143 | 927.7 | 1,636 | 1,086 | 1,591 | 1,167 | 1,336 | 1,661 | 2,159 | 1,536 | 1,596 | 1,825 |
| EBIT 1 | 714.8 | 1,348 | 762.6 | 1,460 | 565 | 1,170 | 505.6 | 435.8 | -795.2 | 1,223 | 861 | 985 | 1,127 |
| Operating Margin | 41.45% | 88.93% | 57.25% | 68.1% | 33.95% | 39.61% | 29.62% | 20.7% | -37.55% | 35.75% | 36.65% | 42.48% | 42.37% |
| Earnings before Tax (EBT) 1 | 653.6 | 1,287 | 531.6 | 737.6 | 658.7 | 1,121 | 391 | 460.2 | -872.9 | 1,080 | 789 | 899 | 1,041 |
| Net income 1 | 283.2 | 213.3 | 27.78 | 104.5 | 324.1 | 226.1 | 68.87 | 32.39 | -1,263 | -49.44 | 184 | 183 | 196 |
| Net margin | 16.42% | 14.07% | 2.09% | 4.87% | 19.47% | 7.66% | 4.03% | 1.54% | -59.62% | -1.44% | 7.83% | 7.89% | 7.37% |
| EPS 2 | 2.720 | 2.050 | 0.2700 | 1.000 | 3.120 | 2.180 | 0.6600 | 0.3100 | -12.15 | -0.4800 | 1.770 | 1.760 | 1.890 |
| Dividend per Share 2 | - | - | - | 1.000 | 1.000 | 1.000 | - | - | 1.000 | - | - | - | - |
| Announcement Date | 2/11/22 | 5/5/22 | 7/13/22 | 10/26/22 | 1/31/23 | 5/4/23 | 7/13/23 | 10/26/23 | 2/8/24 | 4/25/24 | - | - | - |
1NOK in Million2NOK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 893 | 1,529 | 750 | 583 | - | - | - | - |
| Net Cash position 1 | - | - | - | - | 578 | 736 | 1,024 | 595 |
| Leverage (Debt/EBITDA) | 0.5457 x | 1.764 x | 0.2875 x | 0.1224 x | - | - | - | - |
| Free Cash Flow 1 | 1,247 | -364 | - | 910 | 1,983 | -227 | 519 | 216 |
| ROE (net income / shareholders' equity) | -4.53% | - | 43.2% | 35.4% | -66.7% | 48.5% | 46.4% | 28.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | -5.48% | - | - | - |
| Assets 1 | - | - | - | - | 17,060 | - | - | - |
| Book Value Per Share 2 | 16.50 | 10.50 | 16.50 | 20.00 | 6.980 | 13.50 | 22.80 | 20.20 |
| Cash Flow per Share 2 | - | - | - | - | 49.90 | 39.70 | 30.10 | 21.50 |
| Capex 1 | 874 | 1,005 | 673 | 1,089 | 1,957 | 3,717 | 2,496 | 2,051 |
| Capex / Sales | 29.79% | 58.08% | 17.33% | 16.37% | 22.02% | 34.4% | 29% | 28.9% |
| Announcement Date | 2/13/20 | 2/5/21 | 2/11/22 | 1/31/23 | 2/8/24 | - | - | - |
1NOK in Million2NOK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
25.74
NOK
Average target price
37.4
NOK
Spread / Average Target
+45.30%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.23% | 240M | |
| +15.92% | 8.43B | |
| -7.66% | 4.14B | |
| +5.65% | 2.52B | |
| +9.36% | 1.12B | |
| -7.02% | 637M | |
| -9.37% | 619M | |
| -6.12% | 179M | |
| +46.32% | 144M | |
| -31.58% | 66.85M |
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- OKEA Stock
- Financials OKEA ASA
