Ratings Scatec ASA

Equities

SSO

NO0010715139

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-05-10 am EDT			5-day change	1st Jan Change
79.25 ^NOK	-0.31%		+4.00%	-3.53%

May. 02	Nordic Stocks Closed Down Thursday; Lundin Mining Fell Furthest	DJ
Apr. 30	Nordic Shares Moved Upward Tuesday; Hoegh Autoliners Topped Leaders	DJ

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.

Strengths

The prospective high growth for the next fiscal years is among the main assets of the company
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The company appears to be poorly valued given its net asset value.
The company has a low valuation given the cash flows generated by its activity.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
Analysts covering this company mostly recommend stock overweighting or purchase.
Over the past twelve months, analysts' opinions have been strongly revised upwards.

Weaknesses

The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
With a 2024 P/E ratio at 27.63 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
Based on current prices, the company has particularly high valuation levels.
The company is not the most generous with respect to shareholders' compensation.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The group usually releases earnings worse than estimated.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Independent Power Producers

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EDP RENOVÁVEIS, S.A.	-21.13%	16.11B	A-
ENGIE BRASIL ENERGIA S.A.	-5.14%	6.81B	A
NEOEN	+0.66%	4.98B	B-
ERG S.P.A.	-6.86%	4.22B	B+
NORTHLAND POWER INC.	-9.93%	4.06B	B+
CLEARWAY ENERGY, INC.	-2.03%	3.1B	C+
ENCAVIS AG	+8.72%	2.94B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes