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EAM SOLAR ASA (EAM.OL) Stock Fundamental Analysis

OSL:EAM - Euronext Oslo - NO0010607781 - Common Stock - Currency: NOK

0.58  -0.02 (-3.33%)

Fundamental Rating

1

Overall EAM gets a fundamental rating of 1 out of 10. We evaluated EAM against 21 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and financial health of EAM have multiple concerns. EAM is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

In the past year EAM has reported negative net income.
In the past year EAM had a positive cash flow from operations.
In the past 5 years EAM always reported negative net income.
EAM had a negative operating cash flow in each of the past 5 years.
EAM.OL Yearly Net Income VS EBIT VS OCF VS FCFEAM.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20M -40M -60M

1.2 Ratios

With a Return On Assets value of -5.03%, EAM is not doing good in the industry: 76.19% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -43.87%, EAM is doing worse than 80.95% of the companies in the same industry.
Industry RankSector Rank
ROA -5.03%
ROE -43.87%
ROIC N/A
ROA(3y)-16.48%
ROA(5y)-15.62%
ROE(3y)-89.44%
ROE(5y)-65.17%
ROIC(3y)N/A
ROIC(5y)N/A
EAM.OL Yearly ROA, ROE, ROICEAM.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200

1.3 Margins

EAM has a Gross Margin of 78.15%. This is in the better half of the industry: EAM outperforms 61.90% of its industry peers.
EAM's Gross Margin has been stable in the last couple of years.
EAM does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 78.15%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.94%
GM growth 5Y-0.58%
EAM.OL Yearly Profit, Operating, Gross MarginsEAM.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600 -800 -1K

2

2. Health

2.1 Basic Checks

EAM does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, EAM has more shares outstanding
Compared to 5 years ago, EAM has more shares outstanding
Compared to 1 year ago, EAM has an improved debt to assets ratio.
EAM.OL Yearly Shares OutstandingEAM.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
EAM.OL Yearly Total Debt VS Total AssetsEAM.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

2.2 Solvency

The Debt to FCF ratio of EAM is 9.10, which is on the high side as it means it would take EAM, 9.10 years of fcf income to pay off all of its debts.
EAM has a Debt to FCF ratio of 9.10. This is amongst the best in the industry. EAM outperforms 85.71% of its industry peers.
A Debt/Equity ratio of 2.79 is on the high side and indicates that EAM has dependencies on debt financing.
EAM's Debt to Equity ratio of 2.79 is on the low side compared to the rest of the industry. EAM is outperformed by 76.19% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.79
Debt/FCF 9.1
Altman-Z N/A
ROIC/WACCN/A
WACC8.44%
EAM.OL Yearly LT Debt VS Equity VS FCFEAM.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M -20M

2.3 Liquidity

A Current Ratio of 0.84 indicates that EAM may have some problems paying its short term obligations.
EAM has a Current ratio of 0.84. This is in the lower half of the industry: EAM underperforms 66.67% of its industry peers.
A Quick Ratio of 0.84 indicates that EAM may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.84, EAM is doing worse than 66.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.84
Quick Ratio 0.84
EAM.OL Yearly Current Assets VS Current LiabilitesEAM.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

1

3. Growth

3.1 Past

EAM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 94.64%, which is quite impressive.
Looking at the last year, EAM shows a very strong growth in Revenue. The Revenue has grown by 51.96%.
The Revenue for EAM have been decreasing by -16.53% on average. This is quite bad
EPS 1Y (TTM)94.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%84.69%
Revenue 1Y (TTM)51.96%
Revenue growth 3Y-1.27%
Revenue growth 5Y-16.53%
Sales Q2Q%22.49%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EAM.OL Yearly Revenue VS EstimatesEAM.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
EAM.OL Yearly EPS VS EstimatesEAM.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 -0 -0 -0.01 -0.01 -0.01

1

4. Valuation

4.1 Price/Earnings Ratio

EAM reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
EAM.OL Price Earnings VS Forward Price EarningsEAM.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

61.90% of the companies in the same industry are cheaper than EAM, based on the Enterprise Value to EBITDA ratio.
EAM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. EAM is cheaper than 76.19% of the companies in the same industry.
Industry RankSector Rank
P/FCF 59.88
EV/EBITDA 140.5
EAM.OL Per share dataEAM.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -0.05 -0.1

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

EAM does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

EAM SOLAR ASA

OSL:EAM (4/24/2025, 3:41:04 PM)

0.58

-0.02 (-3.33%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)02-28 2025-02-28
Earnings (Next)05-22 2025-05-22
Inst Owners0.3%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap233.73M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 13.51
P/FCF 59.88
P/OCF 59.88
P/B 21.8
P/tB 21.99
EV/EBITDA 140.5
EPS(TTM)-0.11
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.01
FCFY1.67%
OCF(TTM)0.01
OCFY1.67%
SpS0.04
BVpS0.03
TBVpS0.03
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -5.03%
ROE -43.87%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 78.15%
FCFM 22.57%
ROA(3y)-16.48%
ROA(5y)-15.62%
ROE(3y)-89.44%
ROE(5y)-65.17%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.94%
GM growth 5Y-0.58%
F-Score6
Asset Turnover0.19
Health
Industry RankSector Rank
Debt/Equity 2.79
Debt/FCF 9.1
Debt/EBITDA 15.64
Cap/Depr 0%
Cap/Sales 0%
Interest Coverage N/A
Cash Conversion 204.46%
Profit Quality N/A
Current Ratio 0.84
Quick Ratio 0.84
Altman-Z N/A
F-Score6
WACC8.44%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)94.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%84.69%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)51.96%
Revenue growth 3Y-1.27%
Revenue growth 5Y-16.53%
Sales Q2Q%22.49%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y69.94%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y125.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y125.4%
OCF growth 3YN/A
OCF growth 5YN/A