OKEA ASA (OKEA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:OKEA - NO0010816895 - Common Stock
23.3 NOK
-0.15 (-0.64%)
OKEA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 75 industry peers in the Oil, Gas & Consumable Fuels industry. While OKEA is still in line with the averages on profitability rating, there are concerns on its financial health. OKEA scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
- In the past year OKEA was profitable.
- OKEA had a positive operating cash flow in the past year.
- In multiple years OKEA reported negative net income over the last 5 years.
- In the past 5 years OKEA always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of -1.59%, OKEA is not doing good in the industry: 78.67% of the companies in the same industry are doing better.
- OKEA's Return On Equity of -40.22% is on the low side compared to the rest of the industry. OKEA is outperformed by 90.67% of its industry peers.
- OKEA's Return On Invested Capital of 16.57% is amongst the best of the industry. OKEA outperforms 94.67% of its industry peers.
- OKEA had an Average Return On Invested Capital over the past 3 years of 23.72%. This is significantly above the industry average of 8.82%.
- The 3 year average ROIC (23.72%) for OKEA is well above the current ROIC(16.57%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.59% | ||
| ROE | -40.22% | ||
| ROIC | 16.57% |
ROA(3y)0.39%
ROA(5y)-0.02%
ROE(3y)-20.73%
ROE(5y)-16.51%
ROIC(3y)23.72%
ROIC(5y)17.32%
1.3 Margins
- In the last couple of years the Profit Margin of OKEA has declined.
- OKEA has a Operating Margin of 34.40%. This is amongst the best in the industry. OKEA outperforms 89.33% of its industry peers.
- In the last couple of years the Operating Margin of OKEA has grown nicely.
- With a decent Gross Margin value of 67.41%, OKEA is doing good in the industry, outperforming 77.33% of the companies in the same industry.
- In the last couple of years the Gross Margin of OKEA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.4% | ||
| PM (TTM) | N/A | ||
| GM | 67.41% |
OM growth 3Y-6.96%
OM growth 5Y5.16%
PM growth 3Y-39.76%
PM growth 5YN/A
GM growth 3Y-3.3%
GM growth 5Y-1.64%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so OKEA is creating value.
- OKEA has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for OKEA has been increased compared to 5 years ago.
- OKEA has a worse debt/assets ratio than last year.
2.2 Solvency
- OKEA has an Altman-Z score of 1.16. This is a bad value and indicates that OKEA is not financially healthy and even has some risk of bankruptcy.
- OKEA's Altman-Z score of 1.16 is on the low side compared to the rest of the industry. OKEA is outperformed by 72.00% of its industry peers.
- The Debt to FCF ratio of OKEA is 17.12, which is on the high side as it means it would take OKEA, 17.12 years of fcf income to pay off all of its debts.
- OKEA has a Debt to FCF ratio of 17.12. This is in the lower half of the industry: OKEA underperforms 69.33% of its industry peers.
- OKEA has a Debt/Equity ratio of 4.08. This is a high value indicating a heavy dependency on external financing.
- OKEA has a worse Debt to Equity ratio (4.08) than 94.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.08 | ||
| Debt/FCF | 17.12 | ||
| Altman-Z | 1.16 |
ROIC/WACC1.97
WACC8.42%
2.3 Liquidity
- OKEA has a Current Ratio of 1.41. This is a normal value and indicates that OKEA is financially healthy and should not expect problems in meeting its short term obligations.
- OKEA has a Current ratio (1.41) which is comparable to the rest of the industry.
- OKEA has a Quick Ratio of 1.26. This is a normal value and indicates that OKEA is financially healthy and should not expect problems in meeting its short term obligations.
- OKEA has a better Quick ratio (1.26) than 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
- OKEA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 263.25%, which is quite impressive.
- The earnings per share for OKEA have been decreasing by -60.49% on average. This is quite bad
- Looking at the last year, OKEA shows a very negative growth in Revenue. The Revenue has decreased by -89.08% in the last year.
- The Revenue for OKEA have been decreasing by -18.17% on average. This is quite bad
EPS 1Y (TTM)263.25%
EPS 3Y-60.49%
EPS 5YN/A
EPS Q2Q%278.41%
Revenue 1Y (TTM)-89.08%
Revenue growth 3Y-34.2%
Revenue growth 5Y-18.17%
Sales Q2Q%-92.58%
3.2 Future
- OKEA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 52.03% yearly.
- The Revenue is expected to decrease by -11.30% on average over the next years. This is quite bad
EPS Next Y628.74%
EPS Next 2Y140.29%
EPS Next 3Y87.36%
EPS Next 5Y52.03%
Revenue Next Year-14.96%
Revenue Next 2Y-10.99%
Revenue Next 3Y-7.55%
Revenue Next 5Y-11.3%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 1.48, the valuation of OKEA can be described as very cheap.
- OKEA's Price/Earnings ratio is rather cheap when compared to the industry. OKEA is cheaper than 100.00% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, OKEA is valued rather cheaply.
- The Price/Forward Earnings ratio is 4.57, which indicates a rather cheap valuation of OKEA.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of OKEA indicates a rather cheap valuation: OKEA is cheaper than 98.67% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of OKEA to the average of the S&P500 Index (24.29), we can say OKEA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.48 | ||
| Fwd PE | 4.57 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, OKEA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, OKEA is valued a bit cheaper than the industry average as 62.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.17 | ||
| EV/EBITDA | 0.19 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of OKEA may justify a higher PE ratio.
- OKEA's earnings are expected to grow with 87.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)0
PEG (5Y)N/A
EPS Next 2Y140.29%
EPS Next 3Y87.36%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 10.96%, OKEA is a good candidate for dividend investing.
- OKEA's Dividend Yield is rather good when compared to the industry average which is at 5.11. OKEA pays more dividend than 94.67% of the companies in the same industry.
- OKEA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.96% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y140.29%
EPS Next 3Y87.36%
OSL:OKEA (1/20/2026, 11:07:31 AM)
23.3
-0.15 (-0.64%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-04 2025-11-04/bmo
Earnings (Next)02-03 2026-02-03/amc
Inst Owners1.89%
Inst Owner ChangeN/A
Ins Owners3.22%
Ins Owner ChangeN/A
Market Cap2.42B
Revenue(TTM)894.00M
Net Income(TTM)-30.36M
Analysts80
Price Target24.07 (3.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.96% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)575.75%
Min EPS beat(2)-84.29%
Max EPS beat(2)1235.78%
EPS beat(4)2
Avg EPS beat(4)293.7%
Min EPS beat(4)-84.29%
Max EPS beat(4)1235.78%
EPS beat(8)4
Avg EPS beat(8)123.95%
EPS beat(12)7
Avg EPS beat(12)120.18%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)10.71%
Min Revenue beat(2)1.57%
Max Revenue beat(2)19.85%
Revenue beat(4)3
Avg Revenue beat(4)263.7%
Min Revenue beat(4)-6.59%
Max Revenue beat(4)1039.95%
Revenue beat(8)7
Avg Revenue beat(8)657.61%
Revenue beat(12)11
Avg Revenue beat(12)765.99%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)6.31%
PT rev (3m)0.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-47.03%
EPS NY rev (1m)9.44%
EPS NY rev (3m)64.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.48 | ||
| Fwd PE | 4.57 | ||
| P/S | 0.27 | ||
| P/FCF | 13.17 | ||
| P/OCF | 0.58 | ||
| P/B | 3.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 0.19 |
EPS(TTM)15.79
EY67.77%
EPS(NY)5.1
Fwd EY21.9%
FCF(TTM)1.77
FCFY7.59%
OCF(TTM)40.37
OCFY173.27%
SpS86.76
BVpS7.33
TBVpS-5.2
PEG (NY)0
PEG (5Y)N/A
Graham Number51.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.59% | ||
| ROE | -40.22% | ||
| ROCE | 21.52% | ||
| ROIC | 16.57% | ||
| ROICexc | 23.11% | ||
| ROICexgc | 26.44% | ||
| OM | 34.4% | ||
| PM (TTM) | N/A | ||
| GM | 67.41% | ||
| FCFM | 2.04% |
ROA(3y)0.39%
ROA(5y)-0.02%
ROE(3y)-20.73%
ROE(5y)-16.51%
ROIC(3y)23.72%
ROIC(5y)17.32%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)30.81%
ROCE(5y)22.49%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-6.96%
OM growth 5Y5.16%
PM growth 3Y-39.76%
PM growth 5YN/A
GM growth 3Y-3.3%
GM growth 5Y-1.64%
F-Score4
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.08 | ||
| Debt/FCF | 17.12 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 160.59% | ||
| Cap/Sales | 44.49% | ||
| Interest Coverage | 13.35 | ||
| Cash Conversion | 74.92% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 1.16 |
F-Score4
WACC8.42%
ROIC/WACC1.97
Cap/Depr(3y)139.8%
Cap/Depr(5y)138.38%
Cap/Sales(3y)25.34%
Cap/Sales(5y)32.15%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)263.25%
EPS 3Y-60.49%
EPS 5YN/A
EPS Q2Q%278.41%
EPS Next Y628.74%
EPS Next 2Y140.29%
EPS Next 3Y87.36%
EPS Next 5Y52.03%
Revenue 1Y (TTM)-89.08%
Revenue growth 3Y-34.2%
Revenue growth 5Y-18.17%
Sales Q2Q%-92.58%
Revenue Next Year-14.96%
Revenue Next 2Y-10.99%
Revenue Next 3Y-7.55%
Revenue Next 5Y-11.3%
EBIT growth 1Y-91.19%
EBIT growth 3Y-38.78%
EBIT growth 5Y-13.95%
EBIT Next Year20.49%
EBIT Next 3Y6.99%
EBIT Next 5Y-4.54%
FCF growth 1Y-98.97%
FCF growth 3Y-63.72%
FCF growth 5Y-48.03%
OCF growth 1Y-89.22%
OCF growth 3Y-45.06%
OCF growth 5Y-27.69%
OKEA ASA / OKEA.OL FAQ
What is the ChartMill fundamental rating of OKEA ASA (OKEA.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to OKEA.OL.
What is the valuation status of OKEA ASA (OKEA.OL) stock?
ChartMill assigns a valuation rating of 9 / 10 to OKEA ASA (OKEA.OL). This can be considered as Undervalued.
Can you provide the profitability details for OKEA ASA?
OKEA ASA (OKEA.OL) has a profitability rating of 6 / 10.
What are the PE and PB ratios of OKEA ASA (OKEA.OL) stock?
The Price/Earnings (PE) ratio for OKEA ASA (OKEA.OL) is 1.48 and the Price/Book (PB) ratio is 3.18.
How sustainable is the dividend of OKEA ASA (OKEA.OL) stock?
The dividend rating of OKEA ASA (OKEA.OL) is 6 / 10 and the dividend payout ratio is 0%.