OKEA ASA (OKEA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:OKEA - NO0010816895 - Common Stock
23.55 NOK
+0.6 (+2.61%)
Overall OKEA gets a fundamental rating of 5 out of 10. We evaluated OKEA against 77 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of OKEA while its profitability can be described as average. OKEA is valued quite cheap, while showing a decent growth score. This is a good 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
- Looking at the Return On Assets, with a value of -1.59%, OKEA is doing worse than 77.92% of the companies in the same industry.
- Looking at the Return On Equity, with a value of -40.22%, OKEA is doing worse than 88.31% of the companies in the same industry.
- OKEA's Return On Invested Capital of 16.57% is amongst the best of the industry. OKEA outperforms 94.81% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for OKEA is significantly above the industry average of 8.78%.
- 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's Operating Margin of 34.40% is amongst the best of the industry. OKEA outperforms 90.91% of its industry peers.
- In the last couple of years the Operating Margin of OKEA has grown nicely.
- The Gross Margin of OKEA (67.41%) is better than 77.92% of its industry peers.
- 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.
- The number of shares outstanding for OKEA remains at a similar level compared to 1 year ago.
- OKEA has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, OKEA has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.16, we must say that OKEA is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 1.16, OKEA is not doing good in the industry: 70.13% of the companies in the same industry are doing better.
- 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.
- Looking at the Debt to FCF ratio, with a value of 17.12, OKEA is doing worse than 66.23% of the companies in the same industry.
- A Debt/Equity ratio of 4.08 is on the high side and indicates that OKEA has dependencies on debt financing.
- The Debt to Equity ratio of OKEA (4.08) is worse than 93.51% 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.
- The Current ratio of OKEA (1.41) is comparable to the rest of the industry.
- A Quick Ratio of 1.26 indicates that OKEA should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.26, OKEA is doing good in the industry, outperforming 68.83% of the companies in the same industry.
| 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
- OKEA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -89.08%.
- 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
- The Earnings Per Share is expected to grow by 52.03% on average over the next years. This is a very strong growth
- OKEA is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -11.30% yearly.
EPS Next Y565.88%
EPS Next 2Y140.29%
EPS Next 3Y83.64%
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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 1.49, the valuation of OKEA can be described as very cheap.
- Based on the Price/Earnings ratio, OKEA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- OKEA is valuated cheaply when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 4.62, the valuation of OKEA can be described as very cheap.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of OKEA indicates a rather cheap valuation: OKEA is cheaper than 98.70% of the companies listed in the same industry.
- OKEA is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.31, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.49 | ||
| Fwd PE | 4.62 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, OKEA is valued cheaper than 100.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of OKEA indicates a somewhat cheap valuation: OKEA is cheaper than 63.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.31 | ||
| EV/EBITDA | 0.18 |
4.3 Compensation for Growth
- OKEA's 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 83.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0
PEG (5Y)N/A
EPS Next 2Y140.29%
EPS Next 3Y83.64%
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 5.26. OKEA pays more dividend than 94.81% of the companies in the same industry.
- OKEA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| 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 3Y83.64%
OSL:OKEA (1/16/2026, 10:45:47 AM)
23.55
+0.6 (+2.61%)
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 Cap2.45B
Revenue(TTM)894.00M
Net Income(TTM)-30.36M
Analysts80
Price Target22.64 (-3.86%)
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)0%
PT rev (3m)-5.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-47.03%
EPS NY rev (1m)0%
EPS NY rev (3m)50.32%
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 | 1.49 | ||
| Fwd PE | 4.62 | ||
| P/S | 0.27 | ||
| P/FCF | 13.31 | ||
| P/OCF | 0.58 | ||
| P/B | 3.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 0.18 |
EPS(TTM)15.79
EY67.05%
EPS(NY)5.1
Fwd EY21.66%
FCF(TTM)1.77
FCFY7.51%
OCF(TTM)40.36
OCFY171.4%
SpS86.75
BVpS7.33
TBVpS-5.2
PEG (NY)0
PEG (5Y)N/A
Graham Number51.01
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 Y565.88%
EPS Next 2Y140.29%
EPS Next 3Y83.64%
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 1.49 and the Price/Book (PB) ratio is 3.22.
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%.