OKEA ASA (OKEA.OL) Stock Fundamental Analysis
OSL:OKEA - Euronext Oslo - NO0010816895 - Common Stock - Currency: NOK
Taking everything into account, OKEA scores 5 out of 10 in our fundamental rating. OKEA was compared to 62 industry peers in the Oil, Gas & Consumable Fuels industry. OKEA has an excellent profitability rating, but there are some minor concerns on its financial health. OKEA is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year OKEA was profitable.
In the past year OKEA has reported a negative cash flow from operations.
The reported net income has been mixed in the past 5 years: OKEA reported negative net income in multiple years.
In the past 5 years OKEA always reported a positive cash flow from operatings.
1.2 Ratios
OKEA has a Return On Assets of 7.58%. This is in the better half of the industry: OKEA outperforms 67.74% of its industry peers.
With an excellent Return On Equity value of 111.32%, OKEA belongs to the best of the industry, outperforming 98.39% of the companies in the same industry.
OKEA has a better Return On Invested Capital (67.47%) than 98.39% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OKEA is significantly above the industry average of 14.65%.
The last Return On Invested Capital (67.47%) for OKEA is above the 3 year average (23.72%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.58% | ||
| ROE | 111.32% | ||
| ROIC | 67.47% |
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
OKEA has a worse Profit Margin (4.44%) than 67.74% of its industry peers.
In the last couple of years the Profit Margin of OKEA has declined.
OKEA's Operating Margin of 38.63% is amongst the best of the industry. OKEA outperforms 85.48% of its industry peers.
In the last couple of years the Operating Margin of OKEA has grown nicely.
Looking at the Gross Margin, with a value of 65.83%, OKEA is in the better half of the industry, outperforming 72.58% of the companies in the same industry.
OKEA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.63% | ||
| PM (TTM) | 4.44% | ||
| GM | 65.83% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), OKEA is creating value.
The number of shares outstanding for OKEA remains at a similar level compared to 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 4.61. This indicates that OKEA is financially healthy and has little risk of bankruptcy at the moment.
OKEA has a Altman-Z score of 4.61. This is amongst the best in the industry. OKEA outperforms 88.71% of its industry peers.
OKEA has a Debt/Equity ratio of 2.04. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.04, OKEA is doing worse than 90.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.04 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.61 |
ROIC/WACC7.98
WACC8.45%
2.3 Liquidity
A Current Ratio of 1.33 indicates that OKEA should not have too much problems paying its short term obligations.
OKEA's Current ratio of 1.33 is in line compared to the rest of the industry. OKEA outperforms 46.77% of its industry peers.
A Quick Ratio of 1.20 indicates that OKEA should not have too much problems paying its short term obligations.
The Quick ratio of OKEA (1.20) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for OKEA have decreased strongly by -91.05% in the last year.
The earnings per share for OKEA have been decreasing by -60.68% on average. This is quite bad
OKEA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -65.29%.
The Revenue for OKEA have been decreasing by -18.40% on average. This is quite bad
EPS 1Y (TTM)-91.05%
EPS 3Y-60.68%
EPS 5YN/A
EPS Q2Q%30.51%
Revenue 1Y (TTM)-65.29%
Revenue growth 3Y-34.51%
Revenue growth 5Y-18.4%
Sales Q2Q%-15.19%
3.2 Future
Based on estimates for the next years, OKEA will show a very strong growth in Earnings Per Share. The EPS will grow by 47.41% on average per year.
Based on estimates for the next years, OKEA will show a very negative growth in Revenue. The Revenue will decrease by -13.09% on average per year.
EPS Next Y567.28%
EPS Next 2Y119.59%
EPS Next 3Y76%
EPS Next 5Y47.41%
Revenue Next Year-18.56%
Revenue Next 2Y-17.9%
Revenue Next 3Y-10.18%
Revenue Next 5Y-13.09%
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
A Price/Earnings ratio of 11.27 indicates a reasonable valuation of OKEA.
OKEA's Price/Earnings is on the same level as the industry average.
OKEA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.45.
Based on the Price/Forward Earnings ratio of 3.59, the valuation of OKEA can be described as very cheap.
96.77% of the companies in the same industry are more expensive than OKEA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.90. OKEA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.27 | ||
| Fwd PE | 3.59 |
4.2 Price Multiples
83.87% of the companies in the same industry are more expensive than OKEA, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.14 |
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 76.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y119.59%
EPS Next 3Y76%
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 56.57. OKEA pays more dividend than 85.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, OKEA pays a better dividend.
| 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 2Y119.59%
EPS Next 3Y76%
OSL:OKEA (7/4/2025, 7:00:00 PM)
17.36
-0.16 (-0.91%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners1.1%
Inst Owner ChangeN/A
Ins Owners3.22%
Ins Owner ChangeN/A
Market Cap1.80B
Analysts81.67
Price Target24.68 (42.17%)
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)2
Avg EPS beat(2)14.55%
Min EPS beat(2)2.28%
Max EPS beat(2)26.82%
EPS beat(4)3
Avg EPS beat(4)-90.06%
Min EPS beat(4)-452.02%
Max EPS beat(4)62.68%
EPS beat(8)6
Avg EPS beat(8)16.71%
EPS beat(12)8
Avg EPS beat(12)30%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.67%
Min Revenue beat(2)-0.66%
Max Revenue beat(2)2%
Revenue beat(4)2
Avg Revenue beat(4)1.26%
Min Revenue beat(4)-7.25%
Max Revenue beat(4)10.96%
Revenue beat(8)5
Avg Revenue beat(8)4.14%
Revenue beat(12)6
Avg Revenue beat(12)-1.93%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.97%
PT rev (3m)-14.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28.4%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.27 | ||
| Fwd PE | 3.59 | ||
| P/S | 0.56 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 14.13 | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.14 |
EPS(TTM)1.54
EY8.87%
EPS(NY)4.83
Fwd EY27.83%
FCF(TTM)-3.62
FCFYN/A
OCF(TTM)-7.18
OCFYN/A
SpS30.83
BVpS1.23
TBVpS-0.49
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.58% | ||
| ROE | 111.32% | ||
| ROCE | 87.62% | ||
| ROIC | 67.47% | ||
| ROICexc | 90.08% | ||
| ROICexgc | 108.35% | ||
| OM | 38.63% | ||
| PM (TTM) | 4.44% | ||
| GM | 65.83% | ||
| FCFM | N/A |
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%
ROICexcg growth 3YN/A
ROICexcg 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 Turnover1.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.04 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | -83.59% | ||
| Cap/Sales | 11.54% | ||
| Interest Coverage | -28.18 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 4.61 |
F-Score4
WACC8.45%
ROIC/WACC7.98
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)-91.05%
EPS 3Y-60.68%
EPS 5YN/A
EPS Q2Q%30.51%
EPS Next Y567.28%
EPS Next 2Y119.59%
EPS Next 3Y76%
EPS Next 5Y47.41%
Revenue 1Y (TTM)-65.29%
Revenue growth 3Y-34.51%
Revenue growth 5Y-18.4%
Sales Q2Q%-15.19%
Revenue Next Year-18.56%
Revenue Next 2Y-17.9%
Revenue Next 3Y-10.18%
Revenue Next 5Y-13.09%
EBIT growth 1Y-70.56%
EBIT growth 3Y-39.07%
EBIT growth 5Y-14.19%
EBIT Next Year22.21%
EBIT Next 3Y-3.24%
EBIT Next 5Y-6.45%
FCF growth 1Y-118.7%
FCF growth 3Y-63.89%
FCF growth 5Y-48.18%
OCF growth 1Y-120.78%
OCF growth 3Y-45.31%
OCF growth 5Y-27.9%