OKEA ASA (OKEA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:OKEA - NO0010816895 - Common Stock
23.9 NOK
-0.05 (-0.21%)
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 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.
- In the past year OKEA had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: OKEA reported negative net income in multiple years.
- OKEA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of OKEA (-1.59%) is worse than 78.67% of its industry peers.
- Looking at the Return On Equity, with a value of -40.22%, OKEA is doing worse than 90.67% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 16.57%, OKEA belongs to the top of the industry, outperforming 94.67% of the companies in the same industry.
- 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 last Return On Invested Capital (16.57%) for OKEA is well below the 3 year average (23.72%), which needs to be investigated, but indicates that OKEA had better years and this may not be a problem.
| 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.
- With an excellent Operating Margin value of 34.40%, OKEA belongs to the best of the industry, outperforming 89.33% of the companies in the same industry.
- OKEA's Operating Margin has improved in the last couple of years.
- 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
- 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.
- The debt/assets ratio for OKEA is higher compared to a year ago.
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 has a Altman-Z score of 1.16. This is in the lower half of the industry: OKEA underperforms 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 worse Debt to FCF ratio (17.12) than 69.33% of its industry peers.
- A Debt/Equity ratio of 4.08 is on the high side and indicates that OKEA has dependencies on debt financing.
- With a Debt to Equity ratio value of 4.08, OKEA is not doing good in the industry: 94.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.08 | ||
| Debt/FCF | 17.12 | ||
| Altman-Z | 1.16 |
ROIC/WACC1.97
WACC8.43%
2.3 Liquidity
- A Current Ratio of 1.41 indicates that OKEA should not have too much problems paying its short term obligations.
- The Current ratio of OKEA (1.41) 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.
- The Quick ratio of OKEA (1.26) is better 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.
- OKEA shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -60.49% yearly.
- OKEA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -89.08%.
- OKEA shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -18.17% yearly.
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.
- 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 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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 1.53, 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.
- Compared to an average S&P500 Price/Earnings ratio of 27.32, OKEA is valued rather cheaply.
- OKEA is valuated cheaply with a Price/Forward Earnings ratio of 4.73.
- Based on the Price/Forward Earnings ratio, OKEA is valued cheaply inside the industry as 98.67% of the companies are valued more expensively.
- OKEA is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.53 | ||
| Fwd PE | 4.73 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OKEA indicates a rather cheap valuation: OKEA is cheaper than 100.00% of the companies listed in the same industry.
- 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 | 13.64 | ||
| EV/EBITDA | 0.21 |
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.
- OKEA has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as OKEA's earnings are expected to grow with 87.36% in the coming years.
PEG (NY)0
PEG (5Y)N/A
EPS Next 2Y140.29%
EPS Next 3Y87.36%
5. Dividend
5.1 Amount
- OKEA has a Yearly Dividend Yield of 10.96%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.11, OKEA pays a better dividend. On top of this OKEA pays more dividend than 94.67% of the companies listed in the same industry.
- OKEA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.86.
| 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 (1/21/2026, 4:19:16 PM)
23.9
-0.05 (-0.21%)
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 Cap2.48B
Revenue(TTM)894.00M
Net Income(TTM)-30.36M
Analysts80
Price Target24.07 (0.71%)
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 | 1.53 | ||
| Fwd PE | 4.73 | ||
| P/S | 0.28 | ||
| P/FCF | 13.64 | ||
| P/OCF | 0.6 | ||
| P/B | 3.29 | ||
| P/tB | N/A | ||
| EV/EBITDA | 0.21 |
EPS(TTM)15.64
EY65.44%
EPS(NY)5.05
Fwd EY21.15%
FCF(TTM)1.75
FCFY7.33%
OCF(TTM)39.99
OCFY167.33%
SpS85.94
BVpS7.26
TBVpS-5.15
PEG (NY)0
PEG (5Y)N/A
Graham Number50.54
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
WACC8.43%
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 1.53 and the Price/Book (PB) ratio is 3.29.
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%.