OKEA ASA (OKEA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:OKEA - NO0010816895 - Common Stock
23.9 NOK
+0.45 (+1.92%)
Overall OKEA gets a fundamental rating of 5 out of 10. We evaluated OKEA against 75 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 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.
- In the past year OKEA had a positive cash flow from operations.
- In multiple years OKEA reported negative net income over the last 5 years.
- Each year in the past 5 years OKEA had a positive operating cash flow.
1.2 Ratios
- OKEA has a Return On Assets of -1.59%. This is in the lower half of the industry: OKEA underperforms 78.67% of its industry peers.
- OKEA has a Return On Equity of -40.22%. This is amonst the worse of the industry: OKEA underperforms 90.67% of its industry peers.
- The Return On Invested Capital of OKEA (16.57%) is better than 94.67% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for OKEA 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.
- OKEA's Operating Margin of 34.40% is amongst the best of the industry. OKEA outperforms 89.33% of its industry peers.
- OKEA's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 67.41%, OKEA is in the better half of the industry, outperforming 77.33% of the companies in the same industry.
- OKEA's Gross Margin has declined in the last couple of years.
| 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
- OKEA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
- 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.
- The Altman-Z score of OKEA (1.16) is worse than 72.00% of its industry peers.
- OKEA has a debt to FCF ratio of 17.12. This is a negative value and a sign of low solvency as OKEA would need 17.12 years to pay back of 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 Debt to Equity ratio of 4.08. This is amonst the worse of the industry: OKEA underperforms 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 of 1.41. This is comparable to the rest of the industry: OKEA outperforms 53.33% of its industry peers.
- A Quick Ratio of 1.26 indicates that OKEA should not have too much problems paying its short term obligations.
- OKEA has a Quick ratio of 1.26. This is in the better half of the industry: OKEA outperforms 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 263.25% over the past year.
- 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%.
- Measured over the past years, OKEA shows a very negative growth in Revenue. The Revenue has been decreasing by -18.17% on average per year.
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
- Based on estimates for the next years, OKEA will show a very strong growth in Earnings Per Share. The EPS will grow by 52.03% on average per year.
- 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
- 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
- A Price/Earnings ratio of 1.51 indicates a rather cheap valuation of OKEA.
- Based on the Price/Earnings ratio, OKEA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.38. OKEA is valued rather cheaply when compared to this.
- OKEA is valuated cheaply with a Price/Forward Earnings ratio of 4.68.
- Based on the Price/Forward Earnings ratio, OKEA is valued cheaply inside the industry as 98.67% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.29, OKEA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.51 | ||
| Fwd PE | 4.68 |
4.2 Price Multiples
- 100.00% of the companies in the same industry are more expensive than OKEA, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, OKEA is valued a bit cheaper than 62.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.51 | ||
| 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.
- OKEA has a very decent profitability rating, which 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.
- 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 1.84.
| 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, 4:18:35 PM)
23.9
+0.45 (+1.92%)
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 | 1.51 | ||
| Fwd PE | 4.68 | ||
| P/S | 0.28 | ||
| P/FCF | 13.51 | ||
| P/OCF | 0.59 | ||
| P/B | 3.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 0.19 |
EPS(TTM)15.79
EY66.07%
EPS(NY)5.1
Fwd EY21.35%
FCF(TTM)1.77
FCFY7.4%
OCF(TTM)40.37
OCFY168.92%
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 1.51 and the Price/Book (PB) ratio is 3.26.
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%.