OKEA ASA (OKEA.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:OKEA - NO0010816895 - Common Stock
19.76 NOK
+0.04 (+0.2%)
Taking everything into account, OKEA scores 4 out of 10 in our fundamental rating. OKEA was compared to 68 industry peers in the Oil, Gas & Consumable Fuels industry. OKEA has a medium profitability rating, but doesn't score so well on its financial health evaluation. OKEA has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
OKEA had positive earnings in the past year.
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.
OKEA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.68%, OKEA is not doing good in the industry: 61.76% of the companies in the same industry are doing better.
The Return On Equity of OKEA (30.15%) is better than 95.59% of its industry peers.
OKEA has a better Return On Invested Capital (19.37%) than 94.12% 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 9.16%.
The 3 year average ROIC (23.72%) for OKEA is well above the current ROIC(19.37%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.68% | ||
| ROE | 30.15% | ||
| ROIC | 19.37% |
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 (3.52%) than 61.76% of its industry peers.
OKEA's Profit Margin has declined in the last couple of years.
OKEA's Operating Margin of 39.13% is amongst the best of the industry. OKEA outperforms 91.18% of its industry peers.
In the last couple of years the Operating Margin of OKEA has grown nicely.
OKEA's Gross Margin of 69.77% is fine compared to the rest of the industry. OKEA outperforms 79.41% of its industry peers.
OKEA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.13% | ||
| PM (TTM) | 3.52% | ||
| GM | 69.77% |
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.
Compared to 1 year ago, OKEA has about the same amount of shares outstanding.
Compared to 5 years ago, OKEA has more shares outstanding
Compared to 1 year ago, OKEA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.26, we must say that OKEA is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.26, OKEA is doing worse than 63.24% of the companies in the same industry.
OKEA has a Debt/Equity ratio of 2.75. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.75, OKEA is not doing good in the industry: 85.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.75 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.26 |
ROIC/WACC2.31
WACC8.4%
2.3 Liquidity
A Current Ratio of 1.38 indicates that OKEA should not have too much problems paying its short term obligations.
The Current ratio of OKEA (1.38) 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.
OKEA has a Quick ratio of 1.26. This is in the better half of the industry: OKEA outperforms 67.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
OKEA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.41%.
The earnings per share for OKEA have been decreasing by -60.55% on average. This is quite bad
The Revenue has grown by 25.76% in the past year. This is a very strong growth!
OKEA shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -18.24% yearly.
EPS 1Y (TTM)-11.41%
EPS 3Y-60.55%
EPS 5YN/A
EPS Q2Q%116.68%
Revenue 1Y (TTM)25.76%
Revenue growth 3Y-34.29%
Revenue growth 5Y-18.24%
Sales Q2Q%-92.58%
3.2 Future
OKEA is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -17.33% yearly.
Based on estimates for the next years, OKEA will show a very negative growth in Revenue. The Revenue will decrease by -11.30% on average per year.
EPS Next Y-64.12%
EPS Next 2Y-27.07%
EPS Next 3Y-16.47%
EPS Next 5Y-17.33%
Revenue Next Year-15.93%
Revenue Next 2Y-10.32%
Revenue Next 3Y-7.19%
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
The Price/Earnings ratio is 0.47, which indicates a rather cheap valuation of OKEA.
Based on the Price/Earnings ratio, OKEA is valued cheaper than 100.00% of the companies in the same industry.
OKEA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
Based on the Price/Forward Earnings ratio of 3.61, the valuation of OKEA can be described as very cheap.
Based on the Price/Forward Earnings ratio, OKEA is valued cheaply inside the industry as 98.53% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 35.79. OKEA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 0.47 | ||
| Fwd PE | 3.61 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
OKEA has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as OKEA's earnings are expected to decrease with -16.47% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.07%
EPS Next 3Y-16.47%
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 53.12, OKEA pays a better dividend. On top of this OKEA pays more dividend than 91.18% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, 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 2Y-27.07%
EPS Next 3Y-16.47%
OSL:OKEA (11/26/2025, 4:17:39 PM)
19.76
+0.04 (+0.2%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners1.66%
Inst Owner ChangeN/A
Ins Owners3.22%
Ins Owner ChangeN/A
Market Cap2.05B
Revenue(TTM)1.07B
Net Income(TTM)33.77M
Analysts80
Price Target22.64 (14.57%)
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)0
Avg EPS beat(2)-46.35%
Min EPS beat(2)-84.29%
Max EPS beat(2)-8.4%
EPS beat(4)1
Avg EPS beat(4)-129.47%
Min EPS beat(4)-452.02%
Max EPS beat(4)26.82%
EPS beat(8)4
Avg EPS beat(8)-11.78%
EPS beat(12)7
Avg EPS beat(12)26.98%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-2.51%
Min Revenue beat(2)-6.59%
Max Revenue beat(2)1.57%
Revenue beat(4)3
Avg Revenue beat(4)1.99%
Min Revenue beat(4)-6.59%
Max Revenue beat(4)10.96%
Revenue beat(8)6
Avg Revenue beat(8)4.24%
Revenue beat(12)7
Avg Revenue beat(12)2.1%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-5.13%
PT rev (3m)-5.13%
EPS NQ rev (1m)-32.89%
EPS NQ rev (3m)-93.31%
EPS NY rev (1m)-7.36%
EPS NY rev (3m)-94.62%
Revenue NQ rev (1m)-0.49%
Revenue NQ rev (3m)-90.08%
Revenue NY rev (1m)-3.19%
Revenue NY rev (3m)-90.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 0.47 | ||
| Fwd PE | 3.61 | ||
| P/S | 0.21 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)42.36
EY214.37%
EPS(NY)5.47
Fwd EY27.66%
FCF(TTM)-24.81
FCFYN/A
OCF(TTM)-140.07
OCFYN/A
SpS94.77
BVpS11.06
TBVpS-2.86
PEG (NY)N/A
PEG (5Y)N/A
Graham Number102.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.68% | ||
| ROE | 30.15% | ||
| ROCE | 25.15% | ||
| ROIC | 19.37% | ||
| ROICexc | 23.83% | ||
| ROICexgc | 26.96% | ||
| OM | 39.13% | ||
| PM (TTM) | 3.52% | ||
| GM | 69.77% | ||
| 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%
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 Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.75 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | -106.66% | ||
| Cap/Sales | 121.63% | ||
| Interest Coverage | -7.69 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 1.26 |
F-Score4
WACC8.4%
ROIC/WACC2.31
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)-11.41%
EPS 3Y-60.55%
EPS 5YN/A
EPS Q2Q%116.68%
EPS Next Y-64.12%
EPS Next 2Y-27.07%
EPS Next 3Y-16.47%
EPS Next 5Y-17.33%
Revenue 1Y (TTM)25.76%
Revenue growth 3Y-34.29%
Revenue growth 5Y-18.24%
Sales Q2Q%-92.58%
Revenue Next Year-15.93%
Revenue Next 2Y-10.32%
Revenue Next 3Y-7.19%
Revenue Next 5Y-11.3%
EBIT growth 1Y-91.27%
EBIT growth 3Y-38.86%
EBIT growth 5Y-14.02%
EBIT Next Year31.51%
EBIT Next 3Y9.89%
EBIT Next 5Y-4.54%
FCF growth 1Y-110.4%
FCF growth 3Y-63.77%
FCF growth 5Y-48.08%
OCF growth 1Y-133.06%
OCF growth 3Y-45.13%
OCF growth 5Y-27.76%
OKEA ASA / OKEA.OL FAQ
What is the ChartMill fundamental rating of OKEA ASA (OKEA.OL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to OKEA.OL.
What is the valuation status for OKEA stock?
ChartMill assigns a valuation rating of 5 / 10 to OKEA ASA (OKEA.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for OKEA ASA?
OKEA ASA (OKEA.OL) has a profitability rating of 6 / 10.
Can you provide the financial health for OKEA stock?
The financial health rating of OKEA ASA (OKEA.OL) is 2 / 10.
Can you provide the dividend sustainability for OKEA stock?
The dividend rating of OKEA ASA (OKEA.OL) is 6 / 10 and the dividend payout ratio is 0%.