SCATEC ASA (SCATC.OL) Stock Fundamental Analysis
OSL:SCATC - Euronext Oslo - NO0010715139 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to SCATC. SCATC was compared to 22 industry peers in the Independent Power and Renewable Electricity Producers industry. There are concerns on the financial health of SCATC while its profitability can be described as average. SCATC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
SCATC had positive earnings in the past year.
In the past year SCATC had a positive cash flow from operations.
In multiple years SCATC reported negative net income over the last 5 years.
SCATC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SCATC's Return On Assets of 2.86% is amongst the best of the industry. SCATC outperforms 86.36% of its industry peers.
SCATC's Return On Equity of 12.33% is amongst the best of the industry. SCATC outperforms 90.91% of its industry peers.
The Return On Invested Capital of SCATC (3.86%) is better than 68.18% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SCATC is below the industry average of 6.06%.
The 3 year average ROIC (2.96%) for SCATC is below the current ROIC(3.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 12.33% | ||
| ROIC | 3.86% |
ROA(3y)0.24%
ROA(5y)0.02%
ROE(3y)1.13%
ROE(5y)0.43%
ROIC(3y)2.96%
ROIC(5y)3.3%
1.3 Margins
Looking at the Profit Margin, with a value of 29.98%, SCATC belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
In the last couple of years the Profit Margin of SCATC has grown nicely.
The Operating Margin of SCATC (47.06%) is better than 86.36% of its industry peers.
SCATC's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.06% | ||
| PM (TTM) | 29.98% | ||
| GM | N/A |
OM growth 3Y2.82%
OM growth 5Y-1.73%
PM growth 3Y32.88%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SCATC is destroying value.
The number of shares outstanding for SCATC remains at a similar level compared to 1 year ago.
The number of shares outstanding for SCATC has been increased compared to 5 years ago.
Compared to 1 year ago, SCATC has an improved debt to assets ratio.
2.2 Solvency
SCATC has an Altman-Z score of 0.49. This is a bad value and indicates that SCATC is not financially healthy and even has some risk of bankruptcy.
SCATC's Altman-Z score of 0.49 is on the low side compared to the rest of the industry. SCATC is outperformed by 63.64% of its industry peers.
A Debt/Equity ratio of 2.43 is on the high side and indicates that SCATC has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.43, SCATC is doing worse than 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.49 |
ROIC/WACC0.54
WACC7.16%
2.3 Liquidity
A Current Ratio of 1.11 indicates that SCATC should not have too much problems paying its short term obligations.
SCATC has a Current ratio (1.11) which is in line with its industry peers.
SCATC has a Quick Ratio of 1.11. This is a normal value and indicates that SCATC is financially healthy and should not expect problems in meeting its short term obligations.
SCATC has a Quick ratio (1.11) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
SCATC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 108.08%, which is quite impressive.
SCATC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 50.44% yearly.
SCATC shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.54%.
The Revenue has been growing by 19.27% on average over the past years. This is quite good.
EPS 1Y (TTM)108.08%
EPS 3Y50.44%
EPS 5YN/A
EPS Q2Q%-131.79%
Revenue 1Y (TTM)28.54%
Revenue growth 3Y12.87%
Revenue growth 5Y19.27%
Sales Q2Q%-29%
3.2 Future
SCATC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -27.61% yearly.
Based on estimates for the next years, SCATC will show a quite strong growth in Revenue. The Revenue will grow by 10.53% on average per year.
EPS Next Y-56.48%
EPS Next 2Y-43.43%
EPS Next 3Y-11.32%
EPS Next 5Y-27.61%
Revenue Next Year-8.75%
Revenue Next 2Y-4.52%
Revenue Next 3Y3.69%
Revenue Next 5Y10.53%
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 decreasing.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
SCATC is valuated reasonably with a Price/Earnings ratio of 9.10.
Based on the Price/Earnings ratio, SCATC is valued cheaper than 86.36% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.35, SCATC is valued rather cheaply.
With a Price/Forward Earnings ratio of 20.91, SCATC is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as SCATC.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, SCATC is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.1 | ||
| Fwd PE | 20.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SCATC is valued a bit cheaper than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.17 |
4.3 Compensation for Growth
The decent profitability rating of SCATC may justify a higher PE ratio.
SCATC's earnings are expected to decrease with -11.32% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-43.43%
EPS Next 3Y-11.32%
5. Dividend
5.1 Amount
SCATC has a Yearly Dividend Yield of 2.81%.
Compared to an average industry Dividend Yield of 4.02, SCATC pays a bit more dividend than its industry peers.
SCATC's Dividend Yield is a higher than the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
5.2 History
The dividend of SCATC has a limited annual growth rate of 0.64%.
Dividend Growth(5Y)0.64%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
30.15% of the earnings are spent on dividend by SCATC. This is a low number and sustainable payout ratio.
DP30.15%
EPS Next 2Y-43.43%
EPS Next 3Y-11.32%
OSL:SCATC (3/10/2025, 11:25:46 AM)
75
+0.15 (+0.2%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners52.03%
Inst Owner ChangeN/A
Ins Owners0.83%
Ins Owner ChangeN/A
Market Cap11.92B
Analysts84.21
Price Target99.31 (32.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
Yearly Dividend2.49
Dividend Growth(5Y)0.64%
DP30.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)110.69%
Min EPS beat(2)-205.37%
Max EPS beat(2)426.75%
EPS beat(4)1
Avg EPS beat(4)-128.09%
Min EPS beat(4)-606.24%
Max EPS beat(4)426.75%
EPS beat(8)3
Avg EPS beat(8)-21.3%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-6.6%
Min Revenue beat(2)-45.72%
Max Revenue beat(2)32.51%
Revenue beat(4)1
Avg Revenue beat(4)-11.32%
Min Revenue beat(4)-45.72%
Max Revenue beat(4)32.51%
Revenue beat(8)2
Avg Revenue beat(8)-15.89%
Revenue beat(12)2
Avg Revenue beat(12)-25.52%
Revenue beat(16)2
Avg Revenue beat(16)-27.21%
PT rev (1m)1.74%
PT rev (3m)1.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-109.05%
EPS NY rev (1m)-17.19%
EPS NY rev (3m)40.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.79%
Revenue NY rev (1m)-11.06%
Revenue NY rev (3m)2.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.1 | ||
| Fwd PE | 20.91 | ||
| P/S | 2.73 | ||
| P/FCF | N/A | ||
| P/OCF | 3.85 | ||
| P/B | 1.12 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 10.17 |
EPS(TTM)8.24
EY10.99%
EPS(NY)3.59
Fwd EY4.78%
FCF(TTM)-1.09
FCFYN/A
OCF(TTM)19.48
OCFY25.97%
SpS27.49
BVpS66.88
TBVpS63.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 12.33% | ||
| ROCE | 5.28% | ||
| ROIC | 3.86% | ||
| ROICexc | 4.26% | ||
| ROICexgc | 4.32% | ||
| OM | 47.06% | ||
| PM (TTM) | 29.98% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)0.24%
ROA(5y)0.02%
ROE(3y)1.13%
ROE(5y)0.43%
ROIC(3y)2.96%
ROIC(5y)3.3%
ROICexc(3y)3.28%
ROICexc(5y)4%
ROICexgc(3y)3.34%
ROICexgc(5y)4.08%
ROCE(3y)3.97%
ROCE(5y)4.4%
ROICexcg growth 3Y2.09%
ROICexcg growth 5Y-0.6%
ROICexc growth 3Y3.07%
ROICexc growth 5Y-0.88%
OM growth 3Y2.82%
OM growth 5Y-1.73%
PM growth 3Y32.88%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.43 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.7 | ||
| Cap/Depr | 252.55% | ||
| Cap/Sales | 74.8% | ||
| Interest Coverage | 0.87 | ||
| Cash Conversion | 92.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 0.49 |
F-Score8
WACC7.16%
ROIC/WACC0.54
Cap/Depr(3y)373.15%
Cap/Depr(5y)291.23%
Cap/Sales(3y)117.06%
Cap/Sales(5y)89.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)108.08%
EPS 3Y50.44%
EPS 5YN/A
EPS Q2Q%-131.79%
EPS Next Y-56.48%
EPS Next 2Y-43.43%
EPS Next 3Y-11.32%
EPS Next 5Y-27.61%
Revenue 1Y (TTM)28.54%
Revenue growth 3Y12.87%
Revenue growth 5Y19.27%
Sales Q2Q%-29%
Revenue Next Year-8.75%
Revenue Next 2Y-4.52%
Revenue Next 3Y3.69%
Revenue Next 5Y10.53%
EBIT growth 1Y50.29%
EBIT growth 3Y16.05%
EBIT growth 5Y17.21%
EBIT Next Year19.95%
EBIT Next 3Y29.19%
EBIT Next 5Y15.09%
FCF growth 1Y96.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y42.5%
OCF growth 3Y14.31%
OCF growth 5Y10.72%