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AVANCE GAS HOLDING LTD (AGAS.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:AGAS - BMG067231032 - Common Stock

0.24 NOK
+0.1 (+77.78%)
Last: 8/22/2025, 7:00:00 PM
Fundamental Rating

7

Taking everything into account, AGAS scores 7 out of 10 in our fundamental rating. AGAS was compared to 72 industry peers in the Oil, Gas & Consumable Fuels industry. AGAS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AGAS has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

AGAS had negative earnings in the past year.
AGAS had a positive operating cash flow in the past year.
In the past 5 years AGAS has always been profitable.
In the past 5 years AGAS always reported a positive cash flow from operatings.
AGAS.OL Yearly Net Income VS EBIT VS OCF VS FCFAGAS.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M

1.2 Ratios

AGAS has a Return On Assets of 791.70%. This is amongst the best in the industry. AGAS outperforms 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 800.23%, AGAS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
AGAS has a better Return On Invested Capital (171.64%) than 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AGAS is significantly above the industry average of 8.96%.
The last Return On Invested Capital (171.64%) for AGAS is above the 3 year average (14.61%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 791.7%
ROE 800.23%
ROIC 171.64%
ROA(3y)39.79%
ROA(5y)26.13%
ROE(3y)46.48%
ROE(5y)32.21%
ROIC(3y)14.61%
ROIC(5y)10.56%
AGAS.OL Yearly ROA, ROE, ROICAGAS.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

1.3 Margins

AGAS has a better Profit Margin (166.72%) than 100.00% of its industry peers.
In the last couple of years the Profit Margin of AGAS has grown nicely.
The Operating Margin of AGAS (46.44%) is better than 93.55% of its industry peers.
AGAS's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 73.74%, AGAS is doing good in the industry, outperforming 79.03% of the companies in the same industry.
AGAS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 46.44%
PM (TTM) 166.72%
GM 73.74%
OM growth 3Y28.88%
OM growth 5Y7.07%
PM growth 3Y115.33%
PM growth 5Y46.77%
GM growth 3Y2.79%
GM growth 5Y1.24%
AGAS.OL Yearly Profit, Operating, Gross MarginsAGAS.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 100 150

9

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AGAS is creating value.
Compared to 1 year ago, AGAS has about the same amount of shares outstanding.
AGAS has more shares outstanding than it did 5 years ago.
There is no outstanding debt for AGAS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
AGAS.OL Yearly Shares OutstandingAGAS.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
AGAS.OL Yearly Total Debt VS Total AssetsAGAS.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

An Altman-Z score of 8.01 indicates that AGAS is not in any danger for bankruptcy at the moment.
AGAS has a better Altman-Z score (8.01) than 95.16% of its industry peers.
There is no outstanding debt for AGAS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 8.01
ROIC/WACC19.66
WACC8.73%
AGAS.OL Yearly LT Debt VS Equity VS FCFAGAS.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

A Current Ratio of 93.80 indicates that AGAS has no problem at all paying its short term obligations.
AGAS has a Current ratio of 93.80. This is amongst the best in the industry. AGAS outperforms 100.00% of its industry peers.
A Quick Ratio of 93.80 indicates that AGAS has no problem at all paying its short term obligations.
AGAS has a better Quick ratio (93.80) than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 93.8
Quick Ratio 93.8
AGAS.OL Yearly Current Assets VS Current LiabilitesAGAS.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

3

3. Growth

3.1 Past

AGAS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -115.85%.
The earnings per share for AGAS have been decreasing by -12.54% on average. This is quite bad
The Revenue for AGAS has decreased by -25.58% in the past year. This is quite bad
AGAS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.06% yearly.
EPS 1Y (TTM)-115.85%
EPS 3Y-2.13%
EPS 5Y-12.54%
EPS Q2Q%-105.01%
Revenue 1Y (TTM)-25.58%
Revenue growth 3Y11.39%
Revenue growth 5Y3.06%
Sales Q2Q%-99.9%

3.2 Future

The Earnings Per Share is expected to grow by 62.85% on average over the next years. This is a very strong growth
Based on estimates for the next years, AGAS will show a very negative growth in Revenue. The Revenue will decrease by -52.68% on average per year.
EPS Next Y-102.27%
EPS Next 2Y62.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.71%
Revenue Next 2Y-52.68%
Revenue Next 3YN/A
Revenue Next 5YN/A

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 decreasing: in the next years the growth will be less than in the last years.
AGAS.OL Yearly Revenue VS EstimatesAGAS.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M
AGAS.OL Yearly EPS VS EstimatesAGAS.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 1 2

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for AGAS. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 0.02 indicates a rather cheap valuation of AGAS.
Based on the Price/Forward Earnings ratio, AGAS is valued cheaper than 100.00% of the companies in the same industry.
AGAS is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 0.02
AGAS.OL Price Earnings VS Forward Price EarningsAGAS.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 5 10 15 20 25

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, AGAS is valued cheaper than 100.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 0.34
EV/EBITDA -0.16
AGAS.OL Per share dataAGAS.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

The excellent profitability rating of AGAS may justify a higher PE ratio.
AGAS's earnings are expected to grow with 62.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.85%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

AGAS does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

AVANCE GAS HOLDING LTD

OSL:AGAS (8/22/2025, 7:00:00 PM)

0.24

+0.1 (+77.78%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)08-29 2025-08-29
Earnings (Next)11-28 2025-11-28
Inst Owners3.6%
Inst Owner ChangeN/A
Ins Owners0.34%
Ins Owner ChangeN/A
Market Cap18.58M
Revenue(TTM)291.29M
Net Income(TTM)485.64M
Analysts44
Price Target40.8 (16900%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend67.11
Dividend Growth(5Y)54.2%
DP106.61%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-534.72%
Min EPS beat(2)-577.28%
Max EPS beat(2)-492.16%
EPS beat(4)0
Avg EPS beat(4)-282.43%
Min EPS beat(4)-577.28%
Max EPS beat(4)-19.92%
EPS beat(8)2
Avg EPS beat(8)-140.5%
EPS beat(12)4
Avg EPS beat(12)-93.12%
EPS beat(16)6
Avg EPS beat(16)-77.14%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-34.96%
PT rev (3m)-34.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)24.98%
EPS NY rev (3m)24.98%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 0.02
P/S 0.01
P/FCF 0.34
P/OCF 0.02
P/B 0.03
P/tB 0.03
EV/EBITDA -0.16
EPS(TTM)-3.91
EYN/A
EPS(NY)12.02
Fwd EY5010.25%
FCF(TTM)0.71
FCFY295.99%
OCF(TTM)11.57
OCFY4822.71%
SpS37.9
BVpS7.9
TBVpS7.9
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 791.7%
ROE 800.23%
ROCE 222.91%
ROIC 171.64%
ROICexc 288.35%
ROICexgc 288.35%
OM 46.44%
PM (TTM) 166.72%
GM 73.74%
FCFM 1.87%
ROA(3y)39.79%
ROA(5y)26.13%
ROE(3y)46.48%
ROE(5y)32.21%
ROIC(3y)14.61%
ROIC(5y)10.56%
ROICexc(3y)65.16%
ROICexc(5y)41.09%
ROICexgc(3y)65.16%
ROICexgc(5y)41.09%
ROCE(3y)18.98%
ROCE(5y)13.72%
ROICexgc growth 3Y233.7%
ROICexgc growth 5Y81.07%
ROICexc growth 3Y233.7%
ROICexc growth 5Y81.07%
OM growth 3Y28.88%
OM growth 5Y7.07%
PM growth 3Y115.33%
PM growth 5Y46.77%
GM growth 3Y2.79%
GM growth 5Y1.24%
F-Score6
Asset Turnover4.75
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 553.85%
Cap/Sales 28.66%
Interest Coverage 250
Cash Conversion 59.16%
Profit Quality 1.12%
Current Ratio 93.8
Quick Ratio 93.8
Altman-Z 8.01
F-Score6
WACC8.73%
ROIC/WACC19.66
Cap/Depr(3y)427.67%
Cap/Depr(5y)313.86%
Cap/Sales(3y)52.48%
Cap/Sales(5y)43.64%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-115.85%
EPS 3Y-2.13%
EPS 5Y-12.54%
EPS Q2Q%-105.01%
EPS Next Y-102.27%
EPS Next 2Y62.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-25.58%
Revenue growth 3Y11.39%
Revenue growth 5Y3.06%
Sales Q2Q%-99.9%
Revenue Next Year1.71%
Revenue Next 2Y-52.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-36.37%
EBIT growth 3Y43.56%
EBIT growth 5Y10.35%
EBIT Next Year-104.4%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-84.84%
FCF growth 3Y77.42%
FCF growth 5Y-1.46%
OCF growth 1Y-32.07%
OCF growth 3Y41.04%
OCF growth 5Y19.53%

AVANCE GAS HOLDING LTD / AGAS.OL FAQ

What is the ChartMill fundamental rating of AVANCE GAS HOLDING LTD (AGAS.OL) stock?

ChartMill assigns a fundamental rating of 6 / 10 to AGAS.OL.


What is the valuation status for AGAS stock?

ChartMill assigns a valuation rating of 6 / 10 to AVANCE GAS HOLDING LTD (AGAS.OL). This can be considered as Fairly Valued.


Can you provide the profitability details for AVANCE GAS HOLDING LTD?

AVANCE GAS HOLDING LTD (AGAS.OL) has a profitability rating of 8 / 10.


How financially healthy is AVANCE GAS HOLDING LTD?

The financial health rating of AVANCE GAS HOLDING LTD (AGAS.OL) is 9 / 10.


What is the expected EPS growth for AVANCE GAS HOLDING LTD (AGAS.OL) stock?

The Earnings per Share (EPS) of AVANCE GAS HOLDING LTD (AGAS.OL) is expected to decline by -102.27% in the next year.