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AKASTOR ASA (AKAST.OL) Stock Fundamental Analysis

OSL:AKAST - Euronext Oslo - NO0010215684 - Common Stock - Currency: NOK

12.36  -0.08 (-0.64%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to AKAST. AKAST was compared to 34 industry peers in the Energy Equipment & Services industry. AKAST has an excellent financial health rating, but there are some minor concerns on its profitability. AKAST has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

AKAST had positive earnings in the past year.
In the past year AKAST had a positive cash flow from operations.
In multiple years AKAST reported negative net income over the last 5 years.
In multiple years AKAST reported negative operating cash flow during the last 5 years.
AKAST.OL Yearly Net Income VS EBIT VS OCF VS FCFAKAST.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B -2B

1.2 Ratios

AKAST has a Return On Assets of 13.62%. This is amongst the best in the industry. AKAST outperforms 91.18% of its industry peers.
AKAST has a better Return On Equity (15.67%) than 67.65% of its industry peers.
AKAST has a Return On Invested Capital of 0.55%. This is amonst the worse of the industry: AKAST underperforms 82.35% of its industry peers.
Industry RankSector Rank
ROA 13.62%
ROE 15.67%
ROIC 0.55%
ROA(3y)5.41%
ROA(5y)4.53%
ROE(3y)4.92%
ROE(5y)4.27%
ROIC(3y)N/A
ROIC(5y)N/A
AKAST.OL Yearly ROA, ROE, ROICAKAST.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20

1.3 Margins

Looking at the Profit Margin, with a value of 243.26%, AKAST belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of AKAST has grown nicely.
With a Operating Margin value of 12.08%, AKAST is not doing good in the industry: 61.76% of the companies in the same industry are doing better.
With a decent Gross Margin value of 26.97%, AKAST is doing good in the industry, outperforming 64.71% of the companies in the same industry.
AKAST's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 12.08%
PM (TTM) 243.26%
GM 26.97%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y77.83%
PM growth 5Y213.61%
GM growth 3Y-21.44%
GM growth 5Y-8.67%
AKAST.OL Yearly Profit, Operating, Gross MarginsAKAST.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 400

7

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AKAST is destroying value.
AKAST has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, AKAST has more shares outstanding
The debt/assets ratio for AKAST has been reduced compared to a year ago.
AKAST.OL Yearly Shares OutstandingAKAST.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
AKAST.OL Yearly Total Debt VS Total AssetsAKAST.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

The Debt to FCF ratio of AKAST is 0.24, which is an excellent value as it means it would take AKAST, only 0.24 years of fcf income to pay off all of its debts.
AKAST has a better Debt to FCF ratio (0.24) than 91.18% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that AKAST is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.05, AKAST belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 0.24
Altman-Z N/A
ROIC/WACC0.05
WACC10.4%
AKAST.OL Yearly LT Debt VS Equity VS FCFAKAST.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B

2.3 Liquidity

A Current Ratio of 2.59 indicates that AKAST has no problem at all paying its short term obligations.
The Current ratio of AKAST (2.59) is better than 76.47% of its industry peers.
A Quick Ratio of 2.59 indicates that AKAST has no problem at all paying its short term obligations.
AKAST has a better Quick ratio (2.59) than 82.35% of its industry peers.
Industry RankSector Rank
Current Ratio 2.59
Quick Ratio 2.59
AKAST.OL Yearly Current Assets VS Current LiabilitesAKAST.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

3

3. Growth

3.1 Past

AKAST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 136.99%, which is quite impressive.
Measured over the past years, AKAST shows a very strong growth in Earnings Per Share. The EPS has been growing by 75.95% on average per year.
AKAST shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -58.41%.
AKAST shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -44.12% yearly.
EPS 1Y (TTM)136.99%
EPS 3Y21.55%
EPS 5Y75.95%
EPS Q2Q%-133.17%
Revenue 1Y (TTM)-58.41%
Revenue growth 3Y-31.61%
Revenue growth 5Y-44.12%
Sales Q2Q%76.74%

3.2 Future

The Earnings Per Share is expected to decrease by -51.20% on average over the next years. This is quite bad
The Revenue is expected to decrease by -32.24% on average over the next years. This is quite bad
EPS Next Y-90.48%
EPS Next 2Y-51.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-58.39%
Revenue Next 2Y-32.24%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less 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.
AKAST.OL Yearly Revenue VS EstimatesAKAST.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5B 10B 15B 20B
AKAST.OL Yearly EPS VS EstimatesAKAST.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2 -2 -4

4

4. Valuation

4.1 Price/Earnings Ratio

AKAST is valuated cheaply with a Price/Earnings ratio of 3.91.
AKAST's Price/Earnings ratio is rather cheap when compared to the industry. AKAST is cheaper than 91.18% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. AKAST is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 24.00, AKAST is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AKAST indicates a slightly more expensive valuation: AKAST is more expensive than 79.41% of the companies listed in the same industry.
AKAST is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 3.91
Fwd PE 24
AKAST.OL Price Earnings VS Forward Price EarningsAKAST.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

82.35% of the companies in the same industry are cheaper than AKAST, based on the Enterprise Value to EBITDA ratio.
91.18% of the companies in the same industry are more expensive than AKAST, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 1.97
EV/EBITDA 41.8
AKAST.OL Per share dataAKAST.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

AKAST's earnings are expected to decrease with -51.20% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.05
EPS Next 2Y-51.2%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

No dividends for AKAST!.
Industry RankSector Rank
Dividend Yield N/A

AKASTOR ASA

OSL:AKAST (7/11/2025, 7:00:00 PM)

12.36

-0.08 (-0.64%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)04-30 2025-04-30
Earnings (Next)07-10 2025-07-10
Inst Owners17.34%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap3.39B
Analysts86
Price Target21.42 (73.3%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)-2.48%
Min Revenue beat(2)-5.4%
Max Revenue beat(2)0.44%
Revenue beat(4)3
Avg Revenue beat(4)4.16%
Min Revenue beat(4)-5.4%
Max Revenue beat(4)11.13%
Revenue beat(8)4
Avg Revenue beat(8)-2.7%
Revenue beat(12)6
Avg Revenue beat(12)-13.46%
Revenue beat(16)9
Avg Revenue beat(16)-11.72%
PT rev (1m)-2.33%
PT rev (3m)-2.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 3.91
Fwd PE 24
P/S 9.51
P/FCF 1.97
P/OCF 1.87
P/B 0.61
P/tB 0.61
EV/EBITDA 41.8
EPS(TTM)3.16
EY25.57%
EPS(NY)0.52
Fwd EY4.17%
FCF(TTM)6.27
FCFY50.7%
OCF(TTM)6.6
OCFY53.39%
SpS1.3
BVpS20.18
TBVpS20.18
PEG (NY)N/A
PEG (5Y)0.05
Profitability
Industry RankSector Rank
ROA 13.62%
ROE 15.67%
ROCE 0.71%
ROIC 0.55%
ROICexc 0.58%
ROICexgc 0.58%
OM 12.08%
PM (TTM) 243.26%
GM 26.97%
FCFM 482.3%
ROA(3y)5.41%
ROA(5y)4.53%
ROE(3y)4.92%
ROE(5y)4.27%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y77.83%
PM growth 5Y213.61%
GM growth 3Y-21.44%
GM growth 5Y-8.67%
F-Score6
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 0.24
Debt/EBITDA 3.31
Cap/Depr 260%
Cap/Sales 25.56%
Interest Coverage 250
Cash Conversion 2317.95%
Profit Quality 198.27%
Current Ratio 2.59
Quick Ratio 2.59
Altman-Z N/A
F-Score6
WACC10.4%
ROIC/WACC0.05
Cap/Depr(3y)202.64%
Cap/Depr(5y)136.86%
Cap/Sales(3y)20%
Cap/Sales(5y)16.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)136.99%
EPS 3Y21.55%
EPS 5Y75.95%
EPS Q2Q%-133.17%
EPS Next Y-90.48%
EPS Next 2Y-51.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-58.41%
Revenue growth 3Y-31.61%
Revenue growth 5Y-44.12%
Sales Q2Q%76.74%
Revenue Next Year-58.39%
Revenue Next 2Y-32.24%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-92.32%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-92.76%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y884.02%
FCF growth 3YN/A
FCF growth 5Y42.34%
OCF growth 1Y956.87%
OCF growth 3YN/A
OCF growth 5Y34.38%