AKVA GROUP ASA (AKVA.OL) Stock Fundamental Analysis
OSL:AKVA - Euronext Oslo - NO0003097503 - Common Stock - Currency: NOK
AKVA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 104 industry peers in the Machinery industry. While AKVA is still in line with the averages on profitability rating, there are concerns on its financial health. AKVA is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year AKVA was profitable.
AKVA had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AKVA reported negative net income in multiple years.
Each year in the past 5 years AKVA had a positive operating cash flow.
1.2 Ratios
AKVA has a Return On Assets of 4.04%. This is comparable to the rest of the industry: AKVA outperforms 59.62% of its industry peers.
AKVA's Return On Equity of 12.80% is fine compared to the rest of the industry. AKVA outperforms 74.04% of its industry peers.
AKVA has a Return On Invested Capital of 8.04%. This is in the better half of the industry: AKVA outperforms 63.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.04% | ||
| ROE | 12.8% | ||
| ROIC | 8.04% |
ROA(3y)-0.31%
ROA(5y)0.44%
ROE(3y)-1.02%
ROE(5y)1.31%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AKVA has a Profit Margin of 4.38%. This is comparable to the rest of the industry: AKVA outperforms 52.88% of its industry peers.
In the last couple of years the Profit Margin of AKVA has grown nicely.
AKVA's Operating Margin of 7.64% is in line compared to the rest of the industry. AKVA outperforms 58.65% of its industry peers.
In the last couple of years the Operating Margin of AKVA has grown nicely.
The Gross Margin of AKVA (45.89%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of AKVA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.64% | ||
| PM (TTM) | 4.38% | ||
| GM | 45.89% |
OM growth 3Y35.57%
OM growth 5Y19.18%
PM growth 3Y115.68%
PM growth 5Y50.47%
GM growth 3Y4.17%
GM growth 5Y2.92%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AKVA is still creating some value.
The number of shares outstanding for AKVA has been reduced compared to 1 year ago.
The number of shares outstanding for AKVA has been increased compared to 5 years ago.
The debt/assets ratio for AKVA is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of AKVA is 8.29, which is on the high side as it means it would take AKVA, 8.29 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AKVA (8.29) is worse than 60.58% of its industry peers.
AKVA has a Debt/Equity ratio of 1.00. This is a neutral value indicating AKVA is somewhat dependend on debt financing.
AKVA has a Debt to Equity ratio of 1.00. This is in the lower half of the industry: AKVA underperforms 77.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 8.29 | ||
| Altman-Z | N/A |
ROIC/WACC1.22
WACC6.6%
2.3 Liquidity
A Current Ratio of 1.24 indicates that AKVA should not have too much problems paying its short term obligations.
With a Current ratio value of 1.24, AKVA is not doing good in the industry: 73.08% of the companies in the same industry are doing better.
A Quick Ratio of 0.72 indicates that AKVA may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.72, AKVA is doing worse than 78.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 942.86% over the past year.
The Earnings Per Share has been growing by 47.11% on average over the past years. This is a very strong growth
The Revenue has grown by 15.17% in the past year. This is quite good.
AKVA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.89% yearly.
EPS 1Y (TTM)942.86%
EPS 3Y111%
EPS 5Y47.11%
EPS Q2Q%792.31%
Revenue 1Y (TTM)15.17%
Revenue growth 3Y4.17%
Revenue growth 5Y2.89%
Sales Q2Q%29.14%
3.2 Future
Based on estimates for the next years, AKVA will show a very strong growth in Earnings Per Share. The EPS will grow by 28.21% on average per year.
The Revenue is expected to grow by 10.23% on average over the next years. This is quite good.
EPS Next Y11.87%
EPS Next 2Y23.2%
EPS Next 3Y23.9%
EPS Next 5Y28.21%
Revenue Next Year11.55%
Revenue Next 2Y11.93%
Revenue Next 3Y12.07%
Revenue Next 5Y10.23%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
Based on the Price/Earnings ratio of 20.87, the valuation of AKVA can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as AKVA.
Compared to an average S&P500 Price/Earnings ratio of 27.03, AKVA is valued a bit cheaper.
A Price/Forward Earnings ratio of 18.32 indicates a rather expensive valuation of AKVA.
The rest of the industry has a similar Price/Forward Earnings ratio as AKVA.
AKVA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.87 | ||
| Fwd PE | 18.32 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AKVA.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AKVA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.26 | ||
| EV/EBITDA | 9.13 |
4.3 Compensation for Growth
AKVA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AKVA's earnings are expected to grow with 23.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.76
PEG (5Y)0.44
EPS Next 2Y23.2%
EPS Next 3Y23.9%
5. Dividend
5.1 Amount
AKVA has a Yearly Dividend Yield of 1.19%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.45, AKVA has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, AKVA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y23.2%
EPS Next 3Y23.9%
OSL:AKVA (8/6/2025, 4:19:47 PM)
86.2
-1.8 (-2.05%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners17.49%
Inst Owner ChangeN/A
Ins Owners1.12%
Ins Owner ChangeN/A
Market Cap3.16B
Analysts84.44
Price Target113.22 (31.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
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)-53.04%
Min EPS beat(2)-167.39%
Max EPS beat(2)61.31%
EPS beat(4)3
Avg EPS beat(4)97.86%
Min EPS beat(4)-167.39%
Max EPS beat(4)425.75%
EPS beat(8)5
Avg EPS beat(8)139.4%
EPS beat(12)5
Avg EPS beat(12)-695.93%
EPS beat(16)6
Avg EPS beat(16)-526.22%
Revenue beat(2)0
Avg Revenue beat(2)-6.92%
Min Revenue beat(2)-11.23%
Max Revenue beat(2)-2.6%
Revenue beat(4)1
Avg Revenue beat(4)-2.69%
Min Revenue beat(4)-11.23%
Max Revenue beat(4)5.19%
Revenue beat(8)3
Avg Revenue beat(8)-2.17%
Revenue beat(12)5
Avg Revenue beat(12)-2.02%
Revenue beat(16)8
Avg Revenue beat(16)-1.83%
PT rev (1m)16.84%
PT rev (3m)30.59%
EPS NQ rev (1m)6.72%
EPS NQ rev (3m)6.72%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)73.38%
Revenue NQ rev (3m)73.38%
Revenue NY rev (1m)-1.51%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.87 | ||
| Fwd PE | 18.32 | ||
| P/S | 0.83 | ||
| P/FCF | 17.26 | ||
| P/OCF | 8.74 | ||
| P/B | 2.41 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.13 |
EPS(TTM)4.13
EY4.79%
EPS(NY)4.71
Fwd EY5.46%
FCF(TTM)4.99
FCFY5.79%
OCF(TTM)9.86
OCFY11.44%
SpS104.46
BVpS35.72
TBVpS-8
PEG (NY)1.76
PEG (5Y)0.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.04% | ||
| ROE | 12.8% | ||
| ROCE | 10.44% | ||
| ROIC | 8.04% | ||
| ROICexc | 8.64% | ||
| ROICexgc | 22.39% | ||
| OM | 7.64% | ||
| PM (TTM) | 4.38% | ||
| GM | 45.89% | ||
| FCFM | 4.78% |
ROA(3y)-0.31%
ROA(5y)0.44%
ROE(3y)-1.02%
ROE(5y)1.31%
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 3Y35.15%
ROICexcg growth 5Y20.25%
ROICexc growth 3Y25.31%
ROICexc growth 5Y15.43%
OM growth 3Y35.57%
OM growth 5Y19.18%
PM growth 3Y115.68%
PM growth 5Y50.47%
GM growth 3Y4.17%
GM growth 5Y2.92%
F-Score9
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 8.29 | ||
| Debt/EBITDA | 2.62 | ||
| Cap/Depr | 86.88% | ||
| Cap/Sales | 4.66% | ||
| Interest Coverage | 13.06 | ||
| Cash Conversion | 72.6% | ||
| Profit Quality | 109.21% | ||
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | N/A |
F-Score9
WACC6.6%
ROIC/WACC1.22
Cap/Depr(3y)95.76%
Cap/Depr(5y)77.06%
Cap/Sales(3y)5.64%
Cap/Sales(5y)4.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)942.86%
EPS 3Y111%
EPS 5Y47.11%
EPS Q2Q%792.31%
EPS Next Y11.87%
EPS Next 2Y23.2%
EPS Next 3Y23.9%
EPS Next 5Y28.21%
Revenue 1Y (TTM)15.17%
Revenue growth 3Y4.17%
Revenue growth 5Y2.89%
Sales Q2Q%29.14%
Revenue Next Year11.55%
Revenue Next 2Y11.93%
Revenue Next 3Y12.07%
Revenue Next 5Y10.23%
EBIT growth 1Y337.83%
EBIT growth 3Y41.23%
EBIT growth 5Y22.63%
EBIT Next Year136.62%
EBIT Next 3Y42.32%
EBIT Next 5Y33.92%
FCF growth 1Y573.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y69.73%
OCF growth 3Y38.33%
OCF growth 5Y-6.31%