AKVA GROUP ASA (AKVA.OL) Stock Fundamental Analysis
OSL:AKVA - Euronext Oslo - NO0003097503 - Common Stock - Currency: NOK
We assign a fundamental rating of 4 out of 10 to AKVA. AKVA was compared to 107 industry peers in the Machinery industry. AKVA has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
In the past year AKVA had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: AKVA reported negative net income in multiple years.
In the past 5 years AKVA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.04%, AKVA is in line with its industry, outperforming 57.94% of the companies in the same industry.
Looking at the Return On Equity, with a value of 12.80%, AKVA is in the better half of the industry, outperforming 73.83% of the companies in the same industry.
The Return On Invested Capital of AKVA (8.04%) is better than 65.42% 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
With a Profit Margin value of 4.38%, AKVA perfoms like the industry average, outperforming 53.27% of the companies in the same industry.
In the last couple of years the Profit Margin of AKVA has grown nicely.
With a Operating Margin value of 7.64%, AKVA perfoms like the industry average, outperforming 57.94% of the companies in the same industry.
AKVA's Operating Margin has improved in the last couple of years.
AKVA has a Gross Margin of 45.89%. This is comparable to the rest of the industry: AKVA outperforms 59.81% of its industry peers.
AKVA's Gross Margin has improved in the last couple of years.
| 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
AKVA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for AKVA has been reduced compared to 1 year ago.
Compared to 5 years ago, AKVA has more shares outstanding
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.
AKVA has a Debt to FCF ratio (8.29) which is in line with 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.
With a Debt to Equity ratio value of 1.00, AKVA is not doing good in the industry: 79.44% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 8.29 | ||
| Altman-Z | N/A |
ROIC/WACC1.21
WACC6.64%
2.3 Liquidity
AKVA has a Current Ratio of 1.24. This is a normal value and indicates that AKVA is financially healthy and should not expect problems in meeting its short term obligations.
AKVA's Current ratio of 1.24 is on the low side compared to the rest of the industry. AKVA is outperformed by 73.83% of its industry peers.
A Quick Ratio of 0.72 indicates that AKVA may have some problems paying its short term obligations.
With a Quick ratio value of 0.72, AKVA is not doing good in the industry: 78.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
AKVA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 942.86%, which is quite impressive.
The Earnings Per Share has been growing by 47.11% on average over the past years. This is a very strong growth
Looking at the last year, AKVA shows a quite strong growth in Revenue. The Revenue has grown by 15.17% in the last year.
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
AKVA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.21% yearly.
Based on estimates for the next years, AKVA will show a quite strong growth in Revenue. The Revenue will grow by 10.23% on average per year.
EPS Next Y11.87%
EPS Next 2Y23.2%
EPS Next 3Y23.9%
EPS Next 5Y28.21%
Revenue Next Year13.26%
Revenue Next 2Y10.93%
Revenue Next 3Y10.3%
Revenue Next 5Y10.23%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
With a Price/Earnings ratio of 23.54, AKVA is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of AKVA is on the same level as its industry peers.
When comparing the Price/Earnings ratio of AKVA to the average of the S&P500 Index (27.51), we can say AKVA is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 20.66, the valuation of AKVA can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AKVA is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 35.58. AKVA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.54 | ||
| Fwd PE | 20.66 |
4.2 Price Multiples
AKVA's Enterprise Value to EBITDA is on the same level as the industry average.
AKVA's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.47 | ||
| EV/EBITDA | 9.9 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AKVA does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as AKVA's earnings are expected to grow with 23.90% in the coming years.
PEG (NY)1.98
PEG (5Y)0.5
EPS Next 2Y23.2%
EPS Next 3Y23.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.07%, AKVA has a reasonable but not impressive dividend return.
AKVA's Dividend Yield is comparable with the industry average which is at 2.36.
Compared to an average S&P500 Dividend Yield of 2.35, AKVA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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 (7/15/2025, 11:50:49 AM)
97.2
-1.2 (-1.22%)
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 Cap3.56B
Analysts84.44
Price Target96.9 (-0.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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)8.57%
PT rev (3m)11.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.54 | ||
| Fwd PE | 20.66 | ||
| P/S | 0.93 | ||
| P/FCF | 19.47 | ||
| P/OCF | 9.86 | ||
| P/B | 2.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.9 |
EPS(TTM)4.13
EY4.25%
EPS(NY)4.71
Fwd EY4.84%
FCF(TTM)4.99
FCFY5.14%
OCF(TTM)9.86
OCFY10.14%
SpS104.46
BVpS35.72
TBVpS-8
PEG (NY)1.98
PEG (5Y)0.5
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
WACC6.64%
ROIC/WACC1.21
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 Year13.26%
Revenue Next 2Y10.93%
Revenue Next 3Y10.3%
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%