CAVENDISH HYDROGEN ASA (CAVEN.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:CAVEN - NO0013219535 - Common Stock
7.33 NOK
-0.05 (-0.68%)
CAVEN gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 73 industry peers in the Electrical Equipment industry. CAVEN scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. CAVEN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- CAVEN had negative earnings in the past year.
- In the past year CAVEN has reported a negative cash flow from operations.
1.2 Ratios
- CAVEN's Return On Assets of -36.60% is on the low side compared to the rest of the industry. CAVEN is outperformed by 91.78% of its industry peers.
- The Return On Equity of CAVEN (-45.06%) is worse than 80.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -36.6% | ||
| ROE | -45.06% | ||
| ROIC | N/A |
ROA(3y)-52.26%
ROA(5y)N/A
ROE(3y)-492.28%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- CAVEN's Gross Margin of 43.46% is fine compared to the rest of the industry. CAVEN outperforms 72.60% of its industry peers.
- In the last couple of years the Gross Margin of CAVEN has grown nicely.
- The Profit Margin and Operating Margin are not available for CAVEN so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 43.46% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y20.15%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- CAVEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for CAVEN remains at a similar level compared to 1 year ago.
- The debt/assets ratio for CAVEN has been reduced compared to a year ago.
2.2 Solvency
- CAVEN has an Altman-Z score of -0.11. This is a bad value and indicates that CAVEN is not financially healthy and even has some risk of bankruptcy.
- CAVEN has a worse Altman-Z score (-0.11) than 82.19% of its industry peers.
- A Debt/Equity ratio of 0.04 indicates that CAVEN is not too dependend on debt financing.
- CAVEN's Debt to Equity ratio of 0.04 is amongst the best of the industry. CAVEN outperforms 93.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.11 |
ROIC/WACCN/A
WACC8.78%
2.3 Liquidity
- A Current Ratio of 4.96 indicates that CAVEN has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 4.96, CAVEN belongs to the best of the industry, outperforming 95.89% of the companies in the same industry.
- A Quick Ratio of 3.44 indicates that CAVEN has no problem at all paying its short term obligations.
- CAVEN has a better Quick ratio (3.44) than 97.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.96 | ||
| Quick Ratio | 3.44 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 48.02% over the past year.
- The Revenue for CAVEN has decreased by -62.98% in the past year. This is quite bad
- Measured over the past years, CAVEN shows a decrease in Revenue. The Revenue has been decreasing by -0.23% on average per year.
EPS 1Y (TTM)48.02%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-30.77%
Revenue 1Y (TTM)-62.98%
Revenue growth 3Y-0.23%
Revenue growth 5YN/A
Sales Q2Q%-28.07%
3.2 Future
- Based on estimates for the next years, CAVEN will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.52% on average per year.
- Based on estimates for the next years, CAVEN will show a small growth in Revenue. The Revenue will grow by 4.71% on average per year.
EPS Next Y-5.8%
EPS Next 2Y18.57%
EPS Next 3Y17.52%
EPS Next 5YN/A
Revenue Next Year-18.52%
Revenue Next 2Y-3.77%
Revenue Next 3Y4.71%
Revenue Next 5YN/A
3.3 Evolution
- 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
- The Price/Earnings Ratio is negative for CAVEN. In the last year negative earnings were reported.
- Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for CAVEN. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A more expensive valuation may be justified as CAVEN's earnings are expected to grow with 17.52% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y18.57%
EPS Next 3Y17.52%
5. Dividend
5.1 Amount
- CAVEN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
CAVENDISH HYDROGEN ASA / CAVEN.OL FAQ
Can you provide the ChartMill fundamental rating for CAVENDISH HYDROGEN ASA?
ChartMill assigns a fundamental rating of 2 / 10 to CAVEN.OL.
What is the valuation status of CAVENDISH HYDROGEN ASA (CAVEN.OL) stock?
ChartMill assigns a valuation rating of 0 / 10 to CAVENDISH HYDROGEN ASA (CAVEN.OL). This can be considered as Overvalued.
Can you provide the profitability details for CAVENDISH HYDROGEN ASA?
CAVENDISH HYDROGEN ASA (CAVEN.OL) has a profitability rating of 1 / 10.
What is the earnings growth outlook for CAVENDISH HYDROGEN ASA?
The Earnings per Share (EPS) of CAVENDISH HYDROGEN ASA (CAVEN.OL) is expected to decline by -5.8% in the next year.