CLOUDBERRY CLEAN ENERGY ASA (CLOUD.OL) Stock Fundamental Analysis

OSL:CLOUD • NO0010876642

12.28 NOK
+0.14 (+1.15%)
Last: Feb 26, 2026, 04:16 PM
Fundamental Rating

4

Overall CLOUD gets a fundamental rating of 4 out of 10. We evaluated CLOUD against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and the financial health of CLOUD get a neutral evaluation. Nothing too spectacular is happening here. CLOUD is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year CLOUD was profitable.
  • CLOUD had a positive operating cash flow in the past year.
  • Of the past 5 years CLOUD 4 years were profitable.
  • CLOUD had a positive operating cash flow in 4 of the past 5 years.
CLOUD.OL Yearly Net Income VS EBIT VS OCF VS FCFCLOUD.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M -200M -300M

1.2 Ratios

  • CLOUD has a Return On Assets of 0.43%. This is comparable to the rest of the industry: CLOUD outperforms 50.00% of its industry peers.
  • CLOUD has a Return On Equity of 0.86%. This is comparable to the rest of the industry: CLOUD outperforms 50.00% of its industry peers.
Industry RankSector Rank
ROA 0.43%
ROE 0.86%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
CLOUD.OL Yearly ROA, ROE, ROICCLOUD.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 0 10K 20K 30K

1.3 Margins

  • CLOUD has a Profit Margin of 9.17%. This is in the better half of the industry: CLOUD outperforms 70.00% of its industry peers.
  • CLOUD's Profit Margin has declined in the last couple of years.
  • The Gross Margin of CLOUD (89.68%) is better than 85.00% of its industry peers.
  • CLOUD's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM N/A
PM (TTM) 9.17%
GM 89.68%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-40.52%
PM growth 5YN/A
GM growth 3Y-1.46%
GM growth 5Y-1.46%
CLOUD.OL Yearly Profit, Operating, Gross MarginsCLOUD.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 0 -200 -400 -600 -800

5

2. Health

2.1 Basic Checks

  • CLOUD does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • There is no outstanding debt for CLOUD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
CLOUD.OL Yearly Shares OutstandingCLOUD.OL Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
CLOUD.OL Yearly Total Debt VS Total AssetsCLOUD.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • Based on the Altman-Z score of 0.78, we must say that CLOUD is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.78, CLOUD is in line with its industry, outperforming 45.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.68 indicates that CLOUD is somewhat dependend on debt financing.
  • CLOUD's Debt to Equity ratio of 0.68 is fine compared to the rest of the industry. CLOUD outperforms 65.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF N/A
Altman-Z 0.78
ROIC/WACCN/A
WACC8.75%
CLOUD.OL Yearly LT Debt VS Equity VS FCFCLOUD.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B

2.3 Liquidity

  • CLOUD has a Current Ratio of 4.17. This indicates that CLOUD is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Current ratio value of 4.17, CLOUD belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
  • CLOUD has a Quick Ratio of 3.66. This indicates that CLOUD is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Quick ratio value of 3.66, CLOUD belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4.17
Quick Ratio 3.66
CLOUD.OL Yearly Current Assets VS Current LiabilitesCLOUD.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

6

3. Growth

3.1 Past

  • CLOUD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -52.49%.
  • The earnings per share for CLOUD have been decreasing by -26.06% on average. This is quite bad
  • CLOUD shows a strong growth in Revenue. In the last year, the Revenue has grown by 34.03%.
  • CLOUD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 168.92% yearly.
EPS 1Y (TTM)-52.49%
EPS 3Y-26.06%
EPS 5YN/A
EPS Q2Q%81.17%
Revenue 1Y (TTM)34.03%
Revenue growth 3Y34.93%
Revenue growth 5Y168.92%
Sales Q2Q%65.52%

3.2 Future

  • Based on estimates for the next years, CLOUD will show a very strong growth in Earnings Per Share. The EPS will grow by 46.06% on average per year.
  • The Revenue is expected to grow by 3.68% on average over the next years.
EPS Next Y146.67%
EPS Next 2Y46.06%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year34.77%
Revenue Next 2Y9.13%
Revenue Next 3Y3.68%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CLOUD.OL Yearly Revenue VS EstimatesCLOUD.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M
CLOUD.OL Yearly EPS VS EstimatesCLOUD.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4 0.6 0.8 1

2

4. Valuation

4.1 Price/Earnings Ratio

  • CLOUD is valuated quite expensively with a Price/Earnings ratio of 76.75.
  • CLOUD's Price/Earnings ratio is in line with the industry average.
  • CLOUD is valuated expensively when we compare the Price/Earnings ratio to 27.05, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 32.22 indicates a quite expensive valuation of CLOUD.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of CLOUD indicates a slightly more expensive valuation: CLOUD is more expensive than 70.00% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of CLOUD to the average of the S&P500 Index (28.03), we can say CLOUD is valued inline with the index average.
Industry RankSector Rank
PE 76.75
Fwd PE 32.22
CLOUD.OL Price Earnings VS Forward Price EarningsCLOUD.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CLOUD is valued a bit more expensive than the industry average as 65.00% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 39.71
CLOUD.OL Per share dataCLOUD.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • CLOUD's earnings are expected to grow with 46.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.52
PEG (5Y)N/A
EPS Next 2Y46.06%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • CLOUD does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

CLOUDBERRY CLEAN ENERGY ASA

OSL:CLOUD (2/26/2026, 4:16:26 PM)

12.28

+0.14 (+1.15%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)02-10
Earnings (Next)05-12
Inst Owners50.27%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap3.91B
Revenue(TTM)512.00M
Net Income(TTM)40.00M
Analysts80
Price Target13.12 (6.84%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
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)28.23%
Min Revenue beat(2)-36.08%
Max Revenue beat(2)92.53%
Revenue beat(4)1
Avg Revenue beat(4)1.21%
Min Revenue beat(4)-39.6%
Max Revenue beat(4)92.53%
Revenue beat(8)5
Avg Revenue beat(8)7.69%
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)-4.69%
PT rev (3m)-4.69%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)26.14%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)11.19%
Revenue NY rev (3m)11.19%
Valuation
Industry RankSector Rank
PE 76.75
Fwd PE 32.22
P/S 8.96
P/FCF N/A
P/OCF 26.94
P/B 0.84
P/tB 0.9
EV/EBITDA 39.71
EPS(TTM)0.16
EY1.3%
EPS(NY)0.38
Fwd EY3.1%
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)0.46
OCFY3.71%
SpS1.37
BVpS14.68
TBVpS13.66
PEG (NY)0.52
PEG (5Y)N/A
Graham Number7.27
Profitability
Industry RankSector Rank
ROA 0.43%
ROE 0.86%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 9.17%
GM 89.68%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-40.52%
PM growth 5YN/A
GM growth 3Y-1.46%
GM growth 5Y-1.46%
F-Score4
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF N/A
Debt/EBITDA 19.84
Cap/Depr 98.33%
Cap/Sales 40.6%
Interest Coverage N/A
Cash Conversion 90.63%
Profit Quality N/A
Current Ratio 4.17
Quick Ratio 3.66
Altman-Z 0.78
F-Score4
WACC8.75%
ROIC/WACCN/A
Cap/Depr(3y)233.27%
Cap/Depr(5y)673.68%
Cap/Sales(3y)91.92%
Cap/Sales(5y)186.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-52.49%
EPS 3Y-26.06%
EPS 5YN/A
EPS Q2Q%81.17%
EPS Next Y146.67%
EPS Next 2Y46.06%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)34.03%
Revenue growth 3Y34.93%
Revenue growth 5Y168.92%
Sales Q2Q%65.52%
Revenue Next Year34.77%
Revenue Next 2Y9.13%
Revenue Next 3Y3.68%
Revenue Next 5YN/A
EBIT growth 1Y-25%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year275.19%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y51.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-53.07%
OCF growth 3Y70.2%
OCF growth 5YN/A

CLOUDBERRY CLEAN ENERGY ASA / CLOUD.OL FAQ

Can you provide the ChartMill fundamental rating for CLOUDBERRY CLEAN ENERGY ASA?

ChartMill assigns a fundamental rating of 4 / 10 to CLOUD.OL.


Can you provide the valuation status for CLOUDBERRY CLEAN ENERGY ASA?

ChartMill assigns a valuation rating of 2 / 10 to CLOUDBERRY CLEAN ENERGY ASA (CLOUD.OL). This can be considered as Overvalued.


Can you provide the profitability details for CLOUDBERRY CLEAN ENERGY ASA?

CLOUDBERRY CLEAN ENERGY ASA (CLOUD.OL) has a profitability rating of 4 / 10.


What is the valuation of CLOUDBERRY CLEAN ENERGY ASA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CLOUDBERRY CLEAN ENERGY ASA (CLOUD.OL) is 76.75 and the Price/Book (PB) ratio is 0.84.


What is the expected EPS growth for CLOUDBERRY CLEAN ENERGY ASA (CLOUD.OL) stock?

The Earnings per Share (EPS) of CLOUDBERRY CLEAN ENERGY ASA (CLOUD.OL) is expected to grow by 146.67% in the next year.