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

Europe - OSL:CLOUD - NO0010876642 - Common Stock

13.12 NOK
+0.12 (+0.92%)
Last: 10/31/2025, 4:19:50 PM
Fundamental Rating

3

Taking everything into account, CLOUD scores 3 out of 10 in our fundamental rating. CLOUD was compared to 23 industry peers in the Independent Power and Renewable Electricity Producers industry. CLOUD scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. CLOUD is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

CLOUD had negative earnings in the past year.
In the past year CLOUD had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CLOUD reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: CLOUD reported negative operating cash flow in multiple 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 0 100M -100M 200M -200M -300M

1.2 Ratios

With a Return On Assets value of -0.96%, CLOUD is not doing good in the industry: 65.22% of the companies in the same industry are doing better.
CLOUD has a Return On Equity of -1.48%. This is in the lower half of the industry: CLOUD underperforms 60.87% of its industry peers.
Industry RankSector Rank
ROA -0.96%
ROE -1.48%
ROIC N/A
ROA(3y)2.66%
ROA(5y)0.71%
ROE(3y)4.14%
ROE(5y)1.37%
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 0 10K 20K 30K

1.3 Margins

With an excellent Gross Margin value of 90.63%, CLOUD belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
CLOUD's Gross Margin has been stable in the last couple of years.
CLOUD does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 90.63%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.63%
GM growth 5Y0.27%
CLOUD.OL Yearly Profit, Operating, Gross MarginsCLOUD.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 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.
The number of shares outstanding for CLOUD has been reduced compared to 1 year ago.
CLOUD has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, CLOUD has a worse debt to assets ratio.
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

CLOUD has an Altman-Z score of 1.29. This is a bad value and indicates that CLOUD is not financially healthy and even has some risk of bankruptcy.
CLOUD has a better Altman-Z score (1.29) than 60.87% of its industry peers.
CLOUD has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
CLOUD has a Debt to Equity ratio of 0.45. This is in the better half of the industry: CLOUD outperforms 78.26% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF N/A
Altman-Z 1.29
ROIC/WACCN/A
WACC7.13%
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 0 1B 2B 3B 4B

2.3 Liquidity

A Current Ratio of 4.66 indicates that CLOUD has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.66, CLOUD belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
A Quick Ratio of 4.02 indicates that CLOUD has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 4.02, CLOUD belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4.66
Quick Ratio 4.02
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

4

3. Growth

3.1 Past

The earnings per share for CLOUD have decreased strongly by -91.67% in the last year.
The Revenue has decreased by -2.29% in the past year.
CLOUD shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 323.81% yearly.
EPS 1Y (TTM)-91.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-111.9%
Revenue 1Y (TTM)-2.29%
Revenue growth 3Y121.5%
Revenue growth 5Y323.81%
Sales Q2Q%-48.79%

3.2 Future

The Earnings Per Share is expected to decrease by -0.04% on average over the next years.
CLOUD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.91% yearly.
EPS Next Y-53.18%
EPS Next 2Y-4.32%
EPS Next 3Y-0.04%
EPS Next 5YN/A
Revenue Next Year9.42%
Revenue Next 2Y14.53%
Revenue Next 3Y10.91%
Revenue Next 5YN/A

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 200M 400M 600M
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

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for CLOUD. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 43.43 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 78.26% of the companies listed in the same industry.
CLOUD is valuated expensively when we compare the Price/Forward Earnings ratio to 22.52, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 43.43
CLOUD.OL Price Earnings VS Forward Price EarningsCLOUD.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 -40

4.2 Price Multiples

65.22% of the companies in the same industry are cheaper than CLOUD, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 35.94
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

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.32%
EPS Next 3Y-0.04%

0

5. Dividend

5.1 Amount

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

CLOUDBERRY CLEAN ENERGY ASA

OSL:CLOUD (10/31/2025, 4:19:50 PM)

13.12

+0.12 (+0.92%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)08-20 2025-08-20/bmo
Earnings (Next)11-04 2025-11-04
Inst Owners54.94%
Inst Owner ChangeN/A
Ins Owners0.52%
Ins Owner ChangeN/A
Market Cap4.17B
Revenue(TTM)384.00M
Net Income(TTM)-68000000
Analysts87.27
Price Target13.77 (4.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)0
Avg EPS beat(2)-96.65%
Min EPS beat(2)-131.49%
Max EPS beat(2)-61.81%
EPS beat(4)1
Avg EPS beat(4)-68.28%
Min EPS beat(4)-149.69%
Max EPS beat(4)69.87%
EPS beat(8)2
Avg EPS beat(8)-89.26%
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)0
Avg Revenue beat(2)-37.84%
Min Revenue beat(2)-39.6%
Max Revenue beat(2)-36.08%
Revenue beat(4)1
Avg Revenue beat(4)-19.74%
Min Revenue beat(4)-39.6%
Max Revenue beat(4)8.74%
Revenue beat(8)4
Avg Revenue beat(8)-8.56%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-47.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.25%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 43.43
P/S 10.87
P/FCF N/A
P/OCF 54.2
P/B 0.91
P/tB 0.96
EV/EBITDA 35.94
EPS(TTM)-0.23
EYN/A
EPS(NY)0.3
Fwd EY2.3%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)0.24
OCFY1.84%
SpS1.21
BVpS14.45
TBVpS13.74
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.96%
ROE -1.48%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 90.63%
FCFM N/A
ROA(3y)2.66%
ROA(5y)0.71%
ROE(3y)4.14%
ROE(5y)1.37%
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 3YN/A
PM growth 5YN/A
GM growth 3Y2.63%
GM growth 5Y0.27%
F-Score4
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF N/A
Debt/EBITDA 13.3
Cap/Depr 89.76%
Cap/Sales 38.8%
Interest Coverage N/A
Cash Conversion 50%
Profit Quality N/A
Current Ratio 4.66
Quick Ratio 4.02
Altman-Z 1.29
F-Score4
WACC7.13%
ROIC/WACCN/A
Cap/Depr(3y)486.48%
Cap/Depr(5y)669.17%
Cap/Sales(3y)126.36%
Cap/Sales(5y)193.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-91.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-111.9%
EPS Next Y-53.18%
EPS Next 2Y-4.32%
EPS Next 3Y-0.04%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.29%
Revenue growth 3Y121.5%
Revenue growth 5Y323.81%
Sales Q2Q%-48.79%
Revenue Next Year9.42%
Revenue Next 2Y14.53%
Revenue Next 3Y10.91%
Revenue Next 5YN/A
EBIT growth 1Y55.56%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year142.24%
EBIT Next 3Y57.59%
EBIT Next 5YN/A
FCF growth 1Y72.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y11.59%
OCF growth 3YN/A
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 3 / 10 to CLOUD.OL.


What is the valuation status of CLOUDBERRY CLEAN ENERGY ASA (CLOUD.OL) stock?

ChartMill assigns a valuation rating of 0 / 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 2 / 10.


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 decline by -53.18% in the next year.