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

Europe - Euronext Oslo - OSL:CLOUD - NO0010876642 - Common Stock

12.6 NOK
-0.1 (-0.79%)
Last: 12/5/2025, 4:19:40 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to CLOUD. CLOUD was compared to 20 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

In the past year CLOUD has reported negative net income.
CLOUD had a positive operating cash flow in the past year.
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

The Return On Assets of CLOUD (-0.96%) is comparable to the rest of the industry.
CLOUD has a Return On Equity of -1.48%. This is comparable to the rest of the industry: CLOUD outperforms 47.37% 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

Looking at the Gross Margin, with a value of 90.63%, CLOUD belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
CLOUD's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for CLOUD so they could not be analyzed.
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.
CLOUD has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CLOUD has more shares outstanding
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 1.26. This is a bad value and indicates that CLOUD is not financially healthy and even has some risk of bankruptcy.
CLOUD has a Altman-Z score of 1.26. This is comparable to the rest of the industry: CLOUD outperforms 57.89% of its industry peers.
A Debt/Equity ratio of 0.45 indicates that CLOUD is not too dependend on debt financing.
CLOUD has a better Debt to Equity ratio (0.45) than 68.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF N/A
Altman-Z 1.26
ROIC/WACCN/A
WACC7.09%
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

CLOUD has a Current Ratio of 4.66. This indicates that CLOUD is financially healthy and has no problem in meeting its short term obligations.
CLOUD's Current ratio of 4.66 is amongst the best of the industry. CLOUD outperforms 84.21% of its industry peers.
A Quick Ratio of 4.02 indicates that CLOUD has no problem at all paying its short term obligations.
CLOUD has a Quick ratio of 4.02. This is in the better half of the industry: CLOUD outperforms 78.95% of its industry peers.
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

CLOUD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -91.67%.
The Revenue has decreased by -2.29% in the past year.
The Revenue has been growing by 323.81% on average over the past years. This is a very strong growth!
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

CLOUD is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.04% yearly.
The Revenue is expected to grow by 10.91% on average over the next years. This is quite good.
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

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in 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.
The Price/Forward Earnings ratio is 41.70, which means the current valuation is very expensive for CLOUD.
Based on the Price/Forward Earnings ratio, CLOUD is valued a bit more expensive than 68.42% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CLOUD to the average of the S&P500 Index (23.69), we can say CLOUD is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 41.7
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

CLOUD's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 35.03
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 (12/5/2025, 4:19:40 PM)

12.6

-0.1 (-0.79%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)11-04 2025-11-04
Earnings (Next)02-11 2026-02-11/amc
Inst Owners54.94%
Inst Owner ChangeN/A
Ins Owners0.52%
Ins Owner ChangeN/A
Market Cap4.01B
Revenue(TTM)384.00M
Net Income(TTM)-68.00M
Analysts87.27
Price Target13.77 (9.29%)
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)12.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.04%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 41.7
P/S 10.44
P/FCF N/A
P/OCF 52.05
P/B 0.87
P/tB 0.92
EV/EBITDA 35.03
EPS(TTM)-0.23
EYN/A
EPS(NY)0.3
Fwd EY2.4%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)0.24
OCFY1.92%
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 1.26
F-Score4
WACC7.09%
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 1 / 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.