Logo image of D2G.DE

ORSTED A/S (D2G.DE) Stock Fundamental Analysis

FRA:D2G - DK0060094928 - Common Stock

28.6 EUR
+0.26 (+0.92%)
Last: 8/22/2025, 7:00:00 PM
Fundamental Rating

4

Taking everything into account, D2G scores 4 out of 10 in our fundamental rating. D2G was compared to 19 industry peers in the Independent Power and Renewable Electricity Producers industry. D2G has a medium profitability rating, but doesn't score so well on its financial health evaluation. D2G has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

6

1. Profitability

1.1 Basic Checks

In the past year D2G was profitable.
D2G had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: D2G reported negative net income in multiple years.
D2G had a positive operating cash flow in each of the past 5 years.
D2G.DE Yearly Net Income VS EBIT VS OCF VS FCFD2G.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B -10B 20B -20B

1.2 Ratios

D2G has a Return On Assets of 2.08%. This is comparable to the rest of the industry: D2G outperforms 57.89% of its industry peers.
D2G has a Return On Equity of 6.75%. This is in the better half of the industry: D2G outperforms 63.16% of its industry peers.
With a decent Return On Invested Capital value of 4.02%, D2G is doing good in the industry, outperforming 78.95% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for D2G is in line with the industry average of 4.57%.
Industry RankSector Rank
ROA 2.08%
ROE 6.75%
ROIC 4.02%
ROA(3y)-1.06%
ROA(5y)1.66%
ROE(3y)-4.32%
ROE(5y)3.09%
ROIC(3y)4.31%
ROIC(5y)3.92%
D2G.DE Yearly ROA, ROE, ROICD2G.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

With a decent Profit Margin value of 7.96%, D2G is doing good in the industry, outperforming 63.16% of the companies in the same industry.
D2G's Operating Margin of 17.86% is fine compared to the rest of the industry. D2G outperforms 63.16% of its industry peers.
D2G's Operating Margin has improved in the last couple of years.
D2G has a Gross Margin (33.91%) which is comparable to the rest of the industry.
D2G's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 17.86%
PM (TTM) 7.96%
GM 33.91%
OM growth 3Y22.62%
OM growth 5Y3.42%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.32%
GM growth 5Y4.01%
D2G.DE Yearly Profit, Operating, Gross MarginsD2G.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20

More info and screens

2

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so D2G is destroying value.
The number of shares outstanding for D2G remains at a similar level compared to 1 year ago.
D2G has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, D2G has a worse debt to assets ratio.
D2G.DE Yearly Shares OutstandingD2G.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
D2G.DE Yearly Total Debt VS Total AssetsD2G.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B

2.2 Solvency

D2G has an Altman-Z score of 1.08. This is a bad value and indicates that D2G is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.08, D2G is in line with its industry, outperforming 47.37% of the companies in the same industry.
A Debt/Equity ratio of 0.96 indicates that D2G is somewhat dependend on debt financing.
D2G has a Debt to Equity ratio of 0.96. This is comparable to the rest of the industry: D2G outperforms 47.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.96
Debt/FCF N/A
Altman-Z 1.08
ROIC/WACC0.58
WACC6.99%
D2G.DE Yearly LT Debt VS Equity VS FCFD2G.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B -20B 40B 60B 80B

2.3 Liquidity

D2G has a Current Ratio of 1.18. This is a normal value and indicates that D2G is financially healthy and should not expect problems in meeting its short term obligations.
D2G has a Current ratio of 1.18. This is in the lower half of the industry: D2G underperforms 63.16% of its industry peers.
A Quick Ratio of 0.90 indicates that D2G may have some problems paying its short term obligations.
D2G has a Quick ratio of 0.90. This is in the lower half of the industry: D2G underperforms 68.42% of its industry peers.
Industry RankSector Rank
Current Ratio 1.18
Quick Ratio 0.9
D2G.DE Yearly Current Assets VS Current LiabilitesD2G.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B 100B

More info and screens

3

3. Growth

3.1 Past

D2G shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 203.89%, which is quite impressive.
The Earnings Per Share has been growing by 19.95% on average over the past years. This is quite good.
The Revenue has grown by 10.48% in the past year. This is quite good.
The Revenue has been growing slightly by 0.18% on average over the past years.
EPS 1Y (TTM)203.89%
EPS 3Y16.57%
EPS 5Y19.95%
EPS Q2Q%40.27%
Revenue 1Y (TTM)10.48%
Revenue growth 3Y-2.93%
Revenue growth 5Y0.18%
Sales Q2Q%14.06%

3.2 Future

Based on estimates for the next years, D2G will show a decrease in Earnings Per Share. The EPS will decrease by -3.58% on average per year.
Based on estimates for the next years, D2G will show a decrease in Revenue. The Revenue will decrease by -1.27% on average per year.
EPS Next Y-53.08%
EPS Next 2Y-25.54%
EPS Next 3Y-17.13%
EPS Next 5Y-3.58%
Revenue Next Year-13.27%
Revenue Next 2Y-2.61%
Revenue Next 3Y-0.12%
Revenue Next 5Y-1.27%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 decreasing.
D2G.DE Yearly Revenue VS EstimatesD2G.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 20B 40B 60B 80B 100B
D2G.DE Yearly EPS VS EstimatesD2G.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 20 -20 40 -40

More info and screens

5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 4.81, the valuation of D2G can be described as very cheap.
Based on the Price/Earnings ratio, D2G is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of D2G to the average of the S&P500 Index (27.03), we can say D2G is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.00, the valuation of D2G can be described as very reasonable.
Based on the Price/Forward Earnings ratio, D2G is valued cheaply inside the industry as 94.74% of the companies are valued more expensively.
D2G is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 4.81
Fwd PE 10
D2G.DE Price Earnings VS Forward Price EarningsD2G.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
D2G.DE Per share dataD2G.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20

4.3 Compensation for Growth

D2G has a very decent profitability rating, which may justify a higher PE ratio.
D2G's earnings are expected to decrease with -17.13% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y-25.54%
EPS Next 3Y-17.13%

More info and screens

6

5. Dividend

5.1 Amount

D2G has a Yearly Dividend Yield of 4.34%, which is a nice return.
In the last 3 months the price of D2G has falen by -20.69%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
D2G's Dividend Yield is rather good when compared to the industry average which is at 3.53. D2G pays more dividend than 89.47% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, D2G pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.34%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
D2G.DE Yearly Dividends per shareD2G.DE Yearly Dividends per shareYearly Dividends per share 2022 2023 2 4 6 8 10

5.3 Sustainability

DP0%
EPS Next 2Y-25.54%
EPS Next 3Y-17.13%
D2G.DE Yearly Income VS Free CF VS DividendD2G.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B -10B -20B

More info and screens

ORSTED A/S

FRA:D2G (8/22/2025, 7:00:00 PM)

28.6

+0.26 (+0.92%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)08-11 2025-08-11/bmo
Earnings (Next)11-05 2025-11-05
Inst Owners16.19%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap12.02B
Analysts62.29
Price Target35.85 (25.35%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.34%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)90.14%
Min EPS beat(2)10.76%
Max EPS beat(2)169.53%
EPS beat(4)4
Avg EPS beat(4)109.95%
Min EPS beat(4)10.76%
Max EPS beat(4)217.27%
EPS beat(8)5
Avg EPS beat(8)451.69%
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)-4.05%
Min Revenue beat(2)-7.36%
Max Revenue beat(2)-0.73%
Revenue beat(4)0
Avg Revenue beat(4)-8.55%
Min Revenue beat(4)-22.13%
Max Revenue beat(4)-0.73%
Revenue beat(8)1
Avg Revenue beat(8)-13.38%
Revenue beat(12)2
Avg Revenue beat(12)-5.89%
Revenue beat(16)5
Avg Revenue beat(16)5.29%
PT rev (1m)-19.45%
PT rev (3m)-21.26%
EPS NQ rev (1m)-26.46%
EPS NQ rev (3m)75.55%
EPS NY rev (1m)-19.55%
EPS NY rev (3m)-19.55%
Revenue NQ rev (1m)3.77%
Revenue NQ rev (3m)8.28%
Revenue NY rev (1m)-4.01%
Revenue NY rev (3m)-4.01%
Valuation
Industry RankSector Rank
PE 4.81
Fwd PE 10
P/S 1.2
P/FCF N/A
P/OCF 5.44
P/B 1.02
P/tB 1.05
EV/EBITDA N/A
EPS(TTM)5.94
EY20.77%
EPS(NY)2.86
Fwd EY10%
FCF(TTM)-10.91
FCFYN/A
OCF(TTM)5.25
OCFY18.37%
SpS23.8
BVpS28.06
TBVpS27.32
PEG (NY)N/A
PEG (5Y)0.24
Profitability
Industry RankSector Rank
ROA 2.08%
ROE 6.75%
ROCE 5.71%
ROIC 4.02%
ROICexc 4.5%
ROICexgc 4.55%
OM 17.86%
PM (TTM) 7.96%
GM 33.91%
FCFM N/A
ROA(3y)-1.06%
ROA(5y)1.66%
ROE(3y)-4.32%
ROE(5y)3.09%
ROIC(3y)4.31%
ROIC(5y)3.92%
ROICexc(3y)5.12%
ROICexc(5y)4.62%
ROICexgc(3y)5.21%
ROICexgc(5y)4.68%
ROCE(3y)6.12%
ROCE(5y)5.57%
ROICexcg growth 3Y10.37%
ROICexcg growth 5Y-4.35%
ROICexc growth 3Y10.25%
ROICexc growth 5Y-4.5%
OM growth 3Y22.62%
OM growth 5Y3.42%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.32%
GM growth 5Y4.01%
F-Score6
Asset Turnover0.26
Health
Industry RankSector Rank
Debt/Equity 0.96
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 67.92%
Interest Coverage 1.42
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.18
Quick Ratio 0.9
Altman-Z 1.08
F-Score6
WACC6.99%
ROIC/WACC0.58
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)45.7%
Cap/Sales(5y)47.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)203.89%
EPS 3Y16.57%
EPS 5Y19.95%
EPS Q2Q%40.27%
EPS Next Y-53.08%
EPS Next 2Y-25.54%
EPS Next 3Y-17.13%
EPS Next 5Y-3.58%
Revenue 1Y (TTM)10.48%
Revenue growth 3Y-2.93%
Revenue growth 5Y0.18%
Sales Q2Q%14.06%
Revenue Next Year-13.27%
Revenue Next 2Y-2.61%
Revenue Next 3Y-0.12%
Revenue Next 5Y-1.27%
EBIT growth 1Y-18.37%
EBIT growth 3Y19.02%
EBIT growth 5Y3.61%
EBIT Next Year81.32%
EBIT Next 3Y29.11%
EBIT Next 5Y20.63%
FCF growth 1Y-148.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-25.64%
OCF growth 3Y14.75%
OCF growth 5Y6.76%