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EAM SOLAR ASA (EAM.OL) Stock Fundamental Analysis

OSL:EAM - Euronext Oslo - NO0010607781 - Common Stock - Currency: NOK

1.314  -0.08 (-5.6%)

Fundamental Rating

2

EAM gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. The financial health of EAM is average, but there are quite some concerns on its profitability. EAM has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

EAM had negative earnings in the past year.
EAM had a negative operating cash flow in the past year.
EAM had negative earnings in each of the past 5 years.
EAM had a negative operating cash flow in each of the past 5 years.
EAM.OL Yearly Net Income VS EBIT VS OCF VS FCFEAM.OL 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 -20M -40M -60M

1.2 Ratios

EAM has a Return On Assets of -8.69%. This is amonst the worse of the industry: EAM underperforms 80.00% of its industry peers.
With a Return On Equity value of -96.66%, EAM is not doing good in the industry: 85.00% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -8.69%
ROE -96.66%
ROIC N/A
ROA(3y)-15.28%
ROA(5y)-14.9%
ROE(3y)-82.14%
ROE(5y)-60.79%
ROIC(3y)N/A
ROIC(5y)N/A
EAM.OL Yearly ROA, ROE, ROICEAM.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200

1.3 Margins

EAM's Gross Margin of 83.90% is fine compared to the rest of the industry. EAM outperforms 70.00% of its industry peers.
In the last couple of years the Gross Margin of EAM has remained more or less at the same level.
EAM 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 83.9%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.3%
GM growth 5Y-0.36%
EAM.OL Yearly Profit, Operating, Gross MarginsEAM.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600 -800 -1K

4

2. Health

2.1 Basic Checks

EAM does not have a ROIC to compare to the WACC, probably because it is not profitable.
EAM has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, EAM has more shares outstanding
Compared to 1 year ago, EAM has an improved debt to assets ratio.
EAM.OL Yearly Shares OutstandingEAM.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
EAM.OL Yearly Total Debt VS Total AssetsEAM.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

2.2 Solvency

EAM has a Debt/Equity ratio of 2.20. This is a high value indicating a heavy dependency on external financing.
EAM has a worse Debt to Equity ratio (2.20) than 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.2
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC8.44%
EAM.OL Yearly LT Debt VS Equity VS FCFEAM.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M -20M

2.3 Liquidity

EAM has a Current Ratio of 2.39. This indicates that EAM is financially healthy and has no problem in meeting its short term obligations.
EAM has a Current ratio of 2.39. This is amongst the best in the industry. EAM outperforms 85.00% of its industry peers.
A Quick Ratio of 2.39 indicates that EAM has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.39, EAM belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.39
Quick Ratio 2.39
EAM.OL Yearly Current Assets VS Current LiabilitesEAM.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

1

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 76.10% over the past year.
EAM shows a strong growth in Revenue. In the last year, the Revenue has grown by 73.00%.
Measured over the past years, EAM shows a very negative growth in Revenue. The Revenue has been decreasing by -13.80% on average per year.
EPS 1Y (TTM)76.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%34.92%
Revenue 1Y (TTM)73%
Revenue growth 3Y4.16%
Revenue growth 5Y-13.8%
Sales Q2Q%123.9%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EAM.OL Yearly Revenue VS EstimatesEAM.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
EAM.OL Yearly EPS VS EstimatesEAM.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 -0 -0 -0.01 -0.01 -0.01

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for EAM. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
EAM.OL Price Earnings VS Forward Price EarningsEAM.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
EAM.OL Per share dataEAM.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -0.1 -0.2 -0.3 -0.4

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

EAM does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

EAM SOLAR ASA

OSL:EAM (5/30/2025, 4:19:50 PM)

1.314

-0.08 (-5.6%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)05-22 2025-05-22
Earnings (Next)08-21 2025-08-21
Inst Owners0.3%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap529.53M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 26.72
P/FCF N/A
P/OCF N/A
P/B 41.99
P/tB 42.29
EV/EBITDA N/A
EPS(TTM)-0.48
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0
FCFYN/A
OCF(TTM)0
OCFYN/A
SpS0.05
BVpS0.03
TBVpS0.03
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -8.69%
ROE -96.66%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 83.9%
FCFM N/A
ROA(3y)-15.28%
ROA(5y)-14.9%
ROE(3y)-82.14%
ROE(5y)-60.79%
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
ROICexcg growth 3YN/A
ROICexcg 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 3Y1.3%
GM growth 5Y-0.36%
F-Score6
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 2.2
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.39
Quick Ratio 2.39
Altman-Z N/A
F-Score6
WACC8.44%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)76.1%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%34.92%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)73%
Revenue growth 3Y4.16%
Revenue growth 5Y-13.8%
Sales Q2Q%123.9%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y48.38%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y90.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y90.56%
OCF growth 3YN/A
OCF growth 5YN/A