GOODTECH ASA (GOD.OL) Stock Fundamental Analysis

OSL:GOD • NO0004913609

11.15 NOK
+0.5 (+4.69%)
Last: Feb 16, 2026, 12:44 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Taking everything into account, GOD scores 4 out of 10 in our fundamental rating. GOD was compared to 109 industry peers in the Machinery industry. While GOD seems to be doing ok healthwise, there are quite some concerns on its profitability. GOD has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year GOD has reported negative net income.
  • GOD had a positive operating cash flow in the past year.
  • In multiple years GOD reported negative net income over the last 5 years.
  • Of the past 5 years GOD 4 years had a positive operating cash flow.
GOD.OL Yearly Net Income VS EBIT VS OCF VS FCFGOD.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

  • The Return On Assets of GOD (-4.04%) is worse than 81.65% of its industry peers.
  • The Return On Equity of GOD (-7.67%) is worse than 79.82% of its industry peers.
  • GOD has a Return On Invested Capital of 8.60%. This is in the better half of the industry: GOD outperforms 73.39% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for GOD is significantly below the industry average of 8.85%.
  • The last Return On Invested Capital (8.60%) for GOD is above the 3 year average (2.64%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -4.04%
ROE -7.67%
ROIC 8.6%
ROA(3y)-1.19%
ROA(5y)-1.34%
ROE(3y)-2.38%
ROE(5y)-2.67%
ROIC(3y)2.64%
ROIC(5y)N/A
GOD.OL Yearly ROA, ROE, ROICGOD.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20

1.3 Margins

  • GOD has a Operating Margin of 5.43%. This is comparable to the rest of the industry: GOD outperforms 44.04% of its industry peers.
  • In the last couple of years the Operating Margin of GOD has grown nicely.
  • GOD does not have Profit Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM 5.43%
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5Y45.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
GOD.OL Yearly Profit, Operating, Gross MarginsGOD.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • GOD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, GOD has about the same amount of shares outstanding.
  • GOD has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for GOD is higher compared to a year ago.
GOD.OL Yearly Shares OutstandingGOD.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
GOD.OL Yearly Total Debt VS Total AssetsGOD.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

  • GOD has a debt to FCF ratio of 1.31. This is a very positive value and a sign of high solvency as it would only need 1.31 years to pay back of all of its debts.
  • GOD has a Debt to FCF ratio of 1.31. This is amongst the best in the industry. GOD outperforms 85.32% of its industry peers.
  • GOD has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of GOD (0.20) is better than 66.06% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 1.31
Altman-Z N/A
ROIC/WACC0.87
WACC9.86%
GOD.OL Yearly LT Debt VS Equity VS FCFGOD.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

  • A Current Ratio of 1.23 indicates that GOD should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.23, GOD is not doing good in the industry: 69.72% of the companies in the same industry are doing better.
  • A Quick Ratio of 1.21 indicates that GOD should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.21, GOD is in the better half of the industry, outperforming 66.97% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.23
Quick Ratio 1.21
GOD.OL Yearly Current Assets VS Current LiabilitesGOD.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for GOD have decreased strongly by -420.23% in the last year.
  • The Revenue for GOD has decreased by -14.67% in the past year. This is quite bad
  • GOD shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.72% yearly.
EPS 1Y (TTM)-420.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%256.06%
Revenue 1Y (TTM)-14.67%
Revenue growth 3Y10.07%
Revenue growth 5Y9.72%
Sales Q2Q%13.91%

3.2 Future

  • Based on estimates for the next years, GOD will show a very strong growth in Earnings Per Share. The EPS will grow by 91.57% on average per year.
  • Based on estimates for the next years, GOD will show a small growth in Revenue. The Revenue will grow by 0.92% on average per year.
EPS Next Y662.5%
EPS Next 2Y264.01%
EPS Next 3Y132.85%
EPS Next 5Y91.57%
Revenue Next Year-6.23%
Revenue Next 2Y-1.77%
Revenue Next 3Y-0.17%
Revenue Next 5Y0.92%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GOD.OL Yearly Revenue VS EstimatesGOD.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 200M 400M 600M 800M
GOD.OL Yearly EPS VS EstimatesGOD.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 -0.5

More info and screens

Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • GOD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • With a Price/Forward Earnings ratio of 12.27, GOD is valued correctly.
  • GOD's Price/Forward Earnings ratio is rather cheap when compared to the industry. GOD is cheaper than 80.73% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, GOD is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 12.27
GOD.OL Price Earnings VS Forward Price EarningsGOD.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GOD indicates a rather cheap valuation: GOD is cheaper than 89.91% of the companies listed in the same industry.
  • 90.83% of the companies in the same industry are more expensive than GOD, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 6.57
EV/EBITDA 3.93
GOD.OL Per share dataGOD.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

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.
  • GOD's earnings are expected to grow with 132.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y264.01%
EPS Next 3Y132.85%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for GOD!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

GOODTECH ASA

OSL:GOD (2/16/2026, 12:44:58 PM)

11.15

+0.5 (+4.69%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-13
Earnings (Next)05-07
Inst Owners2.62%
Inst Owner ChangeN/A
Ins Owners11.92%
Ins Owner ChangeN/A
Market Cap330.37M
Revenue(TTM)676.40M
Net Income(TTM)-20.30M
Analysts80
Price Target12.24 (9.78%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-18.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.41%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 12.27
P/S 0.49
P/FCF 6.57
P/OCF 5.96
P/B 1.25
P/tB 3.43
EV/EBITDA 3.93
EPS(TTM)-0.74
EYN/A
EPS(NY)0.91
Fwd EY8.15%
FCF(TTM)1.7
FCFY15.23%
OCF(TTM)1.87
OCFY16.77%
SpS22.83
BVpS8.93
TBVpS3.25
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -4.04%
ROE -7.67%
ROCE 11.6%
ROIC 8.6%
ROICexc 11.91%
ROICexgc 45.16%
OM 5.43%
PM (TTM) N/A
GM N/A
FCFM 7.44%
ROA(3y)-1.19%
ROA(5y)-1.34%
ROE(3y)-2.38%
ROE(5y)-2.67%
ROIC(3y)2.64%
ROIC(5y)N/A
ROICexc(3y)4.06%
ROICexc(5y)N/A
ROICexgc(3y)51.09%
ROICexgc(5y)N/A
ROCE(3y)3.56%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y110.75%
ROICexc growth 3YN/A
ROICexc growth 5Y61.16%
OM growth 3YN/A
OM growth 5Y45.37%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover1.35
Health
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 1.31
Debt/EBITDA 0.69
Cap/Depr 13.39%
Cap/Sales 0.75%
Interest Coverage 4.42
Cash Conversion 74.06%
Profit Quality N/A
Current Ratio 1.23
Quick Ratio 1.21
Altman-Z N/A
F-Score3
WACC9.86%
ROIC/WACC0.87
Cap/Depr(3y)45.15%
Cap/Depr(5y)37.45%
Cap/Sales(3y)2.04%
Cap/Sales(5y)1.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-420.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%256.06%
EPS Next Y662.5%
EPS Next 2Y264.01%
EPS Next 3Y132.85%
EPS Next 5Y91.57%
Revenue 1Y (TTM)-14.67%
Revenue growth 3Y10.07%
Revenue growth 5Y9.72%
Sales Q2Q%13.91%
Revenue Next Year-6.23%
Revenue Next 2Y-1.77%
Revenue Next 3Y-0.17%
Revenue Next 5Y0.92%
EBIT growth 1Y73.93%
EBIT growth 3YN/A
EBIT growth 5Y59.5%
EBIT Next Year588.89%
EBIT Next 3Y89.25%
EBIT Next 5Y63.44%
FCF growth 1Y156.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y35.59%
OCF growth 3YN/A
OCF growth 5YN/A

GOODTECH ASA / GOD.OL FAQ

Can you provide the ChartMill fundamental rating for GOODTECH ASA?

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


What is the valuation status of GOODTECH ASA (GOD.OL) stock?

ChartMill assigns a valuation rating of 6 / 10 to GOODTECH ASA (GOD.OL). This can be considered as Fairly Valued.


How profitable is GOODTECH ASA (GOD.OL) stock?

GOODTECH ASA (GOD.OL) has a profitability rating of 3 / 10.


Can you provide the financial health for GOD stock?

The financial health rating of GOODTECH ASA (GOD.OL) is 5 / 10.


What is the expected EPS growth for GOODTECH ASA (GOD.OL) stock?

The Earnings per Share (EPS) of GOODTECH ASA (GOD.OL) is expected to grow by 662.5% in the next year.