MAGNORA ASA (MGN.OL) Stock Fundamental Analysis

OSL:MGN • NO0010187032

20.7 NOK
-0.25 (-1.19%)
Last: Feb 24, 2026, 04:18 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Overall MGN gets a fundamental rating of 4 out of 10. We evaluated MGN against 20 industry peers in the Independent Power and Renewable Electricity Producers industry. While MGN has a great health rating, its profitability is only average at the moment. MGN has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • MGN had negative earnings in the past year.
  • MGN had a negative operating cash flow in the past year.
  • MGN had positive earnings in 4 of the past 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: MGN reported negative operating cash flow in multiple years.
MGN.OL Yearly Net Income VS EBIT VS OCF VS FCFMGN.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 200M -200M 400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 127.08%, MGN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 162.90%, MGN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
ROA 127.08%
ROE 162.9%
ROIC N/A
ROA(3y)45.75%
ROA(5y)25.52%
ROE(3y)62.41%
ROE(5y)34.96%
ROIC(3y)N/A
ROIC(5y)N/A
MGN.OL Yearly ROA, ROE, ROICMGN.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200

1.3 Margins

  • Looking at the Profit Margin, with a value of 25808.70%, MGN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • In the last couple of years the Profit Margin of MGN has grown nicely.
  • MGN does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 25808.7%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y250.83%
GM growth 3YN/A
GM growth 5YN/A
MGN.OL Yearly Profit, Operating, Gross MarginsMGN.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5K 10K 15K 20K 25K

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • MGN does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for MGN has been reduced compared to 1 year ago.
  • The number of shares outstanding for MGN has been increased compared to 5 years ago.
  • Compared to 1 year ago, MGN has a worse debt to assets ratio.
MGN.OL Yearly Shares OutstandingMGN.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
MGN.OL Yearly Total Debt VS Total AssetsMGN.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 8.24 indicates that MGN is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 8.24, MGN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • MGN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 8.24
ROIC/WACCN/A
WACC8.57%
MGN.OL Yearly LT Debt VS Equity VS FCFMGN.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

  • MGN has a Current Ratio of 1.99. This is a normal value and indicates that MGN is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Current ratio value of 1.99, MGN is doing good in the industry, outperforming 70.00% of the companies in the same industry.
  • A Quick Ratio of 1.99 indicates that MGN should not have too much problems paying its short term obligations.
  • MGN's Quick ratio of 1.99 is fine compared to the rest of the industry. MGN outperforms 70.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.99
Quick Ratio 1.99
MGN.OL Yearly Current Assets VS Current LiabilitesMGN.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

2

3. Growth

3.1 Past

  • The earnings per share for MGN have decreased strongly by -104.27% in the last year.
  • The Earnings Per Share has been growing by 87.45% on average over the past years. This is a very strong growth
  • Looking at the last year, MGN shows a very negative growth in Revenue. The Revenue has decreased by -80.99% in the last year.
  • MGN shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -43.96% yearly.
EPS 1Y (TTM)-104.27%
EPS 3YN/A
EPS 5Y87.45%
EPS Q2Q%-106.44%
Revenue 1Y (TTM)-80.99%
Revenue growth 3Y-46.71%
Revenue growth 5Y-43.96%
Sales Q2Q%-99.81%

3.2 Future

  • MGN is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -11.40% yearly.
  • Based on estimates for the next years, MGN will show a small growth in Revenue. The Revenue will grow by 3.04% on average per year.
EPS Next Y-60.71%
EPS Next 2Y-12.52%
EPS Next 3Y-11.4%
EPS Next 5YN/A
Revenue Next Year-17.79%
Revenue Next 2Y5.67%
Revenue Next 3Y3.04%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
MGN.OL Yearly Revenue VS EstimatesMGN.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
MGN.OL Yearly EPS VS EstimatesMGN.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • MGN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • A Price/Forward Earnings ratio of 6.46 indicates a rather cheap valuation of MGN.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MGN indicates a rather cheap valuation: MGN is cheaper than 95.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.75, MGN is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 6.46
MGN.OL Price Earnings VS Forward Price EarningsMGN.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
MGN.OL Per share dataMGN.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

  • A cheap valuation may be justified as MGN's earnings are expected to decrease with -11.40% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.52%
EPS Next 3Y-11.4%

More info and screens

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

0

5. Dividend

5.1 Amount

  • MGN does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

MAGNORA ASA

OSL:MGN (2/24/2026, 4:18:37 PM)

20.7

-0.25 (-1.19%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)02-17
Earnings (Next)04-23
Inst Owners17.58%
Inst Owner ChangeN/A
Ins Owners4.64%
Ins Owner ChangeN/A
Market Cap1.36B
Revenue(TTM)2.30M
Net Income(TTM)593.60M
Analysts86.67
Price Target36.04 (74.11%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend4.62
Dividend Growth(5Y)0.46%
DP8.1%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-210.19%
Min EPS beat(2)-312.69%
Max EPS beat(2)-107.69%
EPS beat(4)1
Avg EPS beat(4)227.83%
Min EPS beat(4)-312.69%
Max EPS beat(4)1409.9%
EPS beat(8)2
Avg EPS beat(8)56.72%
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)-86.23%
Min Revenue beat(2)-99.77%
Max Revenue beat(2)-72.69%
Revenue beat(4)2
Avg Revenue beat(4)-9.36%
Min Revenue beat(4)-99.77%
Max Revenue beat(4)118.97%
Revenue beat(8)5
Avg Revenue beat(8)19.58%
Revenue beat(12)7
Avg Revenue beat(12)171.94%
Revenue beat(16)8
Avg Revenue beat(16)117.36%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)36.23%
EPS NY rev (1m)0%
EPS NY rev (3m)-51.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)42.38%
Revenue NY rev (1m)20.82%
Revenue NY rev (3m)-9.58%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 6.46
P/S 592.02
P/FCF N/A
P/OCF N/A
P/B 3.74
P/tB 6.31
EV/EBITDA N/A
EPS(TTM)-0.18
EYN/A
EPS(NY)3.21
Fwd EY15.49%
FCF(TTM)-1.64
FCFYN/A
OCF(TTM)-1.64
OCFYN/A
SpS0.03
BVpS5.54
TBVpS3.28
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 127.08%
ROE 162.9%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 25808.7%
GM N/A
FCFM N/A
ROA(3y)45.75%
ROA(5y)25.52%
ROE(3y)62.41%
ROE(5y)34.96%
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 5Y250.83%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 0%
Cap/Sales 0%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.99
Quick Ratio 1.99
Altman-Z 8.24
F-Score4
WACC8.57%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)19.76%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-104.27%
EPS 3YN/A
EPS 5Y87.45%
EPS Q2Q%-106.44%
EPS Next Y-60.71%
EPS Next 2Y-12.52%
EPS Next 3Y-11.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-80.99%
Revenue growth 3Y-46.71%
Revenue growth 5Y-43.96%
Sales Q2Q%-99.81%
Revenue Next Year-17.79%
Revenue Next 2Y5.67%
Revenue Next 3Y3.04%
Revenue Next 5YN/A
EBIT growth 1Y75.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-47.84%
EBIT Next 3Y-6.04%
EBIT Next 5YN/A
FCF growth 1Y-820.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4795.45%
OCF growth 3YN/A
OCF growth 5YN/A

MAGNORA ASA / MGN.OL FAQ

What is the ChartMill fundamental rating of MAGNORA ASA (MGN.OL) stock?

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


What is the valuation status of MAGNORA ASA (MGN.OL) stock?

ChartMill assigns a valuation rating of 2 / 10 to MAGNORA ASA (MGN.OL). This can be considered as Overvalued.


How profitable is MAGNORA ASA (MGN.OL) stock?

MAGNORA ASA (MGN.OL) has a profitability rating of 4 / 10.


Can you provide the financial health for MGN stock?

The financial health rating of MAGNORA ASA (MGN.OL) is 7 / 10.


What is the earnings growth outlook for MAGNORA ASA?

The Earnings per Share (EPS) of MAGNORA ASA (MGN.OL) is expected to decline by -60.71% in the next year.