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MAGNORA ASA (MGN.OL) Stock Fundamental Analysis

OSL:MGN - Euronext Oslo - NO0010187032 - Common Stock - Currency: NOK

23.05  +0.2 (+0.88%)

Fundamental Rating

5

Taking everything into account, MGN scores 5 out of 10 in our fundamental rating. MGN was compared to 19 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 is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

MGN had positive 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M

1.2 Ratios

MGN has a better Return On Assets (100.82%) than 100.00% of its industry peers.
MGN has a better Return On Equity (137.85%) than 100.00% of its industry peers.
Industry RankSector Rank
ROA 100.82%
ROE 137.85%
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200

1.3 Margins

MGN has a Profit Margin of 25808.70%. This is amongst the best in the industry. MGN outperforms 100.00% of its industry peers.
MGN's Profit Margin has improved in the last couple of years.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5K 10K 15K 20K 25K

7

2. Health

2.1 Basic Checks

MGN does not have a ROIC to compare to the WACC, probably because it is not profitable.
MGN has less shares outstanding than it did 1 year ago.
MGN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MGN is higher compared to a year ago.
MGN.OL Yearly Shares OutstandingMGN.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

MGN has an Altman-Z score of 5.97. This indicates that MGN is financially healthy and has little risk of bankruptcy at the moment.
MGN has a better Altman-Z score (5.97) than 100.00% of its industry peers.
There is no outstanding debt for MGN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 5.97
ROIC/WACCN/A
WACC8.54%
MGN.OL Yearly LT Debt VS Equity VS FCFMGN.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 200M 400M

2.3 Liquidity

MGN has a Current Ratio of 1.94. This is a normal value and indicates that MGN is financially healthy and should not expect problems in meeting its short term obligations.
MGN's Current ratio of 1.94 is amongst the best of the industry. MGN outperforms 84.21% of its industry peers.
MGN has a Quick Ratio of 1.94. This is a normal value and indicates that MGN is financially healthy and should not expect problems in meeting its short term obligations.
MGN has a Quick ratio of 1.94. This is amongst the best in the industry. MGN outperforms 84.21% of its industry peers.
Industry RankSector Rank
Current Ratio 1.94
Quick Ratio 1.94
MGN.OL Yearly Current Assets VS Current LiabilitesMGN.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

3

3. Growth

3.1 Past

MGN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 210.84%, which is quite impressive.
The Earnings Per Share has been growing by 87.45% on average over the past years. This is a very strong growth
MGN shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -80.99%.
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)210.84%
EPS 3YN/A
EPS 5Y87.45%
EPS Q2Q%6241%
Revenue 1Y (TTM)-80.99%
Revenue growth 3Y-46.71%
Revenue growth 5Y-43.96%
Sales Q2Q%226.97%

3.2 Future

Based on estimates for the next years, MGN will show a decrease in Earnings Per Share. The EPS will decrease by -3.93% on average per year.
The Revenue is expected to decrease by -0.81% on average over the next years.
EPS Next Y-21.58%
EPS Next 2Y28.37%
EPS Next 3Y-3.93%
EPS Next 5YN/A
Revenue Next Year-8.07%
Revenue Next 2Y1.5%
Revenue Next 3Y-0.81%
Revenue Next 5YN/A

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 accelerating.
MGN.OL Yearly Revenue VS EstimatesMGN.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M
MGN.OL Yearly EPS VS EstimatesMGN.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2020 2021 2022 2023 2024 2025 2026 2027 0 2 4 6

5

4. Valuation

4.1 Price/Earnings Ratio

MGN is valuated cheaply with a Price/Earnings ratio of 5.50.
MGN's Price/Earnings ratio is rather cheap when compared to the industry. MGN is cheaper than 94.74% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.82, MGN is valued rather cheaply.
The Price/Forward Earnings ratio is 3.34, which indicates a rather cheap valuation of MGN.
MGN's Price/Forward Earnings ratio is rather cheap when compared to the industry. MGN is cheaper than 100.00% of the companies in the same industry.
MGN is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.5
Fwd PE 3.34
MGN.OL Price Earnings VS Forward Price EarningsMGN.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

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 6

4.3 Compensation for Growth

MGN's earnings are expected to decrease with -3.93% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.06
EPS Next 2Y28.37%
EPS Next 3Y-3.93%

0

5. Dividend

5.1 Amount

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

MAGNORA ASA

OSL:MGN (5/23/2025, 7:00:00 PM)

23.05

+0.2 (+0.88%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)04-25 2025-04-25/bmo
Earnings (Next)07-18 2025-07-18
Inst Owners11.34%
Inst Owner ChangeN/A
Ins Owners5.78%
Ins Owner ChangeN/A
Market Cap1.52B
Analysts86.67
Price Target38.08 (65.21%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend4.62
Dividend Growth(5Y)0.46%
DP50.45%
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)2
Avg Revenue beat(2)60.49%
Min Revenue beat(2)46.86%
Max Revenue beat(2)74.12%
Revenue beat(4)4
Avg Revenue beat(4)46.59%
Min Revenue beat(4)20.97%
Max Revenue beat(4)74.12%
Revenue beat(8)5
Avg Revenue beat(8)16.6%
Revenue beat(12)8
Avg Revenue beat(12)275.21%
Revenue beat(16)10
Avg Revenue beat(16)232.41%
PT rev (1m)-0.89%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)-96.39%
EPS NY rev (1m)0%
EPS NY rev (3m)13.94%
Revenue NQ rev (1m)15.46%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)25.13%
Revenue NY rev (3m)25.13%
Valuation
Industry RankSector Rank
PE 5.5
Fwd PE 3.34
P/S 659.23
P/FCF N/A
P/OCF N/A
P/B 3.52
P/tB 5.42
EV/EBITDA N/A
EPS(TTM)4.19
EY18.18%
EPS(NY)6.9
Fwd EY29.93%
FCF(TTM)-1.49
FCFYN/A
OCF(TTM)-1.49
OCFYN/A
SpS0.03
BVpS6.55
TBVpS4.25
PEG (NY)N/A
PEG (5Y)0.06
Profitability
Industry RankSector Rank
ROA 100.82%
ROE 137.85%
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
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 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 9.09%
Cap/Sales 4.35%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.94
Quick Ratio 1.94
Altman-Z 5.97
F-Score4
WACC8.54%
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)210.84%
EPS 3YN/A
EPS 5Y87.45%
EPS Q2Q%6241%
EPS Next Y-21.58%
EPS Next 2Y28.37%
EPS Next 3Y-3.93%
EPS Next 5YN/A
Revenue 1Y (TTM)-80.99%
Revenue growth 3Y-46.71%
Revenue growth 5Y-43.96%
Sales Q2Q%226.97%
Revenue Next Year-8.07%
Revenue Next 2Y1.5%
Revenue Next 3Y-0.81%
Revenue Next 5YN/A
EBIT growth 1Y75.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-19.3%
EBIT Next 3Y-8.1%
EBIT Next 5YN/A
FCF growth 1Y-252.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-535.07%
OCF growth 3YN/A
OCF growth 5YN/A