NOL Fundamental Analysis - NORTHERN OCEAN LTD

Fundamental Rating

Taking everything into account, NOL scores 1 out of 10 in our fundamental rating. NOL was compared to 39 industry peers in the Energy Equipment & Services industry. NOL may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, NOL is valued expensive at the moment.

Quickly go to:

1. Profitability

1.1 Basic Checks

NOL had negative earnings in the past year.

NOL had a negative operating cash flow in the past year.

In the past 5 years NOL always reported negative net income.

NOL had negative operating cash flow in 4 of the past 5 years.

1.2 Ratios

NOL has a Return On Assets of -7.12%. This is amonst the worse of the industry: NOL underperforms 89.74% of its industry peers.

With a Return On Equity value of -18.11%, NOL is not doing good in the industry: 89.74% of the companies in the same industry are doing better.

		Industry Rank	Sector Rank
ROA	-7.12%
ROE	-18.11%
ROIC	N/A

ROA(3y)-7.3%

ROA(5y)-5.25%

ROE(3y)-16.42%

ROE(5y)-11.74%

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

NOL has a Gross Margin of 24.96%. This is comparable to the rest of the industry: NOL outperforms 48.72% of its industry peers.

NOL's Gross Margin has improved in the last couple of years.

NOL does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.

		Industry Rank	Sector Rank
OM	N/A
PM (TTM)	N/A
GM	24.96%

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y-2.2%

GM growth 5Y128.67%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

NOL does not have a ROIC to compare to the WACC, probably because it is not profitable.

Compared to 1 year ago, NOL has more shares outstanding

Compared to 5 years ago, NOL has more shares outstanding

NOL has a worse debt/assets ratio than last year.

2.2 Solvency

Based on the Altman-Z score of -0.36, we must say that NOL is in the distress zone and has some risk of bankruptcy.

With a Altman-Z score value of -0.36, NOL is not doing good in the industry: 64.10% of the companies in the same industry are doing better.

NOL has a Debt/Equity ratio of 0.59. This is a neutral value indicating NOL is somewhat dependend on debt financing.

NOL has a Debt to Equity ratio (0.59) which is in line with its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.59
Debt/FCF	N/A
Altman-Z	-0.36

ROIC/WACCN/A

WACC7.62%

2.3 Liquidity

A Current Ratio of 0.27 indicates that NOL may have some problems paying its short term obligations.

NOL has a worse Current ratio (0.27) than 94.87% of its industry peers.

NOL has a Quick Ratio of 0.27. This is a bad value and indicates that NOL is not financially healthy enough and could expect problems in meeting its short term obligations.

NOL has a Quick ratio of 0.27. This is amonst the worse of the industry: NOL underperforms 94.87% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	0.27
Quick Ratio	0.27

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

The earnings per share for NOL have decreased strongly by -17.86% in the last year.

The Revenue for NOL has decreased by -32.48% in the past year. This is quite bad

Measured over the past years, NOL shows a very strong growth in Revenue. The Revenue has been growing by 79.78% on average per year.

EPS 1Y (TTM)-17.86%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-66.67%

Revenue 1Y (TTM)-32.48%

Revenue growth 3Y57.31%

Revenue growth 5Y79.78%

Sales Q2Q%-25.14%

3.2 Future

Based on estimates for the next years, NOL will show a very strong growth in Earnings Per Share. The EPS will grow by 27.19% on average per year.

The Revenue is expected to grow by 4.26% on average over the next years.

EPS Next Y41.7%

EPS Next 2Y39.92%

EPS Next 3Y27.19%

EPS Next 5YN/A

Revenue Next Year-11.99%

Revenue Next 2Y5%

Revenue Next 3Y4.26%

Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

NOL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.

Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NOL. No positive earnings are expected for the next year.

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A

4.2 Price Multiples

NOL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. NOL is more expensive than 74.36% of the companies in the same industry.

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	21.23

4.3 Compensation for Growth

A more expensive valuation may be justified as NOL's earnings are expected to grow with 27.19% in the coming years.

PEG (NY)N/A

PEG (5Y)N/A

EPS Next 2Y39.92%

EPS Next 3Y27.19%

More info and screens

Show best valued peers

5. Dividend

5.1 Amount

NOL does not give a dividend.

		Industry Rank	Sector Rank
Dividend Yield	N/A

More info and screens

Find the best dividend stocks

Show peers with best dividend

NORTHERN OCEAN LTD

OSL:NOL (11/26/2025, 7:00:00 PM)

8.11

+0.04 (+0.5%)

Chartmill FA Rating

GICS SectorEnergy

GICS IndustryGroupEnergy

GICS IndustryEnergy Equipment & Services

Earnings (Last)08-29 2025-08-29/bmo

Earnings (Next)11-28 2025-11-28

Inst Owners8.65%

Inst Owner ChangeN/A

Ins Owners0.02%

Ins Owner ChangeN/A

Market Cap2.46B

Revenue(TTM)215.86M

Net Income(TTM)-76.02M

Analysts77.78

Price Target6.8 (-16.15%)

Short Float %N/A

Short RatioN/A

Dividend

		Industry Rank	Sector Rank
Dividend Yield	N/A

Yearly DividendN/A

Dividend Growth(5Y)N/A

DPN/A

Div Incr Years0

Div Non Decr Years0

Ex-DateN/A

Surprises & Revisions

EPS beat(2)2

Avg EPS beat(2)47.96%

Min EPS beat(2)33.99%

Max EPS beat(2)61.92%

EPS beat(4)2

Avg EPS beat(4)-40.16%

Min EPS beat(4)-147.52%

Max EPS beat(4)61.92%

EPS beat(8)2

Avg EPS beat(8)-145.66%

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)40.41%

Min Revenue beat(2)10.56%

Max Revenue beat(2)70.25%

Revenue beat(4)2

Avg Revenue beat(4)17.67%

Min Revenue beat(4)-5.3%

Max Revenue beat(4)70.25%

Revenue beat(8)5

Avg Revenue beat(8)12.49%

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)-14.89%

PT rev (3m)-14.89%

EPS NQ rev (1m)0%

EPS NQ rev (3m)0%

EPS NY rev (1m)-5.55%

EPS NY rev (3m)-5.55%

Revenue NQ rev (1m)0%

Revenue NQ rev (3m)0%

Revenue NY rev (1m)-2.05%

Revenue NY rev (3m)-0.95%

Valuation

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A
P/S	1.11
P/FCF	N/A
P/OCF	N/A
P/B	0.57
P/tB	0.57
EV/EBITDA	21.23

EPS(TTM)-3.38

EYN/A

EPS(NY)-0.14

Fwd EYN/A

FCF(TTM)-2.75

FCFYN/A

OCF(TTM)-0.45

OCFYN/A

SpS7.28

BVpS14.17

TBVpS14.17

PEG (NY)N/A

PEG (5Y)N/A

Graham NumberN/A

Profitability

		Industry Rank	Sector Rank
ROA	-7.12%
ROE	-18.11%
ROCE	N/A
ROIC	N/A
ROICexc	N/A
ROICexgc	N/A
OM	N/A
PM (TTM)	N/A
GM	24.96%
FCFM	N/A

ROA(3y)-7.3%

ROA(5y)-5.25%

ROE(3y)-16.42%

ROE(5y)-11.74%

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 5YN/A

GM growth 3Y-2.2%

GM growth 5Y128.67%

F-Score3

Asset Turnover0.2

Health

		Industry Rank	Sector Rank
Debt/Equity	0.59
Debt/FCF	N/A
Debt/EBITDA	6.95
Cap/Depr	126.62%
Cap/Sales	31.56%
Interest Coverage	N/A
Cash Conversion	N/A
Profit Quality	N/A
Current Ratio	0.27
Quick Ratio	0.27
Altman-Z	-0.36

F-Score3

WACC7.62%

ROIC/WACCN/A

Cap/Depr(3y)78.92%

Cap/Depr(5y)75.36%

Cap/Sales(3y)21.09%

Cap/Sales(5y)21.44%

Profit Quality(3y)N/A

Profit Quality(5y)N/A

High Growth Momentum

Growth

EPS 1Y (TTM)-17.86%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-66.67%

EPS Next Y41.7%

EPS Next 2Y39.92%

EPS Next 3Y27.19%

EPS Next 5YN/A

Revenue 1Y (TTM)-32.48%

Revenue growth 3Y57.31%

Revenue growth 5Y79.78%

Sales Q2Q%-25.14%

Revenue Next Year-11.99%

Revenue Next 2Y5%

Revenue Next 3Y4.26%

Revenue Next 5YN/A

EBIT growth 1Y-1984.82%

EBIT growth 3YN/A

EBIT growth 5YN/A

EBIT Next Year793.23%

EBIT Next 3Y160.54%

EBIT Next 5YN/A

FCF growth 1Y19.05%

FCF growth 3YN/A

FCF growth 5YN/A

OCF growth 1Y79.75%

OCF growth 3YN/A

OCF growth 5YN/A

NORTHERN OCEAN LTD / NOL.OL FAQ

What is the fundamental rating for NOL stock?

ChartMill assigns a fundamental rating of 1 / 10 to NOL.OL.

What is the valuation status for NOL stock?

ChartMill assigns a valuation rating of 1 / 10 to NORTHERN OCEAN LTD (NOL.OL). This can be considered as Overvalued.

How profitable is NORTHERN OCEAN LTD (NOL.OL) stock?

NORTHERN OCEAN LTD (NOL.OL) has a profitability rating of 1 / 10.

What is the earnings growth outlook for NORTHERN OCEAN LTD?

The Earnings per Share (EPS) of NORTHERN OCEAN LTD (NOL.OL) is expected to grow by 41.7% in the next year.

NORTHERN OCEAN LTD (NOL.OL) Stock Fundamental Analysis

1. Profitability

1.1 Basic Checks

1.2 Ratios

1.3 Margins

More info and screens

2. Health

2.1 Basic Checks

2.2 Solvency

2.3 Liquidity

More info and screens

3. Growth

3.1 Past

3.2 Future

3.3 Evolution

More info and screens

4. Valuation

4.1 Price/Earnings Ratio

4.2 Price Multiples

4.3 Compensation for Growth

More info and screens

5. Dividend

5.1 Amount

More info and screens

NORTHERN OCEAN LTD / NOL.OL FAQ

What is the fundamental rating for NOL stock?

What is the valuation status for NOL stock?

How profitable is NORTHERN OCEAN LTD (NOL.OL) stock?

What is the earnings growth outlook for NORTHERN OCEAN LTD?