NORTHERN OCEAN LTD (NOL.OL) Stock Fundamental Analysis
Europe - OSL:NOL - BMG6682J1036 - Common Stock
6.15 NOK
+0.05 (+0.82%)
We assign a fundamental rating of 2 out of 10 to NOL. NOL was compared to 35 industry peers in the Energy Equipment & Services industry. NOL may be in some trouble as it scores bad on both profitability and health. NOL is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years NOL reported 4 times negative operating cash flow.
1.2 Ratios
NOL has a Return On Assets of -7.12%. This is amonst the worse of the industry: NOL underperforms 91.43% of its industry peers.
NOL has a worse Return On Equity (-18.11%) than 91.43% of its industry peers.
| 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 (24.96%) which is in line with 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%
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
NOL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NOL has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.41, we must say that NOL is in the distress zone and has some risk of bankruptcy.
NOL has a worse Altman-Z score (-0.41) than 62.86% of its industry peers.
A Debt/Equity ratio of 0.59 indicates that NOL is somewhat dependend on debt financing.
NOL has a Debt to Equity ratio (0.59) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.41 |
ROIC/WACCN/A
WACC7.38%
2.3 Liquidity
NOL has a Current 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.
Looking at the Current ratio, with a value of 0.27, NOL is doing worse than 94.29% of the companies in the same industry.
A Quick Ratio of 0.27 indicates that NOL may have some problems paying its short term obligations.
NOL has a Quick ratio of 0.27. This is amonst the worse of the industry: NOL underperforms 94.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.27 | ||
| Quick Ratio | 0.27 |
3. Growth
3.1 Past
NOL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.86%.
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
The Earnings Per Share is expected to grow by 26.98% on average over the next years. This is a very strong growth
NOL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.14% yearly.
EPS Next Y44.77%
EPS Next 2Y50.08%
EPS Next 3Y26.98%
EPS Next 5YN/A
Revenue Next Year-10.15%
Revenue Next 2Y6.72%
Revenue Next 3Y5.14%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NOL. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 7.44 indicates a rather cheap valuation of NOL.
NOL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NOL is cheaper than 62.86% of the companies in the same industry.
NOL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 7.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NOL is valued a bit more expensive than 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.57 |
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.
A more expensive valuation may be justified as NOL's earnings are expected to grow with 26.98% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50.08%
EPS Next 3Y26.98%
5. Dividend
5.1 Amount
NOL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:NOL (10/24/2025, 7:00:00 PM)
6.15
+0.05 (+0.82%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners8.65%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap1.86B
Revenue(TTM)215.86M
Net Income(TTM)-76018000
Analysts77.5
Price Target7.99 (29.92%)
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)0%
PT rev (3m)-4.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)42.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)29.91%
Revenue NY rev (1m)1.12%
Revenue NY rev (3m)0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 7.44 | ||
| P/S | 0.84 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.43 | ||
| P/tB | 0.43 | ||
| EV/EBITDA | 19.57 |
EPS(TTM)-3.37
EYN/A
EPS(NY)0.83
Fwd EY13.43%
FCF(TTM)-2.75
FCFYN/A
OCF(TTM)-0.45
OCFYN/A
SpS7.28
BVpS14.16
TBVpS14.16
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 | -0.41 |
F-Score3
WACC7.38%
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 Y44.77%
EPS Next 2Y50.08%
EPS Next 3Y26.98%
EPS Next 5YN/A
Revenue 1Y (TTM)-32.48%
Revenue growth 3Y57.31%
Revenue growth 5Y79.78%
Sales Q2Q%-25.14%
Revenue Next Year-10.15%
Revenue Next 2Y6.72%
Revenue Next 3Y5.14%
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 2 / 10 to NOL.OL.
What is the valuation status for NOL stock?
ChartMill assigns a valuation rating of 4 / 10 to NORTHERN OCEAN LTD (NOL.OL). This can be considered as Fairly Valued.
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 44.77% in the next year.