OKEA ASA (OKEA.OL) Stock Fundamental Analysis
OSL:OKEA - Euronext Oslo - NO0010816895 - Common Stock - Currency: NOK
OKEA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 58 industry peers in the Oil, Gas & Consumable Fuels industry. OKEA has a medium profitability rating, but doesn't score so well on its financial health evaluation. OKEA is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year OKEA was profitable.
OKEA had a positive operating cash flow in the past year.
In multiple years OKEA reported negative net income over the last 5 years.
In the past 5 years OKEA always reported a positive cash flow from operatings.
1.2 Ratios
OKEA has a Return On Assets of 1.94%. This is in the lower half of the industry: OKEA underperforms 77.59% of its industry peers.
OKEA's Return On Equity of 34.50% is amongst the best of the industry. OKEA outperforms 87.93% of its industry peers.
Looking at the Return On Invested Capital, with a value of 23.41%, OKEA belongs to the top of the industry, outperforming 91.38% of the companies in the same industry.
OKEA had an Average Return On Invested Capital over the past 3 years of 23.72%. This is significantly above the industry average of 15.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.94% | ||
| ROE | 34.5% | ||
| ROIC | 23.41% |
ROA(3y)0.39%
ROA(5y)-0.02%
ROE(3y)-20.73%
ROE(5y)-16.51%
ROIC(3y)23.72%
ROIC(5y)17.32%
1.3 Margins
The Profit Margin of OKEA (3.49%) is worse than 70.69% of its industry peers.
OKEA's Profit Margin has declined in the last couple of years.
OKEA has a better Operating Margin (40.86%) than 82.76% of its industry peers.
In the last couple of years the Operating Margin of OKEA has grown nicely.
OKEA has a better Gross Margin (69.85%) than 74.14% of its industry peers.
In the last couple of years the Gross Margin of OKEA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.86% | ||
| PM (TTM) | 3.49% | ||
| GM | 69.85% |
OM growth 3Y-6.96%
OM growth 5Y5.16%
PM growth 3Y-39.76%
PM growth 5YN/A
GM growth 3Y-3.3%
GM growth 5Y-1.64%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), OKEA is creating value.
OKEA has about the same amout of shares outstanding than it did 1 year ago.
OKEA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, OKEA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.43, we must say that OKEA is in the distress zone and has some risk of bankruptcy.
OKEA has a Altman-Z score of 1.43. This is in the lower half of the industry: OKEA underperforms 67.24% of its industry peers.
OKEA has a debt to FCF ratio of 3.67. This is a good value and a sign of high solvency as OKEA would need 3.67 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.67, OKEA is in the better half of the industry, outperforming 72.41% of the companies in the same industry.
OKEA has a Debt/Equity ratio of 2.65. This is a high value indicating a heavy dependency on external financing.
OKEA has a Debt to Equity ratio of 2.65. This is amonst the worse of the industry: OKEA underperforms 93.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.65 | ||
| Debt/FCF | 3.67 | ||
| Altman-Z | 1.43 |
ROIC/WACC2.56
WACC9.13%
2.3 Liquidity
OKEA has a Current Ratio of 1.31. This is a normal value and indicates that OKEA is financially healthy and should not expect problems in meeting its short term obligations.
OKEA's Current ratio of 1.31 is in line compared to the rest of the industry. OKEA outperforms 41.38% of its industry peers.
A Quick Ratio of 1.16 indicates that OKEA should not have too much problems paying its short term obligations.
OKEA has a Quick ratio (1.16) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The earnings per share for OKEA have decreased strongly by -94.69% in the last year.
The earnings per share for OKEA have been decreasing by -14.31% on average. This is quite bad
OKEA shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.76%.
Measured over the past years, OKEA shows a very strong growth in Revenue. The Revenue has been growing by 30.21% on average per year.
EPS 1Y (TTM)-94.69%
EPS 3Y-14.31%
EPS 5YN/A
EPS Q2Q%-56.48%
Revenue 1Y (TTM)25.76%
Revenue growth 3Y42.72%
Revenue growth 5Y30.21%
Sales Q2Q%6.81%
3.2 Future
Based on estimates for the next years, OKEA will show a very strong growth in Earnings Per Share. The EPS will grow by 49.23% on average per year.
Based on estimates for the next years, OKEA will show a very negative growth in Revenue. The Revenue will decrease by -10.88% on average per year.
EPS Next Y567.28%
EPS Next 2Y119.59%
EPS Next 3Y76%
EPS Next 5Y49.23%
Revenue Next Year-18.56%
Revenue Next 2Y-17.9%
Revenue Next 3Y-10.18%
Revenue Next 5Y-10.88%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
OKEA is valuated correctly with a Price/Earnings ratio of 16.12.
Based on the Price/Earnings ratio, OKEA is valued a bit more expensive than 67.24% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 24.29. OKEA is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 2.41, the valuation of OKEA can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OKEA indicates a rather cheap valuation: OKEA is cheaper than 98.28% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of OKEA to the average of the S&P500 Index (20.42), we can say OKEA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.12 | ||
| Fwd PE | 2.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OKEA is valued cheaply inside the industry as 98.28% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OKEA indicates a rather cheap valuation: OKEA is cheaper than 94.83% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.05 | ||
| EV/EBITDA | 0.14 |
4.3 Compensation for Growth
OKEA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of OKEA may justify a higher PE ratio.
A more expensive valuation may be justified as OKEA's earnings are expected to grow with 76.00% in the coming years.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y119.59%
EPS Next 3Y76%
5. Dividend
5.1 Amount
OKEA has a Yearly Dividend Yield of 10.96%, which is a nice return.
OKEA's Dividend Yield is rather good when compared to the industry average which is at 61.98. OKEA pays more dividend than 84.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, OKEA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.96% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y119.59%
EPS Next 3Y76%
OSL:OKEA (5/7/2025, 4:09:29 PM)
16.12
-0.08 (-0.49%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners1.26%
Inst Owner ChangeN/A
Ins Owners3.11%
Ins Owner ChangeN/A
Market Cap1.68B
Analysts83.08
Price Target28.56 (77.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.96% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-212.6%
Min EPS beat(2)-452.02%
Max EPS beat(2)26.82%
EPS beat(4)2
Avg EPS beat(4)-91.53%
Min EPS beat(4)-452.02%
Max EPS beat(4)62.68%
EPS beat(8)5
Avg EPS beat(8)14.61%
EPS beat(12)7
Avg EPS beat(12)26.94%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)6.48%
Min Revenue beat(2)2%
Max Revenue beat(2)10.96%
Revenue beat(4)3
Avg Revenue beat(4)5.19%
Min Revenue beat(4)-7.25%
Max Revenue beat(4)15.03%
Revenue beat(8)6
Avg Revenue beat(8)9.39%
Revenue beat(12)6
Avg Revenue beat(12)-3.54%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.78%
PT rev (3m)-3.45%
EPS NQ rev (1m)11.89%
EPS NQ rev (3m)15.97%
EPS NY rev (1m)-0.1%
EPS NY rev (3m)-4.86%
Revenue NQ rev (1m)4.36%
Revenue NQ rev (3m)1.96%
Revenue NY rev (1m)-1.4%
Revenue NY rev (3m)1.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.12 | ||
| Fwd PE | 2.41 | ||
| P/S | 0.15 | ||
| P/FCF | 2.05 | ||
| P/OCF | 0.39 | ||
| P/B | 1.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 0.14 |
EPS(TTM)1
EY6.2%
EPS(NY)6.69
Fwd EY41.48%
FCF(TTM)7.86
FCFY48.75%
OCF(TTM)40.97
OCFY254.16%
SpS105.76
BVpS10.69
TBVpS-6.64
PEG (NY)0.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.94% | ||
| ROE | 34.5% | ||
| ROCE | 30.41% | ||
| ROIC | 23.41% | ||
| ROICexc | 30.37% | ||
| ROICexgc | 36.07% | ||
| OM | 40.86% | ||
| PM (TTM) | 3.49% | ||
| GM | 69.85% | ||
| FCFM | 7.43% |
ROA(3y)0.39%
ROA(5y)-0.02%
ROE(3y)-20.73%
ROE(5y)-16.51%
ROIC(3y)23.72%
ROIC(5y)17.32%
ROICexc(3y)28.5%
ROICexc(5y)20.97%
ROICexgc(3y)34.6%
ROICexgc(5y)25.03%
ROCE(3y)30.81%
ROCE(5y)22.49%
ROICexcg growth 3Y22.67%
ROICexcg growth 5Y25.24%
ROICexc growth 3Y19.69%
ROICexc growth 5Y26.22%
OM growth 3Y-6.96%
OM growth 5Y5.16%
PM growth 3Y-39.76%
PM growth 5YN/A
GM growth 3Y-3.3%
GM growth 5Y-1.64%
F-Score6
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.65 | ||
| Debt/FCF | 3.67 | ||
| Debt/EBITDA | 0.4 | ||
| Cap/Depr | 119.52% | ||
| Cap/Sales | 31.31% | ||
| Interest Coverage | 20.07 | ||
| Cash Conversion | 57.77% | ||
| Profit Quality | 213.05% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 1.43 |
F-Score6
WACC9.13%
ROIC/WACC2.56
Cap/Depr(3y)139.8%
Cap/Depr(5y)138.38%
Cap/Sales(3y)25.34%
Cap/Sales(5y)32.15%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-94.69%
EPS 3Y-14.31%
EPS 5YN/A
EPS Q2Q%-56.48%
EPS Next Y567.28%
EPS Next 2Y119.59%
EPS Next 3Y76%
EPS Next 5Y49.23%
Revenue 1Y (TTM)25.76%
Revenue growth 3Y42.72%
Revenue growth 5Y30.21%
Sales Q2Q%6.81%
Revenue Next Year-18.56%
Revenue Next 2Y-17.9%
Revenue Next 3Y-10.18%
Revenue Next 5Y-10.88%
EBIT growth 1Y10.49%
EBIT growth 3Y32.79%
EBIT growth 5Y36.94%
EBIT Next Year25.32%
EBIT Next 3Y3.24%
EBIT Next 5Y-3.06%
FCF growth 1Y-74.48%
FCF growth 3Y-21.31%
FCF growth 5Y-17.3%
OCF growth 1Y-17.94%
OCF growth 3Y19.17%
OCF growth 5Y15.06%