OKEA ASA (OKEA.OL) Stock Fundamental Analysis
OSL:OKEA - Euronext Oslo - NO0010816895 - Common Stock - Currency: NOK
Overall OKEA gets a fundamental rating of 5 out of 10. We evaluated OKEA against 62 industry peers in the Oil, Gas & Consumable Fuels industry. While OKEA has a great profitability rating, there are some minor concerns on its financial health. OKEA is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
OKEA had positive earnings in the past year.
In the past year OKEA has reported a negative cash flow from operations.
The reported net income has been mixed in the past 5 years: OKEA reported negative net income in multiple years.
Each year in the past 5 years OKEA had a positive operating cash flow.
1.2 Ratios
OKEA has a Return On Assets of 7.58%. This is in the better half of the industry: OKEA outperforms 67.74% of its industry peers.
OKEA has a Return On Equity of 111.32%. This is amongst the best in the industry. OKEA outperforms 98.39% of its industry peers.
OKEA has a Return On Invested Capital of 67.47%. This is amongst the best in the industry. OKEA outperforms 98.39% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OKEA is significantly above the industry average of 14.65%.
The last Return On Invested Capital (67.47%) for OKEA is above the 3 year average (23.72%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.58% | ||
| ROE | 111.32% | ||
| ROIC | 67.47% |
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 (4.44%) is worse than 67.74% of its industry peers.
In the last couple of years the Profit Margin of OKEA has declined.
OKEA has a Operating Margin of 38.63%. This is amongst the best in the industry. OKEA outperforms 85.48% of its industry peers.
OKEA's Operating Margin has improved in the last couple of years.
OKEA has a Gross Margin of 65.83%. This is in the better half of the industry: OKEA outperforms 72.58% of its industry peers.
In the last couple of years the Gross Margin of OKEA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.63% | ||
| PM (TTM) | 4.44% | ||
| GM | 65.83% |
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
OKEA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, OKEA has about the same amount of shares outstanding.
Compared to 5 years ago, OKEA has more shares outstanding
OKEA has a worse debt/assets ratio than last year.
2.2 Solvency
OKEA has an Altman-Z score of 4.59. This indicates that OKEA is financially healthy and has little risk of bankruptcy at the moment.
OKEA's Altman-Z score of 4.59 is amongst the best of the industry. OKEA outperforms 88.71% of its industry peers.
A Debt/Equity ratio of 2.04 is on the high side and indicates that OKEA has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.04, OKEA is doing worse than 90.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.04 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.59 |
ROIC/WACC7.98
WACC8.45%
2.3 Liquidity
A Current Ratio of 1.33 indicates that OKEA should not have too much problems paying its short term obligations.
OKEA has a Current ratio (1.33) which is comparable to the rest of the industry.
A Quick Ratio of 1.20 indicates that OKEA should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.20, OKEA is in line with its industry, outperforming 53.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for OKEA have decreased strongly by -91.05% in the last year.
OKEA shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -60.68% yearly.
Looking at the last year, OKEA shows a very negative growth in Revenue. The Revenue has decreased by -65.29% in the last year.
The Revenue for OKEA have been decreasing by -18.40% on average. This is quite bad
EPS 1Y (TTM)-91.05%
EPS 3Y-60.68%
EPS 5YN/A
EPS Q2Q%30.51%
Revenue 1Y (TTM)-65.29%
Revenue growth 3Y-34.51%
Revenue growth 5Y-18.4%
Sales Q2Q%-15.19%
3.2 Future
The Earnings Per Share is expected to grow by 47.41% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -13.09% on average over the next years. This is quite bad
EPS Next Y567.28%
EPS Next 2Y119.59%
EPS Next 3Y76%
EPS Next 5Y47.41%
Revenue Next Year-18.56%
Revenue Next 2Y-17.9%
Revenue Next 3Y-10.18%
Revenue Next 5Y-13.09%
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 accelerating.
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.22, the valuation of OKEA can be described as reasonable.
OKEA's Price/Earnings is on the same level as the industry average.
OKEA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
Based on the Price/Forward Earnings ratio of 3.58, the valuation of OKEA can be described as very cheap.
OKEA's Price/Forward Earnings ratio is rather cheap when compared to the industry. OKEA is cheaper than 98.39% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.70, OKEA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.22 | ||
| Fwd PE | 3.58 |
4.2 Price Multiples
OKEA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. OKEA is cheaper than 83.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.08 |
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.
The decent profitability rating of OKEA may justify a higher PE ratio.
OKEA's earnings are expected to grow with 76.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y119.59%
EPS Next 3Y76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 10.96%, OKEA is a good candidate for dividend investing.
OKEA's Dividend Yield is rather good when compared to the industry average which is at 56.55. OKEA pays more dividend than 85.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, 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 (7/2/2025, 4:14:16 PM)
17.28
+0.32 (+1.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners1.1%
Inst Owner ChangeN/A
Ins Owners3.22%
Ins Owner ChangeN/A
Market Cap1.80B
Analysts81.67
Price Target24.68 (42.82%)
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)2
Avg EPS beat(2)14.55%
Min EPS beat(2)2.28%
Max EPS beat(2)26.82%
EPS beat(4)3
Avg EPS beat(4)-90.06%
Min EPS beat(4)-452.02%
Max EPS beat(4)62.68%
EPS beat(8)6
Avg EPS beat(8)16.71%
EPS beat(12)8
Avg EPS beat(12)30%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.67%
Min Revenue beat(2)-0.66%
Max Revenue beat(2)2%
Revenue beat(4)2
Avg Revenue beat(4)1.26%
Min Revenue beat(4)-7.25%
Max Revenue beat(4)10.96%
Revenue beat(8)5
Avg Revenue beat(8)4.14%
Revenue beat(12)6
Avg Revenue beat(12)-1.93%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.97%
PT rev (3m)-14.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28.4%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.22 | ||
| Fwd PE | 3.58 | ||
| P/S | 0.56 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 14.07 | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.08 |
EPS(TTM)1.54
EY8.91%
EPS(NY)4.83
Fwd EY27.96%
FCF(TTM)-3.62
FCFYN/A
OCF(TTM)-7.18
OCFYN/A
SpS30.83
BVpS1.23
TBVpS-0.49
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.58% | ||
| ROE | 111.32% | ||
| ROCE | 87.62% | ||
| ROIC | 67.47% | ||
| ROICexc | 90.08% | ||
| ROICexgc | 108.35% | ||
| OM | 38.63% | ||
| PM (TTM) | 4.44% | ||
| GM | 65.83% | ||
| FCFM | N/A |
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)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)30.81%
ROCE(5y)22.49%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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-Score4
Asset Turnover1.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.04 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | -83.59% | ||
| Cap/Sales | 11.54% | ||
| Interest Coverage | -28.18 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 4.59 |
F-Score4
WACC8.45%
ROIC/WACC7.98
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)-91.05%
EPS 3Y-60.68%
EPS 5YN/A
EPS Q2Q%30.51%
EPS Next Y567.28%
EPS Next 2Y119.59%
EPS Next 3Y76%
EPS Next 5Y47.41%
Revenue 1Y (TTM)-65.29%
Revenue growth 3Y-34.51%
Revenue growth 5Y-18.4%
Sales Q2Q%-15.19%
Revenue Next Year-18.56%
Revenue Next 2Y-17.9%
Revenue Next 3Y-10.18%
Revenue Next 5Y-13.09%
EBIT growth 1Y-70.56%
EBIT growth 3Y-39.07%
EBIT growth 5Y-14.19%
EBIT Next Year22.21%
EBIT Next 3Y-3.24%
EBIT Next 5Y-6.45%
FCF growth 1Y-118.7%
FCF growth 3Y-63.89%
FCF growth 5Y-48.18%
OCF growth 1Y-120.78%
OCF growth 3Y-45.31%
OCF growth 5Y-27.9%