Logo image of OKEA.OL

OKEA ASA (OKEA.OL) Stock Fundamental Analysis

OSL:OKEA - Euronext Oslo - NO0010816895 - Common Stock - Currency: NOK

16.86  -0.08 (-0.47%)

Fundamental Rating

5

OKEA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 59 industry peers in the Oil, Gas & Consumable Fuels industry. While OKEA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. OKEA has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

Quickly go to:

7

1. Profitability

1.1 Basic Checks

In the past year OKEA was profitable.
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.
In the past 5 years OKEA always reported a positive cash flow from operatings.
OKEA.OL Yearly Net Income VS EBIT VS OCF VS FCFOKEA.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

1.2 Ratios

The Return On Assets of OKEA (7.58%) is better than 66.10% of its industry peers.
OKEA has a Return On Equity of 111.32%. This is amongst the best in the industry. OKEA outperforms 98.31% of its industry peers.
With an excellent Return On Invested Capital value of 67.47%, OKEA belongs to the best of the industry, outperforming 98.31% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for OKEA is significantly above the industry average of 14.75%.
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 RankSector 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%
OKEA.OL Yearly ROA, ROE, ROICOKEA.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

With a Profit Margin value of 4.44%, OKEA is not doing good in the industry: 67.80% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of OKEA has declined.
The Operating Margin of OKEA (38.63%) is better than 83.05% of its industry peers.
In the last couple of years the Operating Margin of OKEA has grown nicely.
OKEA has a better Gross Margin (65.83%) than 71.19% of its industry peers.
OKEA's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
OKEA.OL Yearly Profit, Operating, Gross MarginsOKEA.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

More info and screens

4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so OKEA is creating value.
The number of shares outstanding for OKEA remains at a similar level compared to 1 year ago.
OKEA has more shares outstanding than it did 5 years ago.
OKEA has a worse debt/assets ratio than last year.
OKEA.OL Yearly Shares OutstandingOKEA.OL Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
OKEA.OL Yearly Total Debt VS Total AssetsOKEA.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

An Altman-Z score of 4.59 indicates that OKEA is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 4.59, OKEA belongs to the best of the industry, outperforming 88.14% of the companies in the same industry.
A Debt/Equity ratio of 2.04 is on the high side and indicates that OKEA has dependencies on debt financing.
The Debt to Equity ratio of OKEA (2.04) is worse than 89.83% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.04
Debt/FCF N/A
Altman-Z 4.59
ROIC/WACC8.08
WACC8.35%
OKEA.OL Yearly LT Debt VS Equity VS FCFOKEA.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

2.3 Liquidity

OKEA has a Current Ratio of 1.33. This is a normal value and indicates that OKEA is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.33, OKEA perfoms like the industry average, outperforming 40.68% of the companies in the same 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 52.54% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.33
Quick Ratio 1.2
OKEA.OL Yearly Current Assets VS Current LiabilitesOKEA.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

More info and screens

3

3. Growth

3.1 Past

The earnings per share for OKEA have decreased strongly by -91.05% in the last year.
The earnings per share for OKEA have been decreasing by -60.68% on average. This is quite bad
The Revenue for OKEA has decreased by -65.29% in the past year. This is quite bad
Measured over the past years, OKEA shows a very negative growth in Revenue. The Revenue has been decreasing by -18.40% on average per year.
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

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.
The Revenue is expected to decrease by -10.88% on average over the next years. This is quite bad
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
OKEA.OL Yearly Revenue VS EstimatesOKEA.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B 8B 10B
OKEA.OL Yearly EPS VS EstimatesOKEA.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5 10 15

More info and screens

7

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 10.95 indicates a reasonable valuation of OKEA.
OKEA's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of OKEA to the average of the S&P500 Index (26.25), we can say OKEA is valued rather cheaply.
OKEA is valuated cheaply with a Price/Forward Earnings ratio of 3.49.
Based on the Price/Forward Earnings ratio, OKEA is valued cheaper than 96.61% of the companies in the same industry.
OKEA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.15.
Industry RankSector Rank
PE 10.95
Fwd PE 3.49
OKEA.OL Price Earnings VS Forward Price EarningsOKEA.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

84.75% of the companies in the same industry are more expensive than OKEA, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.07
OKEA.OL Per share dataOKEA.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

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%

More info and screens

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 10.96%, OKEA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 60.24, OKEA pays a better dividend. On top of this OKEA pays more dividend than 84.75% of the companies listed in the same industry.
OKEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
Industry RankSector 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%
OKEA.OL Yearly Income VS Free CF VS DividendOKEA.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B 1.5B 2B

More info and screens

OKEA ASA

OSL:OKEA (5/30/2025, 7:00:00 PM)

16.86

-0.08 (-0.47%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)04-29 2025-04-29/bmo
Earnings (Next)07-16 2025-07-16
Inst Owners1.26%
Inst Owner ChangeN/A
Ins Owners3.11%
Ins Owner ChangeN/A
Market Cap1.75B
Analysts83.08
Price Target25.7 (52.43%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)-12.5%
PT rev (3m)-10.64%
EPS NQ rev (1m)-17.52%
EPS NQ rev (3m)-31.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.79%
Revenue NQ rev (1m)-9.73%
Revenue NQ rev (3m)-13.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.4%
Valuation
Industry RankSector Rank
PE 10.95
Fwd PE 3.49
P/S 0.55
P/FCF N/A
P/OCF N/A
P/B 13.72
P/tB N/A
EV/EBITDA 2.07
EPS(TTM)1.54
EY9.13%
EPS(NY)4.83
Fwd EY28.66%
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 RankSector 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 RankSector 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
WACC8.35%
ROIC/WACC8.08
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 5Y49.23%
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-10.88%
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-3.06%
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%