Financials Akastor ASA OTC Markets

Equities

AKRYY

US00973M1045

Oil Related Services and Equipment

Market Closed - OTC Markets 08:27:36 13/03/2024 pm IST 5-day change 1st Jan Change
6.43 USD -23.95% Intraday chart for Akastor ASA -.--% -23.95%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,700 1,923 1,450 2,508 3,172 3,976 - -
Enterprise Value (EV) 1 4,268 3,280 2,679 3,728 4,397 3,793 4,665 4,785
P/E ratio 26.9 x -3.31 x 1.58 x -9.13 x -12 x 6.99 x 26.3 x 19.6 x
Yield - - - - - - - -
Capitalization / Revenue 0.5 x 0.42 x 1.52 x 2.37 x 11.2 x 4.39 x 11.2 x 10.6 x
EV / Revenue 0.8 x 0.72 x 2.81 x 3.52 x 15.6 x 4.19 x 13.1 x 12.7 x
EV / EBITDA 8.67 x 9.91 x - -373 x -2,198 x 6.4 x 111 x 97.7 x
EV / FCF -28.6 x 18 x - 9.94 x - 4.21 x -150 x -45.1 x
FCF Yield -3.49% 5.55% - 10.1% - 23.8% -0.66% -2.22%
Price to Book 0.62 x 0.53 x 0.35 x 0.62 x 0.8 x 0.85 x 0.87 x 0.83 x
Nbr of stocks (in thousands) 2,71,610 2,71,610 2,71,610 2,72,015 2,72,015 2,73,829 - -
Reference price 2 9.940 7.080 5.340 9.220 11.66 14.52 14.52 14.52
Announcement Date 13/02/20 11/02/21 09/02/22 15/02/23 14/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,361 4,577 953 1,059 282 906 356.5 376
EBITDA 1 492 331 - -10 -2 593 42 49
EBIT 1 222 53 -82 -76 -31 566 14 21
Operating Margin 4.14% 1.16% -8.6% -7.18% -10.99% 62.47% 3.93% 5.59%
Earnings before Tax (EBT) 1 93 -383 -235 -259 -384 572.8 205.6 269.6
Net income 1 1 -588 919 -276 -264 569.1 152 202.9
Net margin 0.02% -12.85% 96.43% -26.06% -93.62% 62.81% 42.62% 53.97%
EPS 2 0.3700 -2.140 3.380 -1.010 -0.9700 2.077 0.5529 0.7407
Free Cash Flow 1 -149 182 - 375 - 902 -31 -106
FCF margin -2.78% 3.98% - 35.41% - 99.56% -8.7% -28.19%
FCF Conversion (EBITDA) - 54.98% - - - 152.11% - -
FCF Conversion (Net income) - - - - - 158.5% - -
Dividend per Share - - - - - - - -
Announcement Date 13/02/20 11/02/21 09/02/22 15/02/23 14/02/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 247 - - 251 280 68 64 62 87 642 68 98 98
EBITDA 1 -15 - - -3 3 -17 -4 -4 23 573 18 21 21
EBIT 1 -51 - - -13 -7 -24 -11 -11 15 567 11 14 14
Operating Margin -20.65% - - -5.18% -2.5% -35.29% -17.19% -17.74% 17.24% 88.32% 16.18% 14.29% 14.29%
Earnings before Tax (EBT) 1 -128 -111 68 91 -306 -32 -93 -99 -159 593 81 86 87
Net income 1 1,225 -140 69 90 -291 -28 11 -100 -150 593 -28 -6 10
Net margin 495.95% - - 35.86% -103.93% -41.18% 17.19% -161.29% -172.41% 92.37% -41.18% -6.12% 10.2%
EPS 2 - - 0.2400 0.3400 -1.070 - 0.0500 - - - 0.2200 0.2300 0.2300
Dividend per Share - - - - - - - - - - - - -
Announcement Date 09/02/22 28/04/22 13/07/22 26/10/22 15/02/23 27/04/23 13/07/23 26/10/23 14/02/24 25/04/24 - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,568 1,357 1,229 1,220 1,225 - 690 810
Net Cash position 1 - - - - - 183 - -
Leverage (Debt/EBITDA) 3.187 x 4.1 x - -122 x -612.5 x - 16.42 x 16.52 x
Free Cash Flow 1 -149 182 - 375 - 902 -31 -106
ROE (net income / shareholders' equity) 2.31% -14.7% - - -6.58% 13.1% 3.49% 4.38%
ROA (Net income/ Total Assets) 1.02% - - - -4.11% 8.82% 0.75% 2.1%
Assets 1 97.91 - - - 6,426 6,452 20,314 9,663
Book Value Per Share 2 16.00 13.50 15.10 14.90 14.50 17.10 16.70 17.40
Cash Flow per Share - - - - - - - -
Capex 1 56 29 112 - 15 60.6 - -
Capex / Sales 1.04% 0.63% 11.75% - 5.32% 6.69% - -
Announcement Date 13/02/20 11/02/21 09/02/22 15/02/23 14/02/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
14.52 NOK
Average target price
18 NOK
Spread / Average Target
+23.97%
Consensus