Financials Aker Solutions ASA

Equities

AKSO

NO0010716582

Oil Related Services and Equipment

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
42.6 NOK +8.51% Intraday chart for Aker Solutions ASA +11.46% +1.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,722 8,094 11,354 18,264 20,577 20,617 - -
Enterprise Value (EV) 1 8,321 7,638 13,901 17,529 18,114 16,489 15,417 14,317
P/E ratio 165 x -5.26 x 45 x 15.5 x 1.76 x 8.52 x 9.07 x 9.73 x
Yield - - 0.86% 2.67% 4.76% 5.31% 5.76% 5.39%
Capitalization / Revenue 0.23 x 0.28 x 0.39 x 0.44 x 0.57 x 0.44 x 0.48 x 0.51 x
EV / Revenue 0.28 x 0.26 x 0.47 x 0.42 x 0.5 x 0.35 x 0.36 x 0.36 x
EV / EBITDA 3.59 x 6.18 x 7.43 x 5.8 x 14 x 4.29 x 4.32 x 4.28 x
EV / FCF -29.7 x 109 x 5.7 x 4.34 x 8.76 x -7.07 x 7.2 x 7.45 x
FCF Yield -3.36% 0.92% 17.5% 23.1% 11.4% -14.1% 13.9% 13.4%
Price to Book 0.94 x 1.03 x 1.46 x 1.97 x 1.07 x 1.01 x 0.95 x 0.93 x
Nbr of stocks (in thousands) 271,943 492,065 485,631 488,338 489,698 483,976 - -
Reference price 2 24.72 16.45 23.38 37.40 42.02 42.60 42.60 42.60
Announcement Date 2/7/20 2/15/21 2/8/22 2/8/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 29,263 29,396 29,473 41,417 36,262 47,114 43,355 40,130
EBITDA 1 2,316 1,236 1,871 3,022 1,295 3,841 3,568 3,348
EBIT 1 1,081 -51 775 1,923 611 2,835 2,715 2,483
Operating Margin 3.69% -0.17% 2.63% 4.64% 1.68% 6.02% 6.26% 6.19%
Earnings before Tax (EBT) 1 170 -1,314 520 1,715 95 2,981 2,947 2,671
Net income 1 41 -1,520 254 1,170 11,704 2,446 2,286 2,099
Net margin 0.14% -5.17% 0.86% 2.82% 32.28% 5.19% 5.27% 5.23%
EPS 2 0.1500 -3.130 0.5200 2.420 23.94 5.000 4.698 4.380
Free Cash Flow 1 -280 70 2,437 4,042 2,069 -2,332 2,143 1,921
FCF margin -0.96% 0.24% 8.27% 9.76% 5.71% -4.95% 4.94% 4.79%
FCF Conversion (EBITDA) - 5.66% 130.25% 133.75% 159.77% - 60.05% 57.36%
FCF Conversion (Net income) - - 959.45% 345.47% 17.68% - 93.71% 91.49%
Dividend per Share 2 - - 0.2000 1.000 2.000 2.264 2.453 2.297
Announcement Date 2/7/20 2/15/21 2/8/22 2/8/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 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 2025 Q1
Net sales 1 7,314 8,668 8,291 10,635 10,000 12,456 11,495 14,246 14,262 11,066 11,481 11,592 11,676 12,491 10,330
EBITDA 1 459 593 583 691 749 999 906 1,167 1,511 615 987 970.3 996.1 1,075 869.5
EBIT 1 178 303 316 418 476 712 622 867 1,221 393 723 636.5 695.5 805.6 566.9
Operating Margin 2.43% 3.5% 3.81% 3.93% 4.76% 5.72% 5.41% 6.09% 8.56% 3.55% 6.3% 5.49% 5.96% 6.45% 5.49%
Earnings before Tax (EBT) 1 111 166 281 420 450 564 558 732 1,100 -14 1,123 790.5 792 815.3 647
Net income 1 104 62 164 276 285 435 390 528 810 9,869 890 425.4 629 618.3 443.5
Net margin 1.42% 0.72% 1.98% 2.6% 2.85% 3.49% 3.39% 3.71% 5.68% 89.18% 7.75% 3.67% 5.39% 4.95% 4.29%
EPS 2 0.2100 0.1300 0.3400 0.5500 0.6200 0.9100 0.7900 1.080 1.750 20.19 1.820 1.231 0.9765 1.296 0.7064
Dividend per Share 2 - 0.2000 - - - 1.000 - - - - - 2.000 - - -
Announcement Date 10/26/21 2/8/22 5/3/22 7/14/22 10/25/22 2/8/23 5/4/23 7/13/23 10/30/23 2/8/24 4/25/24 - - - -
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,599 - 2,547 - - - - -
Net Cash position 1 - 456 - 735 2,463 4,129 5,201 6,301
Leverage (Debt/EBITDA) 0.6904 x - 1.361 x - - - - -
Free Cash Flow 1 -280 70 2,437 4,042 2,069 -2,332 2,143 1,921
ROE (net income / shareholders' equity) 5.71% -8.64% 3.99% 13.7% 17.1% 12.7% 10.8% 9.88%
ROA (Net income/ Total Assets) 1.76% -2.41% 0.73% 3.78% 6.51% 6.87% 5.84% 5.63%
Assets 1 2,331 63,173 34,771 30,978 179,735 35,610 39,120 37,306
Book Value Per Share 2 26.20 16.00 16.00 19.00 39.20 42.10 44.60 45.60
Cash Flow per Share 2 1.170 1.020 5.730 9.280 12.70 -1.800 5.220 4.440
Capex 1 599 431 362 620 2,221 1,162 719 666
Capex / Sales 2.05% 1.47% 1.23% 1.5% 6.12% 2.47% 1.66% 1.66%
Announcement Date 2/7/20 2/15/21 2/8/22 2/8/23 2/8/24 - - -
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
42.6 NOK
Average target price
50.17 NOK
Spread / Average Target
+17.76%
Consensus
  1. Stock Market
  2. Equities
  3. AKSO Stock
  4. Financials Aker Solutions ASA