8W20 Stock Overview

Provides technical solutions and services to the surveying and inspection industry in Norway and Europe. More details

8W20 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Rewards

Earnings are forecast to grow 70.84% per year

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap (€450M)

Shareholders have been diluted in the past year

Volatile share price over the past 3 months compared to the German market

My Notes

Capture your thoughts, links and company narrative

Argeo ASA Competitors

AHT Syngas Technology

DB:3SQ1

€28.1m

BAUER

HMSE:B5A0

€174.3m

thyssenkrupp nucera KGaA

XTRA:NCH2

€1.3b

SAB Industries

BSE:539112

₹3.2b

Price History & Performance

Summary of share price highs, lows and changes for Argeo
Historical stock prices
Current Share Price	NOK 0.80
52 Week High	NOK 1.63
52 Week Low	NOK 0.25
Beta	1.15
1 Month Change	-23.28%
3 Month Change	-0.99%
1 Year Change	-43.79%
3 Year Change	-78.98%
5 Year Change	n/a
Change since IPO	-81.73%

Recent updates

Shareholder Returns

	8W20	DE Construction	DE Market
7D	-10.0%	2.3%	-2.0%
1Y	-43.8%	9.6%	6.9%

Return vs Industry: 8W20 underperformed the German Construction industry which returned 9.6% over the past year.

Return vs Market: 8W20 underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is 8W20's price volatile compared to industry and market?
8W20 volatility
8W20 Average Weekly Movement	9.9%
Construction Industry Average Movement	7.4%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 8W20's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 8W20's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2014	70	Trond Crantz	argeo.no

Argeo ASA provides technical solutions and services to the surveying and inspection industry in Norway and Europe. It offers geophysical, hydrographical, route, environmental, ultra-high-resolution photo, and shallow-water USV survey services; inspection services, such as pipeline inspection, cathodic protection, electric cable inspection, depth-of-burial, installation/IMR support, and as-laid survey; and maintenance and repair services, including subsea IMR, CP/integrity inspection, module replacement, light intervention, construction and installation, and commissioning and handover. The company also provides offshore wind concession, marine mineral exploration, greenfield survey, environmental survey, and decommissioning services.

Argeo ASA Fundamentals Summary

How do Argeo's earnings and revenue compare to its market cap?
8W20 fundamental statistics
Market cap	€38.10m
Earnings (TTM)	-€7.50m
Revenue (TTM)	€47.12m

0.8x

P/S Ratio

-5.1x

P/E Ratio

Is 8W20 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8W20 income statement (TTM)
Revenue	US$49.17m
Cost of Revenue	US$34.81m
Gross Profit	US$14.36m
Other Expenses	US$22.18m
Earnings	-US$7.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 20, 2025

Earnings per share (EPS)	-0.18
Gross Margin	29.20%
Net Profit Margin	-15.91%
Debt/Equity Ratio	36.0%

How did 8W20 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 07:55
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Argeo ASA is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jorgen Opheim	Pareto Securities