Cortus Energy AB (publ) supplies renewable energy gas generated from the gasification of biomass in Sweden.
+ 2 more risks
Weak fundamentals or lack of information.
Share Price & News
How has Cortus Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OCE's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: OCE underperformed the German Oil and Gas industry which returned 18.6% over the past year.
Return vs Market: OCE underperformed the German Market which returned 0.3% over the past year.
Price Volatility Vs. Market
How volatile is Cortus Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Cortus Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate OCE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate OCE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: OCE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: OCE is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OCE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OCE is overvalued based on its PB Ratio (16x) compared to the DE Oil and Gas industry average (1x).
How is Cortus Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cortus Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of OCE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Cortus Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Cortus Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OCE is currently unprofitable.
Growing Profit Margin: OCE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OCE is unprofitable, and losses have increased over the past 5 years at a rate of -35.6% per year.
Accelerating Growth: Unable to compare OCE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OCE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.1%).
Return on Equity
High ROE: OCE has a negative Return on Equity (-179.68%), as it is currently unprofitable.
How is Cortus Energy's financial position?
Financial Position Analysis
Short Term Liabilities: OCE's short term assets (SEK19.8M) do not cover its short term liabilities (SEK25.4M).
Long Term Liabilities: OCE's short term assets (SEK19.8M) do not cover its long term liabilities (SEK41.5M).
Debt to Equity History and Analysis
Debt Level: OCE's debt to equity ratio (112.4%) is considered high.
Reducing Debt: OCE's debt to equity ratio has increased from 0.01% to 112.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OCE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OCE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.7% each year
What is Cortus Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OCE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OCE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OCE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OCE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OCE's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Håkan Sigfridsson (56yo)
Håkan Sigfridsson serves as Managing Director of Cortus Energy AB (publ) since January 2019.
|CFO & Director||no data||no data||no data|
|Chief Executive Officer of Cortus Engineering Ab||no data||no data||no data|
|Deputy Member of The Board||no data||no data||no data|
|Chairman of the Board||7.33yrs||kr240.00k||6.49% SEK3.8m|
|Member of The Board of Directors||6.33yrs||kr123.00k||no data|
Experienced Board: OCE's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.3%.
Cortus Energy AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Cortus Energy AB (publ)
- Ticker: OCE
- Exchange: DB
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: kr621.955m
- Listing Market Cap: kr58.689m
- Shares outstanding: 1.25b
- Website: https://www.cortusenergy.se
- Cortus Energy AB (publ)
- Isafjordsgatan 30C
- 7th Floor
- Stockholm County
- 164 40
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CE||OM (OMX Nordic Exchange Stockholm)||Yes||Share Capital||SE||SEK||Jan 2013|
|OCE||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Jan 2013|
Cortus Energy AB (publ) supplies renewable energy gas generated from the gasification of biomass in Sweden. It offers energy gas based on its WoodRoll patented gasification technology for the process, power, industrial, and transportation applications. The company is based in Kista, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 01:10|
|End of Day Share Price||2020/05/28 00:00|
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.