8KT Stock Overview
Provides climate-smart agri-tech solutions to combat desertification, soil degradation, and water scarcity in sandy soil regions in the United Arab Emirates and the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
Desert Control AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 0.49 |
| 52 Week High | NOK 0.77 |
| 52 Week Low | NOK 0.43 |
| Beta | 1.19 |
| 11 Month Change | -9.37% |
| 3 Month Change | -3.65% |
| 1 Year Change | -9.87% |
| 33 Year Change | -84.54% |
| 5 Year Change | n/a |
| Change since IPO | -74.74% |
Recent News & Updates
Recent updates
Shareholder Returns
| 8KT | DE Chemicals | DE Market | |
|---|---|---|---|
| 7D | -2.0% | -0.6% | 0.2% |
| 1Y | -9.9% | -0.3% | 8.5% |
Return vs Industry: 8KT underperformed the German Chemicals industry which returned -0.3% over the past year.
Return vs Market: 8KT underperformed the German Market which returned 8.5% over the past year.
Price Volatility
| 8KT volatility | |
|---|---|
| 8KT Average Weekly Movement | 9.7% |
| Chemicals Industry Average Movement | 4.2% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.9% |
| 10% least volatile stocks in DE Market | 2.3% |
Stable Share Price: 8KT's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 8KT'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 |
|---|---|---|---|
| 2017 | 20 | Ole Sivertsen | www.desertcontrol.com |
Desert Control AS provides climate-smart agri-tech solutions to combat desertification, soil degradation, and water scarcity in sandy soil regions in the United Arab Emirates and the United States. The company offers liquid natural clay (LNC) technology that enables sustainable ecosystem management by restoring and protecting soil’s ability to preserve water and enhance yields for agriculture, forests, and green landscapes. Desert Control AS was incorporated in 2017 and is headquartered in Sandnes, Norway.
Desert Control AS Fundamentals Summary
| 8KT fundamental statistics | |
|---|---|
| Market cap | €26.97m |
| Earnings (TTM) | -€5.47m |
| Revenue (TTM) | €169.23k |
159.3x
P/S Ratio-4.9x
P/E RatioIs 8KT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 8KT income statement (TTM) | |
|---|---|
| Revenue | NOK 1.95m |
| Cost of Revenue | NOK 255.00k |
| Gross Profit | NOK 1.70m |
| Other Expenses | NOK 64.83m |
| Earnings | -NOK 63.14m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 12, 2025
| Earnings per share (EPS) | -1.18 |
| Gross Margin | 86.94% |
| Net Profit Margin | -3,234.43% |
| Debt/Equity Ratio | 0% |
How did 8KT perform over the long term?
See historical performance and comparison