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Desert Control DB:8KT Stock Report

Last Price

€0.43

Market Cap

€24.1m

7D

-5.0%

1Y

-40.2%

Updated

27 Dec, 2024

Data

Company Financials +

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

8KT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Desert Control AS Competitors

Price History & Performance

Summary of share price highs, lows and changes for Desert Control
Historical stock prices
Current Share PriceNOK 0.43
52 Week HighNOK 0.77
52 Week LowNOK 0.39
Beta1.21
1 Month Change0.23%
3 Month Change-27.25%
1 Year Change-40.15%
3 Year Change-87.76%
5 Year Changen/a
Change since IPO-77.84%

Recent News & Updates

Recent updates

Shareholder Returns

8KTDE ChemicalsDE Market
7D-5.0%0.4%0.5%
1Y-40.2%-8.9%7.2%

Return vs Industry: 8KT underperformed the German Chemicals industry which returned -9% over the past year.

Return vs Market: 8KT underperformed the German Market which returned 7% over the past year.

Price Volatility

Is 8KT's price volatile compared to industry and market?
8KT volatility
8KT Average Weekly Movement12.0%
Chemicals Industry Average Movement3.7%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.5%
10% least volatile stocks in DE Market2.4%

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 (12%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
201720Ole Sivertsenwww.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

How do Desert Control's earnings and revenue compare to its market cap?
8KT fundamental statistics
Market cap€24.10m
Earnings (TTM)-€5.33m
Revenue (TTM)€164.87k

146.2x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8KT income statement (TTM)
RevenueNOK 1.95m
Cost of RevenueNOK 255.00k
Gross ProfitNOK 1.70m
Other ExpensesNOK 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 Margin86.94%
Net Profit Margin-3,234.43%
Debt/Equity Ratio0%

How did 8KT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 05:41
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Desert Control AS is covered by 4 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.

AnalystInstitution
Magnus SolheimFearnley Securities
Eva ChristensenFearnley Securities
Lars ChristensenFearnley Securities