Cloudberry Clean Energy (DB:52K) - Stock Price, News & Analysis

52K Stock Overview

Cloudberry Clean Energy ASA operates as a renewable energy company.

52K fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 69.5% below our estimate of its fair value

Revenue is forecast to grow 11.72% per year

Earnings grew by 130.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 110.4% per year for the next 3 years

Large one-off items impacting financial results

Cloudberry Clean Energy ASA Competitors

clearvise

XTRA:ABO

€154.5m

7C Solarparken

XTRA:HRPK

€262.6m

Encavis

XTRA:ECV

€2.7b

ABO Wind

XTRA:AB9

€520.1m

Price History & Performance

Summary of all time highs, changes and price drops for Cloudberry Clean Energy
Historical stock prices
Current Share Price	kr0.75
52 Week High	kr1.19
52 Week Low	kr0.74
Beta	1.05
1 Month Change	-10.19%
3 Month Change	-13.11%
1 Year Change	-14.60%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-46.35%

Recent updates

Shareholder Returns

	52K	DE Renewable Energy	DE Market
7D	0.7%	1.0%	2.0%
1Y	-14.6%	-26.7%	2.0%

Return vs Industry: 52K exceeded the German Renewable Energy industry which returned -27.4% over the past year.

Return vs Market: 52K underperformed the German Market which returned 1.3% over the past year.

Price Volatility

Is 52K's price volatile compared to industry and market?
52K volatility
52K Average Weekly Movement	4.2%
Renewable Energy Industry Average Movement	6.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.2%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: 52K has not had significant price volatility in the past 3 months.

Volatility Over Time: 52K's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2017	67	Anders Lenborg	www.cloudberry.no

Cloudberry Clean Energy ASA operates as a renewable energy company. The company operates through four segments: Production, Development, Operations and Corporate. It engages in the ownership, development, and operation of hydropower plants and wind farms in Norway, Sweden, and Denmark.

Cloudberry Clean Energy ASA Fundamentals Summary

How do Cloudberry Clean Energy's earnings and revenue compare to its market cap?
52K fundamental statistics
Market cap	€218.01m
Earnings (TTM)	€23.06m
Revenue (TTM)	€28.24m

9.5x

P/E Ratio

7.7x

P/S Ratio

Is 52K overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
52K income statement (TTM)
Revenue	kr333.00m
Cost of Revenue	kr26.00m
Gross Profit	kr307.00m
Other Expenses	kr35.00m
Earnings	kr272.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)	0.94
Gross Margin	92.19%
Net Profit Margin	81.68%
Debt/Equity Ratio	34.3%

How did 52K perform over the long term?

See historical performance and comparison

52K Stock Overview

Rewards

Risk Analysis

Cloudberry Clean Energy ASA Competitors

XTRA:ABO

€154.5m

XTRA:HRPK

€262.6m

XTRA:ECV

€2.7b

XTRA:AB9

€520.1m

Price History & Performance

Recent News & Updates

Cloudberry Clean Energy ASA Announces Board Changes

Full year 2023 earnings released: EPS: kr0.93 (vs kr0.47 in FY 2022)

Full year 2023 earnings released: EPS: kr0.94 (vs kr0.47 in FY 2022)

Cloudberry Clean Energy ASA Announces Chief Financial Officer Changes, Effective July 1, 2024

Cloudberry Clean Energy ASA Announces Chief Financial Officer Changes, Effective July 1, 2024

Cloudberry Clean Energy ASA (OB:CLOUD) acquired remaining 40% stake in Captiva AS from Captiva Capital Partner AS for NOK 23 million.

Recent updates

Cloudberry Clean Energy ASA Announces Board Changes

Full year 2023 earnings released: EPS: kr0.93 (vs kr0.47 in FY 2022)

Full year 2023 earnings released: EPS: kr0.94 (vs kr0.47 in FY 2022)

Cloudberry Clean Energy ASA Announces Chief Financial Officer Changes, Effective July 1, 2024

Cloudberry Clean Energy ASA Announces Chief Financial Officer Changes, Effective July 1, 2024

Cloudberry Clean Energy ASA (OB:CLOUD) acquired remaining 40% stake in Captiva AS from Captiva Capital Partner AS for NOK 23 million.

Cloudberry Clean Energy ASA, Annual General Meeting, Apr 04, 2024

Cloudberry Clean Energy ASA (OB:CLOUD) commences an Equity Buyback Plan for 7,000,000 shares, representing 2.4% of its issued share capital, under the authorization approved on September 28, 2023.

Cloudberry Clean Energy ASA (OB:CLOUD) commences an Equity Buyback Plan for 7,000,000 shares, representing 2.4% of its issued share capital, under the authorization approved on September 28, 2023.

Third quarter 2023 earnings released: kr0.12 loss per share (vs kr0.23 profit in 3Q 2022)

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: kr1.12 (vs kr0.097 in 2Q 2022)

Norsk Vannkraft As acquired 4.5-MW Hydro Plant in Norway, Selselva Kraft AS and Nessakraft AS from Cloudberry Clean Energy ASA (OB:CLOUD) for NOK 703 million.

Norsk Vannkraft As entered into a share sale and purchase agreement to acquire 4.5-MW Hydro Plant in Norway, Selselva Kraft AS and Nessakraft AS from Cloudberry Clean Energy ASA (OB:CLOUD) for NOK 703 million.

Cloudberry Clean Energy ASA (OB:CLOUD) completed the acquisition of 80% stake in Odin Energy P/S from Skovgaard Energy A/S for DKK 1 265 million.

Chief Technology Officer recently bought €826k worth of stock

First quarter 2023 earnings released: EPS: kr0.39 (vs kr0.02 loss in 1Q 2022)

High number of new directors

Full year 2022 earnings released: EPS: kr0.47 (vs kr0.40 loss in FY 2021)

Full year 2022 earnings released: EPS: kr0.48 (vs kr0.40 loss in FY 2021)

Cloudberry Clean Energy ASA (OB:CLOUD) signed a sale and purchase agreement to acquire 80% stake in Odin Energy P/S from Skovgaard Energy A/S.

Investor sentiment improves as stock rises 15%

Cloudberry Clean Energy ASA to Report First Half, 2023 Results on Aug 15, 2023

No independent directors

Third quarter 2022 earnings released: EPS: kr0.23 (vs kr0.06 loss in 3Q 2021)

Second quarter 2022 earnings released: EPS: kr0.11 (vs kr0.15 loss in 2Q 2021)

No independent directors

Forecast to breakeven in 2022

Forecast to breakeven in 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Cloudberry Clean Energy ASA (OB:CLOUD) completed the acquisition of a 60% stake in Captiva As from Captiva Capital Partner AS.

Cloudberry Clean Energy ASA announced that it has received NOK 600 million in funding from Ferd AS and other investors

Third quarter 2021 earnings released: kr0.06 loss per share (vs kr0.21 loss in 3Q 2020)

Forecast to breakeven in 2021

First half 2021 earnings released: kr0.31 loss per share (vs kr0.34 loss in 1H 2020)

Cloudberry Clean Energy ASA (OB:CLOUD) signed a share purchase agreement to acquire Usma Kraft AS from TrønderEnergi and others.

Cloudberry Clean Energy ASA (OB:CLOUD) completed the acquisition of a 33.4% stake in Odal Vindkraftverk AS.

Cloudberry Clean Energy AS has completed a Follow-on Equity Offering in the amount of NOK 1.075 billion.

Shareholder Returns

Price Volatility

About the Company

Cloudberry Clean Energy ASA Fundamentals Summary

9.5x

7.7x

Earnings & Revenue