Scatec Valuation

Is 66T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 66T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 66T's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 66T's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 66T?

Key metric: As 66T is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 66T. This is calculated by dividing 66T's market cap by their current earnings.
What is 66T's PE Ratio?
PE Ratio6.7x
EarningsNOK 1.90b
Market CapNOK 12.67b

Price to Earnings Ratio vs Peers

How does 66T's PE Ratio compare to its peers?

The above table shows the PE ratio for 66T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.8x
HRPK 7C Solarparken
61.6x54.5%€154.1m
ABO clearvise
19.5x-47.3%€132.2m
MNV6 Mainova
33.7xn/a€1.9b
MVV1 MVV Energie
12.3xn/a€2.0b
66T Scatec
6.7x-39.4%€12.7b

Price-To-Earnings vs Peers: 66T is good value based on its Price-To-Earnings Ratio (6.7x) compared to the peer average (31.8x).


Price to Earnings Ratio vs Industry

How does 66T's PE Ratio compare vs other companies in the European Renewable Energy Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
66T 6.7xIndustry Avg. 16.3xNo. of Companies8PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 66T is good value based on its Price-To-Earnings Ratio (6.7x) compared to the European Renewable Energy industry average (16x).


Price to Earnings Ratio vs Fair Ratio

What is 66T's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

66T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.7x
Fair PE Ratio12.9x

Price-To-Earnings vs Fair Ratio: 66T is good value based on its Price-To-Earnings Ratio (6.7x) compared to the estimated Fair Price-To-Earnings Ratio (12.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 66T forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€6.79
€8.57
+26.2%
6.7%€9.19€7.46n/a7
Nov ’25€6.87
€8.14
+18.4%
9.1%€9.28€6.75n/a7
Oct ’25€6.94
€8.00
+15.3%
7.5%€8.72€6.77n/a7
Sep ’25€6.70
€8.16
+21.9%
7.7%€8.81€6.84n/a7
Aug ’25€7.58
€7.90
+4.3%
10.7%€8.77€6.01n/a7
Jul ’25€7.60
€8.20
+7.9%
10.5%€9.18€6.30n/a7
Jun ’25€7.55
€7.83
+3.7%
9.5%€8.53€6.14n/a7
May ’25€6.23
€7.73
+24.1%
9.8%€8.48€6.11n/a7
Apr ’25€6.09
€7.94
+30.4%
12.6%€9.42€6.17n/a7
Mar ’25€5.82
€8.18
+40.6%
12.6%€9.65€6.32n/a7
Feb ’25€6.75
€8.34
+23.6%
11.6%€9.72€6.36n/a7
Jan ’25€7.14
€8.11
+13.6%
13.3%€9.33€5.94n/a7
Dec ’24€6.11
€7.98
+30.6%
16.0%€9.30€5.24n/a7
Nov ’24€4.70
€8.24
+75.4%
19.5%€9.73€4.65€6.877
Oct ’24€5.60
€8.64
+54.5%
14.6%€9.98€5.64€6.948
Sep ’24€6.13
€8.64
+41.0%
14.6%€9.98€5.64€6.708
Aug ’24€7.56
€8.48
+12.2%
17.7%€9.87€4.81€7.588
Jul ’24€5.79
€8.43
+45.7%
17.7%€9.82€4.78€7.608
Jun ’24€6.28
€8.49
+35.2%
17.6%€9.92€4.83€7.558
May ’24€5.89
€9.13
+55.1%
17.0%€10.56€5.14€6.239
Apr ’24€6.28
€9.13
+45.3%
17.0%€10.56€5.14€6.099
Mar ’24€6.38
€9.13
+43.1%
17.0%€10.56€5.14€5.829
Feb ’24€7.48
€9.33
+24.7%
19.8%€11.09€4.71€6.759
Jan ’24€7.46
€9.65
+29.3%
21.6%€11.54€4.33€7.149
Dec ’23€8.70
€9.65
+10.8%
21.6%€11.54€4.33€6.119
Nov ’23€7.21
€10.09
+39.9%
22.6%€12.04€4.33€4.709

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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