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ORST

ØrstedCPSE:ORSTED Stock Report

Last Price

kr.724.40

Market Cap

kr.304.4b

7D

-0.7%

1Y

-38.2%

Updated

16 Jan, 2022

Data

Company Financials +
ORSTED fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance1/6
Financial Health4/6
Dividends3/6

ORSTED Stock Overview

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants.

Ørsted Competitors

Gazprom

MISX:GAZP

₽7.9t

Equinor

OB:EQNR

kr825.3b

Enel

BIT:ENEL

€69.2b

Iberdrola

BME:IBE

€61.3b

Price History & Performance

Summary of all time highs, changes and price drops for Ørsted
Historical stock prices
Current Share Pricekr.724.40
52 Week Highkr.1,270.00
52 Week Lowkr.717.40
Beta0.45
1 Month Change-12.72%
3 Month Change-17.40%
1 Year Change-38.17%
3 Year Change62.79%
5 Year Change178.08%
Change since IPO180.78%

Recent News & Updates

Jan 16
A Look At The Intrinsic Value Of Ørsted A/S (CPH:ORSTED)

A Look At The Intrinsic Value Of Ørsted A/S (CPH:ORSTED)

How far off is Ørsted A/S ( CPH:ORSTED ) from its intrinsic value? Using the most recent financial data, we'll take a...

Jan 02
Returns On Capital Are Showing Encouraging Signs At Ørsted (CPH:ORSTED)

Returns On Capital Are Showing Encouraging Signs At Ørsted (CPH:ORSTED)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...

Dec 13
Is Ørsted (CPH:ORSTED) A Risky Investment?

Is Ørsted (CPH:ORSTED) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Oct 03
Ørsted (CPH:ORSTED) Is Reinvesting At Lower Rates Of Return

Ørsted (CPH:ORSTED) Is Reinvesting At Lower Rates Of Return

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

ORSTEDDK Electric UtilitiesDK Market
7D-0.7%-2.0%-3.3%
1Y-38.2%-9.3%10.1%

Return vs Industry: ORSTED underperformed the Danish Electric Utilities industry which returned -9.3% over the past year.

Return vs Market: ORSTED underperformed the Danish Market which returned 10.1% over the past year.

Price Volatility

Is ORSTED's price volatile compared to industry and market?
ORSTED volatility
ORSTED Average Weekly Movement4.5%
Electric Utilities Industry Average Movement4.0%
Market Average Movement5.0%
10% most volatile stocks in DK Market10.3%
10% least volatile stocks in DK Market3.1%

Stable Share Price: ORSTED is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ORSTED's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19726,672Mads Nipperhttps://www.orsted.com

Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. It operates through Offshore, Onshore, and Markets & Bioenergy segments. The Offshore segment develops, constructs, owns, and operates offshore wind farms in the United Kingdom, Germany, Denmark, the Netherlands, the United States, Taiwan, Japan, and South Korea.

Ørsted Fundamentals Summary

How do Ørsted's earnings and revenue compare to its market cap?
ORSTED fundamental statistics
Market Capkr.304.37b
Earnings (TTM)kr.7.69b
Revenue (TTM)kr.60.20b

39.6x

P/E Ratio

5.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ORSTED income statement (TTM)
Revenuekr.60.20b
Cost of Revenuekr.38.58b
Gross Profitkr.21.62b
Expenseskr.13.93b
Earningskr.7.69b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 02, 2022

Earnings per share (EPS)18.29
Gross Margin35.91%
Net Profit Margin12.77%
Debt/Equity Ratio67.6%

How did ORSTED perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

63%

Payout Ratio

Valuation

Is Ørsted undervalued compared to its fair value and its price relative to the market?

9.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ORSTED (DKK724.4) is trading below our estimate of fair value (DKK802.2)

Significantly Below Fair Value: ORSTED is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ORSTED is poor value based on its PE Ratio (39.6x) compared to the European Electric Utilities industry average (13.2x).

PE vs Market: ORSTED is poor value based on its PE Ratio (39.6x) compared to the Danish market (17x).


Price to Earnings Growth Ratio

PEG Ratio: ORSTED is poor value based on its PEG Ratio (4.2x)


Price to Book Ratio

PB vs Industry: ORSTED is overvalued based on its PB Ratio (4x) compared to the XE Electric Utilities industry average (1x).


Future Growth

How is Ørsted forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

9.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ORSTED's forecast earnings growth (9.4% per year) is above the savings rate (0.1%).

Earnings vs Market: ORSTED's earnings (9.4% per year) are forecast to grow faster than the Danish market (8.3% per year).

High Growth Earnings: ORSTED's earnings are forecast to grow, but not significantly.

Revenue vs Market: ORSTED's revenue (1.9% per year) is forecast to grow slower than the Danish market (6.7% per year).

High Growth Revenue: ORSTED's revenue (1.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ORSTED's Return on Equity is forecast to be low in 3 years time (10.2%).


Past Performance

How has Ørsted performed over the past 5 years?

7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ORSTED has a high level of non-cash earnings.

Growing Profit Margin: ORSTED's current net profit margins (12.8%) are lower than last year (27.3%).


Past Earnings Growth Analysis

Earnings Trend: ORSTED's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: ORSTED's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ORSTED had negative earnings growth (-50.4%) over the past year, making it difficult to compare to the Electric Utilities industry average (4.3%).


Return on Equity

High ROE: ORSTED's Return on Equity (10.5%) is considered low.


Financial Health

How is Ørsted's financial position?


Financial Position Analysis

Short Term Liabilities: ORSTED's short term assets (DKK90.6B) do not cover its short term liabilities (DKK96.3B).

Long Term Liabilities: ORSTED's short term assets (DKK90.6B) exceed its long term liabilities (DKK86.4B).


Debt to Equity History and Analysis

Debt Level: ORSTED's net debt to equity ratio (21.4%) is considered satisfactory.

Reducing Debt: ORSTED's debt to equity ratio has increased from 49.2% to 67.6% over the past 5 years.

Debt Coverage: ORSTED's debt is well covered by operating cash flow (32.2%).

Interest Coverage: ORSTED's interest payments on its debt are well covered by EBIT (7.4x coverage).


Balance Sheet


Dividend

What is Ørsted current dividend yield, its reliability and sustainability?

1.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ORSTED's dividend (1.59%) is higher than the bottom 25% of dividend payers in the Danish market (1.17%).

High Dividend: ORSTED's dividend (1.59%) is low compared to the top 25% of dividend payers in the Danish market (3.24%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ORSTED has been paying a dividend for less than 10 years.

Growing Dividend: ORSTED's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (62.9%), ORSTED's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ORSTED's dividends in 3 years are forecast to be covered by earnings (51.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Mads Nipper (55 yo)

1

Tenure

Mr. Mads Nipper serves as Chief Executive Officer and Group President at Ørsted A/S since January 1, 2021 and also serves as Member of its Executive Board. Mr. Nipper serves as a Member of Advisory Board a...


Leadership Team

Experienced Management: ORSTED's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: ORSTED's board of directors are considered experienced (4.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ørsted A/S's employee growth, exchange listings and data sources


Key Information

  • Name: Ørsted A/S
  • Ticker: ORSTED
  • Exchange: CPSE
  • Founded: 1972
  • Industry: Electric Utilities
  • Sector: Utilities
  • Implied Market Cap: kr.304.375b
  • Shares outstanding: 420.18m
  • Website: https://www.orsted.com

Number of Employees


Location

  • Ørsted A/S
  • Kraftvaerksvej 53
  • Skaerbaek
  • Fredericia
  • Region of Southern Denmark
  • 7000
  • Denmark

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 18:04
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.