North Energy ASA

LSE:0MD9 Stock Report

Market Cap: NOK 269.7m

North Energy Valuation

Is 0MD9 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 0MD9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0MD9 (NOK2.1) is trading below our estimate of fair value (NOK2.36)

Significantly Below Fair Value: 0MD9 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0MD9?

Key metric: As 0MD9 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0MD9. This is calculated by dividing 0MD9's market cap by their current earnings.
What is 0MD9's PE Ratio?
PE Ratio11x
EarningsNOK 24.62m
Market CapNOK 269.68m

Price to Earnings Ratio vs Peers

How does 0MD9's PE Ratio compare to its peers?

The above table shows the PE ratio for 0MD9 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.7x
PNIX Phoenix Digital Assets
1.2xn/aUK£27.8m
EJFI EJF Investments
8.7xn/aUK£68.5m
HGEN HydrogenOne Capital Growth
8.2xn/aUK£30.7m
LIV Livermore Investments Group
4.8xn/aUK£74.4m
0MD9 North Energy
11xn/aNOK 269.7m

Price-To-Earnings vs Peers: 0MD9 is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (22x).

Price to Earnings Ratio vs Industry

How does 0MD9's PE Ratio compare vs other companies in the GB Capital Markets Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNIX Phoenix Digital Assets
1.2xn/aUS$34.88m
IX. i(x) Net Zero
0.1xn/aUS$8.94m
APQ APQ Global
0.4xn/aUS$5.78m
MAFL Mineral & Financial Investments
2xn/aUS$5.00m
No more companies available in this PE range
0MD9 11.0xIndustry Avg. 12.3xNo. of Companies19PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0MD9 is good value based on its Price-To-Earnings Ratio (11x) compared to the UK Capital Markets industry average (15x).

Price to Earnings Ratio vs Fair Ratio

What is 0MD9'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.

0MD9 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0MD9's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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