Aker BP Valuation

Is AKRBPO 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 AKRBPO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
NOK 568.08
Fair Value
57.9% undervalued intrinsic discount
17
Number of Analysts

Below Fair Value: AKRBPO (NOK238.9) is trading below our estimate of fair value (NOK568.08)

Significantly Below Fair Value: AKRBPO is trading below fair value by more than 20%.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AKRBPO. This is calculated by dividing AKRBPO's market cap by their current earnings.
What is AKRBPO's PE Ratio?
PE Ratio9x
EarningsUS$1.61b
Market CapUS$14.52b

Price to Earnings Ratio vs Peers

How does AKRBPO's PE Ratio compare to its peers?

The above table shows the PE ratio for AKRBPO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.2x
ITH Ithaca Energy
19.9x3.28%UK£2.3b
SEPL Seplat Energy
9x-24.26%UK£1.2b
ENOG Energean
19.9x15.24%UK£1.7b
SQZ Serica Energy
8.1xn/aUK£566.0m
AKRBPO Aker BP
9x1.48%NOK 151.2b

Price-To-Earnings vs Peers: AKRBPO is good value based on its Price-To-Earnings Ratio (9x) compared to the peer average (14.2x).


Price to Earnings Ratio vs Industry

How does AKRBPO's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
SYN Synergia Energy
0.6xn/aUS$3.83m
No more companies available in this PE range
No. of Companies4PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AKRBPO is good value based on its Price-To-Earnings Ratio (9x) compared to the UK Oil and Gas industry average (9.1x).


Price to Earnings Ratio vs Fair Ratio

What is AKRBPO'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.

AKRBPO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AKRBPO'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?

The above table shows the analyst AKRBPO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 238.90
NOK 260.35
+8.98%
15.33%NOK 325.00NOK 190.00n/a17
May ’26NOK 223.20
NOK 268.33
+20.22%
14.22%NOK 325.00NOK 205.00n/a18
Apr ’26NOK 244.00
NOK 270.26
+10.76%
13.48%NOK 325.00NOK 220.00n/a19
Mar ’26NOK 236.80
NOK 274.74
+16.02%
13.90%NOK 350.00NOK 220.00n/a19
Feb ’26NOK 238.75
NOK 279.21
+16.95%
13.40%NOK 360.00NOK 210.00n/a19
Jan ’26NOK 221.75
NOK 280.11
+26.32%
13.98%NOK 370.00NOK 220.00n/a19
Dec ’25NOK 226.75
NOK 281.16
+23.99%
13.82%NOK 370.00NOK 220.00n/a19
Nov ’25n/a
NOK 286.47
0%
15.46%NOK 370.00NOK 220.00n/a19
Oct ’25NOK 225.45
NOK 302.05
+33.98%
17.28%NOK 415.00NOK 220.00n/a19
Sep ’25NOK 261.45
NOK 316.11
+20.90%
14.28%NOK 415.00NOK 230.00n/a19
Aug ’25NOK 260.45
NOK 317.16
+21.77%
14.19%NOK 415.00NOK 230.00n/a19
Jul ’25n/a
NOK 319.26
0%
13.55%NOK 415.00NOK 230.00n/a19
Jun ’25NOK 264.35
NOK 318.53
+20.49%
13.45%NOK 415.00NOK 230.00n/a19
May ’25NOK 276.60
NOK 321.68
+16.30%
13.18%NOK 415.00NOK 230.00NOK 223.2019
Apr ’25n/a
NOK 321.06
0%
12.90%NOK 415.00NOK 230.00NOK 244.0018
Mar ’25n/a
NOK 320.74
0%
14.05%NOK 415.00NOK 230.00NOK 236.8019
Feb ’25NOK 282.20
NOK 340.63
+20.71%
11.45%NOK 415.00NOK 275.00NOK 238.7519
Jan ’25n/a
NOK 352.50
0%
10.98%NOK 420.00NOK 275.00NOK 221.7518
Dec ’24NOK 306.85
NOK 352.50
+14.88%
10.98%NOK 420.00NOK 275.00NOK 226.7518
Nov ’24n/a
NOK 351.17
0%
11.38%NOK 420.00NOK 275.00n/a18
Oct ’24n/a
NOK 330.65
0%
13.05%NOK 425.00NOK 240.00NOK 225.4517
Sep ’24n/a
NOK 327.83
0%
13.68%NOK 425.00NOK 240.00NOK 261.4518
Aug ’24n/a
NOK 327.28
0%
13.65%NOK 425.00NOK 240.00NOK 260.4518
Jul ’24NOK 252.20
NOK 333.76
+32.34%
12.37%NOK 420.00NOK 240.00n/a17
Jun ’24NOK 243.00
NOK 337.44
+38.86%
12.73%NOK 420.00NOK 240.00NOK 264.3516
May ’24NOK 252.70
NOK 340.94
+34.92%
13.82%NOK 420.00NOK 240.00NOK 276.6016
AnalystConsensusTarget
Consensus Narrative from 17 Analysts
NOK 259.81
Fair Value
8.0% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/16 04:30
End of Day Share Price 2025/05/13 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Aker BP ASA is covered by 42 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Robert Jan VosABN AMRO Bank N.V.
Christian YggesethArctic Securities ASA