Aker Solutions Valuation

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

AKSOo (NOK39.12) is trading above our estimate of [[fair value]] (NOK27.59)

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: AKSOo (NOK39.12) is trading above our estimate of fair value (NOK27.59)

Significantly Below Fair Value: AKSOo is trading above our estimate of fair value.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for AKSOo. This is calculated by dividing AKSOo's market cap by their current preferred multiple.
What is AKSOo's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	NOK 18.77b

AKSOo key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.2x
Enterprise Value/EBITDA	4.8x
PEG Ratio	1.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AKSOo vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	9.7x
HTG Hunting	5.9x	-5.3%	UK£582.2m
GMS Gulf Marine Services	5.8x	n/a	UK£174.4m
SEPL Seplat Energy	18.3x	13.6%	UK£1.1b
ITH Ithaca Energy	8.7x	-4.4%	UK£1.1b
AKSOo Aker Solutions	12.6x	7.5%	NOK 18.8b

Price-To-Earnings vs Peers: AKSOo is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (9.7x).

Price to Earnings Ratio vs Industry

How does AKSOo's PE Ratio compare vs other companies in the European Energy Services Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	13.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	13.5%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: AKSOo is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the European Energy Services industry average (9.1x).

Price to Earnings Ratio vs Fair Ratio

What is AKSOo'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.

AKSOo PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AKSOo'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 AKSOo forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	NOK 39.12	NOK 55.73 +42.5%	11.1%	NOK 68.00	NOK 46.00	n/a	11
Sep ’25	n/a	NOK 56.33 0%	10.3%	NOK 68.00	NOK 46.00	n/a	12
Aug ’25	NOK 52.60	NOK 56.25 +6.9%	10.5%	NOK 68.00	NOK 46.00	n/a	12
Jul ’25	n/a	NOK 50.92 0%	14.5%	NOK 64.00	NOK 40.00	n/a	12
Jun ’25	n/a	NOK 50.17 0%	14.6%	NOK 63.00	NOK 40.00	n/a	12
May ’25	n/a	NOK 50.17 0%	14.6%	NOK 63.00	NOK 40.00	n/a	12
Apr ’25	n/a	NOK 49.18 0%	14.7%	NOK 63.00	NOK 40.00	n/a	11
Mar ’25	n/a	NOK 50.27 0%	13.1%	NOK 63.00	NOK 40.00	n/a	11
Feb ’25	NOK 40.24	NOK 53.25 +32.3%	9.2%	NOK 63.00	NOK 46.00	n/a	12
Jan ’25	n/a	NOK 53.00 0%	11.2%	NOK 64.00	NOK 41.00	n/a	12
Dec ’24	NOK 41.78	NOK 53.00 +26.9%	11.2%	NOK 64.00	NOK 41.00	n/a	12
Nov ’24	NOK 43.39	NOK 52.25 +20.4%	9.2%	NOK 61.00	NOK 41.00	n/a	12
Oct ’24	n/a	NOK 52.70 0%	9.7%	NOK 61.00	NOK 45.00	n/a	10
Sep ’24	n/a	NOK 52.73 0%	9.2%	NOK 61.00	NOK 45.00	n/a	11
Aug ’24	n/a	NOK 52.55 0%	9.7%	NOK 61.00	NOK 45.00	NOK 52.60	11
Jul ’24	n/a	NOK 49.32 0%	7.8%	NOK 55.00	NOK 44.00	n/a	11
Jun ’24	NOK 36.99	NOK 49.32 +33.3%	7.8%	NOK 55.00	NOK 44.00	n/a	11
May ’24	NOK 36.98	NOK 48.54 +31.3%	9.3%	NOK 55.00	NOK 40.00	n/a	12
Apr ’24	n/a	NOK 48.59 0%	9.7%	NOK 55.00	NOK 40.00	n/a	11
Mar ’24	n/a	NOK 48.14 0%	11.0%	NOK 55.00	NOK 38.00	n/a	11
Feb ’24	NOK 39.04	NOK 43.20 +10.7%	11.2%	NOK 51.00	NOK 36.00	NOK 40.24	10
Jan ’24	n/a	NOK 43.15 0%	10.0%	NOK 50.00	NOK 35.00	n/a	10
Dec ’23	NOK 35.34	NOK 43.15 +22.1%	10.0%	NOK 50.00	NOK 35.00	NOK 41.78	10
Nov ’23	NOK 43.16	NOK 43.15 -0.02%	10.0%	NOK 50.00	NOK 35.00	NOK 43.39	10
Oct ’23	n/a	NOK 39.40 0%	12.0%	NOK 45.00	NOK 27.00	n/a	10
Sep ’23	NOK 39.30	NOK 35.70 -9.2%	14.4%	NOK 43.00	NOK 27.00	n/a	10

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