BlueNord ASA

LSE:0HTF Stock Report

Market Cap: NOK 16.3b

BlueNord Valuation

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

Below Fair Value: 0HTF (NOK617) is trading below our estimate of fair value (NOK705.14)

Significantly Below Fair Value: 0HTF 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 0HTF?

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

The above table shows the Price to Earnings ratio for 0HTF. This is calculated by dividing 0HTF's market cap by their current earnings.
What is 0HTF's PE Ratio?
PE Ratio36.2x
EarningsUS$39.80m
Market CapUS$1.44b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0HTF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.1x
SEPL Seplat Energy
18.2x13.4%UK£1.2b
ITH Ithaca Energy
19.2x-3.9%UK£1.7b
DEC Diversified Energy
5.5x2.4%UK£625.8m
SQZ Serica Energy
5.6x-18.3%UK£506.8m
0HTF BlueNord
36.2x50.9%NOK 16.3b

Price-To-Earnings vs Peers: 0HTF is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the peer average (12.1x).

Price to Earnings Ratio vs Industry

How does 0HTF'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
INDI Indus Gas
0.8xn/aUS$16.98m
No more companies available in this PE range
0HTF 36.2xIndustry Avg. 9.1xNo. of Companies4PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0HTF is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the UK Oil and Gas industry average (9.2x).

Price to Earnings Ratio vs Fair Ratio

What is 0HTF'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.

0HTF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.2x
Fair PE Ratio25.9x

Price-To-Earnings vs Fair Ratio: 0HTF is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the estimated Fair Price-To-Earnings Ratio (25.9x).

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 0HTF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 617.00
NOK 720.00
+16.7%
8.9%NOK 830.00NOK 670.00n/a4
Dec ’25NOK 588.00
NOK 720.00
+22.4%
8.9%NOK 830.00NOK 670.00n/a4
Nov ’25NOK 535.00
NOK 686.67
+28.3%
11.9%NOK 800.00NOK 610.00n/a3
Oct ’25NOK 477.50
NOK 678.33
+42.1%
13.3%NOK 800.00NOK 585.00n/a3
Sep ’25NOK 479.00
NOK 686.67
+43.4%
11.9%NOK 800.00NOK 610.00n/a3
Aug ’25NOK 508.00
NOK 686.67
+35.2%
11.9%NOK 800.00NOK 610.00n/a3
Jul ’25NOK 563.00
NOK 707.50
+25.7%
13.1%NOK 800.00NOK 615.00n/a2
Jun ’25NOK 550.00
NOK 681.67
+23.9%
12.3%NOK 800.00NOK 615.00n/a3
May ’25NOK 569.00
NOK 640.67
+12.6%
1.3%NOK 650.00NOK 630.00n/a3
Apr ’25NOK 573.10
NOK 644.00
+12.4%
1.9%NOK 660.00NOK 630.00n/a3
Mar ’25NOK 552.06
NOK 650.67
+17.9%
1.1%NOK 660.00NOK 642.00n/a3
Feb ’25NOK 501.95
NOK 649.33
+29.4%
1.4%NOK 660.00NOK 638.00n/a3
Jan ’25NOK 497.50
NOK 619.00
+24.4%
3.1%NOK 638.00NOK 600.00n/a2
Dec ’24NOK 496.00
NOK 619.00
+24.8%
3.1%NOK 638.00NOK 600.00NOK 588.002
Nov ’24NOK 591.00
NOK 619.00
+4.7%
3.1%NOK 638.00NOK 600.00NOK 535.002
Oct ’24NOK 518.00
NOK 573.00
+10.6%
4.7%NOK 600.00NOK 546.00NOK 477.502
Sep ’24NOK 492.00
NOK 573.00
+16.5%
4.7%NOK 600.00NOK 546.00NOK 479.002
Aug ’24NOK 439.73
NOK 573.00
+30.3%
4.7%NOK 600.00NOK 546.00NOK 508.002
Jul ’24NOK 408.96
NOK 572.50
+40.0%
4.8%NOK 600.00NOK 545.00NOK 563.002
Jun ’24NOK 385.49
NOK 546.50
+41.8%
9.8%NOK 600.00NOK 493.00NOK 550.002
May ’24NOK 363.00
NOK 546.50
+50.6%
9.8%NOK 600.00NOK 493.00NOK 569.002
Apr ’24NOK 350.00
NOK 546.50
+56.1%
9.8%NOK 600.00NOK 493.00NOK 573.102
Mar ’24NOK 401.99
NOK 546.50
+36.0%
9.8%NOK 600.00NOK 493.00NOK 552.062

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 15:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

BlueNord ASA is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anna-Karin HempelArctic Securities ASA
Morten LindbäckBeringer Finance AB
Alexander HolbournBofA Global Research