Scatec (LSE:0R3I) - Stock Price, News & Analysis

0R3I Stock Overview

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide.

0R3I fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	2/6
Financial Health	1/6
Dividends	0/6

Rewards

Earnings are forecast to grow 2.71% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 33.5%

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Scatec ASA Competitors

Drax Group

LSE:DRX

UK£2.0b

Yü Group

AIM:YU.

UK£314.3m

Telecom Plus

LSE:TEP

UK£1.3b

Canvest Environmental Protection Group

SEHK:1381

HK$9.4b

Price History & Performance

Summary of all time highs, changes and price drops for Scatec
Historical stock prices
Current Share Price	kr70.13
52 Week High	kr85.40
52 Week Low	kr52.60
Beta	1.44
1 Month Change	-3.93%
3 Month Change	-2.77%
1 Year Change	4.20%
3 Year Change	-72.89%
5 Year Change	-14.64%
Change since IPO	142.96%

Recent updates

Shareholder Returns

	0R3I	GB Renewable Energy	GB Market
7D	-0.7%	2.9%	2.7%
1Y	4.2%	-12.5%	0.3%

Return vs Industry: 0R3I exceeded the UK Renewable Energy industry which returned -12.5% over the past year.

Return vs Market: 0R3I exceeded the UK Market which returned 0.3% over the past year.

Price Volatility

Is 0R3I's price volatile compared to industry and market?
0R3I volatility
0R3I Average Weekly Movement	6.1%
Renewable Energy Industry Average Movement	11.5%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0R3I has not had significant price volatility in the past 3 months.

Volatility Over Time: 0R3I's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	622	Terje Pilskog	scatec.com

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity.

Scatec ASA Fundamentals Summary

How do Scatec's earnings and revenue compare to its market cap?
0R3I fundamental statistics
Market cap	kr11.12b
Earnings (TTM)	kr628.00m
Revenue (TTM)	kr3.40b

17.7x

P/E Ratio

3.3x

P/S Ratio

Is 0R3I overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0R3I income statement (TTM)
Revenue	kr3.40b
Cost of Revenue	kr0
Gross Profit	kr3.40b
Other Expenses	kr2.77b
Earnings	kr628.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)	3.95
Gross Margin	100.00%
Net Profit Margin	18.48%
Debt/Equity Ratio	254.4%

How did 0R3I perform over the long term?

See historical performance and comparison

0R3I Stock Overview

Rewards

Risk Analysis

Scatec ASA Competitors

LSE:DRX

UK£2.0b

AIM:YU.

UK£314.3m

LSE:TEP

UK£1.3b

SEHK:1381

HK$9.4b

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: EPS: kr3.95 (vs kr8.40 loss in FY 2022)

New major risk - Financial position

Scatec ASA Provides Power Production Guidance for the First Quarter 2024

Full year 2023 earnings released: EPS: kr3.95 (vs kr8.40 loss in FY 2022)

Globeleq Generation Limited acquired 52.5% stake in 40 MW Mocuba solar power plant in Mozambique from Scatec ASA (OB:SCATC).

Scatec ASA to Report Q4, 2024 Results on Jan 31, 2025

Recent updates

Full year 2023 earnings released: EPS: kr3.95 (vs kr8.40 loss in FY 2022)

New major risk - Financial position

Scatec ASA Provides Power Production Guidance for the First Quarter 2024

Full year 2023 earnings released: EPS: kr3.95 (vs kr8.40 loss in FY 2022)

Globeleq Generation Limited acquired 52.5% stake in 40 MW Mocuba solar power plant in Mozambique from Scatec ASA (OB:SCATC).

Scatec ASA to Report Q4, 2024 Results on Jan 31, 2025

Director recently bought kr199k worth of stock

Third quarter 2023 earnings released: EPS: kr0.28 (vs kr1.61 in 3Q 2022)

New minor risk - Share price stability

Central Puerto S.A. (BASE:CEPU) completed the acquisition of 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Central Puerto S.A. (BASE:CEPU) completed the acquisition of 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Central Puerto S.A. (BASE:CEPU) reached an agreement to acquire 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Second quarter 2023 earnings released: EPS: kr1.90 (vs kr0.61 loss in 2Q 2022)

New major risk - Revenue and earnings growth

Globeleq Generation Limited signed an agreement to acquire 40 MW Mocuba solar power plant in Mozambique from Scatec ASA (OB:SCATC) for $8.5 million.

New minor risk - Share price stability

First quarter 2023 earnings released: kr1.02 loss per share (vs kr7.14 loss in 1Q 2022)

Upcoming dividend of kr1.94 per share at 2.6% yield

Full year 2022 earnings released: kr8.40 loss per share (vs kr2.44 profit in FY 2021)

Independent Director recently bought kr200k worth of stock

Full year 2022 earnings released: kr8.40 loss per share (vs kr2.44 profit in FY 2021)

Scatec Asa Proposes Dividend for 2022, Payable Prior to 15 May 2023

Scatec ASA Announces Mikkel Tørud Steps into New Role as EVP Green Hydrogen and Middle East and North Africa Region

Scatec ASA Announces Chief Financial Officer Changes, Effective March 1, 2023

Scatec ASA to Report First Half, 2023 Results on Aug 18, 2023

Third quarter 2022 earnings released: EPS: kr1.60 (vs kr0.82 in 3Q 2021)

Independent Director recently bought kr79k worth of stock

Scatec ASA Announces CFO Mikkel Tørud Will Take on A New Executive Management Role in the New Organization

Scatec ASA(OB:SCATC) dropped from Oslo OBX Total Return Index

Insider recently sold kr13m worth of stock

Scatec ASA Provides Production Guidance for the Third Quarter and Full Year 2022

Second quarter 2022 earnings released: kr0.61 loss per share (vs kr0.58 profit in 2Q 2021)

Independent Director recently bought kr249k worth of stock

Scatec ASA Announces Executive Changes

First quarter 2022 earnings released: kr7.13 loss per share (vs kr0.11 profit in 1Q 2021)

Scatec ASA Proposes Dividend for 2021, Payable Prior to 15 May 2022

Scatec ASA Announces CEO Changes, Effective May 1, 2022

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Scatec ASA Proposes Cash Dividend for 2021, Payable Prior to 15 May 2022

Director recently bought kr318k worth of stock

Third quarter 2021 earnings released: EPS kr0.83 (vs kr0.43 loss in 3Q 2020)

Chief Financial Officer recently bought kr475k worth of stock

Scatec ASA Provides Production Guidance for the Third Quarter and Full Year 2021

Second quarter 2021 earnings released: EPS kr0.58 (vs kr0.76 loss in 2Q 2020)

Scatec ASA (OB:SCATC) agreed to acquire 50% majority stake in 900 Mega-Watt Power Generation Assets in Rajasthan from ACME Solar Holdings Limited.

Scatec ASA (OB:SCATC) commences an Equity Buyback Plan for 830,000 shares, representing 0.52% of its issued share capital, under the authorization approved on April 20, 2021.

Chief Executive Officer recently bought kr5.0m worth of stock

First quarter 2021 earnings released: EPS kr0.11 (vs kr1.87 in 1Q 2020)

Independent Director has left the company

Upcoming dividend of kr1.09 per share

Full year 2020 earnings released: kr3.52 loss per share (vs kr0.31 loss in FY 2019)

New 90-day low: kr250

Chief Executive Officer recently sold kr19m worth of stock

Full year 2020 earnings released: kr3.51 loss per share (vs kr0.31 loss in FY 2019)

Revenue misses expectations

Scatec ASA Appoints Jarl Kosberg as EVP Project Development Hydropower

New 90-day high: kr386

Scatec ASA Starts Commercial Operation of Another 32 Mw in Ukraine