Aker ASA

OB:AKER Stock Report

Market Cap: NOK 63.3b

Aker Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: AKER (NOK857) is trading below our estimate of future cash flow value (NOK17377.73)

Significantly Below Future Cash Flow Value: AKER is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

Key metric: As AKER is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for AKER. This is calculated by dividing AKER's market cap by their current revenue.
What is AKER's PS Ratio?
PS Ratio4.6x
SalesNOK 13.66b
Market CapNOK 63.30b

Price to Sales Ratio vs Peers

How does AKER's PS Ratio compare to its peers?

The above table shows the PS ratio for AKER vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.4x
AFK Arendals Fossekompani
2.2xn/aNOK 8.4b
BONHR Bonheur
0.9x0.43%NOK 10.9b
AUTO AutoStore Holdings
8.1x11.16%NOK 41.5b
TOM Tomra Systems
2.5x12.90%NOK 38.4b
AKER Aker
4.6xn/aNOK 63.3b

Price-To-Sales vs Peers: AKER is expensive based on its Price-To-Sales Ratio (4.6x) compared to the peer average (3.4x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does AKER's PS Ratio compare vs other companies in the European Industrials Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
AKER 4.6xIndustry Avg. 0.9xNo. of Companies5PS00.61.21.82.43+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: AKER is expensive based on its Price-To-Sales Ratio (4.6x) compared to the European Industrials industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is AKER's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AKER PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate AKER's Price-To-Sales 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 AKER forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 857.00
NOK 777.50
-9.28%
16.00%NOK 870.00NOK 565.00n/a4
Jan ’27NOK 768.00
NOK 842.50
+9.70%
3.26%NOK 870.00NOK 815.00n/a2
Dec ’26NOK 784.00
NOK 842.50
+7.46%
3.26%NOK 870.00NOK 815.00n/a2
Nov ’26NOK 787.00
NOK 817.50
+3.88%
0.31%NOK 820.00NOK 815.00n/a2
Sep ’26NOK 732.00
NOK 823.50
+12.50%
0.43%NOK 827.00NOK 820.00n/a2
Aug ’26NOK 695.00
NOK 812.33
+16.88%
1.98%NOK 827.00NOK 790.00n/a3
Jul ’26NOK 658.00
NOK 779.25
+18.43%
4.11%NOK 827.00NOK 750.00n/a4
Jun ’26NOK 601.00
NOK 779.25
+29.66%
4.11%NOK 827.00NOK 750.00n/a4
May ’26NOK 600.00
NOK 804.25
+34.04%
4.72%NOK 850.00NOK 750.00n/a4
Apr ’26NOK 622.00
NOK 804.25
+29.30%
4.72%NOK 850.00NOK 750.00n/a4
Mar ’26NOK 606.00
NOK 804.25
+32.71%
4.72%NOK 850.00NOK 750.00n/a4
Feb ’26NOK 608.00
NOK 796.25
+30.96%
4.47%NOK 850.00NOK 750.00n/a4
Jan ’26NOK 549.00
NOK 796.25
+45.04%
4.47%NOK 850.00NOK 750.00NOK 768.004
Dec ’25NOK 575.00
NOK 796.25
+38.48%
4.47%NOK 850.00NOK 750.00NOK 784.004
Nov ’25NOK 574.00
NOK 849.75
+48.04%
6.90%NOK 900.00NOK 750.00NOK 787.004
Oct ’25NOK 559.00
NOK 853.80
+52.74%
6.22%NOK 900.00NOK 750.00NOK 787.005
Sep ’25NOK 600.00
NOK 853.80
+42.30%
6.22%NOK 900.00NOK 750.00NOK 732.005
Aug ’25NOK 636.00
NOK 853.80
+34.25%
6.22%NOK 900.00NOK 750.00NOK 695.005
Jul ’25NOK 623.00
NOK 843.00
+35.31%
6.04%NOK 900.00NOK 750.00NOK 658.005
Jun ’25NOK 625.00
NOK 850.00
+36.00%
6.00%NOK 900.00NOK 780.00NOK 601.003
May ’25NOK 619.00
NOK 850.00
+37.32%
6.00%NOK 900.00NOK 780.00NOK 600.003
Apr ’25NOK 623.50
NOK 850.00
+36.33%
6.00%NOK 900.00NOK 780.00NOK 622.003
Mar ’25NOK 580.00
NOK 883.33
+52.30%
1.41%NOK 900.00NOK 870.00NOK 606.003
Feb ’25NOK 623.00
NOK 883.33
+41.79%
1.41%NOK 900.00NOK 870.00NOK 608.003
Jan ’25NOK 666.00
NOK 858.75
+28.94%
5.12%NOK 900.00NOK 785.00NOK 549.004
NOK 777.5
Fair Value
10.2% overvalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/24 18:28
End of Day Share Price 2026/01/23 00:00
Earnings2025/06/30
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 ASA is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chr. Frederik LundeCarnegie Investment Bank AB
Vidar LyngværDanske Bank
Helene BrondboDNB Carnegie