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AKVA group ASAOB:AKVA Stock Report

Market Cap NOK 4.6b
Share Price
NOK 126.50
NOK 130
2.7% undervalued intrinsic discount
1Y76.2%
7D-5.9%
1D
Portfolio Value
View

AKVA group ASA

OB:AKVA Stock Report

Market Cap: NOK 4.6b

AKVA group (AKVA) Stock Overview

Designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry. More details

AKVA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends0/6

AKVA Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

AKVA group ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for AKVA group
Historical stock prices
Current Share PriceNOK 126.50
52 Week HighNOK 138.50
52 Week LowNOK 70.20
Beta0.048
1 Month Change1.61%
3 Month Change29.61%
1 Year Change76.18%
3 Year Change91.67%
5 Year Change39.32%
Change since IPO261.43%

Recent News & Updates

Narrative Update Apr 22

AKVA: Strategic Review And New Contract Will Support Measured Upside Potential

Analysts now set a higher price target for AKVA group at NOK 130 from NOK 115. This reflects updated assumptions for discount rate, revenue growth, profit margin and future P/E that together point to a somewhat richer valuation framework.

Recent updates

Narrative Update Apr 22

AKVA: Strategic Review And New Contract Will Support Measured Upside Potential

Analysts now set a higher price target for AKVA group at NOK 130 from NOK 115. This reflects updated assumptions for discount rate, revenue growth, profit margin and future P/E that together point to a somewhat richer valuation framework.
Narrative Update Apr 08

AKVA: RAS Contract And Reaffirmed 2027 Guidance Will Support Steady Outlook

Analysts are keeping their price target for AKVA group steady at NOK 115, citing adjusted assumptions around the discount rate, revenue growth, profit margin, and future P/E, which together support maintaining the current valuation level. What's in the News AKVA group ASA entered into a RAS contract with Ardal Aqua AS for the design and delivery of a smolt facility in Ardal, Rogaland, Norway, with planned production capacity of 6 million smolt per year at 100 grams and an estimated contract value of NOK 200 million (Key Developments).
Narrative Update Mar 25

AKVA: New RAS Contract And 2027 Guidance Will Drive Upside

Analysts have lifted their price target for AKVA group from NOK 133 to NOK 145, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E, which adjust the risk and earnings profile used in their valuations. What's in the News AKVA group ASA entered into a RAS contract with Ardal Aqua AS for the design and delivery of a smolt facility in Ardal, Rogaland, Norway, with planned production capacity of 6 million smolt per year at 100 grams (Key Developments).
Narrative Update Mar 10

AKVA: New Smolt Facility Contract Will Support Stronger Long Term Earnings Potential

Analysts now set their AKVA group price target at NOK 131.0, up from NOK 113.5. This reflects updated assumptions around a slightly higher discount rate, more moderate revenue growth, a modestly stronger profit margin and a marginally higher future P/E multiple. What's in the News AKVA group ASA entered into a RAS contract with Ardal Aqua AS for the design and delivery of a smolt facility in Ardal, Rogaland, Norway, with planned production capacity of 6 million smolt per year at 100 grams (Key Developments).
Narrative Update Feb 24

AKVA: Reaffirmed 2027 Margin Guidance Will Support Future Earnings Upside

Analysts have lifted their price target on AKVA group from NOK 110 to NOK 115, citing updated model inputs that include adjusted revenue growth assumptions, a slightly different discount rate, a modestly higher profit margin outlook, and a revised forward P/E of 17.65x. What's in the News AKVA group ASA reaffirmed its earnings guidance for 2027, targeting minimum revenue of NOK 5b and an EBIT margin of 9% (company guidance).
Narrative Update Feb 09

AKVA: Updated Margin And P/E Assumptions Will Support Future Earnings Upside

Analysts have raised their price target on AKVA group from NOK 105.00 to NOK 110.00, citing updated inputs for revenue growth, profit margin, discount rate and future P/E assumptions. Valuation Changes Fair Value Estimate: Adjusted from NOK 105.00 to NOK 110.00, indicating a slightly higher assessed value per share.
Narrative Update Jan 26

AKVA: 2027 Margin And Revenue Guidance Will Support Future Earnings Upside

Analysts have kept their price target for AKVA group steady at NOK 105, citing small adjustments to the discount rate, revenue growth assumptions and profit margin forecasts, along with a slightly lower future P/E estimate, as the basis for reaffirming their view. What's in the News Management issued earnings guidance for 2025, stating confidence in delivering minimum revenue of NOK 4,000,000,000 and an EBIT margin of 6% for the year (company guidance).
Narrative Update Jan 11

AKVA: 2027 Margin And Revenue Guidance Will Support Stronger Earnings

Analysts have kept their fair value estimate for AKVA group steady at NOK 105.00, while modestly adjusting the discount rate, revenue growth, profit margin and future P/E assumptions to reflect updated views on risk, earnings potential and valuation. What's in the News AKVA group has issued earnings guidance for 2025, indicating confidence in delivering minimum revenue of NOK 4,000,000,000 with an EBIT margin of at least 6% (company guidance).
Narrative Update Dec 26

AKVA: Higher 2027 EBIT Margin Outlook Will Support Stronger Earnings

Analysts have raised their fair value estimate for AKVA group from NOK 80 to NOK 105, citing expectations for slightly faster revenue growth, improved profit margins and a higher justified future P/E multiple despite a modest uptick in the discount rate. What's in the News Issued new earnings guidance for 2025, targeting minimum revenue of NOK 4 billion and an EBIT margin of at least 6 percent (company guidance).
Narrative Update Dec 12

AKVA: Higher Margins And Buybacks Are Expected To Drive Upside

Analysts have raised their price target for AKVA group from NOK 122 to NOK 133, citing expectations of stronger profit margins despite moderating revenue growth and a slightly higher discount rate, along with a lower assumed future P/E multiple. What's in the News Issued new financial guidance, targeting minimum revenue of NOK 4 billion and an EBIT margin of 6% in 2025, and revenue of NOK 5 billion with a 9% EBIT margin in 2027 (corporate guidance).
Analysis Article Nov 15

AKVA group (OB:AKVA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

AKVA group ASA's ( OB:AKVA ) robust earnings report didn't manage to move the market for its stock. We did some...
Narrative Update Sep 19

Digital And Land-Based Solutions Will Transform Global Salmon Production

The significant upward revision in AKVA group's price target is primarily driven by an increase in its forecasted future P/E multiple, raising the consensus fair value from NOK102.33 to NOK113.50. What's in the News AKVA group targets a minimum revenue of NOK 4.0 billion and an EBIT margin of 6% for 2025.
Analysis Article Jun 14

What AKVA group ASA's (OB:AKVA) P/S Is Not Telling You

It's not a stretch to say that AKVA group ASA's ( OB:AKVA ) price-to-sales (or "P/S") ratio of 0.8x right now seems...
Analysis Article May 16

We Think Some Shareholders May Hesitate To Increase AKVA group ASA's (OB:AKVA) CEO Compensation

Key Insights AKVA group to hold its Annual General Meeting on 22nd of May Salary of kr6.12m is part of CEO Knut Nesse's...
Analysis Article May 09

The Return Trends At AKVA group (OB:AKVA) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Apr 14

AKVA group's (OB:AKVA) Earnings Are Of Questionable Quality

AKVA group ASA ( OB:AKVA ) announced strong profits, but the stock was stagnant. We did some digging, and we found some...
Analysis Article Apr 08

Is AKVA group (OB:AKVA) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 19

AKVA group ASA (OB:AKVA) Just Reported And Analysts Have Been Lifting Their Price Targets

Last week, you might have seen that AKVA group ASA ( OB:AKVA ) released its yearly result to the market. The early...
User avatar
New Narrative Feb 11

Contract With Cermaq And Observe Technologies Acquisition Will Drive Digital And Land-Based Expansion

New contracts and acquisitions are expected to enhance AKVA's growth and profit margins in both Land Based and Digital segments.
Analysis Article Sep 13

Why Investors Shouldn't Be Surprised By AKVA group ASA's (OB:AKVA) 25% Share Price Plunge

AKVA group ASA ( OB:AKVA ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Aug 10

AKVA group (OB:AKVA) Will Be Looking To Turn Around Its Returns

What financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...
Analysis Article Apr 26

We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Key Insights AKVA group will host its Annual General Meeting on 2nd of May Total pay for CEO Knut Nesse includes...
Analysis Article Mar 15

Subdued Growth No Barrier To AKVA group ASA (OB:AKVA) With Shares Advancing 27%

AKVA group ASA ( OB:AKVA ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Jan 10

Returns On Capital Signal Tricky Times Ahead For AKVA group (OB:AKVA)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Oct 03

We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

AKVANO MachineryNO Market
7D-5.9%-0.2%3.2%
1Y76.2%14.4%24.9%

Return vs Industry: AKVA exceeded the Norwegian Machinery industry which returned 14.4% over the past year.

Return vs Market: AKVA exceeded the Norwegian Market which returned 24.9% over the past year.

Price Volatility

Is AKVA's price volatile compared to industry and market?
AKVA volatility
AKVA Average Weekly Movement6.3%
Machinery Industry Average Movement8.6%
Market Average Movement5.5%
10% most volatile stocks in NO Market12.4%
10% least volatile stocks in NO Market3.3%

Stable Share Price: AKVA has not had significant price volatility in the past 3 months compared to the Norwegian market.

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

About the Company

FoundedEmployeesCEOWebsite
19821,501Knut Nessewww.akvagroup.com

AKVA group ASA designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry. The company operates in three segments: Sea Based Technology (SBT), Digital, and Land Based Technology (LBT). The SBT segment offers nets, plastic pens, steel pens, mooring, special nets, remotely operating vehicles systems, net cleaning, marine engineering, lab services, boats, additional equipment, pipes, feed barges, feed systems, lights, camera, sensors, and deep farming and lice control solutions.

AKVA group ASA Fundamentals Summary

How do AKVA group's earnings and revenue compare to its market cap?
AKVA fundamental statistics
Market capNOK 4.60b
Earnings (TTM)NOK 197.87m
Revenue (TTM)NOK 4.52b
23.3x
P/E Ratio
1.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKVA income statement (TTM)
RevenueNOK 4.52b
Cost of RevenueNOK 2.56b
Gross ProfitNOK 1.96b
Other ExpensesNOK 1.76b
EarningsNOK 197.87m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 14, 2026

Earnings per share (EPS)5.44
Gross Margin43.40%
Net Profit Margin4.38%
Debt/Equity Ratio82.4%

How did AKVA perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
37%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 00:55
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

AKVA group ASA is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ola TrovatnDNB Carnegie
Mindaugas CekanaviciusNorne Securities AS
Henrik KnutsenPareto Securities