AKVA group Future Growth

Future criteria checks 4/6

AKVA group is forecast to grow earnings and revenue by 69.8% and 7.5% per annum respectively. EPS is expected to grow by 69.9% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

69.8%

Earnings growth rate

69.9%

EPS growth rate

Machinery earnings growth	52.6%
Revenue growth rate	7.5%
Future return on equity	13.0%
Analyst coverage	Low
Last updated	24 Apr 2024

Recent future growth updates

Recent updates

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

Apr 26

Earnings and Revenue Growth Forecasts

OB:AKVA - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,267	169	240	356	3
12/31/2025	3,936	119	148	301	3
12/31/2024	3,573	53	-77	105	2
12/31/2023	3,425	-18	37	258	N/A
9/30/2023	3,362	-20	-103	81	N/A
6/30/2023	3,385	-109	70	235	N/A
3/31/2023	3,352	-171	24	210	N/A
12/31/2022	3,327	-131	53	221	N/A
9/30/2022	3,427	-88	118	263	N/A
6/30/2022	3,325	19	-54	79	N/A
3/31/2022	3,249	76	-38	79	N/A
12/31/2021	3,120	11	-20	61	N/A
9/30/2021	3,042	13	83	160	N/A
6/30/2021	3,109	35	52	136	N/A
3/31/2021	3,139	45	342	424	N/A
12/31/2020	3,172	91	243	347	N/A
9/30/2020	3,049	-2	169	299	N/A
6/30/2020	3,014	4	204	365	N/A
3/31/2020	2,951	7	-144	4	N/A
12/31/2019	3,051	15	69	211	N/A
9/30/2019	3,148	118	65	203	N/A
6/30/2019	3,013	105	3	98	N/A
3/31/2019	2,842	94	100	198	N/A
12/31/2018	2,579	90	55	154	N/A
9/30/2018	2,410	99	3	95	N/A
6/30/2018	2,257	96	37	141	N/A
3/31/2018	2,167	104	108	211	N/A
12/31/2017	2,088	100	-17	87	N/A
9/30/2017	1,980	65	N/A	187	N/A
6/30/2017	1,850	48	N/A	139	N/A
3/31/2017	1,721	36	N/A	94	N/A
12/31/2016	1,603	28	N/A	212	N/A
9/30/2016	1,499	43	N/A	112	N/A
6/30/2016	1,500	52	N/A	153	N/A
3/31/2016	1,493	57	N/A	166	N/A
12/31/2015	1,425	57	N/A	96	N/A
9/30/2015	1,386	58	N/A	85	N/A
6/30/2015	1,361	58	N/A	94	N/A
3/31/2015	1,261	51	N/A	82	N/A
12/31/2014	1,246	55	N/A	82	N/A
9/30/2014	1,187	45	N/A	131	N/A
6/30/2014	1,038	25	N/A	67	N/A
3/31/2014	1,007	18	N/A	112	N/A
12/31/2013	919	3	N/A	93	N/A
9/30/2013	817	-8	N/A	44	N/A
6/30/2013	838	-6	N/A	49	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKVA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: AKVA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AKVA is expected to become profitable in the next 3 years.

Revenue vs Market: AKVA's revenue (7.5% per year) is forecast to grow faster than the Norwegian market (1.8% per year).

High Growth Revenue: AKVA's revenue (7.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AKVA's Return on Equity is forecast to be low in 3 years time (13%).

AKVA group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 11% to kr63.33

Price target decreased by 12% to kr57.00

Price target decreased by 8.0% to kr65.00

Price target increased by 7.2% to kr74.00

Price target decreased to kr62.50

Price target decreased to kr68.50

Recent updates

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

Price target increased by 11% to kr63.33

New minor risk - Share price stability

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 12% to kr57.00

New minor risk - Share price stability

Now 20% undervalued after recent price drop

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

AKVA group ASA, Annual General Meeting, May 02, 2024

Price target decreased by 8.0% to kr65.00

New major risk - Financial position

Price target increased by 7.2% to kr74.00

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

AKVA group ASA (OB:AKVA) acquired 51% stake in Submerged As.

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

AKVA group ASA to Report Q3, 2023 Results on Nov 10, 2023

Price target decreased to kr62.50

High number of new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to kr68.50

Consensus EPS estimates have been downgraded.

Consensus forecasts updated

Chief Executive Officer recently bought kr5.2m worth of stock

Consensus forecasts updated

Price target decreased to kr81.00

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

AKVA group ASA Provides Earnings Guidance for the Second Quarter of 2022

Consensus EPS estimates fall by 15%

High number of new and inexperienced directors

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 22% undervalued after recent price drop

Upcoming dividend of kr1.00 per share

AKVA Group ASA Proposes Dividend First Quarter 2022

Akva Group Asa Announces Half-Yearly Dividend, Payable on 11 March 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2021 earnings released: EPS kr0.43 (vs kr1.08 in 3Q 2020)

Independent Board Member recently bought kr108k worth of stock

Second quarter 2021 earnings released: EPS kr0.48 (vs kr0.79 in 2Q 2020)

Consensus EPS estimates fall to kr1.73

Consensus EPS estimates fall to kr2.05

Independent Deputy Chairperson has left the company

First quarter 2021 earnings released: kr0.74 loss per share (vs kr0.63 profit in 1Q 2020)

Full year 2020 earnings released: EPS kr2.74 (vs kr0.44 in FY 2019)

Upcoming dividend of kr1.00 per share

Full year 2020 earnings released: EPS kr2.63 (vs kr0.44 in FY 2019)

Revenue beats expectations, earnings disappoint

AKVA Group ASA Announces Half-Yearly Dividend, Payable on April 14, 2021

AKVA Group ASA (OB:AKVA) acquired 33.7% stake in Observe Technologies Limited.

Investors Who Bought AKVA Group (OB:AKVA) Shares Five Years Ago Are Now Up 74%

New 90-day high: kr84.20

AKVA Group ASA to Report Q3, 2021 Results on Nov 05, 2021

Insider recently bought kr750k worth of stock

Price target raised to kr90.00

An unknown buyer acquired 11.76% stake in AKVA Group ASA (OB:AKVA) from Wheatsheaf Group Limited.

New 90-day high: kr74.00

Earnings beat expectations, revenue disappoints

Third quarter 2020 earnings released: EPS kr1.08

AKVA Group ASA's Subsidiary AKVA Group Land Based A/S Signs Engineering and Design Contract with the Norwegian Company Ecofisk AS

Anthony James Steps Down as Board Member of AKVA group ASA

New 90-day high: kr68.60

AKVA Group ASA (OB:AKVA) completed the acquisition of Austevoll Rorteknikk AS.

Earnings released

AKVA Group ASA (OB:AKVA) cancelled the acquisition of remaining 31.3% stake in AKVA Marine Services AS from minority shareholders.