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OSUN logo

Ocean Sun OB:OSUN Stock Report

Last Price

NOK 1.56

Market Cap

NOK 70.0m

7D

-5.8%

1Y

-61.1%

Updated

22 Dec, 2024

Data

Company Financials

Ocean Sun AS

OB:OSUN Stock Report

Market Cap: NOK 70.0m

OSUN Stock Overview

Develops floating power system with solar panels. More details

OSUN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Risk Analysis

Makes less than USD$1m in revenue (NOK7M)

Earnings have declined by 7.1% per year over past 5 years

Highly volatile share price over the past 3 months compared to the Norwegian market

Does not have a meaningful market cap (NOK70M)


My Notes

Capture your thoughts, links and company narrative

Ocean Sun AS Competitors

Inin Group

OB:ININ

NOK 281.3m

Argeo

OB:ARGEO

NOK 450.4m

Integrated Wind Solutions

OB:IWS

NOK 1.8b

NRC Group

OB:NRC

NOK 834.9m

Price History & Performance

Summary of share price highs, lows and changes for Ocean Sun
Historical stock prices
Current Share PriceNOK 1.56
52 Week HighNOK 4.74
52 Week LowNOK 1.41
Beta2.42
1 Month Change-14.79%
3 Month Change-21.46%
1 Year Change-61.12%
3 Year Change-89.05%
5 Year Changen/a
Change since IPO-89.63%

Recent News & Updates

Recent updates

Calculating The Intrinsic Value Of Ocean Sun AS (OB:OSUN)

Jul 12
Calculating The Intrinsic Value Of Ocean Sun AS (OB:OSUN)

Ocean Sun (OB:OSUN) Is In A Strong Position To Grow Its Business

Apr 21
Ocean Sun (OB:OSUN) Is In A Strong Position To Grow Its Business

Here's Why We're Not At All Concerned With Ocean Sun's (OB:OSUN) Cash Burn Situation

Jan 04
Here's Why We're Not At All Concerned With Ocean Sun's (OB:OSUN) Cash Burn Situation

We're Not Worried About Ocean Sun's (OB:OSUN) Cash Burn

Jun 14
We're Not Worried About Ocean Sun's (OB:OSUN) Cash Burn

We're Not Very Worried About Ocean Sun's (OB:OSUN) Cash Burn Rate

Mar 08
We're Not Very Worried About Ocean Sun's (OB:OSUN) Cash Burn Rate

We're Not Worried About Ocean Sun's (OB:OSUN) Cash Burn

Jul 22
We're Not Worried About Ocean Sun's (OB:OSUN) Cash Burn

Shareholder Returns

OSUNNO ConstructionNO Market
7D-5.8%-0.9%-2.8%
1Y-61.1%32.5%-0.8%

Return vs Industry: OSUN underperformed the Norwegian Construction industry which returned 32.5% over the past year.

Return vs Market: OSUN underperformed the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is OSUN's price volatile compared to industry and market?
OSUN volatility
OSUN Average Weekly Movement12.9%
Construction Industry Average Movement3.9%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: OSUN's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: OSUN's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
201614Kristian Torvoldoceansun.no

Ocean Sun AS develops floating power system with solar panels. Its system consists of one or multiple floaters anchored side-by-side to build larger power plants, as well as takes local water depth, wave, current, and wind conditions into consideration. The company was incorporated in 2016 and is headquartered in Lysaker, Norway.

Ocean Sun AS Fundamentals Summary

How do Ocean Sun's earnings and revenue compare to its market cap?
OSUN fundamental statistics
Market capNOK 69.95m
Earnings (TTM)-NOK 15.89m
Revenue (TTM)NOK 6.91m

10.1x

P/S Ratio

-4.4x

P/E Ratio

Is OSUN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OSUN income statement (TTM)
RevenueNOK 6.91m
Cost of RevenueNOK 5.54m
Gross ProfitNOK 1.37m
Other ExpensesNOK 17.26m
Earnings-NOK 15.89m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)-0.35
Gross Margin19.80%
Net Profit Margin-229.89%
Debt/Equity Ratio0%

How did OSUN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:24
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

Ocean Sun AS is covered by 1 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
Magnus SolheimFearnley Securities