OTOVO Stock Overview
Otovo ASA engages in the online selling of solutions and services related to distributed renewable energy to private customers in Norway, Sweden, and Italy.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr26.25|
|52 Week High||kr28.88|
|52 Week Low||kr10.75|
|1 Month Change||4.17%|
|3 Month Change||54.41%|
|1 Year Change||88.85%|
|3 Year Change||191.67%|
|5 Year Change||n/a|
|Change since IPO||228.13%|
Recent News & Updates
|OTOVO||NO Electrical||NO Market|
Return vs Industry: OTOVO exceeded the Norwegian Electrical industry which returned -13.7% over the past year.
Return vs Market: OTOVO exceeded the Norwegian Market which returned 12.3% over the past year.
|OTOVO Average Weekly Movement||10.0%|
|Electrical Industry Average Movement||8.0%|
|Market Average Movement||7.5%|
|10% most volatile stocks in NO Market||13.0%|
|10% least volatile stocks in NO Market||4.3%|
Stable Share Price: OTOVO is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: OTOVO's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
Otovo ASA engages in the online selling of solutions and services related to distributed renewable energy to private customers in Norway, Sweden, and Italy. The company was founded in 2016 and is headquartered in Oslo, Norway.
Otovo Fundamentals Summary
|OTOVO fundamental statistics|
Is OTOVO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OTOVO income statement (TTM)|
|Cost of Revenue||kr299.92m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 14, 2022
|Earnings per share (EPS)||-1.41|
|Net Profit Margin||-52.79%|
How did OTOVO perform over the long term?See historical performance and comparison
Is Otovo undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate OTOVO's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate OTOVO's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: OTOVO is unprofitable, so we can't compare its PE Ratio to the European Electrical industry average.
PE vs Market: OTOVO is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OTOVO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OTOVO is overvalued based on its PB Ratio (5x) compared to the XE Electrical industry average (2.4x).
How is Otovo forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Otovo has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Otovo performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OTOVO is currently unprofitable.
Growing Profit Margin: OTOVO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OTOVO is unprofitable, and losses have increased over the past 5 years at a rate of 51.3% per year.
Accelerating Growth: Unable to compare OTOVO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OTOVO is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (26.3%).
Return on Equity
High ROE: OTOVO has a negative Return on Equity (-26.18%), as it is currently unprofitable.
How is Otovo's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: OTOVO's short term assets (NOK562.1M) exceed its short term liabilities (NOK136.9M).
Long Term Liabilities: OTOVO's short term assets (NOK562.1M) exceed its long term liabilities (NOK51.7M).
Debt to Equity History and Analysis
Debt Level: OTOVO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if OTOVO's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OTOVO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OTOVO has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 40.9% each year.
What is Otovo current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OTOVO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OTOVO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OTOVO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OTOVO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as OTOVO has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Andreas Egge Thorsheim is a Co-Founder of Otovo ASA in January 2016 and also serves its General Manager. Mr. Thorsheim serves as Chairman of the Board at European Distributed Energy Assets Holding AS....
Experienced Management: OTOVO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: OTOVO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OTOVO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.8%.
Otovo ASA's employee growth, exchange listings and data sources
- Name: Otovo ASA
- Ticker: OTOVO
- Exchange: OB
- Founded: 2016
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: kr3.370b
- Shares outstanding: 136.15m
- Website: https://www.otovo.no
Number of Employees
- Otovo ASA
- Torggata 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 00:00|
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.