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OTOV

Otovo OB:OTOVO Stock Report

Last Price

kr26.25

Market Cap

kr3.4b

7D

12.4%

1Y

88.8%

Updated

23 May, 2022

Data

Company Financials
OTOVO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

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.

Otovo Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Otovo
Historical stock prices
Current Share Pricekr26.25
52 Week Highkr28.88
52 Week Lowkr10.75
Beta0.99
1 Month Change4.17%
3 Month Change54.41%
1 Year Change88.85%
3 Year Change191.67%
5 Year Changen/a
Change since IPO228.13%

Recent News & Updates

Shareholder Returns

OTOVONO ElectricalNO Market
7D12.4%0.9%2.1%
1Y88.8%-13.7%12.3%

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.

Price Volatility

Is OTOVO's price volatile compared to industry and market?
OTOVO volatility
OTOVO Average Weekly Movement10.0%
Electrical Industry Average Movement8.0%
Market Average Movement7.5%
10% most volatile stocks in NO Market13.0%
10% least volatile stocks in NO Market4.3%

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

FoundedEmployeesCEOWebsite
2016149Andreas Thorsheimhttps://www.otovo.no

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

How do Otovo's earnings and revenue compare to its market cap?
OTOVO fundamental statistics
Market Capkr3.37b
Earnings (TTM)-kr191.99m
Revenue (TTM)kr363.68m

9.8x

P/S Ratio

-18.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OTOVO income statement (TTM)
Revenuekr363.68m
Cost of Revenuekr299.92m
Gross Profitkr63.76m
Other Expenseskr255.75m
Earnings-kr191.99m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 14, 2022

Earnings per share (EPS)-1.41
Gross Margin17.53%
Net Profit Margin-52.79%
Debt/Equity Ratio4.0%

How did OTOVO perform over the long term?

See historical performance and comparison

Valuation

Is Otovo undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


5.03x

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).


Future Growth

How is Otovo forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.7%

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.


Past Performance

How has Otovo performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-51.3%

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.


Financial Health

How is Otovo's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • 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.


Balance Sheet


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.


Dividend

What is Otovo current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • 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

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Andreas Thorsheim

6.33yrs

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....


Leadership Team

Experienced Management: OTOVO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: OTOVO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.8%.


Top Shareholders

Company Information

Otovo ASA's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Otovo ASA
  • Torggata 7
  • Oslo
  • Oslo
  • 181
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.