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Otovo OB:OTOVO Stock Report

Last Price

kr1.37

Market Cap

kr385.2m

7D

5.4%

1Y

-88.4%

Updated

27 Mar, 2024

Data

Company Financials +

OTOVO Stock Overview

Otovo ASA, together with its subsidiaries, operates an online marketplace for solar installations in Norway.

OTOVO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Otovo ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Otovo
Historical stock prices
Current Share Pricekr1.37
52 Week Highkr13.98
52 Week Lowkr1.20
Beta1.04
1 Month Change-21.53%
3 Month Change-59.47%
1 Year Change-88.39%
3 Year Change-91.52%
5 Year Change-82.88%
Change since IPO-82.88%

Recent News & Updates

Not Many Are Piling Into Otovo ASA (OB:OTOVO) Stock Yet As It Plummets 30%

Mar 12
Not Many Are Piling Into Otovo ASA (OB:OTOVO) Stock Yet As It Plummets 30%

Some Analysts Just Cut Their Otovo ASA (OB:OTOVO) Estimates

Feb 17
Some Analysts Just Cut Their Otovo ASA (OB:OTOVO) Estimates

Recent updates

Not Many Are Piling Into Otovo ASA (OB:OTOVO) Stock Yet As It Plummets 30%

Mar 12
Not Many Are Piling Into Otovo ASA (OB:OTOVO) Stock Yet As It Plummets 30%

Some Analysts Just Cut Their Otovo ASA (OB:OTOVO) Estimates

Feb 17
Some Analysts Just Cut Their Otovo ASA (OB:OTOVO) Estimates

Otovo ASA (OB:OTOVO) Just Reported, And Analysts Assigned A kr3.90 Price Target

Feb 11
Otovo ASA (OB:OTOVO) Just Reported, And Analysts Assigned A kr3.90 Price Target

Otovo ASA's (OB:OTOVO) Shares Not Telling The Full Story

Jan 19
Otovo ASA's (OB:OTOVO) Shares Not Telling The Full Story

Analysts Just Slashed Their Otovo ASA (OB:OTOVO) EPS Numbers

Nov 02
Analysts Just Slashed Their Otovo ASA (OB:OTOVO) EPS Numbers

Otovo (OB:OTOVO) Is Using Debt Safely

Jun 22
Otovo (OB:OTOVO) Is Using Debt Safely

Need To Know: Analysts Are Much More Bullish On Otovo ASA (OB:OTOVO) Revenues

May 13
Need To Know: Analysts Are Much More Bullish On Otovo ASA (OB:OTOVO) Revenues

News Flash: Analysts Just Made A Captivating Upgrade To Their Otovo ASA (OB:OTOVO) Forecasts

Feb 13
News Flash: Analysts Just Made A Captivating Upgrade To Their Otovo ASA (OB:OTOVO) Forecasts

The Consensus EPS Estimates For Otovo ASA (OB:OTOVO) Just Fell Dramatically

Jan 30
The Consensus EPS Estimates For Otovo ASA (OB:OTOVO) Just Fell Dramatically

Otovo ASA (OB:OTOVO) Just Reported And Analysts Have Been Cutting Their Estimates

Jan 28
Otovo ASA (OB:OTOVO) Just Reported And Analysts Have Been Cutting Their Estimates

Is Otovo (OB:OTOVO) Using Too Much Debt?

Aug 03
Is Otovo (OB:OTOVO) Using Too Much Debt?

Is Now The Time To Put Otovo (OB:OTOVO) On Your Watchlist?

Nov 22
Is Now The Time To Put Otovo (OB:OTOVO) On Your Watchlist?

Shareholder Returns

OTOVONO ElectricalNO Market
7D5.4%1.1%1.3%
1Y-88.4%23.3%5.6%

Return vs Industry: OTOVO underperformed the Norwegian Electrical industry which returned 23.3% over the past year.

Return vs Market: OTOVO underperformed the Norwegian Market which returned 5.6% over the past year.

Price Volatility

Is OTOVO's price volatile compared to industry and market?
OTOVO volatility
OTOVO Average Weekly Movement10.3%
Electrical Industry Average Movement5.4%
Market Average Movement5.4%
10% most volatile stocks in NO Market10.3%
10% least volatile stocks in NO Market2.8%

Stable Share Price: OTOVO's share price has been volatile over the past 3 months.

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
2015390Andreas Thorsheimhttps://www.otovo.no

Otovo ASA, together with its subsidiaries, operates an online marketplace for solar installations in Norway. It operates through Marketplace and Subscription SPV segments. The company develops and manages an online sales platform, which provides subscription for solar panel installations and related products for private households.

Otovo ASA Fundamentals Summary

How do Otovo's earnings and revenue compare to its market cap?
OTOVO fundamental statistics
Market capkr385.20m
Earnings (TTM)-kr384.77m
Revenue (TTM)kr1.01b

0.4x

P/S Ratio

-1.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OTOVO income statement (TTM)
Revenuekr1.01b
Cost of Revenuekr809.65m
Gross Profitkr200.90m
Other Expenseskr585.67m
Earnings-kr384.77m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)-1.37
Gross Margin19.88%
Net Profit Margin-38.08%
Debt/Equity Ratio27.2%

How did OTOVO perform over the long term?

See historical performance and comparison
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