Otovo ASA

OB:OTOVO Stock Report

Market Cap: NOK 289.1m

Otovo Valuation

Is OTOVO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OTOVO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OTOVO?

Key metric: As OTOVO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for OTOVO. This is calculated by dividing OTOVO's market cap by their current revenue.
What is OTOVO's PS Ratio?
PS Ratio0.4x
SalesNOK 642.59m
Market CapNOK 289.10m

Price to Sales Ratio vs Peers

How does OTOVO's PS Ratio compare to its peers?

The above table shows the PS ratio for OTOVO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.6x
ZAP Zaptec
0.6x14.7%NOK 822.3m
ETMA Etman International
0.05xn/aNOK 35.2m
GOD Goodtech
0.3x3.6%NOK 253.4m
HYPRO HydrogenPro
1.2x96.3%NOK 307.1m
OTOVO Otovo
0.4x37.0%NOK 289.1m

Price-To-Sales vs Peers: OTOVO is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.6x).

Price to Sales Ratio vs Industry

How does OTOVO's PS Ratio compare vs other companies in the European Electrical Industry?

18 CompaniesPrice / SalesEstimated GrowthMarket Cap
OTOVO 0.4xIndustry Avg. 1.0xNo. of Companies27PS012345+
18 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: OTOVO is good value based on its Price-To-Sales Ratio (0.4x) compared to the European Electrical industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is OTOVO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OTOVO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ratio0.9x

Price-To-Sales vs Fair Ratio: OTOVO is good value based on its Price-To-Sales Ratio (0.4x) compared to the estimated Fair Price-To-Sales Ratio (0.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OTOVO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 1.03
NOK 2.20
+114.0%
50.0%NOK 3.30NOK 1.10n/a2
Nov ’25NOK 1.13
NOK 1.97
+73.4%
48.7%NOK 3.30NOK 1.10n/a3
Oct ’25NOK 1.14
NOK 2.00
+76.1%
46.4%NOK 3.30NOK 1.20n/a3
Sep ’25NOK 1.10
NOK 2.00
+81.5%
46.4%NOK 3.30NOK 1.20n/a3
Aug ’25NOK 1.42
NOK 2.10
+47.5%
40.4%NOK 3.30NOK 1.50n/a3
Jul ’25NOK 1.80
NOK 2.10
+16.5%
40.4%NOK 3.30NOK 1.50n/a3
Jun ’25NOK 1.60
NOK 2.43
+52.1%
30.3%NOK 3.30NOK 1.50n/a3
May ’25NOK 1.47
NOK 2.48
+68.6%
25.9%NOK 3.30NOK 1.50n/a4
Apr ’25NOK 1.37
NOK 3.03
+120.8%
16.4%NOK 3.70NOK 2.50n/a4
Mar ’25NOK 1.70
NOK 3.03
+77.9%
16.4%NOK 3.70NOK 2.50n/a4
Feb ’25NOK 2.61
NOK 5.77
+120.9%
33.4%NOK 8.00NOK 3.30n/a3
Jan ’25NOK 3.38
NOK 5.77
+70.9%
33.4%NOK 8.00NOK 3.30n/a3
Dec ’24NOK 3.40
NOK 5.77
+69.6%
33.4%NOK 8.00NOK 3.30n/a3
Nov ’24NOK 3.34
NOK 10.58
+216.6%
49.3%NOK 16.00NOK 3.30NOK 1.134
Oct ’24NOK 6.70
NOK 16.75
+150.0%
11.5%NOK 20.00NOK 15.00NOK 1.144
Sep ’24NOK 8.35
NOK 16.75
+100.6%
11.5%NOK 20.00NOK 15.00NOK 1.104
Aug ’24NOK 10.76
NOK 16.75
+55.7%
11.5%NOK 20.00NOK 15.00NOK 1.424
Jul ’24NOK 12.10
NOK 18.50
+52.9%
11.1%NOK 21.00NOK 16.00NOK 1.804
Jun ’24NOK 10.32
NOK 19.33
+87.3%
8.8%NOK 21.00NOK 17.00NOK 1.603
May ’24NOK 10.98
NOK 21.00
+91.3%
3.9%NOK 22.00NOK 20.00NOK 1.473
Apr ’24NOK 12.30
NOK 21.00
+70.7%
3.9%NOK 22.00NOK 20.00NOK 1.373
Mar ’24NOK 14.70
NOK 22.33
+51.9%
11.8%NOK 26.00NOK 20.00NOK 1.703
Feb ’24NOK 18.70
NOK 29.00
+55.1%
3.4%NOK 30.00NOK 28.00NOK 2.612
Jan ’24NOK 20.15
NOK 35.50
+76.2%
21.1%NOK 43.00NOK 28.00NOK 3.382

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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