company background image
OTOVO logo

Otovo OB:OTOVO Stock Report

Last Price

kr1.67

Market Cap

kr470.8m

7D

-2.5%

1Y

-84.7%

Updated

23 May, 2024

Data

Company Financials +

Otovo ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Otovo
Historical stock prices
Current Share Pricekr1.67
52 Week Highkr12.44
52 Week Lowkr1.17
Beta0.97
1 Month Change31.65%
3 Month Change3.21%
1 Year Change-84.74%
3 Year Change-88.06%
5 Year Change-81.42%
Change since IPO-79.10%

Recent News & Updates

Analyst Forecasts Just Became More Bearish On Otovo ASA (OB:OTOVO)

May 05
Analyst Forecasts Just Became More Bearish On Otovo ASA (OB:OTOVO)

Recent updates

Analyst Forecasts Just Became More Bearish On Otovo ASA (OB:OTOVO)

May 05
Analyst Forecasts Just Became More Bearish On Otovo ASA (OB:OTOVO)

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?

Shareholder Returns

OTOVONO ElectricalNO Market
7D-2.5%1.5%0.3%
1Y-84.7%28.2%7.7%

Return vs Industry: OTOVO underperformed the Norwegian Electrical industry which returned 28.2% over the past year.

Return vs Market: OTOVO underperformed the Norwegian Market which returned 7.7% over the past year.

Price Volatility

Is OTOVO's price volatile compared to industry and market?
OTOVO volatility
OTOVO Average Weekly Movement11.5%
Electrical Industry Average Movement5.4%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market3.1%

Stable Share Price: OTOVO has not had significant price volatility in the past 3 months.

Volatility Over Time: OTOVO's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015387Andreas Thorsheimwww.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 capkr470.81m
Earnings (TTM)-kr417.34m
Revenue (TTM)kr885.31m

0.5x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OTOVO income statement (TTM)
Revenuekr885.31m
Cost of Revenuekr702.78m
Gross Profitkr182.53m
Other Expenseskr599.87m
Earnings-kr417.34m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 20, 2024

Earnings per share (EPS)-1.48
Gross Margin20.62%
Net Profit Margin-47.14%
Debt/Equity Ratio33.9%

How did OTOVO perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.