Aker Horizons (OB:AKH) - Share price, News & Analysis

AKH fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

AKH Stock Overview

Aker Horizons AS, through its subsidiaries, owns a portfolio of companies in the renewable energy and green tech space comprising private and public companies worldwide.

Risk Analysis

Has not reported any financial data

Shareholders have been diluted in the past year

Aker Horizons Competitors

Aker Carbon Capture

OB:ACC

kr13.9b

Tomra Systems

OB:TOM

kr64.3b

VOW

OB:VOW

kr2.7b

Pyrum Innovations

OB:PYRUM

kr2.3b

Price History & Performance

Summary of all time highs, changes and price drops for Aker Horizons
Historical stock prices
Current Share Price	kr19.00
52 Week High	kr38.50
52 Week Low	kr13.60
Beta	0
1 Month Change	17.72%
3 Month Change	6.00%
1 Year Change	-23.33%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-54.76%

Shareholder Returns

	AKH	NO Commercial Services	NO Market
7D	7.0%	-0.4%	-1.1%
1Y	-23.3%	-16.0%	9.2%

Return vs Industry: AKH underperformed the Norwegian Commercial Services industry which returned -16% over the past year.

Return vs Market: AKH underperformed the Norwegian Market which returned 9.2% over the past year.

Price Volatility

Is AKH's price volatile compared to industry and market?
AKH volatility
AKH Average Weekly Movement	8.6%
Commercial Services Industry Average Movement	7.0%
Market Average Movement	6.8%
10% most volatile stocks in NO Market	12.6%
10% least volatile stocks in NO Market	3.8%

Stable Share Price: AKH is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: AKH's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	Kristian Rokke	https://www.akerhorizons.com

Aker Horizons AS, through its subsidiaries, owns a portfolio of companies in the renewable energy and green tech space comprising private and public companies worldwide. The company develops offshore wind power projects. It also provides products, technology, and solutions within the field of carbon capture, utilization, and storage.

Aker Horizons Fundamentals Summary

How do Aker Horizons's earnings and revenue compare to its market cap?
AKH fundamental statistics
Market Cap	kr13.12b
Earnings (TTM)	kr0
Revenue (TTM)	n/a

n/a

P/E Ratio

n/a

P/S Ratio

Is AKH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AKH income statement (TTM)
Revenue	kr0
Cost of Revenue	kr0
Gross Profit	kr0
Other Expenses	kr0
Earnings	kr0

Last Reported Earnings

n/a

Next Earnings Date

Nov 02, 2022

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did AKH perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for AKH. This is calculated by dividing AKH's market cap by their current preferred multiple.
What is AKH's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	kr13.12b

AKH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does AKH's PB Ratio compare to its peers?

AKH PB Ratio vs Peers

The above table shows the PB ratio for AKH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PB	Estimated Growth	Market Cap
Peer Average	9x
ACC Aker Carbon Capture	14.4x	68.9%	kr13.9b
TOM Tomra Systems	10.9x	21.6%	kr64.3b
VOW VOW	5x	48.8%	kr2.7b
PYRUM Pyrum Innovations	5.7x	85.1%	kr2.3b
AKH Aker Horizons	n/a	n/a	kr13.1b

Price-To-Book vs Peers: Insufficient data to calculate AKH's Price-To-Book Ratio vs. peers for valuation analysis.

Price to Earnings Ratio vs Industry

How does AKH's PE Ratio compare vs other companies in the European Commercial Services Industry?

Price-To-Book vs Industry: Insufficient data to calculate AKH's Price-To-Book Ratio vs. industry for valuation analysis.

Price to Book Ratio vs Fair Ratio

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

AKH PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	n/a
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate AKH's Price-To-Book Fair Ratio for valuation analysis.

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate AKH's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AKH's fair value for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Take a look at our analysis of AKH's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Aker Horizons regulatory filings.

Future Growth

How is Aker Horizons 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

32.5%

Forecasted Commercial Services 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 Aker Horizons 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.

Discover growth companies

Take a look at our analysis of AKH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
Aker Horizons competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Aker Horizons 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

14.1%

Historical Commercial Services annual earnings growth

In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Aker Horizons has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Discover strong past performing companies

When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Aker Horizons's management and board experience and expertise to assess their ability to deliver on their strategic promises.

Financial Health

How is Aker Horizons's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

In this section we usually analyse Aker Horizons's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Aker Horizons has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Discover healthy companies

Take a look at our analysis of AKH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. Aker Horizons's cash and debt levels may be found in its annual reports archived here.
Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Aker Horizons's financial data was last updated here.

Dividend

What is Aker Horizons's 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
Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AKH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AKH'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 AKH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AKH'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 AKH has not reported any payouts.

Discover strong dividend paying companies

Management

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

0.2yrs

Average management tenure

CEO

Kristian Rokke (39 yo)

no data

Tenure

Mr. Kristian Monsen Rokke serves as Chairman of the Board at Mainstream Renewable Power Limited since May 27, 2021. He served as Chairman of the Board at REC Silicon ASA since December 2021 until May 2022....

Leadership Team

Experienced Management: AKH's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.

Board Members

Experienced Board: AKH's board of directors are not considered experienced ( 1.3 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.9%.

Data	Last Updated (UTC time)
Company Analysis	2022/08/07 00:00
End of Day Share Price	2022/08/05 00:00
Earnings	N/A
Annual Earnings	N/A