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AKER

AkerOB:AKER Stock Report

Market Cap

kr49.8b

7D

0.8%

1Y

66.5%

Updated

24 Sep, 2021

Data

Company Financials +
AKER fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends2/6

AKER Overview

Aker ASA operates as an industrial investment company primarily in Norway, the European Union, North America, South America, Asia, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Aker
Historical stock prices
Current Share Pricekr671.00
52 Week Highkr354.20
52 Week Lowkr753.00
Beta1.9
1 Month Change5.17%
3 Month Change1.44%
1 Year Change66.50%
3 Year Change-8.58%
5 Year Change144.00%
Change since IPO965.08%

Recent News & Updates

Shareholder Returns

AKERNO Diversified FinancialNO Market
7D0.8%-0.6%1.2%
1Y66.5%35.1%26.4%

Return vs Industry: AKER exceeded the Norwegian Diversified Financial industry which returned 37.1% over the past year.

Return vs Market: AKER exceeded the Norwegian Market which returned 25.9% over the past year.

Price Volatility

Is AKER's price volatile compared to industry and market?
AKER volatility
AKER Beta1.9
Industry Beta0.97
Market Beta1

Stable Share Price: AKER is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AKER's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18411,605Oyvind Eriksenhttps://www.akerasa.com

Aker ASA operates as an industrial investment company primarily in Norway, the European Union, North America, South America, Asia, and internationally. It operates through two segments, Industrial Holdings and Financial Investments. The company engages in the exploration and production of oil and gas; provision of products, systems, and services for oil and gas industry; ownership, operation, and chartering a fleet of 68 vessels on long-term contracts, within various shipping segments, including chemical tankers, dry bulk vessels, container vessels, crude tankers, vessels for car transportation, gas carriers, and oil-service vessels; and harvesting, producing, and sale of krill products for nutraceutical, aquaculture, and animal feed applications.

Aker Fundamentals Summary

How do Aker's earnings and revenue compare to its market cap?
AKER fundamental statistics
Market Capkr49.85b
Earnings (TTM)kr1.33b
Revenue (TTM)kr6.20b

37.4x

P/E Ratio

8.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AKER income statement (TTM)
Revenuekr6.20b
Cost of Revenuekr2.99b
Gross Profitkr3.21b
Expenseskr1.88b
Earningskr1.33b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 05, 2021

Earnings per share (EPS)17.93
Gross Margin51.72%
Net Profit Margin21.48%
Debt/Equity Ratio131.0%

How did AKER perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

66%

Payout Ratio

Valuation

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

37.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AKER's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AKER's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AKER is poor value based on its PE Ratio (37.4x) compared to the European Diversified Financial industry average (12.2x).

PE vs Market: AKER is poor value based on its PE Ratio (37.4x) compared to the Norwegian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: AKER's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: AKER is overvalued based on its PB Ratio (2.8x) compared to the XE Diversified Financial industry average (1.3x).


Future Growth

How is Aker forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-23.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKER's earnings are forecast to decline over the next 3 years (-23.9% per year).

Earnings vs Market: AKER's earnings are forecast to decline over the next 3 years (-23.9% per year).

High Growth Earnings: AKER's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AKER is forecast to have no revenue next year.

High Growth Revenue: AKER is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AKER's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Aker performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AKER has a large one-off loss of NOK1.6B impacting its June 30 2021 financial results.

Growing Profit Margin: AKER became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AKER has become profitable over the past 5 years, growing earnings by 5.8% per year.

Accelerating Growth: AKER has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AKER has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (20.8%).


Return on Equity

High ROE: AKER's Return on Equity (-1.9%) is considered low.


Financial Health

How is Aker's financial position?


Financial Position Analysis

Short Term Liabilities: AKER's short term assets (NOK22.0B) exceed its short term liabilities (NOK12.6B).

Long Term Liabilities: AKER's short term assets (NOK22.0B) do not cover its long term liabilities (NOK41.4B).


Debt to Equity History and Analysis

Debt Level: AKER's debt to equity ratio (131%) is considered high.

Reducing Debt: AKER's debt to equity ratio has increased from 107.6% to 131% over the past 5 years.

Debt Coverage: AKER's debt is not well covered by operating cash flow (13%).

Interest Coverage: Insufficient data to determine if AKER's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

1.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AKER's dividend (1.75%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (1.86%).

High Dividend: AKER's dividend (1.75%) is low compared to the top 25% of dividend payers in the Norwegian market (5.14%).


Stability and Growth of Payments

Stable Dividend: AKER's dividend payments have been volatile in the past 10 years.

Growing Dividend: AKER's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.5%), AKER's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: AKER's dividends in 3 years are not forecast to be well covered by earnings (90.5% payout ratio).


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Oyvind Eriksen (57 yo)

no data

Tenure

kr11,187,821

Compensation

Mr. Oyvind Eriksen is Chairman of the Board at Aker Horizons AS. Mr. Eriksen serves as Deputy Chairman of the Board at Aker Solutions ASA since 2020 and was its Independent Director until 2020 and Independ...


CEO Compensation Analysis

Compensation vs Market: Oyvind's total compensation ($USD1.30M) is about average for companies of similar size in the Norwegian market ($USD1.18M).

Compensation vs Earnings: Oyvind's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AKER's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: AKER's board of directors are considered experienced (8.4 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Aker ASA
  • Ticker: AKER
  • Exchange: OB
  • Founded: 1841
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Market Cap: kr49.847b
  • Shares outstanding: 74.29m
  • Website: https://www.akerasa.com

Number of Employees


Location

  • Aker ASA
  • OksenOeyveien 10
  • Lysaker
  • Akershus
  • 1366
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 22:57
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.