Aker ASA operates as an industrial investment company primarily in Norway, the European Union, North America, South America, Asia, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr671.00|
|52 Week High||kr354.20|
|52 Week Low||kr753.00|
|1 Month Change||5.17%|
|3 Month Change||1.44%|
|1 Year Change||66.50%|
|3 Year Change||-8.58%|
|5 Year Change||144.00%|
|Change since IPO||965.08%|
Recent News & Updates
|AKER||NO Diversified Financial||NO Market|
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.
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
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
|AKER fundamental statistics|
Is AKER overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AKER income statement (TTM)|
|Cost of Revenue||kr2.99b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 05, 2021
|Earnings per share (EPS)||17.93|
|Net Profit Margin||21.48%|
How did AKER perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is Aker undervalued compared to its fair value and its price relative to the market?
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).
How is Aker forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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
How has Aker performed over the past 5 years?
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.
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.
What is Aker current dividend yield, its reliability and sustainability?
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).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Oyvind Eriksen (57 yo)
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.
Experienced Management: AKER's management team is considered experienced (2.1 years average tenure).
Experienced Board: AKER's board of directors are considered experienced (8.4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aker ASA's employee growth, exchange listings and data sources
- 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
- Aker ASA
- OksenOeyveien 10
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 22:57|
|End of Day Share Price||2021/09/24 00:00|
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.