Saga Pure ASA, an investment company, focusing on opportunities within renewable energy, hydrogen, circular economy, and CO2-reduction.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr2.94|
|52 Week High||kr0.80|
|52 Week Low||kr5.60|
|1 Month Change||2.08%|
|3 Month Change||0.86%|
|1 Year Change||232.20%|
|3 Year Change||101.37%|
|5 Year Change||13.51%|
|Change since IPO||-73.27%|
Recent News & Updates
|SAGA||NO Diversified Financial||NO Market|
Return vs Industry: SAGA exceeded the Norwegian Diversified Financial industry which returned 35.1% over the past year.
Return vs Market: SAGA exceeded the Norwegian Market which returned 26.4% over the past year.
Stable Share Price: SAGA is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SAGA's weekly volatility has decreased from 15% to 4% over the past year.
About the Company
Saga Pure ASA, an investment company, focusing on opportunities within renewable energy, hydrogen, circular economy, and CO2-reduction. It invests in financial assets of long and short term. The company was formerly known as Saga Tankers ASA and changed its name to Saga Pure ASA in November 2020.
Saga Pure Fundamentals Summary
|SAGA fundamental statistics|
Is SAGA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SAGA income statement (TTM)|
|Cost of Revenue||kr0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 10, 2021
|Earnings per share (EPS)||0.75|
|Net Profit Margin||127.97%|
How did SAGA perform over the long term?See historical performance and comparison
13.6%Current Dividend Yield
Is Saga Pure 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 SAGA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SAGA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SAGA is good value based on its PE Ratio (3.9x) compared to the European Diversified Financial industry average (12.2x).
PE vs Market: SAGA is good value based on its PE Ratio (3.9x) compared to the Norwegian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SAGA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SAGA's PB Ratio (1.3x) is in line with the XE Diversified Financial industry average.
How is Saga Pure forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Saga Pure 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.
How has Saga Pure performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAGA has a high level of non-cash earnings.
Growing Profit Margin: SAGA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SAGA's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: SAGA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SAGA 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: SAGA's Return on Equity (33.7%) is considered high.
How is Saga Pure's financial position?
Financial Position Analysis
Short Term Liabilities: SAGA's short term assets (NOK823.1M) exceed its short term liabilities (NOK4.9M).
Long Term Liabilities: SAGA's short term assets (NOK823.1M) exceed its long term liabilities (NOK2.5M).
Debt to Equity History and Analysis
Debt Level: SAGA is debt free.
Reducing Debt: SAGA has no debt compared to 5 years ago when its debt to equity ratio was 6.4%.
Debt Coverage: SAGA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAGA has no debt, therefore coverage of interest payments is not a concern.
What is Saga Pure current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SAGA's dividend (13.61%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.84%).
High Dividend: SAGA's dividend (13.61%) is in the top 25% of dividend payers in the Norwegian market (5.16%)
Stability and Growth of Payments
Stable Dividend: SAGA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SAGA's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.7%), SAGA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Bjorn Simonsen serves as Board observer at Horisont Energi AS since February 19, 2021. He was Vice President of Investor Relations and Corporate Communication at NEL ASA until 2020 and served as its Vi...
CEO Compensation Analysis
Compensation vs Market: Bjorn's total compensation ($USD278.00K) is below average for companies of similar size in the Norwegian market ($USD515.68K).
Compensation vs Earnings: Insufficient data to compare Bjorn's compensation with company performance.
Experienced Management: SAGA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: SAGA's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SAGA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 79.9%.
Saga Pure ASA's employee growth, exchange listings and data sources
- Name: Saga Pure ASA
- Ticker: SAGA
- Exchange: OB
- Founded: 2010
- Industry: Multi-Sector Holdings
- Sector: Diversified Financials
- Market Cap: kr1.408b
- Shares outstanding: 478.88m
- Website: https://www.saga-pure.com
Number of Employees
- Saga Pure ASA
- Sjølyst Plass 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 16:20|
|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.