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AGAS logo

Avance Gas Holding OB:AGAS Stock Report

Last Price

NOK 73.70

Market Cap

NOK 5.6b

7D

-4.9%

1Y

-52.6%

Updated

22 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Avance Gas Holding Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Avance Gas Holding
Historical stock prices
Current Share PriceNOK 73.70
52 Week HighNOK 208.50
52 Week LowNOK 72.00
Beta0.78
1 Month Change-30.47%
3 Month Change-29.27%
1 Year Change-52.64%
3 Year Change110.57%
5 Year Change48.29%
Change since IPO-18.11%

Recent News & Updates

Recent updates

Avance Gas Holding (OB:AGAS) Is Posting Healthy Earnings, But It Is Not All Good News

Sep 04
Avance Gas Holding (OB:AGAS) Is Posting Healthy Earnings, But It Is Not All Good News

The Market Doesn't Like What It Sees From Avance Gas Holding Ltd's (OB:AGAS) Earnings Yet

Aug 02
The Market Doesn't Like What It Sees From Avance Gas Holding Ltd's (OB:AGAS) Earnings Yet

Calculating The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)

Jul 12
Calculating The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)

Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly

Jun 12
Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly

There's Been No Shortage Of Growth Recently For Avance Gas Holding's (OB:AGAS) Returns On Capital

May 22
There's Been No Shortage Of Growth Recently For Avance Gas Holding's (OB:AGAS) Returns On Capital

Avance Gas Holding Ltd (OB:AGAS) Shares Fly 26% But Investors Aren't Buying For Growth

Apr 25
Avance Gas Holding Ltd (OB:AGAS) Shares Fly 26% But Investors Aren't Buying For Growth

A Look At The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)

Mar 14
A Look At The Fair Value Of Avance Gas Holding Ltd (OB:AGAS)

Avance Gas Holding's (OB:AGAS) Solid Profits Have Weak Fundamentals

Feb 22
Avance Gas Holding's (OB:AGAS) Solid Profits Have Weak Fundamentals

What You Need To Know About The Avance Gas Holding Ltd (OB:AGAS) Analyst Downgrade Today

Feb 17
What You Need To Know About The Avance Gas Holding Ltd (OB:AGAS) Analyst Downgrade Today

Avance Gas Holding Ltd's (OB:AGAS) Share Price Is Matching Sentiment Around Its Earnings

Feb 01
Avance Gas Holding Ltd's (OB:AGAS) Share Price Is Matching Sentiment Around Its Earnings

The Return Trends At Avance Gas Holding (OB:AGAS) Look Promising

Jan 04
The Return Trends At Avance Gas Holding (OB:AGAS) Look Promising

Brokers Are Upgrading Their Views On Avance Gas Holding Ltd (OB:AGAS) With These New Forecasts

Dec 01
Brokers Are Upgrading Their Views On Avance Gas Holding Ltd (OB:AGAS) With These New Forecasts

Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly

Oct 11
Here's Why Avance Gas Holding (OB:AGAS) Can Manage Its Debt Responsibly

Returns On Capital Are Showing Encouraging Signs At Avance Gas Holding (OB:AGAS)

Sep 14
Returns On Capital Are Showing Encouraging Signs At Avance Gas Holding (OB:AGAS)

Shareholder Returns

AGASNO Oil and GasNO Market
7D-4.9%-1.8%-2.8%
1Y-52.6%-20.7%-0.8%

Return vs Industry: AGAS underperformed the Norwegian Oil and Gas industry which returned -20.7% over the past year.

Return vs Market: AGAS underperformed the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is AGAS's price volatile compared to industry and market?
AGAS volatility
AGAS Average Weekly Movement11.7%
Oil and Gas Industry Average Movement4.9%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: AGAS's share price has been volatile over the past 3 months compared to the Norwegian market.

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

About the Company

FoundedEmployeesCEOWebsite
2007n/aOystein Kalleklevwww.avancegas.com

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings.

Avance Gas Holding Ltd Fundamentals Summary

How do Avance Gas Holding's earnings and revenue compare to its market cap?
AGAS fundamental statistics
Market capNOK 5.64b
Earnings (TTM)NOK 3.34b
Revenue (TTM)NOK 4.05b

1.7x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AGAS income statement (TTM)
RevenueUS$357.63m
Cost of RevenueUS$118.79m
Gross ProfitUS$238.84m
Other Expenses-US$55.57m
EarningsUS$294.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 28, 2025

Earnings per share (EPS)3.84
Gross Margin66.79%
Net Profit Margin82.32%
Debt/Equity Ratio68.8%

How did AGAS perform over the long term?

See historical performance and comparison

Dividends

102.4%

Current Dividend Yield

173%

Payout Ratio

Does AGAS pay a reliable dividends?

See AGAS dividend history and benchmarks
When do you need to buy AGAS by to receive an upcoming dividend?
Avance Gas Holding dividend dates
Ex Dividend DateDec 10 2024
Dividend Pay DateDec 23 2024
Days until Ex dividend12 days
Days until Dividend pay date1 day

Does AGAS pay a reliable dividends?

See AGAS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avance Gas Holding Ltd is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Erik StavsethArctic Securities ASA
Gregory LewisBTIG