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AKAST logo

Akastor OB:AKAST Stock Report

Last Price

NOK 12.68

Market Cap

NOK 3.5b

7D

-1.9%

1Y

6.9%

Updated

20 Dec, 2024

Data

Company Financials +

AKAST Stock Overview

Operates as an oilfield services investment company in Norway and internationally. More details

AKAST fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Akastor ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Akastor
Historical stock prices
Current Share PriceNOK 12.68
52 Week HighNOK 17.00
52 Week LowNOK 10.60
Beta0.80
1 Month Change-0.47%
3 Month Change-8.25%
1 Year Change6.91%
3 Year Change141.06%
5 Year Change36.93%
Change since IPO-49.88%

Recent News & Updates

Recent updates

Akastor (OB:AKAST) Is Posting Healthy Earnings, But It Is Not All Good News

Jul 18
Akastor (OB:AKAST) Is Posting Healthy Earnings, But It Is Not All Good News

Akastor ASA's (OB:AKAST) Shares Climb 26% But Its Business Is Yet to Catch Up

May 01
Akastor ASA's (OB:AKAST) Shares Climb 26% But Its Business Is Yet to Catch Up

We Think Some Shareholders May Hesitate To Increase Akastor ASA's (OB:AKAST) CEO Compensation

Apr 10
We Think Some Shareholders May Hesitate To Increase Akastor ASA's (OB:AKAST) CEO Compensation

Akastor's (OB:AKAST) Returns On Capital Are Heading Higher

Dec 12
Akastor's (OB:AKAST) Returns On Capital Are Heading Higher

Akastor (OB:AKAST) Has A Somewhat Strained Balance Sheet

Jul 02
Akastor (OB:AKAST) Has A Somewhat Strained Balance Sheet

News Flash: One Akastor ASA (OB:AKAST) Analyst Has Been Trimming Their Revenue Forecasts

May 13
News Flash: One Akastor ASA (OB:AKAST) Analyst Has Been Trimming Their Revenue Forecasts

Akastor ASA (OB:AKAST) Just Reported Yearly Earnings And Analysts Are Lifting Their Estimates

Feb 19
Akastor ASA (OB:AKAST) Just Reported Yearly Earnings And Analysts Are Lifting Their Estimates

Is Akastor (OB:AKAST) Using Too Much Debt?

Jan 14
Is Akastor (OB:AKAST) Using Too Much Debt?

Is Akastor (OB:AKAST) Using Debt Sensibly?

Sep 15
Is Akastor (OB:AKAST) Using Debt Sensibly?

Is Akastor (OB:AKAST) A Risky Investment?

Jun 04
Is Akastor (OB:AKAST) A Risky Investment?

Akastor (OB:AKAST) Has Debt But No Earnings; Should You Worry?

Jan 17
Akastor (OB:AKAST) Has Debt But No Earnings; Should You Worry?

It's Unlikely That The CEO Of Akastor ASA (OB:AKAST) Will See A Huge Pay Rise This Year

Apr 08
It's Unlikely That The CEO Of Akastor ASA (OB:AKAST) Will See A Huge Pay Rise This Year

Akastor's (OB:AKAST) Shareholders Are Down 56% On Their Shares

Mar 10
Akastor's (OB:AKAST) Shareholders Are Down 56% On Their Shares

Here's Why Akastor (OB:AKAST) Can Manage Its Debt Responsibly

Feb 12
Here's Why Akastor (OB:AKAST) Can Manage Its Debt Responsibly

Have Insiders Been Buying Akastor ASA (OB:AKAST) Shares?

Jan 17
Have Insiders Been Buying Akastor ASA (OB:AKAST) Shares?

What Type Of Shareholders Make Up Akastor ASA's (OB:AKAST) Share Registry?

Dec 21
What Type Of Shareholders Make Up Akastor ASA's (OB:AKAST) Share Registry?

A Look At Akastor's (OB:AKA) Share Price Returns

Nov 30
A Look At Akastor's (OB:AKA) Share Price Returns

Shareholder Returns

AKASTNO Energy ServicesNO Market
7D-1.9%-0.9%-2.6%
1Y6.9%-4.5%-0.2%

Return vs Industry: AKAST exceeded the Norwegian Energy Services industry which returned -4.5% over the past year.

Return vs Market: AKAST exceeded the Norwegian Market which returned -0.2% over the past year.

Price Volatility

Is AKAST's price volatile compared to industry and market?
AKAST volatility
AKAST Average Weekly Movement4.2%
Energy Services Industry Average Movement5.3%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: AKAST has not had significant price volatility in the past 3 months compared to the Norwegian market.

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

About the Company

FoundedEmployeesCEOWebsite
184111Karl Kjelstadakastor.com

Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides anchor handling, towing, and supply services to offshore oil and gas fields.

Akastor ASA Fundamentals Summary

How do Akastor's earnings and revenue compare to its market cap?
AKAST fundamental statistics
Market capNOK 3.46b
Earnings (TTM)NOK 1.34b
Revenue (TTM)NOK 920.00m

2.6x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKAST income statement (TTM)
RevenueNOK 920.00m
Cost of RevenueNOK 150.00m
Gross ProfitNOK 770.00m
Other Expenses-NOK 570.00m
EarningsNOK 1.34b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)4.89
Gross Margin83.70%
Net Profit Margin145.65%
Debt/Equity Ratio6.5%

How did AKAST perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:09
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

Akastor ASA is covered by 32 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maarten BakkerABN AMRO Bank N.V.
Thijs BerkelderABN AMRO Bank N.V.
Kjetil GarstadArctic Securities ASA