Akastor Future Growth

Future criteria checks 0/6

Akastor's revenue and earnings are forecast to decline at 35.8% and 81.4% per annum respectively. EPS is expected to grow by 1.7% per annum. Return on equity is forecast to be 2.8% in 3 years.

Key information

-81.4%

Earnings growth rate

1.7%

EPS growth rate

Energy Services earnings growth	29.5%
Revenue growth rate	-35.8%
Future return on equity	2.8%
Analyst coverage	Low
Last updated	11 Sep 2024

Recent future growth updates

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

Feb 19

Recent updates

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

Jul 18

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

May 01

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

Apr 10

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

Dec 12

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

Jul 02

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

May 13

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

Feb 19

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

Apr 08

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

Mar 10

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

Feb 12

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

Jan 17

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

Dec 21

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

Nov 30

Earnings and Revenue Growth Forecasts

OB:AKAST - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	396	162	-15	-4	2
12/31/2025	362	124	-208	-198	2
12/31/2024	607	1,076	1,200	1,409	2
9/30/2024	920	1,340	1,592	1,735	N/A
6/30/2024	883	1,233	1,459	1,584	N/A
3/31/2024	856	244	-386	-318	N/A
12/31/2023	282	-386	-309	-296	N/A
9/30/2023	272	-548	-328	-320	N/A
6/30/2023	277	-366	-160	-149	N/A
3/31/2023	280	-219	-219	-211	N/A
12/31/2022	269	-331	-255	-244	N/A
9/30/2022	438	-122	-225	-178	N/A
6/30/2022	600	-285	-222	-159	N/A
3/31/2022	809	-303	-162	-58	N/A
12/31/2021	953	-221	-232	-96	N/A
9/30/2021	861	-212	239	353	N/A
6/30/2021	824	-176	339	443	N/A
3/31/2021	4,508	-174	365	451	N/A
12/31/2020	819	-534	144	211	N/A
9/30/2020	2,221	-299	147	263	N/A
6/30/2020	3,458	-260	195	319	N/A
3/31/2020	5,715	-205	32	162	N/A
12/31/2019	5,361	154	279	406	N/A
9/30/2019	4,894	-278	-220	-185	N/A
6/30/2019	4,421	-252	-303	-222	N/A
3/31/2019	3,989	-98	75	140	N/A
12/31/2018	3,800	-194	248	315	N/A
9/30/2018	4,295	-460	351	478	N/A
6/30/2018	3,899	-284	N/A	236	N/A
3/31/2018	4,413	-1,035	N/A	-205	N/A
12/31/2017	3,606	-706	N/A	-673	N/A
9/30/2017	4,013	-1,426	N/A	-911	N/A
6/30/2017	3,710	-1,371	N/A	-358	N/A
3/31/2017	4,339	-1,717	N/A	-481	N/A
12/31/2016	4,805	-1,952	N/A	-129	N/A
9/30/2016	3,823	-1,250	N/A	490	N/A
6/30/2016	5,580	-2,378	N/A	108	N/A
3/31/2016	6,414	-2,025	N/A	387	N/A
12/31/2015	9,580	-1,844	N/A	-603	N/A
9/30/2015	14,492	-2,172	N/A	-896	N/A
6/30/2015	16,701	-674	N/A	-1,041	N/A
3/31/2015	20,554	-1,587	N/A	221	N/A
12/31/2014	21,155	-1,398	N/A	488	N/A
9/30/2014	21,124	-879	N/A	3,170	N/A
6/30/2014	20,262	-1,073	N/A	3,875	N/A
3/31/2014	13,073	-471	N/A	4,322	N/A
12/31/2013	18,388	-248	N/A	3,078	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKAST's earnings are forecast to decline over the next 3 years (-81.4% per year).

Earnings vs Market: AKAST's earnings are forecast to decline over the next 3 years (-81.4% per year).

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

Revenue vs Market: AKAST's revenue is expected to decline over the next 3 years (-35.8% per year).

High Growth Revenue: AKAST's revenue is forecast to decline over the next 3 years (-35.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AKAST's Return on Equity is forecast to be low in 3 years time (2.8%).

Akastor Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 16% to kr19.67

Price target increased by 9.1% to kr18.00

Consensus revenue estimates fall by 17%

Consensus revenue estimates increase by 13%

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

Forecast breakeven date pushed back to 2025

Recent updates

Akastor ASA (OB:AKAST) signed an agreement to acquire an additional 25% stake in AKOFS Offshore AS from Mitsui & Co., Ltd. (TSE:8031) for $22.5 million.

Akastor ASA, Annual General Meeting, Apr 24, 2025

Akastor ASA to Report Q1, 2025 Results on Apr 30, 2025

Third quarter 2024 earnings: Revenues exceed analyst expectations

Akastor ASA to Report Q4, 2024 Results on Feb 13, 2025

Akastor ASA Appoints Dan Rabun as Chairman of the Board of Directors

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

Price target increased by 16% to kr19.67

Second quarter 2024 earnings released

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

Price target increased by 9.1% to kr18.00

First quarter 2024 earnings released

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

Full year 2023 earnings released: kr1.42 loss per share (vs kr1.22 loss in FY 2022)

New major risk - Financial position

New major risk - Financial position

Full year 2023 earnings released

New minor risk - Profitability

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

Akastor ASA, Annual General Meeting, Apr 16, 2024

Akastor ASA to Report Q4, 2023 Results on Feb 14, 2024

New minor risk - Profitability

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

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

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

Consensus revenue estimates fall by 17%

First quarter 2023 earnings released

Consensus revenue estimates increase by 13%

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

Forecast breakeven date pushed back to 2025

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

Diamond Key International Pty Limited entered into a share purchase agreement to acquire Aker Cool Sorption A/S from Akastor ASA (OB:AKAST) for DKK 20.4 million.

Director recently sold kr227k worth of stock

No independent directors

Akastor ASA to Report Fiscal Year 2022 Results on Mar 29, 2023

Third quarter 2022 earnings released

Akastor ASA to Report Q4, 2022 Results on Feb 15, 2023

Is Akastor (OB:AKAST) Using Debt Sensibly?

Second quarter 2022 earnings released: EPS: kr0.23 (vs kr0.14 in 2Q 2021)

Is Akastor (OB:AKAST) A Risky Investment?

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to kr13.50

No independent directors

Akastor Asa Elects Frank Reite as Chairperson

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Akastor ASA Announces Executive Changes

Full year 2021 earnings: Revenues exceed analyst expectations

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

Third quarter 2021 earnings released

First quarter 2021 earnings released: kr0.24 loss per share

Director has left the company

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

Full year 2020 earnings released: kr1.72 loss per share (vs kr0.57 profit in FY 2019)

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

Baker Hughes and Akastor ASA Announces Joint Venture Company to Deliver Global Offshore Drilling Solutions

New 90-day high: kr7.65

Full year 2020 earnings released

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

New 90-day low: kr6.55

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

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

Aker Solutions Wins Hook-Up and Commissioning Assistance Contract for Johan Sverdrup

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

New 90-day high: kr7.62

Third quarter earnings released

Akastor ASA to Report Q4, 2020 Results on Feb 11, 2021

New 90-day high: kr7.39

Private Equity Partners SpA, Iniziativa Gestione Investimenti SGR, Alpinvest Holding NV, and Interbanca SpA, along with management, completed the acquisition of the Negri Bossi division of John Brown Plastics Machinery business from Aker Kvaerner ASA (OB:AKVER).

Akastor ASA (OB:AKA) entered into a term sheet to acquire remaining 50% stake in Aker DOF Deepwater AS from DOF ASA (OB:DOF).