Akastor ASA

OB:AKAST Stock Report

Market Cap: NOK 3.5b

Akastor Valuation

Is AKAST undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AKAST when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate AKAST's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AKAST's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AKAST?

Key metric: As AKAST is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AKAST. This is calculated by dividing AKAST's market cap by their current earnings.
What is AKAST's PE Ratio?
PE Ratio2.6x
EarningsNOK 1.34b
Market CapNOK 3.54b

Price to Earnings Ratio vs Peers

How does AKAST's PE Ratio compare to its peers?

The above table shows the PE ratio for AKAST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.8x
BWO BW Offshore
3.9x-36.1%NOK 5.1b
SEA1 Sea1 Offshore
1.5x-37.3%NOK 4.6b
SDSD S.D. Standard ETC
20.3xn/aNOK 896.9m
BBERG Beerenberg
9.3x18.8%NOK 1.0b
AKAST Akastor
2.6x-81.4%NOK 3.5b

Price-To-Earnings vs Peers: AKAST is good value based on its Price-To-Earnings Ratio (2.6x) compared to the peer average (8.8x).

Price to Earnings Ratio vs Industry

How does AKAST's PE Ratio compare vs other companies in the NO Energy Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SEA1 Sea1 Offshore
1.5x-37.3%US$412.06m
AWDR Awilco Drilling
0.2xn/aUS$31.04m
DWELLOP Dwellop
1xn/aUS$1.28m
No more companies available in this PE range
AKAST 2.6xIndustry Avg. 9.3xNo. of Companies5PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AKAST is good value based on its Price-To-Earnings Ratio (2.6x) compared to the Norwegian Energy Services industry average (9.3x).

Price to Earnings Ratio vs Fair Ratio

What is AKAST's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AKAST PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.6x
Fair PE Ratio1.9x

Price-To-Earnings vs Fair Ratio: AKAST is expensive based on its Price-To-Earnings Ratio (2.6x) compared to the estimated Fair Price-To-Earnings Ratio (1.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AKAST forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 12.92
NOK 20.00
+54.8%
10.0%NOK 22.00NOK 18.00n/a2
Nov ’25NOK 13.22
NOK 20.00
+51.3%
10.0%NOK 22.00NOK 18.00n/a2
Oct ’25NOK 13.10
NOK 20.00
+52.7%
10.0%NOK 22.00NOK 18.00n/a2
Sep ’25NOK 14.40
NOK 19.67
+36.6%
8.6%NOK 22.00NOK 18.00n/a3
Aug ’25NOK 16.68
NOK 19.67
+17.9%
8.6%NOK 22.00NOK 18.00n/a3
Jul ’25NOK 15.90
NOK 18.00
+13.2%
4.5%NOK 19.00NOK 17.00n/a3
Jun ’25NOK 14.16
NOK 18.00
+27.1%
4.5%NOK 19.00NOK 17.00n/a3
May ’25NOK 13.78
NOK 18.00
+30.6%
4.5%NOK 19.00NOK 17.00n/a3
Feb ’25NOK 10.90
NOK 16.50
+51.4%
3.0%NOK 17.00NOK 16.00n/a2
Jan ’25NOK 11.66
NOK 16.50
+41.5%
3.0%NOK 17.00NOK 16.00n/a2
Jul ’24NOK 11.06
NOK 14.50
+31.1%
10.3%NOK 16.00NOK 13.00NOK 15.902
Jun ’24NOK 10.08
NOK 14.50
+43.8%
10.3%NOK 16.00NOK 13.00NOK 14.162
May ’24NOK 10.56
NOK 14.50
+37.3%
10.3%NOK 16.00NOK 13.00NOK 13.782
Apr ’24NOK 11.42
NOK 14.50
+27.0%
10.3%NOK 16.00NOK 13.00NOK 10.942
Mar ’24NOK 12.20
NOK 14.50
+18.9%
10.3%NOK 16.00NOK 13.00NOK 11.222

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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