Aker Solutions ASA provides products, systems, and services to the oil and gas industry worldwide.
Fair value with moderate growth potential.
Share Price & News
How has Aker Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AKSO's share price has been volatile over the past 3 months.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: AKSO underperformed the Norwegian Energy Services industry which returned -67.7% over the past year.
Return vs Market: AKSO underperformed the Norwegian Market which returned -24.3% over the past year.
Price Volatility Vs. Market
How volatile is Aker Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StEarnings Miss: Aker Solutions ASA Missed EPS By 83% And Analysts Are Revising Their Forecasts
2 weeks ago | Simply Wall StDon’t Buy Aker Solutions ASA (OB:AKSO) Until You Understand Its ROCE
1 month ago | Simply Wall StHere's Why Aker Solutions (OB:AKSO) Is Weighed Down By Its Debt Load
Is Aker Solutions undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AKSO (NOK5.97) is trading below our estimate of fair value (NOK24.24)
Significantly Below Fair Value: AKSO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AKSO is poor value based on its PE Ratio (39.5x) compared to the Energy Services industry average (6.8x).
PE vs Market: AKSO is poor value based on its PE Ratio (39.5x) compared to the Norwegian market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: AKSO is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: AKSO is good value based on its PB Ratio (0.2x) compared to the NO Energy Services industry average (0.2x).
How is Aker Solutions forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AKSO's forecast earnings growth (30.4% per year) is above the savings rate (0.7%).
Earnings vs Market: AKSO's earnings (30.4% per year) are forecast to grow faster than the Norwegian market (19.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AKSO's revenue is expected to decline over the next 3 years (-3.7% per year).
High Growth Revenue: AKSO's revenue is forecast to decline over the next 3 years (-3.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AKSO's Return on Equity is forecast to be low in 3 years time (0.1%).
How has Aker Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AKSO has a large one-off loss of NOK374.0M impacting its December 31 2019 financial results.
Growing Profit Margin: AKSO's current net profit margins (0.1%) are lower than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: AKSO's earnings have declined by -31.4% per year over the past 5 years.
Accelerating Growth: AKSO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AKSO had negative earnings growth (-92%) over the past year, making it difficult to compare to the Energy Services industry average (-28.5%).
Return on Equity
High ROE: AKSO's Return on Equity (1.1%) is considered low.
How is Aker Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: AKSO's short term assets (NOK12.3B) exceed its short term liabilities (NOK10.2B).
Long Term Liabilities: AKSO's short term assets (NOK12.3B) exceed its long term liabilities (NOK9.1B).
Debt to Equity History and Analysis
Debt Level: AKSO's debt to equity ratio (48.4%) is considered high.
Reducing Debt: AKSO's debt to equity ratio has reduced from 66.5% to 48.4% over the past 5 years.
Debt Coverage: AKSO's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: AKSO's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Inventory Level: AKSO has a high level of physical assets or inventory.
Debt Coverage by Assets: AKSO's debt is covered by short term assets (assets are 3.5x debt).
What is Aker Solutions's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AKSO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AKSO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AKSO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AKSO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AKSO is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AKSO's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Luis Gomes Araujo (60yo)
Mr. Luis Antonio Gomes Araujo has been the Chief Executive Officer of Aker Solutions ASA since July 1, 2014. Mr. Gomes Araujo has been Chief Executive Officer of Aker Solutions since July 1, 2014. He is an ...
CEO Compensation Analysis
Compensation vs Market: Luis's total compensation ($USD1.43M) is above average for companies of similar size in the Norwegian market ($USD470.23K).
Compensation vs Earnings: Luis's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chief Executive Officer||5.75yrs||kr14.92m||0.038% NOK681.4k|
|COO & Executive VP of Subsea Lifecycle Services||3.58yrs||kr7.49m||no data|
|Executive Vice President of Strategy||3.42yrs||kr6.69m||0.012% NOK208.4k|
|Executive Vice President of Customer Management||9.17yrs||kr5.36m||0.0019% NOK33.8k|
|Executive Vice President of Greenfield Projects||3.42yrs||kr5.52m||0.0015% NOK27.3k|
|Executive Vice President of Front End||2.42yrs||kr4.09m||0.00059% NOK10.4k|
|Executive Vice President of Brownfield Projects||1.5yrs||kr2.62m||0.014% NOK251.0k|
|Chief Financial Officer||0.67yr||no data||0.0079% NOK140.6k|
|Chief Technology Officer||no data||no data||no data|
|Senior Manager of Investor Relations||no data||no data||no data|
Experienced Management: AKSO's management team is considered experienced (3.4 years average tenure).
|Independent Director||15.5yrs||kr295.00k||0.011% NOK196.9k|
|Independent Director||6.25yrs||kr400.00k||no data|
|Chairman||no data||kr610.00k||no data|
|Independent Director||9.08yrs||kr175.00k||0.0083% NOK147.3k|
|Deputy Board Member||no data||no data||no data|
|Deputy Board Member||no data||no data||no data|
|Director||1yr||no data||0.0015% NOK25.8k|
Experienced Board: AKSO's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AKSO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aker Solutions ASA's company bio, employee growth, exchange listings and data sources
- Name: Aker Solutions ASA
- Ticker: AKSO
- Exchange: OB
- Founded: 1841
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr1.770b
- Shares outstanding: 271.94m
- Website: https://akersolutions.com
Number of Employees
- Aker Solutions ASA
- Oksenøyveien 8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AKSO||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Sep 2014|
|1AKA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 2014|
|0QXP||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Sep 2014|
|AKRT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Sep 2014|
|AKSOo||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Sep 2014|
|1AKA||BRSE (Berne Stock Exchange)||Yes||Ordinary Shares||CH||CHF||Sep 2014|
Aker Solutions ASA provides products, systems, and services to the oil and gas industry worldwide. The company operates through Projects and Services segments. It offers field planning, feasibility, and concept studies; floater designs; offshore wind farm planning, installation, commissioning, operations, and maintenance services; and riser solutions for water depth and environmental conditions. The company also provides engineering, project management, and procurement services, such as design of offshore oil and gas production facilities, and onshore receiving and processing facilities; jacket designs; subsea production systems; subsea trees; and control systems. In addition, it offers subsea wellheads engineering, manufacturing, installation, and life-of-field support services, including umbilical systems, subsea structures, tie-in systems, subsea compression and pump systems, subsea power distribution and processing systems, and intervention and workover systems; lifecycle, hook-up and completion, maintenance, modification, asset integrity management, and yards and fabrication services, as well as carbon capture, utilization, and storage services. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 23:01|
|End of Day Share Price||2020/04/03 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.