OB:AKSO

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Aker Solutions

Market Cap

kr7.7b

Last Updated

2021/06/21 05:01 UTC

Data Sources

Company Financials +

Executive Summary

Aker Solutions ASA provides products, systems, and services to the oil and gas industry worldwide. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


Similar Companies

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 is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AKSO's weekly volatility has decreased from 11% to 5% over the past year.


Market Performance


7 Day Return

-7.1%

AKSO

-2.3%

NO Energy Services

-2.4%

NO Market


1 Year Return

80.9%

AKSO

29.8%

NO Energy Services

32.6%

NO Market

Return vs Industry: AKSO exceeded the Norwegian Energy Services industry which returned 29.8% over the past year.

Return vs Market: AKSO exceeded the Norwegian Market which returned 32.6% over the past year.


Shareholder returns

AKSOIndustryMarket
7 Day-7.1%-2.3%-2.4%
30 Day10.6%4.4%0.3%
90 Day17.4%-3.8%1.5%
1 Year130.0%80.9%35.2%29.8%38.0%32.6%
3 Year-63.3%-71.2%-64.6%-66.9%18.0%4.7%
5 Year-37.8%-51.0%-7.6%-26.5%84.1%50.0%

Long-Term 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

Valuation

Is Aker Solutions undervalued compared to its fair value and its price relative to the market?

36.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AKSO (NOK15.79) is trading below our estimate of fair value (NOK24.65)

Significantly Below Fair Value: AKSO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AKSO is unprofitable, so we can't compare its PE Ratio to the Norwegian Energy Services industry average.

PE vs Market: AKSO is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AKSO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AKSO is overvalued based on its PB Ratio (1x) compared to the NO Energy Services industry average (0.7x).


Future Growth

How is Aker Solutions forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

47.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AKSO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: AKSO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AKSO's is expected to become profitable in the next 3 years.

Revenue vs Market: AKSO's revenue (7.6% per year) is forecast to grow faster than the Norwegian market (4.4% per year).

High Growth Revenue: AKSO's revenue (7.6% per year) is forecast to grow slower than 20% 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 (5.4%).


Past Performance

How has Aker Solutions performed over the past 5 years?

-48.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AKSO is currently unprofitable.

Growing Profit Margin: AKSO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AKSO is unprofitable, and losses have increased over the past 5 years at a rate of 48.5% per year.

Accelerating Growth: Unable to compare AKSO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AKSO is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-4.6%).


Return on Equity

High ROE: AKSO has a negative Return on Equity (-8.13%), as it is currently unprofitable.


Financial Health

How is Aker Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: AKSO's short term assets (NOK13.0B) exceed its short term liabilities (NOK10.7B).

Long Term Liabilities: AKSO's short term assets (NOK13.0B) exceed its long term liabilities (NOK8.3B).


Debt to Equity History and Analysis

Debt Level: AKSO's debt to equity ratio (34%) is considered satisfactory.

Reducing Debt: AKSO's debt to equity ratio has reduced from 61.3% to 34% over the past 5 years.

Debt Coverage: AKSO's debt is well covered by operating cash flow (56.6%).

Interest Coverage: Insufficient data to determine if AKSO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Aker Solutions's current dividend yield, its reliability and sustainability?

0.62%

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 recent payouts.

High Dividend: Unable to evaluate AKSO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Kjetel Digre (51 yo)

0.83

Tenure

kr6,993,951

Compensation

Mr. Kjetel Digre has been Chief Executive Officer at Aker Solutions ASA since August 1, 2020. Mr. Digre is Senior Vice President of Operations & Asset Development at Aker BP ASA since May 2019. Digre joine...


CEO Compensation Analysis

Compensation vs Market: Kjetel's total compensation ($USD804.08K) is about average for companies of similar size in the Norwegian market ($USD670.11K).

Compensation vs Earnings: Insufficient data to compare Kjetel's compensation with company performance.


Leadership Team

Experienced Management: AKSO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: AKSO's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 79.7%.


Top Shareholders

Company Information

Aker Solutions ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aker Solutions ASA
  • Ticker: AKSO
  • Exchange: OB
  • Founded: 1841
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: kr7.715b
  • Shares outstanding: 488.75m
  • Website: https://akersolutions.com

Number of Employees


Location

  • Aker Solutions ASA
  • Oksenøyveien 8
  • Fornebu
  • Akershus
  • 1366
  • Norway

Listings


Biography

Aker Solutions ASA provides products, systems, and services to the oil and gas industry worldwide. It offers field planning, feasibility, and concept studies; floater designs; digital solutions; and deep-w...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/21 05:01
End of Day Share Price2021/06/18 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.