OB:AKSO

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Aker Solutions

Executive Summary

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


Snowflake Analysis

Mediocre balance sheet with moderate 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 +/- 9% a week.

Volatility Over Time: AKSO's weekly volatility has decreased from 14% to 9% over the past year.


Market Performance


7 Day Return

-5.8%

AKSO

-0.6%

NO Energy Services

0.1%

NO Market


1 Year Return

-35.1%

AKSO

-37.4%

NO Energy Services

-0.7%

NO Market

Return vs Industry: AKSO exceeded the Norwegian Energy Services industry which returned -37.4% over the past year.

Return vs Market: AKSO underperformed the Norwegian Market which returned -0.7% over the past year.


Shareholder returns

AKSOIndustryMarket
7 Day-5.8%-0.6%0.1%
30 Day45.1%37.4%12.7%
90 Day57.6%24.0%8.8%
1 Year-17.4%-35.1%-34.4%-37.4%2.9%-0.7%
3 Year-55.3%-64.8%-58.0%-61.0%10.3%-2.1%
5 Year-49.2%-60.0%-25.2%-47.4%57.9%26.7%

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?

35.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AKSO (NOK14.06) is trading below our estimate of fair value (NOK21.86)

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 NO 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 (0.7x) compared to the NO Energy Services industry average (0.5x).


Next Steps

Future Growth

How is Aker Solutions forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

91.4%

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 (1.6%).

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 (3.7% per year) is forecast to grow slower than the Norwegian market (6.4% per year).

High Growth Revenue: AKSO's revenue (3.7% 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 (8%).


Next Steps

Past Performance

How has Aker Solutions performed over the past 5 years?

-44.2%

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 44.2% 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 (-41.5%).


Return on Equity

High ROE: AKSO has a negative Return on Equity (-14.74%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aker Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: AKSO's short term assets (NOK12.8B) exceed its short term liabilities (NOK10.2B).

Long Term Liabilities: AKSO's short term assets (NOK12.8B) exceed its long term liabilities (NOK10.2B).


Debt to Equity History and Analysis

Debt Level: AKSO's debt to equity ratio (83%) is considered high.

Reducing Debt: AKSO's debt to equity ratio has increased from 54.8% to 83% over the past 5 years.

Debt Coverage: AKSO's debt is well covered by operating cash flow (20.6%).

Interest Coverage: AKSO is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

0.32%

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?

0.6yrs

Average management tenure


CEO

Kjetel Digre (51 yo)

0.33

Tenure

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...


Leadership Team

NamePositionTenureCompensationOwnership
Egil Boyum
Chief Transformation Officer4.08yrskr4.46m0.00085%
NOK 58.8k
Linda Aase
Executive Vice President of Electrification2.17yrskr3.02m0.0078%
NOK 541.7k
Maria Peralta
Executive Vice President of Subsea0.33yrkr3.78m0.0016%
NOK 110.0k
Valborg Lundegaard
Chief Executive Officer of Aker Carbon Capture0.92yrkr4.20m0.0010%
NOK 72.6k
Kjetel Digre
Chief Executive Officer0.33yrno datano data
Idar Eikrem
Chief Financial Officer0.33yrno datano data
Herve Valla
Chief Technology Officerno datano datano data
Fredrik Berge
Senior Manager of Investor Relationsno datano datano data
Tove Røskaft
Head of Communications & Investor Relationsno datakr713.79kno data
Kjetil Kristiansen
Executive Vice President of People & Organization0.33yrno datano data
Marianne Aamodt
Senior Vice President of Corporate Financial Reporting12.67yrsno datano data
Leif Haukom
Head of Mooring and Loading Systemsno datakr3.64mno data

0.6yrs

Average Tenure

54yo

Average Age

Experienced Management: AKSO's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Birgit Aagaard-Svendsen
Director2.67yrskr575.00k0.018%
NOK 1.3m
Kjell Rokke
Director0.083yrno datano data
Leif-Arne Langøy
Chairman of the Board0.083yrkr129.17kno data
Lone Schrøder
Director0.083yrkr417.50kno data
Thorhild Widvey
Director0.083yrno datano data
Oyvind Eriksen
Independent Director0.083yrkr620.00kno data
Jan Haugan
Director0.083yrno datano data
Britt Andersson
Deputy Board Memberno datano datano data
Oddvar Hølland
Director3.67yrskr45.00k0.0028%
NOK 195.8k
Jan Erlandsen
Deputy Board Memberno datano datano data
Edith Bjerkan
Deputy Board Memberno datano datano data
Caroline Hellemsvik
Deputy Board Memberno datano datano data

0.08yrs

Average Tenure

63yo

Average Age

Experienced Board: AKSO's board of directors are not considered experienced ( 0.1 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: Insufficient data to determine if 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 82.6%.


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: kr6.918b
  • Shares outstanding: 492.07m
  • Website: https://akersolutions.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AKSOOB (Oslo Bors)YesOrdinary SharesNONOKSep 2014
1AKADB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2014
0QXPLSE (London Stock Exchange)YesOrdinary SharesGBNOKSep 2014
AKRT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 2014
AKSOoBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKSep 2014

Biography

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 co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 17:21
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.