MGN Stock Overview
Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 6/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Magnora ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr29.05 |
| 52 Week High | kr38.60 |
| 52 Week Low | kr21.75 |
| Beta | 1.14 |
| 1 Month Change | -5.53% |
| 3 Month Change | -3.17% |
| 1 Year Change | 29.40% |
| 3 Year Change | 11.73% |
| 5 Year Change | 272.44% |
| Change since IPO | -93.54% |
Recent News & Updates
Recent updates
A Look At The Intrinsic Value Of Magnora ASA (OB:MGN)
Sep 03
Bullish: Analysts Just Made A Massive Upgrade To Their Magnora ASA (OB:MGN) Forecasts
Aug 13Does Magnora (OB:MGN) Have A Healthy Balance Sheet?
Aug 20Is Magnora (OB:MGN) A Future Multi-bagger?
Feb 01Do Insiders Own Lots Of Shares In Magnora ASA (OB:MGN)?
Jan 13
Here's Why We Think Magnora's (OB:MGN) Statutory Earnings Might Be Conservative
Dec 14Trade Alert: The Chief Executive Officer Of Magnora ASA (OB:MGN), Erik Sneve, Has Just Spent kr533k Buying 4.1% More Shares
Nov 23Shareholder Returns
| MGN | NO Energy Services | NO Market | |
|---|---|---|---|
| 7D | -9.1% | -2.4% | -1.7% |
| 1Y | 29.4% | 10.5% | 1.8% |
Return vs Industry: MGN exceeded the Norwegian Energy Services industry which returned 10.5% over the past year.
Return vs Market: MGN exceeded the Norwegian Market which returned 1.8% over the past year.
Price Volatility
| MGN volatility | |
|---|---|
| MGN Average Weekly Movement | 3.5% |
| Energy Services Industry Average Movement | 5.0% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 2.9% |
Stable Share Price: MGN has not had significant price volatility in the past 3 months.
Volatility Over Time: MGN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | n/a | Erik Sneve | www.magnoraasa.com |
Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins.
Magnora ASA Fundamentals Summary
| MGN fundamental statistics | |
|---|---|
| Market cap | kr1.91b |
| Earnings (TTM) | kr178.90m |
| Revenue (TTM) | kr28.70m |
10.7x
P/E Ratio66.6x
P/S RatioIs MGN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGN income statement (TTM) | |
|---|---|
| Revenue | kr28.70m |
| Cost of Revenue | kr5.80m |
| Gross Profit | kr22.90m |
| Other Expenses | -kr156.00m |
| Earnings | kr178.90m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 15, 2024
| Earnings per share (EPS) | 2.72 |
| Gross Margin | 79.79% |
| Net Profit Margin | 623.34% |
| Debt/Equity Ratio | 0.2% |
How did MGN perform over the long term?
See historical performance and comparison