OKEA ASA

OB:OKEA Stock Report

Market Cap: NOK 2.0b

OKEA Future Growth

Future criteria checks 4/6

OKEA's revenue is forecast to decline at 14.8% per annum while its annual earnings are expected to grow at 72.8% per year. EPS is expected to grow by 72.8% per annum. Return on equity is forecast to be 25.7% in 3 years.

Key information

72.8%

Earnings growth rate

72.8%

EPS growth rate

Oil and Gas earnings growth-4.6%
Revenue growth rate-14.8%
Future return on equity25.7%
Analyst coverage

Low

Last updated03 Dec 2024

Recent future growth updates

Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts

Jul 21
Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts

Recent updates

OKEA (OB:OKEA) Has A Somewhat Strained Balance Sheet

Sep 26
OKEA (OB:OKEA) Has A Somewhat Strained Balance Sheet

Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts

Jul 21
Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts

OKEA ASA (OB:OKEA) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jul 12
OKEA ASA (OB:OKEA) Shares Could Be 42% Below Their Intrinsic Value Estimate

Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates

Jan 23
Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates

Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E

Jan 21
Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E

Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?

Dec 03
Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?

Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?

Oct 13
Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?

Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week

Sep 03
Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week

OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00

Aug 10
OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00

Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts

Jul 16
Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts

New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)

May 01
New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)

Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts

Mar 26
Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts

Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook

Feb 11
Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook

OKEA ASA (OB:OKEA) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Aug 21
OKEA ASA (OB:OKEA) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Earnings and Revenue Growth Forecasts

OB:OKEA - Analysts future estimates and past financials data (NOK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20267,717571-3073,4074
12/31/20258,697816-693,7055
12/31/202411,4905235134,3504
9/30/202410,844-9472,2535,116N/A
6/30/202410,031-1,1921,6974,446N/A
3/31/20249,230-1,2112,7835,163N/A
12/31/20238,739-9353,2005,188N/A
9/30/20238,2176521,7643,858N/A
6/30/20238,2007242,4164,292N/A
3/31/20237,8126822,0143,590N/A
12/31/20226,3996701,9393,344N/A
9/30/20226,5166292,9813,957N/A
6/30/20225,4196212,4193,245N/A
3/31/20224,7607942,3703,179N/A
12/31/20213,7816031,6762,515N/A
9/30/20212,7295031,0131,834N/A
6/30/20212,0203877561,738N/A
3/31/20211,6852054984N/A
12/31/20201,652-603-412621N/A
9/30/20201,605-787-467623N/A
6/30/20201,908-846-9972N/A
3/31/20202,691-8477021,708N/A
12/31/20192,936-711,3012,157N/A
9/30/20192,499-1331,2552,053N/A
6/30/20191,910-1207091,363N/A
3/31/2019896-170226743N/A
12/31/2018150-161-156235N/A
9/30/201887-127-16833N/A
6/30/201866-69N/A-39N/A
3/31/201840-44N/A-44N/A
12/31/201738-46N/A-37N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OKEA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

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

High Growth Earnings: OKEA is expected to become profitable in the next 3 years.

Revenue vs Market: OKEA's revenue is expected to decline over the next 3 years (-14.8% per year).

High Growth Revenue: OKEA's revenue is forecast to decline over the next 3 years (-14.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OKEA's Return on Equity is forecast to be high in 3 years time (25.7%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 19:52
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OKEA ASA is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen LandeDanske Bank
Vidar LyngværDanske Bank
Mikael GjerdingDNB Markets