OKEA Valuation
Is OKEA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of OKEA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: OKEA (NOK19.74) is trading below our estimate of fair value (NOK44.97)
Significantly Below Fair Value: OKEA is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for OKEA?
Other financial metrics that can be useful for relative valuation.
| What is OKEA's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | NOK 2.05b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.2x |
| Enterprise Value/EBITDA | 0.3x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does OKEA's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1x | ||
PEN Panoro Energy | 1x | 4.2% | NOK 3.2b |
PNOR PetroNor E&P | 0.6x | n/a | NOK 1.3b |
BWE BW Energy | 1x | 11.3% | NOK 7.0b |
BNOR BlueNord | 1.6x | 15.0% | NOK 12.0b |
OKEA OKEA | 0.2x | -11.3% | NOK 2.1b |
Price-To-Sales vs Peers: OKEA is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1x).
Price to Earnings Ratio vs Industry
How does OKEA's PE Ratio compare vs other companies in the NO Oil and Gas Industry?
Price-To-Sales vs Industry: OKEA is good value based on its Price-To-Sales Ratio (0.2x) compared to the Norwegian Oil and Gas industry average (1.1x).
Price to Sales Ratio vs Fair Ratio
What is OKEA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.2x |
| Fair PS Ratio | 1x |
Price-To-Sales vs Fair Ratio: OKEA is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (1x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NOK 19.74 | NOK 35.00 +77.3% | 34.2% | NOK 55.00 | NOK 23.00 | n/a | 5 |
| Sep ’25 | NOK 21.96 | NOK 35.00 +59.4% | 34.2% | NOK 55.00 | NOK 23.00 | n/a | 5 |
| Aug ’25 | NOK 23.62 | NOK 35.00 +48.2% | 34.2% | NOK 55.00 | NOK 23.00 | n/a | 5 |
| Jul ’25 | NOK 25.12 | NOK 37.00 +47.3% | 30.5% | NOK 55.00 | NOK 25.00 | n/a | 5 |
| Jun ’25 | NOK 25.64 | NOK 37.40 +45.9% | 29.1% | NOK 55.00 | NOK 27.00 | n/a | 5 |
| May ’25 | NOK 25.90 | NOK 37.40 +44.4% | 29.1% | NOK 55.00 | NOK 27.00 | n/a | 5 |
| Apr ’25 | NOK 24.78 | NOK 36.60 +47.7% | 31.8% | NOK 55.00 | NOK 25.00 | n/a | 5 |
| Mar ’25 | NOK 24.10 | NOK 37.00 +53.5% | 31.1% | NOK 55.00 | NOK 25.00 | n/a | 5 |
| Feb ’25 | NOK 23.52 | NOK 38.00 +61.6% | 30.6% | NOK 55.00 | NOK 25.00 | n/a | 5 |
| Jan ’25 | NOK 26.60 | NOK 46.40 +74.4% | 12.4% | NOK 55.00 | NOK 40.00 | n/a | 5 |
| Dec ’24 | NOK 32.32 | NOK 47.40 +46.7% | 10.4% | NOK 55.00 | NOK 40.00 | n/a | 5 |
| Nov ’24 | NOK 38.82 | NOK 46.40 +19.5% | 10.8% | NOK 55.00 | NOK 40.00 | n/a | 5 |
| Oct ’24 | NOK 38.16 | NOK 46.50 +21.9% | 10.8% | NOK 55.00 | NOK 42.00 | n/a | 4 |
| Sep ’24 | NOK 39.28 | NOK 46.75 +19.0% | 10.3% | NOK 55.00 | NOK 43.00 | NOK 21.96 | 4 |
| Aug ’24 | NOK 37.14 | NOK 46.20 +24.4% | 12.2% | NOK 55.00 | NOK 40.00 | NOK 23.62 | 5 |
| Jul ’24 | NOK 30.72 | NOK 45.40 +47.8% | 11.7% | NOK 55.00 | NOK 40.00 | NOK 25.12 | 5 |
| Jun ’24 | NOK 31.72 | NOK 47.00 +48.2% | 10.3% | NOK 55.00 | NOK 42.00 | NOK 25.64 | 4 |
| May ’24 | NOK 30.80 | NOK 46.25 +50.2% | 11.4% | NOK 55.00 | NOK 41.00 | NOK 25.90 | 4 |
| Apr ’24 | NOK 31.55 | NOK 48.00 +52.1% | 10.3% | NOK 55.00 | NOK 44.00 | NOK 24.78 | 3 |
| Mar ’24 | NOK 32.15 | NOK 51.33 +59.7% | 10.1% | NOK 55.00 | NOK 44.00 | NOK 24.10 | 3 |
| Feb ’24 | NOK 33.10 | NOK 60.67 +83.3% | 11.0% | NOK 70.00 | NOK 55.00 | NOK 23.52 | 3 |
| Jan ’24 | NOK 34.20 | NOK 63.50 +85.7% | 10.2% | NOK 70.00 | NOK 57.00 | NOK 26.60 | 2 |
| Dec ’23 | NOK 40.40 | NOK 60.67 +50.2% | 11.0% | NOK 70.00 | NOK 55.00 | NOK 32.32 | 3 |
| Nov ’23 | NOK 44.15 | NOK 60.67 +37.4% | 11.0% | NOK 70.00 | NOK 55.00 | NOK 38.82 | 3 |
| Oct ’23 | NOK 36.10 | NOK 57.33 +58.8% | 3.6% | NOK 60.00 | NOK 55.00 | NOK 38.16 | 3 |
| Sep ’23 | NOK 51.00 | NOK 57.33 +12.4% | 3.6% | NOK 60.00 | NOK 55.00 | NOK 39.28 | 3 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.