How does IOTA's PE Ratio compare to its peers?

IOTA is good value based on its Price-To-Earnings Ratio (3.1x) compared to the peer average (14.2x).

How does IOTA's PE Ratio compare vs other companies in the NO Energy Services Industry?

IOTA is good value based on its Price-To-Earnings Ratio (3.1x) compared to the Norwegian Energy Services industry average (6.2x).

What is IOTA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate IOTA's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of IOTA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IOTA (NOK1) is trading above our estimate of [[fair value]] (NOK0.5)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

IOTA Stock Overview

Through its subsidiaries, engages in the holding and trading of investments in oil and gas, and green energy industries in Cyprus. More details

IOTA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	3/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (3.1x) is below the Norwegian market (11.4x)

Became profitable this year

Risk Analysis

Does not have a meaningful market cap (NOK96M)

Shares are highly illiquid

Shareholders have been diluted in the past year

Does not have meaningful revenue (NOK14M)

My Notes

Capture your thoughts, links and company narrative

Independent Oil & Resources Plc Competitors

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ABL Group

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NOK 1.3b

Price History & Performance

Summary of share price highs, lows and changes for Independent Oil & Resources
Historical stock prices
Current Share Price	NOK 1.00
52 Week High	NOK 0
52 Week Low	NOK 0
Beta	-0.011
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	0%
3 Year Change	-37.50%
5 Year Change	-9.09%
Change since IPO	-99.33%

Recent updates

Shareholder Returns

	IOTA	NO Energy Services	NO Market
7D	n/a	-1.4%	-1.8%
1Y	0%	-5.7%	-0.8%

Return vs Industry: IOTA exceeded the Norwegian Energy Services industry which returned -5.7% over the past year.

Return vs Market: IOTA matched the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is IOTA's price volatile compared to industry and market?
IOTA volatility
IOTA Average Weekly Movement	n/a
Energy Services Industry Average Movement	5.3%
Market Average Movement	5.0%
10% most volatile stocks in NO Market	11.0%
10% least volatile stocks in NO Market	2.6%

Stable Share Price: IOTA's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: Insufficient data to determine IOTA's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1991	1	n/a	independentresources.eu

Independent Oil & Resources Plc, through its subsidiaries, engages in the holding and trading of investments in oil and gas, and green energy industries in Cyprus. The company was incorporated in 1991 and is based in Limassol, Cyprus.

Independent Oil & Resources Plc Fundamentals Summary

How do Independent Oil & Resources's earnings and revenue compare to its market cap?
IOTA fundamental statistics
Market cap	NOK 95.83m
Earnings (TTM)	NOK 30.47m
Revenue (TTM)	NOK 13.81m

3.1x

P/E Ratio

6.9x

P/S Ratio

Is IOTA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IOTA income statement (TTM)
Revenue	NOK 13.81m
Cost of Revenue	NOK 0
Gross Profit	NOK 13.81m
Other Expenses	-NOK 16.66m
Earnings	NOK 30.47m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.32
Gross Margin	100.00%
Net Profit Margin	220.62%
Debt/Equity Ratio	6.7%

How did IOTA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 07:40
End of Day Share Price	2024/12/19 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Independent Oil & Resources Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Independent Oil & Resources OTCNO:IOTA Stock Report