AEGA Stock Overview
Aega ASA, a solar utility company, acquires, invests in, and operates solar power plants.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr1.12|
|52 Week High||kr3.20|
|52 Week Low||kr1.04|
|1 Month Change||-13.94%|
|3 Month Change||-21.18%|
|1 Year Change||-52.37%|
|3 Year Change||-24.05%|
|5 Year Change||-49.37%|
|Change since IPO||-97.73%|
Recent News & Updates
|AEGA||NO Renewable Energy||NO Market|
Return vs Industry: AEGA underperformed the Norwegian Renewable Energy industry which returned -47.5% over the past year.
Return vs Market: AEGA underperformed the Norwegian Market which returned 11.9% over the past year.
|AEGA Average Weekly Movement||6.7%|
|Renewable Energy Industry Average Movement||9.7%|
|Market Average Movement||7.5%|
|10% most volatile stocks in NO Market||12.6%|
|10% least volatile stocks in NO Market||4.3%|
Stable Share Price: AEGA is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: AEGA's weekly volatility (7%) has been stable over the past year.
About the Company
Aega ASA, a solar utility company, acquires, invests in, and operates solar power plants. The company was formerly known as Nordic Financials ASA and changed its name to Aega ASA in January 2016. Aega ASA was founded in 2011 and is headquartered in Oslo, Norway.
Aega Fundamentals Summary
|AEGA fundamental statistics|
Is AEGA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AEGA income statement (TTM)|
|Cost of Revenue||€0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
May 31, 2022
|Earnings per share (EPS)||-0.0047|
|Net Profit Margin||-16.10%|
How did AEGA perform over the long term?See historical performance and comparison
Is Aega undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AEGA's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate AEGA's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: AEGA is unprofitable, so we can't compare its PE Ratio to the European Renewable Energy industry average.
PE vs Market: AEGA 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 AEGA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AEGA is good value based on its PB Ratio (0.7x) compared to the NO Renewable Energy industry average (1.5x).
How is Aega forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aega has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Aega performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AEGA is currently unprofitable.
Growing Profit Margin: AEGA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AEGA is unprofitable, but has reduced losses over the past 5 years at a rate of 34.2% per year.
Accelerating Growth: Unable to compare AEGA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AEGA is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (42%).
Return on Equity
High ROE: AEGA has a negative Return on Equity (-2.89%), as it is currently unprofitable.
How is Aega's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AEGA's short term assets (€6.5M) exceed its short term liabilities (€1.3M).
Long Term Liabilities: AEGA's short term assets (€6.5M) do not cover its long term liabilities (€7.9M).
Debt to Equity History and Analysis
Debt Level: AEGA's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: AEGA's debt to equity ratio has reduced from 70% to 46.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AEGA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: AEGA has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 13.3% each year
What is Aega current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AEGA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AEGA'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 AEGA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AEGA's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: AEGA is not paying a notable dividend for the Norwegian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AEGA has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nils Skaset (47 yo)
Mr. Nils Petter Skaset serves as the Director at Norsk Solar AS since November 11, 2020. He has been Chief Executive Officer at Aega ASA since 2020 and served as its Interim Chief Executive Officer since F...
CEO Compensation Analysis
Compensation vs Market: Nils's total compensation ($USD71.45K) is below average for companies of similar size in the Norwegian market ($USD331.54K).
Compensation vs Earnings: Nils's compensation has increased whilst the company is unprofitable.
Experienced Board: AEGA's board of directors are considered experienced (4.4 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.8%.
Aega ASA's employee growth, exchange listings and data sources
- Name: Aega ASA
- Ticker: AEGA
- Exchange: OB
- Founded: 2011
- Industry: Renewable Electricity
- Sector: Utilities
- Implied Market Cap: kr70.123m
- Shares outstanding: 62.39m
- Website: https://www.aega.no
Number of Employees
- Aega ASA
- Thunes vei 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|
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.