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EAM

EAM Solar OB:EAM Stock Report

Last Price

kr10.05

Market Cap

kr68.9m

7D

6.9%

1Y

16.9%

Updated

23 May, 2022

Data

Company Financials
EAM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

EAM Stock Overview

EAM Solar ASA acquires, owns, and operates solar power plants in Europe.

EAM Solar Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for EAM Solar
Historical stock prices
Current Share Pricekr10.05
52 Week Highkr13.00
52 Week Lowkr7.50
Beta1.3
1 Month Change-14.83%
3 Month Change0.50%
1 Year Change16.86%
3 Year Change-60.59%
5 Year Change-62.36%
Change since IPO-89.85%

Recent News & Updates

Shareholder Returns

EAMNO Renewable EnergyNO Market
7D6.9%4.8%2.3%
1Y16.9%-48.5%13.2%

Return vs Industry: EAM exceeded the Norwegian Renewable Energy industry which returned -48.9% over the past year.

Return vs Market: EAM exceeded the Norwegian Market which returned 12.3% over the past year.

Price Volatility

Is EAM's price volatile compared to industry and market?
EAM volatility
EAM Average Weekly Movement8.0%
Renewable Energy Industry Average Movement9.7%
Market Average Movement7.3%
10% most volatile stocks in NO Market13.0%
10% least volatile stocks in NO Market4.1%

Stable Share Price: EAM is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: EAM's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aViktor Jakobsenhttps://www.eamsolar.no

EAM Solar ASA acquires, owns, and operates solar power plants in Europe. The company sells electricity under long-term fixed price sales contracts. It owns and operates 4 power plants with a combined installed capacity of 4.0 MW in Italy.

EAM Solar Fundamentals Summary

How do EAM Solar's earnings and revenue compare to its market cap?
EAM fundamental statistics
Market Cap€6.71m
Earnings (TTM)-€3.77m
Revenue (TTM)€1.33m

5.0x

P/S Ratio

-1.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EAM income statement (TTM)
Revenue€1.33m
Cost of Revenue€236.68k
Gross Profit€1.10m
Other Expenses€4.87m
Earnings-€3.77m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 24, 2022

Earnings per share (EPS)-0.55
Gross Margin82.25%
Net Profit Margin-283.03%
Debt/Equity Ratio0%

How did EAM perform over the long term?

See historical performance and comparison

Valuation

Is EAM Solar undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


0.99x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EAM's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate EAM's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: EAM is unprofitable, so we can't compare its PE Ratio to the European Renewable Energy industry average.

PE vs Market: EAM 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 EAM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EAM is good value based on its PB Ratio (1x) compared to the NO Renewable Energy industry average (1.6x).


Future Growth

How is EAM Solar forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.8%

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 EAM Solar 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.


Past Performance

How has EAM Solar performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


56.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EAM is currently unprofitable.

Growing Profit Margin: EAM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EAM is unprofitable, but has reduced losses over the past 5 years at a rate of 56.2% per year.

Accelerating Growth: Unable to compare EAM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EAM is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (42%).


Return on Equity

High ROE: EAM has a negative Return on Equity (-55.74%), as it is currently unprofitable.


Financial Health

How is EAM Solar's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: EAM's short term assets (€6.6M) exceed its short term liabilities (€2.0M).

Long Term Liabilities: EAM's short term assets (€6.6M) exceed its long term liabilities (€4.9M).


Debt to Equity History and Analysis

Debt Level: EAM is debt free.

Reducing Debt: EAM currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet


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: EAM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EAM has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.3% each year.


Dividend

What is EAM Solar current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate EAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EAM'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 EAM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EAM's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: EAM is not paying a notable dividend for the Norwegian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EAM has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average board tenure


CEO

Viktor Jakobsen (63 yo)

6.42yrs

Tenure

Mr. Viktor Erik Jakobsen has been the Chief Executive Officer of EAM Solar ASA since December 2015. Mr. Jakobsen serves as Independent Consultant to two Norwegian energy-related companies. He has 20 years...


Board Members

Experienced Board: EAM's board of directors are considered experienced (4 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EAM Solar ASA's employee growth, exchange listings and data sources


Key Information

  • Name: EAM Solar ASA
  • Ticker: EAM
  • Exchange: OB
  • Founded: 2011
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Implied Market Cap: kr68.865m
  • Shares outstanding: 6.85m
  • Website: https://www.eamsolar.no

Location

  • EAM Solar ASA
  • Bryggetorget 7
  • Oslo
  • Oslo
  • 250
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.