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EAM Solar OB:EAM Stock Report

Last Price

NOK 0.16

Market Cap

NOK 24.9m

7D

6.6%

1Y

-99.0%

Updated

22 Dec, 2024

Data

Company Financials

EAM Solar ASA

OB:EAM Stock Report

Market Cap: NOK 24.9m

EAM Stock Overview

Acquires, owns, and operates solar power plants in Europe. More details

EAM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 72.5% below our estimate of its fair value

Risk Analysis

Shareholders have been substantially diluted in the past year

Earnings have declined by 23.8% per year over past 5 years

Does not have a meaningful market cap (NOK25M)

Highly volatile share price over the past 3 months compared to the Norwegian market

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

EAM Solar ASA Competitors

Aega

OB:AEGA

NOK 19.0m

Norsk Renewables

OB:NSOL

NOK 60.4m

Energeia

OB:ENERG

NOK 74.6m

Alternus Energy Group

OB:ALT

NOK 1.0m

Price History & Performance

Summary of share price highs, lows and changes for EAM Solar
Historical stock prices
Current Share PriceNOK 0.16
52 Week HighNOK 25.00
52 Week LowNOK 0.11
Beta0.39
1 Month Change-3.56%
3 Month Change-70.77%
1 Year Change-98.97%
3 Year Change-98.47%
5 Year Change-98.58%
Change since IPO-99.84%

Recent News & Updates

Recent updates

Here's Why We Don't Think EAM Solar's (OB:EAM) Statutory Earnings Reflect Its Underlying Earnings Potential

Jan 27
Here's Why We Don't Think EAM Solar's (OB:EAM) Statutory Earnings Reflect Its Underlying Earnings Potential

Shareholder Returns

EAMNO Renewable EnergyNO Market
7D6.6%-0.2%-2.8%
1Y-99.0%-2.3%-0.8%

Return vs Industry: EAM underperformed the Norwegian Renewable Energy industry which returned -2.3% over the past year.

Return vs Market: EAM underperformed the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is EAM's price volatile compared to industry and market?
EAM volatility
EAM Average Weekly Movement73.2%
Renewable Energy Industry Average Movement4.3%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

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

Volatility Over Time: EAM's weekly volatility has increased from 45% to 73% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aChristian Hagemannwww.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 solar power plants with a combined installed capacity of 4.0 MW in Italy.

EAM Solar ASA Fundamentals Summary

How do EAM Solar's earnings and revenue compare to its market cap?
EAM fundamental statistics
Market capNOK 24.86m
Earnings (TTM)-NOK 7.78m
Revenue (TTM)NOK 14.80m

1.7x

P/S Ratio

-3.2x

P/E Ratio

Is EAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EAM income statement (TTM)
Revenue€1.25m
Cost of Revenue€261.49k
Gross Profit€990.30k
Other Expenses€1.65m
Earnings-€657.87k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0043
Gross Margin79.11%
Net Profit Margin-52.55%
Debt/Equity Ratio0%

How did EAM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:39
End of Day Share Price 2024/12/20 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

EAM Solar ASA is covered by 1 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.

AnalystInstitution
Preben Rasch-OlsenCarnegie Investment Bank AB