MGN Stock Overview
Operates as a renewable energy development company in Norway, Sweden, and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Magnora ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 24.00 |
| 52 Week High | NOK 36.70 |
| 52 Week Low | NOK 21.95 |
| Beta | 1.09 |
| 11 Month Change | -2.04% |
| 3 Month Change | -12.25% |
| 1 Year Change | -33.70% |
| 33 Year Change | 34.38% |
| 5 Year Change | 250.36% |
| Change since IPO | -94.67% |
Recent News & Updates
Shareholder Returns
| MGN | NO Renewable Energy | NO Market | |
|---|---|---|---|
| 7D | -1.6% | -0.7% | 0.2% |
| 1Y | -33.7% | 15.4% | -0.5% |
Return vs Industry: MGN underperformed the Norwegian Renewable Energy industry which returned 15.4% over the past year.
Return vs Market: MGN underperformed the Norwegian Market which returned -0.5% over the past year.
Price Volatility
| MGN volatility | |
|---|---|
| MGN Average Weekly Movement | 6.8% |
| Renewable Energy Industry Average Movement | 4.0% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 11.3% |
| 10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: MGN's share price has been volatile over the past 3 months.
Volatility Over Time: MGN's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | n/a | Erik Sneve | www.magnoraasa.com |
Magnora ASA operates as a renewable energy development company in Norway, Sweden, and the United States. The company primarily focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It also hold license agreements with the Dana Western Isles and Shell Penguins.
Magnora ASA Fundamentals Summary
| MGN fundamental statistics | |
|---|---|
| Market cap | NOK 1.57b |
| Earnings (TTM) | NOK 36.10m |
| Revenue (TTM) | n/a |
43.5x
P/E Ratio-11.2x
P/S RatioIs MGN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGN income statement (TTM) | |
|---|---|
| Revenue | -NOK 139.70m |
| Cost of Revenue | NOK 15.60m |
| Gross Profit | -NOK 155.30m |
| Other Expenses | -NOK 191.40m |
| Earnings | NOK 36.10m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 15, 2024
| Earnings per share (EPS) | 0.55 |
| Gross Margin | 111.17% |
| Net Profit Margin | -25.84% |
| Debt/Equity Ratio | 0% |
How did MGN perform over the long term?
See historical performance and comparison