MGN Stock Overview
Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
Rewards
Risk Analysis
Magnora ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 22.90 |
| 52 Week High | NOK 35.75 |
| 52 Week Low | NOK 20.25 |
| Beta | 1.14 |
| 1 Month Change | 3.62% |
| 3 Month Change | -17.48% |
| 1 Year Change | -25.53% |
| 3 Year Change | 20.78% |
| 5 Year Change | 189.87% |
| Change since IPO | -94.91% |
Recent News & Updates
Recent updates
Expansion Into South Africa, Germany, And Italy Aims To Increase Capacity But May Face Regulatory Challenges
Feb 22 Strategic expansion in project portfolio and strong market entry into Germany, Italy, and South Africa could drive future revenue growth and improve net margins.We Think That There Are Some Issues For Magnora (OB:MGN) Beyond Its Promising Earnings
Oct 24
Concerns Surrounding Magnora's (OB:MGN) Performance
Apr 24A Look At The Intrinsic Value Of Magnora ASA (OB:MGN)
Sep 03Bullish: Analysts Just Made A Massive Upgrade To Their Magnora ASA (OB:MGN) Forecasts
Aug 13Does Magnora (OB:MGN) Have A Healthy Balance Sheet?
Aug 20Shareholder Returns
| MGN | NO Renewable Energy | NO Market | |
|---|---|---|---|
| 7D | 0% | 1.8% | -0.8% |
| 1Y | -25.5% | -6.1% | 5.6% |
Return vs Industry: MGN underperformed the Norwegian Renewable Energy industry which returned -6.1% over the past year.
Return vs Market: MGN underperformed the Norwegian Market which returned 5.6% over the past year.
Price Volatility
| MGN volatility | |
|---|---|
| MGN Average Weekly Movement | 4.6% |
| Renewable Energy Industry Average Movement | 4.3% |
| Market Average Movement | 5.3% |
| 10% most volatile stocks in NO Market | 13.1% |
| 10% least volatile stocks in NO Market | 2.9% |
Stable Share Price: MGN has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: MGN's weekly volatility (5%) has been stable over the past year.
Community vs My Fair Value
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Expansion Into South Africa, Germany, And Italy Aims To Increase Capacity But May Face Regulatory Challenges
Investment Case Magnora ASA
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 33 | Erik Sneve | www.magnoraasa.com |
Magnora ASA operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom. The company focuses on developing wind, solar photovoltaic (PV), and battery storage projects. It serves renewable energy operators, investment and oil companies, and global marine contractors.
Magnora ASA Fundamentals Summary
| MGN fundamental statistics | |
|---|---|
| Market cap | NOK 1.46b |
| Earnings (TTM) | NOK 277.80m |
| Revenue (TTM) | NOK 2.30m |
5.1x
P/E Ratio616.7x
P/S RatioIs MGN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGN income statement (TTM) | |
|---|---|
| Revenue | NOK 2.30m |
| Cost of Revenue | NOK 0 |
| Gross Profit | NOK 2.30m |
| Other Expenses | -NOK 275.50m |
| Earnings | NOK 277.80m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
Apr 25, 2025
| Earnings per share (EPS) | 4.49 |
| Gross Margin | 100.00% |
| Net Profit Margin | 12,078.26% |
| Debt/Equity Ratio | 0% |
How did MGN perform over the long term?
See historical performance and comparisonDividends
3.3%
Current Dividend Yield13%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/31 20:15 |
| End of Day Share Price | 2025/03/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Magnora ASA is covered by 15 analysts. 3 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 |
|---|---|
| John A. Olaisen | ABG Sundal Collier |
| Erik Tønne | Arctic Securities ASA |
| Chr. Frederik Lunde | Carnegie Investment Bank AB |