Norsk Renewables Valuation

Is NSOL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NSOL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NSOL?

Key metric: As NSOL is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NSOL. This is calculated by dividing NSOL's market cap by their current revenue.
What is NSOL's PS Ratio?
PS Ratio2.2x
SalesNOK 22.39m
Market CapNOK 48.72m

Price to Sales Ratio vs Peers

How does NSOL's PS Ratio compare to its peers?

The above table shows the PS ratio for NSOL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
ENERG Energeia
1.2x8.4%NOK 82.9m
EAM EAM Solar
1.8xn/aNOK 25.8m
ALT Alternus Energy Group
0.1xn/aNOK 23.5m
MPCES MPC Energy Solutions
1.7x14.7%NOK 213.6m
NSOL Norsk Renewables
2.2x64.6%NOK 48.7m

Price-To-Sales vs Peers: NSOL is expensive based on its Price-To-Sales Ratio (2.2x) compared to the peer average (1.2x).


Price to Sales Ratio vs Industry

How does NSOL's PS Ratio compare vs other companies in the European Renewable Energy Industry?

13 CompaniesPrice / SalesEstimated GrowthMarket Cap
NSOL 2.2xIndustry Avg. 2.6xNo. of Companies13PS0246810+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NSOL is good value based on its Price-To-Sales Ratio (2.2x) compared to the European Renewable Energy industry average (2.6x).


Price to Sales Ratio vs Fair Ratio

What is NSOL's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NSOL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.2x
Fair PS Ratio5.5x

Price-To-Sales vs Fair Ratio: NSOL is good value based on its Price-To-Sales Ratio (2.2x) compared to the estimated Fair Price-To-Sales Ratio (5.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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