Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 5/6 |
Past Performance | 0/6 |
Financial Health | 2/6 |
Dividends | 2/6 |
SCATC Stock Overview
Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide.
Scatec Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | kr92.50 |
52 Week High | kr246.70 |
52 Week Low | kr79.40 |
Beta | 0.91 |
1 Month Change | -2.41% |
3 Month Change | -27.57% |
1 Year Change | -60.08% |
3 Year Change | 8.50% |
5 Year Change | 95.56% |
Change since IPO | 389.42% |
Recent News & Updates
These 4 Measures Indicate That Scatec (OB:SCATC) Is Using Debt In A Risky Way
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Downgrade: Here's How Analysts See Scatec ASA (OB:SCATC) Performing In The Near Term
One thing we could say about the analysts on Scatec ASA ( OB:SCATC ) - they aren't optimistic, having just made a major...
Shareholder Returns
SCATC | NO Renewable Energy | NO Market | |
---|---|---|---|
7D | 7.6% | 4.4% | -3.4% |
1Y | -60.1% | -53.9% | 3.2% |
Return vs Industry: SCATC underperformed the Norwegian Renewable Energy industry which returned -53.9% over the past year.
Return vs Market: SCATC underperformed the Norwegian Market which returned 3.2% over the past year.
Price Volatility
SCATC volatility | |
---|---|
SCATC Average Weekly Movement | 7.8% |
Renewable Energy Industry Average Movement | 7.8% |
Market Average Movement | 7.2% |
10% most volatile stocks in NO Market | 12.7% |
10% least volatile stocks in NO Market | 4.0% |
Stable Share Price: SCATC is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SCATC's weekly volatility (8%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2007 | 600 | Terje Pilskog | https://scatec.com |
Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. The company operates through Power Production; Services; and Development and Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions.
Scatec Fundamentals Summary
SCATC fundamental statistics | |
---|---|
Market Cap | kr14.68b |
Earnings (TTM) | -kr763.00m |
Revenue (TTM) | kr3.07b |
4.8x
P/S Ratio-19.2x
P/E RatioIs SCATC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
SCATC income statement (TTM) | |
---|---|
Revenue | kr3.07b |
Cost of Revenue | kr0 |
Gross Profit | kr3.07b |
Other Expenses | kr3.83b |
Earnings | -kr763.00m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 26, 2022
Earnings per share (EPS) | -4.81 |
Gross Margin | 100.00% |
Net Profit Margin | -24.86% |
Debt/Equity Ratio | 237.0% |
How did SCATC perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield-52%
Payout RatioValuation
Is SCATC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SCATC?
Other financial metrics that can be useful for relative valuation.
What is SCATC's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | kr14.68b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 10.2x |
Enterprise Value/EBITDA | 15.3x |
PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does SCATC's PS Ratio compare to its peers?
SCATC PS Ratio vs Peers |
---|
Company | PS | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 40.1x | ||
CLOUD Cloudberry Clean Energy | 57.3x | 48.7% | kr3.6b |
ALT Alternus Energy Group | 2.1x | n/a | kr577.0m |
MPCES MPC Energy Solutions | 77.8x | 136.1% | kr417.9m |
NSOL Norsk Solar | 23.4x | 84.1% | kr302.1m |
SCATC Scatec | 4.8x | 25.4% | kr14.7b |
Price-To-Sales vs Peers: SCATC is good value based on its Price-To-Sales Ratio (4.8x) compared to the peer average (40.1x).
Price to Earnings Ratio vs Industry
How does SCATC's PE Ratio compare vs other companies in the European Renewable Energy Industry?
Price-To-Sales vs Industry: SCATC is expensive based on its Price-To-Sales Ratio (4.8x) compared to the Norwegian Renewable Energy industry average (4.8x)
Price to Sales Ratio vs Fair Ratio
What is SCATC'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.
Fair Ratio | |
---|---|
Current PS Ratio | 4.8x |
Fair PS Ratio | 14.3x |
Price-To-Sales vs Fair Ratio: SCATC is good value based on its Price-To-Sales Ratio (4.8x) compared to the estimated Fair Price-To-Sales Ratio (14.3x).
Share Price vs Fair Value
What is the Fair Price of SCATC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SCATC (NOK92.5) is trading above our estimate of fair value (NOK71.52)
Significantly Below Fair Value: SCATC is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SCATC's PEG Ratio to determine if it is good value.
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Future Growth
How is Scatec forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
66.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCATC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).
Earnings vs Market: SCATC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SCATC is expected to become profitable in the next 3 years.
Revenue vs Market: SCATC's revenue (25.4% per year) is forecast to grow faster than the Norwegian market (0.3% per year).
High Growth Revenue: SCATC's revenue (25.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SCATC's Return on Equity is forecast to be low in 3 years time (6.1%).
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Past Performance
How has Scatec performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-53.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCATC is currently unprofitable.
Growing Profit Margin: SCATC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SCATC is unprofitable, and losses have increased over the past 5 years at a rate of 53.1% per year.
Accelerating Growth: Unable to compare SCATC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SCATC is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (57.5%).
Return on Equity
High ROE: SCATC has a negative Return on Equity (-7.58%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Scatec's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SCATC's short term assets (NOK5.5B) exceed its short term liabilities (NOK3.4B).
Long Term Liabilities: SCATC's short term assets (NOK5.5B) do not cover its long term liabilities (NOK19.8B).
Debt to Equity History and Analysis
Debt Level: SCATC's net debt to equity ratio (188.1%) is considered high.
Reducing Debt: SCATC's debt to equity ratio has reduced from 362.2% to 237% over the past 5 years.
Debt Coverage: SCATC's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: SCATC's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Dividend
What is Scatec current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SCATC's dividend (2.75%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.74%).
High Dividend: SCATC's dividend (2.75%) is low compared to the top 25% of dividend payers in the Norwegian market (6.94%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SCATC has been paying a dividend for less than 10 years.
Growing Dividend: SCATC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Earnings Payout to Shareholders
Earnings Coverage: SCATC is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.6%), SCATC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
6.5yrs
Average management tenure
CEO
Terje Pilskog (50 yo)
0.083
Tenure
kr4,568,000
Compensation
Mr. Terje Pilskog served as an Executive Vice President of Project Development at Scatec ASA (formerly known as Scatec Solar ASA) since 2022 until May 01, 2022 and serves as its Chief Executive Officer sin...
CEO Compensation Analysis
Compensation vs Market: Terje's total compensation ($USD462.89K) is below average for companies of similar size in the Norwegian market ($USD776.62K).
Compensation vs Earnings: Terje's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: SCATC's management team is seasoned and experienced (6.5 years average tenure).
Board Members
Experienced Board: SCATC's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SCATC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Scatec ASA's employee growth, exchange listings and data sources
Key Information
- Name: Scatec ASA
- Ticker: SCATC
- Exchange: OB
- Founded: 2007
- Industry: Renewable Electricity
- Sector: Utilities
- Implied Market Cap: kr14.685b
- Shares outstanding: 158.76m
- Website: https://scatec.com
Number of Employees
Location
- Scatec ASA
- Askekroken 11
- Oslo
- Oslo
- 277
- Norway
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/26 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.