Scatec (OB:SCATC) - Stock Price, News & Analysis

SCATC Stock Overview

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide.

SCATC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	1/6
Dividends	0/6

Rewards

Revenue is forecast to grow 23.86% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 33%

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 0.1% per year for the next 3 years

Large one-off items impacting financial results

Scatec ASA Competitors

Cloudberry Clean Energy

OB:CLOUD

kr2.6b

Canvest Environmental Protection Group

SEHK:1381

HK$9.7b

Xinyi Energy Holdings

SEHK:3868

HK$8.5b

AES Brasil Energia

BOVESPA:AESB3

R$5.5b

Price History & Performance

Summary of all time highs, changes and price drops for Scatec
Historical stock prices
Current Share Price	kr69.70
52 Week High	kr85.50
52 Week Low	kr52.50
Beta	1.44
1 Month Change	-1.83%
3 Month Change	4.42%
1 Year Change	0.14%
3 Year Change	-73.31%
5 Year Change	-19.89%
Change since IPO	268.78%

Recent updates

Here's What To Make Of Scatec's (OB:SCATC) Decelerating Rates Of Return

Apr 10

Why Scatec ASA (OB:SCATC) Could Be Worth Watching

Mar 13

Scatec (OB:SCATC) Is Posting Healthy Earnings, But It Is Not All Good News

Feb 03

Estimating The Fair Value Of Scatec ASA (OB:SCATC)

Dec 01

Does Scatec (OB:SCATC) Have A Healthy Balance Sheet?

Sep 26

Scatec (OB:SCATC) Will Want To Turn Around Its Return Trends

Aug 19

Is Scatec (OB:SCATC) Using Too Much Debt?

Jun 19

Scatec (OB:SCATC) Is Reinvesting At Lower Rates Of Return

May 08

Is Scatec (OB:SCATC) Using Too Much Debt?

Mar 09

Analysts Just Shipped A Notable Upgrade To Their Scatec ASA (OB:SCATC) Estimates

Feb 14

There Are Reasons To Feel Uneasy About Scatec's (OB:SCATC) Returns On Capital

Nov 26

Scatec (OB:SCATC) Use Of Debt Could Be Considered Risky

Oct 25

Industry Analysts Just Upgraded Their Scatec ASA (OB:SCATC) Revenue Forecasts By 11%

Sep 11

This Just In: Analysts Are Boosting Their Scatec ASA (OB:SCATC) Outlook for This Year

Aug 02

Scatec ASA (OB:SCATC) Shares Could Be 33% Above Their Intrinsic Value Estimate

Jul 11

These 4 Measures Indicate That Scatec (OB:SCATC) Is Using Debt In A Risky Way

Jun 26

Downgrade: Here's How Analysts See Scatec ASA (OB:SCATC) Performing In The Near Term

May 11

Scatec's (OB:SCATC) Returns On Capital Not Reflecting Well On The Business

Apr 11

What Is Scatec ASA's (OB:SCATC) Share Price Doing?

Mar 24

Is Scatec (OB:SCATC) Using Too Much Debt?

Jan 19

Does Scatec (OB:SCATC) Have A Healthy Balance Sheet?

Oct 13

Shareholder Returns

	SCATC	NO Renewable Energy	NO Market
7D	-8.8%	-6.4%	-1.0%
1Y	0.1%	-4.7%	2.8%

Return vs Industry: SCATC exceeded the Norwegian Renewable Energy industry which returned -4.7% over the past year.

Return vs Market: SCATC underperformed the Norwegian Market which returned 2.8% over the past year.

Price Volatility

Is SCATC's price volatile compared to industry and market?
SCATC volatility
SCATC Average Weekly Movement	6.8%
Renewable Energy Industry Average Movement	5.0%
Market Average Movement	5.1%
10% most volatile stocks in NO Market	10.5%
10% least volatile stocks in NO Market	2.9%

Stable Share Price: SCATC has not had significant price volatility in the past 3 months.

Volatility Over Time: SCATC's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	622	Terje Pilskog	scatec.com

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity.

Scatec ASA Fundamentals Summary

How do Scatec's earnings and revenue compare to its market cap?
SCATC fundamental statistics
Market cap	kr11.08b
Earnings (TTM)	kr628.00m
Revenue (TTM)	kr3.40b

17.6x

P/E Ratio

3.3x

P/S Ratio

Is SCATC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SCATC income statement (TTM)
Revenue	kr3.40b
Cost of Revenue	kr0
Gross Profit	kr3.40b
Other Expenses	kr2.77b
Earnings	kr628.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)	3.95
Gross Margin	100.00%
Net Profit Margin	18.48%
Debt/Equity Ratio	254.4%

How did SCATC perform over the long term?

See historical performance and comparison

SCATC Stock Overview

Rewards

Risk Analysis

Scatec ASA Competitors

OB:CLOUD

kr2.6b

SEHK:1381

HK$9.7b

SEHK:3868

HK$8.5b

BOVESPA:AESB3

R$5.5b

Price History & Performance

Recent News & Updates

Here's What To Make Of Scatec's (OB:SCATC) Decelerating Rates Of Return

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Why Scatec ASA (OB:SCATC) Could Be Worth Watching

Consensus EPS estimates fall by 17%

Scatec (OB:SCATC) Is Posting Healthy Earnings, But It Is Not All Good News

New major risk - Financial position

Recent updates

Here's What To Make Of Scatec's (OB:SCATC) Decelerating Rates Of Return

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Why Scatec ASA (OB:SCATC) Could Be Worth Watching

Consensus EPS estimates fall by 17%

Scatec (OB:SCATC) Is Posting Healthy Earnings, But It Is Not All Good News

New major risk - Financial position

Scatec ASA Provides Power Production Guidance for the First Quarter 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Globeleq Generation Limited acquired 52.5% stake in 40 MW Mocuba solar power plant in Mozambique from Scatec ASA (OB:SCATC).

Scatec ASA to Report Q4, 2024 Results on Jan 31, 2025

Estimating The Fair Value Of Scatec ASA (OB:SCATC)

Director recently bought kr199k worth of stock

Third quarter 2023 earnings released: EPS: kr0.28 (vs kr1.61 in 3Q 2022)

Consensus EPS estimates fall by 16%

Central Puerto S.A. (BASE:CEPU) completed the acquisition of 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Central Puerto S.A. (BASE:CEPU) completed the acquisition of 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Central Puerto S.A. (BASE:CEPU) reached an agreement to acquire 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina from Scatec ASA (OB:SCATC) and Equinor ASA (OB:EQNR).

Does Scatec (OB:SCATC) Have A Healthy Balance Sheet?

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

New major risk - Revenue and earnings growth

Scatec (OB:SCATC) Will Want To Turn Around Its Return Trends

New major risk - Revenue and earnings growth

Globeleq Generation Limited signed an agreement to acquire 40 MW Mocuba solar power plant in Mozambique from Scatec ASA (OB:SCATC) for $8.5 million.

Is Scatec (OB:SCATC) Using Too Much Debt?

Scatec (OB:SCATC) Is Reinvesting At Lower Rates Of Return

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of kr1.94 per share at 2.5% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

Independent Director recently bought kr200k worth of stock

Is Scatec (OB:SCATC) Using Too Much Debt?

Analysts Just Shipped A Notable Upgrade To Their Scatec ASA (OB:SCATC) Estimates

Full year 2022 earnings released: kr8.40 loss per share (vs kr2.44 profit in FY 2021)

Scatec Asa Proposes Dividend for 2022, Payable Prior to 15 May 2023

Scatec ASA Announces Mikkel Tørud Steps into New Role as EVP Green Hydrogen and Middle East and North Africa Region

Scatec ASA Announces Chief Financial Officer Changes, Effective March 1, 2023

There Are Reasons To Feel Uneasy About Scatec's (OB:SCATC) Returns On Capital

Scatec ASA to Report First Half, 2023 Results on Aug 18, 2023

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Scatec (OB:SCATC) Use Of Debt Could Be Considered Risky

Price target decreased to kr105

Independent Director recently bought kr79k worth of stock

Price target decreased to kr109

Scatec ASA Announces CFO Mikkel Tørud Will Take on A New Executive Management Role in the New Organization

Scatec ASA(OB:SCATC) dropped from Oslo OBX Total Return Index

Industry Analysts Just Upgraded Their Scatec ASA (OB:SCATC) Revenue Forecasts By 11%

Consensus forecasts updated

Consensus EPS estimates fall by 36%

Insider recently sold kr13m worth of stock

This Just In: Analysts Are Boosting Their Scatec ASA (OB:SCATC) Outlook for This Year

Scatec ASA Provides Production Guidance for the Third Quarter and Full Year 2022

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to kr125

Scatec ASA (OB:SCATC) Shares Could Be 33% Above Their Intrinsic Value Estimate

These 4 Measures Indicate That Scatec (OB:SCATC) Is Using Debt In A Risky Way

Consensus forecasts updated

Price target decreased to kr143

Downgrade: Here's How Analysts See Scatec ASA (OB:SCATC) Performing In The Near Term

Independent Director recently bought kr249k worth of stock

Scatec ASA Announces Executive Changes