Scatec ASA

OB:SCATC Stock Report

Market Cap: NOK 12.6b

Scatec Management

Management criteria checks 2/4

Scatec's CEO is Terje Pilskog, appointed in May 2022, has a tenure of 2.58 years. total yearly compensation is NOK5.77M, comprised of 69.1% salary and 30.9% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth NOK42.97M. The average tenure of the management team and the board of directors is 2 years and 2.7 years respectively.

Key information

Terje Pilskog

Chief executive officer

NOK 5.8m

Total compensation

CEO salary percentage69.1%
CEO tenure2.6yrs
CEO ownership0.3%
Management average tenure2yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

Analysts' Revenue Estimates For Scatec ASA (OB:SCATC) Are Surging Higher

Oct 31
Analysts' Revenue Estimates For Scatec ASA (OB:SCATC) Are Surging Higher

Scatec (OB:SCATC) Seems To Be Using A Lot Of Debt

Oct 22
Scatec (OB:SCATC) Seems To Be Using A Lot Of Debt

Does Scatec (OB:SCATC) Deserve A Spot On Your Watchlist?

Sep 14
Does Scatec (OB:SCATC) Deserve A Spot On Your Watchlist?

Scatec's (OB:SCATC) Earnings Are Weaker Than They Seem

Aug 24
Scatec's (OB:SCATC) Earnings Are Weaker Than They Seem

Scatec (OB:SCATC) Has A Somewhat Strained Balance Sheet

Jul 16
Scatec (OB:SCATC) Has A Somewhat Strained Balance Sheet

Is Now An Opportune Moment To Examine Scatec ASA (OB:SCATC)?

Jun 19
Is Now An Opportune Moment To Examine Scatec ASA (OB:SCATC)?

An Intrinsic Calculation For Scatec ASA (OB:SCATC) Suggests It's 45% Undervalued

Jun 04
An Intrinsic Calculation For Scatec ASA (OB:SCATC) Suggests It's 45% Undervalued

Why We're Not Concerned About Scatec ASA's (OB:SCATC) Share Price

May 22
Why We're Not Concerned About Scatec ASA's (OB:SCATC) Share Price

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

Apr 10
Here's What To Make Of Scatec's (OB:SCATC) Decelerating Rates Of Return

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

Mar 13
Why Scatec ASA (OB:SCATC) Could Be Worth Watching

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

Feb 03
Scatec (OB:SCATC) Is Posting Healthy Earnings, But It Is Not All Good News

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

Dec 01
Estimating The Fair Value Of Scatec ASA (OB:SCATC)

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

Sep 26
Does Scatec (OB:SCATC) Have A Healthy Balance Sheet?

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

Aug 19
Scatec (OB:SCATC) Will Want To Turn Around Its Return Trends

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

Jun 19
Is Scatec (OB:SCATC) Using Too Much Debt?

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

May 08
Scatec (OB:SCATC) Is Reinvesting At Lower Rates Of Return

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

Mar 09
Is Scatec (OB:SCATC) Using Too Much Debt?

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

Feb 14
Analysts Just Shipped A Notable Upgrade To Their Scatec ASA (OB:SCATC) Estimates

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

Nov 26
There Are Reasons To Feel Uneasy About Scatec's (OB:SCATC) Returns On Capital

CEO Compensation Analysis

How has Terje Pilskog's remuneration changed compared to Scatec's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 2b

Jun 30 2024n/an/a

NOK 319m

Mar 31 2024n/an/a

NOK 676m

Dec 31 2023NOK 6mNOK 4m

NOK 628m

Sep 30 2023n/an/a

-NOK 176m

Jun 30 2023n/an/a

NOK 35m

Mar 31 2023n/an/a

-NOK 364m

Dec 31 2022NOK 5mNOK 3m

-NOK 1b

Sep 30 2022n/an/a

-NOK 829m

Jun 30 2022n/an/a

-NOK 953m

Mar 31 2022n/an/a

-NOK 763m

Dec 31 2021NOK 4mNOK 3m

NOK 388m

Sep 30 2021n/an/a

-NOK 316m

Jun 30 2021n/an/a

-NOK 504m

Mar 31 2021n/an/a

-NOK 695m

Dec 31 2020NOK 3mNOK 2m

-NOK 478m

Sep 30 2020n/an/a

NOK 68m

Jun 30 2020n/an/a

NOK 156m

Mar 31 2020n/an/a

NOK 229m

Dec 31 2019NOK 3mNOK 2m

-NOK 39m

Sep 30 2019n/an/a

NOK 19m

Jun 30 2019n/an/a

NOK 2m

Mar 31 2019n/an/a

NOK 125m

Dec 31 2018NOK 3mNOK 2m

NOK 140m

Sep 30 2018n/an/a

NOK 59m

Jun 30 2018n/an/a

NOK 428m

Mar 31 2018n/an/a

NOK 317m

Dec 31 2017NOK 2mNOK 2m

NOK 339m

Compensation vs Market: Terje's total compensation ($USD508.56K) is about average for companies of similar size in the Norwegian market ($USD681.73K).

Compensation vs Earnings: Terje's compensation has been consistent with company performance over the past year.

CEO

Terje Pilskog (53 yo)

2.6yrs

Tenure

NOK 5,773,000

Compensation

Mr. Terje Pilskog serves as Chief Executive Officer of Scatec ASA since May 01, 2022. He serves as a Member of the Council at Stiftelsen Det Norske Veritas. Mr. Pilskog served as an Executive Vice Presiden...

Leadership Team

NamePositionTenureCompensationOwnership
Terje Pilskog
Chief Executive Officer2.6yrsNOK 5.77m0.34%
NOK 43.0m
Hans Hegge
Chief Financial Officer1.8yrsNOK 5.87m0.0063%
NOK 792.7k
Pal Helsing
Executive Vice President of Operationsless than a yearNOK 3.85m0.0039%
NOK 491.5k
Siobhan Minnaar
Executive VP & General Counsel1.8yrsNOK 2.95mno data
Roar Haugland
EVP of People14.9yrsNOK 3.39m0.050%
NOK 6.3m
Ann-Mari Lillejord
Executive Vice President of Latin America & Europe2.6yrsNOK 3.16m0.0064%
NOK 802.8k
Ingrid Aarsnes
Vice President of Communications & IRno datano datano data
Meera Bhatia
Senior Vice President of Communicationsno datano datano data
Yoichi Murakami
Senior Vice President of Business Developmentno datano datano data
Eliseo Ana
Executive Vice President of Asia2.1yrsno datano data
Mohamed Amer
Executive Vice President of Green Hydrogen & Egypt1.3yrsno data0.00026%
NOK 32.8k
Andreas Austrell
VP Investor Relationsno datano data0.0010%
NOK 126.0k

2.0yrs

Average Tenure

54yo

Average Age

Experienced Management: SCATC's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Espen Gundersen
Independent Director2.7yrsNOK 462.00k0.0063%
NOK 792.7k
Jorgen Kildahl
Independent Chairman of the Board3.7yrsNOK 462.00k0.0063%
NOK 792.7k
Maria Tallaksen
Directorless than a yearno datano data
Maria Hanssen
Independent Director4.7yrsNOK 426.00k0.0069%
NOK 874.6k
Morten Henriksen
Director1.7yrsNOK 288.00k0.0063%
NOK 792.7k
Pal Kildemo
Directorless than a yearno data0.0031%
NOK 395.7k
Mette Krogsrud
Independent Director2.7yrsNOK 426.00k0.0019%
NOK 238.2k

2.7yrs

Average Tenure

56yo

Average Age

Experienced Board: SCATC's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 07:33
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Scatec ASA is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Naisheng CuiBarclays
Manuel PalomoBNP Paribas Exane
Eivind GarvikCarnegie Investment Bank AB