Scatec Past Earnings Performance

Past criteria checks 4/6

Scatec has been growing earnings at an average annual rate of 4.3%, while the Renewable Energy industry saw earnings growing at 26.3% annually. Revenues have been growing at an average rate of 14.2% per year. Scatec's return on equity is 7.2%, and it has net margins of 7.9%.

Key information

4.3%

Earnings growth rate

4.1%

EPS growth rate

Renewable Energy Industry Growth	29.8%
Revenue growth rate	14.2%
Return on equity	7.2%
Net Margin	7.9%
Next Earnings Update	01 Nov 2024

Recent past performance updates

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

Aug 24

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

Feb 03

Recent updates

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

Jun 04

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

May 22

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

Revenue & Expenses Breakdown

How Scatec makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:SCATC Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	4,021	319	683
31 Mar 24	3,777	676	746
31 Dec 23	3,399	628	780
30 Sep 23	3,266	-175	797
30 Jun 23	3,246	35	813
31 Mar 23	3,119	-364	770
31 Dec 22	3,002	-1,334	738
30 Sep 22	2,991	-829	690
30 Jun 22	3,053	-953	653
31 Mar 22	3,069	-763	614
31 Dec 21	3,038	388	579
30 Sep 21	2,963	-316	500
30 Jun 21	2,848	-504	473
31 Mar 21	2,833	-695	432
31 Dec 20	2,770	-478	404
30 Sep 20	2,649	68	291
30 Jun 20	2,450	156	262
31 Mar 20	2,110	229	238
31 Dec 19	1,811	-39	220
30 Sep 19	1,556	19	192
30 Jun 19	1,307	2	190
31 Mar 19	1,198	125	185
31 Dec 18	1,150	140	178
30 Sep 18	1,125	59	161
30 Jun 18	1,122	428	155
31 Mar 18	1,127	317	149
31 Dec 17	1,121	339	140
30 Sep 17	1,125	420	144
30 Jun 17	1,126	36	130
31 Mar 17	1,061	53	130
31 Dec 16	1,013	4	133
30 Sep 16	978	-16	109
30 Jun 16	900	-12	107
31 Mar 16	871	2	98
31 Dec 15	868	68	94
30 Sep 15	786	30	79
30 Jun 15	715	22	81
31 Mar 15	623	11	82
31 Dec 14	455	-18	78
30 Sep 14	337	-4	66
30 Jun 14	236	-18	58
31 Mar 14	171	-24	54
31 Dec 13	132	-35	51

Quality Earnings: SCATC has a large one-off gain of NOK387.0M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: SCATC's current net profit margins (7.9%) are higher than last year (1.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SCATC has become profitable over the past 5 years, growing earnings by 4.3% per year.

Accelerating Growth: SCATC's earnings growth over the past year (811.4%) exceeds its 5-year average (4.3% per year).

Earnings vs Industry: SCATC earnings growth over the past year (811.4%) exceeded the Renewable Energy industry -13.6%.

Scatec Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

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

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

First quarter 2024 earnings released: kr0.73 loss per share (vs kr1.03 loss in 1Q 2023)

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

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

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

Recent updates

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

Director recently bought kr393k worth of stock

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

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates decrease by 11%, EPS upgraded

Scatec ASA Provides Proportionate Power Production Guidance for the Year 2024

Fortis Green Fund I Rwanda Holdings Ltd, a fund managed by Fortis Green Renewables Investment Management and Axian Energy Green Ltd completed the acquisition of 54% stake in 8.5 MW Agahozo-Shalom Youth Village Solar Power Plant in Rwanda from Scatec ASA (OB:SCATC).

TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire SN Power AS from Scatec ASA (OB:SCATC), Norfund and British International Investment plc.

TotalEnergies SE (ENXTPA:TTE) signed an agreement to acquire SN Power AS from Scatec ASA (OB:SCATC).

Consensus EPS estimates fall by 23%

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

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

Scatec ASA (OB:SCATC) commences an Equity Buyback Plan for 2,801,451 shares, representing 1.76% of its issued share capital, under the authorization approved on April 18, 2024.

Consensus EPS estimates fall by 29%

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

Director recently bought kr365k worth of stock

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

Less than half of directors are independent

Consensus EPS estimates increase by 24%

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: kr0.73 loss per share (vs kr1.03 loss in 1Q 2023)

Scatec ASA Provides Production Guidance for the Year 2024

New major risk - Revenue and earnings growth

Consensus EPS estimates increase by 36%

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%