Avance Gas Holding Ltd

OM:AGASO Stock Report

Market Cap: NOK 6.7b

Avance Gas Holding Valuation

Is AGASO 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
NOK 12.42
Fair Value
608.7% overvalued intrinsic discount
4
Number of Analysts

Below Fair Value: AGASO (NOK88) is trading above our estimate of fair value (NOK12.42)

Significantly Below Fair Value: AGASO is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As AGASO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AGASO. This is calculated by dividing AGASO's market cap by their current earnings.
What is AGASO's PE Ratio?
PE Ratio2x
EarningsUS$294.41m
Market CapUS$595.96m

Price to Earnings Ratio vs Peers

How does AGASO's PE Ratio compare to its peers?

The above table shows the PE ratio for AGASO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.1x
NAT Nordic American Tankers
9x-9.0%US$570.0m
ASC Ardmore Shipping
3.3x-28.5%US$489.4m
TEN Tsakos Energy Navigation
3.3x15.4%US$538.8m
542543 Energy Infrastructure Trust
20.8xn/a₹59.1b
AGASO Avance Gas Holding
2x-99.3%NOK 6.7b

Price-To-Earnings vs Peers: AGASO is good value based on its Price-To-Earnings Ratio (2x) compared to the peer average (9.1x).

Price to Earnings Ratio vs Industry

How does AGASO's PE Ratio compare vs other companies in the European Oil and Gas Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AGASO 2.0xIndustry Avg. 9.0xNo. of Companies17PE0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AGASO is good value based on its Price-To-Earnings Ratio (2x) compared to the European Oil and Gas industry average (9x).

Price to Earnings Ratio vs Fair Ratio

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

AGASO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AGASO's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

The above table shows the analyst AGASO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 88.00
NOK 99.75
+13.4%
26.2%NOK 131.00NOK 71.00n/a4
Feb ’26NOK 85.00
NOK 99.75
+17.4%
26.2%NOK 131.00NOK 71.00n/a4
Jan ’26n/a
NOK 108.25
0%
20.9%NOK 131.00NOK 71.00n/a4
Dec ’25n/a
NOK 130.67
0%
12.2%NOK 150.00NOK 111.00n/a3
Nov ’25n/a
NOK 130.00
0%
12.9%NOK 150.00NOK 109.00n/a3
Oct ’25n/a
NOK 130.00
0%
12.9%NOK 150.00NOK 109.00n/a3
Sep ’25n/a
NOK 139.33
0%
5.7%NOK 150.00NOK 131.00n/a3
Aug ’25n/a
NOK 190.00
0%
2.1%NOK 195.00NOK 185.00n/a3
Jul ’25n/a
NOK 193.00
0%
1.1%NOK 195.00NOK 190.00n/a3
Jun ’25n/a
NOK 193.00
0%
1.1%NOK 195.00NOK 190.00n/a3
May ’25n/a
NOK 156.00
0%
7.5%NOK 168.00NOK 140.00n/a3
Apr ’25n/a
NOK 156.00
0%
7.5%NOK 168.00NOK 140.00n/a3
Mar ’25n/a
NOK 156.00
0%
7.5%NOK 168.00NOK 140.00n/a3
Feb ’25n/a
NOK 155.00
0%
19.3%NOK 178.00NOK 104.00NOK 85.004
Jan ’25n/a
NOK 158.50
0%
19.9%NOK 178.00NOK 104.00n/a4
Dec ’24n/a
NOK 158.50
0%
19.9%NOK 178.00NOK 104.00n/a4
Nov ’24n/a
NOK 153.33
0%
10.1%NOK 175.00NOK 140.00n/a3
Oct ’24n/a
NOK 114.33
0%
4.3%NOK 120.00NOK 108.00n/a3
Sep ’24n/a
NOK 114.33
0%
4.3%NOK 120.00NOK 108.00n/a3
Aug ’24n/a
NOK 104.00
0%
7.7%NOK 115.00NOK 96.00n/a3
Jul ’24n/a
NOK 106.33
0%
5.8%NOK 115.00NOK 101.00n/a3
Jun ’24n/a
NOK 106.33
0%
5.8%NOK 115.00NOK 101.00n/a3
May ’24n/a
NOK 82.00
0%
14.7%NOK 91.00NOK 65.00n/a3
Apr ’24n/a
NOK 83.33
0%
15.7%NOK 95.00NOK 65.00n/a3
Mar ’24n/a
NOK 77.67
0%
15.8%NOK 95.00NOK 68.00n/a3
Feb ’24n/a
NOK 70.00
0%
5.8%NOK 75.00NOK 65.00n/a3
Analyst Price Target
Consensus Narrative from 4 Analysts
NOK 100.78
Fair Value
12.7% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/11 20:40
End of Day Share Price 2025/02/11 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.

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 Github.

Analyst Sources

Avance Gas Holding Ltd is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Erik StavsethArctic Securities ASA
Gregory LewisBTIG