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5-day change | 1st Jan Change | ||
1.322 NOK | +0.46% | -5.57% | -60.83% |
Feb. 08 | Otovo ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 | CI |
Feb. 08 | Transcript : Otovo ASA, Q4 2023 Earnings Call, Feb 08, 2024 |
Summary
- The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths
- Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by -100% by 2026.
- With regards to fundamentals, the enterprise value to sales ratio is at 0.72 for the current period. Therefore, the company is undervalued.
- The company appears to be poorly valued given its net asset value.
- For several months, analysts have been revising their EPS estimates roughly upwards.
- The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
- As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
- Low profitability weakens the company.
- The company is in debt and has limited leeway for investment
- For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
- The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
- For the past year, analysts have significantly revised downwards their profit estimates.
- The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
- Over the past twelve months, analysts' opinions have been revised negatively.
- Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
- The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.
- Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
Ratings chart - Surperformance
Sector: Renewable Energy Equipment & Services
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-60.83% | 33.66M | - | ||
-32.18% | 1.12B | B- | ||
-25.98% | 1.01B | - | ||
+26.56% | 923M | C+ | ||
+38.70% | 562M | - | ||
+55.36% | 614M | - | - | |
+25.30% | 505M | - | - | |
+34.17% | 180M | - | A | |
+27.78% | 160M | - | - | |
-5.23% | 113M | - | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Technical analysis
- Stock Market
- Equities
- OTOVO Stock
- Ratings Otovo ASA