Orsted AS DOGEF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Orsted Net Loss Widens After Hefty Impairments — 2nd Update
-
Orsted Net Loss Widens After Hefty Impairments — Update
-
Orsted Reports Widened Net Loss After Booking Hefty Impairments
-
Orsted to Install Tesla Battery Energy Storage System in U.K.
-
Equinor and Ørsted New York State Offshore Wind Projects Advance
-
New Jersey to get $125 million from Orsted after offshore wind projects halted
-
New Jersey to Receive $125 Million From Orsted After Offshore Wind Projects Halted
-
Orsted Backs 2024 Guidance After Earnings Decline
Trading Information
- Previous Close Price
- $65.76
- Day Range
- $61.94–65.45
- 52-Week Range
- $35.31–69.41
- Bid/Ask
- $61.43 / $66.71
- Market Cap
- $27.01 Bil
- Volume/Avg
- 309 / 343
Key Statistics
- Price/Earnings (Normalized)
- 8.40
- Price/Sales
- 3.65
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2023. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the US Orsted also operates 4.8 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Large Value
- Total Number of Employees
- 8,411
- Website
- https://www.orsted.com
Competitors
Valuation
Metric
|
DOGEF
|
IBE
|
SSE
|
---|---|---|---|
Price/Earnings (Normalized) | 8.40 | 14.66 | 11.42 |
Price/Book Value | 3.33 | 1.61 | 2.22 |
Price/Sales | 3.65 | 1.89 | 1.96 |
Price/Cash Flow | 12.07 | 8.59 | 7.19 |
Price/Earnings
DOGEF
IBE
SSE
Financial Strength
Metric
|
DOGEF
|
IBE
|
SSE
|
---|---|---|---|
Quick Ratio | 1.08 | 0.60 | 0.76 |
Current Ratio | 1.48 | 0.77 | 1.10 |
Interest Coverage | −3.35 | 4.98 | 8.21 |
Quick Ratio
DOGEF
IBE
SSE
Profitability
Metric
|
DOGEF
|
IBE
|
SSE
|
---|---|---|---|
Return on Assets (Normalized) | −1.56% | 4.79% | 6.37% |
Return on Equity (Normalized) | −7.23% | 14.40% | 20.08% |
Return on Invested Capital (Normalized) | −1.32% | 7.51% | 9.01% |
Return on Assets
DOGEF
IBE
SSE
Utilities - Renewable Industry Comparables
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