Okea ASA OKEA

Morningstar Rating

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.

Price vs Fair Value

OKEA is trading at a 259% premium.
Price
NOK 23.64
Fair Value
NOK 88.71
Uncertainty
Very High
1-Star Price
NOK 73.99
5-Star Price
NOK 13.86
Economic Moat
Syrjp
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
1.06
Price/Sales
0.26
Dividend Yield (Trailing)
8.12%
Dividend Yield (Forward)
16.25%
Total Yield
8.12%

Company Profile

Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme. The company generates the majority of its revenue from the sale of liquids.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Value
Total Number of Employees
256

Comparables

Valuation

Metric
OKEA
VARo
AKRBP
Price/Earnings (Normalized)
1.067.526.66
Price/Book Value
3.3512.401.10
Price/Sales
0.261.151.08
Price/Cash Flow
0.662.682.51
Price/Earnings
OKEA
VARo
AKRBP

Financial Strength

Metric
OKEA
VARo
AKRBP
Quick Ratio
0.940.451.00
Current Ratio
1.160.591.13
Interest Coverage
3.44104.46
Quick Ratio
OKEA
VARo
AKRBP

Profitability

Metric
OKEA
VARo
AKRBP
Return on Assets (Normalized)
5.43%4.87%5.70%
Return on Equity (Normalized)
74.65%109.70%17.73%
Return on Invested Capital (Normalized)
29.79%18.00%11.36%
Return on Assets
OKEA
VARo
AKRBP

Oil & Gas E&P Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
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