Akastor ASA (AKAST) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Akastor ASA stock NOK 1.66, price NOK 10.80, that is 84.6% below the price, quality 57 out of 100. Rating: strongly overvalued. Calculated from audited financials with 7 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range kr 4.03 – kr 13.90 · fair‑value band kr 1.26 – kr 2.19 · the kr 10.80 price screens above the kr 1.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
Follow Akastor in your weekly email
Every Wednesday you see whether Akastor is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company operates through HMH, AKOFS Offshore, DDW Offshore, and Other holdings segments.
Show moreShow less
Its HMH segments offer delivery capabilities, capital, industry experience and delivers offshore drilling equipment products and packages on scale.
The AKOFS Offshore segment provides vessel-based subsea well construction, installation and intervention services to the oil and gas industry, covering all phases from development to project execution, and offshore operations.
Its DDW Offshore three Anchor Handling Tug Supply AHTS vessels, operate and support clients, and handling, towing, and supply services. The other holding segment offers joint venture fon energy services, and equity instruments.
It also includes anchor-handling, towing, and supply services to offshore oil and gas fields. In addition, the company offers a range of offshore drilling equipment products and packages. Further, it owns offshore vessels and anchor handling tug supply vessels.
Akastor ASA was founded in 1841 and is based in Bærum, Norway.
Stock analysis
Akastor ASA (AKAST) currently trades at kr 10.80, while our model-based Fair Value estimate is kr 1.66, 85% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of kr 12.79 per share, and 1 of the 7 models we run sit above the kr 10.80 price.
Bear case: the Multiples group reads lowest at kr 0.7100, and 6 of the 7 models stay below the price. Data coverage for this calculation is low.
Scenario range: kr 1.26 (bear) to kr 2.19 (bull), the price of kr 10.80 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 57/100 (solid quality), in the Energy sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Akastor ASA reported revenue of 390M NOK in FY2025 versus 913M NOK in FY2021, a compound −19.2%/yr. Reported net income was −148M NOK in FY2025.
Key figures
Market cap 2.9B NOK (≈ $312M) Small · P/E ratio 21.6 · P/S ratio 5.14 · EPS (TTM) kr 0.5000 · Net margin 25.7% · Return on equity 2.7% · Return on assets (EBIT) 2.0% (5-year average) · Operating margin 54.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −32% fair-value upside, at −85%, AKAST screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (kr 0.7100 to kr 12.79). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bearkr 1.26Fair Value kr 1.66Bullkr 2.19
Price kr 10.80 · Downside -84.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+33.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−27.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−38.9%
Start year 2020 (pandemic). Over 10 years: −30.8% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−20.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
4.1% (2019) → −42.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+38.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Norway: IMF forecast 2.4% a year to 2030, 3.3% from 2016 to 2025) that is about +34.8% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas Equipment & Services · 166 stocks
Beats the industry median on 8/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside−84.6% · Bottom 25%
Profitability
Return on equity (12 months)2.7% · Below median
Return on assets−2.5% · Bottom 25%
Net margin (12 months)25.7% · Top 25%
Operating margin (12 months)54.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)97.5% · Top 25%
Dividend yield (12 months)22.2% · Top 25%
Balance sheet
Debt / equity0.04× · Below median
Valuation Multiplesvs Oil & Gas Equipment & Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Akastor ASA Fair Value". https://www.fairvalue-calculator.com/stock/AKAST
Frequently asked questions
Is Akastor ASA (AKAST) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of kr 1.66 versus a price of kr 10.80, about 85% lower (overvalued).
What is the fair value of AKAST?
Our model-based fair value for Akastor ASA is kr 1.66 (as of Nov 9, 2026), built from audited fundamentals. The current price: kr 10.80.
What is the quality score of AKAST?
Akastor ASA has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Akastor ASA (AKAST)?
Our model-based price target is the fair value of kr 1.66 (as of Nov 9, 2026) from 7 valuation models. Cautious scenario kr 1.26, optimistic scenario kr 2.19. It is a calculation from audited fundamentals, not an analyst target.
What is the Akastor ASA stock forecast for 2026?
Our models put fair value at kr 1.66, about 85% lower versus a price of kr 10.80 (overvalued). Cautious scenario kr 1.26, optimistic scenario kr 2.19. The calculation is refreshed regularly with new filings.
What is the revenue of Akastor ASA (AKAST)?
Akastor ASA reported trailing-twelve-month revenue of about 573M NOK (latest available figure, as of Nov 9, 2026).
What growth is priced into Akastor ASA (AKAST)?
For today's price to be fair in a discounted-cash-flow model, Akastor ASA would have to grow free cash flow by +38.1 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -38.9 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of AKAST use?
Our models discount Akastor ASA at 9.6 %: a base by market capitalisation (small), damped by beta 0.07, country premium for Norway. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Akastor ASA that is +38.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has Akastor ASA (AKAST) delivered so far?
Over the past 5 years revenue at Akastor ASA grew -38.9 % a year. The price currently implies free-cash-flow growth of +38.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Akastor ASA (AKAST) growing?
The median revenue growth in the sector is +14.3 % a year. That is the yardstick for the growth priced into Akastor ASA (+38.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Akastor ASA (AKAST)?
The free-cash-flow yield on the price is 1.12 %: that much free cash flow Akastor ASA produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Akastor ASA (AKAST)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Akastor ASA it is kr 1.66 per share (as of Nov 9, 2026), against a price of kr 10.80. It is the blended result of 7 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Akastor ASA stock overvalued or undervalued in 2026?
As of Nov 9, 2026, AKAST trades above its calculated fair value: price kr 10.80, fair value kr 1.66, a gap of about −85% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of AKAST?
No. The price is what the market pays today (kr 10.80); the fair value is what the company's own numbers justify (kr 1.66). For Akastor ASA the two are kr 9.14 per share apart. That gap is exactly why we show both numbers side by side.
How much is Akastor ASA worth?
The market values Akastor ASA at about 2.9B NOK (market capitalisation, as of Nov 9, 2026). Per share that is kr 10.80; our models calculate a fair value of kr 1.66 per share.
What do the bullish and bearish scenarios say about AKAST?
Our models span a range for Akastor ASA: cautious scenario kr 1.26, base kr 1.66, optimistic kr 2.19 per share (as of Nov 9, 2026, price kr 10.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AKAST?
Akastor ASA trades at a price-to-earnings ratio of 21.6 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 1.66 is built from several models across several years. Other multiples: PEG 0.1, P/B 0.6, P/S 5.1, EV/EBITDA 12.7.
What is the PEG ratio of AKAST?
The PEG ratio of Akastor ASA is 0.13 (P/E divided by earnings growth, as of Nov 9, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Akastor ASA (AKAST)?
Balance-sheet figures for Akastor ASA (as of Nov 9, 2026): return on equity 2.7%, debt of 0.04 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is AKAST from its 52-week high?
Akastor ASA trades at kr 10.80, about 22% below its 52-week high of kr 13.90 and 18% above the low of kr 9.17 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 1.66 is for.
Which stocks are comparable to Akastor ASA?
From the same area (Energy) we also value SLB N.V, Baker Hughes Company, Tenaris S.A, Halliburton Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Akastor ASA stock attractive at the current price?
The data as of Nov 9, 2026: price kr 10.80, calculated fair value kr 1.66 (−85%), Quality Score 57/100, from 7 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of AKAST calculated?
We run Akastor ASA through 7 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of kr 1.66 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Akastor ASA itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Akastor ASA (AKAST)?
The closing price on Nov 6, 2026 was kr 10.80. Our model-based fair value is kr 1.66, about 85% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Akastor ASA right now?
The price sits above even our optimistic bull case (kr 2.19). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Akastor ASA
How large is the market capitalisation of Akastor ASA (AKAST)?
The market capitalisation of Akastor ASA is 2.9B NOK (≈ $312M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Akastor ASA (AKAST)?
The price-to-sales ratio of Akastor ASA is 5.14 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Akastor ASA (AKAST)?
Earnings per share at Akastor ASA are kr 0.5000 (price ÷ EPS = P/E 21.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Akastor ASA (AKAST)?
The net margin of Akastor ASA is 25.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Akastor ASA (AKAST)?
The return on equity (ROE) of Akastor ASA is 2.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Akastor ASA (AKAST)?
On an EBIT basis the return on assets of Akastor ASA is 2.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Akastor ASA (AKAST)?
The operating margin of Akastor ASA is 54.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Akastor ASA (AKAST)?
Revenue at Akastor ASA is growing +97.5% versus a year earlier (3y avg −27.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Akastor ASA (AKAST)?
Earnings per share at Akastor ASA are growing −91.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Akastor ASA (AKAST) carry?
The net debt of Akastor ASA is 235M NOK (fiscal year 2025, ≈ 7.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Akastor ASA in the live analysis
One click puts Akastor ASA on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 9, 2026