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Ocean GeoLoop A/S (OCEAN) Fair Value & Analysis

Industrials · NO · Market cap 63.5M NOK (≈ $6.8M)

OG Ocean GeoLoop A/S OCEAN · OL
Pricekr 0.4300
Fair Valuekr 1.25
Upside+190.7%
Quality41/100
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Strengths

Trades 66% below our fair value of kr 1.25

Risks

!Mixed Growth (revenue 3y +16.7 %/yr)
!Loss-making · -59.7% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (4/10)
Mixed Growth (revenue 3y +16.7 %/yr)
Loss-making · -59.7% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 11/100
Evidence: Low Range kr 0.9300 – kr 1.57 Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated 15 days ago

Share price −2.3% over the past month.

Below-average quality, trading 66% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (kr 0.9300). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

kr 35.50 kr 0.4180 Fair Value kr 1.25 Mar 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

54‑month range kr 0.4180 – kr 35.50 · fair‑value band kr 0.9300 – kr 1.57 · the kr 0.4300 price screens below the kr 1.25 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Ocean GeoLoop A/S (OCEAN) currently trades at kr 0.4300, while our model-based Fair Value estimate is kr 1.25, implying the stock looks roughly 190.7% undervalued today. The Quality Score stands at 41/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, Ocean GeoLoop A/S generated revenue of 205M NOK at a net margin of -59.7%. Revenue declined 25.0% year over year. Net debt stands at 3.3M NOK. Fundamentals as of Aug 13, 2026

Our scenario range runs from kr 0.9300 (bear case) to kr 1.57 (bull case); at kr 0.4300, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Industrials peers we cover trades at -42% fair-value upside, at 191%, OCEAN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
EV/EBITDA kr 1.05 kr 1.37 kr 1.68 54
NCAV (Graham) kr 0.1700 kr 0.2300 kr 0.3400 50
All 2 models by family
Multiples
EV/EBITDA kr 1.05 kr 1.37 kr 1.68 54
Asset-Based
NCAV (Graham) kr 0.1700 kr 0.2300 kr 0.3400 50

Widest divergence: Multiples (kr 1.37) versus Asset-Based (kr 0.2300). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

P/S ratio 0.31 TTM
EPS (TTM) kr -1.84
Net margin -60.0% FY2025
Return on equity -107% TTM
Return on assets (EBIT) -24.8% avg 5y
Operating margin -39.7% TTM
More key figures
Growth
Revenue (TTM) 205M NOK TTM
Revenue growth (YoY) -25.0% 3y avg +16.7%
Balance sheet & cash flow
Free cash flow −64.1M NOK FY2025
Net debt 3.3M NOK FY2022

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 39 · Market factors (momentum, volatility) 18

Profitability 25
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Ocean GeoLoop AS, a green tech company, develops point source carbon capture in Norway. It offers GeoLoop CC technology, which captures point source CO2 emissions without the use of amines or harmful process chemicals. The company was founded in 2006 and is headquartered in Verdal, Norway.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ocean GeoLoop A/S reported revenue of kr 204M in FY2025 versus kr 300K in FY2021, a compound +410.4%/yr. Reported net income was −kr 122M in FY2025.

Growth Quality 28/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
204M NOK
Latest YoY
−12.3%
Avg. revenue growth/yr (3Y) 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.
+16.7%
Value creation/yr 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
Revenue +410.4%/yr
FY21 kr 300K
FY22 kr 128M
FY23 kr 170M
FY24 kr 232M
FY25 kr 204M
Net income
FY21 −kr 51.8M
FY22 −kr 48.1M
FY23 −kr 43.8M
FY24 −kr 40.2M
FY25 −kr 122M

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Cite: Fair Value Calculator (2026). "Ocean GeoLoop A/S Fair Value". https://www.fairvalue-calculator.com/stock/OCEAN

Peer Group

Pollution & Treatment Controls · 95 stocks

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.

Quality Score 39 · Bottom 25%
Fair Value upside +191% · Top 25%
Return on assets -19% · Bottom 25%
Net margin (TTM) -60% · Bottom 25%
Operating margin (TTM) -40% · Bottom 25%
Revenue growth -25% · Bottom 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Pollution & Treatment Controls median · lower = cheaper

P/B 0.13× · Cheaper than 75% of peers
P/S (TTM) 0.03× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 0
FUTURE0 · sector 6
PAST0 · sector 16
HEALTH99 · sector 95
DIVIDEND0 · sector 43

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Zurn Elkay Water Solutions Corporation ZWS $51.02 $24.92 -51%
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Fujian Longking Co 600388 ¥17.41 ¥15.59 -10%
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China Conch Venture Holdings 0586 HK$8.50 HK$10.70 +26%
Mega Union Technology Inc 6944 716.00 TWD 415.06 TWD -42%
MayAir Technology (China) Co 688376 ¥71.82 ¥18.80 -74%
Jingjin Equipment Inc 603279 ¥12.41 ¥18.97 +53%

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Frequently asked questions

Is Ocean GeoLoop A/S (OCEAN) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of kr 1.25 versus a price of kr 0.4300, about +191% (undervalued).
What is the fair value of OCEAN?
Our model-based fair value for Ocean GeoLoop A/S is kr 1.25 (as of Aug 13, 2026), built from audited fundamentals. The current price: kr 0.4300.
What is the quality score of OCEAN?
Ocean GeoLoop A/S has a Quality Score of 41/100. 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 revenue of Ocean GeoLoop A/S (OCEAN)?
Ocean GeoLoop A/S reported trailing-twelve-month revenue of about 205M NOK (latest available figure, as of Aug 13, 2026).
What is the net profit margin of OCEAN?
The net profit margin of Ocean GeoLoop A/S is about -59.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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