EN DE
Watch Ocean Sun As for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Ocean Sun As (OSUN) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Ocean Sun As stock NOK 0.15, price NOK 0.54, that is 71.5% below the price, quality 40 out of 100. Rating: strongly overvalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Utilities NO · ISIN NO0010887565

OS Ocean Sun As logo Thin data Nov 7, 2026

Ocean Sun As

OSUN · OL
Very expensive, weak quality

Our calculation puts a fair price 71% below what the stock costs today.

Quality 40/100
Revenue last quarter 63% below a year ago.
Fair value kr 0.1530 · Strongly overvalued
Weak Growth (revenue 3y −16.5 %/yr in NOK)
Negative free cash flow
Trails peers (0/7)
Narrow moat 8/100 · thin data
Thin data
⚠ Dilution
Watch Ocean Sun As for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

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

Price vs Fair Value

kr 22.05 kr 0.4110 Fair Value kr 0.1530 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.

How to read this chart

60‑month range kr 0.4110 – kr 22.05 · fair‑value band kr 0.1020 – kr 0.1955 · the kr 0.5360 price screens above the kr 0.1530 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.

Follow Ocean Sun As in your weekly email

Every Wednesday you see whether Ocean Sun As 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.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Ocean Sun AS develops floating power system with solar panels mounted on a hydroelastic membrane. Its system consists of one or multiple floaters anchored side-by-side to build larger power plants. The company was founded in 2016 and is headquartered in Lysaker, Norway.

Stock analysis

Ocean Sun As (OSUN) currently trades at kr 0.5360, while our model-based Fair Value estimate is kr 0.1530, 71% below the price, so the stock looks overvalued today.

Show more

Valuation

How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the data coverage at low.

Scenario range: kr 0.1020 (bear) to kr 0.1955 (bull), the price of kr 0.5360 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 40/100 (below-average quality), in the Utilities sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Ocean Sun As reported revenue of 2.2M NOK in FY2025 versus 238K NOK in FY2021, a compound +74.1%/yr. Reported net income was −20.6M NOK in FY2025.

Key figures

Market cap 49.3M NOK (≈ $5.2M) Micro · P/S ratio 18.9 · EPS (TTM) kr −0.4500 · Return on equity −94.6% · Return on assets (EBIT) −45.2% (5-year average) · Operating margin −4,699% · Revenue (TTM) 2.1M NOK · Revenue growth (YoY) −62.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 8 out of 100 (low confidence).

What moves the price

The share trades about 79% below its 52-week high and 30% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Utilities peers we cover trades at −52% fair-value upside, at −71%, OSUN screens richer than that median.

Fair Value models

Bear kr 0.1020 Fair Value kr 0.1530 Bull kr 0.1955
Price kr 0.5360 · Downside -71.5%
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.
Best data coverage
NCAV (Graham) kr 0.1200 kr 0.1800 kr 0.2300 52
All 1 models by family
Asset-Based
NCAV (Graham) kr 0.1200 kr 0.1800 kr 0.2300 52

The fair value above starts from this blend and is adjusted for dilution from new shares.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 40/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 3
How much profit the company makes from its sales and capital
Quality Growth 20
Are margins and returns getting better?
Cashflow 34
Do the profits arrive as real cash?
Financial strength 77
Debt, balance sheet and risk of trouble
Investment 100
Does it invest with discipline instead of growing at any price?
Low Volatility 50
How calm the share price moves, does not count
Price momentum 20
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 3
Distance to the 52-week high, does not count
New shares 23
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 30/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−69.6%
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.
−16.5%
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.
+13.8%
Start year 2020 (pandemic)
Revenue growth 8 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.
+14.3%
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.
−933.0% (2020) → −967.4% (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

OSUN screens overvalued: fair value 71% below the price. Compare with China Yangtze Power Co →

Compare Ocean Sun As with another stock

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.Utilities - Renewable · 196 stocks

Beats the industry median on 0/6 measures
Overall it trails its industry peers.
Valuation
Quality Score 40 · Below median
Fair Value upside −71.5% · Bottom 25%
Profitability
Return on assets −83.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −62.5% · Bottom 25%

Valuation Multiplesvs Utilities - Renewable median · lower = cheaper

P/B 2.87× · Priciest 25%
P/S (12 months) 23.50× · Priciest 25%

Context: sector, industry, market

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 Utilities - Renewable stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
BEP BEP $31.14 $72.13 +132% vs OSUN
China Yangtze Power Co 600900 ¥29.91 ¥32.21 +8% vs OSUN
SDIC Power Holdings 600886 ¥15.81 ¥17.01 +8% vs OSUN
VERBUND AG VER €72.70 €66.45 −9% vs OSUN
Fortum Oyj FORTUM €23.19 €11.12 −52% vs OSUN
Huaneng Lancang River Hydropower Inc 600025 ¥10.97 ¥4.45 −59% vs OSUN
Public Power Corporation PPC €23.14 €6.43 −72% vs OSUN
EDP Renewables, S.A EDPR €14.49 €3.67 −75% vs OSUN
Ørsted A/S ORSTED kr 148.70 kr 33.25 −78% vs OSUN
Adani Green Energy Limited ADANIGREEN ₹1,424 ₹170.50 −88% vs OSUN

Explore undervalued stocks

More undervalued Utilities stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

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.

Ocean Sun As: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Ocean Sun As Fair Value". https://www.fairvalue-calculator.com/stock/OSUN

Frequently asked questions

Is Ocean Sun As (OSUN) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of kr 0.1530 versus a price of kr 0.5360, about 71% lower (overvalued).
What is the fair value of OSUN?
Our model-based fair value for Ocean Sun As is kr 0.1530 (as of Nov 7, 2026), built from audited fundamentals. The current price: kr 0.5360.
What is the quality score of OSUN?
Ocean Sun As has a Quality Score of 40/100. 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 Ocean Sun As (OSUN)?
Our model-based price target is the fair value of kr 0.1530 (as of Nov 7, 2026) from 1 valuation models. Cautious scenario kr 0.1020, optimistic scenario kr 0.1955. It is a calculation from audited fundamentals, not an analyst target.
What is the Ocean Sun As stock forecast for 2026?
Our models put fair value at kr 0.1530, about 71% lower versus a price of kr 0.5360 (overvalued). Cautious scenario kr 0.1020, optimistic scenario kr 0.1955. The calculation is refreshed regularly with new filings.
What is the revenue of Ocean Sun As (OSUN)?
Ocean Sun As reported trailing-twelve-month revenue of about 2.1M NOK (latest available figure, as of Nov 7, 2026).
What is the intrinsic value of Ocean Sun As (OSUN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ocean Sun As it is kr 0.1530 per share (as of Nov 7, 2026), against a price of kr 0.5360. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is Ocean Sun As stock overvalued or undervalued in 2026?
As of Nov 7, 2026, OSUN trades above its calculated fair value: price kr 0.5360, fair value kr 0.1530, a gap of about −71% (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 OSUN?
No. The price is what the market pays today (kr 0.5360); the fair value is what the company's own numbers justify (kr 0.1530). For Ocean Sun As the two are kr 0.3830 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ocean Sun As worth?
The market values Ocean Sun As at about 49.3M NOK (market capitalisation, as of Nov 7, 2026). Per share that is kr 0.5360; our models calculate a fair value of kr 0.1530 per share.
What do the bullish and bearish scenarios say about OSUN?
Our models span a range for Ocean Sun As: cautious scenario kr 0.1020, base kr 0.1530, optimistic kr 0.1955 per share (as of Nov 7, 2026, price kr 0.5360). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ocean Sun As (OSUN)?
Balance-sheet figures for Ocean Sun As (as of Nov 7, 2026): return on equity −94.6%. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is OSUN from its 52-week high?
Ocean Sun As trades at kr 0.5360, about 79% below its 52-week high of kr 2.59 and 30% above the low of kr 0.4110 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 0.1530 is for.
Which stocks are comparable to Ocean Sun As?
From the same area (Utilities) we also value China Yangtze Power Co, Ørsted A/S, Huaneng Lancang River Hydropower Inc, VERBUND AG, 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 Ocean Sun As stock attractive at the current price?
The data as of Nov 7, 2026: price kr 0.5360, calculated fair value kr 0.1530 (−71%), Quality Score 40/100, from 1 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 OSUN calculated?
We run Ocean Sun As through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of kr 0.1530 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. Ocean Sun As 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 Ocean Sun As (OSUN)?
The closing price on Nov 6, 2026 was kr 0.5360. Our model-based fair value is kr 0.1530, about 71% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ocean Sun As right now?
The price sits above even our optimistic bull case (kr 0.1955). The favourable scenario is already priced in. Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (kr 0.1020 to kr 0.1955) leaves room in how you read the outcome.

Key figures of Ocean Sun As

How large is the market capitalisation of Ocean Sun As (OSUN)?
The market capitalisation of Ocean Sun As is 49.3M NOK (≈ $5.2M). 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 Ocean Sun As (OSUN)?
The price-to-sales ratio of Ocean Sun As is 18.9 (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 Ocean Sun As (OSUN)?
Earnings per share at Ocean Sun As are kr −0.4500. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Ocean Sun As (OSUN)?
The return on equity (ROE) of Ocean Sun As is −94.6% (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 Ocean Sun As (OSUN)?
On an EBIT basis the return on assets of Ocean Sun As is −45.2% (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 Ocean Sun As (OSUN)?
The operating margin of Ocean Sun As is −4,699% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ocean Sun As (OSUN)?
Revenue at Ocean Sun As is growing −62.5% versus a year earlier (3y avg −16.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Ocean Sun As (OSUN) generate?
The free cash flow of Ocean Sun As is −21.9M NOK (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
Free · no account needed

Watch Ocean Sun As in the live analysis

One click puts Ocean Sun As on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.