Otovo ASA (OTOVO) Fair Value & Analysis

Technology · NO · Market cap 860M NOK

Below-average quality, and screening another 80% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (kr 3.50). 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 (45/100) and above fair value, neither a clear bargain nor a standout compounder.
• A fairly wide model range (kr 1.75 to kr 3.50) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range kr 6.38 – kr 298.17 · fair‑value band kr 1.75 – kr 3.50 · the kr 11.70 price screens above the kr 2.35 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

Full chart & analysis →

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Analysis

Otovo ASA (OTOVO) currently trades at kr 11.70, while our model-based Fair Value estimate is kr 2.35, implying the stock looks roughly 79.9% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Otovo ASA generated revenue of 525M NOK at a net margin of -84.0%. Revenue declined 31.5% year over year. Net debt stands at 282M NOK. Fundamentals as of Jul 17, 2026

Our scenario range runs from kr 1.75 (bear case) to kr 3.50 (bull case); at kr 11.70, the current price sits above 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. The share trades about 37% below its 52-week high and 95% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -7% fair-value upside, at -80%, OTOVO screens richer 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.

Key figures & financial health

Quality Score breakdown

About the company

Otovo ASA, together with its subsidiaries, engages in the sale and installation of solar panels and related home energy products in Norway, Sweden, Poland, Italy, Germany, Switzerland, Austria, France, the Netherlands, Belgium, Spain, Portugal, and the United Kingdom. It operates through three segments: Newbuild, Recurring Services, and Field Services.

Full company description

Otovo ASA, together with its subsidiaries, engages in the sale and installation of solar panels and related home energy products in Norway, Sweden, Poland, Italy, Germany, Switzerland, Austria, France, the Netherlands, Belgium, Spain, Portugal, and the United Kingdom. It operates through three segments: Newbuild, Recurring Services, and Field Services. The company offers solar, battery, generator, and electricity plans; and various services, including system inspection, pro cleaning, critter guard, generator tune-up, and removal and reinstall, as well as maintenance, grid, electricity, home energy products renting, and subscription services. It also provides Endurance, an AI-built software and online sales platform that automates workflows across intake, diagnostics, dispatch, procurement, billing, and customer support. The company serves residential and commercial customers. Otovo ASA was incorporated in 2015 and is headquartered in Oslo, Norway.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Otovo ASA reported revenue of kr 567M in FY2025 versus kr 289M in FY2021, a compound +18.3%/yr. Reported net income was −kr 395M in FY2025.

OTOVO screens 80% overvalued. Compare with First Solar, Inc →

Peer Group

Solar · 118 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.

Valuation Multiples vs Solar median · lower = cheaper

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.

VALUE 0: the price sits above our fair-value range.

Values & ESG

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

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.