Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Akastor ASA is an oil-services investment company headquartered at Fornebu outside Oslo, Norway, managing a diverse portfolio of industrial and financial holdings primarily in the oilfield services sector. Established in 2014 following a demerger from Aker Solutions, it traces its roots to the Aker Group, founded over 170 years ago in 1841. With a flexible mandate for active ownership, Akastor focuses on long-term value creation through strategic oversight, transactions, and integration of portfolio companies. Key holdings include MHWirth, a global leader in integrated drilling solutions and services with advanced engineering for offshore rigs; AKOFS Offshore, providing subsea well construction and intervention via specialized vessels; and AGR, offering well design, project management, and reservoir services. Partial stakes cover workforce specialist NES Fircroft and others in vapour recovery and drilling. As of end-2024, net capital employed stood at NOK 5.0 billion, underscoring its scale in energy markets. Akastor emphasizes responsible ownership, advancing energy transition initiatives like carbon capture, offshore wind, and digital solutions while supporting UN Sustainable Development Goals in decent work, responsible consumption, climate action, and governance. Aker Holding AS holds 36.7% ownership, positioning Akastor as a significant player in industrial investments.
NOK 13.32
NOK 0.28 (-2.06%)
EOD Jul 1, 2026
The business is unprofitable at the operating level (-4.10% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 57.7% YoY. Margins deteriorated 71.6pp alongside, both lines moving the wrong way.
At 26x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 98% versus the prior year, cash generation momentum has weakened.
26.3x earnings, 117.1x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 497M
▼ -57.7% YoY
Net Income (TTM)
NOK 138M
▼ -109.0% YoY
Op. Margin
21.53%
▼ -71.6pp YoY
ROIC
-0.21%
▼ -10.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 31M
▼ -98.0% YoY
Op. Cash Flow (TTM)
NOK 50M
▼ -96.0% YoY
Net Debt
-NOK 35M
Net Cash Position
Cash & Equiv.
NOK 319M
3Y CAGR: +13.5%
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At a P/E of 26.3 and a price-to-free-cash-flow of 117.1, Akastor ASA (AKAST.XOSL) trades above a two-stage DCF intrinsic value of about NOK 2.10 per share, so at NOK 13.32 the stock looks overvalued (84.2% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Akastor ASA scores 58/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 5.6%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about NOK 2.10 per share for AKAST.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around NOK 1.57. At today's NOK 13.32, that puts the stock about 84.2% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Akastor ASA scores 58 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 21.5% operating margin and a -0.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Akastor ASA pays a regular dividend of about NOK 0.75 per share per year (typically in quarterly installments), a yield of roughly 5.6% at the current price. That is a payout ratio of about 147.8% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For AKAST.XOSL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. AKAST.XOSL currently trades above its estimated intrinsic value and scores 58/100 on quality (mixed). It also yields about 5.6%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.