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.
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.
Cloudberry Clean Energy ASA is a Nordic renewable energy company specializing in the development, ownership, production, and operation of clean energy assets, primarily hydropower plants, wind farms, solar power projects, and energy storage facilities. Headquartered in Oslo, Norway, and founded in 2017, the company operates across Norway, Sweden, Denmark, and Switzerland through segments including Projects, Commercial, and Asset Management, focusing on sustainable growth and profitable expansion in the renewables sector. Notable features include its diversified portfolio, such as large-scale hydropower and wind assets, hybrid solar-wind projects like Nees Hede in Denmark (210 MW capacity), and recent acquisitions like a small-scale hydro platform with Swiss Life Asset Managers. Cloudberry Clean Energy ASA emphasizes local partnerships, minimal environmental impact, and contributions to regional economic development while producing renewable energy to power the transition to a sustainable future. In the financial markets, it holds significance in the Scandinavian utilities-renewable industry, leveraging abundant regional resources and supportive regulations to meet Europe's rising demand for green energy. With around 50 employees and led by CEO Anders J. Lenborg, the company remains committed to innovation and stakeholder value creation.
NOK 1.10
+NOK 0.03 (+2.42%)
EOD Jul 1, 2026
The business is unprofitable at the operating level (-0.20% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 33.7% YoY with margins expanding 6.6pp.
Negative free cash flow of -NOK 7M. The business is consuming cash, not generating it.
2.0x earnings, 90.5x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 589M
▲ +33.7% YoY
Net Income (TTM)
NOK 192M
▼ -31.5% YoY
Op. Margin
6.45%
▲ +6.6pp YoY
ROIC
-0.01%
▲ +0.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 4M
▲ +74.1% YoY
Op. Cash Flow (TTM)
NOK 252M
▼ -46.8% YoY
Net Debt
NOK 2.42B
Cash & Equiv.
NOK 893M
3Y CAGR: +35.0%
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At a P/E of 2.0 and a price-to-free-cash-flow of 90.5, Cloudberry Clean Energy ASA (CLOUD.XOSL) trades above a two-stage DCF intrinsic value of about NOK -7.07 per share, so at NOK 1.10 the stock looks overvalued (741.9% 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, Cloudberry Clean Energy ASA scores 55/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. 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 -7.07 per share for CLOUD.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 -5.31. At today's NOK 1.10, that puts the stock about 741.9% 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.
Cloudberry Clean Energy ASA scores 55 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 6.5% operating margin and a -0.0% 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.
That depends on valuation and quality together, not either alone. CLOUD.XOSL currently trades above its estimated intrinsic value and scores 55/100 on quality (mixed). 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.