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.
EAM Solar ASA is a Norwegian investment company that acquires, owns, and operates solar power plants across Europe for long-term ownership. The company generates electricity from its photovoltaic assets and sells it under long-term fixed-price sales contracts, emphasizing best practice operational performance and risk management. It focuses on solar power plants already in operation, while also considering acquisitions of projects under planning or construction once commercial operations commence. Daily management is handled by Energeia AS, with the Board of Directors overseeing investments, divestments, and material contracts. EAM Solar ASA operates as a pure investment vehicle in the renewable energy sector, specifically within utilities, contributing to sustainable power production. The company prioritizes active ownership to support its portfolio of solar assets throughout their lifetime. Founded in 2011 and headquartered in Oslo, Norway, EAM Solar ASA plays a role in the European renewable energy market by providing stable, clean energy solutions through its specialized approach.
NOK 0.08
NOK 0.02 (-21.31%)
EOD Jul 1, 2026
The business is unprofitable at the operating level (-36.09% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 92.9% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -€1M. The business is consuming cash, not generating it.
0.2x earnings. 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)
€1M
▼ -92.9% YoY
Net Income (TTM)
€1M
▲ +92.4% YoY
Op. Margin
-30.69%
▲ +77.4pp YoY
ROIC
-1.41%
▲ +59.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€354K
▼ -85.7% YoY
Op. Cash Flow (TTM)
-€354K
▼ -79.7% YoY
Net Debt
€2M
Cash & Equiv.
€269K
3Y CAGR: -0.1%
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At a P/E of 0.2, EAM Solar ASA (EAM.XOSL)'s valuation is best read against its own history, its peers, and the growth its price implies. 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, EAM Solar ASA scores 25/100 on Intrinsiqq's quality scorecard, weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
EAM Solar ASA scores 25 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -30.7% operating margin and a -1.4% 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. you should weigh EAM.XOSL's valuation and scores 25/100 on quality (lower-quality). 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.