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.
Ensurge Micropower ASA is a Norwegian technology company specializing in the design, development, and production of solid-state lithium battery products. Formerly known as Thin Film Electronics ASA until its rebranding in June 2021, it leverages advanced roll-to-roll printing technology on stainless steel substrates to manufacture rechargeable microbatteries. These batteries feature solid electrolytes, offering enhanced safety compared to traditional liquid or gel polymer types, along with higher energy density, superior charge-discharge cycling, and flexible form factors. The company's primary products target wearable devices such as hearables, medical and fitness trackers, as well as connected sensors in home and industrial applications. With corporate headquarters in Oslo, Norway, and key R&D and manufacturing facilities in San Jose, California, Ensurge Micropower ASA supports global innovation in flexible electronics. Founded in 2005, it has earned recognition through awards like the IDTechEx Technical Development Manufacturing Award for its pioneering contributions to printed electronics and energy storage solutions, positioning it as a key player in powering next-generation IoT and wearable technologies.
NOK 0.63
+NOK 0.00 (+0.09%)
EOD Jul 2, 2026
The business is unprofitable at the operating level (-38488.00% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 95.7% YoY. Margins deteriorated 20686.3pp alongside, both lines moving the wrong way.
Negative free cash flow of -$16M. The business is consuming cash, not generating it. Operating margin contracted 20686.3pp YoY, cost discipline may be slipping.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$177K
▼ -95.7% YoY
Net Income (TTM)
-$14M
▲ +91.2% YoY
Op. Margin
-6843.50%
▼ -20686.3pp YoY
ROIC
-10.18%
▲ +103.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$17M
▲ +88.2% YoY
Op. Cash Flow (TTM)
-$10M
▲ +91.5% YoY
Net Debt
$3M
Cash & Equiv.
$6M
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Ensurge Micropower ASA (ENSU.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, Ensurge Micropower ASA scores 0/100 on Intrinsiqq's quality scorecard (a lower-quality 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 . This is analysis, not investment advice.
Ensurge Micropower ASA scores 0 out of 100 on Intrinsiqq's quality score, a weighted blend of 4 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -6,843.5% operating margin and a -10.2% 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.
That depends on valuation and quality together, not either alone. you should weigh ENSU.XOSL's valuation and scores 0/100 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.