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.
Eqva ASA is a Norwegian engineering company specializing in delivering high-grade mechanical solutions and services in the maritime and energy sectors. The company’s primary function is developing, manufacturing, and maintaining complex equipment and systems for ships, offshore structures, and renewable energy projects. Eqva ASA's commitment to innovation drives its significant role in advancing sustainable solutions, particularly in the fields of offshore wind and low-carbon shipping technologies. Notable features of Eqva ASA include its expertise in providing lifecycle services, including repair and retrofitting, which are crucial for extending the operational life of critical infrastructure in harsh marine environments. Moreover, its solutions not only support the traditional shipping and oil industries but increasingly focus on newer, more sustainable sectors. Eqva ASA's market significance is enhanced by its strategic positioning in Norway, a global leader in maritime and energy sectors. By catering to an international clientele while pushing the boundaries of sustainable engineering, Eqva ASA plays an integral role in the evolution of maritime and energy industries, aligning traditional industrial practices with future-focused sustainable development.
NOK 0.23
NOK 0.00 (-1.68%)
EOD Jul 1, 2026
Operating margin is thin at 3.82%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 20.5%, still solid. Margins contracted 2.2pp, which offsets some of the top-line progress.
Free cash flow declined 18% versus the prior year, cash generation momentum has weakened. ROIC dropped from 10.74% to 7.70%, capital efficiency is deteriorating.
18.3x earnings, 0.2x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 1.41B
▲ +20.5% YoY
Net Income (TTM)
NOK 2M
▲ +34.1% YoY
Op. Margin
2.81%
▼ -2.2pp YoY
ROIC
7.70%
▼ -3.0pp YoY
Cash Flow & Balance Sheet
FCF (FY)
NOK 87M
▼ -17.9% YoY
Op. Cash Flow (FY)
NOK 112M
▼ -0.3% YoY
Net Debt
NOK 217M
Cash & Equiv.
NOK 127M
3Y CAGR: +79.3%
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At a P/E of 18.3 and a price-to-free-cash-flow of 0.2, Eqva ASA (EQVA.XOSL) trades below a two-stage DCF intrinsic value of about NOK 15.37 per share, so at NOK 0.23 the stock looks undervalued (6,467.3% below 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, Eqva ASA scores 54/100 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 15.37 per share for EQVA.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 11.53. At today's NOK 0.23, that puts the stock about 6,467.3% below 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.
Eqva ASA scores 54 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 2.8% operating margin and a 7.7% 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. EQVA.XOSL currently trades below its estimated intrinsic value and scores 54/100 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.