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.
Saga Pure ASA is a listed investment company headquartered in Oslo, Norway, focused on deploying capital into sustainability-driven opportunities and other high-potential assets. Incorporated in 2010 and formerly known as Saga Tankers ASA until its rebranding in November 2020, the firm invests in both listed and private companies across key sectors shaping the global energy transition. Its primary focus areas include hydrogen production for mobility, industry, and heating; renewable energy innovations enhanced by AI and IoT; circular economy initiatives promoting resource reuse and recycling; and CO₂ management solutions for capture, storage, and conversion into valuable products. Saga Pure ASA operates through active ownership, leveraging financial expertise, business development, and strategic connections to accelerate portfolio companies. This positions it as a dynamic player in industries addressing environmental challenges and evolving market demands, such as rising interest rates and inflation in renewables.
NOK 0.14
NOK 0.00 (-1.45%)
EOD Jul 1, 2026
The business is unprofitable at the operating level (-130.30% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Even for strong businesses, today's 14x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
13.6x earnings, 0.4x 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 9M
Net Income (TTM)
NOK 8M
▲ +178.2% YoY
Op. Margin
-130.30%
ROIC
-1.21%
▲ +0.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
NOK 163M
▲ +286.4% YoY
Op. Cash Flow (TTM)
NOK 163M
▲ +283.4% YoY
Net Debt
-NOK 369M
Net Cash Position
Cash & Equiv.
NOK 369M
3Y CAGR: +303.2%
Continue Research
At a P/E of 13.6 and a price-to-free-cash-flow of 0.4, Saga Pure ASA (SAGA.XOSL) trades below a two-stage DCF intrinsic value of about NOK 16.43 per share, so at NOK 0.14 the stock looks undervalued (12,025.5% 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, Saga Pure ASA scores 49/100 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 16.43 per share for SAGA.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 12.32. At today's NOK 0.14, that puts the stock about 12,025.5% 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.
Saga Pure ASA scores 49 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a -130.3% operating margin and a -1.2% 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. SAGA.XOSL currently trades below its estimated intrinsic value and scores 49/100 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.