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.
Scatec ASA is a leading renewable energy solutions provider specializing in the development, construction, ownership, and operation of renewable energy plants across five continents. Founded in 2007 and headquartered in Oslo, Norway, the company focuses on delivering reliable and affordable clean energy, particularly in emerging markets such as South Africa, Egypt, the Philippines, Brazil, Botswana, Tunisia, and Colombia. Originally centered on large-scale solar photovoltaic systems, Scatec ASA has expanded its portfolio to include wind power, hydropower, battery storage, and green hydrogen projects, with 6.2 GW in operation and under construction. Its integrated business model covers the full project lifecycle—from site development and financing to engineering, procurement, construction, operations, maintenance, and portfolio optimization—ensuring efficient execution and long-term performance under power purchase agreements. Operating in the utilities sector, Scatec ASA supports global sustainability goals by reducing greenhouse gas emissions, powering millions, and investing in local communities, while targeting profitable growth through annual equity investments and innovative solutions toward 2030. With around 750-778 employees, it emphasizes predictability, innovation, results, and collaboration as core values.
NOK 97.28
+NOK 0.38 (+0.39%)
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32.19% operating margin is above average. ROIC at 2.65%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue declined 16.9% YoY. Margins deteriorated 11.8pp alongside, both lines moving the wrong way.
At 304x earnings, the current multiple leaves limited room for execution misses or growth deceleration. ROIC dropped from 4.84% to 2.65%, capital efficiency is deteriorating.
304.0x earnings. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 3.62B
▼ -16.9% YoY
Net Income (TTM)
NOK 31M
▼ -33.6% YoY
Op. Margin
31.25%
▼ -11.8pp YoY
ROIC
2.65%
▼ -2.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-NOK 4.62B
▼ -2449.3% YoY
Op. Cash Flow (TTM)
NOK 2.02B
▼ -25.7% YoY
Net Debt
NOK 26.86B
Cash & Equiv.
NOK 5.59B
3Y CAGR: +6.5%
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At a P/E of 304.0, Scatec ASA (SCATC.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 .
On quality, Scatec ASA scores 33/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Scatec ASA scores 33 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 31.3% operating margin and a 2.7% 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.
Yes, Scatec ASA pays a regular dividend of about NOK 1.04 per share per year (typically in quarterly installments), a yield of roughly 1.1% at the current price. That is a payout ratio of about 535.5% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For SCATC.XOSL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh SCATC.XOSL's valuation and scores 33/100 on quality (lower-quality). It also yields about 1.1%. 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.