Scatec ASA, together with its subsidiaries, provides renewable energy solutions. The company operates through Power Production and Development & Construction segments. It produces and sells solar, wind, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants; and storage solutions, including solar, wind, hydropower, battery storage and hybrid systems. The company is also involved in the engineering, procurement, and construction activities. It has operations in South Africa, Egypt, Ukraine, Malaysia, Pakistan, Jordan, Honduras, the Czech Republic, Botswana, Vietnam, and internationally. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Research context
Scatec ASA appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Utilities
- Industry
- Utilities - Renewable
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5 years, 7 months ago
Scatec ASA is currently in a long term downtrend where the price is trading 10.0% below its 200 day moving average.
From a valuation standpoint, the stock is 8.4% cheaper than other stocks from the Utilities sector with a price to sales ratio of 13.0.
Scatec ASA's total revenue rose by 21.8% to $688M since the same quarter in the previous year.
Its net income has dropped by 4550.0% to $-558M since the same quarter in the previous year.
Finally, its free cash flow grew by 91.7% to $-95M since the same quarter in the previous year.
Based on the above factors, Scatec ASA gets an overall score of 3/5.