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1 Comment
Ørsted A/S is currently in a long term downtrend where the price is trading 7.4% below its 200 day moving average.
From a valuation standpoint, the stock is 13.3% cheaper than other stocks from the Utilities sector with a price to sales ratio of 12.3.
Ørsted A/S's total revenue rose by 24.4% to $11B since the same quarter in the previous year.
Its net income has dropped by 45.1% to $763M since the same quarter in the previous year.
Finally, its free cash flow grew by 34.6% to $-3B since the same quarter in the previous year.
Based on the above factors, Ørsted A/S gets an overall score of 3/5.
Sector | Utilities |
---|---|
Industry | Utilities-Renewable |
ISIN | DK0060094928 |
CurrencyCode | EUR |
Exchange | F |
Dividend Yield | 2.3% |
---|---|
Market Cap | 35B |
Beta | 0.58 |
Target Price | None |
PE Ratio | 16.96 |
Ørsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. It operates through Offshore, Onshore, and Bioenergy & Other segments. The Offshore segment develops, constructs, owns, and operates offshore wind farms in the United Kingdom, Germany, Denmark, the Netherlands, the United States, and Taiwan, as well as development of renewable hydrogen and green fuels in Europe, and e-methanol on the United States gulf coast. The Onshore segment develops, constructs, owns, and operates onshore wind and solar farms in the United States and Europe, as well as integrated storage. The Bioenergy & Other segments engages in the generation of heat and power and delivery of ancillary services from CHP plants in Denmark; sells power and gas in the wholesale and B2B markets; and optimizes gas portfolio. The company was formerly known as DONG Energy A/S and changed its name to Ørsted A/S in November 2017. Ørsted A/S was founded in 1972 and is headquartered in Fredericia, Denmark.
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