Ratings Goodtech ASA

Equities

GOD

NO0004913609

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-05-08 EDT			5-day change	1st Jan Change
13.5 ^NOK	0.00%		-6.57%	+36.64%

04-30	Goodtech ASA Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
04-26	Goodtech Wins Contract to Expand Power Supply for Wacker Chemicals Norway’s Site	MT

Strengths

The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
The stock, which is currently worth 2024 to 0.34 times its sales, is clearly overvalued in comparison with peers.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company has insufficient levels of profitability.
With a 2024 P/E ratio at 30.68 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
Revenue estimates are regularly revised downwards for the current and coming years.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last few months, analysts have been revising downwards their earnings forecast.

Ratings chart - Surperformance

Sector: Industrial Machinery & Equipment

	1st Jan change	Capi.	ESG Refinitiv
GOODTECH ASA	+36.64%	34.55M	-
NORDSON CORPORATION	+3.93%	15.5B	B
HAITIAN INTERNATIONAL HOLDINGS LIMITED	+42.08%	5.51B	B
VALMET OYJ	-7.62%	4.77B	C+
WUXI LEAD INTELLIGENT EQUIPMENT CO.,LTD.	-15.23%	4.67B	C+
SUZHOU MAXWELL TECHNOLOGIES CO., LTD.	-9.36%	4.53B	C
KRONES AG	+17.17%	4.47B	B-
TOMRA SYSTEMS ASA	+13.16%	3.79B	B-
IHI CORPORATION	+49.19%	3.7B	A-
KADANT INC.	+1.67%	3.32B	B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes