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Otovo ASA (FRA:89K) Profitability Rank : 4 (As of Sep. 2024)


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What is Otovo ASA Profitability Rank?

Otovo ASA has the Profitability Rank of 4.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Otovo ASA's Operating Margin % for the quarter that ended in Sep. 2024 was -94.11%. As of today, Otovo ASA's Piotroski F-Score is 4.


Competitive Comparison of Otovo ASA's Profitability Rank

For the Solar subindustry, Otovo ASA's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Otovo ASA's Profitability Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Otovo ASA's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Otovo ASA's Profitability Rank falls into.



Otovo ASA Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Otovo ASA has the Profitability Rank of 4.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Otovo ASA's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-11.098 / 11.792
=-94.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Otovo ASA has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Otovo ASA operating margin has been in a 5-year decline. The average rate of decline per year is -2.4%.

4. Consistency of the profitability

5. Predictability Rank


Otovo ASA Profitability Rank Related Terms

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Otovo ASA Business Description

Traded in Other Exchanges
Address
Torggata 7, Oslo, NOR, 0181
Otovo ASA is an energy company. It is engaged in the development, commercialization and installation of renewable power, as well as taking ownership or providing business advice related to it. The Group's operating segments are The Marketplace, and Subscription SPV. The Marketplace segment consists of transactions relating to sale of solar panels and related products, while the Subscription segment consists of transactions related to customers subscribing to use solar panels and related products.

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