Aker ASA (AKER.OL) stock analysis

In our weekly check, Aker ASA is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 4, red flags: 6.

About Aker ASA

Aker ASA is an Industrials company (Conglomerates) based in Norway, listed on OSL as AKER.OL.

What our checks show for AKER.OL

Red flags

• Net debt is 15x a year of EBITDA (debt/equity 0.68). That limits room in a downturn and raises refinancing risk.
• Operating profit does not cover the interest bill (0x): interest is paid from cash or new debt.
• Analysts expect the net margin to shrink by 10.9 points from today's 29.8%.
• The dividend takes 937% of profit: little cushion if profit falls.
• The stock has fallen as much as 75% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 7.3 years.

Warning signs

• The net margin fell by 4.4 points over 5 years, to 29.8%: the company keeps less of each sale as profit.
• Earnings per share fell 35.2% a year over the last 3 years.
• Net profit fell 35.1% a year over the last 3 years.
• Thinly traded (about 134 thousand shares a day): buying and selling can move the price.

Strengths

• The gross margin is 23.7% and has risen by 37 points: pricing power is holding.
• Analysts expect earnings per share to grow about 15.3% a year over the next years.
• Analysts expect revenue to grow about 34.1% a year over the next years.
• The company keeps 29.8% of its revenue as net profit.
• Free cash flow is 15% of revenue: cash for dividends, buybacks or growth.
• The price is 3.1 times earnings (P/E), reasonable for its growth.

Next earnings report: 2026-11-04

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Questions

What grade does Aker ASA (AKER.OL) have?

In our weekly check, Aker ASA is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 4, red flags: 6. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of AKER.OL stock?

This week's biggest flags for Aker ASA: High debt, Weak interest cover, Margins expected to shrink. In total 10 of 25 checks show a warning or a red flag.

What does Aker ASA do?

Aker ASA is an Industrials company (Conglomerates) based in Norway, listed on OSL as AKER.OL.

When does Aker ASA report earnings next?

The next earnings report is expected on 2026-11-04. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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