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← CockpitCompetitor Analysis › AKAST.OL Akastor ASAOpen in the cockpit ↗

Akastor ASAAKAST.OLCompetitor analysis, valuation and peers

Norway · NOK·Energy›Contract Drilling
Momentum laggard 2
Mkt cap
$316M
US dollars, full cap
Free float
44%
of shares outstanding
$/day
$895,902
20-day average traded
Fwd P/E
9.9×
forward earnings
ROIC−WACC
-6.1 pp
WACC 9.7%
Hurdle
n/a
no reverse DCF
Next earnings
5 days
11 Nov 2026
Close · NOKNOK 10.80
1D-4.8%
1W-18.3%
1M-18.7%
3M-17.9%
6M-30.7%
YTD-2.9%
1Y-2.2%
ATR %3.9%
52w lowhigh33.0% off high

What Akastor does

Employees: 9

Akastor at a glance

Size Akastor (AKAST.OL) is a Norway Energy company (Contract Drilling) with a market value of $316M, the 112th largest of 115 Norway companies the cockpit tracks. Shares closed at NOK 10.80 on 6 Nov 2026.

Performance Over six months the shares fell 30.7%, against -6.9% for the median peer and +2.7% for the Norway market (cap-weighted) — 2nd lowest of 9 in its peer set.

Growth Revenue grew 66.9% over the last twelve months (peer median +5.7%); the operating margin is 34.3% (peer median 7.4%).

Valuation It trades at 9.9× forward earnings against a peer median of 15.2× (3rd cheapest of 7).

Capital Return on invested capital runs 6.1 points below its cost of capital (9.7% WACC).

Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 93AKAST.OL 68
Six months, rebased to 100: Akastor against the median of its 8 peers (local-currency closes).

Akastor financials

Reported figures in NOK; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNOK 574MNOK 158MNOK 124MNOK 121MNOK 169M
Revenue growth—+27%+2%-28%—
Gross profitNOK 197M-NOK 236M-NOK 196M-NOK 197M-NOK 74.0M
EBITDANOK 246M-NOK 191M-NOK 149M-NOK 163M-NOK 192M
Net incomeNOK 148M-NOK 148MNOK 1.62B-NOK 375M-NOK 280M
Free cash flow-NOK 1.00MNOK 33.0MNOK 1.63B-NOK 305M-NOK 244M
Capital expenditureNOK 48.0MNOK 9.00MNOK 149MNOK 13.0MNOK 11.0M
Total debtNOK 24.0MNOK 284MNOK 383MNOK 1.40BNOK 1.43B

Quarterly statements and history in the cockpit →

Akastor competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-20%0%PHXVTURAESIENHMDIBORRNBRPDAKAST.OL6-month return →1-month return →
Up and to the right = strong over both horizons. Akastor is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%10×20×30×PHXESIENHMDINBRPDAKAST.OLRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Akastor is the large dot.

Akastor competitors and peer comparison

How Akastor compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Akastor against its 8 peers (data as of 6 Nov 2026)
MeasureAKAST.OLPeer medianRank in peer set
1-month return-18.7%-1.3%2nd lowest of 9
6-month return-30.7%-6.9%2nd lowest of 9
Distance from 52-week high-33.0%-23.6%4th lowest of 9
Revenue growth (TTM)+66.9%+5.7%2nd highest of 9
Operating margin34.3%7.4%2nd highest of 9
Forward P/E9.9×15.2×3rd cheapest of 7
ROIC minus cost of capital-6.1 pp-2.5 pp2nd lowest of 9
EV / EBITDA9.7×5.2×3rd most expensive of 9
Net debt / EBITDA-2.2×1.1×least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Akastor AKAST.OLNorway$316M-31%+67%34%9.9×n/an/a
PHX Energy Services PHX.TOCanada$342M-9%+7%4%8.9×n/an/a
Ventura Offshore VTURA.OLNorway$371M+3%-2%34%n/a3.6%-2.5%
Ensign Energy Services ESI.TOCanada$517M+6%-1%1%34.7×41.1%+11.8%
Sed Energy ENH.OLNorway$520M-25%+91%36%5.7×-10.9%+38.2%
Major Drilling Group International MDI.TOCanada$893M-5%+23%6%23.1×21.7%+15.5%
Borr Drilling BORRUnited States$1,000M-45%+3%21%n/an/an/a
Nabors Industries NBRUnited States$1.11B-25%+5%8%19.1×4.0%+8.3%
Precision Drilling PD.TOCanada$1.16B+6%+8%7%11.4×11.6%+14.5%

Questions

Which companies are Akastor's closest peers?
The cockpit's peer set: PHX Energy Services (PHX.TO), Ventura Offshore (VTURA.OL), Ensign Energy Services (ESI.TO), Sed Energy (ENH.OL), Major Drilling Group International (MDI.TO), Borr Drilling (BORR), Nabors Industries (NBR), Precision Drilling (PD.TO).
Is Akastor expensive compared with its peers?
On forward p/e it trades at 9.9× against a peer median of 15.2×, 3rd cheapest of 7 in its peer set.
How has Akastor stock performed?
Over six months to 6 Nov 2026 the shares returned -30.7% against -6.9% for the median peer; over one year -2.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.