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← CockpitCompetitor Analysis › GENO.OL General Oceans ASAOpen in the cockpit ↗

General Oceans ASAGENO.OLCompetitor analysis, valuation and peers

Norway · NOK·Information Technology›Electronic Equipment/Instruments
Momentum laggard 4
Mkt cap
$359M
US dollars, full cap
Free float
29%
of shares outstanding
$/day
$271,976
20-day average traded
Fwd P/E
18.1×
forward earnings
ROIC−WACC
+9.5 pp
WACC 6.2%
Hurdle
-36 pp
Req g minus delivered
Next earnings
26 days
2 Dec 2026
Close · NOKNOK 17.74
1D+0.8%
1W-13.7%
1M-11.2%
3M-14.9%
6M-32.0%
YTDn/a
1Yn/a
ATR %5.3%
52w lowhigh46.6% off high

What General Oceans does

Employees: 372

General Oceans at a glance

Size General Oceans (GENO.OL) is a Norway Information Technology company (Electronic Equipment/Instruments) with a market value of $359M, the 108th largest of 115 Norway companies the cockpit tracks. Shares closed at NOK 17.74 on 6 Nov 2026.

Performance Over six months the shares fell 32.0%, against -24.5% for the median peer and +2.7% for the Norway market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 34.3% over the last twelve months (peer median +1.1%); the operating margin is 13.3% (peer median 3.2%).

Valuation It trades at 18.1× forward earnings against a peer median of 24.3× (5th cheapest of 10).

Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +34%, so the hurdle is -36 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 9.5 points above its cost of capital (6.2% WACC).

Next results Next results expected around 2 Dec 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 76GENO.OL 68
Six months, rebased to 100: General Oceans against the median of its 20 peers (local-currency closes).

General Oceans financials

Reported figures in NOK; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023
Revenuen/aNOK 1.28BNOK 953MNOK 809M
Revenue growth—+34%+18%—
Gross profitn/aNOK 328MNOK 192MNOK 202M
EBITDAn/aNOK 234MNOK 122MNOK 120M
Net incomen/aNOK 165MNOK 39.2M-NOK 72.5M
Free cash flown/aNOK 178MNOK 133MNOK 27.3M
Capital expendituren/aNOK 36.6MNOK 17.9MNOK 31.0M
Total debtNOK 92.9MNOK 159MNOK 275MNOK 221M

Quarterly statements and history in the cockpit →

General Oceans 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

-60%-40%-20%0%+20%-40%-30%-20%-10%6005606883672235771530011267426880562535900642903000253002663008133001653013616217092870300427688148300306GENO.OL6-month return →1-month return →
Up and to the right = strong over both horizons. General Oceans is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%0×50×100×2235771530027567426880562535900642906217092870GENO.OLRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. General Oceans is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%+60%0%20%40%60%688367223577153002756742688056300025300165301361300427300306GENO.OLGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. General Oceans is the large dot.

General Oceans competitors and peer comparison

How General Oceans 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.

General Oceans against its 20 peers (data as of 6 Nov 2026)
MeasureGENO.OLPeer medianRank in peer set
1-month return-11.2%-17.6%8th highest of 21
6-month return-32.0%-24.5%8th lowest of 21
Distance from 52-week high-46.6%-44.8%8th lowest of 21
Revenue growth (TTM)+34.3%+1.1%3rd highest of 21
Operating margin13.3%3.2%2nd highest of 21
Forward P/E18.1×24.3×5th cheapest of 10
Growth the price implies (Req g, 7 yrs)-1.9%11.2%least demanding of 12
Growth delivered (Del g)+34.3%+2.8%2nd highest of 12
Hurdle (Req g minus delivered)-36.2 pp+15.8 pp2nd least demanding of 12
ROIC minus cost of capital+9.5 pp-5.9 pphighest of 21
EV / EBITDA12.3×47.8×3rd cheapest of 9
Net debt / EBITDA-1.9×-0.0×4th least indebted of 10

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
General Oceans GENO.OLNorway$359M-32%+34%13%18.1×-1.9%+34.3%
Beijing AriTime Intelligent Control 600560.SSChina$359M-26%+33%4%n/an/an/a
Hefei Gocom Information Technology 688367.SSChina$357M-33%-10%-1%n/a55.8%-1.3%
MicroTech Medical (Hangzhou) 2235.HKHong Kong$354M-15%+95%8%26.7×3.5%+53.2%
Nagano Keiki 7715.TJapan$364M+1%+2%11%8.1×-0.4%+8.6%
Chongqing MAS Science & Technology 300275.SZChina$351M-28%-13%6%17.1×35.3%+9.0%
Shenzhen Maxonic Automation Control 300112.SZChina$350M-13%-6%-2%n/an/an/a
Kyosan Electric Manufacturing 6742.TJapan$350M+26%+9%7%8.3×2.0%+8.4%
Beijing Labtech Instruments 688056.SSChina$368M-1%0%5%66.2×34.7%+2.8%
NEOSEM 253590.KSSouth Korea$369M-37%-31%5%13.0×n/an/a
INTEKPLUS 064290.KSSouth Korea$347M+18%-12%-11%112.1×n/an/a
Hangzhou Huaxing Chuangye Communication Technology 300025.SZChina$373M-15%-16%-24%n/a36.0%-6.5%
Xingyuan Environment Technology 300266.SZChina$378M-33%-27%-22%n/an/an/a
ZheJiang Tailin Bioengineering 300813.SZChina$340M-27%+6%2%n/an/an/a
Jiangsu Skyray Instrument 300165.SZChina$340M-38%-8%-16%n/a7.8%-8.0%
SmartGen (Zhengzhou) Technology 301361.SZChina$380M-19%+22%27%n/a9.0%+10.6%
C.C.P. Contact Probes 6217.TWOTaiwan$383M-63%+26%-3%24.3×n/an/a
Exicon 092870.KSSouth Korea$383M+13%+273%11%36.9×n/an/a
Red Phase 300427.SZChina$391M-53%+13%-15%n/a36.9%-13.7%
Guangdong Fangyuan New Materials 688148.SSChina$328M-59%+27%0%n/an/an/a
Hangzhou Everfine Photo-E-Info 300306.SZChina$394M-23%-3%10%n/a11.2%+0.2%

Questions

Which companies are General Oceans's closest peers?
The cockpit's peer set: Beijing AriTime Intelligent Control (600560.SS), Hefei Gocom Information Technology (688367.SS), MicroTech Medical (Hangzhou) (2235.HK), Nagano Keiki (7715.T), Chongqing MAS Science & Technology (300275.SZ), Shenzhen Maxonic Automation Control (300112.SZ), Kyosan Electric Manufacturing (6742.T), Beijing Labtech Instruments (688056.SS).
Is General Oceans expensive compared with its peers?
On forward p/e it trades at 18.1× against a peer median of 24.3×, 5th cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +34%, so the hurdle is -36 pp: the price already allows for a slowdown.
How has General Oceans stock performed?
Over six months to 6 Nov 2026 the shares returned -32.0% against -24.5% for the median peer.

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.