Aker ASA (AKAAF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Aker ASA (AKAAF) trades at $115.70 with AI Score 51/100 (Grade B). Aker ASA is an industrial investment company based in Norway, operating across various sectors including energy, maritime, and renewable resources. Market cap: $8.60B, Sector: Industrials.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for AKAAF: AKAAF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AKAAF against Industrials peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
AKAAF: 2/6 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Aker ASA (AKAAF) Industrial Operations Profile
Aker ASA, a Norwegian industrial investment company with a history dating back to 1841, operates across diverse sectors including oil and gas, renewable energy, and maritime industries. With a market capitalization of $8.60B, Aker ASA focuses on active ownership and long-term value creation in its portfolio companies.
What Is the Investment Thesis for AKAAF?
Aker ASA presents a compelling investment case based on its diversified portfolio and strategic focus on long-term value creation. With a market capitalization of $8.60B and a dividend yield of 4.93%, the company offers a blend of growth and income potential. Aker ASA's investments in renewable energy and green technologies position it favorably in the evolving energy landscape. The company's Cognite Data Fusion platform also offers a unique value proposition by leveraging big data analytics for industrial applications. The company's P/E ratio of 23.6 should be considered in light of its diverse holdings and long-term investment strategy. Upcoming catalysts include further expansion in renewable energy projects and continued development of the Cognite platform. Potential risks include fluctuations in commodity prices and the cyclical nature of the oil and gas industry.
Based on FMP financials and quantitative analysis
AKAAF Key Highlights
- Market Cap of $8.60B indicates substantial company size and investor confidence.
- P/E Ratio of 23.6 reflects investor expectations of future earnings growth.
- Profit Margin of 27.8% demonstrates strong profitability and operational efficiency.
- Gross Margin of 70.6% indicates efficient cost management and pricing strategies.
- Dividend Yield of 4.93% provides a significant income stream for investors.
Who Are AKAAF's Competitors?
AKAAF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AYALY Ayala Corporation | $7.52 | +6.26% | $4.68B | 52 |
| AYYLF Ayala Corporation | $7.70 | +17.56% | $4.78B | 48 |
| BDVSF The Bidvest Group Limited | $13.15 | +0.00% | $4.47B | 48 |
| CPBLF ALS Limited | $14.50 | -10.00% | $7.36B | 58 |
| FCODF Compagnie de l'Odet | $1430.00 | -10.62% | $6.03B | 41 |
| CRESY Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria | $11.05 | +0.36% | $716.86M | 64 |
| RSDEF Ramsdens Holdings PLC | $2.39 | +0.00% | $78.15M | 59 |
| MPCFF Metro Pacific Investments Corporation | $0.05 | +0.00% | $1.43B | 58 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AKAAF's Key Strengths?
- Diversified portfolio across multiple industries.
- Strong technological capabilities in data analytics.
- Sustainable harvesting practices.
- Long-term investment horizon.
What Are AKAAF's Weaknesses?
- Exposure to cyclical industries such as oil and gas.
- Complexity of managing a diverse portfolio.
- Dependence on commodity prices.
- OTC market listing limits access to capital.
What Could Drive AKAAF Stock Higher?
- Expansion of renewable energy projects, driving revenue growth and market share.
- Development and commercialization of the Cognite Data Fusion platform, enhancing data analytics capabilities.
- Growth in the krill-based products market, increasing demand for nutraceutical and aquaculture applications.
- Potential acquisitions or strategic partnerships in the renewable energy sector by Q4 2026.
- New product launches in the krill-based products segment by Q2 2027.
What Are the Key Risks for AKAAF?
- Fluctuations in commodity prices, particularly oil and gas, impacting revenue and profitability.
- Regulatory changes in the energy and aquaculture industries, affecting compliance costs and operational restrictions.
- Competition from larger, more established companies in the renewable energy and data analytics sectors.
- Economic downturns affecting industrial demand, reducing revenue and profitability.
- Risks associated with operating in international markets, including political instability and currency fluctuations.
What Are the Growth Opportunities for AKAAF?
- Expansion in Renewable Energy: Aker ASA's focus on renewable energy projects presents a significant growth opportunity. The global renewable energy market is projected to reach $1.1 trillion by 2027, driven by increasing demand for clean energy sources. Aker ASA's investments in wind power, solar energy, and other renewable technologies position it to capitalize on this growing market. Timeline: Ongoing, with continuous investments in new projects.
- Development of Cognite Data Fusion: The Cognite Data Fusion platform offers a unique growth opportunity by leveraging big data analytics for industrial applications. The industrial IoT market is expected to reach $263.4 billion by 2027, driven by the increasing adoption of digital technologies in manufacturing, energy, and other industries. Aker ASA's Cognite platform can help companies improve operational efficiency, reduce costs, and make better decisions. Timeline: Ongoing, with continuous development and expansion of the platform.
- Growth in Krill-Based Products: Aker ASA's krill harvesting and processing business offers a growth opportunity in the nutraceutical, aquaculture, and animal feed markets. The global krill oil market is projected to reach $833.7 million by 2027, driven by increasing awareness of the health benefits of krill oil and the growing demand for sustainable seafood. Aker ASA's sustainable harvesting practices and high-quality products give it a competitive advantage. Timeline: Ongoing, with continuous expansion of product offerings and market reach.
- Investment in Bitcoin and Blockchain Technologies: Aker ASA's investments in bitcoin and blockchain technologies represent a growth opportunity in the emerging digital asset market. The global blockchain market is projected to reach $39.7 billion by 2025, driven by increasing adoption of blockchain technology in various industries. Aker ASA's investments in bitcoin mining and blockchain infrastructure position it to capitalize on this growing market. Timeline: Ongoing, with continuous investments in new projects and technologies.
- Sea-Based Salmon Farming: Aker ASA's involvement in sea-based salmon farming presents a growth opportunity in the aquaculture industry. The global salmon market is expected to reach $45.4 billion by 2027, driven by increasing demand for seafood and the growing popularity of salmon as a healthy food choice. Aker ASA's sustainable farming practices and focus on quality give it a competitive advantage. Timeline: Ongoing, with continuous expansion of farming operations.
What Opportunities Does AKAAF Have?
- Expansion in renewable energy sector.
- Growth in data analytics solutions for industrial applications.
- Increasing demand for krill-based products.
- Investment in emerging technologies such as blockchain.
What Threats Does AKAAF Face?
- Fluctuations in commodity prices.
- Regulatory changes in the energy and aquaculture industries.
- Competition from larger, more established companies.
- Economic downturns affecting industrial demand.
What Are AKAAF's Competitive Advantages?
- Diversified portfolio of industrial holdings reduces risk and provides multiple revenue streams.
- Strong technological capabilities in data analytics and renewable energy.
- Sustainable harvesting practices in the krill industry.
- Long-term ownership perspective fosters strategic development and value creation.
What Does AKAAF Do?
Founded in 1841, Aker ASA has evolved from its origins in shipbuilding to become a diversified industrial investment company. Headquartered in Lysaker, Norway, Aker ASA operates globally, with a significant presence in Europe, North America, South America, and Asia. The company's operations are divided into two primary segments: Industrial Holdings and Financial Investments. The Industrial Holdings segment encompasses businesses involved in oil and gas exploration and production, renewable energy solutions, and maritime services. Aker ASA provides solutions, products, and services to the energy industry, develops technologies for the drilling market, and manages oil reserves. It also harvests, develops, and markets krill-based products for nutraceutical, aquaculture, and animal feed applications. The Financial Investments segment includes investments in various financial instruments, venture capital in industrial technology, real estate, and software development. Aker ASA also invests in bitcoin and related projects. Aker ASA is a subsidiary of TRG Holding AS, reflecting its ownership structure and strategic direction.
What Products and Services Does AKAAF Offer?
- Explores and produces oil and gas.
- Provides solutions, products, and services to the energy industry.
- Develops and delivers technologies to the drilling market.
- Harvests, develops, markets, and sells krill-based ingredients.
- Focuses on renewable energy and green technologies.
- Builds and operates sea-based salmon farming.
- Offers Cognite Data Fusion for big data analytics.
- Designs, constructs, and leases vessels.
How Does AKAAF Make Money?
- Invests in and actively manages a portfolio of industrial companies.
- Generates revenue from the sale of products and services in the energy, maritime, and biotechnology sectors.
- Earns income from financial investments and venture capital activities.
- Creates value through long-term ownership and strategic development of its portfolio companies.
What Industry Does AKAAF Operate In?
Aker ASA operates within the conglomerates industry, which involves holding a diverse portfolio of businesses across various sectors. The industry is characterized by its ability to adapt to changing market conditions and capitalize on emerging opportunities. Aker ASA's focus on renewable energy and digital technologies aligns with current market trends towards sustainability and technological innovation. Competitors include other diversified industrial companies such as AYALY (Allianz SE), AYYLF (Aegon Funding Company LLC), BDVSF (Bayerische Motoren Werke AG), CPBLF (Campbell Soup Company), and FCODF (Ford Motor Credit Company). The conglomerates industry is influenced by global economic conditions, regulatory changes, and technological advancements.
Who Are AKAAF's Key Customers?
- Energy companies seeking solutions and services for oil and gas exploration and production.
- Aquaculture companies requiring krill-based feed ingredients.
- Nutraceutical companies using krill oil in health supplements.
- Industrial companies seeking data analytics solutions through the Cognite Data Fusion platform.
FY2026 estForward Outlook
Wall Street analysts project Aker ASA revenue of about $15.08B for fiscal 2026, with EPS near $123.96.
F-Score 7/9Financial Health
Aker ASA's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.25 places it in the grey zone, a middle ground that warrants monitoring.
ROE 9%Key Financial Metrics
Return on equity for Aker ASA stands at 8.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 3.9%, showing how much profit it generates from its asset base. AKAAF trades at a trailing price-to-earnings ratio of 23.55, below the Industrials sector average of ~30x. Its free cash flow yield is 2.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.34 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.2%, the inverse of the P/E and a quick read on earnings relative to price.
Aker ASA (AKAAF) Valuation Context
Valued at $8.60B, AKAAF is classified as a mid-cap stock. Relative to its peer group, AKAAF's quantitative score of 51/100 is roughly in line with the peer average of 49/100.
AKAAF Revenue & Earnings Trend
In Q4 2025, AKAAF generated $6.40B in top-line revenue, marking a sequential decrease of 7.0%. The company recorded net income of $4.03B, with diluted EPS of $54.14. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Industrials. Across the four most recent quarters, AKAAF averaged $37.81 in diluted EPS.
Company Profile
Aker ASA operates in the Conglomerates industry within the Industrials sector. It is headquartered in Lysaker, NO. The company is led by CEO Oyvind Eriksen. AKAAF has traded publicly since 2009.
AKAAF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Aker ASA's future, indicating that key stakeholders believe in the company's growth potential.
- Community sentiment has shifted positively as discussions around Aker's sustainable energy initiatives gain traction, highlighting its relevance in a changing market.
- The company's diversification into renewable energy aligns with global trends, attracting interest from environmentally conscious investors.
- Recent partnerships in offshore wind projects have bolstered Aker's reputation, positioning it as a leader in the transition to sustainable energy.
Bear Case
- Concerns over regulatory challenges in the renewable sector have caused skepticism among some investors, impacting overall sentiment.
- The market is cautious due to fluctuating commodity prices, which could affect Aker's profitability in traditional sectors.
- Recent discussions in the community reflect worries about execution risks in new projects, raising questions about management's ability to deliver on ambitious plans.
- Overall market volatility has led to increased bearish sentiment, as investors reevaluate risk exposure in the energy sector.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $6.40B | $4.03B | $54.14 |
| Q2 2025 | $6.88B | -$98M | $0.22 |
| Q4 2024 | $6.11B | $3.71B | $111.75 |
| Q2 2024 | $6.10B | $3.49B | -$14.89 |
Based on FMP financials and quantitative analysis
AKAAF Latest News
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Aker ASA (AKAAF) Q1 2026 Earnings Call Highlights: Record Net Asset Value Growth and Strategic ...
Yahoo! Finance: AKAAF News · May 9, 2026
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Aker ASA (AKAAF) Q1 2026 Earnings Call Transcript
seekingalpha.com · May 8, 2026
AKAAF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AKAAF.
Price Targets
Wall Street price target analysis for AKAAF.
AKAAF MoonshotScore
What does this score mean?
The MoonshotScore rates AKAAF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry ConglomeratesLeadership: Oyvind Eriksen
CEO
Oyvind Eriksen has served as the President and CEO of Aker ASA since 2009. Prior to joining Aker, he was a partner at the law firm BA-HR, where he specialized in corporate law and M&A transactions. Eriksen holds a law degree from the University of Oslo and has extensive experience in corporate governance and strategic management. His legal background and experience in mergers and acquisitions have been instrumental in shaping Aker ASA's investment strategy.
Track Record: Under Oyvind Eriksen's leadership, Aker ASA has transformed from a traditional industrial conglomerate to a diversified investment company with a focus on renewable energy and digital technologies. He has overseen significant investments in renewable energy projects, the development of the Cognite Data Fusion platform, and the expansion of Aker ASA's krill harvesting business. Eriksen has also guided the company through periods of economic volatility and industry disruption.
AKAAF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Aker ASA may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and performance compared to companies listed on major exchanges like the NYSE or NASDAQ. This tier often includes companies that are distressed, in bankruptcy, or have chosen not to comply with OTCQX or OTCQB requirements.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in AKAAF.
- Lower trading volume and wider bid-ask spreads can lead to price volatility.
- OTC listing may indicate financial distress or non-compliance with higher listing standards.
- Lack of regulatory oversight compared to major exchanges increases the risk of fraud or mismanagement.
- Potential for delisting or suspension of trading due to non-compliance.
- Verify the company's financial statements and disclosures.
- Assess the company's management team and corporate governance practices.
- Research the company's business model and competitive landscape.
- Evaluate the company's risk factors and potential liabilities.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- Confirm the company's registration status with regulatory authorities.
- Established history as an industrial investment company dating back to 1841.
- Diversified portfolio of industrial holdings across multiple sectors.
- Active ownership and strategic development of portfolio companies.
- Presence in renewable energy and digital technologies.
- Subsidiary of TRG Holding AS.
Common Questions About AKAAF (Industrials)
What does Aker ASA do?
Aker ASA is an industrial investment company that operates in two segments: Industrial Holdings and Financial Investments. The Industrial Holdings segment focuses on oil and gas exploration and production, renewable energy solutions, and maritime services. The Financial Investments segment includes investments in various financial instruments, venture capital in industrial technology, real estate, and software development. Aker ASA aims to create long-term value through active ownership and strategic development of its portfolio companies.
What do analysts say about AKAAF stock?
Analyst coverage of AKAAF is limited due to its OTC listing. However, key valuation metrics such as market capitalization, P/E ratio, and dividend yield provide insights into the company's financial performance and growth potential. Investors may want to evaluate Aker ASA's diversified portfolio, strategic focus on renewable energy, and exposure to cyclical industries when evaluating the stock. Analyst consensus is not readily available due to limited coverage.
What are the main risks for AKAAF?
The main risks for Aker ASA include fluctuations in commodity prices, regulatory changes in the energy and aquaculture industries, competition from larger companies, and economic downturns affecting industrial demand. As an OTC-listed stock, AKAAF also faces risks related to limited financial disclosure, lower trading volume, and potential for price volatility. Investors should carefully assess these risks before investing in AKAAF.
What are the key factors to evaluate for AKAAF?
Aker ASA (AKAAF) holds an AI score of 51/100 (moderate). P/E: 23.6x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does AKAAF data refresh on this page?
AKAAF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven AKAAF's recent stock price performance?
Aker ASA (AKAAF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified portfolio across multiple industries. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider AKAAF overvalued or undervalued right now?
Aker ASA (AKAAF) trades at 23.6x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying AKAAF?
Before investing in Aker ASA (AKAAF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data and market projections are based on available information and industry reports as of March 16, 2026.
- OTC market data may be limited and less reliable than data for stocks listed on major exchanges.
- Analyst consensus is not available due to limited coverage of AKAAF.