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Aker ASA (AKAAF) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

$172.54 $0.00 (0.00%) |CouncilBullish Lean · 62 · B+
MCap: $12.8B| P/E Ratio: 4.19| Vol: 3| 52-wk range: $69.00 – $178.00

P/E 4.19 means the share price is 4.19 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $12.8B is the value of all shares combined.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Aker ASA (AKAAF) trades at $172.54. Aker ASA is an industrial investment company based in Norway, operating across various sectors including energy, maritime, and renewable resources. Market cap: $12.8B, Sector: Industrials.

Price as of Sep 11, 2026 · Last analyzed: Mar 16, 2026
Aker ASA is an industrial investment company based in Norway, operating across various sectors including energy, maritime, and renewable resources. The company invests in and develops businesses globally, focusing on long-term value creation through active ownership.

Analyst 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 neutral fundamental signal based on the underlying data.

Watch the AKAAF film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.

Council Score · Weighted Average of 3 Disciplines
Bullish Lean 62/100 · B+

AKAAF: 1/2 scored disciplines lean bullish. Dominant signal: Ray Dalio bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Englander-style lens (simulated)Izzy Englander
Neutral read
Klarman-style lens (simulated)Seth Klarman
Neutral read
Moon AI lens (model)
Neutral read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Moderate
Margin of Safety
Undervalued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Aker ASA (AKAAF) Industrial Operations Profile

CEOOyvind Eriksen
Employees2,891
HeadquartersLysaker, NO
IPO Year2009

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 $12.8B, Aker ASA focuses on active ownership and long-term value creation in its portfolio companies.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for AKAAF?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

With a market capitalization of $12.8B 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 4.19 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

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Market Cap of $12.8B indicates substantial company size and investor confidence.

  • P/E Ratio of 4.19 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 MoonshotScore
AYALY Ayala Corporation $8.05 0.00% $4.99B
BDVSF The Bidvest Group Limited $13.15 0.00% $4.47B
CPBLF ALS Limited $15.50 -1.74% $7.87B
FCODF Compagnie de l'Odet $1491.37 0.00% $6.29B
KPELY Keppel Corporation Limited $18.88 -0.42% $17.0B 489-signal
JMHLY Jardine Matheson Holdings Limited $58.23 +0.35% $17.1B 489-signal
VMI Valmont Industries, Inc. $483.44 +1.34% $9.33B 785-pillar
SWRAY Swire Pacific Limited $13.59 +0.52% $18.4B 529-signal

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

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?

Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.

  • 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. 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 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.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low 20/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price is current
  • No filing on record
  • No analyst coverage
  • Reported in NOK, converted to USD

MoonshotScore History

Recorded daily since 2026-08-23 · 19 snapshots

2026-08-23 51
2026-08-26 51
2026-08-29 51
2026-09-01 51
2026-09-04 51
2026-09-07 51
2026-09-10 51

What changed?

The score has stayed at 51.

Over the same 18 days the stock moved +15.8%.

FY2026 est

Forward Outlook

Wall Street analysts project Aker ASA revenue of about $15.08B for fiscal 2026, with EPS near $82.47.

F-Score 3/9

Financial Health

Aker ASA's Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 3.20 places it in the safe zone, indicating low near-term bankruptcy risk.

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 4.19, below the Industrials sector average of ~28.00x. 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 $12.8B, AKAAF is classified as a large-cap stock.

AKAAF Revenue & Earnings Trend

In Jun 2026, AKAAF generated $623.3M in top-line revenue, marking a sequential decrease of 9.5%. The company recorded net income of $2.55B, with diluted EPS of $34.31. Revenue has contracted over three consecutive quarters, which investors in this large-cap Industrials stock should monitor closely. Across the four most recent quarters, AKAAF averaged $11.34 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

Revenue Growth (FY)
+6.0%
Net Income Growth (FY)
-46.4%
EPS Growth (FY)
-46.4%
Free Cash Flow Growth (FY)
-74.6%
P/E (TTM)
4.19
Return on Equity (TTM)
+8.5%
Current Ratio
1.3
EV/EBITDA (TTM)
20.3

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Diversified portfolio across multiple industries.
  • Strong technological capabilities in data analytics.
  • Sustainable harvesting practices.
  • Long-term investment horizon.

Bear Case

  • 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.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Jun 2026 $623M $2.55B $34.31
Dec 2025 $689M $433M $5.84
Jun 2025 $741M -$11M -$0.14
Dec 2024 $658M $399M $5.37

Based on FMP financials and quantitative analysis · Converted to USD from NOK at today's rate

AKAAF Latest News

AKAAF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for AKAAF.

Price Targets

Wall Street price target analysis for AKAAF.

AKAAF MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for AKAAF; grades run from A+ (80-100) to F (below 30).

Leadership: 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
Liquidity: As an OTC stock, AKAAF likely experiences lower trading volume and wider bid-ask spreads compared to stocks listed on major exchanges. This can make it more difficult to buy or sell shares quickly and at a desired price. Investors should be aware of the potential for price volatility and limited liquidity when trading AKAAF on the OTC market.
OTC Risk Factors:
  • 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.
Due Diligence Checklist:
  • 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.
Legitimacy Signals:
  • 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)

Is AKAAF a good stock?

Stock Expert AI does not rate AKAAF buy, sell or hold. Aker ASA has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.

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.

What are the key factors to evaluate for AKAAF?

Evaluate AKAAF on fundamentals, analyst consensus, and risk factors. P/E: 4.19x vs the S&P 500's ~20-25x. With a market capitalization of $12.8B and a dividend yield of 4.93%, the company offers a blend of growth and income potential. Not financial advice.

How frequently does AKAAF data refresh on this page?

AKAAF's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates 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 4.19x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Can I buy fractional shares of AKAAF?

Yes, most major brokerages offer fractional shares of Aker ASA (AKAAF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.

How can I track AKAAF's earnings and financial reports?

Aker ASA (AKAAF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for AKAAF earnings announcements.

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

Price as of Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • 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.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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