Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Cavendish Hydrogen ASA is dedicated to the development and manufacturing of advanced hydrogen refueling systems, catering to markets across Norway, Denmark, broader Europe, North America (including the United States), and various parts of Asia, such as South Korea. Their key offering, the H2Station, represents a versatile suite of hydrogen filling stations engineered to power a wide spectrum of hydrogen-fueled vehicles, ranging from private automobiles and commercial vans to public buses and heavy-duty trucks. Beyond product manufacturing, the company delivers extensive support services, covering project management, system installation, commissioning, operational assistance, maintenance, and the provision of essential spare parts. The company was established in 2003 and operates from its main office in Oslo, Norway.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.
Target Price
The average target price of CAVEN.OL is 8.88 and suggests 61.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to