Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Eqva ASA operates as a global, knowledge-driven maritime enterprise with a core focus on shipbuilding. The company's activities are structured into two main segments: Shipbuilding Technology and Other. It provides comprehensive services to shipowners, including the construction of new vessels, significant modifications, and ongoing maintenance. These services support a variety of sectors such as offshore oil production, renewable energy development, commercial fishing, and aquaculture. Additionally, Eqva delivers specialized technology solutions to clients within the seafood, energy, and transport industries. Founded in 1999, the company was formerly known as Havyard Group ASA before adopting the name Eqva ASA in November 2022. Its main offices are located in Fosnavåg, Norway.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, undervalued on EV/EB