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Orsted A/S (DNNGY)
OTHER OTC:DNNGY
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Orsted
(OTC:DNNGY)
49Neutral
Orsted (DNNGY) vs. S&P 500 (SPY)
Market Cap
$17.10B
Dividend YieldN/A
Average Volume (3M)3.75K
Price to Earnings (P/E)21.1
Beta (1Y)<0.01
Revenue Growth5.43%
EPS GrowthN/A
CountryUS
Employees8,251
SectorUtilities
Sector Strength92
IndustryRenewable Utilities
Share Statistics
EPS (TTM)0.54
Shares Outstanding1,261,155,600
10 Day Avg. Volume0
30 Day Avg. Volume3,751
Financial Highlights & Ratios
PEG Ratio4.21
Price to Book (P/B)1.57
Price to Sales (P/S)0.00
P/FCF Ratio-5.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
Orsted Business Overview & Revenue Model
Company DescriptionØrsted A/S, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. It operates through Offshore, Onshore, and Markets & Bioenergy segments. The Offshore segment develops, constructs, owns, and operates offshore wind farms in the United Kingdom, Germany, Denmark, the Netherlands, the United States, Taiwan, Japan, and South Korea. The Onshore segment develops, owns, and operates onshore wind and solar farms in the United States. The Markets & Bioenergy segment engages in the generation of heat and power from combined heat and power plants in Denmark; sells power and gas in the wholesale and B2B markets; and optimizes and hedges energy portfolio. The company was formerly known as DONG Energy A/S and changed its name to Ørsted A/S in November 2017. Ørsted A/S was founded in 1972 and is headquartered in Fredericia, Denmark.
How the Company Makes MoneyØrsted makes money primarily through the sale of electricity generated from its renewable energy assets, including offshore and onshore wind farms, solar power installations, and energy storage solutions. The company enters into long-term power purchase agreements (PPAs) with utilities, governments, and corporate clients, providing a stable and recurring revenue stream. Additionally, Ørsted engages in trading activities related to the energy market, leveraging its expertise to optimize the dispatch of power and manage energy price risks. Significant partnerships with governments and other enterprises also contribute to its earnings, facilitating the development and expansion of its renewable energy projects globally.
Orsted Financial Statement Overview
Summary
Orsted's financial performance shows a mix of strengths and concerns. Revenue and profitability have declined, with a negative net profit margin due to a net loss of -206 million. The balance sheet reveals high leverage with a debt-to-equity ratio of 1.16, and negative ROE due to net losses. The cash flow statement indicates ongoing challenges with negative free cash flows despite positive operating cash flow, reflecting the company's resilience.Income Statement
The company has faced significant challenges in recent years, with declining revenue and profitability. The gross profit margin in 2024 was 38.86%, but the net profit margin was negative due to a net loss of -206 million. Revenue decreased from 69.08 billion in 2023 to 58.83 billion in 2024, indicating a negative growth rate of -14.78%. The company also struggled with negative EBIT and EBITDA in 2023, though these improved in 2024.45
Neutral
Balance Sheet
The balance sheet shows a high level of debt relative to equity, with a debt-to-equity ratio of 1.16 in 2024. However, the equity ratio is reasonably stable at 27.81%, indicating a solid base of stockholders' equity. ROE is negative due to net losses, which remains a concern for investors.55
Neutral
Cash Flow
The cash flow statement reflects substantial capital expenditures leading to negative free cash flows. Operating cash flow to net income ratio is difficult to assess due to negative net income. The company shows resilience with positive operating cash flow, but the free cash flow to net income ratio remains negative, highlighting ongoing cash flow challenges.50
Neutral
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 58.83B | 69.08B | 126.09B | 69.14B | 37.10B | Gross Profit |
| 22.87B | 22.45B | 28.93B | 16.03B | 11.32B | EBIT |
| 6.17B | -17.85B | 13.37B | 8.04B | 9.01B | EBITDA |
| 16.84B | -7.70B | 27.34B | 23.84B | 27.49B | Net Income Common Stockholders |
| -206.00M | -20.51B | 15.13B | 10.96B | 15.60B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 32.94B | 39.18B | 38.13B | 14.83B | 29.87B | Total Assets |
| 298.79B | 281.14B | 314.14B | 270.38B | 196.72B | Total Debt |
| 96.62B | 88.05B | 71.55B | 58.53B | 41.82B | Net Debt |
| 73.81B | 78.38B | 57.84B | 49.90B | 36.38B | Total Liabilities |
| 205.30B | 203.34B | 218.61B | 185.25B | 99.39B | Stockholders Equity |
| 83.09B | 75.89B | 91.54B | 82.06B | 94.61B |
| Cash Flow | Free Cash Flow | |||
| -24.30B | -9.67B | -21.08B | -22.42B | -10.49B | Operating Cash Flow |
| 18.36B | 28.53B | 11.92B | 12.15B | 16.47B | Investing Cash Flow |
| -21.76B | -34.73B | -17.91B | -12.59B | -16.56B | Financing Cash Flow |
| 15.84B | 265.00M | 13.79B | 3.39B | -2.13B |
Orsted Technical Analysis
Negative
12.71
Price Trends
14.42
Negative
14.32
Negative
17.08
Negative
Market Momentum
-0.38
Positive
37.52
Neutral
16.41
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DNNGY, the sentiment is Negative. The current price of 12.71 is below the 20-day moving average (MA) of 13.61, below the 50-day MA of 14.42, and below the 200-day MA of 17.08, indicating a bearish trend. The MACD of -0.38 indicates Positive momentum. The RSI at 37.52 is Neutral, neither overbought nor oversold. The STOCH value of 16.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DNNGY.
Orsted Peers Comparison
Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $5.74B | 35.78 | 4.70% | 5.83% | -1.34% | 21.62% | |
68 Neutral | $5.76B | 33.70 | 4.70% | 6.19% | -1.34% | 21.62% | |
65 Neutral | $2.30B | 91.76 | 2.00% | ― | -1.77% | -41.65% | |
63 Neutral | $8.49B | 10.80 | 5.35% | 4.36% | 3.56% | -11.45% | |
54 Neutral | $5.19B | 32.67 | -4.65% | 4.98% | 1.01% | -110.78% | |
49 Neutral | $17.10B | 21.10 | -1.25% | ― | 5.43% | ― | |
42 Neutral | $5.02B | ― | -38.37% | ― | 62.41% | -85.81% |
* Utilities Sector Average
Performance Comparison
DNNGY
Orsted
12.71
-7.33
-36.58%
CWEN
Clearway Energy
28.88
3.54
13.97%
CWEN.A
Clearway Energy
27.17
3.84
16.46%
BEPC
Brookfield Renewable
28.90
-0.98
-3.28%
SMR
NuScale Power
17.45
11.07
173.51%
RNW
ReNew Energy Global
6.58
0.55
9.12%
Orsted Earnings Call Summary
Earnings Call Date:May 07, 2025
(Q1-2025)
| % Change Since: -6.34%|
Next Earnings Date:Aug 13, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted strong financial performance with increased EBITDA and successful divestments. However, significant challenges were noted, including the discontinuation of the Hornsea 4 project and financial implications from U.S. tariffs and project cancellations.Q1-2025 Updates
Positive Updates
Solid EBITDA Growth
Reported group EBITDA increased by 18% compared to last year, amounting to DKK8.9 billion.
Successful Divestments
Completed divestments of solar farms in the U.S. and part of the West of Duddon Sands offshore wind farm in the U.K., generating proceeds of around DKK7 billion.
Operational Capacity Milestone
Successfully commissioned the Gode Wind 3 project, increasing installed offshore wind capacity to over 10 gigawatts.
Increased Renewable Energy Share
Renewable energy generation reached 99% in Q1 2025, driven by the closing of a large coal-fueled CHP plant.
Improved Safety Record
Total recordable injury rate reduced from 2.9% last year to 1.9%.
Negative Updates
Hornsea 4 Project Discontinuation
Decision to discontinue the development of the 2.4 gigawatt Hornsea 4 project due to cost increases and execution risks.
U.S. Tariff Impacts
New tariffs on steel and aluminum imports to the U.S. led to an additional impairment of DKK1.2 billion.
Fatalities at Plum Creek Wind Farm
Two tragic fatalities among contractor employees, overshadowing safety improvements.
Potential Financial Impact from Project Cancellation
Hornsea 4 discontinuation could lead to a negative impact on EBITDA of approximately DKK3 billion to DKK3.5 billion in Q2 2025.
Company Guidance
During the Ørsted Q1 2025 earnings call, CEO Rasmus Errboe outlined the company's strategic priorities and provided a detailed update on their offshore wind projects. The company has set a target to deliver more than 8 gigawatts in their offshore construction portfolio and reported a solid operational performance with an 18% increase in group EBITDA compared to last year, totaling DKK8.9 billion. Ørsted also highlighted their commitment to a disciplined capital allocation strategy, focusing on value over volume, which led to the discontinuation of the 2.4 gigawatt Hornsea 4 project in its current form due to increased costs and execution risks. The divestment of assets, such as parts of the West of Duddon Sands offshore wind farm, brought in total proceeds of around DKK7 billion, supporting a strengthened capital structure. Despite short-term challenges in the offshore wind sector, Ørsted reaffirmed its full-year EBITDA guidance of DKK25 billion to DKK28 billion and a gross investment forecast of DKK50 billion to DKK54 billion. The company also reported a decrease in their total recordable injury rate, reflecting a focus on safety, and emphasized the importance of monitoring evolving regulatory frameworks to ensure continued competitiveness.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.