Orsted's third-quarter underlying EBITDA jumped 72% to DKK 5.26 billion, well above the company-compiled consensus. The group booked a net loss of DKK 0.7 billion because of DKK 3.5 billion in impairments on US assets driven by higher interest rates. This was largely anticipated.
The rights issue and the farm-down of Hornsea 3 considerably shored up Orsted's balance sheet.
A victory of the Reform UK party at the next general elections would be negative for the UK offshore wind industry, which is led by Orsted.
Metric | ORSTED | IBE | RWE |
|---|---|---|---|
Price/Earnings (Normalized) | 25.93 | 27.92 | 12.70 |
Price/Book Value | 1.57 | 2.70 | 1.22 |
Price/Sales | 2.26 | 3.68 | 2.60 |
Price/Cash Flow | 9.10 | 12.86 | 5.50 |
Metric | ORSTED | IBE | RWE |
|---|---|---|---|
Quick Ratio | 1.36 | 0.62 | 0.48 |
Current Ratio | 1.72 | 0.74 | 1.19 |
Interest Coverage | 1.28 | 4.42 | 0.49 |
Metric | ORSTED | IBE | RWE |
|---|---|---|---|
Return on Assets (Normalized) | 2.54% | 4.04% | 2.11% |
Return on Equity (Normalized) | 8.19% | 11.67% | 6.51% |
Return on Invested Capital (Normalized) | 4.02% | 6.82% | 2.66% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Verbund AG ADR OEZVY | — | LOCK|Y@ | $28B | |||
| Orsted AS ADR DNNGY | — | LOCK|fm | $28B | |||
| Orsted AS DOGEF | — | LOCK|zH | $28B | |||
| Fortum Oyj FOJCF | — | LOCK|W$JS | $24B | |||
| Fortum Oyj ADR FOJCY | — | LOCK|%>&& | $24B | |||
| Axia Energia ADR AXIAY | — | LOCK|$r | $21B | |||
| Axia Energia Preferred C ADS AXICY | — | LOCK|wD? | $21B | |||
| EDP Renewables SA ADR EDRVY | — | LOCK|PP^ | $16B | |||
| EDP Renewables SA EDRVF | — | LOCK|w^ | $16B | |||
| China Longyuan Power Group Corp Ltd ADR CLPXY | — | LOCK|%#% | $13B |
United States