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Rana Gruber ASA Ordinary Shares RANA

Morningstar Rating
NOK 83.10 +1.30 (1.59%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

RANA is trading at a 2% premium.
Price
NOK 81.22
Fair Value
NOK 13.18
Uncertainty
High
1-Star Price
NOK 512.16
5-Star Price
NOK 27.98
Economic Moat
Sppr
Capital Allocation
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Trading Information

Previous Close Price
NOK 81.80
Day Range
NOK 82.1083.70
52-Week Range
NOK 50.8083.70
Bid/Ask
NOK 83.10 / NOK 83.40
Market Cap
NOK 3.08 Bil
Volume/Avg
50,880 / 96,429

Key Statistics

Price/Earnings (Normalized)
4.97
Price/Sales
1.57
Dividend Yield (Trailing)
15.11%
Dividend Yield (Forward)
20.88%
Total Yield
15.11%

Company Profile

Rana Gruber ASA is a sustainable iron ore producer in Norway. It is engaged in the excavating, processing and sale of iron oxide in the form of hematite, magnetite and iron oxide pigments. Hematite is used for iron and steel production in smelting plants in Europe and magnetite is used in industrial water purification processes. The iron ore production takes place at the group's iron ore deposits at Ortfjell as open-pit production and underground operation. It produces and sells iron ore concentrate, and mainly serves steel producers and participants in the chemical industry.The majority of revenue from contracts with customers arise from the sale of hematite products.
Sector
Basic Materials
Industry
Steel
Stock Style Box
Small Value
Total Number of Employees
341

Comparables

Valuation

Metric
RANA
601969
QNS
Price/Earnings (Normalized)
4.9726.42
Price/Book Value
3.372.212.15
Price/Sales
1.573.154.38
Price/Cash Flow
3.239.1738.58
Price/Earnings
RANA
601969
QNS

Financial Strength

Metric
RANA
601969
QNS
Quick Ratio
0.881.308.84
Current Ratio
1.301.409.59
Interest Coverage
53.1410.06−3.22
Quick Ratio
RANA
601969
QNS

Profitability

Metric
RANA
601969
QNS
Return on Assets (Normalized)
42.13%< 0.01%−2.33%
Return on Equity (Normalized)
78.14%< 0.01%−2.57%
Return on Invested Capital (Normalized)
64.95%0.20%−2.95%
Return on Assets
RANA
601969
QNS
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