Scatec ASA (STECF) Stock

About Scatec ASA

Scatec ASA functions as a global clean energy generator, specializing in sustainable electricity production. The company's operations are structured into three primary divisions: Power Production, Services, and Development and Construction. It is responsible for the full lifecycle of renewable energy assets, from conception and construction to ownership and ongoing management of facilities harnessing solar, wind, and hydroelectric energy, alongside accompanying storage infrastructure. Its services further extend to comprehensive engineering, procurement, construction (EPC), day-to-day operational management, routine maintenance, and overall asset stewardship for its power plants. Scatec boasts a combined capacity of 15 gigawatts (GW) from both active and prospective projects. Established in 2007, the company was previously traded as Scatec Solar ASA, adopting its current designation, Scatec ASA, in November 2020. Its principal offices are located in Oslo, Norway.

Scatec ASA is headquartered in NO.

Scatec ASA (STECF) stock trades at $12.60 with a market capitalization of $2.01B. The stock is valued at a price-to-earnings (P/E) ratio of 118.07, price-to-book of 1.52, price-to-sales of 4.07. Over the past 52 weeks the stock has ranged between $7.65 and $12.60, and currently trades at its 52-week high.

On profitability, Scatec ASA generates a return on equity (ROE) of 1.23%, return on capital employed of 3.71%, an operating margin of 43.17%, a net profit margin of 3.40%.

Official website: scatec.com