SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Fundamental Analysis
OSL:SOFF - Euronext Oslo - NO0003080608 - Common Stock - Currency: NOK
We assign a fundamental rating of 3 out of 10 to SOFF. SOFF was compared to 35 industry peers in the Energy Equipment & Services industry. SOFF may be in some trouble as it scores bad on both profitability and health. SOFF has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
SOFF had positive earnings in the past year.
SOFF had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: SOFF reported negative net income in multiple years.
SOFF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -3.05%, SOFF is doing worse than 85.29% of the companies in the same industry.
Looking at the Return On Equity, with a value of -15.20%, SOFF is doing worse than 85.29% of the companies in the same industry.
SOFF's Return On Invested Capital of 13.16% is fine compared to the rest of the industry. SOFF outperforms 79.41% of its industry peers.
SOFF had an Average Return On Invested Capital over the past 3 years of 9.15%. This is below the industry average of 12.90%.
The 3 year average ROIC (9.15%) for SOFF is below the current ROIC(13.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.05% | ||
| ROE | -15.2% | ||
| ROIC | 13.16% |
ROA(3y)-2.22%
ROA(5y)2.13%
ROE(3y)-25.64%
ROE(5y)N/A
ROIC(3y)9.15%
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of SOFF has declined.
Looking at the Operating Margin, with a value of 21.75%, SOFF belongs to the top of the industry, outperforming 85.29% of the companies in the same industry.
The Profit Margin and Gross Margin are not available for SOFF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.75% | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-65.85%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SOFF has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SOFF has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SOFF has more shares outstanding
Compared to 1 year ago, SOFF has an improved debt to assets ratio.
2.2 Solvency
SOFF has a debt to FCF ratio of 4.01. This is a neutral value as SOFF would need 4.01 years to pay back of all of its debts.
SOFF has a Debt to FCF ratio of 4.01. This is comparable to the rest of the industry: SOFF outperforms 58.82% of its industry peers.
SOFF has a Debt/Equity ratio of 3.06. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.06, SOFF is not doing good in the industry: 88.24% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.06 | ||
| Debt/FCF | 4.01 | ||
| Altman-Z | N/A |
ROIC/WACC1.79
WACC7.37%
2.3 Liquidity
SOFF has a Current Ratio of 1.05. This is a normal value and indicates that SOFF is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of SOFF (1.05) is worse than 76.47% of its industry peers.
A Quick Ratio of 1.03 indicates that SOFF should not have too much problems paying its short term obligations.
The Quick ratio of SOFF (1.03) is worse than 73.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
SOFF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -106.40%.
SOFF shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -62.48% yearly.
The Revenue for SOFF has decreased by -33.42% in the past year. This is quite bad
SOFF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.29% yearly.
EPS 1Y (TTM)-106.4%
EPS 3Y-62.47%
EPS 5YN/A
EPS Q2Q%-3.23%
Revenue 1Y (TTM)-33.42%
Revenue growth 3Y11.57%
Revenue growth 5Y7.29%
Sales Q2Q%-52.85%
3.2 Future
SOFF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 53.40% yearly.
SOFF is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -15.30% yearly.
EPS Next Y185.64%
EPS Next 2Y104.45%
EPS Next 3Y90.67%
EPS Next 5Y53.4%
Revenue Next Year-49.8%
Revenue Next 2Y-27.85%
Revenue Next 3Y-16.89%
Revenue Next 5Y-15.3%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SOFF is valuated quite expensively with a Price/Earnings ratio of 100.71.
Based on the Price/Earnings ratio, SOFF is valued a bit more expensive than the industry average as 70.59% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 29.39, SOFF is valued quite expensively.
Based on the Price/Forward Earnings ratio of 4.57, the valuation of SOFF can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SOFF indicates a rather cheap valuation: SOFF is cheaper than 94.12% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SOFF to the average of the S&P500 Index (94.38), we can say SOFF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 100.71 | ||
| Fwd PE | 4.57 |
4.2 Price Multiples
SOFF's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SOFF is cheaper than 76.47% of the companies in the same industry.
SOFF's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SOFF is cheaper than 91.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.35 | ||
| EV/EBITDA | 4.44 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SOFF's earnings are expected to grow with 90.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.54
PEG (5Y)N/A
EPS Next 2Y104.45%
EPS Next 3Y90.67%
5. Dividend
5.1 Amount
No dividends for SOFF!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SOLSTAD OFFSHORE ASA
OSL:SOFF (2/11/2025, 7:00:00 PM)
42.3
+1.6 (+3.93%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners1.98%
Inst Owner ChangeN/A
Ins Owners3.59%
Ins Owner ChangeN/A
Market Cap3.48B
Analysts86.67
Price Target53.04 (25.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend6.89
Dividend Growth(5Y)22.74%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-155.11%
Min EPS beat(2)-209.35%
Max EPS beat(2)-100.86%
EPS beat(4)2
Avg EPS beat(4)-62.35%
Min EPS beat(4)-209.35%
Max EPS beat(4)43.91%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)57.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-3.73%
EPS NY rev (3m)-3.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-52.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 100.71 | ||
| Fwd PE | 4.57 | ||
| P/S | 0.67 | ||
| P/FCF | 2.35 | ||
| P/OCF | 2.08 | ||
| P/B | 2 | ||
| P/tB | 2 | ||
| EV/EBITDA | 4.44 |
EPS(TTM)0.42
EY0.99%
EPS(NY)9.25
Fwd EY21.88%
FCF(TTM)18.03
FCFY42.63%
OCF(TTM)20.31
OCFY48.01%
SpS63.34
BVpS21.18
TBVpS21.18
PEG (NY)0.54
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.05% | ||
| ROE | -15.2% | ||
| ROCE | 15.89% | ||
| ROIC | 13.16% | ||
| ROICexc | 14.28% | ||
| ROICexgc | 14.28% | ||
| OM | 21.75% | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | 28.47% |
ROA(3y)-2.22%
ROA(5y)2.13%
ROE(3y)-25.64%
ROE(5y)N/A
ROIC(3y)9.15%
ROIC(5y)N/A
ROICexc(3y)10.06%
ROICexc(5y)N/A
ROICexgc(3y)10.06%
ROICexgc(5y)N/A
ROCE(3y)11.05%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-65.85%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.06 | ||
| Debt/FCF | 4.01 | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 22.33% | ||
| Cap/Sales | 3.59% | ||
| Interest Coverage | 1.46 | ||
| Cash Conversion | 84.74% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | N/A |
F-Score4
WACC7.37%
ROIC/WACC1.79
Cap/Depr(3y)59.48%
Cap/Depr(5y)41.87%
Cap/Sales(3y)9.29%
Cap/Sales(5y)8.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-106.4%
EPS 3Y-62.47%
EPS 5YN/A
EPS Q2Q%-3.23%
EPS Next Y185.64%
EPS Next 2Y104.45%
EPS Next 3Y90.67%
EPS Next 5Y53.4%
Revenue 1Y (TTM)-33.42%
Revenue growth 3Y11.57%
Revenue growth 5Y7.29%
Sales Q2Q%-52.85%
Revenue Next Year-49.8%
Revenue Next 2Y-27.85%
Revenue Next 3Y-16.89%
Revenue Next 5Y-15.3%
EBIT growth 1Y-3.84%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year23.14%
EBIT Next 3Y2.75%
EBIT Next 5Y-5.44%
FCF growth 1Y85.37%
FCF growth 3Y87.2%
FCF growth 5Y18.08%
OCF growth 1Y26.36%
OCF growth 3Y51.08%
OCF growth 5Y16.52%