SOLSTAD OFFSHORE ASA (SOFF.OL) Stock Fundamental Analysis
OSL:SOFF - Euronext Oslo - NO0003080608 - Common Stock - Currency: NOK
Taking everything into account, SOFF scores 4 out of 10 in our fundamental rating. SOFF was compared to 35 industry peers in the Energy Equipment & Services industry. While SOFF is still in line with the averages on profitability rating, there are concerns on its financial health. SOFF has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year SOFF was profitable.
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.
In the past 5 years SOFF always reported a positive cash flow from operatings.
1.2 Ratios
SOFF has a Return On Assets of 13.76%. This is amongst the best in the industry. SOFF outperforms 97.14% of its industry peers.
The Return On Equity of SOFF (38.51%) is better than 94.29% of its industry peers.
SOFF has a Return On Invested Capital of 6.91%. This is comparable to the rest of the industry: SOFF outperforms 54.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SOFF is in line with the industry average of 10.09%.
The 3 year average ROIC (11.69%) for SOFF is well above the current ROIC(6.91%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.76% | ||
| ROE | 38.51% | ||
| ROIC | 6.91% |
ROA(3y)3.98%
ROA(5y)7.06%
ROE(3y)-0.53%
ROE(5y)26.8%
ROIC(3y)11.69%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 34.73%, SOFF belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
With a decent Operating Margin value of 15.86%, SOFF is doing good in the industry, outperforming 62.86% of the companies in the same industry.
SOFF's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.86% | ||
| PM (TTM) | 34.73% | ||
| GM | N/A |
OM growth 3Y90.07%
OM growth 5YN/A
PM growth 3YN/A
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 well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, SOFF has about the same amount of shares outstanding.
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 5.51. This is a neutral value as SOFF would need 5.51 years to pay back of all of its debts.
With a Debt to FCF ratio value of 5.51, SOFF perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
SOFF has a Debt/Equity ratio of 1.26. This is a high value indicating a heavy dependency on external financing.
SOFF has a worse Debt to Equity ratio (1.26) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 5.51 | ||
| Altman-Z | N/A |
ROIC/WACC1.16
WACC5.98%
2.3 Liquidity
SOFF has a Current Ratio of 0.84. This is a bad value and indicates that SOFF is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.84, SOFF is doing worse than 80.00% of the companies in the same industry.
SOFF has a Quick Ratio of 0.84. This is a bad value and indicates that SOFF is not financially healthy enough and could expect problems in meeting its short term obligations.
SOFF has a Quick ratio of 0.83. This is amonst the worse of the industry: SOFF underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
SOFF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 383.74%, which is quite impressive.
SOFF shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -49.01%.
Measured over the past years, SOFF shows a very negative growth in Revenue. The Revenue has been decreasing by -11.86% on average per year.
EPS 1Y (TTM)383.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%758.55%
Revenue 1Y (TTM)-49.01%
Revenue growth 3Y-19.84%
Revenue growth 5Y-11.86%
Sales Q2Q%-65.84%
3.2 Future
SOFF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.55% yearly.
SOFF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.18% yearly.
EPS Next Y23.29%
EPS Next 2Y25.65%
EPS Next 3Y4.55%
EPS Next 5YN/A
Revenue Next Year8.35%
Revenue Next 2Y5.96%
Revenue Next 3Y1.18%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 3.54, which indicates a rather cheap valuation of SOFF.
Based on the Price/Earnings ratio, SOFF is valued cheaper than 97.14% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.22. SOFF is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 2.87, the valuation of SOFF can be described as very cheap.
97.14% of the companies in the same industry are more expensive than SOFF, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SOFF to the average of the S&P500 Index (20.86), we can say SOFF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.54 | ||
| Fwd PE | 2.87 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SOFF.
SOFF's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SOFF is cheaper than 82.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.43 | ||
| EV/EBITDA | 8.62 |
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.
The decent profitability rating of SOFF may justify a higher PE ratio.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y25.65%
EPS Next 3Y4.55%
5. Dividend
5.1 Amount
SOFF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:SOFF (5/2/2025, 7:00:00 PM)
37.9
+0.1 (+0.26%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners3%
Inst Owner ChangeN/A
Ins Owners3.59%
Ins Owner ChangeN/A
Market Cap3.12B
Analysts86.67
Price Target62.73 (65.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.06%
Min EPS beat(2)-42.33%
Max EPS beat(2)-17.79%
EPS beat(4)0
Avg EPS beat(4)-92.58%
Min EPS beat(4)-209.35%
Max EPS beat(4)-17.79%
EPS beat(8)4
Avg EPS beat(8)-32.17%
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)0
Avg Revenue beat(2)-33.04%
Min Revenue beat(2)-54.3%
Max Revenue beat(2)-11.79%
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)18.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.92%
EPS NY rev (1m)31.33%
EPS NY rev (3m)42.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.07%
Revenue NY rev (1m)4.35%
Revenue NY rev (3m)5.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.54 | ||
| Fwd PE | 2.87 | ||
| P/S | 0.88 | ||
| P/FCF | 3.43 | ||
| P/OCF | 3.15 | ||
| P/B | 0.97 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 8.62 |
EPS(TTM)10.71
EY28.26%
EPS(NY)13.2
Fwd EY34.84%
FCF(TTM)11.04
FCFY29.14%
OCF(TTM)12.03
OCFY31.75%
SpS43.21
BVpS38.98
TBVpS38.98
PEG (NY)0.15
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.76% | ||
| ROE | 38.51% | ||
| ROCE | 7.71% | ||
| ROIC | 6.91% | ||
| ROICexc | 7.29% | ||
| ROICexgc | 7.29% | ||
| OM | 15.86% | ||
| PM (TTM) | 34.73% | ||
| GM | N/A | ||
| FCFM | 25.55% |
ROA(3y)3.98%
ROA(5y)7.06%
ROE(3y)-0.53%
ROE(5y)26.8%
ROIC(3y)11.69%
ROIC(5y)N/A
ROICexc(3y)12.76%
ROICexc(5y)N/A
ROICexgc(3y)12.76%
ROICexgc(5y)N/A
ROCE(3y)13.05%
ROCE(5y)N/A
ROICexcg growth 3Y111.16%
ROICexcg growth 5YN/A
ROICexc growth 3Y111.16%
ROICexc growth 5YN/A
OM growth 3Y90.07%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 5.51 | ||
| Debt/EBITDA | 4.49 | ||
| Cap/Depr | 24.42% | ||
| Cap/Sales | 2.29% | ||
| Interest Coverage | 1.58 | ||
| Cash Conversion | 110.25% | ||
| Profit Quality | 73.58% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | N/A |
F-Score6
WACC5.98%
ROIC/WACC1.16
Cap/Depr(3y)59.35%
Cap/Depr(5y)43.43%
Cap/Sales(3y)8.26%
Cap/Sales(5y)8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)383.74%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%758.55%
EPS Next Y23.29%
EPS Next 2Y25.65%
EPS Next 3Y4.55%
EPS Next 5YN/A
Revenue 1Y (TTM)-49.01%
Revenue growth 3Y-19.84%
Revenue growth 5Y-11.86%
Sales Q2Q%-65.84%
Revenue Next Year8.35%
Revenue Next 2Y5.96%
Revenue Next 3Y1.18%
Revenue Next 5YN/A
EBIT growth 1Y-66.87%
EBIT growth 3Y52.36%
EBIT growth 5YN/A
EBIT Next Year72.61%
EBIT Next 3Y23.46%
EBIT Next 5YN/A
FCF growth 1Y-55.54%
FCF growth 3Y-4.95%
FCF growth 5Y8.75%
OCF growth 1Y-62.96%
OCF growth 3Y-10.53%
OCF growth 5Y-0.38%