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Petrobras Contracts And Flexible Vessels Will Secure Offshore Potential

Published
12 Feb 25
Updated
28 Aug 25
AnalystConsensusTarget's Fair Value
NOK 119.50
18.0% undervalued intrinsic discount
28 Aug
NOK 98.00
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1Y
-0.9%
7D
0.3%

Author's Valuation

NOK 119.5

18.0% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on27 Aug 25
Fair value Decreased 2.21%

The downward revision in DOF Group’s price target reflects a sharp increase in the forecast P/E ratio and a notable slowdown in projected revenue growth, lowering the fair value estimate from NOK122.20 to NOK119.50. What's in the News DOF Group secured an addendum worth over USD 50 million to its long-term inspection contract with Petrobras in Brazil, alongside a new 4-year contract for the Skandi Salvador valued at approximately USD 165 million, commencing December 2025.

Shared on01 May 25
Fair value Decreased 16%

Shared on23 Apr 25
Fair value Increased 0.90%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Increased 2.16%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 7.60%

AnalystConsensusTarget has decreased discount rate from 9.8% to 8.6%.

Shared on02 Apr 25
Fair value Increased 25%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 10%

Shared on19 Mar 25
Fair value Increased 19%

AnalystConsensusTarget has decreased revenue growth from 14.7% to 12.6%, increased profit margin from 22.7% to 26.0% and increased discount rate from 8.1% to 9.9%.

Shared on13 Mar 25
Fair value Decreased 6.32%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.