Electromagnetic Geoservices (DB:E2M) - Stock Price, News & Analysis

E2M Stock Overview

Provides electromagnetic (EM) surveying technology and services to the offshore oil and gas exploration industry. More details

E2M fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 76.5% below our estimate of its fair value

Risk Analysis

Negative shareholders equity

Earnings have declined by 6.8% per year over past 5 years

Does not have a meaningful market cap (€278M)

Volatile share price over the past 3 months compared to the German market

Electromagnetic Geoservices ASA Competitors

Daldrup & Söhne

XTRA:4DS

€47.9m

Alphageo (India)

BSE:526397

₹2.3b

Atlantis Subsea Indonesia

IDX:ATLA

Rp310.0b

Global Offshore Services

BSE:501848

₹3.1b

Price History & Performance

Summary of all time highs, changes and price drops for Electromagnetic Geoservices
Historical stock prices
Current Share Price	NOK 0.17
52 Week High	NOK 0.21
52 Week Low	NOK 0.14
Beta	1.91
11 Month Change	7.79%
3 Month Change	-12.17%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-99.91%

Recent updates

Shareholder Returns

	E2M	DE Energy Services	DE Market
7D	1.3%	-1.6%	0.8%
1Y	n/a	11.4%	9.1%

Return vs Industry: Insufficient data to determine how E2M performed against the German Energy Services industry.

Return vs Market: Insufficient data to determine how E2M performed against the German Market.

Price Volatility

Is E2M's price volatile compared to industry and market?
E2M volatility
E2M Average Weekly Movement	8.3%
Energy Services Industry Average Movement	5.4%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: E2M's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine E2M's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2002	19	Bjørn Lindhom	www.emgs.com

Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying technology and services to the offshore oil and gas exploration industry. It is involved in the planning, acquisition, processing, modelling, interpretation, and integration of EM data. The company also uses its patented EM survey method to find hydrocarbons in offshore reservoirs.

Electromagnetic Geoservices ASA Fundamentals Summary

How do Electromagnetic Geoservices's earnings and revenue compare to its market cap?
E2M fundamental statistics
Market cap	€23.84m
Earnings (TTM)	-€8.49m
Revenue (TTM)	€15.43m

1.5x

P/S Ratio

-2.8x

P/E Ratio

Is E2M overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
E2M income statement (TTM)
Revenue	US$16.19m
Cost of Revenue	US$8.68m
Gross Profit	US$7.52m
Other Expenses	US$16.42m
Earnings	-US$8.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 06, 2025

Earnings per share (EPS)	-0.068
Gross Margin	46.42%
Net Profit Margin	-55.01%
Debt/Equity Ratio	-421.5%

How did E2M perform over the long term?

See historical performance and comparison

Electromagnetic Geoservices DB:E2M Stock Report