EMGSO Stock Overview

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

EMGSO fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	2/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 54.5% below our estimate of its fair value

Became profitable this year

Risk Analysis

Negative shareholders equity

Shares are highly illiquid

Has a high level of debt

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Electromagnetic Geoservices ASA Competitors

Plexus Holdings

AIM:POS

UK£10.8m

Gulf Marine Services

LSE:GMS

UK£169.6m

Hunting

LSE:HTG

UK£458.6m

Indus Gas

AIM:INDI

UK£16.5m

Price History & Performance

Summary of share price highs, lows and changes for Electromagnetic Geoservices
Historical stock prices
Current Share Price	NOK 1.81
52 Week High	NOK 1.81
52 Week Low	NOK 1.81
Beta	2.78
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	-32.86%
5 Year Change	-30.27%
Change since IPO	-99.66%

Recent updates

Shareholder Returns

	EMGSO	GB Energy Services	GB Market
7D	0%	0.02%	-0.6%
1Y	n/a	-39.0%	3.1%

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

Return vs Market: Insufficient data to determine how EMGSO performed against the UK Market.

Price Volatility

Is EMGSO's price volatile compared to industry and market?
EMGSO volatility
EMGSO Average Weekly Movement	n/a
Energy Services Industry Average Movement	6.0%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: EMGSO has not had significant price volatility in the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
2002	17	Bjørn Lindhom	www.emgs.com

Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying 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 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?
EMGSO fundamental statistics
Market cap	NOK 261.94m
Earnings (TTM)	NOK 100.11m
Revenue (TTM)	NOK 330.33m

2.6x

P/E Ratio

0.8x

P/S Ratio

Is EMGSO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EMGSO income statement (TTM)
Revenue	US$33.53m
Cost of Revenue	US$3.68m
Gross Profit	US$29.85m
Other Expenses	US$19.69m
Earnings	US$10.16m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 18, 2022

Earnings per share (EPS)	0.078
Gross Margin	89.02%
Net Profit Margin	30.31%
Debt/Equity Ratio	-2,792.0%

How did EMGSO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/07/04 14:49
End of Day Share Price	2022/04/06 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Electromagnetic Geoservices ASA is covered by 12 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John A. Olaisen	ABG Sundal Collier
Christopher Mollerlokken	Arctic Securities ASA
Håkon Johansen	Beringer Finance AB