SEA1O Stock Overview

Owns and operates offshore support vessels for the offshore energy service industry and offshore renewables market. More details

SEA1O fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 78.9% below our estimate of its fair value

Earnings grew by 188.6% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 9.1% per year for the next 3 years

Shares are highly illiquid

Has a high level of debt

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

Sea1 Offshore Inc. Competitors

Hunting

LSE:HTG

UK£458.6m

Gulf Marine Services

LSE:GMS

UK£169.6m

Plexus Holdings

AIM:POS

UK£10.8m

Tullow Oil

LSE:TLW

UK£277.1m

Price History & Performance

Summary of share price highs, lows and changes for Sea1 Offshore
Historical stock prices
Current Share Price	NOK 33.70
52 Week High	NOK 33.70
52 Week Low	NOK 32.85
Beta	1.03
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	32.68%

Recent updates

Shareholder Returns

	SEA1O	GB Energy Services	GB Market
7D	0%	0.4%	0.5%
1Y	n/a	-39.5%	2.7%

Return vs Industry: Insufficient data to determine how SEA1O performed against the UK Energy Services industry.

Return vs Market: Insufficient data to determine how SEA1O performed against the UK Market.

Price Volatility

Is SEA1O's price volatile compared to industry and market?
SEA1O volatility
SEA1O Average Weekly Movement	n/a
Energy Services Industry Average Movement	6.1%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: SEA1O has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SEA1O's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	1,236	Bernt Omdal	www.sea1offshore.com

Sea1 Offshore Inc., together with its subsidiaries, owns and operates offshore support vessels for the offshore energy service industry and offshore renewables market. It operates platform supply vessels; anchor-handling tug supply vessels; subsea vessels; fast crew and oil spill recovery vessels, and other segments. The company has a fleet of 26 vessels, which includes six platform supply vessels, four offshore subsea construction vessels, two well-intervention vessels, one scientific core drilling vessel, nine anchor handling tug supply vessels, and four fast crew and oil spill recovery vessels.

Sea1 Offshore Inc. Fundamentals Summary

How do Sea1 Offshore's earnings and revenue compare to its market cap?
SEA1O fundamental statistics
Market cap	NOK 4.44b
Earnings (TTM)	NOK 1.68b
Revenue (TTM)	NOK 3.70b

2.6x

P/E Ratio

1.2x

P/S Ratio

Is SEA1O overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SEA1O income statement (TTM)
Revenue	US$342.74m
Cost of Revenue	US$172.41m
Gross Profit	US$170.33m
Other Expenses	US$15.00m
Earnings	US$155.34m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 21, 2024

Earnings per share (EPS)	1.01
Gross Margin	49.70%
Net Profit Margin	45.32%
Debt/Equity Ratio	84.8%

How did SEA1O perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/08/12 18:49
End of Day Share Price	2024/05/15 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

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

Sea1 Offshore Inc. is covered by 10 analysts. 2 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
Kristoffer Iden	Arctic Securities ASA
Morten Lindbäck	Beringer Finance AB
Salman Alam	Carnegie Investment Bank AB

Sea1 Offshore BATS-CHIXE:SEA1O Stock Report