Solstad Maritime (SOMAO) Stock Overview

Owns and operates offshore service vessels (OSVs) that provides maritime services to the offshore energy industry in North Sea, North and Central America, Mediterranean and rest of the Europe, Africa, South America, Australia, and Asia. More details

SOMAO fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	4/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 86% below our estimate of its fair value

Revenue is forecast to grow 5.78% per year

Earnings grew by 36.3% over the past year

Analysts in good agreement that stock price will rise by 41%

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Large one-off items impacting financial results

SOMAO Community Fair Values

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Solstad Maritime ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solstad Maritime
Historical stock prices
Current Share Price	NOK 17.98
52 Week High	NOK 17.98
52 Week Low	NOK 17.09
Beta	0
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.21%

Recent updates

Shareholder Returns

	SOMAO	GB Energy Services	GB Market
7D	2.5%	3.9%	0.4%
1Y	n/a	9.1%	17.3%

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

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

Price Volatility

Is SOMAO's price volatile compared to industry and market?
SOMAO volatility
SOMAO Average Weekly Movement	n/a
Energy Services Industry Average Movement	5.8%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.8%
10% least volatile stocks in GB Market	2.6%

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

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

About the Company

Founded	Employees	CEO	Website
2023	1,400	Lars Solstad	www.solstad.com

Solstad Maritime ASA owns and operates offshore service vessels (OSVs) that provides maritime services to the offshore energy industry in North Sea, North and Central America, Mediterranean and rest of the Europe, Africa, South America, Australia, and Asia. The company operates in three segments: Anchor Handling Tug Supply Vessels (AHTS), Construction Service Vessels (CSVs), and Services segments. It operates subsea construction contracts; and offers services to various vessel spreads, such as ROVs, tooling, project personnel, engineering support, survey, and other services.

Solstad Maritime ASA Fundamentals Summary

How do Solstad Maritime's earnings and revenue compare to its market cap?
SOMAO fundamental statistics
Market cap	NOK 8.58b
Earnings (TTM)	NOK 2.53b
Revenue (TTM)	NOK 5.54b

3.4x

P/E Ratio

1.5x

P/S Ratio

Is SOMAO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOMAO income statement (TTM)
Revenue	US$546.25m
Cost of Revenue	US$28.00m
Gross Profit	US$518.25m
Other Expenses	US$269.08m
Earnings	US$249.17m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

Feb 12, 2026

Earnings per share (EPS)	0.54
Gross Margin	94.87%
Net Profit Margin	45.61%
Debt/Equity Ratio	86.6%

How did SOMAO perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

27%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/04 03:33
End of Day Share Price	2025/10/31 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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.

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 Github.

Analyst Sources

Solstad Maritime ASA is covered by 3 analysts. 3 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
Jørgen Lande	Danske Bank
Kristian Aarli	DNB Carnegie
Magnus Andersen	Fearnley Securities

Solstad Maritime ASABATS-CHIXE:SOMAO Stock Report