Odfjell Technology Valuation
Is 0ABV undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of 0ABV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 0ABV (NOK47.78) is trading below our estimate of fair value (NOK147.57)
Significantly Below Fair Value: 0ABV is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 0ABV?
Key metric: As 0ABV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 0ABV's PE Ratio? | |
|---|---|
| PE Ratio | 6.1x |
| Earnings | NOK 315.10m |
| Market Cap | NOK 1.91b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.5x |
| Enterprise Value/EBITDA | 4.1x |
| PEG Ratio | 0.4x |
Price to Earnings Ratio vs Peers
How does 0ABV's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.9x | ||
GMS Gulf Marine Services | 5.9x | n/a | UK£187.2m |
HTG Hunting | 4.6x | -7.9% | UK£480.8m |
HSP Hargreaves Services | 15.4x | 23.4% | UK£188.5m |
ENQ EnQuest | 13.7x | -3.6% | UK£224.5m |
0ABV Odfjell Technology | 6.1x | 15.8% | NOK 1.9b |
Price-To-Earnings vs Peers: 0ABV is good value based on its Price-To-Earnings Ratio (6.1x) compared to the peer average (9.9x).
Price to Earnings Ratio vs Industry
How does 0ABV's PE Ratio compare vs other companies in the European Energy Services Industry?
| 3 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 3 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: 0ABV is good value based on its Price-To-Earnings Ratio (6.1x) compared to the European Energy Services industry average (9.4x).
Price to Earnings Ratio vs Fair Ratio
What is 0ABV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 6.1x |
| Fair PE Ratio | 12.3x |
Price-To-Earnings vs Fair Ratio: 0ABV is good value based on its Price-To-Earnings Ratio (6.1x) compared to the estimated Fair Price-To-Earnings Ratio (12.3x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NOK 47.78 | NOK 77.70 +62.6% | 8.0% | NOK 87.88 | NOK 70.92 | n/a | 4 |
| Nov ’25 | NOK 51.10 | NOK 81.23 +59.0% | 8.3% | NOK 91.80 | NOK 75.10 | n/a | 4 |
| Oct ’25 | NOK 48.95 | NOK 82.57 +68.7% | 8.0% | NOK 91.03 | NOK 74.90 | n/a | 3 |
| Sep ’25 | NOK 53.20 | NOK 81.70 +53.6% | 6.8% | NOK 89.16 | NOK 75.99 | n/a | 3 |
| Aug ’25 | NOK 61.50 | NOK 80.92 +31.6% | 8.0% | NOK 89.23 | NOK 73.54 | n/a | 3 |
| Jul ’25 | NOK 59.20 | NOK 80.92 +36.7% | 8.0% | NOK 89.23 | NOK 73.54 | n/a | 3 |
| Jun ’25 | n/a | NOK 80.92 0% | 8.0% | NOK 89.23 | NOK 73.54 | n/a | 3 |
| May ’25 | NOK 61.01 | NOK 82.87 +35.8% | 8.5% | NOK 92.08 | NOK 74.99 | n/a | 3 |
| Apr ’25 | NOK 64.80 | NOK 82.36 +27.1% | 7.9% | NOK 91.06 | NOK 75.41 | n/a | 3 |
| Mar ’25 | NOK 61.01 | NOK 82.04 +34.5% | 8.2% | NOK 91.07 | NOK 74.94 | n/a | 3 |
| Feb ’25 | NOK 56.80 | NOK 76.24 +34.2% | 15.5% | NOK 90.77 | NOK 61.84 | n/a | 3 |
| Jan ’25 | NOK 55.80 | NOK 78.92 +41.4% | 13.1% | NOK 90.66 | NOK 65.49 | n/a | 3 |
| Dec ’24 | NOK 50.50 | NOK 78.92 +56.3% | 13.1% | NOK 90.66 | NOK 65.49 | n/a | 3 |
| Nov ’24 | NOK 55.40 | NOK 74.54 +34.5% | 9.7% | NOK 79.88 | NOK 64.30 | NOK 51.10 | 3 |
| Oct ’24 | NOK 53.04 | NOK 74.54 +40.5% | 9.7% | NOK 79.88 | NOK 64.30 | NOK 48.95 | 3 |
| Sep ’24 | n/a | NOK 74.54 0% | 9.7% | NOK 79.88 | NOK 64.30 | NOK 53.20 | 3 |
| Aug ’24 | n/a | NOK 71.92 0% | 16.0% | NOK 80.54 | NOK 55.69 | NOK 61.50 | 3 |
| Jul ’24 | NOK 44.29 | NOK 69.63 +57.2% | 16.9% | NOK 81.41 | NOK 57.86 | NOK 59.20 | 2 |
| Jun ’24 | NOK 45.09 | NOK 69.63 +54.4% | 16.9% | NOK 81.41 | NOK 57.86 | n/a | 2 |
| May ’24 | NOK 53.20 | NOK 69.33 +30.3% | 15.5% | NOK 80.09 | NOK 58.56 | NOK 61.01 | 2 |
| Apr ’24 | NOK 52.93 | NOK 69.33 +31.0% | 15.5% | NOK 80.09 | NOK 58.56 | NOK 64.80 | 2 |
| Mar ’24 | n/a | NOK 68.75 0% | 16.4% | NOK 80.02 | NOK 57.48 | NOK 61.01 | 2 |
| Feb ’24 | n/a | NOK 58.66 0% | 19.3% | NOK 70.00 | NOK 47.32 | NOK 56.80 | 2 |
| Jan ’24 | n/a | NOK 49.28 0% | 2.5% | NOK 50.52 | NOK 48.03 | NOK 55.80 | 2 |
| Dec ’23 | n/a | NOK 49.28 0% | 2.5% | NOK 50.52 | NOK 48.03 | NOK 50.50 | 2 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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