Global Offshore Services
Market Cap
₹217.9m
Last Updated
2021/01/19 12:06 UTC
Data Sources
Company Financials
Executive Summary
Global Offshore Services Limited engages in the charter of offshore support vessels in India, the North Sea, Brazil, and West Africa. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with questionable track record.
Share Price & News
How has Global Offshore Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLOBOFFS is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: GLOBOFFS's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-3.7%
GLOBOFFS
-2.1%
IN Energy Services
-2.2%
IN Market
1 Year Return
76.7%
GLOBOFFS
1.5%
IN Energy Services
15.2%
IN Market
Return vs Industry: GLOBOFFS exceeded the Indian Energy Services industry which returned 1.5% over the past year.
Return vs Market: GLOBOFFS exceeded the Indian Market which returned 15.2% over the past year.
Shareholder returns
| GLOBOFFS | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | -2.1% | -2.2% |
| 30 Day | -12.1% | 3.2% | 3.4% |
| 90 Day | 65.5% | 10.5% | 21.5% |
| 1 Year | 76.7%76.7% | 2.4%1.5% | 17.3%15.2% |
| 3 Year | -75.8%-75.8% | -28.9%-30.9% | 7.2%2.0% |
| 5 Year | -96.9%-96.9% | 49.5%43.8% | 78.6%65.0% |
Long-Term Price Volatility Vs. Market
How volatile is Global Offshore Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
We're Not So Sure You Should Rely on Global Offshore Services's (NSE:GLOBOFFS) Statutory Earnings9 months ago | Simply Wall St
Can We See Significant Insider Ownership On The Global Offshore Services Limited (NSE:GLOBOFFS) Share Register?Valuation
Is Global Offshore Services undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GLOBOFFS (₹9.1) is trading below our estimate of fair value (₹1709.95)
Significantly Below Fair Value: GLOBOFFS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GLOBOFFS is good value based on its PE Ratio (2.1x) compared to the IN Energy Services industry average (16.3x).
PE vs Market: GLOBOFFS is good value based on its PE Ratio (2.1x) compared to the Indian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLOBOFFS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLOBOFFS has negative assets, so we can't compare its PB Ratio to the IN Energy Services industry average.
Next Steps
Future Growth
How is Global Offshore Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.7%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Global Offshore Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Global Offshore Services is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Global Offshore Services competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Global Offshore Services performed over the past 5 years?
-31.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLOBOFFS has a large one-off gain of ₹965.9M impacting its September 30 2020 financial results.
Growing Profit Margin: GLOBOFFS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GLOBOFFS has become profitable over the past 5 years, growing earnings by -31% per year.
Accelerating Growth: GLOBOFFS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GLOBOFFS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-12%).
Return on Equity
High ROE: GLOBOFFS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Global Offshore Services's financial position?
Financial Position Analysis
Short Term Liabilities: GLOBOFFS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GLOBOFFS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GLOBOFFS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GLOBOFFS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GLOBOFFS's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: GLOBOFFS's interest payments on its debt are not well covered by EBIT (0.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Global Offshore Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GLOBOFFS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GLOBOFFS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GLOBOFFS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GLOBOFFS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GLOBOFFS is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GLOBOFFS's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Global Offshore Services has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 2.67yrs | ₹100.00k | 3.13% ₹ 6.8m | |
| Chief Financial Officer | 3.5yrs | ₹3.92m | 0.00040% ₹ 871.4 | |
| President of Operation & HSSE | no data | ₹37.00 | no data | |
| President of Legal & Admin | no data | ₹4.05m | 0.015% ₹ 31.8k | |
| President of Commercial | no data | ₹46.00 | 0.00040% ₹ 871.4 | |
| Whole Time Director | 1.75yrs | ₹4.62m | 0.0040% ₹ 8.8k | |
| General Manager of Accounts | no data | no data | no data | |
| President of Technical | 0.75yr | no data | no data | |
| Senior Manager of HR & Admin | no data | no data | no data |
1.8yrs
Average Tenure
53yo
Average Age
Experienced Management: GLOBOFFS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 2.67yrs | ₹100.00k | 3.13% ₹ 6.8m | |
| Whole Time Director | 1.75yrs | ₹4.62m | 0.0040% ₹ 8.8k | |
| Independent Director | 16.67yrs | ₹150.00k | 0.00040% ₹ 871.4 | |
| Non-Independent & Non Executive Director | 28.17yrs | ₹75.00k | 0.49% ₹ 1.1m | |
| Independent Director | 8.5yrs | ₹125.00k | no data | |
| Additional Independent Director | 1yr | ₹45.00k | no data |
5.6yrs
Average Tenure
51yo
Average Age
Experienced Board: GLOBOFFS's board of directors are considered experienced (5.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Global Offshore Services Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Global Offshore Services Limited
- Ticker: GLOBOFFS
- Exchange: NSEI
- Founded: 1976
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: ₹217.861m
- Shares outstanding: 24.73m
- Website: https://www.globaloffshore.in
Number of Employees
Location
- Global Offshore Services Limited
- 101 & 202, Swapnabhoomi
- A-Wing
- Mumbai
- Maharashtra
- 400028
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 501848 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Dec 2001 |
| GLOBOFFS | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Dec 2001 |
Biography
Global Offshore Services Limited engages in the charter of offshore support vessels in India, the North Sea, Brazil, and West Africa. Its vessels provide support services to the oil and gas exploration act...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 12:06 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.