AqualisBraemar ASA, an investment holding company, provides marine and engineering consultancy services to the offshore oil and gas industry and offshore renewables market worldwide.
Flawless balance sheet and undervalued.
Share Price & News
How has AqualisBraemar's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AQUA has not had significant price volatility in the past 3 months.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: AQUA exceeded the Norwegian Energy Services industry which returned -32.8% over the past year.
Return vs Market: AQUA matched the Norwegian Market which returned -5.1% over the past year.
Price Volatility Vs. Market
How volatile is AqualisBraemar's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat Kind Of Shareholder Appears On The AqualisBraemar ASA's (OB:AQUA) Shareholder Register?
1 month ago | Simply Wall StThe AqualisBraemar (OB:AQUA) Share Price Is Down 43% So Some Shareholders Are Getting Worried
2 months ago | Simply Wall StWe're Not So Sure You Should Rely on AqualisBraemar's (OB:AQUA) Statutory Earnings
Is AqualisBraemar undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AQUA (NOK3.97) is trading below our estimate of fair value (NOK10.47)
Significantly Below Fair Value: AQUA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AQUA is good value based on its PE Ratio (1.5x) compared to the Energy Services industry average (9.8x).
PE vs Market: AQUA is good value based on its PE Ratio (1.5x) compared to the Norwegian market (14.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AQUA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AQUA is good value based on its PB Ratio (0.4x) compared to the NO Energy Services industry average (0.5x).
How is AqualisBraemar forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 AqualisBraemar 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.
- Examine whether AqualisBraemar 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.
- AqualisBraemar competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has AqualisBraemar performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AQUA has a high level of non-cash earnings.
Growing Profit Margin: AQUA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AQUA has become profitable over the past 5 years, growing earnings by 31.2% per year.
Accelerating Growth: AQUA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AQUA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-44.4%).
Return on Equity
High ROE: AQUA's Return on Equity (23.4%) is considered high.
Return on Assets
Return on Capital Employed
How is AqualisBraemar's financial position?
Financial Position Analysis
Short Term Liabilities: AQUA's short term assets ($50.1M) exceed its short term liabilities ($14.3M).
Long Term Liabilities: AQUA's short term assets ($50.1M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: AQUA is debt free.
Reducing Debt: AQUA has no debt compared to 5 years ago when its debt to equity ratio was 3.5%.
Inventory Level: AQUA has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if AQUA's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AQUA is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: AQUA is profitable, therefore cash runway is not a concern.
What is AqualisBraemar's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: AQUA's dividend (25.19%) is higher than the bottom 25% of dividend payers in the Norwegian market (3%).
High Dividend: AQUA's dividend (25.19%) is in the top 25% of dividend payers in the Norwegian market (6.42%)
Stability and Growth of Payments
Stable Dividend: AQUA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AQUA has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (1.7%), AQUA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Wells 0
Captain David Wells serves as the Chief Executive Officer and Director of UK of Aqualis ASA. Mr. Wells served as the Head of Marine Consulting and Operations at GL Industrial Services UK Ltd. He served as ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD351.00K) is about average for companies of similar size in the Norwegian market ($USD406.17K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|COO & Director||5.6yrs||US$367.00k||2.13% $5.9m|
|Director||7.1yrs||no data||no data|
|Chairman||0yrs||no data||14.24% $39.1m|
|Non-Executive Director||0.4yrs||no data||no data|
|Director||7.1yrs||no data||no data|
|Director||0.7yrs||no data||no data|
Experienced Board: AQUA's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AQUA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AqualisBraemar ASA's company bio, employee growth, exchange listings and data sources
- Name: AqualisBraemar ASA
- Ticker: AQUA
- Exchange: OB
- Founded: 2014
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr274.624m
- Shares outstanding: 70.42m
- Website: https://www.aqualis.no
Number of Employees
- AqualisBraemar ASA
- 6 Bevis Marks
- EC3A 7BA
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AQUA||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Aug 2014|
|0QXF||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Aug 2014|
|AQUAo||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Aug 2014|
AqualisBraemar ASA, an investment holding company, provides marine and engineering consultancy services to the offshore oil and gas industry and offshore renewables market worldwide. It offers marine and offshore engineering, marine warranty, offshore transportation and installation, offshore rig moving support, offshore rig inspection, construction supervision, and dynamic positioning services. The company also provides consultancy, jack-up, geotechnical, technical due diligence, and risk management services for offshore and marine markets. The company was formerly known as Aqualis ASA and changed its name to AqualisBraemar ASA in June 2019. AqualisBraemar ASA was founded in 2014 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 23:12|
|End of Day Share Price||2020/02/26 00:00|
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.