OB:AQUA

Stock Analysis Report

AqualisBraemar

Executive Summary

AqualisBraemar ASA, an investment holding company, provides marine and engineering consultancy services to the offshore oil and gas industry and offshore renewables market worldwide.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Risks

  • AqualisBraemar is not covered by any analysts.

Share Price & News

How has AqualisBraemar's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.5%

OB:AQUA

-5.6%

NO Energy Services

-1.6%

NO Market


1 Year Return

-18.1%

OB:AQUA

-42.0%

NO Energy Services

-14.3%

NO Market

AQUA outperformed the Energy Services industry which returned -42% over the past year.

AQUA underperformed the Market in Norway which returned -14.3% over the past year.


Share holder returns

AQUAIndustryMarket
7 Day-1.5%-5.6%-1.6%
30 Day-4.4%-15.8%-4.9%
90 Day-7.2%-27.2%-8.3%
1 Year-18.1%-18.1%-40.9%-42.0%-9.6%-14.3%
3 Year47.4%23.9%-8.9%-15.2%36.7%19.1%
5 Year-55.9%-63.0%-53.6%-67.0%37.0%6.3%

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

Valuation

Is AqualisBraemar undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

AqualisBraemar's share price is below the future cash flow value, and at a moderate discount (> 20%).

AqualisBraemar's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

AqualisBraemar is good value based on earnings compared to the NO Energy Services industry average.

AqualisBraemar is good value based on earnings compared to the Norway market.


Price Based on Expected Growth

Unable to calculate PEG ratio for AqualisBraemar, we can't assess if its growth is good value.


Price Based on Value of Assets

AqualisBraemar is overvalued based on assets compared to the NO Energy Services industry average.


Next Steps

Future Growth

How is AqualisBraemar expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

43.8%

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.


Next Steps

Past Performance

How has AqualisBraemar performed over the past 5 years?

-10.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

AqualisBraemar's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

AqualisBraemar has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

AqualisBraemar has become profitable in the last year making it difficult to compare the NO Energy Services industry average.


Return on Equity

AqualisBraemar has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

AqualisBraemar used its assets more efficiently than the NO Energy Services industry average last year based on Return on Assets.


Return on Capital Employed

AqualisBraemar has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is AqualisBraemar's financial position?


Financial Position Analysis

AqualisBraemar is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

AqualisBraemar's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

AqualisBraemar has no debt.

AqualisBraemar has no debt compared to 5 years ago when it was 19.1%.

AqualisBraemar has no debt, it does not need to be covered by operating cash flow.

AqualisBraemar has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

AqualisBraemar has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is AqualisBraemar's current dividend yield, its reliability and sustainability?

25.65%

Current Dividend Yield


Dividend Yield and Payments Analysis

AqualisBraemar's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.74%).

AqualisBraemar's dividend is above the markets top 25% of dividend payers in Norway (6.45%).

It is too early to tell whether AqualisBraemar has stable dividend payments.

AqualisBraemar only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.4x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of AqualisBraemar's salary, the management and board of directors tenure and is there insider trading?

5.8yrs

Average board tenure


CEO

David Wells 0

0.0yrs

Tenure

US$351,000

Compensation

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

David's remuneration is about average for companies of similar size in Norway.

David's compensation has increased in line with AqualisBraemar recently becoming profitable.


Board Age and Tenure

5.8yrs

Average Tenure

The tenure for the AqualisBraemar board of directors is about average.


Insider Trading

More shares have been bought than sold by AqualisBraemar individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$49,75316 Jul 19
Amish Sanghavi
EntityIndividual
Shares12,564
Max PriceUS$3.96
BuyUS$223,19415 Jul 19
Santosh George
EntityIndividual
Shares56,362
Max PriceUS$3.96
BuyUS$212,09409 Jul 19
Amish Sanghavi
EntityIndividual
Shares53,559
Max PriceUS$3.96
BuyUS$415,80009 Jul 19
Kim Boman
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares105,000
Max PriceUS$3.96
BuyUS$17,324,99409 Jul 19
Braemar Shipping Services plc
EntityCompany
Shares4,375,000
Max PriceUS$3.96
BuyUS$7,919,99709 Jul 19
Glen Rødland
EntityIndividual
Role
Chairman of the Board
Chairman
Shares2,000,000
Max PriceUS$3.96
BuyUS$433,00020 Sep 18
Kim Boman
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares100,000
Max PriceUS$4.33
BuyUS$433,00020 Sep 18
Amish Sanghavi
EntityIndividual
Shares100,000
Max PriceUS$4.33
BuyUS$173,32011 Sep 18
Stuart Mills
EntityIndividual
Shares35,000
Max PriceUS$4.95
BuyUS$5,65806 Sep 18
Stuart Mills
EntityIndividual
Shares1,230
Max PriceUS$4.60

Ownership Breakdown


Management Team

  • David Wells

    CEO & Director of UK

    • Tenure: 0.0yrs
    • Compensation: US$351.00k
  • Ian Bonnon

    Managing Director of Offshore Wind Consultants Ltd

    • Tenure: 0.0yrs
  • Reuben Segal

    COO & Director

    • Tenure: 5.1yrs
    • Compensation: US$367.00k
  • Kim Boman

    Chief Financial Officer

    • Tenure: 3.6yrs
    • Compensation: US$197.00k

Board Members

  • Synne Syrrist (47yo)

    Director

    • Tenure: 6.6yrs
  • Glen Rødland (55yo)

    Chairman

    • Tenure: 0.0yrs
  • Reuben Segal

    COO & Director

    • Tenure: 5.1yrs
    • Compensation: US$367.00k
  • Yvonne Sandvold

    Director

    • Tenure: 6.6yrs
  • James Kidwell

    Director

    • Tenure: 0.2yrs

Company Information

AqualisBraemar ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AqualisBraemar ASA
  • Ticker: AQUA
  • Exchange: OB
  • Founded: 2014
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: kr273.920m
  • Shares outstanding: 70.42m
  • Website: https://www.aqualis.no

Number of Employees


Location

  • AqualisBraemar ASA
  • Postboks 1899
  • Vika
  • Oslo
  • Oslo
  • 124
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AQUAOB (Oslo Bors)YesOrdinary SharesNONOKAug 2014

Biography

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 o ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 21:36
End of Day Share Price2019/08/16 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.