Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 0/6 |
Past Performance | 3/6 |
Financial Health | 0/6 |
Dividends | 0/6 |
DOF Stock Overview
DOF ASA, together with its subsidiaries, owns and operates a fleet of offshore/subsea vessels.
DOF Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | kr1.19 |
52 Week High | kr4.87 |
52 Week Low | kr0.51 |
Beta | 1.96 |
1 Month Change | 4.96% |
3 Month Change | -28.30% |
1 Year Change | 101.02% |
3 Year Change | -57.03% |
5 Year Change | -85.88% |
Change since IPO | -98.73% |
Recent News & Updates
Shareholder Returns
DOF | NO Energy Services | NO Market | |
---|---|---|---|
7D | 2.4% | 0.7% | 0.6% |
1Y | 101.0% | 57.4% | 9.4% |
Return vs Industry: DOF exceeded the Norwegian Energy Services industry which returned 57.4% over the past year.
Return vs Market: DOF exceeded the Norwegian Market which returned 9.4% over the past year.
Price Volatility
DOF volatility | |
---|---|
DOF Average Weekly Movement | 19.4% |
Energy Services Industry Average Movement | 8.4% |
Market Average Movement | 6.6% |
10% most volatile stocks in NO Market | 12.3% |
10% least volatile stocks in NO Market | 3.7% |
Stable Share Price: DOF is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: DOF's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1981 | 3,835 | Mons Aase | https://www.dof.no |
DOF ASA, together with its subsidiaries, owns and operates a fleet of offshore/subsea vessels. It operates a fleet of platform supply vessels (PSVs) that are used to transport oilfield products and supplies to offshore drilling and production facilities; anchor handling tug supply (AHTS) vessels used to set anchors for drilling rigs, and tow mobile drilling rigs and equipment from one location to another; and subsea vessels used for a range of subsea services. The company also provides subsea services, including project management, engineering, construction and installation, life-of-field, decommissioning/field abandonment, and survey and positioning, as well as inspection, repair, and maintenance services.
DOF Fundamentals Summary
DOF fundamental statistics | |
---|---|
Market Cap | kr363.29m |
Earnings (TTM) | kr1.01b |
Revenue (TTM) | kr6.96b |
0.4x
P/E Ratio0.1x
P/S RatioIs DOF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
DOF income statement (TTM) | |
---|---|
Revenue | kr6.96b |
Cost of Revenue | kr3.14b |
Gross Profit | kr3.82b |
Other Expenses | kr2.80b |
Earnings | kr1.01b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 25, 2022
Earnings per share (EPS) | 3.20 |
Gross Margin | 54.84% |
Net Profit Margin | 14.56% |
Debt/Equity Ratio | -2,378.8% |
How did DOF perform over the long term?
See historical performance and comparisonValuation
Is DOF undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DOF?
Other financial metrics that can be useful for relative valuation.
What is DOF's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | kr363.29m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 2.6x |
Enterprise Value/EBITDA | 9.5x |
PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does DOF's PE Ratio compare to its peers?
DOF PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 7.4x | ||
CARBN Carbon Transition | 1.2x | n/a | kr290.1m |
HAVI Havila Shipping | 2.3x | n/a | kr369.5m |
EIOF Eidesvik Offshore | 9.2x | n/a | kr561.8m |
REACH Reach Subsea | 16.7x | 33.8% | kr796.2m |
DOF DOF | 0.4x | n/a | kr363.3m |
Price-To-Earnings vs Peers: DOF is good value based on its Price-To-Earnings Ratio (0.4x) compared to the peer average (7.4x).
Price to Earnings Ratio vs Industry
How does DOF's PE Ratio compare vs other companies in the European Energy Services Industry?
Price-To-Earnings vs Industry: DOF is good value based on its Price-To-Earnings Ratio (0.4x) compared to the Norwegian Energy Services industry average (9.2x)
Price to Earnings Ratio vs Fair Ratio
What is DOF'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 | 0.4x |
Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DOF's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of DOF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DOF (NOK1.19) is trading below our estimate of fair value (NOK16.81)
Significantly Below Fair Value: DOF is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is DOF forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
45.6%
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 DOF 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.
Discover growth companies
- Examine whether DOF 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.
- DOF competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has DOF performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-10.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DOF has high quality earnings.
Growing Profit Margin: DOF became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DOF has become profitable over the past 5 years, growing earnings by -10.5% per year.
Accelerating Growth: DOF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DOF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-45.5%).
Return on Equity
High ROE: DOF's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Discover strong past performing companies
Financial Health
How is DOF's financial position?
Financial Health Score
0/6Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: DOF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: DOF 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: DOF has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: DOF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: DOF's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: DOF's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Dividend
What is DOF current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DOF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DOF'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 DOF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DOF's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as DOF has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average board tenure
CEO
Mons Aase (56 yo)
17.58yrs
Tenure
kr6,682,000
Compensation
Mr. Mons Svendal Aase serves as Chief Executive Officer of DOF ASA since 2005 and serves as Director. He has been the Chief Executive Officer of DOF Subsea AS since 2005 and has been a part of Management t...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Mons's total compensation is reasonable compared to companies of similar size in the Norwegian market.
Compensation vs Earnings: Mons's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: DOF's board of directors are considered experienced (4.8 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
DOF ASA's employee growth, exchange listings and data sources
Key Information
- Name: DOF ASA
- Ticker: DOF
- Exchange: OB
- Founded: 1981
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: kr363.292m
- Shares outstanding: 316.46m
- Website: https://www.dof.no
Number of Employees
Location
- DOF ASA
- Alfabygget
- Storebø
- Hordaland
- 5392
- Norway
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/08/18 00:00 |
End of Day Share Price | 2022/08/18 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.