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Electromagnetic Geoservices

Market Cap

kr212.7m

Last Updated

2021/05/16 00:50 UTC

Data Sources

Company Financials

Executive Summary

Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EMGS is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: EMGS's weekly volatility has decreased from 20% to 10% over the past year, but is still higher than 75% of Norwegian stocks.


Market Performance


7 Day Return

1.5%

EMGS

-2.2%

NO Energy Services

-2.2%

NO Market


1 Year Return

170.7%

EMGS

65.4%

NO Energy Services

38.6%

NO Market

Return vs Industry: EMGS exceeded the Norwegian Energy Services industry which returned 65.2% over the past year.

Return vs Market: EMGS exceeded the Norwegian Market which returned 38.6% over the past year.


Shareholder returns

EMGSIndustryMarket
7 Day1.5%-2.2%-2.2%
30 Day-13.2%-4.0%-2.7%
90 Day-29.8%-6.2%2.8%
1 Year170.7%170.7%72.2%65.4%43.7%38.6%
3 Year-50.8%-50.8%-67.6%-69.6%11.5%-0.7%
5 Year-70.7%-78.6%-9.4%-31.9%76.4%44.0%

Long-Term Price Volatility Vs. Market

How volatile is Electromagnetic Geoservices's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Electromagnetic Geoservices undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Electromagnetic Geoservices is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Electromagnetic Geoservices has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Electromagnetic Geoservices forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

37.5%

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 Electromagnetic Geoservices 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.


Past Performance

How has Electromagnetic Geoservices performed over the past 5 years?

45.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EMGS is currently unprofitable.

Growing Profit Margin: EMGS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EMGS is unprofitable, but has reduced losses over the past 5 years at a rate of 45.4% per year.

Accelerating Growth: Unable to compare EMGS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EMGS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-5.2%).


Return on Equity

High ROE: EMGS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Electromagnetic Geoservices's financial position?


Financial Position Analysis

Short Term Liabilities: EMGS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: EMGS 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: EMGS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: EMGS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: EMGS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EMGS has less than a year of cash runway if free cash flow continues to grow at historical rates of 33.4% each year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EMGS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EMGS'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 EMGS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EMGS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EMGS's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Bjørn Lindhom

2.42yrs

Tenure

US$381,992

Compensation

Mr. Bjørn Petter Lindhom serves Chief Executive Officer of Electromagnetic Geoservices ASA since June 2019 and was President of EMGS NSA until October, 2019. He served as Interim Chief Executive Officer at...


CEO Compensation Analysis

Compensation vs Market: Bjørn's total compensation ($USD381.99K) is about average for companies of similar size in the Norwegian market ($USD375.19K).

Compensation vs Earnings: Insufficient data to compare Bjørn's compensation with company performance.


Leadership Team

Experienced Management: EMGS's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: EMGS's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Electromagnetic Geoservices ASA
  • Ticker: EMGS
  • Exchange: OB
  • Founded: 2002
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: kr212.695m
  • Shares outstanding: 130.97m
  • Website: https://www.emgs.com

Number of Employees


Location

  • Electromagnetic Geoservices ASA
  • Stiklestadveien 1
  • Trondheim
  • Sør-Trøndelag
  • 7041
  • Norway

Listings


Biography

Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry. It is involved in the planning, acquisiti...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/16 00:50
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.