Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry. More Details
Slightly overvalued with imperfect balance sheet.
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 90% of Norwegian stocks over the past 3 months, typically moving +/- 30% a week.
Volatility Over Time: EMGS's weekly volatility has increased from 21% to 30% over the past year.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: EMGS exceeded the Norwegian Energy Services industry which returned -38.3% over the past year.
Return vs Market: EMGS underperformed the Norwegian Market which returned -2.2% over the past year.
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
2 months ago | Simply Wall StElectromagnetic Geoservices (OB:EMGS) Is Very Good At Capital Allocation
3 months ago | Simply Wall StHere's Why We Think Electromagnetic Geoservices's (OB:EMGS) Statutory Earnings Might Be Conservative
6 months ago | Simply Wall StAuditors Are Concerned About Electromagnetic Geoservices (OB:EMGS)
Is Electromagnetic Geoservices 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: EMGS (NOK1.4) is trading below our estimate of fair value (NOK5.56)
Significantly Below Fair Value: EMGS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EMGS is unprofitable, so we can't compare its PE Ratio to the NO Energy Services industry average.
PE vs Market: EMGS is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EMGS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EMGS has negative assets, so we can't compare its PB Ratio to the NO Energy Services industry average.
How is Electromagnetic Geoservices 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 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.
- Take a look at our analysis of EMGS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Electromagnetic Geoservices competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Electromagnetic Geoservices performed over the past 5 years?
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 44% 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 (-28.6%).
Return on Equity
High ROE: EMGS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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.
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: Whilst unprofitable EMGS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EMGS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.9% per year.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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 ($USD43.20K) is below average for companies of similar size in the Norwegian market ($USD368.14K).
Compensation vs Earnings: Insufficient data to compare Bjørn's compensation with company performance.
|Chief Executive Officer||1.92yrs||US$3.36m||no data|
|Chief Legal Counsel & Director||no data||US$1.54m||no data|
|Global Exploration Advisor & Business Unit President of EMEA||2.58yrs||US$2.29m||no data|
|Chief Financial Officer||0.83yr||no data||no data|
|Chief Scientist||no data||no data||no data|
|Vice President of Imaging & Interpretation Services||8.83yrs||no data||no data|
Experienced Management: EMGS's management team is considered experienced (2.6 years average tenure).
|Chief Legal Counsel & Director||no data||US$1.54m||no data|
|Independent Chairman||0.42yr||US$366.00k||0.054% |
|Alternate Employee Representative Director||no data||no data||no data|
|Alternate Employee Representative Director||2.92yrs||no data||no data|
Experienced Board: EMGS's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Electromagnetic Geoservices ASA's company bio, employee growth, exchange listings and data sources
- Name: Electromagnetic Geoservices ASA
- Ticker: EMGS
- Exchange: OB
- Founded: 2002
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr165.022m
- Shares outstanding: 130.97m
- Website: https://www.emgs.com
Number of Employees
- Electromagnetic Geoservices ASA
- Stiklestadveien 1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EMGS||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Mar 2007|
|0J5B||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Mar 2007|
|EMGSO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Mar 2007|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 17:21|
|End of Day Share Price||2020/11/26 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.