Golden Energy Offshore Services AS engages in the shipping business.
Fair value with weak fundamentals.
Share Price & News
How has Golden Energy Offshore Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GEOS-ME's share price has been volatile over the past 3 months.
7 Day Return
NO Oil and Gas
1 Year Return
NO Oil and Gas
Return vs Industry: GEOS-ME underperformed the Norwegian Oil and Gas industry which returned -19% over the past year.
Return vs Market: GEOS-ME underperformed the Norwegian Market which returned -0.7% over the past year.
Price Volatility Vs. Market
How volatile is Golden Energy Offshore Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHow Many Golden Energy Offshore Services AS (OB:GEOS-ME) Shares Do Institutions Own?
2 months ago | Simply Wall StSome Golden Energy Offshore Services (OB:GEOS-ME) Shareholders Are Down 34%
4 months ago | Simply Wall StLooking At Golden Energy Offshore Services AS (OB:GEOS-ME) From All Angles
Is Golden Energy Offshore Services 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: GEOS-ME (NOK2.84) is trading below our estimate of fair value (NOK7.69)
Significantly Below Fair Value: GEOS-ME is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GEOS-ME is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: GEOS-ME 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 GEOS-ME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GEOS-ME is good value based on its PB Ratio (0.3x) compared to the NO Oil and Gas industry average (0.9x).
How is Golden Energy Offshore Services 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 Golden Energy Offshore Services 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 Golden Energy Offshore Services 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.
- Golden Energy Offshore Services competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Golden Energy Offshore Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GEOS-ME is currently unprofitable.
Growing Profit Margin: GEOS-ME is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GEOS-ME is unprofitable, but has reduced losses over the past 5 years at a rate of 37% per year.
Accelerating Growth: Unable to compare GEOS-ME's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GEOS-ME is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-18%).
Return on Equity
High ROE: GEOS-ME has a negative Return on Equity (-5.89%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Golden Energy Offshore Services's financial position?
Financial Position Analysis
Short Term Liabilities: GEOS-ME's short term assets (NOK38.2M) do not cover its short term liabilities (NOK53.1M).
Long Term Liabilities: GEOS-ME's short term assets (NOK38.2M) do not cover its long term liabilities (NOK220.3M).
Debt to Equity History and Analysis
Debt Level: GEOS-ME's debt to equity ratio (82%) is considered high.
Reducing Debt: Insufficient data to determine if GEOS-ME's debt to equity ratio has reduced over the past 5 years.
Inventory Level: GEOS-ME has a high level of physical assets or inventory.
Debt Coverage by Assets: GEOS-ME's debt is not covered by short term assets (assets are 0.2x debt).
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: Insufficient data to determine if GEOS-ME has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GEOS-ME has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Golden Energy Offshore Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GEOS-ME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GEOS-ME's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GEOS-ME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GEOS-ME'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 GEOS-ME'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 board tenure
Per Fagervoll 0
Mr. Per Ivar Fagervoll serves as the Chairman and Chief Executive Officer of Golden Energy Offshore AS. Mr. Fagervoll serves as QHSE - Charter Manager of Siem Rovde AS (Rovde Shipping As). He has been a Di ...
|CEO & Director||0yrs||no data||0.60% NOK608.4k|
|Chairman of the Board||2yrs||no data||no data|
|Director||2yrs||no data||0.27% NOK269.8k|
Experienced Board: GEOS-ME's board of directors are not considered experienced ( 2 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 been diluted in the past year, with total shares outstanding growing by 45.7%.
Golden Energy Offshore Services AS's company bio, employee growth, exchange listings and data sources
- Name: Golden Energy Offshore Services AS
- Ticker: GEOS-ME
- Exchange: OB
- Founded: 2013
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: kr100.581m
- Shares outstanding: 35.42m
- Website: https://www.geoff.no
- Golden Energy Offshore Services AS
- St Olavs Plass 1
- Møre og Romsdal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GEOS-ME||OB (Oslo Bors)||Yes||Share Capital||NO||NOK||Apr 2018|
Golden Energy Offshore Services AS engages in the shipping business. The company owns 2 offshore service vessels. Golden Energy Offshore Services AS was incorporated in 2013 and is headquartered in Ålesund, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 00:44|
|End of Day Share Price||2020/02/21 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.