OB:GEOS-ME

Stock Analysis Report

Golden Energy Offshore Services

Executive Summary

Golden Energy Offshore Services AS engages in the shipping business.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • Golden Energy Offshore Services has significant price volatility in the past 3 months.
  • Golden Energy Offshore Services is not covered by any analysts.

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


Market Performance


7 Day Return

-32.2%

OB:GEOS-ME

4.9%

NO Oil and Gas

3.1%

NO Market


1 Year Return

-11.1%

OB:GEOS-ME

-26.5%

NO Oil and Gas

-14.0%

NO Market

GEOS-ME outperformed the Oil and Gas industry which returned -26.9% over the past year.

GEOS-ME outperformed the Market in Norway which returned -14.2% over the past year.


Share holder returns

GEOS-MEIndustryMarket
7 Day-32.2%4.9%3.1%
30 Day-34.4%-7.4%-4.0%
90 Day-33.3%-10.5%-4.8%
1 Year-11.1%-11.1%-22.8%-26.5%-9.1%-14.0%
3 Yearn/a40.9%23.6%39.5%21.0%
5 Yearn/a18.2%-6.4%38.7%7.1%

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

Valuation

Is Golden Energy Offshore Services undervalued based on future cash flows and its price relative to the stock market?

1.19x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Golden Energy Offshore Services to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Golden Energy Offshore Services to establish if it is available at substantial discount.


Price Based on Earnings

Golden Energy Offshore Services is good value based on earnings compared to the NO Oil and Gas industry average.

Golden Energy Offshore Services is good value based on earnings compared to the Norway market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Golden Energy Offshore Services, we can't assess if its growth is good value.


Price Based on Value of Assets

Golden Energy Offshore Services is good value based on assets compared to the NO Oil and Gas industry average.


Next Steps

Future Growth

How is Golden Energy Offshore Services expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.9%

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.


Next Steps

Past Performance

How has Golden Energy Offshore Services performed over the past 5 years?

39.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Golden Energy Offshore Services has delivered over 20% year on year earnings growth in the past 5 years.

Golden Energy Offshore Services's 1-year earnings growth exceeds its 5-year average (3308.3% vs 39.4%)

Golden Energy Offshore Services's earnings growth has exceeded the NO Oil and Gas industry average in the past year (3308.3% vs 72.4%).


Return on Equity

Golden Energy Offshore Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Golden Energy Offshore Services used its assets more efficiently than the NO Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Golden Energy Offshore Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Golden Energy Offshore Services's financial position?


Financial Position Analysis

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

Golden Energy Offshore Services has no long term commitments.


Debt to Equity History and Analysis

Golden Energy Offshore Services has no debt.

Golden Energy Offshore Services currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Golden Energy Offshore Services has no debt, it does not need to be covered by operating cash flow.

Golden Energy Offshore Services has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Golden Energy Offshore Services has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Golden Energy Offshore Services's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Golden Energy Offshore Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Golden Energy Offshore Services's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Golden Energy Offshore Services has not reported any payouts.

Unable to verify if Golden Energy Offshore Services's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Golden Energy Offshore Services has not reported any payouts.


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 Golden Energy Offshore Services's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average board tenure


CEO

Per Fagervoll 0

0.0yrs

Tenure

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 ...


Board Age and Tenure

1.5yrs

Average Tenure

The average tenure for the Golden Energy Offshore Services board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Per Fagervoll

    CEO & Director

    • Tenure: 0.0yrs

Board Members

  • Per Fagervoll

    CEO & Director

    • Tenure: 0.0yrs
  • Sten Gustafson (52yo)

    Chairman of the Board

    • Tenure: 1.5yrs
  • Martin Muff

    Director

    • Tenure: 1.5yrs

Company Information

Golden Energy Offshore Services AS's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Golden Energy Offshore Services AS
  • Ticker: GEOS-ME
  • Exchange: OB
  • Founded: 2013
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: kr141.663m
  • Shares outstanding: 35.42m
  • Website: https://www.geoff.no

Location

  • Golden Energy Offshore Services AS
  • St Olavs Plass 1
  • Ålesund
  • Møre og Romsdal
  • 6002
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GEOS-MEOB (Oslo Bors)YesShare CapitalNONOKApr 2018

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 22:26
End of Day Share Price2019/08/22 00:00
Earnings2018/12/31
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.