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Magseis Fairfield

Market Cap

kr1.1b

Last Updated

2021/05/07 00:48 UTC

Data Sources

Company Financials +

Executive Summary

Magseis Fairfield ASA operates as a geophysical survey company in Norway, Asia, North America, and Europe. More Details


Snowflake Analysis

Adequate balance sheet with limited growth.


Similar Companies

Share Price & News

How has Magseis Fairfield's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MSEIS is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MSEIS's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.


Market Performance


7 Day Return

-15.6%

MSEIS

-1.2%

NO Energy Services

-0.8%

NO Market


1 Year Return

234.2%

MSEIS

33.6%

NO Energy Services

35.9%

NO Market

Return vs Industry: MSEIS exceeded the Norwegian Energy Services industry which returned 38.9% over the past year.

Return vs Market: MSEIS exceeded the Norwegian Market which returned 41.1% over the past year.


Shareholder returns

MSEISIndustryMarket
7 Day-15.6%-1.2%-0.8%
30 Day-13.8%-5.2%-0.8%
90 Day-3.6%0.7%3.7%
1 Year234.2%234.2%39.1%33.6%41.7%35.9%
3 Year-79.0%-79.0%-63.3%-65.8%12.8%0.3%
5 Year-72.8%-73.0%-3.0%-26.6%77.8%45.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Magseis Fairfield undervalued compared to its fair value and its price relative to the market?

0.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MSEIS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MSEIS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MSEIS is unprofitable, so we can't compare its PE Ratio to the NO Energy Services industry average.

PE vs Market: MSEIS 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 MSEIS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MSEIS's PB Ratio (0.7x) is in line with the NO Energy Services industry average.


Future Growth

How is Magseis Fairfield forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

15.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MSEIS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MSEIS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MSEIS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MSEIS's revenue (26% per year) is forecast to grow faster than the Norwegian market (5.3% per year).

High Growth Revenue: MSEIS's revenue (26% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MSEIS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Magseis Fairfield performed over the past 5 years?

-46.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSEIS is currently unprofitable.

Growing Profit Margin: MSEIS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MSEIS is unprofitable, and losses have increased over the past 5 years at a rate of 46.3% per year.

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

Earnings vs Industry: MSEIS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (21.2%).


Return on Equity

High ROE: MSEIS has a negative Return on Equity (-13.29%), as it is currently unprofitable.


Financial Health

How is Magseis Fairfield's financial position?


Financial Position Analysis

Short Term Liabilities: MSEIS's short term assets ($90.2M) do not cover its short term liabilities ($101.7M).

Long Term Liabilities: MSEIS's short term assets ($90.2M) exceed its long term liabilities ($27.1M).


Debt to Equity History and Analysis

Debt Level: MSEIS's debt to equity ratio (10.2%) is considered satisfactory.

Reducing Debt: MSEIS's debt to equity ratio has reduced from 19.2% to 10.2% over the past 5 years.


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: MSEIS has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MSEIS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Magseis Fairfield current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MSEIS'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 MSEIS'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?

1.6yrs

Average management tenure


CEO

Carel Hooijkaas

1.58yrs

Tenure

US$1,099,000

Compensation

Mr. Carel Hooijkaas serves as Director at International Association of Geophysical Contractors since 2020. Mr. Hooijkaas serves as Chief Executive Officer of Magseis Fairfield ASA (formerly known as Magsei...


CEO Compensation Analysis

Compensation vs Market: Carel's total compensation ($USD1.10M) is above average for companies of similar size in the Norwegian market ($USD356.98K).

Compensation vs Earnings: Carel's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: MSEIS's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: MSEIS's board of directors are not considered experienced ( 1.3 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: MSEIS insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Magseis Fairfield ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Magseis Fairfield ASA
  • Ticker: MSEIS
  • Exchange: OB
  • Founded: 2009
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: kr1.080b
  • Shares outstanding: 266.77m
  • Website: https://www.magseisfairfield.com

Number of Employees


Location

  • Magseis Fairfield ASA
  • Strandveien 50
  • Lysaker
  • Akershus
  • 1366
  • Norway

Listings


Biography

Magseis Fairfield ASA operates as a geophysical survey company in Norway, Asia, North America, and Europe. The company provides ocean bottom seismic acquisition services to clients using its proprietary Ma...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 00:48
End of Day Share Price2021/05/06 00:00
Earnings2021/03/31
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.