Magseis Fairfield ASA, a geophysical survey company, engages in the marine seismic operations and seismic related activities. More Details
Excellent balance sheet and overvalued.
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 90% of Norwegian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: MSEIS's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: MSEIS exceeded the Norwegian Energy Services industry which returned -37.8% over the past year.
Return vs Market: MSEIS underperformed the Norwegian Market which returned -0.6% over the past year.
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
1 year ago | Simply Wall StDo Institutions Own Shares In Magseis Fairfield ASA (OB:MSEIS)?
1 year ago | Simply Wall StWe Think Magseis Fairfield (OB:MSEIS) Has A Fair Chunk Of Debt
1 year ago | Simply Wall StImagine Owning Magseis Fairfield (OB:MSEIS) While The Price Tanked 63%
Is Magseis Fairfield undervalued compared to its fair value and its price relative to the market?
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 is good value based on its PB Ratio (0.4x) compared to the NO Energy Services industry average (0.5x).
How is Magseis Fairfield forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 (14% per year) is forecast to grow faster than the Norwegian market (6.3% per year).
High Growth Revenue: MSEIS's revenue (14% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MSEIS is forecast to be unprofitable in 3 years.
How has Magseis Fairfield performed over the past 5 years?
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 57.9% 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 (-27.1%).
Return on Equity
High ROE: MSEIS has a negative Return on Equity (-28.89%), as it is currently unprofitable.
How is Magseis Fairfield's financial position?
Financial Position Analysis
Short Term Liabilities: MSEIS's short term assets ($107.0M) exceed its short term liabilities ($88.8M).
Long Term Liabilities: MSEIS's short term assets ($107.0M) exceed its long term liabilities ($44.2M).
Debt to Equity History and Analysis
Debt Level: MSEIS's debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: MSEIS's debt to equity ratio has increased from 0.1% to 16.4% over the past 5 years.
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 MSEIS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MSEIS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 36.3% per year.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Carel Hooijkaas serves as Chief Executive Officer of Magseis Fairfield ASA (formerly known as Magseis ASA) since October 1, 2019. Mr. Hooijkaas has experience in the oilfield services and equipment ind...
CEO Compensation Analysis
Compensation vs Market: Carel's total compensation ($USD998.00K) is above average for companies of similar size in the Norwegian market ($USD375.58K).
Compensation vs Earnings: Insufficient data to compare Carel's compensation with company performance.
|Chief Executive Officer||1.08yrs||US$998.00k||no data|
|Co-Founder & Senior VP of Business Development||3.92yrs||US$446.00k||no data|
|Co-Founder & Executive Director||11.17yrs||US$279.00k||no data|
|Chief Financial Officer||1.17yrs||US$644.00k||no data|
|Chief Operating Officer||no data||US$456.00k||no data|
|Chief Geophysicist||2.75yrs||US$186.00k||0.0019% |
|Senior Vice President of Multi-client||1.67yrs||US$209.00k||0.0058% |
|no data||US$359.00k||no data|
|Chief Technology Officer||0.42yr||no data||no data|
|Chief Human Resources officer||no data||no data||no data|
Experienced Management: MSEIS's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Co-Founder & Executive Director||11.17yrs||US$279.00k||no data|
|Board Member||no data||no data||no data|
|Independent Chairman of the Board||1yr||US$40.00k||no data|
|Independent Director||1.5yrs||US$31.00k||0.017% |
|Independent Director||1.5yrs||US$31.00k||0.030% |
|Employee Representative Director||no data||no data||no data|
|Employee Representative Director||0.17yr||no data||no data|
Experienced Board: MSEIS's board of directors are not considered experienced ( 1.5 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 44.1%.
Magseis Fairfield ASA's company bio, employee growth, exchange listings and data sources
- Name: Magseis Fairfield ASA
- Ticker: MSEIS
- Exchange: OB
- Founded: 2009
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr697.605m
- Shares outstanding: 266.77m
- Website: https://magseisfairfield.com
Number of Employees
- Magseis Fairfield ASA
- Strandveien 50
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MSEIS||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Dec 2012|
|5M6||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2012|
|0QWE||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Dec 2012|
|MSEISO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Dec 2012|
Magseis Fairfield ASA, a geophysical survey company, engages in the marine seismic operations and seismic related activities. The company provides ocean bottom seismic (OBS) acquisition services to clients...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/01 17:20|
|End of Day Share Price||2020/11/30 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.