Odfjell Technology Valuation

Is OTL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of OTL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OTL (NOK50.4) is trading below our estimate of fair value (NOK170.38)

Significantly Below Fair Value: OTL is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OTL?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for OTL. This is calculated by dividing OTL's market cap by their current preferred multiple.
What is OTL's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	NOK 1.99b

OTL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.5x
Enterprise Value/EBITDA	3.6x
PEG Ratio	0.7x

Price to Earnings Ratio vs Peers

How does OTL's PE Ratio compare to its peers?

The above table shows the PE ratio for OTL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	45.2x
ARCH Archer	125.5x	102.1%	NOK 1.7b
SHLF Shelf Drilling	25.4x	82.4%	NOK 3.9b
PLSV Paratus Energy Services	16x	25.2%	NOK 8.3b
BORR Borr Drilling	14x	35.0%	NOK 11.5b
OTL Odfjell Technology	5.5x	8.2%	NOK 2.0b

Price-To-Earnings vs Peers: OTL is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (45.2x).

Price to Earnings Ratio vs Industry

How does OTL's PE Ratio compare vs other companies in the NO Energy Services Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	25.0%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	25.0%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: OTL is good value based on its Price-To-Earnings Ratio (5.5x) compared to the Norwegian Energy Services industry average (11.2x).

Price to Earnings Ratio vs Fair Ratio

What is OTL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OTL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.5x
Fair PE Ratio	7.9x

Price-To-Earnings vs Fair Ratio: OTL is good value based on its Price-To-Earnings Ratio (5.5x) compared to the estimated Fair Price-To-Earnings Ratio (7.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OTL forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	NOK 50.40	NOK 81.19 +61.1%	8.3%	NOK 91.80	NOK 75.10	n/a	4
Oct ’25	NOK 49.25	NOK 82.52 +67.6%	8.0%	NOK 91.03	NOK 74.90	n/a	3
Sep ’25	NOK 55.00	NOK 81.70 +48.5%	6.8%	NOK 89.16	NOK 75.99	n/a	3
Aug ’25	NOK 61.10	NOK 80.92 +32.4%	8.0%	NOK 89.23	NOK 73.54	n/a	3
Jul ’25	NOK 60.10	NOK 80.92 +34.6%	8.0%	NOK 89.23	NOK 73.54	n/a	3
Jun ’25	NOK 64.60	NOK 80.92 +25.3%	8.0%	NOK 89.23	NOK 73.54	n/a	3
May ’25	NOK 62.40	NOK 82.87 +32.8%	8.5%	NOK 92.08	NOK 74.99	n/a	3
Apr ’25	NOK 64.70	NOK 82.36 +27.3%	7.9%	NOK 91.06	NOK 75.41	n/a	3
Mar ’25	NOK 61.10	NOK 82.04 +34.3%	8.2%	NOK 91.07	NOK 74.94	n/a	3
Feb ’25	NOK 56.90	NOK 76.24 +34.0%	15.5%	NOK 90.77	NOK 61.84	n/a	3
Jan ’25	NOK 55.50	NOK 78.92 +42.2%	13.1%	NOK 90.66	NOK 65.49	n/a	3
Dec ’24	NOK 50.40	NOK 78.92 +56.6%	13.1%	NOK 90.66	NOK 65.49	n/a	3
Nov ’24	NOK 55.30	NOK 74.54 +34.8%	9.7%	NOK 79.88	NOK 64.30	NOK 51.30	3
Oct ’24	NOK 53.90	NOK 74.54 +38.3%	9.7%	NOK 79.88	NOK 64.30	NOK 49.25	3
Sep ’24	NOK 52.30	NOK 74.54 +42.5%	9.7%	NOK 79.88	NOK 64.30	NOK 55.00	3
Aug ’24	NOK 51.50	NOK 71.92 +39.7%	16.0%	NOK 80.54	NOK 55.69	NOK 61.10	3
Jul ’24	NOK 44.35	NOK 69.63 +57.0%	16.9%	NOK 81.41	NOK 57.86	NOK 60.10	2
Jun ’24	NOK 43.90	NOK 69.63 +58.6%	16.9%	NOK 81.41	NOK 57.86	NOK 64.60	2
May ’24	NOK 53.20	NOK 69.33 +30.3%	15.5%	NOK 80.09	NOK 58.56	NOK 62.40	2
Apr ’24	NOK 52.93	NOK 69.33 +31.0%	15.5%	NOK 80.09	NOK 58.56	NOK 64.70	2
Mar ’24	NOK 51.80	NOK 68.75 +32.7%	16.4%	NOK 80.02	NOK 57.48	NOK 61.10	2
Feb ’24	NOK 36.00	NOK 58.66 +62.9%	19.3%	NOK 70.00	NOK 47.32	NOK 56.90	2
Jan ’24	NOK 29.00	NOK 49.28 +69.9%	2.5%	NOK 50.52	NOK 48.03	NOK 55.50	2
Dec ’23	NOK 30.67	NOK 49.28 +60.7%	2.5%	NOK 50.52	NOK 48.03	NOK 50.40	2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.