| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
OTS Stock Overview
Oceanteam ASA operates as a subsea and offshore services company in Europe.
Oceanteam Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr2.70 |
| 52 Week High | kr5.68 |
| 52 Week Low | kr1.94 |
| Beta | 1.54 |
| 1 Month Change | -18.92% |
| 3 Month Change | 32.35% |
| 1 Year Change | -6.57% |
| 3 Year Change | -63.08% |
| 5 Year Change | -96.05% |
| Change since IPO | -99.97% |
Recent News & Updates
Would Oceanteam (OB:OTS) Be Better Off With Less Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Oceanteam (OB:OTS) Has Debt But No Earnings; Should You Worry?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Shareholder Returns
| OTS | NO Energy Services | NO Market | |
|---|---|---|---|
| 7D | -9.7% | 2.0% | -1.1% |
| 1Y | -6.6% | 50.8% | 9.2% |
Return vs Industry: OTS underperformed the Norwegian Energy Services industry which returned 50.8% over the past year.
Return vs Market: OTS underperformed the Norwegian Market which returned 9.2% over the past year.
Price Volatility
| OTS volatility | |
|---|---|
| OTS Average Weekly Movement | 35.7% |
| Energy Services Industry Average Movement | 8.9% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in NO Market | 12.6% |
| 10% least volatile stocks in NO Market | 3.8% |
Stable Share Price: OTS is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 36% a week.
Volatility Over Time: OTS's weekly volatility has increased from 19% to 36% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 9 | Hans Reinigert | https://www.oceanteam.nl |
Oceanteam ASA operates as a subsea and offshore services company in Europe. It provides equipment for offshore cable laying, umbilical installations, handling of subsea cables, and on- and offshore storage and transport. The company also rents turntables, tensioners, reels, demountable carousels, and other cable handling equipment.
Oceanteam Fundamentals Summary
| OTS fundamental statistics | |
|---|---|
| Market Cap | US$9.39m |
| Earnings (TTM) | -US$752.00k |
| Revenue (TTM) | US$5.75m |
1.6x
P/S Ratio-12.5x
P/E RatioIs OTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OTS income statement (TTM) | |
|---|---|
| Revenue | US$5.75m |
| Cost of Revenue | US$2.74m |
| Gross Profit | US$3.01m |
| Other Expenses | US$3.76m |
| Earnings | -US$752.00k |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 31, 2022
| Earnings per share (EPS) | -0.022 |
| Gross Margin | 52.29% |
| Net Profit Margin | -13.09% |
| Debt/Equity Ratio | 22.9% |
How did OTS perform over the long term?
See historical performance and comparisonValuation
Is OTS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for OTS?
Other financial metrics that can be useful for relative valuation.
| What is OTS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$9.39m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.9x |
| Enterprise Value/EBITDA | 305.8x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does OTS's PS Ratio compare to its peers?
| OTS PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.9x | ||
EMGS Electromagnetic Geoservices | 0.8x | n/a | kr259.6m |
GEG SeaBird Exploration | 1.1x | 28.2% | kr261.7m |
JACK Jacktel | 1x | n/a | kr176.5m |
PSE Petrolia | 0.7x | n/a | kr331.1m |
OTS Oceanteam | 1.6x | n/a | kr92.4m |
Price-To-Sales vs Peers: OTS is expensive based on its Price-To-Sales Ratio (1.6x) compared to the peer average (0.9x).
Price to Earnings Ratio vs Industry
How does OTS's PE Ratio compare vs other companies in the NO Energy Services Industry?
Price-To-Sales vs Industry: OTS is expensive based on its Price-To-Sales Ratio (1.6x) compared to the Norwegian Energy Services industry average (1.1x)
Price to Sales Ratio vs Fair Ratio
What is OTS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 1.6x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate OTS's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of OTS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate OTS's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate OTS's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Oceanteam forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
44.0%
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 Oceanteam 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.
Discover growth companies
- Examine Oceanteam's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Oceanteam competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Oceanteam performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
1.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OTS is currently unprofitable.
Growing Profit Margin: OTS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OTS is unprofitable, but has reduced losses over the past 5 years at a rate of 1.6% per year.
Accelerating Growth: Unable to compare OTS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OTS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-45.5%).
Return on Equity
High ROE: OTS has a negative Return on Equity (-11.82%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Oceanteam's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: OTS's short term assets ($5.4M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: OTS's short term assets ($5.4M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: OTS's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: OTS's debt to equity ratio has reduced from 215.4% to 22.9% 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: OTS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OTS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.5% each year
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Dividend
What is Oceanteam current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OTS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OTS'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 OTS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OTS's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as OTS has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average board tenure
CEO
Hans Reinigert
0.75
Tenure
US$10,000
Compensation
Hans Reimer Reinigert has been Chief Executive Officer at Oceanteam ASA since November 1, 2021 and was its Director since September 23, 2020 until November 1, 2021. Hans Reimer Reinigert was Founder and Ma...
Board Members
Experienced Board: OTS's board of directors are considered experienced (4.1 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Oceanteam ASA's employee growth, exchange listings and data sources
Key Information
- Name: Oceanteam ASA
- Ticker: OTS
- Exchange: OB
- Founded: 2005
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: kr92.370m
- Shares outstanding: 34.21m
- Website: https://www.oceanteam.nl
Number of Employees
Location
- Oceanteam ASA
- Strandveien 15
- Lysaker
- Bærum
- Akershus
- 1366
- Norway
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/07 00:00 |
| End of Day Share Price | 2022/08/05 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.