Oceanteam ASA operates as an offshore shipping company in Mexico, Latin America, West Africa, and the Asia-Pacific. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Oceanteam's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OTS has not had significant price volatility in the past 3 months.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: OTS exceeded the Norwegian Energy Services industry which returned -53.3% over the past year.
Return vs Market: OTS underperformed the Norwegian Market which returned -11.6% over the past year.
Price Volatility Vs. Market
How volatile is Oceanteam's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Oceanteam (OB:OTS) Using Debt In A Risky Way?
5 months ago | Simply Wall StDoes Oceanteam (OB:OTS) Have A Healthy Balance Sheet?
7 months ago | Simply Wall StWhy Oceanteam ASA’s (OB:OTS) Use Of Investor Capital Doesn’t Look Great
Is Oceanteam undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OTS (NOK3) is trading below our estimate of fair value (NOK16.66)
Significantly Below Fair Value: OTS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OTS is unprofitable, so we can't compare its PE Ratio to the XE Energy Services industry average.
PE vs Market: OTS 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 OTS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OTS is good value based on its PB Ratio (0.2x) compared to the NO Energy Services industry average (0.3x).
How is Oceanteam forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Oceanteam is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Oceanteam competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Oceanteam performed over the past 5 years?
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 28.3% 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 (-28.6%).
Return on Equity
High ROE: OTS has a negative Return on Equity (-3.95%), as it is currently unprofitable.
How is Oceanteam's financial position?
Financial Position Analysis
Short Term Liabilities: OTS's short term assets ($12.2M) do not cover its short term liabilities ($28.8M).
Long Term Liabilities: OTS's short term assets ($12.2M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: OTS's debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: OTS's debt to equity ratio has reduced from 100.3% to 28.7% 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 OTS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OTS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20.2% per year.
What is Oceanteam current dividend yield, its reliability and sustainability?
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.
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 OTS'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
Henk van den IJssel (58 yo)
Mr. Henk van den Ijssel is Chief Executive Officer at Oceanteam ASA since February 1, 2020. Mr.van den Ijssel was CCO at DeepOcean Group . Mr. van den Ijssel served as a Commercial Director of Cecon ASA an ...
|Interim Chief Financial Officer||2.17yrs||US$118.00k||no data|
|Interim Chief Executive Officer of Solutions||1.5yrs||US$165.00k||no data|
|Chief Executive Officer||0.67yr||no data||no data|
|Managing Director||no data||no data||no data|
|Director of Sales & Marketing||no data||no data||no data|
Experienced Management: OTS's management team is considered experienced (2 years average tenure).
|Chairman of the Board||2.5yrs||US$45.00k||no data|
|Director||0.083yr||no data||no data|
Experienced Board: OTS's board of directors are not considered experienced ( 2.5 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Oceanteam ASA's company bio, employee growth, exchange listings and data sources
- Name: Oceanteam ASA
- Ticker: OTS
- Exchange: OB
- Founded: 2005
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr96.818m
- Shares outstanding: 34.21m
- Website: https://www.oceanteam.nl
Number of Employees
- Oceanteam ASA
- STRANDVEIEN 15
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OTS||OB (Oslo Bors)||Yes||Class A Shares||NO||NOK||May 2006|
|0HJ5||LSE (London Stock Exchange)||Yes||Class A Shares||GB||NOK||May 2006|
|H2J||BST (Boerse-Stuttgart)||Yes||Class A Shares||DE||EUR||May 2006|
|OTSO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class A Shares||GB||NOK||May 2006|
Oceanteam ASA operates as an offshore shipping company in Mexico, Latin America, West Africa, and the Asia-Pacific. It operates through Oceanteam Shipping and Oceanteam Solutions segments. The company owns ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 20:55|
|End of Day Share Price||2020/10/21 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.