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PGS ASAOB:PGS Stock Report

Market Cap NOK 8.6b
Share Price
n/a
1Y41.2%
7D6.5%
1D0.9%
Portfolio Value
​
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PGS ASA

OB:PGS Stock Report

Market Cap: NOK 8.6b

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

PGS (PGS) Stock Overview

Operates as a marine geophysical company in Norway and internationally. More details

PGS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health2/6
Dividends0/6

Rewards

Trading at 35.2% below our estimate of its fair value

Earnings are forecast to grow 36.1% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year

Large one-off items impacting financial results


PGS Community Fair Values

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PGS ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for PGS
Historical stock prices
Current Share PriceNOK 9.02
52 Week HighNOK 10.45
52 Week LowNOK 5.12
Beta1.69
1 Month Change-4.25%
3 Month Change11.33%
1 Year Change41.23%
3 Year Change92.45%
5 Year Change-37.04%
Change since IPO-74.22%

Recent News & Updates

Analysis Article • May 21

We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative

PGS ASA's ( OB:PGS ) recent earnings report didn't offer any surprises, with the shares unchanged over the last week...

Recent updates

Analysis Article • May 21

We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative

PGS ASA's ( OB:PGS ) recent earnings report didn't offer any surprises, with the shares unchanged over the last week...
Analysis Article • Nov 02

Is PGS (OB:PGS) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Aug 07

An Intrinsic Calculation For PGS ASA (OB:PGS) Suggests It's 23% Undervalued

Key Insights The projected fair value for PGS is kr9.89 based on 2 Stage Free Cash Flow to Equity PGS is estimated to...
Analysis Article • Jul 11

Does PGS (OB:PGS) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 20

Earnings Working Against PGS ASA's (OB:PGS) Share Price Following 25% Dive

To the annoyance of some shareholders, PGS ASA ( OB:PGS ) shares are down a considerable 25% in the last month, which...
Analysis Article • Mar 10

Here's Why PGS (OB:PGS) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Oct 17

Here's Why PGS (OB:PGS) Is Weighed Down By Its Debt Load

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Oct 22

These 4 Measures Indicate That PGS (OB:PGS) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 30

Is PGS (OB:PGS) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Apr 14

Shareholders May Find It Hard To Justify Increasing PGS ASA's (OB:PGS) CEO Compensation For Now

The underwhelming share price performance of PGS ASA ( OB:PGS ) in the past three years would have disappointed many...

Shareholder Returns

PGSNO Energy ServicesNO Market
7D6.5%0.7%1.1%
1Y41.2%40.8%22.0%

Return vs Industry: PGS exceeded the Norwegian Energy Services industry which returned 25.7% over the past year.

Return vs Market: PGS exceeded the Norwegian Market which returned 6.6% over the past year.

Price Volatility

Is PGS's price volatile compared to industry and market?
PGS volatility
PGS Average Weekly Movement5.8%
Energy Services Industry Average Movement4.2%
Market Average Movement4.6%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.6%

Stable Share Price: PGS has not had significant price volatility in the past 3 months.

Volatility Over Time: PGS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19911,210Rune Pedersenwww.pgs.com

PGS ASA, together with its subsidiaries, operates as a marine geophysical company in Norway and internationally. The company provides a range of seismic and reservoir services, including data acquisition, imaging, interpretation, and field evaluation to oil and gas companies, as well as carbon storage and offshore wind markets. The company was formerly known as Petroleum Geo-Services ASA and changed its name to PGS ASA in May 2019.

PGS ASA Fundamentals Summary

How do PGS's earnings and revenue compare to its market cap?
PGS fundamental statistics
Market capNOK 8.61b
Earnings (TTM)NOK 449.67m
Revenue (TTM)NOK 8.48b
19.1x
P/E Ratio
1.0x
P/S Ratio

Is PGS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PGS income statement (TTM)
RevenueUS$795.60m
Cost of RevenueUS$297.50m
Gross ProfitUS$498.10m
Other ExpensesUS$455.90m
EarningsUS$42.20m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 18, 2024

Earnings per share (EPS)0.044
Gross Margin62.61%
Net Profit Margin5.30%
Debt/Equity Ratio130.3%

How did PGS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/01 14:06
End of Day Share Price 2024/07/01 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PGS ASA is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael PickupBarclays
Asad FaridBerenberg
Alexander BrooksCanaccord Genuity