Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and internationally. More Details
Imperfect balance sheet with concerning outlook.
Share Price & News
How has Prosafe's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRS's share price has been volatile over the past 3 months.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: PRS underperformed the Norwegian Energy Services industry which returned -51.8% over the past year.
Return vs Market: PRS underperformed the Norwegian Market which returned -13.1% over the past year.
Price Volatility Vs. Market
How volatile is Prosafe's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StNews Flash: Analysts Just Made A Meaningful Upgrade To Their Prosafe SE (OB:PRS) Forecasts
5 months ago | Simply Wall StAuditors Have Doubts About Prosafe (OB:PRS)
6 months ago | Simply Wall StBearish: Analysts Just Cut Their Prosafe SE (OB:PRS) Revenue and EPS estimates
Is Prosafe undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Prosafe is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Prosafe has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of PRS's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Prosafe regulatory filings.
- Explore potentially undervalued companies in the Energy industry.
How is Prosafe forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRS is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PRS is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PRS is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PRS's revenue (12.6% per year) is forecast to grow faster than the Norwegian market (5% per year).
High Growth Revenue: PRS's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PRS's Return on Equity is forecast to be high in 3 years time
How has Prosafe performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRS is currently unprofitable.
Growing Profit Margin: PRS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PRS is unprofitable, and losses have increased over the past 5 years at a rate of 53.8% per year.
Accelerating Growth: Unable to compare PRS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PRS is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-28.1%).
Return on Equity
High ROE: PRS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Prosafe's financial position?
Financial Position Analysis
Short Term Liabilities: PRS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PRS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PRS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PRS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: PRS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PRS has sufficient cash runway for 2.7 years if free cash flow continues to grow at historical rates of 33.4% each year.
What is Prosafe current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRS'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 PRS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PRS is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PRS'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
Jesper Andresen (46 yo)
Mr. Jesper Kragh Andresen has been the Chief Executive Officer at Prosafe SE since February 08, 2017. Mr. Andresen has been the Chief Executive Officer of Axis Offshore Pte. Ltd. since 2012. Mr. Andresen h ...
CEO Compensation Analysis
Compensation vs Market: Jesper's total compensation ($USD487.00K) is above average for companies of similar size in the Norwegian market ($USD372.88K).
Compensation vs Earnings: Jesper's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||3.5yrs||US$487.00k||0.10% |
|Deputy CEO & CFO||5.08yrs||US$495.00k||0.065% |
|Chief Commercial Officer||1.67yrs||US$551.00k||0.055% |
|Senior Manager of Finance & Investor Relations||7.25yrs||no data||no data|
|Secretary||no data||no data||no data|
Experienced Management: PRS's management team is considered experienced (4.3 years average tenure).
|Independent Non-Executive Director||3.5yrs||US$101.00k||0.0036% |
|Independent Non-Executive Director||3.33yrs||US$86.00k||no data|
|Independent Non-Executive Director||3.75yrs||US$86.00k||no data|
|Independent Non-Executive Chairman||4.33yrs||US$128.00k||no data|
|Independent Non-Executive Director||1.33yrs||US$57.00k||no data|
|Independent Non-Executive Director||0.33yr||no data||no data|
Experienced Board: PRS's board of directors are considered experienced (3.4 years average tenure).
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 not been meaningfully diluted in the past year.
Prosafe SE's company bio, employee growth, exchange listings and data sources
- Name: Prosafe SE
- Ticker: PRS
- Exchange: OB
- Founded: 1972
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr98.792m
- Shares outstanding: 82.46m
- Website: https://www.prosafe.com
Number of Employees
- Prosafe SE
- Forusparken 2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRS||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Apr 1997|
|1Q6||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 1997|
|PRSE.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Apr 1997|
|PRSO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Apr 1997|
|PRSE.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Oct 2008|
Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and internationally. Its accommodation vessels are used for accommodation, eng ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/30 21:20|
|End of Day Share Price||2020/09/30 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.