Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 5/6 |
Past Performance | 5/6 |
Financial Health | 4/6 |
Dividends | 3/6 |
Rewards
Risk Analysis
Reach Subsea ASA Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | NOK 9.00 |
52 Week High | NOK 10.65 |
52 Week Low | NOK 4.03 |
Beta | 1.02 |
11 Month Change | -3.43% |
3 Month Change | 41.07% |
1 Year Change | 106.42% |
33 Year Change | 243.51% |
5 Year Change | 350.00% |
Change since IPO | -99.87% |
Recent News & Updates
Here's Why We Think Reach Subsea (OB:REACH) Might Deserve Your Attention Today
Aug 06Subdued Growth No Barrier To Reach Subsea ASA (OB:REACH) With Shares Advancing 26%
Jun 26Recent updates
Here's Why We Think Reach Subsea (OB:REACH) Might Deserve Your Attention Today
Aug 06Subdued Growth No Barrier To Reach Subsea ASA (OB:REACH) With Shares Advancing 26%
Jun 26Does Reach Subsea (OB:REACH) Have A Healthy Balance Sheet?
Jun 22Reach Subsea's (OB:REACH) Shareholders Will Receive A Bigger Dividend Than Last Year
May 30We Discuss Why The CEO Of Reach Subsea ASA (OB:REACH) Is Due For A Pay Rise
May 24Reach Subsea (OB:REACH) Has Announced That It Will Be Increasing Its Dividend To NOK0.36
Apr 25Reach Subsea's (OB:REACH) Performance Is Even Better Than Its Earnings Suggest
Feb 22Reach Subsea's (OB:REACH) Dividend Will Be Increased To NOK0.36
Feb 17Party Time: One Broker Just Made Major Increases To Their Reach Subsea ASA (OB:REACH) Earnings Forecast
Nov 13News Flash: Analysts Just Made A Notable Upgrade To Their Reach Subsea ASA (OB:REACH) Forecasts
Aug 27Is Now The Time To Put Reach Subsea (OB:REACH) On Your Watchlist?
Aug 25With EPS Growth And More, Reach Subsea (OB:REACH) Is Interesting
Feb 08The Trend Of High Returns At Reach Subsea (OB:REACH) Has Us Very Interested
Jul 20Reach Subsea ASA's (OB:REACH) CEO Looks Due For A Compensation Raise
Jun 04We Discuss Why Reach Subsea ASA's (OB:REACH) CEO May Deserve A Higher Pay Packet
May 19Reach Subsea's (OB:REACH) Strong Earnings Are Of Good Quality
Apr 01Is Reach Subsea (OB:REACH) A Risky Investment?
Feb 24Can Reach Subsea (OB:REACH) Continue To Grow Its Returns On Capital?
Jan 27What We Learned About Reach Subsea's (OB:REACH) CEO Pay
Dec 23Shareholder Returns
REACH | NO Energy Services | NO Market | |
---|---|---|---|
7D | 0% | 0.3% | -0.9% |
1Y | 106.4% | 19.2% | 6.4% |
Return vs Industry: REACH exceeded the Norwegian Energy Services industry which returned 19.2% over the past year.
Return vs Market: REACH exceeded the Norwegian Market which returned 6.4% over the past year.
Price Volatility
REACH volatility | |
---|---|
REACH Average Weekly Movement | 7.3% |
Energy Services Industry Average Movement | 5.5% |
Market Average Movement | 4.8% |
10% most volatile stocks in NO Market | 10.3% |
10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: REACH's share price has been volatile over the past 3 months.
Volatility Over Time: REACH's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1909 | 360 | Jostein Alendal | reachsubsea.no |
Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post- lay survey, as well as vessel, remotely operated vehicles, personnel, survey, and on demand engineering.
Reach Subsea ASA Fundamentals Summary
REACH fundamental statistics | |
---|---|
Market cap | NOK 2.45b |
Earnings (TTM) | NOK 226.12m |
Revenue (TTM) | NOK 2.31b |
10.8x
P/E Ratio1.1x
P/S RatioIs REACH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
REACH income statement (TTM) | |
---|---|
Revenue | NOK 2.31b |
Cost of Revenue | NOK 519.88m |
Gross Profit | NOK 1.79b |
Other Expenses | NOK 1.56b |
Earnings | NOK 226.12m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 27, 2024
Earnings per share (EPS) | 0.83 |
Gross Margin | 77.47% |
Net Profit Margin | 9.80% |
Debt/Equity Ratio | 6.1% |
How did REACH perform over the long term?
See historical performance and comparison