Seacrest Petroleo Bermuda Limited

OB:SEAPT Stock Report

Market Cap: NOK 112.8m

Seacrest Petroleo Bermuda Valuation

Is SEAPT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SEAPT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SEAPT (NOK0.24) is trading below our estimate of fair value (NOK96.45)

Significantly Below Fair Value: SEAPT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SEAPT?

Key metric: As SEAPT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SEAPT. This is calculated by dividing SEAPT's market cap by their current revenue.
What is SEAPT's PS Ratio?
PS Ratio0.05x
SalesUS$208.59m
Market CapUS$10.17m

Price to Sales Ratio vs Peers

How does SEAPT's PS Ratio compare to its peers?

The above table shows the PS ratio for SEAPT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
IOX Interoil Exploration and Production
0.2xn/aNOK 65.2m
PNO Petrolia NOCO
1x-5.9%NOK 221.0m
PNOR PetroNor E&P
0.7xn/aNOK 1.5b
OKEA OKEA
0.2x-13.1%NOK 2.2b
SEAPT Seacrest Petroleo Bermuda
0.05x24.2%NOK 112.8m

Price-To-Sales vs Peers: SEAPT is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does SEAPT's PS Ratio compare vs other companies in the NO Oil and Gas Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.0x-4.7%
SEAPT Seacrest Petroleo Bermuda
 0.05x24.2%US$10.17m
No more companies available in this PS range
SEAPT 0.0xIndustry Avg. 1.0xNo. of Companies5PS00.81.62.43.24+
1 CompanyEstimated GrowthMarket Cap
Industry Avg.1.0x-4.0%
SEAPT Seacrest Petroleo Bermuda
 0.05x77.1%US$10.17m
No more companies

Price-To-Sales vs Industry: SEAPT is good value based on its Price-To-Sales Ratio (0x) compared to the Norwegian Oil and Gas industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is SEAPT'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.

SEAPT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.05x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: SEAPT is good value based on its Price-To-Sales Ratio (0x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SEAPT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 0.24
NOK 4.40
+1,733.3%
29.5%NOK 5.70NOK 3.10n/a2
Nov ’25NOK 0.49
NOK 4.40
+798.0%
29.5%NOK 5.70NOK 3.10n/a2
Oct ’25NOK 0.46
NOK 4.40
+848.3%
29.5%NOK 5.70NOK 3.10n/a2
Sep ’25NOK 0.69
NOK 4.40
+537.7%
29.5%NOK 5.70NOK 3.10n/a2
Aug ’25NOK 1.07
NOK 4.40
+311.2%
29.5%NOK 5.70NOK 3.10n/a2
Jul ’25NOK 2.96
NOK 11.57
+290.8%
82.3%NOK 25.00NOK 4.00n/a3
Jun ’25NOK 3.20
NOK 11.57
+261.5%
82.3%NOK 25.00NOK 4.00n/a3
May ’25NOK 4.66
NOK 11.57
+148.2%
82.3%NOK 25.00NOK 4.00n/a3
Apr ’25NOK 4.65
NOK 11.57
+148.7%
82.3%NOK 25.00NOK 4.00n/a3
Mar ’25NOK 3.63
NOK 11.57
+218.6%
82.3%NOK 25.00NOK 4.00n/a3
Feb ’25NOK 7.50
NOK 22.67
+202.2%
24.5%NOK 28.00NOK 15.00n/a3
Jan ’25NOK 8.90
NOK 24.33
+173.4%
13.6%NOK 28.00NOK 20.00n/a3
Dec ’24NOK 9.85
NOK 24.33
+147.0%
13.6%NOK 28.00NOK 20.00n/a3
Nov ’24NOK 11.34
NOK 25.00
+120.5%
9.8%NOK 28.00NOK 22.00NOK 0.493
Oct ’24NOK 11.00
NOK 25.00
+127.3%
9.8%NOK 28.00NOK 22.00NOK 0.463
Sep ’24NOK 11.30
NOK 25.00
+121.2%
9.8%NOK 28.00NOK 22.00NOK 0.693
Aug ’24NOK 11.90
NOK 25.00
+110.1%
9.8%NOK 28.00NOK 22.00NOK 1.073
Jul ’24NOK 9.70
NOK 25.00
+157.7%
9.8%NOK 28.00NOK 22.00NOK 2.963
Jun ’24NOK 12.20
NOK 25.00
+105.0%
9.8%NOK 28.00NOK 22.00NOK 3.203

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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