SOFF Stock Overview
Operates offshore service vessels and maritime services to offshore energy industry. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Solstad Offshore ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 40.14 |
| 52 Week High | NOK 51.90 |
| 52 Week Low | NOK 29.96 |
| Beta | 2.42 |
| 1 Month Change | 25.28% |
| 3 Month Change | 17.30% |
| 1 Year Change | 6.08% |
| 3 Year Change | 657.36% |
| 5 Year Change | -96.14% |
| Change since IPO | -99.90% |
Recent News & Updates
Investors Still Aren't Entirely Convinced By Solstad Offshore ASA's (OB:SOFF) Revenues Despite 27% Price Jump
Nov 24
Investors Will Want Solstad Offshore's (OB:SOFF) Growth In ROCE To Persist
Nov 23Recent updates
Investors Still Aren't Entirely Convinced By Solstad Offshore ASA's (OB:SOFF) Revenues Despite 27% Price Jump
Nov 24Investors Will Want Solstad Offshore's (OB:SOFF) Growth In ROCE To Persist
Nov 23We Think Solstad Offshore (OB:SOFF) Is Taking Some Risk With Its Debt
Sep 06We Think Solstad Offshore (OB:SOFF) Might Have The DNA Of A Multi-Bagger
Jun 29This Is Why Solstad Offshore ASA's (OB:SOFF) CEO Compensation Looks Appropriate
May 23Why Investors Shouldn't Be Surprised By Solstad Offshore ASA's (OB:SOFF) Low P/S
Mar 29Solstad Offshore ASA (OB:SOFF) Shares Fly 27% But Investors Aren't Buying For Growth
Dec 18Is Solstad Offshore (OB:SOFF) A Risky Investment?
Oct 06Why Investors Shouldn't Be Surprised By Solstad Offshore ASA's (OB:SOFF) 26% Share Price Plunge
Apr 18Solstad Offshore ASA's (OB:SOFF) 26% Dip In Price Shows Sentiment Is Matching Revenues
Apr 18Here's Why Solstad Offshore (OB:SOFF) Has A Meaningful Debt Burden
Apr 12Solstad Offshore (OB:SOFF) Might Have The Makings Of A Multi-Bagger
Feb 27Solstad Offshore (OB:SOFF) Shareholders Will Want The ROCE Trajectory To Continue
Oct 04Is Solstad Offshore (OB:SOFF) Using Debt Sensibly?
Jul 29Here's Why Solstad Offshore (OB:SOFF) Has A Meaningful Debt Burden
Apr 05Solstad Offshore (OB:SOFF) Strong Profits May Be Masking Some Underlying Issues
Mar 06If You Had Bought Solstad Offshore (OB:SOFF) Shares A Year Ago You'd Have Earned 677% Returns
Nov 18Shareholder Returns
| SOFF | NO Energy Services | NO Market | |
|---|---|---|---|
| 7D | 3.6% | -0.9% | -2.6% |
| 1Y | 6.1% | -4.5% | -0.2% |
Return vs Industry: SOFF exceeded the Norwegian Energy Services industry which returned -4.5% over the past year.
Return vs Market: SOFF exceeded the Norwegian Market which returned -0.2% over the past year.
Price Volatility
| SOFF volatility | |
|---|---|
| SOFF Average Weekly Movement | 8.0% |
| Energy Services Industry Average Movement | 5.3% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.9% |
| 10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: SOFF's share price has been volatile over the past 3 months compared to the Norwegian market.
Volatility Over Time: SOFF's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1964 | 2,300 | Lars Solstad | www.solstad.com |
Solstad Offshore ASA operates offshore service vessels and maritime services to offshore energy industry. It owns and operates anchor handling tug support vessel and construction service vessels. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work.
Solstad Offshore ASA Fundamentals Summary
| SOFF fundamental statistics | |
|---|---|
| Market cap | NOK 3.73b |
| Earnings (TTM) | -NOK 31.83m |
| Revenue (TTM) | NOK 4.11b |
0.9x
P/S Ratio-117.1x
P/E RatioIs SOFF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOFF income statement (TTM) | |
|---|---|
| Revenue | NOK 4.11b |
| Cost of Revenue | NOK 435.59m |
| Gross Profit | NOK 3.67b |
| Other Expenses | NOK 3.71b |
| Earnings | -NOK 31.83m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 12, 2025
| Earnings per share (EPS) | -0.34 |
| Gross Margin | 89.40% |
| Net Profit Margin | -0.77% |
| Debt/Equity Ratio | 48.3% |
How did SOFF perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 01:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 world class team 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 .
Analyst Sources
Solstad Offshore ASA is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristoffer Iden | Arctic Securities ASA |
| Salman Alam | Carnegie Investment Bank AB |
| Øyvind Mossige | Danske Bank |