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Solstad Maritime ASAOB:SOMA Stock Report

Market Cap NOK 12.7b
Share Price
NOK 27.30
NOK 68.19
60.0% undervalued intrinsic discount
1Y21.9%
7D-8.4%
1D
Portfolio Value
View

Solstad Maritime ASA

OB:SOMA Stock Report

Market Cap: NOK 12.7b

Solstad Maritime (SOMA) Stock Overview

Owns and operates offshore service vessels (OSVs) that provides maritime services to the offshore energy industry in North Sea, North and Central America, Mediterranean and rest of the Europe, Africa, South America, Australia, and Asia. More details

SOMA fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends3/6

SOMA Community Fair Values

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Top Community Narratives

NOK 68.19
FV
60.8% undervalued intrinsic discount
15.00%
Revenue growth p.a.
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Solstad Maritime ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solstad Maritime
Historical stock prices
Current Share PriceNOK 26.75
52 Week HighNOK 30.00
52 Week LowNOK 16.84
Beta0
1 Month Change-10.68%
3 Month Change12.16%
1 Year Change21.87%
3 Year Changen/a
5 Year Changen/a
Change since IPO11.92%

Recent News & Updates

Analysis Article May 15

We Think That There Are Some Issues For Solstad Maritime (OB:SOMA) Beyond Its Promising Earnings

The market for Solstad Maritime ASA's ( OB:SOMA ) stock was strong after it released a healthy earnings report last...
Analysis Article May 12

Earnings Update: Here's Why Analysts Just Lifted Their Solstad Maritime ASA (OB:SOMA) Price Target To kr29.67

The quarterly results for Solstad Maritime ASA ( OB:SOMA ) were released last week, making it a good time to revisit...
New Narrative May 11

Solstad Maritime will see growth with a 15% revenue jump

Investment Memorandum – Solstad Maritime ASA (OSE: SOMA) 1. Executive Summary Solstad Maritime ASA (“Solstad” or the “Company”) is a Norway-based offshore marine services provider focused on high-end vessels supporting oil & gas and renewable energy operations globally.

Recent updates

Analysis Article May 15

We Think That There Are Some Issues For Solstad Maritime (OB:SOMA) Beyond Its Promising Earnings

The market for Solstad Maritime ASA's ( OB:SOMA ) stock was strong after it released a healthy earnings report last...
Analysis Article May 12

Earnings Update: Here's Why Analysts Just Lifted Their Solstad Maritime ASA (OB:SOMA) Price Target To kr29.67

The quarterly results for Solstad Maritime ASA ( OB:SOMA ) were released last week, making it a good time to revisit...
New Narrative May 11

Solstad Maritime will see growth with a 15% revenue jump

Investment Memorandum – Solstad Maritime ASA (OSE: SOMA) 1. Executive Summary Solstad Maritime ASA (“Solstad” or the “Company”) is a Norway-based offshore marine services provider focused on high-end vessels supporting oil & gas and renewable energy operations globally.
Analysis Article Jan 28

Why Investors Shouldn't Be Surprised By Solstad Maritime ASA's (OB:SOMA) Low P/E

Solstad Maritime ASA's ( OB:SOMA ) price-to-earnings (or "P/E") ratio of 4.1x might make it look like a strong buy...
Analysis Article Dec 19

Does Solstad Maritime (OB:SOMA) 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 Nov 07

Solstad Maritime's (OB:SOMA) Promising Earnings May Rest On Soft Foundations

Solstad Maritime ASA ( OB:SOMA ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Analysis Article Aug 25

Solstad Maritime (OB:SOMA) Seems To Use Debt Quite Sensibly

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

Shareholder Returns

SOMANO Energy ServicesNO Market
7D-8.4%-5.8%-0.2%
1Y21.9%56.1%22.4%

Return vs Industry: SOMA underperformed the Norwegian Energy Services industry which returned 56.1% over the past year.

Return vs Market: SOMA exceeded the Norwegian Market which returned 22.4% over the past year.

Price Volatility

Is SOMA's price volatile compared to industry and market?
SOMA volatility
SOMA Average Weekly Movement4.1%
Energy Services Industry Average Movement5.1%
Market Average Movement5.6%
10% most volatile stocks in NO Market12.0%
10% least volatile stocks in NO Market3.3%

Stable Share Price: SOMA has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: SOMA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20231,364Lars Solstadwww.solstad.com

Solstad Maritime ASA owns and operates offshore service vessels (OSVs) that provides maritime services to the offshore energy industry in North Sea, North and Central America, Mediterranean and rest of the Europe, Africa, South America, Australia, and Asia. It operates through Anchor Handling Tug Supply Vessels (AHTS) and Construction Service Vessels (CSVs) segments. The company operates subsea construction contracts; and offers services to various vessel spreads, such as ROVs, tooling, project personnel, engineering support, survey, and other services.

Solstad Maritime ASA Fundamentals Summary

How do Solstad Maritime's earnings and revenue compare to its market cap?
SOMA fundamental statistics
Market capNOK 12.70b
Earnings (TTM)NOK 2.18b
Revenue (TTM)NOK 5.69b
5.7x
P/E Ratio
2.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOMA income statement (TTM)
RevenueUS$614.25m
Cost of RevenueUS$176.25m
Gross ProfitUS$438.01m
Other ExpensesUS$203.06m
EarningsUS$234.95m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 15, 2026

Earnings per share (EPS)0.50
Gross Margin71.31%
Net Profit Margin38.25%
Debt/Equity Ratio63.7%

How did SOMA perform over the long term?

See historical performance and comparison

Dividends

4.4%
Current Dividend Yield
47%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 16:37
End of Day Share Price 2026/05/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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 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 Github.

Analyst Sources

Solstad Maritime ASA is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen LandeDanske Bank
Kristian AarliDNB Carnegie
Truls OlsenFearnley Securities