Is SUBC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of SUBC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SUBC (NOK173.1) is trading below our estimate of fair value (NOK704.81)
Significantly Below Fair Value: SUBC is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SUBC?
Key metric: As SUBC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
The above table shows the Price to Earnings ratio for SUBC. This is calculated by dividing SUBC's market cap by their current
earnings.
What is SUBC's PE Ratio?
PE Ratio
28.3x
Earnings
US$162.10m
Market Cap
US$4.59b
SUBC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Price-To-Earnings vs Industry: SUBC is expensive based on its Price-To-Earnings Ratio (28.3x) compared to the Norwegian Energy Services industry average (7.7x).
Price to Earnings Ratio vs Fair Ratio
What is SUBC's PE Ratio
compared to its
Fair PE Ratio?
This is the expected PE Ratio taking into
account the company's forecast earnings growth, profit margins
and other risk factors.
SUBC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio
28.3x
Fair PE Ratio
16.3x
Price-To-Earnings vs Fair Ratio: SUBC is expensive based on its Price-To-Earnings Ratio (28.3x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).
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 SUBC forecast and predictions for the stock price in 12 month’s time.
Date
Share Price
Average 1Y Price Target
Dispersion
High
Low
1Y Actual price
Analysts
Current
NOK 173.10
NOK 236.53
+36.6%
8.1%
NOK 270.30
NOK 199.10
n/a
16
Dec ’25
NOK 174.30
NOK 236.07
+35.4%
8.1%
NOK 269.49
NOK 198.68
n/a
16
Nov ’25
NOK 170.40
NOK 237.09
+39.1%
8.4%
NOK 269.50
NOK 200.52
n/a
17
Oct ’25
NOK 172.90
NOK 228.90
+32.4%
7.8%
NOK 259.16
NOK 202.53
n/a
17
Sep ’25
NOK 189.20
NOK 220.76
+16.7%
15.8%
NOK 260.87
NOK 107.03
n/a
18
Aug ’25
NOK 206.40
NOK 224.48
+8.8%
15.7%
NOK 268.31
NOK 110.08
n/a
19
Jul ’25
NOK 201.60
NOK 209.95
+4.1%
15.5%
NOK 242.50
NOK 111.98
n/a
19
Jun ’25
NOK 193.80
NOK 196.27
+1.3%
14.2%
NOK 230.62
NOK 110.63
n/a
19
May ’25
NOK 180.20
NOK 203.12
+12.7%
13.5%
NOK 231.71
NOK 116.10
n/a
19
Apr ’25
NOK 172.55
NOK 187.76
+8.8%
12.3%
NOK 218.41
NOK 115.05
n/a
18
Mar ’25
NOK 158.95
NOK 174.23
+9.6%
13.0%
NOK 198.69
NOK 107.32
n/a
18
Feb ’25
NOK 143.85
NOK 171.74
+19.4%
13.2%
NOK 195.27
NOK 106.52
n/a
19
Jan ’25
NOK 148.20
NOK 165.21
+11.5%
13.2%
NOK 192.18
NOK 104.84
n/a
19
Dec ’24
NOK 151.90
NOK 172.37
+13.5%
13.8%
NOK 202.35
NOK 110.39
NOK 174.30
19
Nov ’24
NOK 148.85
NOK 174.16
+17.0%
13.7%
NOK 218.71
NOK 122.08
NOK 170.40
19
Oct ’24
NOK 147.40
NOK 165.92
+12.6%
16.6%
NOK 209.75
NOK 95.48
NOK 172.90
18
Sep ’24
NOK 140.70
NOK 166.17
+18.1%
16.7%
NOK 208.77
NOK 95.03
NOK 189.20
18
Aug ’24
NOK 138.05
NOK 156.24
+13.2%
18.2%
NOK 199.65
NOK 90.88
NOK 206.40
18
Jul ’24
NOK 133.65
NOK 155.28
+16.2%
18.5%
NOK 201.40
NOK 90.61
NOK 201.60
17
Jun ’24
NOK 110.30
NOK 158.43
+43.6%
18.7%
NOK 204.65
NOK 89.87
NOK 193.80
17
May ’24
NOK 121.65
NOK 153.50
+26.2%
19.3%
NOK 201.63
NOK 90.15
NOK 180.20
18
Apr ’24
NOK 123.90
NOK 146.70
+18.4%
21.0%
NOK 199.84
NOK 80.35
NOK 172.55
16
Mar ’24
NOK 135.30
NOK 133.66
-1.2%
18.9%
NOK 168.59
NOK 80.03
NOK 158.95
17
Feb ’24
NOK 123.80
NOK 122.96
-0.7%
18.9%
NOK 160.19
NOK 67.86
NOK 143.85
17
Jan ’24
NOK 113.05
NOK 120.19
+6.3%
17.6%
NOK 150.91
NOK 68.89
NOK 148.20
17
Dec ’23
NOK 112.10
NOK 120.19
+7.2%
17.6%
NOK 150.91
NOK 68.89
NOK 151.90
17
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.