Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products.
No risks detected for ODF from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr28.20|
|52 Week High||kr20.70|
|52 Week Low||kr35.30|
|1 Month Change||-6.00%|
|3 Month Change||-13.23%|
|1 Year Change||29.36%|
|3 Year Change||-15.32%|
|5 Year Change||7.22%|
|Change since IPO||99.65%|
Recent News & Updates
New Forecasts: Here's What Analysts Think The Future Holds For Odfjell SE (OB:ODF)
Odfjell SE ( OB:ODF ) shareholders will have a reason to smile today, with the analysts making substantial upgrades to...
|ODF||NO Shipping||NO Market|
Return vs Industry: ODF underperformed the Norwegian Shipping industry which returned 84.9% over the past year.
Return vs Market: ODF exceeded the Norwegian Market which returned 21.7% over the past year.
Stable Share Price: ODF is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ODF's weekly volatility (4%) has been stable over the past year.
About the Company
Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products. The company operates through three segments: Chemical Tankers, Tank Terminals, and Gas Carriers. It owns and operates chemical tankers that offers global and regional transportation; tank terminals, which provides storage of various chemical and petroleum products; and LPG/ethylene carriers.
Is Odfjell undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ODF (NOK28.2) is trading below our estimate of fair value (NOK142)
Significantly Below Fair Value: ODF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ODF is unprofitable, so we can't compare its PE Ratio to the Norwegian Shipping industry average.
PE vs Market: ODF is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ODF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ODF is good value based on its PB Ratio (0.5x) compared to the NO Shipping industry average (1.4x).
How is Odfjell forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ODF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: ODF is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ODF's is expected to become profitable in the next 3 years.
Revenue vs Market: ODF's revenue is expected to decline over the next 3 years (-1.7% per year).
High Growth Revenue: ODF's revenue is forecast to decline over the next 3 years (-1.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ODF's Return on Equity is forecast to be low in 3 years time (6.5%).
How has Odfjell performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ODF is currently unprofitable.
Growing Profit Margin: ODF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ODF is unprofitable, and losses have increased over the past 5 years at a rate of 27.7% per year.
Accelerating Growth: Unable to compare ODF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ODF is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (107%).
Return on Equity
High ROE: ODF has a negative Return on Equity (-3.92%), as it is currently unprofitable.
How is Odfjell's financial position?
Financial Position Analysis
Short Term Liabilities: ODF's short term assets ($220.9M) do not cover its short term liabilities ($376.5M).
Long Term Liabilities: ODF's short term assets ($220.9M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: ODF's debt to equity ratio (114.4%) is considered high.
Reducing Debt: ODF's debt to equity ratio has reduced from 134.8% to 114.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ODF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ODF is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24% per year.
What is Odfjell current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ODF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ODF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ODF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ODF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ODF is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ODF's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kristian Morch (54 yo)
Mr. Kristian Verner Morch is the Chief Executive Officer of Odfjell SE since August 1, 2015. He was a Partner of Clipper Group A/S until May 2015 and served as its Group Chief Executive Officer from Januar...
CEO Compensation Analysis
Compensation vs Market: Kristian's total compensation ($USD1.33M) is above average for companies of similar size in the Norwegian market ($USD544.80K).
Compensation vs Earnings: Kristian's compensation has increased whilst the company is unprofitable.
Experienced Management: ODF's management team is considered experienced (3.7 years average tenure).
Experienced Board: ODF's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Odfjell SE's employee growth, exchange listings and data sources
- Name: Odfjell SE
- Ticker: ODF
- Exchange: OB
- Founded: 1914
- Industry: Marine
- Sector: Transportation
- Market Cap: kr2.218b
- Shares outstanding: 78.63m
- Website: https://www.odfjell.com
Number of Employees
- Odfjell SE
- Conrad Mohrs veg 29
- PO Box 6101
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 21:30|
|End of Day Share Price||2021/09/16 00:00|
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.