OHT ASA invests in and operates heavy transportation vessels worldwide.
No risks detected for OHT from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr18.50|
|52 Week High||kr14.44|
|52 Week Low||kr24.60|
|1 Month Change||-5.52%|
|3 Month Change||4.52%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-1.33%|
Recent News & Updates
|OHT||NO Shipping||NO Market|
Return vs Industry: Insufficient data to determine how OHT performed against the Norwegian Shipping industry.
Return vs Market: Insufficient data to determine how OHT performed against the Norwegian Market.
Stable Share Price: OHT is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: OHT's weekly volatility (5%) has been stable over the past year.
About the Company
OHT ASA invests in and operates heavy transportation vessels worldwide. It transports liftboats, cranes, jackets, barges, dredgers, modules, ship sections, offshore wind foundations, and other floating/non-floating cargoes, as well as jack-up’s and semi-submersible drilling rigs. The company owns and operates five open deck semi-submersible heavy transportation vessels.
OHT Fundamentals Summary
|OHT fundamental statistics|
Is OHT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OHT income statement (TTM)|
|Cost of Revenue||US$37.03m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 12, 2021
|Earnings per share (EPS)||-0.055|
|Net Profit Margin||-11.22%|
How did OHT perform over the long term?See historical performance and comparison
Is OHT 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: OHT (NOK18.5) is trading below our estimate of fair value (NOK394.54)
Significantly Below Fair Value: OHT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OHT is unprofitable, so we can't compare its PE Ratio to the Norwegian Shipping industry average.
PE vs Market: OHT 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 OHT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OHT is good value based on its PB Ratio (1.1x) compared to the NO Shipping industry average (1.3x).
How is OHT forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OHT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: OHT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: OHT's is expected to become profitable in the next 3 years.
Revenue vs Market: OHT's revenue (23.9% per year) is forecast to grow faster than the Norwegian market (5.7% per year).
High Growth Revenue: OHT's revenue (23.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OHT's Return on Equity is forecast to be low in 3 years time (14.6%).
How has OHT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OHT is currently unprofitable.
Growing Profit Margin: OHT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OHT is unprofitable, and losses have increased over the past 5 years at a rate of 4.1% per year.
Accelerating Growth: Unable to compare OHT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OHT is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (144.4%).
Return on Equity
High ROE: OHT has a negative Return on Equity (-2.74%), as it is currently unprofitable.
How is OHT's financial position?
Financial Position Analysis
Short Term Liabilities: OHT's short term assets ($36.2M) do not cover its short term liabilities ($47.1M).
Long Term Liabilities: OHT's short term assets ($36.2M) exceed its long term liabilities ($23.7M).
Debt to Equity History and Analysis
Debt Level: OHT's debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if OHT's debt to equity ratio has reduced 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: Insufficient data to determine if OHT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OHT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is OHT current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OHT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OHT'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 OHT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OHT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OHT'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
Torgeir Ramstad (62 yo)
Mr. Torgeir Egeland Ramstad serves as the Chief Executive Officer of OHT ASA. Mr. Ramstad has extensive top level management experience from offshore contracting, construction and marine operations in the...
CEO Compensation Analysis
Compensation vs Market: Torgeir's total compensation ($USD955.00K) is above average for companies of similar size in the Norwegian market ($USD501.99K).
Compensation vs Earnings: Insufficient data to compare Torgeir's compensation with company performance.
Experienced Management: OHT's management team is seasoned and experienced (5.3 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: OHT only recently listed within the past 12 months.
OHT ASA's employee growth, exchange listings and data sources
- Name: OHT ASA
- Ticker: OHT
- Exchange: OB
- Founded: 2006
- Industry: Marine
- Sector: Transportation
- Market Cap: kr2.261b
- Shares outstanding: 122.24m
- Website: https://www.oht.no
Number of Employees
- OHT ASA
- Haakon VIIs gate 1
- 11th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:40|
|End of Day Share Price||2021/09/23 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.