Standard Supply Valuation

Is STSU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

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 STSU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: STSU (NOK24.85) is trading below our estimate of fair value (NOK545.68)

Significantly Below Fair Value: STSU is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for STSU?

Key metric: As STSU is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for STSU. This is calculated by dividing STSU's market cap by their current earnings.
What is STSU's PE Ratio?
PE Ratio	0.1x
Earnings	US$35.51m
Market Cap	US$4.22m

STSU 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.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	-0.004x

Price to Earnings Ratio vs Peers

How does STSU's PE Ratio compare to its peers?

The above table shows the PE ratio for STSU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	4x
BULK GoodBulk	0.04x	n/a	NOK 19.4m
PNRM Pioneer Marine	7.6x	n/a	NOK 585.7m
AMSC AMSC	5.2x	-144.7%	NOK 2.0b
2020 2020 Bulkers	3.3x	-33.7%	NOK 3.1b
STSU Standard Supply	0.1x	-33.9%	NOK 46.6m

Price-To-Earnings vs Peers: STSU is good value based on its Price-To-Earnings Ratio (0.1x) compared to the peer average (4x).

Price to Earnings Ratio vs Industry

How does STSU's PE Ratio compare vs other companies in the European Shipping Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	7.8x	-3.8%
STSU Standard Supply	0.1x	-33.9%	US$4.22m

2 Companies		Estimated Growth	Market Cap
Industry Avg.	7.8x	-3.8%
STSU Standard Supply	0.1x	-33.9%	US$4.22m

No more companies

Price-To-Earnings vs Industry: STSU is good value based on its Price-To-Earnings Ratio (0.1x) compared to the European Shipping industry average (7.8x).

Price to Earnings Ratio vs Fair Ratio

What is STSU'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.

STSU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	0.1x
Fair PE Ratio	1.1x

Price-To-Earnings vs Fair Ratio: STSU is good value based on its Price-To-Earnings Ratio (0.1x) compared to the estimated Fair Price-To-Earnings Ratio (1.1x).

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 STSU 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 24.85	NOK 390.00 +1,469.4%	35.9%	NOK 530.00	NOK 250.00	n/a	2
Nov ’25	NOK 35.00	NOK 390.00 +1,014.3%	35.9%	NOK 530.00	NOK 250.00	n/a	2
Oct ’25	NOK 129.00	NOK 390.00 +202.3%	35.9%	NOK 530.00	NOK 250.00	n/a	2
Sep ’25	NOK 216.00	NOK 390.00 +80.6%	35.9%	NOK 530.00	NOK 250.00	n/a	2
Aug ’25	NOK 213.50	NOK 390.00 +82.7%	35.9%	NOK 530.00	NOK 250.00	n/a	2
Jul ’25	NOK 212.50	NOK 390.00 +83.5%	35.9%	NOK 530.00	NOK 250.00	n/a	2
Jun ’25	NOK 212.00	NOK 390.00 +84.0%	35.9%	NOK 530.00	NOK 250.00	n/a	2
Mar ’25	NOK 218.00	NOK 610.00 +179.8%	13.1%	NOK 690.00	NOK 530.00	n/a	2
Feb ’25	NOK 460.00	NOK 610.00 +32.6%	13.1%	NOK 690.00	NOK 530.00	n/a	2
Jan ’25	NOK 470.00	NOK 610.00 +29.8%	13.1%	NOK 690.00	NOK 530.00	n/a	2
Dec ’24	NOK 475.00	NOK 695.00 +46.3%	0.7%	NOK 700.00	NOK 690.00	n/a	2
Nov ’24	NOK 540.00	NOK 695.00 +28.7%	0.7%	NOK 700.00	NOK 690.00	NOK 35.00	2
Oct ’24	NOK 534.00	NOK 675.00 +26.4%	2.2%	NOK 690.00	NOK 660.00	NOK 129.00	2
Sep ’24	NOK 499.00	NOK 675.00 +35.3%	2.2%	NOK 690.00	NOK 660.00	NOK 216.00	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.