Solstad Offshore (OTCPK:SLOF.F) - Stock Price, News & Analysis

SLOF.F Stock Overview

Operates offshore service vessels and maritime services to offshore energy industry. More details

SLOF.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 82.4% below our estimate of its fair value

Earnings are forecast to grow 107.91% per year

Became profitable this year

Risk Analysis

Shares are highly illiquid

Shareholders have been diluted in the past year

Large one-off items impacting financial results

Solstad Offshore ASA Competitors

Oil States International

NYSE:OIS

US$361.0m

Ranger Energy Services

NYSE:RNGR

US$374.4m

Natural Gas Services Group

NYSE:NGS

US$347.8m

TETRA Technologies

NYSE:TTI

US$532.5m

Price History & Performance

Summary of all time highs, changes and price drops for Solstad Offshore
Historical stock prices
Current Share Price	NOK 3.09
52 Week High	NOK 3.09
52 Week Low	NOK 3.09
Beta	2.67
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	2,107.14%
Change since IPO	243.33%

Recent updates

Shareholder Returns

	SLOF.F	US Energy Services	US Market
7D	0%	2.8%	2.2%
1Y	n/a	-1.5%	32.6%

Return vs Industry: Insufficient data to determine how SLOF.F performed against the US Energy Services industry.

Return vs Market: Insufficient data to determine how SLOF.F performed against the US Market.

Price Volatility

Is SLOF.F's price volatile compared to industry and market?
SLOF.F volatility
SLOF.F Average Weekly Movement	n/a
Energy Services Industry Average Movement	6.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SLOF.F has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SLOF.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1964	2,300	Lars Solstad	www.solstad.com

Solstad Offshore ASA operates offshore service vessels and maritime services to offshore energy industry. It owns and operates anchor handling tug support vessel and construction service vessels. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work.

Solstad Offshore ASA Fundamentals Summary

How do Solstad Offshore's earnings and revenue compare to its market cap?
SLOF.F fundamental statistics
Market cap	US$361.81m
Earnings (TTM)	US$925.90k
Revenue (TTM)	US$574.83m

390.8x

P/E Ratio

0.6x

P/S Ratio

Is SLOF.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLOF.F income statement (TTM)
Revenue	NOK 6.14b
Cost of Revenue	NOK 1.44b
Gross Profit	NOK 4.70b
Other Expenses	NOK 4.69b
Earnings	NOK 9.88m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 16, 2024

Earnings per share (EPS)	0.11
Gross Margin	76.56%
Net Profit Margin	0.16%
Debt/Equity Ratio	63.9%

How did SLOF.F perform over the long term?

See historical performance and comparison

Solstad Offshore OTCPK:SLOF.F Stock Report