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

My Notes

Capture your thoughts, links and company narrative

Solstad Offshore ASA Competitors

Oil States International

NYSE:OIS

US$336.4m

Ranger Energy Services

NYSE:RNGR

US$365.5m

Natural Gas Services Group

NYSE:NGS

US$346.5m

TETRA Technologies

NYSE:TTI

US$504.8m

Price History & Performance

Summary of share price highs, lows and changes 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
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 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%	4.2%	1.3%
1Y	n/a	-4.4%	24.4%

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	6.4%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.6%
10% least volatile stocks in US Market	3.2%

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

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/07/03 05:45
End of Day Share Price	2024/04/05 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Solstad Offshore ASA is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kristoffer Iden	Arctic Securities ASA
Salman Alam	Carnegie Investment Bank AB
Øyvind Mossige	Danske Bank