REACHo — Reach Subsea ASA Share Price
0.000.00%
Last trade - 00:00- NOK1.62bn
- NOK2.44bn
- NOK2.00bn
- 44
- 89
- 99
- 92
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 6.58 | ||
| PEG Ratio (f) | 0.46 | ||
| EPS Growth (f) | 16.72% | ||
| Dividend Yield (f) | 7.44% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 1.75 | ||
| Price to Tang. Book | 2.06 | ||
| Price to Free Cashflow | 2.16 | ||
| Price to Sales | 0.81 | ||
| EV to EBITDA | 2.56 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 18.41% | ||
| Return on Equity | 29.96% | ||
| Operating Margin | 16.62% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | NOKm | 508.53 | 628.03 | 686.6 | 1,162.82 | 1,995.9 | 2,448.06 | 2,529.02 | 24.2% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | n/a | n/a | +62.4 | -47.31 | +118.46 | +13.32 | +24.26 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Reach Subsea ASA, formerly Transit Invest ASA, is a Norway-based company with operations within the maritime sector. It offers subsea services as subcontractor directly to end customers. The Company’s business is based on Remotely Operated Underwater Vehicles (ROV) operated by offshore personnel and supported by onshore project management and engineering resources. Reach Subsea operates through two segments: the Oil & Gas segment, that is engaged in surveying, Inspection, Maintenance and Repair (IMR) and light construction projects for oil & gas companies while the Renewable/Other segment provides those services to non-oil & gas companies. The Company’s services include also geophysical monitoring services, environmental monitoring services as well as in-house engineering. Reach Subsea ASA has several subsidiaries, such as Reach Subsea AS, Connect Offshore AS and Reach International AS.
Directors
- Kare Lie CHM (71)
- Jostein Alendal CEO (51)
- Anders Onarheim VCH
- Birgitte Wendelbo Johansen CFO
- Inge Grutle COO (36)
- Bard Hogheim DSL
- Bjorg Mathisen Doving OTH (39)
- Knut Medhaug OTH
- Morten Roth Stranden OTH (45)
- Sven Storesund OTH (58)
- Rune Lande SEC
- Sverre Mikkelsen DRC
- Ingunn Overeng Iveland DRC
- Kristine Skeie DRC
- Last Annual
- December 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- March 12th, 1995
- Public Since
- January 2nd, 1920
- No. of Employees
- 273
- Sector
- Freight & Logistics Services
- Industry
- Industrials
- Exchange
- OMX Nordic Exchange Stockholm
- Shares in Issue
- 271,769,245
- Address
- Garpeskjaervegen 2, HAUGESUND, 5527
- Web
- https://reachsubsea.no/
- Phone
- +47 40007710
- Auditors
- PricewaterhouseCoopers AS
Upcoming Events for REACHo
Reach Subsea ASA Annual Shareholders Meeting
Reach Subsea ASA Annual Shareholders Meeting
Dividend For REACH.OL - 0.3600 NOK
Q2 2024 Reach Subsea ASA Earnings Release
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FAQ
What is the Reach Subsea ASA share price?
As of Today at 19:17 UTC, shares in Reach Subsea ASA are trading at NOK5.98. This share price information is delayed by 15 minutes.
How has the Reach Subsea ASA share price performed this year?
Shares in Reach Subsea ASA last closed at NOK5.98 and the price had moved by +46.57% over the past 365 days. In terms of relative price strength the Reach Subsea ASA share price has outperformed the FTSE Global All Cap Index by +35.19% over the past year.
What are the analyst and broker recommendations for Reach Subsea ASA?
The overall consensus recommendation for Reach Subsea ASA is Buy. You can view the full broker recommendation list by unlocking its StockReport.
What is the Reach Subsea ASA dividend yield?
The Reach Subsea ASA dividend yield is 6.02% based on the trailing twelve month period.
Does Reach Subsea ASA pay a dividend?
Last year, Reach Subsea ASA paid a total dividend of NOK0.36, and it currently has a trailing dividend yield of 6.02%. We do not have any data on when Reach Subsea ASA is to next pay dividends.
When does Reach Subsea ASA next pay dividends?
We do not have data on when Reach Subsea ASA is to next pay dividends. The historic dividend yield on Reach Subsea ASA shares is currently 6.02%.
How do I buy Reach Subsea ASA shares?
To buy shares in Reach Subsea ASA you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Reach Subsea ASA?
As of the previous close price of NOK5.98, shares in Reach Subsea ASA had a market capitalisation of NOK1.62bn.
Where are Reach Subsea ASA shares listed?
Here are the trading details for Reach Subsea ASA:
- Country of listing: Sweden
- Exchange: STO
- Ticker Symbol: REACHo
What kind of share is Reach Subsea ASA?
Based on an overall assessment of its quality, value and momentum Reach Subsea ASA is currently classified as a Turnaround. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Reach Subsea ASA share price forecast for 2024?
The analyst consensus target price for shares in Reach Subsea ASA is NOK7.04. That is 17.73% above the last closing price of NOK5.98.
Analysts covering Reach Subsea ASA currently have a consensus Earnings Per Share (EPS) forecast of NOK0.85 for the next financial year.
What is the trend in the Reach Subsea ASA share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Reach Subsea ASA. Over the past six months, its share price has outperformed the FTSE Global All Cap Index by +21.96%.
As of the last closing price of NOK5.98, shares in Reach Subsea ASA were trading +64.27% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Reach Subsea ASA PE Ratio?
The Reach Subsea ASA PE ratio based on its reported earnings over the past 12 months is 6.58. The shares last closed at NOK5.98.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Reach Subsea ASA?
Reach Subsea ASA's management team is headed by:
- Kare Lie - CHM
- Jostein Alendal - CEO
- Anders Onarheim - VCH
- Birgitte Wendelbo Johansen - CFO
- Inge Grutle - COO
- Bard Hogheim - DSL
- Bjorg Mathisen Doving - OTH
- Knut Medhaug - OTH
- Morten Roth Stranden - OTH
- Sven Storesund - OTH
- Rune Lande - SEC
- Sverre Mikkelsen - DRC
- Ingunn Overeng Iveland - DRC
- Kristine Skeie - DRC