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Solstad Offshore ASA logo

SOFF - Solstad Offshore ASA Share Price

NOK6.86 -0.2  -2.1%

Last Trade - 20/04/21

Market Cap £55.9m
Enterprise Value £1.62bn
Revenue £431.6m
Position in Universe 1065th / 1829
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -14.3%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -96.1%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
3,656 2,580 3,777 4,910 5,245 5,026 7,304 +6.6%
+126.1
PEG
Profitability
ROA
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Cashflow
Dividends
Balance Sheet
NFA
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FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, SolstadOffshore ASA revenues decreased 4% to NOK5.03B. Net incometotaled NOK7.22B vs. loss of NOK3.13B. Revenues reflect adecrease in demand for the Company's products and servicesdue to unfavorable market conditions. Net Income reflectsInterest charges decrease of 13% to NOK1.44B (expense),Result from Joint Ventures decrease from NOK44.8M (expense)to NOK27.3M (income).
Health Trend(F-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Solstad Offshore ASA, formerly Solstad Farstad ASA, is a Norway-based shipping company active in the oil and gas industry. It is mainly involved in petroleum service activities offshore. It is organized into three business segments: Anchor-Handling Vessels (AHTS), Supply Vessels (PSV) and Construction Service Vessels (CSV). The Company’s fleet consists of around 50 vessels. The Company operates through its head office and a network of branch offices located in Aberdeen, Singapore, Rio de Janeiro, Perth and Manila. The Company’s vessels operate in such areas, as the North Sea, South America, Asia, North and Central America, the Mediterranean and other parts of Europe, and West Africa. Its subsidiaries include Solstad Offshore (UK) LTD, Solstad Offshore Service Vessel (UK) LTD, Solstad Management AS, Normand Skarven AS and Solstad Offshore Asia Pacific Ltd, among others.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated February 19, 1995
Public Since October 1, 1997
No. of Shareholders: n/a
No. of Employees: 3,549
Sector Energy
Industry Oil & Gas Related Equipment and Services
Index
Exchange Oslo Stock Exchange
Shares in Issue 92,872,126
Free Float (0.0%)
Eligible for
ISAs
SIPPs
SOFF Share Price Performance
Share Price
Bid - Ask
Low - High
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Day's Change
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Latest News for SOFF
Upcoming Events for SOFF
Friday 25th June, 2021 Estimate
Solstad Offshore ASA Annual Shareholders Meeting
Frequently Asked Questions for Solstad Offshore ASA
What is the Solstad Offshore ASA share price?

As of 20/04/21, shares in Solstad Offshore ASA are trading at NOK6.86, giving the company a market capitalisation of £55.9m. This share price information is delayed by 15 minutes.

How has the Solstad Offshore ASA share price performed this year?

Shares in Solstad Offshore ASA are currently trading at NOK6.86 and the price has moved by -88.83% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Solstad Offshore ASA price has moved by -91.64% over the past year.

What are the analyst and broker recommendations for Solstad Offshore ASA?

Of the analysts with advisory recommendations for Solstad Offshore ASA, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Solstad Offshore ASA is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Solstad Offshore ASA next release its financial results?

Solstad Offshore ASA is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Solstad Offshore ASA dividend yield?

Solstad Offshore ASA does not currently pay a dividend.

Does Solstad Offshore ASA pay a dividend?

Solstad Offshore ASA does not currently pay a dividend.

When does Solstad Offshore ASA next pay dividends?

Solstad Offshore ASA does not currently pay a dividend.

How do I buy Solstad Offshore ASA shares?

To buy shares in Solstad Offshore 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 Solstad Offshore ASA?

Shares in Solstad Offshore ASA are currently trading at NOK6.86, giving the company a market capitalisation of £55.9m.

Where are Solstad Offshore ASA shares listed? Where are Solstad Offshore ASA shares listed?

Here are the trading details for Solstad Offshore ASA:

Country of listing: Norway
Exchange: OSL
Ticker Symbol: SOFF
What kind of share is Solstad Offshore ASA?

Based on an overall assessment of its quality, value and momentum, Solstad Offshore ASA is currently classified as a Value Trap. 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 Solstad Offshore ASA share price forecast 2021?

Shares in Solstad Offshore ASA are currently priced at NOK6.86. At that level they are trading at 28.67% premium to the analyst consensus target price of 0.00.

Analysts covering Solstad Offshore ASA currently have a consensus Earnings Per Share (EPS) forecast of 275.88 for the next financial year.

How can I tell whether the Solstad Offshore ASA share price will go up?

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 Solstad Offshore ASA. Over the past six months, the relative strength of its shares against the market has been 45.02%. At the current price of NOK6.86, shares in Solstad Offshore ASA are trading at -76.32% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Solstad Offshore ASA PE Ratio?

The Solstad Offshore ASA PE ratio based on its reported earnings over the past 12 months is 0.06. The shares are currently trading at NOK6.86.

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 Solstad Offshore ASA?

Solstad Offshore ASA's management team is headed by:

Lars Solstad - MDR
Eivind Kvilhaug - FID
Sven Stakkestad - DMD
Toril Eidesvik - DRC
Frank Reite - DRC
Ellen Solstad - DRC
Hans Skar - OTH
Tor Dale - COO
Anders Jomaas - CFO
Merete Haugli - DRC
Harald Thorstein - DRC
Harald Espedal - CHM
Who are the major shareholders of Solstad Offshore ASA?

Here are the top five shareholders of Solstad Offshore ASA based on the size of their shareholding:

AKER CAPITAL AS Corporation
Percentage owned: 21.75% (16.3m shares)
Hemen Holding Limited Holding Company
Percentage owned: 9.19% (6.89m shares)
Nordea Bank Abp Corporation
Percentage owned: 7.2% (5.40m shares)
SFL Corporation Ltd Corporation
Percentage owned: 4.86% (3.64m shares)
Jarsteinen AS Corporation
Percentage owned: 4.14% (3.10m shares)
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