Siem Offshore Inc. Logo

Siem Offshore Inc.

SIOFF.OL

(1.0)
Stock Price

36,10 NOK

14.46% ROA

32.46% ROE

5.17x PER

Market Cap.

803.566.284,42 NOK

85.04% DER

0% Yield

45.32% NPM

Siem Offshore Inc. Stock Analysis

Siem Offshore Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Siem Offshore Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (16.58%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ROA (6.49%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

3 PBV

The stock's PBV ratio (1.19x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

4 DER

The stock is burdened with a heavy load of debt (121%), making it financially unstable and potentially risky for investors.

5 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

6 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

7 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock appears overvalued (13) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Siem Offshore Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Siem Offshore Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Siem Offshore Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Siem Offshore Inc. Revenue
Year Revenue Growth
2006 73.554.000
2007 159.342.000 53.84%
2008 192.773.000 17.34%
2009 183.558.000 -5.02%
2010 228.302.000 19.6%
2011 340.628.000 32.98%
2012 368.213.000 7.49%
2013 363.954.000 -1.17%
2014 491.313.000 25.92%
2015 422.450.000 -16.3%
2016 469.124.000 9.95%
2017 415.309.000 -12.96%
2018 307.736.000 -34.96%
2019 292.530.000 -5.2%
2020 244.843.000 -19.48%
2021 254.493.000 3.79%
2022 274.306.000 7.22%
2023 342.496.000 19.91%
2023 336.026.000 -1.93%
2024 332.684.000 -1%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Siem Offshore Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Siem Offshore Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 8.256.000
2007 11.884.000 30.53%
2008 0 0%
2009 19.620.000 100%
2010 0 0%
2011 35.215.000 100%
2012 47.066.000 25.18%
2013 50.701.000 7.17%
2014 47.033.000 -7.8%
2015 38.575.000 -21.93%
2016 33.059.000 -16.69%
2017 33.334.000 0.82%
2018 24.105.000 -38.29%
2019 17.718.000 -36.05%
2020 19.600.000 9.6%
2021 19.793.000 0.98%
2022 22.596.000 12.4%
2023 20.528.000 -10.07%
2023 22.301.000 7.95%
2024 22.524.000 0.99%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Siem Offshore Inc. EBITDA
Year EBITDA Growth
2006 50.455.000
2007 128.458.000 60.72%
2008 25.547.000 -402.83%
2009 152.426.000 83.24%
2010 97.628.000 -56.13%
2011 122.509.000 20.31%
2012 115.953.000 -5.65%
2013 104.184.000 -11.3%
2014 236.762.000 56%
2015 146.755.000 -61.33%
2016 89.778.000 -63.46%
2017 134.057.000 33.03%
2018 146.205.000 8.31%
2019 115.114.000 -27.01%
2020 55.614.000 -106.99%
2021 96.884.000 42.6%
2022 115.252.000 15.94%
2023 150.164.000 23.25%
2023 185.108.000 18.88%
2024 152.648.000 -21.26%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Siem Offshore Inc. Gross Profit
Year Gross Profit Growth
2006 73.554.000
2007 159.342.000 53.84%
2008 192.773.000 17.34%
2009 183.558.000 -5.02%
2010 74.642.000 -145.92%
2011 340.628.000 78.09%
2012 231.085.000 -47.4%
2013 250.009.000 7.57%
2014 276.683.000 9.64%
2015 220.802.000 -25.31%
2016 226.547.000 2.54%
2017 242.585.000 6.61%
2018 201.873.000 -20.17%
2019 189.752.000 -6.39%
2020 153.920.000 -23.28%
2021 163.501.000 5.86%
2022 179.588.000 8.96%
2023 272.740.000 34.15%
2023 238.372.000 -14.42%
2024 332.684.000 28.35%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Siem Offshore Inc. Net Profit
Year Net Profit Growth
2006 45.012.000
2007 98.368.000 54.24%
2008 -25.766.000 481.77%
2009 103.829.000 124.82%
2010 9.693.000 -971.18%
2011 -7.291.000 232.94%
2012 17.260.000 142.24%
2013 22.000.000 21.55%
2014 58.147.000 62.16%
2015 -186.687.000 131.15%
2016 -142.436.000 -31.07%
2017 -164.324.000 13.32%
2018 15.951.000 1130.18%
2019 -114.506.000 113.93%
2020 -350.472.000 67.33%
2021 107.858.000 424.94%
2022 30.897.000 -249.09%
2023 53.520.000 42.27%
2023 174.515.000 69.33%
2024 47.084.000 -270.65%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Siem Offshore Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 28
2007 45 37.78%
2008 -10 550%
2009 35 128.57%
2010 3 -1066.67%
2011 -2 400%
2012 4 125%
2013 6 33.33%
2014 15 60%
2015 -36 141.67%
2016 -17 -125%
2017 -18 11.11%
2018 1 1900%
2019 -10 111.11%
2020 -38 75.68%
2021 1 0%
2022 0 0%
2023 0 0%
2023 1 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Siem Offshore Inc. Free Cashflow
Year Free Cashflow Growth
2006 -143.150.000
2007 -190.485.000 24.85%
2008 -121.708.000 -56.51%
2009 -282.338.000 56.89%
2010 -470.880.000 40.04%
2011 -121.766.000 -286.71%
2012 17.171.000 809.14%
2013 -270.427.000 106.35%
2014 -341.329.000 20.77%
2015 -107.169.000 -218.5%
2016 -349.961.000 69.38%
2017 79.907.000 537.96%
2018 21.763.000 -267.17%
2019 60.345.000 63.94%
2020 14.497.000 -316.26%
2021 54.363.000 73.33%
2022 59.249.000 8.25%
2023 20.970.000 -182.54%
2023 104.132.000 79.86%
2024 -3.605.000 2988.54%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Siem Offshore Inc. Operating Cashflow
Year Operating Cashflow Growth
2006 34.189.000
2007 93.870.000 63.58%
2008 54.315.000 -72.83%
2009 79.230.000 31.45%
2010 39.401.000 -101.09%
2011 86.273.000 54.33%
2012 70.538.000 -22.31%
2013 58.986.000 -19.58%
2014 184.345.000 68%
2015 42.462.000 -334.14%
2016 64.841.000 34.51%
2017 99.938.000 35.12%
2018 32.731.000 -205.33%
2019 96.023.000 65.91%
2020 39.704.000 -141.85%
2021 82.099.000 51.64%
2022 84.172.000 2.46%
2023 27.335.000 -207.93%
2023 137.624.000 80.14%
2024 16.960.000 -711.46%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Siem Offshore Inc. Capital Expenditure
Year Capital Expenditure Growth
2006 177.339.000
2007 284.355.000 37.63%
2008 176.023.000 -61.54%
2009 361.568.000 51.32%
2010 510.281.000 29.14%
2011 208.039.000 -145.28%
2012 53.367.000 -289.83%
2013 329.413.000 83.8%
2014 525.674.000 37.34%
2015 149.631.000 -251.31%
2016 414.802.000 63.93%
2017 20.031.000 -1970.8%
2018 10.968.000 -82.63%
2019 35.678.000 69.26%
2020 25.207.000 -41.54%
2021 27.736.000 9.12%
2022 24.923.000 -11.29%
2023 6.365.000 -291.56%
2023 33.492.000 81%
2024 20.565.000 -62.86%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Siem Offshore Inc. Equity
Year Equity Growth
2006 142.115.000
2007 475.859.000 70.14%
2008 407.813.000 -16.69%
2009 702.728.000 41.97%
2010 769.070.000 8.63%
2011 769.751.000 0.09%
2012 786.511.000 2.13%
2013 793.888.000 0.93%
2014 823.648.000 3.61%
2015 665.508.000 -23.76%
2016 647.985.000 -2.7%
2017 473.611.000 -36.82%
2018 466.090.000 -1.61%
2019 360.370.000 -29.34%
2020 12.422.000 -2801.06%
2021 340.298.000 96.35%
2022 359.378.000 5.31%
2023 529.176.000 32.09%
2023 423.626.000 -24.92%
2024 534.157.000 20.69%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Siem Offshore Inc. Assets
Year Assets Growth
2006 349.985.000
2007 901.602.000 61.18%
2008 863.850.000 -4.37%
2009 1.283.978.000 32.72%
2010 1.711.483.000 24.98%
2011 1.860.531.000 8.01%
2012 1.738.458.000 -7.02%
2013 1.902.702.000 8.63%
2014 2.260.583.000 15.83%
2015 2.035.122.000 -11.08%
2016 2.413.390.000 15.67%
2017 2.045.075.000 -18.01%
2018 1.746.273.000 -17.11%
2019 1.541.454.000 -13.29%
2020 1.185.827.000 -29.99%
2021 1.073.497.000 -10.46%
2022 1.019.891.000 -5.26%
2023 1.086.969.000 6.17%
2023 1.014.879.000 -7.1%
2024 1.074.014.000 5.51%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Siem Offshore Inc. Liabilities
Year Liabilities Growth
2006 207.870.000
2007 425.743.000 51.17%
2008 437.906.000 2.78%
2009 581.250.000 24.66%
2010 942.413.000 38.32%
2011 1.090.780.000 13.6%
2012 951.947.000 -14.58%
2013 1.108.814.000 14.15%
2014 1.436.935.000 22.83%
2015 1.369.614.000 -4.92%
2016 1.765.405.000 22.42%
2017 1.571.464.000 -12.34%
2018 1.280.183.000 -22.75%
2019 1.181.084.000 -8.39%
2020 1.173.405.000 -0.65%
2021 733.199.000 -60.04%
2022 660.514.000 -11%
2023 557.793.000 -18.42%
2023 591.253.000 5.66%
2024 539.857.000 -9.52%

Siem Offshore Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.43
Net Income per Share
0.65
Price to Earning Ratio
5.17x
Price To Sales Ratio
2.34x
POCF Ratio
6.73
PFCF Ratio
10.72
Price to Book Ratio
1.49
EV to Sales
3.46
EV Over EBITDA
6.81
EV to Operating CashFlow
9.93
EV to FreeCashFlow
15.82
Earnings Yield
0.19
FreeCashFlow Yield
0.09
Market Cap
0,80 Bil.
Enterprise Value
1,19 Bil.
Graham Number
5.75
Graham NetNet
-1.94

Income Statement Metrics

Net Income per Share
0.65
Income Quality
0.77
ROE
0.32
Return On Assets
0.14
Return On Capital Employed
0.19
Net Income per EBT
1.15
EBT Per Ebit
0.86
Ebit per Revenue
0.46
Effective Tax Rate
-0.14

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.81
Operating Profit Margin
0.46
Pretax Profit Margin
0.4
Net Profit Margin
0.45

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.5
Free CashFlow per Share
0.31
Capex to Operating CashFlow
-0.37
Capex to Revenue
-0.13
Capex to Depreciation
-0.64
Return on Invested Capital
0.18
Return on Tangible Assets
0.14
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.19

Balance Sheet

Cash per Share
0,32
Book Value per Share
2,26
Tangible Book Value per Share
2.24
Shareholders Equity per Share
2.26
Interest Debt per Share
2.07
Debt to Equity
0.85
Debt to Assets
0.43
Net Debt to EBITDA
2.19
Current Ratio
0.62
Tangible Asset Value
0,53 Bil.
Net Current Asset Value
-0,38 Bil.
Invested Capital
0.85
Working Capital
-0,10 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,01 Bil.
Average Inventory
2644000
Debt to Market Cap
0.57

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Siem Offshore Inc. Dividends
Year Dividends Growth
2014 0

Siem Offshore Inc. Profile

About Siem Offshore Inc.

Siem Offshore Inc., together with its subsidiaries, owns and operates offshore support vessels for the offshore energy service industry and offshore renewables market. It operates platform supply vessels (PSVs); offshore subsea construction vessels (OSCVs); anchor-handling tug supply vessels (AHTS vessels); multipurpose field and ROV support vessels; scientific core drilling vessels (SCDVs); well intervention vessels (WIVs); and other vessels, including fast crew, fast supply, and oilspill recovery vessels. The company has a fleet of 28 vessels, which includes six PSVs, four OSCVs, eight AHTS vessels, two WIVs, one SCDV, five smaller Brazilian flagged vessels, and one Canadian flagged vessel comprising an AHTS vessel. It operates in Norway, North Sea, Brazil, Australia, Canada, the Arctic Ocean, Northern Pacific Ocean, Southeast Asia, and West Africa. The company was founded in 2005 and is headquartered in Kristiansand, Norway.

CEO
Mr. Bernt Omdal
Employee
1.236
Address
Nodeviga 14
Kristiansand, 4610

Siem Offshore Inc. Executives & BODs

Siem Offshore Inc. Executives & BODs
# Name Age
1 Mr. Andreas Hageli
Chief Commercial Officer
70
2 Mr. Tor Asbjorn Grændsen
HR Director
70
3 Leif Lauvas
Group Accounting Director
70
4 Mr. Bernt Omdal
Chief Executive Officer
70
5 Mr. Vidar Jerstad
Chief Financial Officer
70
6 Mr. Tore Lillesto
Chief Operating Officer
70

Siem Offshore Inc. Competitors

Solstad Offshore ASA Logo
Solstad Offshore ASA

SOFF.OL

(2.0)
Eidesvik Offshore ASA Logo
Eidesvik Offshore ASA

EIOF.OL

(3.0)
Havila Shipping ASA Logo
Havila Shipping ASA

HAVI.OL

(0.8)
PGS ASA Logo
PGS ASA

PGS.OL

(0.8)
Subsea 7 S.A. Logo
Subsea 7 S.A.

SUBC.OL

(2.5)