XOSL
SEA1
Market cap700mUSD
Jun 10, Last price
30.65NOK
Name
Siem Offshore Inc
Chart & Performance
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 336,026 22.50% | 274,306 7.79% | |||||||
Cost of revenue | 119,955 | 117,314 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 216,071 | 156,992 | |||||||
NOPBT Margin | 64.30% | 57.23% | |||||||
Operating Taxes | (19,027) | (250) | |||||||
Tax Rate | |||||||||
NOPAT | 235,098 | 157,242 | |||||||
Net income | 174,515 464.83% | 30,897 -71.35% | |||||||
Dividends | |||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
Debt | |||||||||
Debt current | 213,443 | 60,644 | |||||||
Long-term debt | 274,120 | 532,887 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 13,984 | 14,280 | |||||||
Net debt | 396,538 | 498,582 | |||||||
Cash flow | |||||||||
Cash from operating activities | 137,624 | 84,172 | |||||||
CAPEX | (33,492) | (24,923) | |||||||
Cash from investing activities | (24,937) | (24,062) | |||||||
Cash from financing activities | (110,883) | (55,109) | |||||||
FCF | 195,146 | 197,598 | |||||||
Balance | |||||||||
Cash | 91,025 | 94,949 | |||||||
Long term investments | |||||||||
Excess cash | 74,224 | 81,234 | |||||||
Stockholders' equity | 407,542 | 235,149 | |||||||
Invested Capital | 950,790 | 880,780 | |||||||
ROIC | 25.67% | 14.93% | |||||||
ROCE | 21.08% | 16.32% | |||||||
EV | |||||||||
Common stock shares outstanding | 238,852 | 238,852 | |||||||
Price | 27.60 108.46% | 13.24 289.41% | |||||||
Market cap | 6,592,315 108.46% | 3,162,400 532.52% | |||||||
EV | 6,983,768 | 3,657,279 | |||||||
EBITDA | 284,094 | 221,297 | |||||||
EV/EBITDA | 24.58 | 16.53 | |||||||
Interest | 34,209 | 23,370 | |||||||
Interest/NOPBT | 15.83% | 14.89% |