A

Abl Group ASA
OSE:ABL

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Abl Group ASA
OSE:ABL
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Price: 10.9 NOK -3.11% Market Closed
Market Cap: kr1.5B

P/B

1.7
Current
20%
More Expensive
vs 3-y average of 1.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.7
=
Market Cap
kr1.3B
/
Total Equity
$89.3m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.7
=
Market Cap
kr1.3B
/
Total Equity
$89.3m

Valuation Scenarios

Abl Group ASA is trading above its 3-year average

If P/B returns to its 3-Year Average (1.4), the stock would be worth kr9.06 (17% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-17%
Maximum Upside
No Upside Scenarios
Average Downside
10%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.7 kr10.9
0%
3-Year Average 1.4 kr9.06
-17%
5-Year Average 1.5 kr9.49
-13%
Industry Average 1.5 kr9.73
-11%
Country Average 1.7 kr10.77
-1%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
NO
Abl Group ASA
OSE:ABL
1.5B NOK 1.7 -26.9
US
Schlumberger NV
NYSE:SLB
84B USD 3.2 24.9
US
Baker Hughes Co
NASDAQ:BKR
68B USD 3.6 26.3
US
Halliburton Co
NYSE:HAL
33.7B USD 3.1 21.9
LU
Tenaris SA
MIL:TEN
27B EUR 1.9 16.6
UK
TechnipFMC PLC
NYSE:FTI
30B USD 8.9 31.1
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
134.1B CNY 5.8 47.8
UK
Subsea 7 SA
OSE:SUBC
91.2B NOK 2.2 24
IT
Saipem SpA
MIL:SPM
8.2B EUR 3.2 17.7
FR
Technip Energies NV
PAR:TE
7.1B EUR 3.2 19.4
CN
Sinopec Oilfield Service Corp
SSE:600871
50.2B CNY 5.4 76.2
P/E Multiple
Earnings Growth PEG
NO
A
Abl Group ASA
OSE:ABL
Average P/E: 30.6
Negative Multiple: -26.9
N/A N/A
US
Schlumberger NV
NYSE:SLB
24.9
19%
1.3
US
B
Baker Hughes Co
NASDAQ:BKR
26.3
11%
2.4
US
Halliburton Co
NYSE:HAL
21.9
26%
0.8
LU
Tenaris SA
MIL:TEN
16.6
6%
2.8
UK
TechnipFMC PLC
NYSE:FTI
31.1
19%
1.6
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
47.8
N/A N/A
UK
Subsea 7 SA
OSE:SUBC
24
21%
1.1
IT
Saipem SpA
MIL:SPM
17.7
24%
0.7
FR
Technip Energies NV
PAR:TE
19.4
21%
0.9
CN
Sinopec Oilfield Service Corp
SSE:600871
76.2
N/A N/A

Market Distribution

In line with most companies in Norway
Percentile
50th
Based on 659 companies
50th percentile
1.7
Low
0 — 1.2
Typical Range
1.2 — 3.3
High
3.3 —
Distribution Statistics
Norway
Min 0
30th Percentile 1.2
Median 1.7
70th Percentile 3.3
Max 234.8

Abl Group ASA
Glance View

Market Cap
1.5B NOK
Industry
N/A

ABL Group ASA offers adjusting, marine, engineering, offshore, and renewables consultancy services to the energy, shipping, and insurance industries. The company is headquartered in Oslo, Oslo. The company went IPO on 2014-08-13. ABL Group operates under six brands: ABL, OWC, Innosea, Longitude, East Point Geo and ABL Yachts. ABL Group focuses on the provision of high end consultancy to the global energy, shipping and insurance industries. The services can be categorized across three market sectors: Renewables is engaged in independent engineering and consultancy services to offshore wind industry, Oil & Gas offers engineering and consultancy services to the offshore oil and gas industry and Maritime is involved in worldwide emergency incident response and surveys to marine insurance industry. The firm operates in over 30 countries across Europe, Africa, the Americas, the Middle East, Asia, and Australia.

ABL Intrinsic Value
17.67 NOK
Undervaluation 38%
Intrinsic Value
Price kr10.9
A
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