G

Golden Energy Offshore Services AS
OSE:GEOS

Watchlist Manager
Golden Energy Offshore Services AS
OSE:GEOS
Watchlist
Price: 8.7 NOK 2.35% Market Closed
Market Cap: kr615.2m

EV/EBIT

10.2
Current
30%
Cheaper
vs 3-y average of 14.5

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
10.2
=
Enterprise Value
kr1.3B
/
EBIT
kr131m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
10.2
=
Enterprise Value
kr1.3B
/
EBIT
kr131m

Valuation Scenarios

Golden Energy Offshore Services AS is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (14.5), the stock would be worth kr12.39 (42% upside from current price).

Statistics
Positive Scenarios
2/3
Maximum Downside
-96%
Maximum Upside
+42%
Average Downside
7%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 10.2 kr8.7
0%
3-Year Average 14.5 kr12.39
+42%
Industry Average 0.4 kr0.31
-96%
Country Average 13.4 kr11.45
+32%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
kr1.3B
/
Jul 2025
kr131m
=
10.2
Current
kr1.3B
/
Dec 2025
kr37.7m
=
35.5
Forward
kr1.3B
/
Dec 2026
kr39.3m
=
34.1
Forward
kr1.3B
/
Dec 2027
kr102.5m
=
13.1
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
NO
Golden Energy Offshore Services AS
OSE:GEOS
615.2m NOK 10.2 -7.2
CA
Enbridge Inc
TSX:ENB
154.6B CAD 22.6 22.2
US
Williams Companies Inc
NYSE:WMB
87.6B USD 26.2 33.5
US
Enterprise Products Partners LP
NYSE:EPD
81.8B USD 16.4 14.2
US
Kinder Morgan Inc
NYSE:KMI
70.6B USD 21.4 23.2
US
Energy Transfer LP
NYSE:ET
65.9B USD 14.3 15.8
CA
TC Energy Corp
TSX:TRP
85.5B CAD 21.3 25.5
US
MPLX LP
NYSE:MPLX
56.7B USD 13.2 11.6
US
ONEOK Inc
NYSE:OKE
54.9B USD 14.8 16.2
US
Cheniere Energy Inc
NYSE:LNG
54.1B USD 8.4 10.1
US
Targa Resources Corp
NYSE:TRGP
51.5B USD 20.4 28

Market Distribution

In line with most companies in Norway
Percentile
43nd
Based on 487 companies
43nd percentile
10.2
Low
0.2 — 3.6
Typical Range
3.6 — 22.2
High
22.2 —
Distribution Statistics
Norway
Min 0.2
30th Percentile 3.6
Median 13.4
70th Percentile 22.2
Max 40 612.5

Golden Energy Offshore Services AS
Glance View

Market Cap
615.2m NOK
Industry
Energy

Golden Energy Offshore Services AS engages in owning and chartering offshore vessels to oil companies. The company is headquartered in Alesund, More Og Romsdal. The company went IPO on 2018-04-05. The company is functioning as a holding company and operates through 4 subsidiaries that are active in the shipping business area. Its main activity is to own and charter out its wholly owned offshore vessels to international oil companies. The firm owns a fleet that can be used within the Oil & Gas and Renewable offshore industry. The fleet includes Energy Duchess, a Multi-Purpose Support Vessel (MPSV), Energy Empress, which is a Multi-Purpose Support Vessel (MPSV), as well as Energy Swan and Energy Scout, which are Platform Supply Vessels (PSVs). Golden Energy Offshore Services' subsidiaries include Energy Empress AS, Energy Scout AS and Energy Duchess AS.

GEOS Intrinsic Value
6.66 NOK
Overvaluation 23%
Intrinsic Value
Price kr8.7
G
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett