S

Siem Offshore Inc
OSE:SIOFF

Watchlist Manager
Siem Offshore Inc
OSE:SIOFF
Watchlist
Price: 29.2 NOK -0.17% Market Closed
Market Cap: 7B NOK

Relative Value

The Relative Value of one SIOFF stock under the Base Case scenario is 35.91 NOK. Compared to the current market price of 29.2 NOK, Siem Offshore Inc is Undervalued by 19%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SIOFF Relative Value
Base Case
35.91 NOK
Undervaluation 19%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
7
vs Industry
45
Median 3Y
1.9
Median 5Y
1.4
Industry
2
Forward
2
vs History
23
vs Industry
32
Median 3Y
3.8
Median 5Y
3.3
Industry
17.2
Forward
7.4
vs History
20
vs Industry
24
Median 3Y
4.8
Median 5Y
4.1
Industry
10.3
vs History
vs Industry
12
Median 3Y
-15.8
Median 5Y
-21.4
Industry
13.4
vs History
7
vs Industry
38
Median 3Y
1.1
Median 5Y
0
Industry
1.6
vs History
9
vs Industry
43
Median 3Y
2.4
Median 5Y
1.4
Industry
3
Forward
2.5
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.4
vs History
9
vs Industry
25
Median 3Y
5
Median 5Y
3.5
Industry
10.8
vs History
25
vs Industry
20
Median 3Y
8.9
Median 5Y
8.3
Industry
12.9
vs History
9
vs Industry
21
Median 3Y
6
Median 5Y
4.3
Industry
11.1
vs History
14
vs Industry
17
Median 3Y
7.9
Median 5Y
6.4
Industry
11.8
vs History
9
vs Industry
44
Median 3Y
0.8
Median 5Y
0
Industry
1.5

Multiples Across Competitors

SIOFF Competitors Multiples
Siem Offshore Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Siem Offshore Inc
OSE:SIOFF
7B NOK 2.1 4 5.4 9.2
MY
Carimin Petroleum Bhd
KLSE:CARIMIN
657.9B MYR 2 668.2 25 034.2 14 996.4 19 301.2
US
Schlumberger NV
NYSE:SLB
48.7B USD 1.4 11.6 6.2 8.7
US
Baker Hughes Co
NASDAQ:BKR
38.6B USD 1.4 13.2 9.6 13
LU
Tenaris SA
MIL:TEN
16.9B EUR 1.6 10.8 6 7.7
US
Halliburton Co
NYSE:HAL
19.2B USD 0.9 9.1 5.1 6.6
UK
TechnipFMC PLC
NYSE:FTI
14.7B USD 1.6 17.8 9.5 13
FR
Technip Energies NV
PAR:TE
6B EUR 0.6 10.3 5.3 5.3
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
42.5B CNY 0.8 11.3 7.1 7.1
UK
Subsea 7 SA
OSE:SUBC
56.2B NOK 0.8 28.8 5.3 12.4
IT
Saipem SpA
MIL:SPM
4.7B EUR 0.3 12.2 2.8 5.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
S
Siem Offshore Inc
OSE:SIOFF
Average EV/EBITDA: 1 369
5.4
N/A N/A
MY
C
Carimin Petroleum Bhd
KLSE:CARIMIN
14 996.4
N/A N/A
US
Schlumberger NV
NYSE:SLB
6.2
3%
2.1
US
B
Baker Hughes Co
NASDAQ:BKR
9.6
6%
1.6
LU
Tenaris SA
MIL:TEN
6
-4%
N/A
US
Halliburton Co
NYSE:HAL
5.1
-1%
N/A
UK
TechnipFMC PLC
NYSE:FTI
9.5
15%
0.6
FR
Technip Energies NV
PAR:TE
5.3
13%
0.4
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
7.1
19%
0.4
UK
Subsea 7 SA
OSE:SUBC
5.3
15%
0.4
IT
Saipem SpA
MIL:SPM
2.8
13%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
S
Siem Offshore Inc
OSE:SIOFF
Average EV/EBIT: 1 762.7
9.2
N/A N/A
MY
C
Carimin Petroleum Bhd
KLSE:CARIMIN
19 301.2
N/A N/A
US
Schlumberger NV
NYSE:SLB
8.7
5%
1.7
US
B
Baker Hughes Co
NASDAQ:BKR
13
7%
1.9
LU
Tenaris SA
MIL:TEN
7.7
-5%
N/A
US
Halliburton Co
NYSE:HAL
6.6
-2%
N/A
UK
TechnipFMC PLC
NYSE:FTI
13
19%
0.7
FR
Technip Energies NV
PAR:TE
5.3
14%
0.4
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
7.1
11%
0.6
UK
Subsea 7 SA
OSE:SUBC
12.4
28%
0.4
IT
Saipem SpA
MIL:SPM
5.4
19%
0.3