S

Siem Offshore Inc
OSE:SIOFF

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Siem Offshore Inc
OSE:SIOFF
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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 35.85 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
35.85 NOK
Undervaluation 19%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
9
vs Industry
45
Median 3Y
1.9
Median 5Y
1.4
Industry
2
Forward
2
vs History
25
vs Industry
32
Median 3Y
3.8
Median 5Y
3.5
Industry
17.3
Forward
7.4
vs History
22
vs Industry
24
Median 3Y
4.8
Median 5Y
4.3
Industry
10.5
vs History
vs Industry
12
Median 3Y
-15.8
Median 5Y
-18.3
Industry
13.4
vs History
9
vs Industry
38
Median 3Y
1.2
Median 5Y
0
Industry
1.6
vs History
11
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
6.5
vs History
11
vs Industry
25
Median 3Y
5
Median 5Y
3.7
Industry
10.8
vs History
26
vs Industry
20
Median 3Y
8.9
Median 5Y
8.4
Industry
12.9
vs History
11
vs Industry
21
Median 3Y
6
Median 5Y
4.6
Industry
11.2
vs History
15
vs Industry
17
Median 3Y
7.9
Median 5Y
6.5
Industry
12
vs History
11
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
US
Schlumberger NV
NYSE:SLB
49.3B USD 1.4 11.8 6.3 8.8
US
Baker Hughes Co
NASDAQ:BKR
38.9B USD 1.4 13.3 9.6 13.1
LU
Tenaris SA
MIL:TEN
17.7B EUR 1.7 11.5 6.5 8.3
US
Halliburton Co
NYSE:HAL
19B USD 0.8 9 5 6.5
UK
TechnipFMC PLC
NYSE:FTI
14.7B USD 1.6 17.8 9.5 13
FR
Technip Energies NV
PAR:TE
6.4B EUR 0.6 10.9 5.8 5.8
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
42.3B CNY 0.8 11.3 7 7
UK
Subsea 7 SA
OSE:SUBC
58.3B NOK 0.8 29.9 5.5 12.9
IT
Saipem SpA
MIL:SPM
4.7B EUR 0.3 12.2 2.8 5.4
US
ChampionX Corp
NASDAQ:CHX
5.1B USD 1.4 17.4 6.8 10
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
S
Siem Offshore Inc
OSE:SIOFF
Average EV/EBITDA: 6.4
5.4
N/A N/A
US
Schlumberger NV
NYSE:SLB
6.3
3%
2.1
US
B
Baker Hughes Co
NASDAQ:BKR
9.6
6%
1.6
LU
Tenaris SA
MIL:TEN
6.5
-4%
N/A
US
Halliburton Co
NYSE:HAL
5
-1%
N/A
UK
TechnipFMC PLC
NYSE:FTI
9.5
15%
0.6
FR
Technip Energies NV
PAR:TE
5.8
13%
0.4
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
7
19%
0.4
UK
Subsea 7 SA
OSE:SUBC
5.5
15%
0.4
IT
Saipem SpA
MIL:SPM
2.8
13%
0.2
US
ChampionX Corp
NASDAQ:CHX
6.8
1%
6.8