Reach Subsea ASA REACH

Morningstar Rating
NOK 7.80 +0.30 (4.00%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

REACH is trading at a 277% premium.
Price
NOK 7.46
Fair Value
NOK 59.96
Uncertainty
Very High
1-Star Price
NOK 22.20
5-Star Price
NOK 3.78
Economic Moat
Qtwx
Capital Allocation

Trading Information

Previous Close Price
NOK 7.50
Day Range
NOK 7.507.80
52-Week Range
NOK 4.0310.65
Bid/Ask
NOK 7.40 / NOK 7.94
Market Cap
NOK 2.12 Bil
Volume/Avg
266,716 / 404,243

Key Statistics

Price/Earnings (Normalized)
8.61
Price/Sales
0.88
Dividend Yield (Trailing)
4.80%
Dividend Yield (Forward)
4.80%
Total Yield
4.80%

Company Profile

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Small Core
Total Number of Employees
400

Comparables

Valuation

Metric
REACH
DOFG
SEA1
Price/Earnings (Normalized)
8.610.805.75
Price/Book Value
2.191.300.86
Price/Sales
0.881.171.69
Price/Cash Flow
1.955.444.37
Price/Earnings
REACH
DOFG
SEA1

Financial Strength

Metric
REACH
DOFG
SEA1
Quick Ratio
0.661.380.58
Current Ratio
0.681.851.71
Interest Coverage
3.533.468.45
Quick Ratio
REACH
DOFG
SEA1

Profitability

Metric
REACH
DOFG
SEA1
Return on Assets (Normalized)
8.28%8.65%8.12%
Return on Equity (Normalized)
27.05%24.29%17.08%
Return on Invested Capital (Normalized)
13.44%12.29%11.29%
Return on Assets
REACH
DOFG
SEA1

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