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Eidesvik Offshore ASA (OSL:EIOF) Intrinsic Value: Projected FCF : kr21.41 (As of May. 14, 2024)


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What is Eidesvik Offshore ASA Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-14), Eidesvik Offshore ASA's Intrinsic Value: Projected FCF is kr21.41. The stock price of Eidesvik Offshore ASA is kr16.26. Therefore, Eidesvik Offshore ASA's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.

The historical rank and industry rank for Eidesvik Offshore ASA's Intrinsic Value: Projected FCF or its related term are showing as below:

OSL:EIOF' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.11   Med: 0.17   Max: 0.76
Current: 0.76

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Eidesvik Offshore ASA was 0.76. The lowest was 0.11. And the median was 0.17.

OSL:EIOF's Price-to-Projected-FCF is ranked better than
55.64% of 674 companies
in the Oil & Gas industry
Industry Median: 0.825 vs OSL:EIOF: 0.76

Eidesvik Offshore ASA Intrinsic Value: Projected FCF Historical Data

The historical data trend for Eidesvik Offshore ASA's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eidesvik Offshore ASA Intrinsic Value: Projected FCF Chart

Eidesvik Offshore ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.13 19.54 32.19 29.22 21.41

Eidesvik Offshore ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.22 20.52 17.59 19.29 21.41

Competitive Comparison of Eidesvik Offshore ASA's Intrinsic Value: Projected FCF

For the Oil & Gas Equipment & Services subindustry, Eidesvik Offshore ASA's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eidesvik Offshore ASA's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eidesvik Offshore ASA's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Eidesvik Offshore ASA's Price-to-Projected-FCF falls into.



Eidesvik Offshore ASA Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Eidesvik Offshore ASA's Free Cash Flow(6 year avg) = kr37.87.

Eidesvik Offshore ASA's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec23)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*37.86864+1502.801*0.8)/72.983
=21.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eidesvik Offshore ASA  (OSL:EIOF) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Eidesvik Offshore ASA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=16.26/21.412706620186
=0.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eidesvik Offshore ASA Intrinsic Value: Projected FCF Related Terms

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Eidesvik Offshore ASA (OSL:EIOF) Business Description

Industry
Traded in Other Exchanges
Address
Vestvikvegen 1, Bomlo, NOR, NO-5443
Eidesvik Offshore ASA is a Norway based shipping company engaged in offering services in the maritime sector. The group operates ships in the business areas of Seismic, Subsea, Supply and Other. The Seismic segment provides shipping services to customers that produce seismic data. The ships belonging to Seismic segment operates all over the world according to customer needs. The Subsea segment provides shipping services for subsea work for the oil industry and its ships are adapted for work such as underwater inspection, maintenance, and construction. The Supply segment supplies services to the oil industry offshore.

Eidesvik Offshore ASA (OSL:EIOF) Headlines

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