Ratings PGS ASA

Equities

PGS

NO0010199151

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-05-03 am EDT			5-day change	1st Jan Change
8.146 ^NOK	-2.00%		-7.22%	-4.90%

Apr. 18	Norwegian Antitrust Regulator Greenlights TGS-PGS Merger	MT
Apr. 12	UK Competition Watchdog to Probe TGS-PGS Merger	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

The company's profit outlook over the next few years is a strong asset.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Its low valuation, with P/E ratio at 104.69 and 92.26 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company's share price in relation to its net book value makes it look relatively cheap.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Over the past twelve months, analysts' opinions have been strongly revised upwards.

Weaknesses

Revenue estimates are regularly revised downwards for the current and coming years.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
Over the past four months, analysts' average price target has been revised downwards significantly.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil Related Services and Equipment

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
PGS ASA	-4.90%	717M		B+
PULSE SEISMIC INC.	+15.59%	81.69M	-	-
POLYARD PETROLEUM INTERNATIONAL GROUP LIMITED	-.--%	78.1M	-	-
PT ATLANTIS SUBSEA INDONESIA TBK	0.00%	61.39M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes