Reach Subsea ASA (OSL: REACH)

Reach Subsea ASA Statistics

Total Valuation

Reach Subsea ASA has a market cap or net worth of NOK 2.13 billion. The enterprise value is 3.70 billion.

Market Cap	2.13B
Enterprise Value	3.70B

Important Dates

The last earnings date was Wednesday, August 28, 2024.

Earnings Date	Aug 28, 2024
Ex-Dividend Date	Jun 3, 2024

Share Statistics

Reach Subsea ASA has 271.77 million shares outstanding. The number of shares has increased by 36.01% in one year.

Shares Outstanding	271.77M
Shares Change (YoY)	+36.01%
Shares Change (QoQ)	+37.48%
Owned by Insiders (%)	4.20%
Owned by Institutions (%)	9.53%
Float	73.61M

Valuation Ratios

The trailing PE ratio is 9.47 and the forward PE ratio is 8.21.

PE Ratio	9.47
Forward PE	8.21
PS Ratio	0.91
PB Ratio	2.29
P/FCF Ratio	2.93
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.57, with an EV/FCF ratio of 5.08.

EV / Earnings	16.29
EV / Sales	1.61
EV / EBITDA	3.57
EV / EBIT	11.01
EV / FCF	5.08

Financial Position

The company has a current ratio of 0.68, with a Debt / Equity ratio of 192.02.

Current Ratio	0.68
Quick Ratio	0.66
Debt / Equity	192.02
Debt / EBITDA	1.77
Debt / FCF	2.45
Interest Coverage	2.93

Financial Efficiency

Return on equity (ROE) is 27.09% and return on invested capital (ROIC) is 8.11%.

Return on Equity (ROE)	27.09%
Return on Assets (ROA)	6.78%
Return on Capital (ROIC)	8.11%
Revenue Per Employee	5.73M
Profits Per Employee	567,400
Employee Count	342
Asset Turnover	0.80
Inventory Turnover	17.49

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +74.61% in the last 52 weeks. The beta is 1.02, so Reach Subsea ASA's price volatility has been similar to the market average.

Beta (5Y)	1.02
52-Week Price Change	+74.61%
50-Day Moving Average	8.77
200-Day Moving Average	6.17
Relative Strength Index (RSI)	37.30
Average Volume (20 Days)	426,477

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Reach Subsea ASA had revenue of NOK 2.29 billion and earned 226.96 million in profits. Earnings per share was 0.83.

Revenue	2.29B
Gross Profit	1.78B
Operating Income	311.85M
Pretax Income	275.46M
Net Income	226.96M
EBITDA	363.72M
EBIT	311.85M
Earnings Per Share (EPS)	0.83

Balance Sheet

The company has 221.51 million in cash and 1.79 billion in debt, giving a net cash position of -1.57 billion or -5.76 per share.

Cash & Cash Equivalents	221.51M
Total Debt	1.79B
Net Cash	-1.57B
Net Cash Per Share	-5.76
Equity (Book Value)	930.75M
Book Value Per Share	3.42
Working Capital	-397.12M

Cash Flow

In the last 12 months, operating cash flow was 998.18 million and capital expenditures -270.18 million, giving a free cash flow of 728.00 million.

Operating Cash Flow	998.18M
Capital Expenditures	-270.18M
Free Cash Flow	728.00M
FCF Per Share	2.68

Margins

Gross margin is 77.59%, with operating and profit margins of 13.59% and 9.89%.

Gross Margin	77.59%
Operating Margin	13.59%
Pretax Margin	12.01%
Profit Margin	9.89%
EBITDA Margin	15.86%
EBIT Margin	13.59%
FCF Margin	31.74%

Dividends & Yields

This stock pays an annual dividend of 0.36, which amounts to a dividend yield of 4.59%.

Dividend Per Share	0.36
Dividend Yield	4.59%
Dividend Growth (YoY)	100.00%
Years of Dividend Growth	n/a
Payout Ratio	43.11%
Buyback Yield	-36.01%
Shareholder Yield	-31.42%
Earnings Yield	10.56%
FCF Yield	34.17%

Stock Splits

The last stock split was on December 6, 2012. It was a reverse split with a ratio of 0.05.

Last Split Date	Dec 6, 2012
Split Type	Reverse
Split Ratio	0.05