Reach Subsea ASA (OSL: REACH)

Reach Subsea ASA Statistics

Total Valuation

Reach Subsea ASA has a market cap or net worth of NOK 2.57 billion. The enterprise value is 3.99 billion.

Market Cap	2.57B
Enterprise Value	3.99B

Important Dates

The last earnings date was Tuesday, November 12, 2024.

Earnings Date	Nov 12, 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 62.15% in one year.

Current Share Class	n/a
Shares Outstanding	271.77M
Shares Change (YoY)	+62.15%
Shares Change (QoQ)	-47.30%
Owned by Insiders (%)	3.58%
Owned by Institutions (%)	9.07%
Float	80.44M

Valuation Ratios

The trailing PE ratio is 10.23 and the forward PE ratio is 8.04.

PE Ratio	10.23
Forward PE	8.04
PS Ratio	1.00
PB Ratio	2.50
P/TBV Ratio	n/a
P/FCF Ratio	3.35
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.70, with an EV/FCF ratio of 5.21.

EV / Earnings	16.54
EV / Sales	1.61
EV / EBITDA	3.70
EV / EBIT	11.10
EV / FCF	5.21

Financial Position

The company has a current ratio of 0.73, with a Debt / Equity ratio of 1.64.

Current Ratio	0.73
Quick Ratio	0.70
Debt / Equity	1.64
Debt / EBITDA	1.60
Debt / FCF	2.20
Interest Coverage	2.92

Financial Efficiency

Return on equity (ROE) is 26.08% and return on invested capital (ROIC) is 8.54%.

Return on Equity (ROE)	26.08%
Return on Assets (ROA)	6.97%
Return on Capital (ROIC)	8.54%
Revenue Per Employee	6.19M
Profits Per Employee	603,313
Employee Count	342
Asset Turnover	0.83
Inventory Turnover	21.92

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +111.42% in the last 52 weeks. The beta is 1.00, so Reach Subsea ASA's price volatility has been similar to the market average.

Beta (5Y)	1.00
52-Week Price Change	+111.42%
50-Day Moving Average	8.53
200-Day Moving Average	7.35
Relative Strength Index (RSI)	61.39
Average Volume (20 Days)	331,294

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 2.48 billion and earned 241.33 million in profits. Earnings per share was 0.92.

Revenue	2.48B
Gross Profit	1.87B
Operating Income	333.57M
Pretax Income	298.16M
Net Income	241.33M
EBITDA	398.24M
EBIT	333.57M
Earnings Per Share (EPS)	0.92

Balance Sheet

The company has 259.18 million in cash and 1.69 billion in debt, giving a net cash position of -1.43 billion or -5.25 per share.

Cash & Cash Equivalents	259.18M
Total Debt	1.69B
Net Cash	-1.43B
Net Cash Per Share	-5.25
Equity (Book Value)	1.03B
Book Value Per Share	3.78
Working Capital	-386.03M

Cash Flow

In the last 12 months, operating cash flow was 1.04 billion and capital expenditures -272.94 million, giving a free cash flow of 765.65 million.

Operating Cash Flow	1.04B
Capital Expenditures	-272.94M
Free Cash Flow	765.65M
FCF Per Share	2.82

Margins

Gross margin is 75.30%, with operating and profit margins of 13.47% and 9.74%.

Gross Margin	75.30%
Operating Margin	13.47%
Pretax Margin	12.04%
Profit Margin	9.74%
EBITDA Margin	16.08%
EBIT Margin	13.47%
FCF Margin	30.91%

Dividends & Yields

This stock pays an annual dividend of 0.36, which amounts to a dividend yield of 3.94%.

Dividend Per Share	0.36
Dividend Yield	3.94%
Dividend Growth (YoY)	100.00%
Years of Dividend Growth	n/a
Payout Ratio	40.54%
Buyback Yield	-62.15%
Shareholder Yield	-58.21%
Earnings Yield	9.77%
FCF Yield	29.84%

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

Scores

Reach Subsea ASA has an Altman Z-Score of 1.49. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.49
Piotroski F-Score	n/a