PGS ASA
OSE:PGS

Watchlist Manager
PGS ASA Logo
PGS ASA
OSE:PGS
Watchlist
Price: 9.022 NOK Market Closed
Market Cap: 8.6B NOK
Have any thoughts about
PGS ASA?
Write Note

Relative Value

The Relative Value of one PGS stock under the Base Case scenario is 22.869 NOK. Compared to the current market price of 9.022 NOK, PGS ASA is Undervalued by 61%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PGS Relative Value
Base Case
22.869 NOK
Undervaluation 61%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
20
vs Industry
59
Median 3Y
0.9
Median 5Y
0.6
Industry
2.2
Forward
0.8
vs History
9
vs Industry
21
Median 3Y
-3
Median 5Y
-1.1
Industry
16.6
Forward
13.5
vs History
23
vs Industry
25
Median 3Y
1.6
Median 5Y
1.2
Industry
10.4
vs History
vs Industry
12
Median 3Y
-3
Median 5Y
-2.3
Industry
13.7
vs History
23
vs Industry
31
Median 3Y
1.4
Median 5Y
1.1
Industry
1.6
vs History
47
vs Industry
55
Median 3Y
1.5
Median 5Y
1.5
Industry
3.2
Forward
1.3
vs History
42
vs Industry
60
Median 3Y
2.5
Median 5Y
2.4
Industry
7.1
vs History
41
vs Industry
26
Median 3Y
2.6
Median 5Y
2.6
Industry
11.3
Forward
2.3
vs History
60
vs Industry
19
Median 3Y
8.8
Median 5Y
8.7
Industry
13.2
Forward
6.9
vs History
63
vs Industry
24
Median 3Y
2.8
Median 5Y
2.8
Industry
11.1
vs History
38
vs Industry
16
Median 3Y
6.8
Median 5Y
6.8
Industry
12.2
vs History
20
vs Industry
53
Median 3Y
0.8
Median 5Y
0.7
Industry
1.5

Multiples Across Competitors

PGS Competitors Multiples
PGS ASA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
PGS ASA
OSE:PGS
8.6B NOK 1 18 2.6 8.2
US
Schlumberger NV
NYSE:SLB
52.6B USD 1.5 11.7 6.9 9.7
US
Baker Hughes Co
NASDAQ:BKR
39.7B USD 1.5 17.7 9.8 13.2
US
Halliburton Co
NYSE:HAL
23B USD 1 9 5.6 7
LU
Tenaris SA
MIL:TEN
19.9B EUR 1.6 7.8 5.2 6.4
UK
TechnipFMC PLC
NYSE:FTI
12.2B USD 1.4 18.1 9.3 13.1
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
42.3B CNY 0.8 11.7 8.7 8.7
US
Nov Inc
NYSE:NOV
5.6B USD 0.6 5.3 5.5 7.7
IT
Saipem SpA
MIL:SPM
4.9B EUR 0.4 19 4.3 8.7
US
Weatherford International PLC
NASDAQ:WFRD
4.9B USD 0.9 9.2 4.4 5.9
US
ChampionX Corp
NASDAQ:CHX
5B USD 1.4 15.9 7.2 10.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NO
PGS ASA
OSE:PGS
Average EV/EBITDA: 6.3
2.6
45%
0.1
US
Schlumberger NV
NYSE:SLB
6.9
34%
0.2
US
B
Baker Hughes Co
NASDAQ:BKR
9.8
46%
0.2
US
Halliburton Co
NYSE:HAL
5.6
9%
0.6
LU
Tenaris SA
MIL:TEN
5.2
-38%
N/A
UK
TechnipFMC PLC
NYSE:FTI
9.3
114%
0.1
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
8.7
103%
0.1
US
Nov Inc
NYSE:NOV
5.5
35%
0.2
IT
Saipem SpA
MIL:SPM
4.3
95%
0
US
Weatherford International PLC
NASDAQ:WFRD
4.4
29%
0.2
US
ChampionX Corp
NASDAQ:CHX
7.2
14%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
PGS ASA
OSE:PGS
Average EV/EBIT: 9
8.2
155%
0.1
US
Schlumberger NV
NYSE:SLB
9.7
43%
0.2
US
B
Baker Hughes Co
NASDAQ:BKR
13.2
61%
0.2
US
Halliburton Co
NYSE:HAL
7
9%
0.8
LU
Tenaris SA
MIL:TEN
6.4
-44%
N/A
UK
TechnipFMC PLC
NYSE:FTI
13.1
191%
0.1
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
8.7
47%
0.2
US
Nov Inc
NYSE:NOV
7.7
50%
0.2
IT
Saipem SpA
MIL:SPM
8.7
136%
0.1
US
Weatherford International PLC
NASDAQ:WFRD
5.9
45%
0.1
US
ChampionX Corp
NASDAQ:CHX
10.7
23%
0.5

See Also

Discover More
Back to Top