Odfjell B (ODFB) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Odfjell B stock NOK 142, price NOK 114, upside +25.0%, quality 64 out of 100. Rating: undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range kr 15.95 – kr 133.87 · fair‑value band kr 95.57 – kr 191.14 · the kr 113.80 price screens below the kr 142.25 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Odfjell SE engages in the provision of services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in Norway. It operates through Chemical Tankers and Tank Terminals segments.
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The company owns and operates chemical tankers that offer global and regional transportation; and tank terminals, which provide storage of various chemicals and petroleum products.
As of April 10, 2026, it operates chemical tanker fleet of 72 vessels, including 38 owned, 9 bareboat, 22 time chartered, and 3 pool vessels. The company's terminal network consists of 311 tanks with 464,460 cubic meters of storage capacity.
It operates in the United States, Brazil, North America, South America, the Netherlands, Saudi Arabia, South Africa, Europe, China, the Middle East, Asia, and Africa. Odfjell SE was incorporated in 1914 and is headquartered in Bergen, Norway.
Stock analysis
Odfjell B (ODFB) currently trades at kr 113.80, while our model-based Fair Value estimate is kr 142.25, implying the stock looks roughly 20% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of kr 328.08 per share, and 22 of the 24 models we run sit above the kr 113.80 price.
Bear case: the Asset-Based group reads lowest at kr 79.46, and 2 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 95.57 (bear) to kr 191.14 (bull), the price of kr 113.80 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 64/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Odfjell B reported revenue of $1.1B in FY2025 versus $1.0B in FY2021, a compound +1.8%/yr. Reported net income was $155M in FY2025.
Key figures
Market cap 9.0B NOK (≈ $954M) Small · P/E ratio 5.7 · P/S ratio 0.79 · EPS (TTM) kr 20.08 · Dividend yield 8.5% · Net margin 13.9% · Return on equity 16.8% · Return on assets (EBIT) 11.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 62 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 18% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at 25%, ODFB screens cheaper than that median.
Fair Value models
Bearkr 95.57Fair Value kr 142.25Bullkr 191.14
Price kr 113.80 · Upside +25.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 8.96 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCFkr 157.28kr 217.90kr 306.8578
Growth DCFkr 162.11kr 219.07kr 297.6377
Owner Earningskr 177.38kr 243.89kr 341.4975
All 24 models by family
DCF Models
FCF DCFkr 157.28kr 217.90kr 306.8578
Owner Earningskr 177.38kr 243.89kr 341.4975
5Y Revenue Exitkr 127.81kr 198.27kr 291.8970
5Y EBITDA Exitkr 257.25kr 421.22kr 620.0872
5Y P/E Exitkr 183.76kr 294.64kr 414.8268
10Y Revenue Exitkr 134.98kr 195.17kr 264.0165
10Y EBITDA Exitkr 211.95kr 330.59kr 469.3166
10Y P/E Exitkr 170.46kr 253.71kr 340.9162
Earnings-Based
Graham-Doddkr 126.18kr 238.40kr 296.6164
EPVkr 143.51kr 169.86kr 191.8274
Dividend Discount
Gordon GGMkr 92.51kr 119.68kr 144.5967
DDM Multi-Stagekr 92.51kr 121.16kr 150.9665
Multiples
P/E Multiplekr 292.24kr 389.66kr 487.0763
P/S Multiplekr 199.87kr 266.49kr 333.1158
P/B Multiplekr 42.43kr 56.57kr 70.7255
EV/EBITkr 275.77kr 389.82kr 503.8765
EV/EBITDAkr 373.44kr 520.05kr 666.6767
EV/Revenuekr 101.49kr 173.45kr 245.4052
Asset-Based
NCAV (Graham)kr 59.30kr 79.46kr 118.6054
Growth DCF
Growth DCFkr 162.11kr 219.07kr 297.6377
Rev-Margin DCFkr 127.81kr 202.36kr 288.9670
Economic Profit
Residual Incomekr 113.85kr 134.94kr 172.4274
ROIC Compounderkr 145.28kr 176.83kr 207.6070
Growth Earnings
Growth-Adj P/Ekr 208.83kr 298.33kr 387.8365
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−10.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.5%
Start year 2020 (pandemic). Over 10 years: +1.8% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.5%
’14
’15
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’17
’18
’19
’20
’21
’22
’23
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’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
≈ +49.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +40.9%
Dividend (yield on the price)8.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 40.9% / 4.4%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 20%
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 0.35 per share, median 1.15 in 2016 to 2018). It measures the recovery from the trough, not lasting growth.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−5.0%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −7.2% a year for the price and +1.5% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Marine Shipping · 220 stocks
Beats the industry median on 13/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score64 · Top 25%
Fair Value upside+25.0% · Above median
Profitability
Return on equity (12 months)16.8% · Top 25%
Return on assets7.6% · Above median
Net margin (12 months)14.4% · Above median
Operating margin (12 months)20.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)19.6% · Above median
Dividend yield (12 months)8.5% · Top 25%
Balance sheet
Debt / equity0.57× · Highest 25%
Valuation Multiplesvs Marine Shipping median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Odfjell B Fair Value". https://www.fairvalue-calculator.com/stock/ODFB
Frequently asked questions
Is Odfjell B (ODFB) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of kr 142.25 versus a price of kr 113.80, about +25% upside (undervalued).
What is the fair value of ODFB?
Our model-based fair value for Odfjell B is kr 142.25 (as of Nov 7, 2026), built from audited fundamentals. The current price: kr 113.80.
What is the quality score of ODFB?
Odfjell B has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Odfjell B (ODFB)?
Our model-based price target is the fair value of kr 142.25 (as of Nov 7, 2026) from 24 valuation models. Cautious scenario kr 95.57, optimistic scenario kr 191.14. It is a calculation from audited fundamentals, not an analyst target.
What is the Odfjell B stock forecast for 2026?
Our models put fair value at kr 142.25, about +25% upside versus a price of kr 113.80 (undervalued). Cautious scenario kr 95.57, optimistic scenario kr 191.14. The calculation is refreshed regularly with new filings.
What is the revenue of Odfjell B (ODFB)?
Odfjell B reported trailing-twelve-month revenue of about $1.2B (latest available figure, as of Nov 7, 2026).
Does Odfjell B pay a dividend?
Odfjell B currently shows a dividend yield of 8.46% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Odfjell B (ODFB) and when is the ex-dividend date?
Odfjell B pays a dividend of kr 9.63 per share a year, a dividend yield of 8.5%. The last ex-dividend date was Aug 26, 2026. A dividend has been paid every year since 2022. The payout ratio is 64.2% of earnings. Free cash flow covers the dividend 1.94 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Odfjell B (ODFB)?
For today's price to be fair in a discounted-cash-flow model, Odfjell B would have to grow free cash flow by -5.0 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.5 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of ODFB use?
Our models discount Odfjell B at 11.0 %: a base by market capitalisation (small), country premium for Norway. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Odfjell B that is -5.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Odfjell B (ODFB) delivered so far?
Over the past 5 years revenue at Odfjell B grew +3.5 % a year. The price currently implies free-cash-flow growth of -5.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Odfjell B (ODFB) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Odfjell B (-5.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Odfjell B (ODFB)?
The free-cash-flow yield on the price is 20.29 %: that much free cash flow Odfjell B produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Odfjell B (ODFB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Odfjell B it is kr 142.25 per share (as of Nov 7, 2026), against a price of kr 113.80. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Odfjell B stock overvalued or undervalued in 2026?
As of Nov 7, 2026, ODFB trades below its calculated fair value: price kr 113.80, fair value kr 142.25, a gap of about +25% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ODFB?
No. The price is what the market pays today (kr 113.80); the fair value is what the company's own numbers justify (kr 142.25). For Odfjell B the two are kr 28.45 per share apart. That gap is exactly why we show both numbers side by side.
How much is Odfjell B worth?
The market values Odfjell B at about 9.0B NOK (market capitalisation, as of Nov 7, 2026). Per share that is kr 113.80; our models calculate a fair value of kr 142.25 per share.
What do the bullish and bearish scenarios say about ODFB?
Our models span a range for Odfjell B: cautious scenario kr 95.57, base kr 142.25, optimistic kr 191.14 per share (as of Nov 7, 2026, price kr 113.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ODFB?
Odfjell B trades at a price-to-earnings ratio of 5.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 142.25 is built from several models across several years. Other multiples: PEG 2.8, P/B 1.0, P/S 0.8, EV/EBITDA 4.4.
What is the PEG ratio of ODFB?
The PEG ratio of Odfjell B is 2.84 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Odfjell B (ODFB)?
Balance-sheet figures for Odfjell B (as of Nov 7, 2026): return on equity 16.8%, debt of 0.57 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is ODFB from its 52-week high?
Odfjell B trades at kr 113.80, about 14% below its 52-week high of kr 133.00 and 18% above the low of kr 96.67 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 142.25 is for.
Which stocks are comparable to Odfjell B?
From the same area (Industrials) we also value Adani Ports and Special Economic Zone Limited, COSCO SHIPPING Holdings, Hapag-Lloyd Aktiengesellschaft,, Shanghai International Port (Group) Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Odfjell B stock attractive at the current price?
The data as of Nov 7, 2026: price kr 113.80, calculated fair value kr 142.25 (+25%), Quality Score 64/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ODFB calculated?
We run Odfjell B through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of kr 142.25 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Odfjell B currently trades 20% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Odfjell B (ODFB)?
The closing price on Nov 6, 2026 was kr 113.80. Our model-based fair value is kr 142.25, about +25% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Odfjell B right now?
Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (kr 95.57 to kr 191.14) leaves room in how you read the outcome.
Key figures of Odfjell B
How large is the market capitalisation of Odfjell B (ODFB)?
The market capitalisation of Odfjell B is 9.0B NOK (≈ $954M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Odfjell B (ODFB)?
The price-to-sales ratio of Odfjell B is 0.79 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Odfjell B (ODFB)?
Earnings per share at Odfjell B are kr 20.08 (price ÷ EPS = P/E 5.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Odfjell B (ODFB)?
The dividend yield of Odfjell B is 8.5% (payout 48.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Odfjell B (ODFB)?
The net margin of Odfjell B is 13.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Odfjell B (ODFB)?
The return on equity (ROE) of Odfjell B is 16.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Odfjell B (ODFB)?
On an EBIT basis the return on assets of Odfjell B is 11.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Odfjell B (ODFB)?
The operating margin of Odfjell B is 20.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Odfjell B (ODFB)?
Revenue at Odfjell B is growing +19.6% versus a year earlier (3y avg −5.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Odfjell B (ODFB)?
Earnings per share at Odfjell B are growing +33.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Odfjell B (ODFB) carry?
The net debt of Odfjell B is $556M (fiscal year 2025, ≈ 2.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026