Eidesvik Offshore ASA (EIOF) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Eidesvik Offshore ASA NOK 12.91, price NOK 17.20, upside -24.9%, quality 39 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Eidesvik Offshore ASA for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range kr 3.22 – kr 18.72 · fair‑value band kr 9.81 – kr 13.25 · the kr 17.20 price screens above the kr 12.91 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Eidesvik Offshore in your weekly email
Every Wednesday you see whether Eidesvik Offshore is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Eidesvik Offshore ASA provides services to the offshore supply, subsea, and offshore wind market in Norway. The company operates through Supply, Subsea/Offshore Renewables, and Other segments. It offers services to the offshore oil industry.
Show more
Eidesvik Offshore ASA provides services to the offshore supply, subsea, and offshore wind market in Norway. The company operates through Supply, Subsea/Offshore Renewables, and Other segments. It offers services to the offshore oil industry. The company also provides shipping services for subsea work for the oil industry, as well as various services for the offshore renewable market. In addition, it is involved in the provision of cargo supply of pipes between onshore bases and offshore oilfields; owns and operates a fleet of subsea construction vessels; and construction and module handling, inspections, and maintenance and repair of subsea installation. The company was founded in 2004 and is headquartered in Bømlo, Norway. Eidesvik Offshore ASA is a subsidiary of Eidesvik Invest AS.
Stock analysis
Eidesvik Offshore ASA (EIOF) currently trades at kr 17.20, while our model-based Fair Value estimate is kr 12.91, implying the stock looks roughly 33.2% overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of kr 14.81 per share, and 0 of the 10 models we run sit above the kr 17.20 price.
Bear case: the Multiples group reads lowest at kr 9.42, and 10 of the 10 models stay below the price. Evidence for this calculation is medium.
Scenario range: kr 9.81 (bear) to kr 13.25 (bull), the price of kr 17.20 sits above 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 39/100 (below-average quality), in the Energy sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Eidesvik Offshore ASA reported revenue of 785M NOK in FY2025 versus 569M NOK in FY2021, a compound +8.4%/yr. Reported net income was 68.2M NOK in FY2025, compounding +22.1%/yr from FY2021.
Key figures
Market cap 1.3B NOK (≈ $132M) · P/E ratio 22.9 · P/S ratio 1.99 · EPS (TTM) kr 0.7500 · Dividend yield 1.2% · Net margin 8.7% · Return on equity 6.1% · Return on assets (EBIT) 11.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 42% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Energy peers we cover trades at −23% fair-value upside, at −25%, EIOF screens richer than that median.
Fair Value models
Bear kr 9.81Fair Value kr 12.91Bull kr 13.25
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (kr 0.4038 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.Evidence ⓘEvidence = 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.
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
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+3.4%
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.
+7.3%
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.
+9.0%
Start year 2020 (pandemic). Over 10 years: −3.5% a year
Revenue growth 23 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.
+1.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’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.
+14.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.6%
Dividend (yield on the price)1.2%
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.−40% → 13%
⚠ Revenue per share shrinking 8.7%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Oil & Gas Equipment & Services · 190 stocks
Beats the industry median on 3/14 measures
Overall it trails its industry peers.
Valuation
Quality Score39 · Bottom 25%
Fair Value upside−25% · Below median
Profitability
Return on equity (TTM)6% · Below median
Return on assets2% · Below median
Net margin (TTM)8% · Above median
Operating margin (TTM)6% · Below median
Growth and dividend
Revenue growth−7% · Below median
Dividend yield (TTM)1.2% · Below median
Balance sheet
Debt / equity0.70× · Highest 25%
Valuation Multiplesvs Oil & Gas Equipment & Services median · lower = cheaper
P/E (TTM)22.9× · Pricier than median
P/B0.78× · Cheaper than median
P/S (TTM)1.63× · Pricier than median
EV/EBITDA7.6× · Cheaper than median
PEG1.42× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 18
FUTURE (revenue growth)0· sector 6
PAST (return on equity)25· sector 28
HEALTH (low debt)65· sector 91
DIVIDEND (yield)23· sector 34
VALUE 0: the price sits above our fair-value range.
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.
Is Eidesvik Offshore ASA (EIOF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 12.91 versus a price of kr 17.20, about −25% upside (overvalued).
What is the fair value of EIOF?
Our model-based fair value for Eidesvik Offshore ASA is kr 12.91 (as of Sep 24, 2026), built from audited fundamentals. The current price: kr 17.20.
What is the quality score of EIOF?
Eidesvik Offshore ASA has a Quality Score of 39/100. 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 Eidesvik Offshore ASA (EIOF)?
Our model-based price target is the fair value of kr 12.91 (as of Sep 24, 2026) from 12 valuation models. Cautious scenario kr 9.81, optimistic scenario kr 13.25. It is a calculation from audited fundamentals, not an analyst target.
What is the Eidesvik Offshore ASA stock forecast for 2026?
Our models put fair value at kr 12.91, about −25% upside versus a price of kr 17.20 (overvalued). Cautious scenario kr 9.81, optimistic scenario kr 13.25. The calculation is refreshed regularly with new filings.
What is the revenue of Eidesvik Offshore ASA (EIOF)?
Eidesvik Offshore ASA reported trailing-twelve-month revenue of about 772M NOK (latest available figure, as of Sep 24, 2026).
Does Eidesvik Offshore ASA pay a dividend?
Eidesvik Offshore ASA currently shows a dividend yield of about 1.16% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Eidesvik Offshore ASA (EIOF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Eidesvik Offshore ASA it is kr 12.91 per share (as of Sep 24, 2026), against a price of kr 17.20. It is the blended result of 12 valuation models (cash flow, earnings, asset, dividend).
Is Eidesvik Offshore ASA stock overvalued or undervalued in 2026?
As of Sep 24, 2026, EIOF trades above its calculated fair value: price kr 17.20, fair value kr 12.91, a gap of about −25% (overvalued). 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 EIOF?
No. The price is what the market pays today (kr 17.20); the fair value is what the company's own numbers justify (kr 12.91). For Eidesvik Offshore ASA the two are kr 4.29 per share apart. That gap is exactly why we show both numbers side by side.
How much is Eidesvik Offshore ASA worth?
The market values Eidesvik Offshore ASA at about 1.3B NOK (market capitalisation, as of Sep 24, 2026). Per share that is kr 17.20; our models calculate a fair value of kr 12.91 per share.
What do the bullish and bearish scenarios say about EIOF?
Our models span a range for Eidesvik Offshore ASA: cautious scenario kr 9.81, base kr 12.91, optimistic kr 13.25 per share (as of Sep 24, 2026, price kr 17.20). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EIOF?
Eidesvik Offshore ASA trades at a price-to-earnings ratio of 22.9 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 12.91 is built from several models across several years. Other multiples: PEG 1.4, P/B 0.8, P/S 1.6, EV/EBITDA 7.6.
What is the PEG ratio of EIOF?
The PEG ratio of Eidesvik Offshore ASA is 1.42 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Eidesvik Offshore ASA (EIOF)?
Balance-sheet figures for Eidesvik Offshore ASA (as of Sep 24, 2026): return on equity 6.1%, debt of 0.70 per unit of equity. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is EIOF from its 52-week high?
Eidesvik Offshore ASA trades at kr 17.20, about 4% below its 52-week high of kr 17.90 and 42% above the low of kr 12.11 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of kr 12.91 is for.
Which stocks are comparable to Eidesvik Offshore ASA?
From the same area (Energy) we also value SLB N.V, Baker Hughes Company, TechnipFMC plc, Halliburton Company, 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 Eidesvik Offshore ASA stock attractive at the current price?
The data as of Sep 24, 2026: price kr 17.20, calculated fair value kr 12.91 (−25%), Quality Score 39/100, from 12 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 EIOF calculated?
We run Eidesvik Offshore ASA through 12 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of kr 12.91, 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 13.0 % above its aggregate fair value. Eidesvik Offshore ASA itself currently trades above fair value. 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 Eidesvik Offshore ASA (EIOF)?
The closing price on Sep 24, 2026 was kr 17.20. Our model-based fair value is kr 12.91, about −25% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Eidesvik Offshore ASA right now?
The price sits above even our optimistic bull case (kr 13.25). The favourable scenario is already priced in. Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.
Where does the earnings growth of Eidesvik Offshore ASA (EIOF) come from?
Earnings per share at Eidesvik Offshore ASA grew −2.1 % a year from 2012 to 2023. Broken into its drivers: revenue per share −9.3 %, EBIT margin +7.2 %, tax rate +0.2 %, residual (interest, one-offs) +0.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Eidesvik Offshore ASA
How large is the market capitalisation of Eidesvik Offshore ASA (EIOF)?
The market capitalisation of Eidesvik Offshore ASA is 1.3B NOK (≈ $132M). 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 Eidesvik Offshore ASA (EIOF)?
The price-to-sales ratio of Eidesvik Offshore ASA is 1.99 (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 Eidesvik Offshore ASA (EIOF)?
Earnings per share at Eidesvik Offshore ASA are kr 0.7500 (price ÷ EPS = P/E 22.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Eidesvik Offshore ASA (EIOF)?
The dividend yield of Eidesvik Offshore ASA is 1.2% (payout 26.7%). 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 Eidesvik Offshore ASA (EIOF)?
The net margin of Eidesvik Offshore ASA is 8.7% (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 Eidesvik Offshore ASA (EIOF)?
The return on equity (ROE) of Eidesvik Offshore ASA is 6.1% (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 Eidesvik Offshore ASA (EIOF)?
On an EBIT basis the return on assets of Eidesvik Offshore ASA is 11.2% (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 Eidesvik Offshore ASA (EIOF)?
The operating margin of Eidesvik Offshore ASA is 5.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Eidesvik Offshore ASA (EIOF)?
Revenue at Eidesvik Offshore ASA is growing −6.8% versus a year earlier (3y avg +7.3%). 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 Eidesvik Offshore ASA (EIOF)?
Earnings per share at Eidesvik Offshore ASA are growing −45.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Eidesvik Offshore ASA (EIOF) generate?
The free cash flow of Eidesvik Offshore ASA is −626M NOK (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Eidesvik Offshore ASA (EIOF) carry?
The net debt of Eidesvik Offshore ASA is 907M NOK (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Eidesvik Offshore ASA in the live analysis
One click puts Eidesvik Offshore ASA on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
