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PARATUS ENERGY SERVICES LTD (PLSV) Fair Value & Analysis

Energy · NO · Market cap 7.4B NOK

PE PARATUS ENERGY SERVICES LTD PLSV · OL
Pricekr 50.70
Fair Valuekr 60.32
Upside+19.0%
Quality68/100
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Healthy Growth
Highly profitable · 55.7% net margin
High debt · generates free cash flow
1.91% dividend yield
Mixed vs. peers (7/14)
Wide moat 76/100
Evidence: High Range kr 45.24 – kr 143.23 Share as image

Fair value as of: Aug 20, 2026

From 24 valuation models · updated today

Fair value updated Aug 20, 2026, revised from kr 4.09 to kr 60.32 (+1,374.8%) since Aug 13, 2026. Share price +11.8% over the past month.

A solid business, screening 19% undervalued on our models.

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What matters now

  • The model range is unusually wide (kr 45.24 to kr 143.23). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Our model range runs from kr 45.24 (bear) to kr 143.23 (bull), base kr 60.32. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 68/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (2 years)

kr 50.70 kr 26.08 Fair Value kr 60.32 Jun 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

26‑month range kr 26.08 – kr 50.70 · fair‑value band kr 45.24 – kr 143.23 · the kr 50.70 price screens below the kr 60.32 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

PARATUS ENERGY SERVICES LTD (PLSV) currently trades at kr 50.70, while our model-based Fair Value estimate is kr 60.32, implying the stock looks roughly 19.0% undervalued today. The Quality Score stands at 68/100 (solid quality), in the Energy sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, PARATUS ENERGY SERVICES LTD generated revenue of 153M NOK at a net margin of 48.8%. Revenue declined 29.0% year over year. It earns a return on equity of 36.3%. Net debt stands at 521M NOK. Fundamentals as of Aug 20, 2026

Our scenario range runs from kr 45.24 (bear case) to kr 143.23 (bull case); at kr 50.70, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 2% below its 52-week high and 80% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -48% fair-value upside, at 19%, PLSV screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (kr 0.6400 to kr 24.50). Read the values as a conservative anchor, not as a price target.
Model 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
Highest evidence
Growth DCF kr 12.61 kr 24.50 kr 47.53 80
Residual Income kr 2.63 kr 3.11 kr 13.42 76
ROIC Compounder kr 8.26 kr 12.55 kr 18.32 72
All 24 models by family
DCF Models
FCF DCF kr 13.52 kr 22.17 kr 48.60 38
Owner Earnings kr 6.37 kr 16.57 kr 37.19 31
5Y Revenue Exit kr 2.99 kr 4.54 kr 7.35 39
5Y EBITDA Exit kr 6.28 kr 11.44 kr 21.04 41
5Y P/E Exit kr 5.82 kr 12.29 kr 20.46 38
10Y Revenue Exit kr 6.06 kr 10.13 kr 12.33 36
10Y EBITDA Exit kr 8.40 kr 16.59 kr 30.90 37
10Y P/E Exit kr 8.08 kr 15.69 kr 28.25 35
Earnings-Based
Graham-Dodd kr 3.13 kr 21.80 kr 30.59 54
Lynch FV kr 7.20 kr 10.29 kr 13.38 50
PEG = 1.0 kr 7.20 kr 10.29 kr 13.38 46
EPV kr 6.27 kr 7.58 kr 8.71 59
Dividend Discount
Gordon GGM kr 3.86 kr 7.70 kr 11.66 70
DDM Multi-Stage kr 3.86 kr 6.65 kr 8.13 61
Multiples
P/E Multiple kr 4.83 kr 6.43 kr 8.04 63
P/S Multiple kr 0.8500 kr 1.13 kr 1.41 58
P/B Multiple kr 1.29 kr 1.72 kr 2.15 55
EV/EBIT kr 6.05 kr 8.74 kr 11.42 53
EV/EBITDA kr 3.46 kr 5.28 kr 7.11 54
Asset-Based
NCAV (Graham) kr 0.4800 kr 0.6400 kr 0.9600 50
Growth DCF
Growth DCF kr 12.61 kr 24.50 kr 47.53 80
Economic Profit
Residual Income kr 2.63 kr 3.11 kr 13.42 76
ROIC Compounder kr 8.26 kr 12.55 kr 18.32 72
Growth Earnings
Growth-Adj P/E kr 8.23 kr 11.75 kr 15.28 68

Widest divergence: Growth DCF (kr 24.50) versus Asset-Based (kr 0.6400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 153M NOK
Revenue growth (YoY) -29.0%
Net margin 48.8%
Return on equity 36.3%
Free cash flow 161M NOK FY2025
P/E ratio 7.9 as of May 31, 2026
More key figures
Operating margin 17.2%
EPS (TTM) kr 6.13
Dividend yield 1.3%
EPS growth (YoY) +897%
Net debt 521M NOK FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 64 · Market factors (momentum, volatility) 75

Profitability 53
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 60
Price trend over the last 3–12 months (market factor)
52W Momentum 94
Distance to the 52-week high (market factor)
Net Issuance 58
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Paratus Energy Services Ltd., through its subsidiaries, provides drilling services and operates fleets of jack-up rigs under contracts in Mexico. The company also operates fleet of pipe-laying support vessels which provide support, installation, flexible pipe laying, and construction services.

Full company description

Paratus Energy Services Ltd., through its subsidiaries, provides drilling services and operates fleets of jack-up rigs under contracts in Mexico. The company also operates fleet of pipe-laying support vessels which provide support, installation, flexible pipe laying, and construction services. The company was incorporated in 2018 and is based in Hamilton, Bermuda.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PARATUS ENERGY SERVICES LTD reported revenue of kr 153M in FY2025 versus kr 29.0M in FY2021, a compound +51.6%/yr. Reported net income was kr 74.8M in FY2025, compounding +58.0%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
153M NOK
Avg. growth/yr (3Y) 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.
+94.7%
Revenue +51.6%/yr
FY21 kr 29.0M
FY22 kr 148M
FY23 kr 167M
FY24 kr 214M
FY25 kr 153M
Net income +58.0%/yr
FY21 kr 12.0M
FY22 −kr 36.0M
FY23 −kr 23.0M
FY24 kr 31.6M
FY25 kr 74.8M

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Cite: Fair Value Calculator (2026). "PARATUS ENERGY SERVICES LTD Fair Value". https://www.fairvalue-calculator.com/stock/PLSV

Peer Group

Oil & Gas Drilling · 33 stocks

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.

Quality Score 68 · Top 25%
Fair Value upside +19% · Top 25%
Return on equity (TTM) 65% · Top 25%
Return on assets 3% · Below median
Net margin (TTM) 56% · Top 25%
Operating margin (TTM) 26% · Top 25%
Revenue growth -29% · Bottom 25%
Dividend yield (TTM) 1.3% · Below median
Debt / equity 3.16× · Higher than 75% of peers

Valuation Multiples vs Oil & Gas Drilling median · lower = cheaper

P/E (TTM) 7.9× · Cheaper than 75% of peers
P/B 5.10× · Pricier than 75% of peers
P/S (TTM) 5.19× · Pricier than 75% of peers
P/FCF 4.9× · Cheaper than 75% of peers
EV/EBITDA 11.4× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE59 · sector 0
FUTURE0 · sector 0
PAST100 · sector 19
HEALTH0 · sector 82
DIVIDEND26 · sector 33

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Oil & Gas Drilling stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
Noble Corporation NE $44.08 $23.09 -48%
Sinopec Oilfield Service Corporation 600871 ¥2.22 ¥0.4900 -78%
Transocean Ltd RIG $5.70 $2.16 -62%
Valaris Limited VAL $85.21 $58.91 -31%
Patterson-UTI Energy, Inc PTEN $12.13 $12.20 +1%
Helmerich & Payne, Inc HP $42.97 $9.25 -78%
Seadrill Limited SDRL $46.72 $10.17 -78%
Borr Drilling Limited BORR kr 36.50 kr 27.01 -26%
Nabors Industries Ltd NBR $89.70 $209.14 +133%
Sable Offshore Corp SOC $4.38 $1.87 -57%

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Frequently asked questions

Is PARATUS ENERGY SERVICES LTD (PLSV) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of kr 60.32 versus a price of kr 50.70, about +19% (undervalued).
What is the fair value of PLSV?
Our model-based fair value for PARATUS ENERGY SERVICES LTD is kr 60.32 (as of Aug 20, 2026), built from audited fundamentals. The current price: kr 50.70.
What is the quality score of PLSV?
PARATUS ENERGY SERVICES LTD has a Quality Score of 68/100. 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 revenue of PARATUS ENERGY SERVICES LTD (PLSV)?
PARATUS ENERGY SERVICES LTD reported trailing-twelve-month revenue of about 153M NOK (latest available figure, as of Aug 20, 2026).
What is the net profit margin of PLSV?
The net profit margin of PARATUS ENERGY SERVICES LTD is about 48.8%, meaning it keeps roughly 48.8% of revenue as net income. Based on the latest reported figures.
Does PARATUS ENERGY SERVICES LTD pay a dividend?
PARATUS ENERGY SERVICES LTD currently shows a dividend yield of about 1.31% relative to its recent price (as of Aug 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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