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Petrolia SE (PSE) Fair Value & Analysis

Energy · NO · Market cap 360M NOK

PS Petrolia SE PSE · OL
Pricekr 6.20
Fair Valuekr 1.29
Upside-79.2%
Quality60/100
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Healthy Growth
Thin margins · 9.0% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Narrow moat 40/100
Evidence: High Range kr 0.9700 – kr 1.60 Share as image

Fair value as of: Jul 19, 2026

From 22 valuation models · updated 22 days ago

Share price +6.9% over the past month.

A solid business, but screening 79% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 1.60). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

kr 9.65 kr 3.30 Fair Value kr 1.29 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range kr 3.30 – kr 9.65 · fair‑value band kr 0.9700 – kr 1.60 · the kr 6.20 price screens above the kr 1.29 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Petrolia SE (PSE) currently trades at kr 6.20, while our model-based Fair Value estimate is kr 1.29, implying the stock looks roughly 79.2% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Petrolia SE generated revenue of 60.4M NOK at a net margin of 9.0%. Revenue grew 17.3% year over year. It earns a return on equity of 11.2%. The balance sheet holds a net cash position of 12.9M NOK. Fundamentals as of Jul 19, 2026

Our scenario range runs from kr 0.9700 (bear case) to kr 1.60 (bull case); at kr 6.20, the current price sits above 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 82% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -36% fair-value upside, at -79%, PSE screens richer 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF kr 1.18 kr 1.44 kr 1.75 80
Rev-Margin DCF kr 0.9000 kr 1.14 kr 1.40 74
ROIC Compounder kr 0.6000 kr 0.6500 kr 0.6900 72
All 22 models by family
DCF Models
FCF DCF kr 1.16 kr 1.44 kr 1.79 38
Owner Earnings kr 1.58 kr 2.00 kr 2.51 31
5Y Revenue Exit kr 0.9000 kr 1.12 kr 1.39 39
5Y EBITDA Exit kr 1.05 kr 1.39 kr 1.76 41
5Y P/E Exit kr 1.12 kr 1.51 kr 1.89 38
10Y Revenue Exit kr 0.9900 kr 1.19 kr 1.43 36
10Y EBITDA Exit kr 1.09 kr 1.36 kr 1.67 37
10Y P/E Exit kr 1.13 kr 1.43 kr 1.76 35
Earnings-Based
Graham-Dodd kr 0.6300 kr 1.30 kr 1.64 54
EPV kr 0.6000 kr 0.6500 kr 0.6900 59
Multiples
P/E Multiple kr 0.9700 kr 1.29 kr 1.62 63
P/S Multiple kr 0.9200 kr 1.23 kr 1.53 58
P/B Multiple kr 1.11 kr 1.47 kr 1.84 55
EV/EBIT kr 0.6600 kr 0.7900 kr 0.9300 53
EV/EBITDA kr 1.08 kr 1.36 kr 1.63 54
EV/Revenue kr 0.7400 kr 0.9500 kr 1.16 43
Asset-Based
NCAV (Graham) kr 0.4100 kr 0.5500 kr 0.8200 50
Growth DCF
Growth DCF kr 1.18 kr 1.44 kr 1.75 80
Rev-Margin DCF kr 0.9000 kr 1.14 kr 1.40 74
Economic Profit
Residual Income kr 0.7000 kr 0.7800 kr 1.11 61
ROIC Compounder kr 0.6000 kr 0.6500 kr 0.6900 72
Growth Earnings
Growth-Adj P/E kr 0.7300 kr 1.04 kr 1.35 68

Widest divergence: DCF Models (kr 1.39) versus Asset-Based (kr 0.5500). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 60.4M NOK
Revenue growth (YoY) +17.3%
Net margin 9.0%
Return on equity 11.3%
Free cash flow 6.1M NOK FY2025
P/E ratio 6.8
More key figures
Operating margin -0.8%
EPS (TTM) kr 0.9000
EPS growth (YoY) +618%
Net cash 12.9M NOK FY2024

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 63 · Market factors (momentum, volatility) 78

Profitability 56
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 80
Price trend over the last 3–12 months (market factor)
52W Momentum 93
Distance to the 52-week high (market factor)
Net Issuance 82
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

Petrolia SE, together with its subsidiaries, engages in the rental and sale of energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia. It operates in two segments, Energy and Energy Service. The company rents drilling equipment, such as drill pipes and test tubing, as well as fishing tools.

Full company description

Petrolia SE, together with its subsidiaries, engages in the rental and sale of energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia. It operates in two segments, Energy and Energy Service. The company rents drilling equipment, such as drill pipes and test tubing, as well as fishing tools. It also provides casing and tubing running, drilling, and make and brake services. In addition, the company engages in the exploration and production of oil and gas. It serves energy companies, drilling contractors, and energy service companies. The company was formerly known as Petrolia E&P Holdings SE and changed its name to Petrolia SE in January 2013. Petrolia SE was founded in 1997 and is based in Limassol, Cyprus.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Petrolia SE reported revenue of kr 60.4M in FY2025 versus kr 51.0M in FY2021, a compound +4.3%/yr. Reported net income was kr 5.4M in FY2025.

Growth Quality 73/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
60.4M NOK
Latest YoY
+12.9%
Avg. growth/yr (3Y)
+2.8%
Avg. growth/yr (5Y)
+6.7%
Avg. growth/yr (18Y)
−4.3%
Revenue +4.3%/yr
FY21 kr 51.0M
FY22 kr 55.5M
FY23 kr 54.2M
FY24 kr 53.5M
FY25 kr 60.4M
Net income
FY21 −kr 1.2M
FY22 −kr 1.6M
FY23 kr 2.0M
FY24 kr 3.8M
FY25 kr 5.4M

PSE screens 79% overvalued. Compare with SLB N.V →

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Cite: Fair Value Calculator (2026). "Petrolia SE Fair Value". https://www.fairvalue-calculator.com/stock/PSE

Peer Group

Oil & Gas Equipment & Services · 191 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 60 · Top 25%
Fair Value upside −79% · Bottom 25%
Return on equity (TTM) 11% · Above median
Return on assets 3% · Below median
Net margin (TTM) 9% · Above median
Operating margin (TTM) -1% · Below median
Revenue growth 17% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Oil & Gas Equipment & Services median · lower = cheaper

P/E (TTM) 6.8× · Cheaper than 75% of peers
P/B 0.78× · Cheaper than median
P/S (TTM) 0.63× · Cheaper than median
P/FCF 6.2× · Cheaper than median
EV/EBITDA 3.1× · Cheaper 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.

VALUE 0 · sector 0
FUTURE 87 · sector 0
PAST 45 · sector 28
HEALTH 99 · sector 92
DIVIDEND 0 · sector 31

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLBN 836.00 MXN 533.97 MXN -36%
Baker Hughes Company BKR $55.95 $33.55 -40%
TechnipFMC plc FTI $74.57 $27.57 -63%
Halliburton Company HAL $35.22 $21.50 -39%
Tenaris S.A TS $57.16 $45.68 -20%
Yantai Jereh Oilfield Services Group 002353 ¥138.79 ¥34.17 -75%
Saipem SpA SPM €4.20 €2.72 -35%
Subsea 7 S.A SUBC kr 319.00 kr 227.98 -29%
China Oilfield Services Limited 601808 ¥12.08 ¥12.64 +5%
Gaztransport & Technigaz SA GTT €188.10 €95.01 -49%

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Frequently asked questions

Is Petrolia SE (PSE) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of kr 1.29 versus a price of kr 6.20, about −79% (overvalued).
What is the fair value of PSE?
Our model-based fair value for Petrolia SE is kr 1.29 (as of Jul 19, 2026), built from audited fundamentals. The current price is kr 6.20.
What is the quality score of PSE?
Petrolia SE has a Quality Score of 60/100. 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 Petrolia SE (PSE)?
Petrolia SE reported trailing-twelve-month revenue of about 60.4M NOK (latest available figure, as of Jul 19, 2026).
What is the net profit margin of PSE?
The net profit margin of Petrolia SE is about 9.0%, meaning it keeps roughly 9.0% of revenue as net income. Based on the latest reported figures.

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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