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Reach Subsea ASA (REACH) Fair Value & Analysis

Energy · NO · Market cap 1.9B NOK

Pricekr 5.23
Fair Valuekr 5.62
Upside+7.5%
Quality95/100
Evidence: High Range kr 4.22 – kr 7.03

Fair value as of: Jun 24, 2026

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Analysis

Reach Subsea ASA (REACH) currently trades at kr 5.23, while our model-based Fair Value estimate is kr 5.62 — implying the stock looks roughly 7.5% undervalued today. We read business quality at 95/100 (high 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.

About the company

Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers subsea services, including engineering solutions and project management for offshore operations; inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; asset integrity and pipeline inspection services; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post-lay surveys, as well as vessel, personnel, survey, and on demand engineering. It also provides geophysical, geotechnical, and environmental survey solutions for site survey, pipeline/cable route survey, ROV, seabed mapping, and pipeline inspection; surface and subsea positioning solutions to support marine construction …

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Frequently asked questions

Is Reach Subsea ASA (REACH) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 5.62 versus a price of kr 5.23 — about +7% (undervalued). Model-based estimate, not financial advice.
What is the fair value of REACH?
Our 21-model fair value for Reach Subsea ASA is kr 5.62 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 5.23.
What is the quality score of REACH?
Reach Subsea ASA has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.