EN DE

Stainless Tankers ASA (STST) Fair Value & Analysis

Industrials · NO · Market cap 528M NOK

ST Stainless Tankers ASA STST · OL
Pricekr 41.50
Fair Valuekr 10.27
Upside-75.3%
Quality54/100
Watch Stainless Tankers ASA for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 0.0% net margin
Moderate debt · generates free cash flow
Trails peers (1/12)
Moderate moat 60/100
Evidence: Medium Range kr 8.01 – kr 13.93 Share as image

Fair value as of: Jul 18, 2026

From 23 valuation models · updated 23 days ago

Fair value updated Jul 18, 2026, revised from kr 10.02 to kr 10.27 (+2.5%) since Jun 24, 2026. Share price +0.7% over the past month.

A solid business, but screening 75% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 13.93). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (3 years)

kr 44.70 kr 22.94 Fair Value kr 10.27 May 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

39‑month range kr 22.94 – kr 44.70 · fair‑value band kr 8.01 – kr 13.93 · the kr 41.50 price screens above the kr 10.27 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Stainless Tankers ASA (STST) currently trades at kr 41.50, while our model-based Fair Value estimate is kr 10.27, implying the stock looks roughly 75.3% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Industrials 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: medium).

Net debt stands at 34.2M NOK. The stock trades on a trailing P/E of 23.0. Fundamentals as of Jul 18, 2026

Our scenario range runs from kr 8.01 (bear case) to kr 13.93 (bull case); at kr 41.50, 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 11% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at -75%, STST 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 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 9.81 kr 13.12 kr 18.26 80
Residual Income kr 3.61 kr 4.12 kr 6.07 76
Rev-Margin DCF kr 5.68 kr 8.30 kr 11.63 74
All 23 models by family
DCF Models
FCF DCF kr 9.44 kr 12.93 kr 18.80 38
5Y Revenue Exit kr 5.68 kr 8.00 kr 11.34 39
5Y EBITDA Exit kr 11.18 kr 17.50 kr 25.88 41
5Y P/E Exit kr 6.81 kr 9.94 kr 13.71 38
10Y Revenue Exit kr 7.17 kr 8.92 kr 10.69 36
10Y EBITDA Exit kr 10.33 kr 14.29 kr 18.48 37
10Y P/E Exit kr 7.91 kr 10.02 kr 11.96 35
Earnings-Based
Graham-Dodd kr 3.61 kr 4.41 kr 4.96 54
EPV kr 3.53 kr 4.30 kr 4.93 59
Dividend Discount
Gordon GGM kr 11.81 kr 12.73 kr 14.10 70
DDM Multi-Stage kr 11.81 kr 14.06 kr 16.96 61
Multiples
P/E Multiple kr 7.96 kr 10.62 kr 13.27 63
P/S Multiple kr 5.63 kr 7.50 kr 9.38 58
P/B Multiple kr 6.77 kr 9.02 kr 11.28 55
EV/EBIT kr 9.90 kr 13.89 kr 17.88 53
EV/EBITDA kr 14.98 kr 20.67 kr 26.36 54
EV/Revenue kr 3.18 kr 5.43 kr 7.68 43
Asset-Based
NCAV (Graham) kr 1.98 kr 2.66 kr 3.97 50
Growth DCF
Growth DCF kr 9.81 kr 13.12 kr 18.26 80
Rev-Margin DCF kr 5.68 kr 8.30 kr 11.63 74
Economic Profit
Residual Income kr 3.61 kr 4.12 kr 6.07 76
ROIC Compounder kr 3.53 kr 4.33 kr 5.15 72
Growth Earnings
Growth-Adj P/E kr 5.63 kr 8.05 kr 10.46 68

Widest divergence: Dividend Discount (kr 12.73) versus Asset-Based (kr 2.66). Highest evidence: Growth DCF (80).

Notify me when STST reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Free cash flow 19.1M NOK FY2025
P/E ratio 19.3
EPS (TTM) kr 2.03
Net debt 34.2M NOK FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 57 · Market factors (momentum, volatility) 55

Profitability 43
Margins and returns on capital today
Quality Growth 11
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 49
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

Stainless Tankers ASA engages in the marine transportation business in Norway. The company was incorporated in 2022 and is based in Oslo, Norway.

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

Revenue & earnings trend

FY2023 – FY2025 · reported fiscal years

Stainless Tankers ASA reported revenue of kr 40.5M in FY2025 versus kr 32.8M in FY2023, a compound +11.2%/yr. Reported net income was kr 7.2M in FY2025, compounding +7.9%/yr from FY2023.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
40.5M NOK
Latest YoY
−40.6%
Revenue +11.2%/yr
FY23 kr 32.8M
FY24 kr 68.2M
FY25 kr 40.5M
Net income +7.9%/yr
FY23 kr 6.2M
FY24 kr 14.6M
FY25 kr 7.2M

STST screens 75% overvalued. Compare with Adani Ports and Special Economic Zone Limited →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Stainless Tankers ASA Fair Value". https://www.fairvalue-calculator.com/stock/STST

Peer Group

Marine Shipping · 231 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 54 · Above median
Fair Value upside −75% · Bottom 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 0% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.62× · Higher than 75% of peers

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/E (TTM) 19.3× · Pricier than median
P/B 1.03× · Pricier than median
P/FCF 2.9× · Pricier than median

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 29
FUTURE 0 · sector 18
PAST 0 · sector 27
HEALTH 69 · sector 88
DIVIDEND 0 · sector 47

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.

None of the checked exposures detected

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

Similar stocks

10 more Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,828 ₹1,041 -43%
A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
Qingdao Port International Co 601298 ¥8.88 ¥15.97 +80%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%

Compare Stainless Tankers ASA with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Stainless Tankers ASA (STST) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of kr 10.27 versus a price of kr 41.50, about −75% (overvalued).
What is the fair value of STST?
Our model-based fair value for Stainless Tankers ASA is kr 10.27 (as of Jul 18, 2026), built from audited fundamentals. The current price is kr 41.50.
What is the quality score of STST?
Stainless Tankers ASA has a Quality Score of 54/100. 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 net profit margin of STST?
The net profit margin of Stainless Tankers ASA is about 0.0%, meaning it keeps roughly 0.0% 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.

14 days Pro free · no card

Track Stainless Tankers ASA and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.