Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Eidesvik Offshore ASA is a Norwegian shipping company that owns and operates a worldwide fleet of purpose-built vessels serving the offshore supply, subsea, and offshore renewables markets. It operates primarily through Supply, Subsea/Offshore Renewables, and Other segments, delivering cargo transportation between onshore bases and offshore oilfields, subsea construction, module handling, inspections, maintenance, repair, and ROV operations. The company's platform supply vessels (PSVs) also support standby/rescue and oil recovery duties per Norwegian regulations, while subsea vessels handle advanced underwater tasks for the oil industry and renewables projects like offshore wind construction and maintenance. Eidesvik Offshore ASA emphasizes environmental innovation, pioneering low-emission technologies, including conversions to ammonia and methanol fuels, and positioning itself at the forefront of zero-emission shipping solutions. Headquartered in Bømlo, Norway, with around 437 employees, it plays a vital role in the energy sector's maritime support, particularly in oil & gas equipment services and emerging renewables. Founded in 2004 as a subsidiary of Eidesvik Invest AS, the company maintains a strong reputation for high-quality seamanship and operational efficiency.
€1.30
€0.03 (-2.26%)
EOD Jul 2, 2026
13.41% operating margin is respectable but not wide. ROIC at 3.41%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 3.4%, steady but not accelerating.
Negative free cash flow of -NOK 626M. The business is consuming cash, not generating it.
17.2x earnings. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 772M
▲ +3.4% YoY
Net Income (TTM)
NOK 126M
▲ +7.6% YoY
Op. Margin
11.80%
▼ -0.8pp YoY
ROIC
3.41%
▼ -0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-NOK 389M
▼ -195.9% YoY
Op. Cash Flow (TTM)
NOK 349M
▼ -19.6% YoY
Net Debt
NOK 1.03B
Cash & Equiv.
NOK 282M
3Y CAGR: +7.3%
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At a P/E of 17.2, Eidesvik Offshore ASA (EIOF.XOSL)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Eidesvik Offshore ASA scores 33/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Eidesvik Offshore ASA scores 33 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 11.8% operating margin and a 3.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Eidesvik Offshore ASA pays a regular dividend of about NOK 0.30 per share per year (typically in quarterly installments), a yield of roughly 2.1% at the current price. That is a payout ratio of about 17.4% of earnings, so the dividend is amply covered by earnings. Eidesvik Offshore ASA has grown the dividend at roughly 20.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For EIOF.XOSL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. you should weigh EIOF.XOSL's valuation and scores 33/100 on quality (lower-quality). It also yields about 2.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.