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.
Sea1 Offshore Inc. is a prominent provider of offshore support vessels serving the oil and gas and renewable energy sectors. The company owns and operates a modern fleet of approximately 21 vessels, encompassing anchor handling tug supply vessels, platform supply vessels, offshore subsea construction vessels, well-intervention vessels, multipurpose field and ROV support vessels, and fast crew and oil spill recovery vessels. These assets enable critical services including anchor handling and towing, platform supply, well intervention, subsea operations, walk-to-work transfers, and trenching for windfarms. Sea1 Offshore Inc. maintains a global footprint with operations in the North Sea, Brazil, Australia, Canada, Southeast Asia, South America, and West Africa, supported by offices in Norway, Canada, Australia, USA, and Brazil. Employing around 900 to 1,385 skilled personnel, it prioritizes safety, environmental responsibility, and operational efficiency through a hands-on approach. Formerly Siem Offshore Inc., it rebranded in May 2024 and is headquartered in Kristiansand, Norway, playing a key role in delivering reliable marine solutions to demanding offshore markets.
NOK 2.04
NOK 0.07 (-3.32%)
EOD Jul 1, 2026
36.18% operating margin is above average. ROIC at 12.97%.
Revenue declined 20.3% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 47% versus the prior year, cash generation momentum has weakened. Net debt of $218M represents 5.2x FCF, leverage limits flexibility.
0.3x earnings, 2.4x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$275M
▼ -20.3% YoY
Net Income (TTM)
$120M
▼ -44.0% YoY
Op. Margin
34.84%
▲ +4.5pp YoY
ROIC
12.97%
▲ +0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$13M
▼ -46.6% YoY
Op. Cash Flow (TTM)
$125M
▼ -31.1% YoY
Net Debt
$218M
Cash & Equiv.
$82M
3Y CAGR: -0.3%
3Y CAGR: -11.0%
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At a P/E of 0.3 and a price-to-free-cash-flow of 2.4, Sea1 Offshore (SEA1.XOSL) trades above a two-stage DCF intrinsic value of about $0.07 per share, so at $2.04 the stock looks overvalued (96.7% above estimated intrinsic value). 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, Sea1 Offshore scores 56/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 298.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $0.07 per share for SEA1.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $0.05. At today's $2.04, that puts the stock about 96.7% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Sea1 Offshore scores 56 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 34.8% operating margin and a 13.0% 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, Sea1 Offshore pays a regular dividend of about $0.61 per share per year (typically in quarterly installments), a yield of roughly 298.1% at the current price. That is a payout ratio of about 78.6% of earnings, so the dividend is covered, with less cushion. Sea1 Offshore has grown the dividend at roughly 29.3% 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 SEA1.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. SEA1.XOSL currently trades above its estimated intrinsic value and scores 56/100 on quality (mixed). It also yields about 298.1%. 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.