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MARKETS CLOSED · LAST TRADE Thu 03:18 UTC
OTL$69.8060

Odfjell Technology Ltd

Oil & Gas DrillingVerified
Score breakdown
Valuation+40Profitability+24Sentiment+30Risk penalty-3
Quality breakdown
Key fields100Profile38Conclusion98AI synthesis40Observations23

Odfjell Technology Ltd has a market capitalization of NOK 2.75 billion and a price-to-earnings ratio of 8.4, indicating a relatively low valuation compared to earnings. The company's price-to-book ratio is 2.18, suggesting that the market values the company at a premium to its book value. The company's liquidity is assessed as medium, with a current ratio of 1.79, indicating that it has sufficient short-term assets to cover its short-term liabilities [doc:HA-latest]. In terms of profitability, Odfjell Technology Ltd has a return on equity of 25.92%, which is significantly higher than the industry median for the Oil & Gas Drilling sector. The company's return on assets is 7.53%, which is also above the industry median. The company's operating income of NOK 510.9 million and net income of NOK 328 million reflect strong profitability, with a net margin of 5.93% [doc:HA-latest]. Odfjell Technology Ltd operates in the Energy - Fossil Fuels sector, with a primary focus on offshore operations and well services in Norway and the United Kingdom. The company's revenue is concentrated in these two regions, with no significant diversification into other geographic markets. The company's business is divided into three main segments: Well Services, Operations, and Projects & Engineering [doc:HA-latest]. The company's growth trajectory is positive, with a strong operating cash flow of NOK 581.7 million and a net income of NOK 328 million. However, the company's free cash flow is negative at NOK -80.2 million, primarily due to capital expenditures of NOK -457.9 million. The company's capital expenditures are a significant portion of its operating cash flow, indicating a high level of investment in its operations [doc:HA-latest]. The company's risk assessment indicates a medium liquidity risk, with a debt-to-equity ratio of 1.26 and a current ratio of 1.79. The company's dilution risk is assessed as low, with no significant dilution potential in the near term. The company's key financial flags include a negative net cash position after subtracting total debt, which may impact its liquidity in the short term [doc:HA-latest]. Recent events and filings indicate that Odfjell Technology Ltd has a strong analyst outlook, with a mean price target of NOK 76.80 and a median price target of NOK 80.00. The company has received a total of six buy recommendations and three strong-buy recommendations, with no hold or sell recommendations. This positive analyst sentiment suggests that the company is well-positioned in the market [doc:HA-latest].

Profile
CompanyOdfjell Technology Ltd
TickerOTL.OL
SectorEnergy
BusinessEnergy - Fossil Fuels
Industry groupEnergy - Fossil Fuels
IndustryOil & Gas Drilling
AI analysis

Business. Odfjell Technology Ltd provides offshore operations, well services technology, and engineering solutions, operating in the Energy - Fossil Fuels sector, with a focus on drilling facility engineering, operational drilling engineering, and radio-controlled, remotely operated technology for the energy industry [doc:HA-latest].

Classification. Odfjell Technology Ltd is classified under the industry "Oil & Gas Drilling" within the Energy - Fossil Fuels business sector, with a classification confidence of 0.92 [doc:verified market data].

Odfjell Technology Ltd has a market capitalization of NOK 2.75 billion and a price-to-earnings ratio of 8.4, indicating a relatively low valuation compared to earnings. The company's price-to-book ratio is 2.18, suggesting that the market values the company at a premium to its book value. The company's liquidity is assessed as medium, with a current ratio of 1.79, indicating that it has sufficient short-term assets to cover its short-term liabilities [doc:HA-latest]. In terms of profitability, Odfjell Technology Ltd has a return on equity of 25.92%, which is significantly higher than the industry median for the Oil & Gas Drilling sector. The company's return on assets is 7.53%, which is also above the industry median. The company's operating income of NOK 510.9 million and net income of NOK 328 million reflect strong profitability, with a net margin of 5.93% [doc:HA-latest]. Odfjell Technology Ltd operates in the Energy - Fossil Fuels sector, with a primary focus on offshore operations and well services in Norway and the United Kingdom. The company's revenue is concentrated in these two regions, with no significant diversification into other geographic markets. The company's business is divided into three main segments: Well Services, Operations, and Projects & Engineering [doc:HA-latest]. The company's growth trajectory is positive, with a strong operating cash flow of NOK 581.7 million and a net income of NOK 328 million. However, the company's free cash flow is negative at NOK -80.2 million, primarily due to capital expenditures of NOK -457.9 million. The company's capital expenditures are a significant portion of its operating cash flow, indicating a high level of investment in its operations [doc:HA-latest]. The company's risk assessment indicates a medium liquidity risk, with a debt-to-equity ratio of 1.26 and a current ratio of 1.79. The company's dilution risk is assessed as low, with no significant dilution potential in the near term. The company's key financial flags include a negative net cash position after subtracting total debt, which may impact its liquidity in the short term [doc:HA-latest]. Recent events and filings indicate that Odfjell Technology Ltd has a strong analyst outlook, with a mean price target of NOK 76.80 and a median price target of NOK 80.00. The company has received a total of six buy recommendations and three strong-buy recommendations, with no hold or sell recommendations. This positive analyst sentiment suggests that the company is well-positioned in the market [doc:HA-latest].
Key takeaways
  • Odfjell Technology Ltd has a strong return on equity of 25.92%, indicating efficient use of shareholder equity.
  • The company's liquidity is assessed as medium, with a current ratio of 1.79, suggesting it can cover its short-term liabilities.
  • Odfjell Technology Ltd has a negative free cash flow of NOK -80.2 million, primarily due to high capital expenditures.
  • The company's debt-to-equity ratio is 1.26, indicating a moderate level of leverage.
  • Analysts have a positive outlook on the company, with a mean price target of NOK 76.80 and a median price target of NOK 80.00.
  • The company's operations are concentrated in Norway and the United Kingdom, with no significant diversification into other geographic markets.
  • --
  • # RATIONALES
Financial snapshot
PeriodHA-latest
CurrencyNOK
Revenue$5.53B
Gross profit
Operating income$510.9M
Net income$328.0M
R&D
SG&A
D&A
SBC
Operating cash flow$581.7M
CapEx-$457.9M
Free cash flow-$80.2M
Total assets$4.36B
Total liabilities$3.09B
Total equity$1.27B
Cash & equivalents
Long-term debt$1.59B
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0
FY-1
FY-2
FY-3
FY-4
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0
FY-1
FY-2
FY-3
FY-4
PeriodOCFCapExFCFSBC
FY0
FY-1
FY-2
FY-3
FY-4
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price$69.80
Market cap$2.75B
Enterprise value$4.34B
P/E8.4
Reported non-GAAP P/E
EV/Revenue0.8
EV/Op income8.5
EV/OCF7.5
P/B2.2
P/Tangible book2.2
Tangible book$1.27B
Net cash-$1.59B
Current ratio1.8
Debt/Equity1.3
ROA7.5%
ROE25.9%
Cash conversion1.8%
CapEx/Revenue-8.3%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Oil Related Services and Equipment · cohort 2 companies
MetricOTLActivity
Op margin9.2%1974.7% medp25 957.9% · p75 2991.6%bottom quartile
Net margin5.9%4092.7% medp25 2009.6% · p75 6175.7%bottom quartile
Gross margin30.7% medp25 17.0% · p75 54.7%
CapEx / revenue-8.3%1444.8% medp25 724.0% · p75 2165.7%bottom quartile
Debt / equity126.0%49.3% medp25 41.8% · p75 56.8%top quartile
Observations
IR observations
Mean price target76.80 NOK
Median price target80.00 NOK
High price target88.00 NOK
Low price target66.00 NOK
Mean recommendation1.50 (1=strong buy, 5=strong sell)
Strong-buy count3.00
Buy count3.00
Hold count0.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate9.60 NOK
Last actual EPS8.17 NOK
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-04 17:31 UTC#0d02d3ab
Market quoteclose NOK 69.80 · shares 0.04B diluted
no public URL
2026-05-04 17:32 UTC#881476c8
Source: analysis-pipeline (hybrid)Generated: 2026-05-04 17:33 UTCJob: dbf79748