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MORLD.OL

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Moreld ASA · Energy · Norway · $341M · Avg Vol: $596K/d

74
StockRank
Q
60
V
45
M
58
P/E (TTM)
33.4x
ROE
15.0%
D/E
4.7x
Dividend %
9.4%
AI CONVICTION THESIS

Moreld is an industrial services group focused on the offshore energy sector. While it benefits from North Sea oil and gas activity, the business is highly cyclical and lacks a durable economic moat.

COMPANY DESCRIPTION

Moreld ASA is an industrial group providing engineering, maintenance, modification, and marine services to the offshore energy, marine, and aquaculture industries. The company was formed by consolidating several established oilfield service providers to offer integrated, multi-disciplinary solutions. Its competitive advantage lies in its extensive track record on the Norwegian Continental Shelf and its strategic pivot toward offshore wind and decarbonization services.

FINANCIAL SUMMARY (USD)

Year202320242025CAGR
Revenue0.1M718.1M990.7M9484.2%
EPS-0.01-0.410.16
Shares175.8M175.8M179.6M+2.1%
Debt124.8M358.4M284.5M51.0%
Equity-2.1M70.4M79.7M13.2%
Op CF12,398136.2M142.5M10619.6%
Inv CF-80.0M-30.2M-9.2M
Fin CF98.7M22.3M-168.0M
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PRICE (1Y)-4.7%
1.891.931.972.012.05May 13Jun 5Jun 25
SMA 50SMA 200
Close
$1.90
RSI (14)
35.4
52W High
$2.07
From 52W High
0.9%

SCORE BREAKDOWN

Quality
60
ROIC
22.8%95.0
ROE
15.0%78.7
GP/Assets
33.7%87.2
Op. Margin
-12.1%16.1
FCF/Assets
18.2%92.9
Piotroski
663.8
Int. Cover
2.1x33.1
D/E Ratio
4.68x2.6
Current Ratio
0.87x22.7
Value
45
P/E (TTM)
33.4x21.2
EV/EBITDA
299.4x0.4
P/FCF
3.0x90.0
P/B
7.8x5.1
P/S
0.4x86.1
Div Yield
9.4%90.3
Momentum
58
52W High %
91%90.0
RS 6M
-4%33.7
SMA 50/200
1.12x52.1
EPS Rev 4W
-4.4%22.4
EPS Rev 12W
N/A
EPS Improve
+359%85.9
Q Growth
N/A

FUNDAMENTALS

Market Cap
$341M
P/E (Forward)
7.3x
Gross Margin
25.3%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of MORLD.OL are excluded.

TickerCompanyMkt CapStockRankSignal
MORLD.OLMoreld ASA(you)$341M74BUY
AKAST.OLAkastor ASA$363M51HOLD
SEA1.OLSea1 Offshore Inc.$378M97STRONG BUY
NORAM.OLNorAm Drilling AS$172M91STRONG BUY
PRS.OLProsafe SE$154M56HOLD
JACK.OLJacktel AS$109M94STRONG BUY
REACH.OLReach Subsea ASA$165M28SELL
TGS.OLTGS ASA$2.6B96STRONG BUY
AKSO.OLAker Solutions ASA$2.2B100STRONG BUY
EIOF.OLEidesvik Offshore ASA$110M29SELL

Peer medians: ROE 5.4% · P/E 12.7x · Gross margin 61.5%

Moreld ASA (MORLD.OL) — Stock Score Summary

Moreld ASA (MORLD.OL) has a MoatMap StockRank of 74/100 based on Quality (60/100), Value (45/100), and Momentum (58/100) factor scores. The current signal is BUY. Moreld is an industrial services group focused on the offshore energy sector. While it benefits from North Sea oil and gas activity, the business is highly cyclical and lacks a durable economic moat.

Moreld ASA is an industrial group providing engineering, maintenance, modification, and marine services to the offshore energy, marine, and aquaculture industries. The company was formed by consolidating several established oilfield service providers to offer integrated, multi-disciplinary solutions. Its competitive advantage lies in its extensive track record on the Norwegian Continental Shelf and its strategic pivot toward offshore wind and decarbonization services.

Key Financial Metrics

Price$1.90
Market Cap$341M
P/E (TTM)33.44
P/E (Forward)7.28
Price/Book7.79
Return on Equity15.0%
Return on Invested Capital22.8%
Debt/Equity467.72
Gross Margin25.3%
Operating Margin-12.1%
Revenue Growth-52.5%
Dividend Yield9.4%
Free Cash Flow$114M

Moreld ASA operates in the Oil & Gas Equipment & Services industry, part of the Energy sector (Norway).

Frequently Asked Questions

What is Moreld ASA’s (MORLD.OL) StockRank?
MoatMap’s StockRank for Moreld ASA (MORLD.OL) is 74/100, with a Buy signal. It is a composite of Quality (60), Value (45), and Momentum (58) factor ranks across MoatMap’s 20,000+ stock universe.
Does Moreld ASA have an economic moat?
Moreld ASA (MORLD.OL) has a Quality factor score of 60/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Moreld ASA a buy, hold, or sell?
MoatMap’s current signal for Moreld ASA (MORLD.OL) is Buy, based on a StockRank of 74/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Moreld ASA in?
Moreld ASA (MORLD.OL) operates in the Energy sector, specifically the Oil & Gas Equipment & Services industry (Norway).