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SEA1.OL

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Sea1 Offshore Inc. · Energy · Norway · $378M · Avg Vol: $364K/d

97
StockRank
Q
75
V
77
M
47
P/E (TTM)
3.2x
ROE
32.9%
D/E
0.7x
Dividend %
16.4%
AI CONVICTION THESIS

Sea1 Offshore (formerly Siem Offshore) operates a high-spec fleet of offshore support vessels (OSVs) and subsea construction vessels. A decade of underinvestment in offshore oil and gas, combined with heightened geopolitical energy security concerns, has created a severe shortage of high-end vessels. Day rates and utilization are rising rapidly, creating massive operating leverage and cash flow generation that the market has not fully priced into this asset-heavy but structurally supply-constrained sector.

COMPANY DESCRIPTION

Sea1 Offshore Inc. owns and operates a modern, environmentally friendly fleet of offshore support vessels, including subsea construction, AHTS, and PSV vessels. The company serves the global offshore oil and gas and offshore wind industries, focusing on deep-water and harsh-environment operations. Its competitive advantage lies in its high-specification fleet, strong safety record, and long-term contract coverage with major international energy companies.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue274.3M336.0M340.8M271.5M-0.3%
EPS0.130.730.880.7478.6%
Shares238.9M238.9M153.5M153.9M-35.5%
Debt591.6M481.9M351.0M299.5M-20.3%
Equity363.1M534.3M406.0M430.9M5.9%
Op CF84.2M137.6M131.1M128.1M15.0%
Inv CF-24.1M-24.9M62.4M27.9M
Fin CF-55.1M-110.9M-222.3M-138.3M
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PRICE (1Y)-10.1%
2.512.602.702.792.89May 13Jun 5Jun 25
SMA 50SMA 200
Close
$2.51
RSI (14)
28.2
52W High
$3.28
From 52W High
0.8%

SCORE BREAKDOWN

Quality
75
ROIC
20.5%92.9
ROE
32.9%95.3
GP/Assets
179.2%95.5
Op. Margin
33.9%85.9
FCF/Assets
74.2%96.3
Piotroski
663.8
Int. Cover
5.4x57.1
D/E Ratio
0.73x32.7
Current Ratio
0.94x26.1
Value
77
P/E (TTM)
3.2x98.2
EV/EBITDA
2.9x90.1
P/FCF
5.9x79.5
P/B
0.1x25.0
P/S
1.4x53.3
Div Yield
16.4%98.3
Momentum
47
52W High %
76%53.9
RS 6M
-0%39.0
SMA 50/200
1.19x70.5
EPS Rev 4W
+0.7%74.9
EPS Rev 12W
N/A
EPS Improve
-49%5.1
Q Growth
27%63.5

FUNDAMENTALS

Market Cap
$378M
P/E (Forward)
6.2x
Gross Margin
56.6%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of SEA1.OL are excluded.

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

Peer medians: ROE 5.4% · P/E 14.1x · Gross margin 61.5%

Sea1 Offshore Inc. (SEA1.OL) — Stock Score Summary

Sea1 Offshore Inc. (SEA1.OL) has a MoatMap StockRank of 97/100 based on Quality (75/100), Value (77/100), and Momentum (47/100) factor scores. The current signal is STRONG BUY. Sea1 Offshore (formerly Siem Offshore) operates a high-spec fleet of offshore support vessels (OSVs) and subsea construction vessels. A decade of underinvestment in offshore oil and gas, combined with heightened geopolitical energy security concerns, has created a severe shortage of high-end vessels. Day rates and utilization are rising rapidly, creating massive operating leverage and cash flow generation that the market has not fully priced into this asset-heavy but structurally supply-constrained sector.

Sea1 Offshore Inc. owns and operates a modern, environmentally friendly fleet of offshore support vessels, including subsea construction, AHTS, and PSV vessels. The company serves the global offshore oil and gas and offshore wind industries, focusing on deep-water and harsh-environment operations. Its competitive advantage lies in its high-specification fleet, strong safety record, and long-term contract coverage with major international energy companies.

Key Financial Metrics

Price$2.51
Market Cap$378M
P/E (TTM)3.18
P/E (Forward)6.20
Price/Book0.09
Return on Equity32.9%
Return on Invested Capital20.5%
Debt/Equity73.42
Gross Margin56.6%
Operating Margin33.9%
Revenue Growth5.0%
Dividend Yield16.4%
Free Cash Flow$65M

Sea1 Offshore Inc. operates in the Oil & Gas Equipment & Services industry, part of the Energy sector (Norway).

Frequently Asked Questions

What is Sea1 Offshore Inc.’s (SEA1.OL) StockRank?
MoatMap’s StockRank for Sea1 Offshore Inc. (SEA1.OL) is 97/100, with a Strong Buy signal. It is a composite of Quality (75), Value (77), and Momentum (47) factor ranks across MoatMap’s 20,000+ stock universe.
Does Sea1 Offshore Inc. have an economic moat?
Sea1 Offshore Inc. (SEA1.OL) has a Quality factor score of 75/100. 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 Sea1 Offshore Inc. a buy, hold, or sell?
MoatMap’s current signal for Sea1 Offshore Inc. (SEA1.OL) is Strong Buy, based on a StockRank of 97/100. 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 Sea1 Offshore Inc. in?
Sea1 Offshore Inc. (SEA1.OL) operates in the Energy sector, specifically the Oil & Gas Equipment & Services industry (Norway).