PGS ASA

    PGS ASA

    OOSL:PGS
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    NOK
    - -
    - -
    15.96P/E

    Share Statistics

    As of March 31, 2024, PGS ASA has 954.47M shares outstanding.

    Shares Outstanding954.47M

    Valuation Ratios

    As of March 31, 2024, PGS ASA trades at a trailing price-to-earnings ratio of 15.96. The price-to-sales ratio is 0.85, and the price-to-book ratio stands at -1.26.

    PE Ratio15.96
    PS Ratio0.85
    PB Ratio-1.26
    P/TBV Ratio4.87
    P/FCF Ratio0.90
    P/OCF Ratio1.46

    Enterprise Valuation

    As of March 31, 2024, PGS ASA trades at an EV/EBITDA multiple of 8.73 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.61 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 8.73 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. PGS ASA trades at an EV/FCF ratio of 1.53, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales1.61
    EV / EBITDA8.73
    EV / EBIT8.73
    EV / FCF1.53

    Financial Position

    As of March 31, 2024, PGS ASA maintains a current ratio of 0.84, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 143.85, indicating elevated leverage, while an interest coverage ratio of 1.40 demonstrates limited ability to service its debt obligations.

    Current Ratio0.84
    Quick Ratio0.23
    Debt / Equity143.85
    Debt / EBITDA5.14
    Interest Coverage1.40

    Financial Efficiency

    These figures cover the twelve months ended March 31, 2024. Return on invested capital (ROIC) comes in at 8.77 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 2.42, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 49.28, useful for judging operating efficiency across full business cycles.

    Return on Assets (ROA)2.42
    Return on Invested Capital (ROIC)8.77
    Return on Capital Employed (ROCE)49.28

    Taxes

    These figures cover the twelve months ended March 31, 2024. That works out to an effective tax rate of 21.12, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate21.12

    Margins

    Over the twelve months ended March 31, 2024, PGS ASA posted a gross margin of 24.18, reflecting its pricing power and cost economics. The operating margin of 18.44 and net profit margin of 5.30 provide insight into operational efficiency.

    Gross Margin24.18
    Operating Margin18.44
    Pretax Margin6.72
    Profit Margin5.30
    EBITDA Margin18.44

    Dividends & Yields

    These figures cover the twelve months ended March 31, 2024. Free cash flow yield stands at 110.94, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 25.57, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to PGS ASA shareholders.

    Shareholder Yield25.57
    FCF Yield110.94

    Stock Splits

    PGS ASA's most recent stock split took place on December 18, 2006 with a 1:3 split ratio.

    Last Split Date12/18/2006
    Split Ratio1:3

    Scores

    As of March 31, 2024, PGS ASA has an Altman Z-Score of 0.29, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score0.29