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Solstad Offshore A Stock

Solstad Offshore A P/S 2024

Solstad Offshore A P/S

0.48

Ticker

SOFF.OL

ISIN

NO0003080608

WKN

909875

As of Jul 13, 2024, Solstad Offshore A's P/S ratio stood at 0.48, a 84.62% change from the 0.26 P/S ratio recorded in the previous year.

The Solstad Offshore A P/S history

Solstad Offshore A Aktienanalyse

What does Solstad Offshore A do?

Solstad Offshore ASA is a Norwegian company based in Skudeneshavn that has been active in the shipping industry for decades. The company's history dates back to the 1950s, when its founder, Johannes Solstad, started building boats and ships in Skudeneshavn. Since then, the company has grown significantly and has become a leading service provider in the offshore industry. Today, Solstad Offshore ASA specializes in providing shipping services for the international offshore industry. The company operates a fleet of modern multipurpose vessels and supply ships that are used worldwide for oil and gas exploration, production, and transportation. The fleet is specialized in various areas and offers a wide range of services. Solstad Offshore ASA's business model is focused on offering offshore industry services in a cost-effective manner. The company provides services either directly to oil and gas producers and other customers or through long-term contracts with leading companies in the industry. Solstad Offshore ASA has three main areas within its business activities: offshore shipping, technology, and marine. Each of these departments offers specialized services to the international offshore industry. The offshore shipping department of Solstad Offshore ASA offers a comprehensive range of services, including transportation and storage of cargo, pipelines, and construction materials, support for offshore drilling, support for offshore production installations and inspection services, as well as services related to offshore wind farms. The technology department of Solstad Offshore ASA offers services such as ship technology, ship operation technology, and engineering services to the offshore industry. The department specializes in modernizations, conversions, repairs, and maintenance work on ships and equipment. The marine department of Solstad Offshore ASA offers specialized shipping services tailored to the needs of the marine industry. The company provides services such as support and assistance for marine research and development projects, support for offshore operating areas, and marine radio services. In recent years, Solstad Offshore ASA has also developed and provided a wide range of products to meet the offshore industry's need for advanced technology and equipment. For example, the company has developed its own cable laying vessels that can support the installation of underwater cables for offshore wind farms and oil and gas platforms. The company has also developed specialized support vessels for offshore operations to ensure fast and effective assistance in emergencies or other issues. Since its inception, Solstad Offshore ASA has continuously evolved and now offers a wide range of services and products to meet the needs of the offshore industry. The company has become a key player and partner in this industry through its high quality, experience, and innovative approaches, and will continue to play a crucial role in supporting global oil and gas production. Solstad Offshore A ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Solstad Offshore A's P/S Ratio

Solstad Offshore A's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Solstad Offshore A's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Solstad Offshore A's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Solstad Offshore A’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Solstad Offshore A stock

What is the price-to-earnings ratio of Solstad Offshore A?

The price-earnings ratio of Solstad Offshore A is currently 0.48.

How has the price-earnings ratio of Solstad Offshore A changed compared to last year?

The price-to-earnings ratio of Solstad Offshore A has increased by 84.62% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Solstad Offshore A high compared to other companies?

Yes, the price-to-earnings ratio of Solstad Offshore A is high compared to other companies.

How does an increase in the price-earnings ratio of Solstad Offshore A affect the company?

An increase in the price-earnings ratio of Solstad Offshore A would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Solstad Offshore A affect the company?

A decrease in the price-earnings ratio of Solstad Offshore A would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Solstad Offshore A?

Some factors that influence the price-earnings ratio of Solstad Offshore A are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Solstad Offshore A pay?

Over the past 12 months, Solstad Offshore A paid a dividend of 412.69 NOK . This corresponds to a dividend yield of about 1,029.14 %. For the coming 12 months, Solstad Offshore A is expected to pay a dividend of 0 NOK.

What is the dividend yield of Solstad Offshore A?

The current dividend yield of Solstad Offshore A is 1,029.14 %.

When does Solstad Offshore A pay dividends?

Solstad Offshore A pays a quarterly dividend. This is distributed in the months of June, June, June, June.

How secure is the dividend of Solstad Offshore A?

Solstad Offshore A paid dividends every year for the past 2 years.

What is the dividend of Solstad Offshore A?

For the upcoming 12 months, dividends amounting to 0 NOK are expected. This corresponds to a dividend yield of 0 %.

In which sector is Solstad Offshore A located?

Solstad Offshore A is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Solstad Offshore A kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Solstad Offshore A from 6/10/2015 amounting to 3.5 NOK, you needed to have the stock in your portfolio before the ex-date on 5/19/2015.

When did Solstad Offshore A pay the last dividend?

The last dividend was paid out on 6/10/2015.

What was the dividend of Solstad Offshore A in the year 2023?

In the year 2023, Solstad Offshore A distributed 0 NOK as dividends.

In which currency does Solstad Offshore A pay out the dividend?

The dividends of Solstad Offshore A are distributed in NOK.

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Andere Kennzahlen von Solstad Offshore A

Our stock analysis for Solstad Offshore A Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Solstad Offshore A Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.