Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Philly Shipyard ASA operates as a commercial shipyard that builds and repairs vessels for the United States Jones Act market and government. It owns a shipbuilding facility, which provides ocean-going merchant vessels, including containerships, product tankers, and aframax tankers. The company was formerly known as Aker Philadelphia Shipyard ASA and changed its name to Philly Shipyard ASA in November 2015. The company was founded in 1997 and is headquartered in Oslo, Norway. Philly Shipyard ASA is a subsidiary of Aker Capital ASA.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, overpriced on P/FC.
