Risk factor
Negligible price volatility
Profitability factor
Excellent growth
About
DOF Group ASA, together with its subsidiaries, owns and operates a fleet of supply and subsea vessels. It operates a fleet of platform supply vessels (PSVs) that are used to transport oilfield products and supplies to offshore drilling and production facilities; anchor handling tug supply (AHTS) vessels used to set anchors for drilling rigs, and tow mobile drilling rigs and equipment from one location to another; and subsea vessels. The company also provides subsea services, including project management, engineering, construction and installation, life-of-field, decommissioning/field abandonment, and survey and positioning, as well as inspection, repair, and maintenance services. In addition, it offers marine management services, such as chartering, crewing, mobilization, maintenance, refurbishment, project and new building, and compliance services. The company operates a fleet of 11 PSVs, 15 AHTSs, and 28 subsea vessels, as well as 72 remotely operated vehicles and autonomous underwater vehicles. It operates in Brazil, the United States, Australia, the United Kingdom, Norway, Angola, Canada, the Philippines, Argentina, the Netherlands, Singapore, and internationally. The company was founded in 1981 and is headquartered in Storebø, Norway.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA, reasonably priced
Target Price
The average target price of DOFG.OL is 143 and suggests 6% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
