Risk factor
Poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Founded in Bergen, Norway, in 1914, Odfjell SE is a global provider of transportation and storage services for various bulk liquid goods, including chemicals, acids, edible oils, and other specialized products. The company operates through two primary divisions: Chemical Tankers and Tank Terminals. Its Chemical Tankers segment is responsible for managing a fleet that facilitates both global and regional movement of these liquid cargoes. As of December 31, 2024, this fleet comprised 71 vessels, which included 46 owned or leased, 4 operational bareboat charters, 14 time-chartered, and 3 pool vessels. The Tank Terminals division offers storage solutions for a wide array of chemicals and petroleum products. This network encompasses 459 tanks with a significant total storage capacity of 1.3 million cubic meters. Odfjell SE's operational footprint spans North America, South America, Norway, the Netherlands, the wider European continent, the Middle East, Asia, Africa, and Australasia.
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, undervalued on EV/EBITD
Target Price
The average target price of ODF.OL is 114 and suggests 2% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec