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Reach Subsea ASA (REACH.OL)

NOK4.90 -0.01 (-0.20%)
NO OSL Energy Oil & Gas Equipment & Services
Address GarpeskjAerveien 2 5527
Haugesund, NO
CEO Jostein Alendal
IPO 2000-01-24
ISIN NO0003117202

Explore sections of this company profile

Description

Founded in 1909 and headquartered in Haugesund, Norway, Reach Subsea ASA is a global provider of diverse subsea services. Operating across its Oil & Gas and Renewable/Other divisions, the company caters to the oil and gas, renewable energy, and utilities industries. Its extensive service portfolio includes crucial inspection, maintenance, and repair (IMR) operations for underwater infrastructure, such as structural assessments, WROV deployment, and specialized interventions like SCM changeouts and boulder clearance. Reach Subsea also performs comprehensive asset integrity and pipeline inspection services. The company offers a broad spectrum of survey capabilities, encompassing geophysical, geotechnical, unexploded ordnance (UXO), environmental, hydrographic, and archaeological assessments, complemented by expert engineering and project management. For construction support, they provide vessels, remotely operated vehicles (ROVs), personnel, and dedicated surveys covering seabed intervention, touchdown monitoring, and pre/post-lay inspections. Additionally, Reach Subsea offers offshore personnel contracting and advanced monitoring solutions. These include geophysical monitoring (e.g., real-time seismic tracking and seafloor subsidence assessment) and environmental monitoring services (e.g., CO2 injection and storage, and geothermal resource evaluation). The company operated as Transit Invest ASA before adopting its current name in December 2012.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
NOK4.90 -0.01 (-0.20%)
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Volume Profile
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Liquidity & share structure
Average Volume
314.4K
Beta
-0.16
Float Shares
128.73M
Free Float %
39.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.10% -6.69% -9.77% -7.37% -8.99% -7.24% -20.41% +46.73% +94.43% +263.01% -99.52%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4.90
DCF (Unlevered) 129.32 +2,541.9%
DCF (Levered) 118.95 +2,330.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2025-09 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.17
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
2 / 10
No MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Equipment & Services: +6.7%
    -1.6% Q1'26: -21.1% (vs Q1'25)
  • EPS growth Oil & Gas Equipment & Services: +14.3%
    -51.5% Q1'26: -441.2% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Equipment & Services: +40.2%
    +28.4% Q1'26: -4.8% (vs Q1'25)
  • EBIT margin Oil & Gas Equipment & Services: +10.9%
    +6.4% Q1'26: -33.2% (vs Q1'25)
  • ROIC Oil & Gas Equipment & Services: +6.7%
    +6.4% Q1'26: -26.6% (vs Q1'25)
  • Share dilution Oil & Gas Equipment & Services: +0.3%
    +8.4% Q1'26: +3.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Equipment & Services: 0.32×
    1.75× Q1'26: 5.62× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.13) × ERP
WACC = 51% × Ke + 49% × Kd (6.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 129.32 Current price: 4.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2007
actual
Dec 2008
actual
Dec 2009
actual
Dec 2010
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
1.15B
est: 1.02B (+13.5%)
1.41B
est: 1.27B (+11.2%)
923.28M
est: 868.93M (+6.3%)
809.75M
est: 791.41M (+2.3%)
62.03M
est: 46.96M (+32.1%)
311.05M
est: 305.49M (+1.8%)
634.37M
est: 606.31M (+4.6%)
327.49M
est: 331.71M (-1.3%)
360.16M
est: 329.90M (+9.2%)
675.27M
est: 621.37M (+8.7%)
508.53M
est: 499.48M (+1.8%)
618.87M
est: 655.66M (-5.6%)
673.25M
est: 538.40M (+25.0%)
1.16B
est: 1.07B (+8.5%)
1.97B
est: 1.81B (+8.5%)
2.72B
est: 2.72B (0.0%)
2.67B
est: 2.62B (+2.1%)
2.74B
2.74B – 2.74B
+4.5% YoY
2.87B
2.87B – 2.87B
+5.0% YoY
3.02B
3.02B – 3.02B
+5.0% YoY
EBITDA
189.21M
est: -59.64M (+417.2%)
209.12M
est: -163.31M (+228.1%)
-11.04M
est: -88.84M (+87.6%)
-107.46M
est: -251.47M (+57.3%)
-14.43M
est: -14.95M (+3.5%)
42.55M
est: -109.95M (+138.7%)
27.47M
est: 174.50M (-84.3%)
8.93M
est: 145.62M (-93.9%)
26.85M
est: 144.82M (-81.5%)
245.05M
est: 39.34M (+523.0%)
163.50M
est: 284.11M (-42.5%)
257.78M
est: 287.83M (-10.4%)
320.66M
est: 236.35M (+35.7%)
466.97M
est: 470.05M (-0.7%)
931.80M
est: 84.88M (+997.8%)
1.16B
est: 1.20B (-3.4%)
1.14B
est: 1.16B (-1.3%)
1.21B
1.21B – 1.21B
+4.5% YoY
1.27B
1.27B – 1.27B
+5.0% YoY
1.33B
1.33B – 1.33B
+5.0% YoY
EBIT
18.22M
est: 45.91M (-60.3%)
-36.93M
est: 35.28M (-204.7%)
-192.40M
est: -35.85M (-436.7%)
-264.97M
est: -196.55M (-34.8%)
-17.70M
est: -11.68M (-51.5%)
28.88M
est: -131.42M (+122.0%)
4.44M
est: 70.86M (-93.7%)
-18.28M
est: 38.77M (-147.1%)
-25.69M
est: 38.56M (-166.6%)
388.0K
est: -53.55M (+100.7%)
-24.23M
est: -4.36M (-456.0%)
49.68M
est: 76.63M (-35.2%)
80.85M
est: 62.92M (+28.5%)
113.44M
est: 125.14M (-9.4%)
367.42M
est: -10.41M (+3,628.9%)
352.19M
est: 308.83M (+14.0%)
169.90M
est: 297.65M (-42.9%)
310.91M
310.91M – 310.91M
+4.5% YoY
326.45M
326.45M – 326.45M
+5.0% YoY
342.77M
342.77M – 342.77M
+5.0% YoY
Net Income
-137.27M
est: -10.15M (-1,252.8%)
-115.03M
est: -170.79M (+32.6%)
-227.50M
est: -62.86M (-261.9%)
-311.12M
est: -225.42M (-38.0%)
-15.75M
est: -13.40M (-17.5%)
24.83M
est: -102.14M (+124.3%)
1.39M
est: -21.79M (+106.4%)
-23.21M
est: -109.35M (+78.8%)
-30.76M
est: -36.45M (+15.6%)
-9.66M
est: -59.94M (+83.9%)
-35.71M
est: -13.23M (-169.8%)
43.10M
est: 81.77M (-47.3%)
93.81M
est: 125.74M (-25.4%)
72.19M
est: 90.44M (-20.2%)
225.79M
est: -22.78M (+1,091.3%)
205.44M
est: 293.19M (-29.9%)
108.10M
est: 243.94M (-55.7%)
111.62M
111.62M – 111.62M
-54.2% YoY
158.13M
158.13M – 158.13M
+41.7% YoY
195.34M
195.34M – 195.34M
+23.5% YoY
SGA
794.70M
est: 67.44M (+1,078.4%)
est: 306.54M (-100.0%)
est: 71.22M (-100.0%)
805.90M
est: 64.87M (+1,142.3%)
12.49M
est: 3.85M (+224.4%)
22.44M
est: 25.04M (-10.4%)
48.44M
est: 453.51M (-89.3%)
26.21M
est: 283.51M (-90.8%)
34.66M
est: 247.05M (-86.0%)
49.66M
est: 246.99M (-79.9%)
53.59M
est: 172.01M (-68.8%)
61.82M
est: 53.74M (+15.0%)
56.85M
est: 44.13M (+28.8%)
122.26M
est: 87.77M (+39.3%)
113.27M
est: 97.59M (+16.1%)
170.23M
est: 244.52M (-30.4%)
373.99M
est: 235.67M (+58.7%)
246.17M
246.17M – 246.17M
+4.5% YoY
258.47M
258.47M – 258.47M
+5.0% YoY
271.39M
271.39M – 271.39M
+5.0% YoY
EPS
-100.83
est: -2.94 (-3,328.5%)
-90.14
est: -85.26 (-5.7%)
-682.43
est: -149.71 (-355.8%)
-4.62
est: -247.47 (+98.1%)
-0.25
est: -0.17 (-44.9%)
0.32
est: 0.28 (+13.0%)
0.02
est: -0.07 (+127.2%)
-0.28
est: -0.36 (+22.6%)
-0.22
est: -0.12 (-82.3%)
-0.07
est: -0.03 (-98.8%)
-0.25
est: -0.12 (-113.7%)
0.31
est: 0.27 (+14.5%)
0.65
est: 0.42 (+56.2%)
0.35
est: 0.30 (+16.9%)
0.89
est: 0.59 (+49.7%)
0.75
est: 0.90 (-16.2%)
0.34
est: 0.74 (-54.3%)
0.34
0.34 – 0.34
-54.2% YoY
0.48
0.48 – 0.48
+41.7% YoY
0.60
0.60 – 0.60
+23.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-05-07 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-05-06 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-05-05 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-05-04 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-04-30 B- 3/5 1/5 4/5 4/5 1/5 2/5 3/5
2026-04-29 B- 3/5 1/5 4/5 4/5 1/5 2/5 3/5
2026-04-28 B- 3/5 1/5 4/5 4/5 1/5 2/5 3/5
2026-04-27 B- 3/5 1/5 4/5 4/5 1/5 2/5 3/5
2026-04-24 B- 3/5 1/5 4/5 4/5 1/5 2/5 3/5
2026-04-23 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-22 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-21 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-20 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-17 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-16 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
353.12M
OE per share TTM
1.09
Owner's Yield
16.71%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
62.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 8 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree International SmallCap Dividend Fund DLS 0.05% 508.6K 0.58%
2 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.05% 207.9K 0.48%
3 WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE 0.05% 41.5K 0.38%
4 WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L 0.05% 41.5K 0.38%
5 Dimensional International Sustainability Core 1 ETF DFSI 0.00% 11.1K 0.24%
6 Dimensional - International Core Equity 2 ETF DFIC 0.00% 48.8K 0.22%
7 Dimensional - International Small Cap ETF DFIS 0.00% 18.5K 0.39%
8 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 27.8K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
387.9K
Shares Outstanding
327.38M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Inge Grutle Chief Operating Officer 3M male
Audun Brandtzaeg Chief Technology Officer 3M male
Bard Thuen Hogheim Chief Commercial Officer 3M male
Arne Joa Chief Financial Officer 3M male
Jostein Alendal Chief Executive Officer & MD 3M male
Sven Magne Storesund Asset Manager male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits