-0.67%
-2.79%
-7.50%
-28.16%
-18.90%
232.58%
328.99%
AI Spotlight on ODF
Company Description
Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products.The company operates Chemical Tankers and Tank Terminals segments.It owns and operates chemical tankers that offers global and regional transportation; and tank terminals, which provides storage of various chemical and petroleum products.
As of December 31, 2021, it operated a chemical tanker fleet of 93 vessels, including 50 owned, six bareboat chartered, 13 time chartered vessels, and 24 pool vessels.The company's terminal network comprises of 469 tanks with 1.3 million cubic meters of storage capacity.It operates in Norway, the Netherlands, rest of Europe, North America, South America, the Middle East, Asia, Australasia, and Africa.
Odfjell SE was founded in 1914 and is headquartered in Bergen, Norway.
Market Data
| Last Price | 118.4 |
| Change Percentage | -0.67% |
| Open | 120.4 |
| Previous Close | 119.2 |
| Market Cap ( Millions) | 8486 |
| Volume | 36842 |
| Year High | 200 |
| Year Low | 102 |
| M A 50 | 114.61 |
| M A 200 | 146 |
Financial Ratios
| FCF Yield | 43.25% |
| Dividend Yield | 14.51% |
| ROE | 32.50% |
| Debt / Equity | 119.35% |
| Net Debt / EBIDTA | 176.29% |
| Price To Book | 0.93 |
| Price Earnings Ratio | 3.0 |
| Price To FCF | 2.31 |
| Price To sales | 0.61 |
| EV / EBITDA | 3.2 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Chemical Tankers
Expected Growth : 2.5 %
What the company do ?
Odfjell SE's Chemical Tankers segment provides transportation services for chemicals, offering a fleet of stainless steel and coated vessels for safe and efficient cargo handling.
Why we expect these perspectives ?
Odfjell SE's Chemical Tankers segment growth of 2.5% is driven by increasing demand for specialty chemicals, expansion in the global chemical trade, and a growing need for eco-friendly and sustainable transportation solutions. Additionally, the company's modern fleet and operational efficiency improvements contribute to the segment's growth.
Segment n°2 -> Tank Terminals
Expected Growth : 2.8 %
What the company do ?
Odfjell SE's Tank Terminals provide storage and logistics services for chemicals, petroleum products, and other liquids at strategic locations worldwide.
Why we expect these perspectives ?
Odfjell SE's Tank Terminals segment growth of 2.8% is driven by increasing demand for storage and handling of specialty chemicals, growth in the global chemical trade, and strategic expansion into high-growth markets. Additionally, investments in digitalization and operational efficiency have improved terminal productivity, contributing to the segment's growth.
Segment n°3 -> Eliminations
Expected Growth : 0.5 %
What the company do ?
Eliminations from Odfjell SE refers to the removal of inter-company transactions and balances to present a consolidated financial statement, eliminating the effects of internal transactions.
Why we expect these perspectives ?
Odfjell SE's 0.5% growth is driven by increased demand for chemical tanker services, improved operational efficiency, and strategic cost reductions. Additionally, the company's focus on sustainability and digitalization initiatives has contributed to the growth. Furthermore, Odfjell SE's diversified revenue streams and strong relationships with key customers have also supported the growth.
Odfjell Se Products
| Product Range | What is it ? |
|---|---|
| Chemical Tankers | Odfjell SE operates a fleet of chemical tankers that transport a wide range of chemicals, including hazardous and non-hazardous cargoes. |
| Product Tankers | Odfjell SE's product tankers transport refined petroleum products, such as gasoline, diesel, and jet fuel. |
| Ship Management | Odfjell SE provides ship management services, including technical management, crew management, and commercial management. |
| Terminal Services | Odfjell SE operates terminals for the storage and handling of chemicals and petroleum products. |
| Logistics Services | Odfjell SE provides logistics services, including customs clearance, freight forwarding, and supply chain management. |
Odfjell SE's Porter Forces
Threat Of Substitutes
The threat of substitutes for Odfjell SE is moderate due to the availability of alternative transportation services and the ease of switching costs for customers.
Bargaining Power Of Customers
The bargaining power of customers is low due to the specialized nature of Odfjell SE's services and the lack of alternative providers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the availability of alternative suppliers and the importance of maintaining relationships with key suppliers.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the shipping industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the shipping industry, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 57.33% |
| Debt Cost | 5.40% |
| Equity Weight | 42.67% |
| Equity Cost | 5.40% |
| WACC | 5.40% |
| Leverage | 134.35% |
Odfjell SE : Quality Control
Odfjell SE passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| BELCO.OL | Belships ASA owns and operates dry bulk ships worldwide. It operates through Own Ships, Lighthouse Naviagtion, and Ship Management segments. The company operates a fleet of 34 Supra/Ultramax bulk carriers. … |
| CKN.L | Clarkson PLC provides integrated shipping services worldwide. The company operates through four segments: Broking, Financial, Support, and Research. The Broking segment offers services to ship owners and charterers in the … |
| PXSAP | Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, … |
| DAC | Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to … |
| ESEA | Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of May 03, 2022, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Danaos
A-Score
1-Year Total Return ->
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Pyxis Tankers
A-Score
1-Year Total Return ->
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Clarkson
A-Score
1-Year Total Return ->
4
Odfjell
A-Score
1-Year Total Return ->
5
Belships
A-Score
1-Year Total Return ->
6
