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Hermitage Offshore Services

DB:A2PLZF
Snowflake Description

High growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A2PLZF
DB
$16M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Hermitage Offshore Services Ltd. operates as an offshore support vessel company. The last earnings update was 71 days ago. More info.


Add to Portfolio Compare Print
  • Hermitage Offshore Services has significant price volatility in the past 3 months.
A2PLZF Share Price and Events
7 Day Returns
-23%
DB:A2PLZF
0.2%
Europe Energy Services
0.1%
DE Market
1 Year Returns
-91.8%
DB:A2PLZF
-17.8%
Europe Energy Services
8.8%
DE Market
A2PLZF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hermitage Offshore Services (A2PLZF) -23% - - -91.8% -98.1% -99.5%
Europe Energy Services 0.2% 5.8% 8.2% -17.8% -33.4% -79.8%
DE Market 0.1% 5.9% 15% 8.8% 14.5% 21%
1 Year Return vs Industry and Market
  • A2PLZF underperformed the Energy Services industry which returned -17.8% over the past year.
  • A2PLZF underperformed the Market in Germany which returned 8.8% over the past year.
Price Volatility
A2PLZF
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Hermitage Offshore Services's competitors could be found in our database.

A2PLZF Value

 Is Hermitage Offshore Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hermitage Offshore Services. This is due to cash flow or dividend data being unavailable. The share price is €0.52.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hermitage Offshore Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hermitage Offshore Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:A2PLZF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-19.93
NYSE:PSV Share Price ** NYSE (2019-11-14) in USD $0.63
Europe Energy Services Industry PE Ratio Median Figure of 29 Publicly-Listed Energy Services Companies 16.72x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hermitage Offshore Services.

DB:A2PLZF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:PSV Share Price ÷ EPS (both in USD)

= 0.63 ÷ -19.93

-0.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hermitage Offshore Services is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Hermitage Offshore Services is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Hermitage Offshore Services's expected growth come at a high price?
Raw Data
DB:A2PLZF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.03x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
94.4%per year
Europe Energy Services Industry PEG Ratio Median Figure of 19 Publicly-Listed Energy Services Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hermitage Offshore Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hermitage Offshore Services's assets?
Raw Data
DB:A2PLZF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $2.72
NYSE:PSV Share Price * NYSE (2019-11-14) in USD $0.63
Europe Energy Services Industry PB Ratio Median Figure of 67 Publicly-Listed Energy Services Companies 0.73x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:A2PLZF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:PSV Share Price ÷ Book Value per Share (both in USD)

= 0.63 ÷ 2.72

0.23x

* Primary Listing of Hermitage Offshore Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hermitage Offshore Services is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Hermitage Offshore Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Hermitage Offshore Services has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

A2PLZF Future Performance

 How is Hermitage Offshore Services expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
94.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hermitage Offshore Services expected to grow at an attractive rate?
  • Hermitage Offshore Services's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Hermitage Offshore Services's earnings growth is expected to exceed the Germany market average.
  • Hermitage Offshore Services's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:A2PLZF Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:A2PLZF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 94.4%
DB:A2PLZF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 23.3%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 35.5%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 8.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:A2PLZF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:A2PLZF Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 83 34 21 1
2021-12-31 74 24 12 1
2020-12-31 65 16 4 1
2019-12-31 49 3 -8 1
2019-11-14
DB:A2PLZF Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 30 -189
2019-03-31 22 -21 -195
2018-12-31 21 -22 -197
2018-09-30 18 -23 -36
2018-06-30 18 -23 -34
2018-03-31 17 -16 -30
2017-12-31 18 -14 -29
2017-09-30 17 -17 -31
2017-06-30 15 -17 -34
2017-03-31 16 -18 -34
2016-12-31 18 -16 -32
2016-09-30 22 -13 -27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hermitage Offshore Services's earnings are expected to grow significantly at over 20% yearly.
  • Hermitage Offshore Services's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:A2PLZF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Hermitage Offshore Services Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:A2PLZF Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 1.13 1.13 1.13 1.00
2021-12-31 0.64 0.64 0.64 1.00
2020-12-31 0.20 0.20 0.20 1.00
2019-12-31 -0.51 -0.51 -0.51 1.00
2019-11-14
DB:A2PLZF Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -19.93
2019-03-31 -29.74
2018-12-31 -31.50
2018-09-30 -5.86
2018-06-30 -5.43
2018-03-31 -4.89
2017-12-31 -5.33
2017-09-30 -6.90
2017-06-30 -9.78
2017-03-31 -14.26
2016-12-31 -15.35
2016-09-30 -12.47

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hermitage Offshore Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hermitage Offshore Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hermitage Offshore Services has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

A2PLZF Past Performance

  How has Hermitage Offshore Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hermitage Offshore Services's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hermitage Offshore Services does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Hermitage Offshore Services's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hermitage Offshore Services's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Hermitage Offshore Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hermitage Offshore Services Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:A2PLZF Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 29.72 -188.91 5.24
2019-03-31 21.81 -195.02 4.73
2018-12-31 20.65 -197.29 4.76
2018-09-30 17.68 -36.36 4.06
2018-06-30 17.77 -33.71 4.06
2018-03-31 17.21 -30.36 4.17
2017-12-31 17.90 -29.33 4.22
2017-09-30 16.89 -30.79 4.26
2017-06-30 14.92 -33.67 4.56
2017-03-31 16.35 -34.32 4.62
2016-12-31 17.70 -32.15 4.50
2016-09-30 22.17 -26.76 4.50
2016-06-30 26.08 -21.22 4.16
2016-03-31 32.29 -14.24 4.13
2015-12-31 36.37 -10.84 4.26
2015-09-30 39.49 -8.13 2.95
2015-06-30 45.69 -2.20 4.54
2015-03-31 49.02 2.34 4.76
2014-12-31 52.79 6.93 5.82
2013-12-31 7.68 -0.42 2.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Hermitage Offshore Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hermitage Offshore Services has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Hermitage Offshore Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Hermitage Offshore Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hermitage Offshore Services has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

A2PLZF Health

 How is Hermitage Offshore Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hermitage Offshore Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hermitage Offshore Services's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Hermitage Offshore Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hermitage Offshore Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hermitage Offshore Services Company Filings, last reported 4 months ago.

DB:A2PLZF Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 54.87 141.91 10.88
2019-03-31 46.85 132.55 2.40
2018-12-31 54.06 132.46 8.45
2018-09-30 218.43 134.63 6.60
2018-06-30 226.83 136.11 11.68
2018-03-31 237.54 136.64 23.30
2017-12-31 248.27 136.55 31.51
2017-09-30 257.88 136.46 35.31
2017-06-30 264.88 136.37 40.49
2017-03-31 274.29 136.28 46.88
2016-12-31 234.20 136.19 2.95
2016-09-30 244.65 131.10 3.67
2016-06-30 254.43 132.00 8.64
2016-03-31 263.64 62.00 6.25
2015-12-31 280.86 45.83 5.34
2015-09-30 290.87 42.00 7.43
2015-06-30 300.58 37.00 5.00
2015-03-31 305.78 35.00 5.89
2014-12-31 319.23 0.00 46.40
2013-12-31 243.32 0.00 109.82
  • Hermitage Offshore Services's level of debt (258.6%) compared to net worth is high (greater than 40%).
  • Unable to establish if Hermitage Offshore Services's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Hermitage Offshore Services has less than a year of cash runway based on current free cash flow.
  • Hermitage Offshore Services has less than a year of cash runway if free cash flow continues to reduce at historical rates of -60.3% each year.
X
Financial health checks
We assess Hermitage Offshore Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hermitage Offshore Services has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

A2PLZF Dividends

 What is Hermitage Offshore Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hermitage Offshore Services dividends.
If you bought €2,000 of Hermitage Offshore Services shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hermitage Offshore Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hermitage Offshore Services's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:A2PLZF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 4.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:A2PLZF Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-11-14
DB:A2PLZF Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-09-04 0.000 0.000
2019-06-06 0.000 0.000
2019-05-15 0.000 0.000
2019-03-04 0.000 0.000
2018-11-16 0.000 0.000
2018-08-10 0.000 0.000
2018-05-15 0.000 0.000
2018-02-08 0.800 6.963
2017-11-10 0.800 6.460
2017-08-03 0.800 5.980
2017-05-02 0.800 7.007
2017-03-07 0.800 7.791
2017-02-21 1.200 9.138
2016-11-15 1.200 4.244
2016-08-04 2.000 5.494
2016-04-27 3.200 6.678
2016-01-25 4.800 10.659
2015-10-15 6.000 11.769
2015-07-21 6.800 10.426
2015-04-29 6.800 8.004
2015-01-07 18.000 18.140
2014-10-20 18.000 13.497
2014-07-31 18.000 10.075

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hermitage Offshore Services has not reported any payouts.
  • Unable to verify if Hermitage Offshore Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hermitage Offshore Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hermitage Offshore Services has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hermitage Offshore Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hermitage Offshore Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hermitage Offshore Services has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

A2PLZF Management

 What is the CEO of Hermitage Offshore Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Emanuele Lauro
AGE 40
TENURE AS CEO 0.9 years
CEO Bio

Mr. Emanuele A. Lauro is the Chairman and Chief Executive Officer of Nordic American Offshore Ltd. since December 11, 2018 and serves as its Secretary. He is a Co-Founder of Scorpio Bulkers Inc. and has been its Chairman and Chief Executive Officer since April 9, 2013 and July 1, 2013 respectively. Mr. Lauro is the Founder of Scorpio Tankers Inc., and has been its Chairman and Chief Executive Officer since April 6, 2010. He joined Scorpio Group in 2003 and has been its Chief Executive Officer since 2004. He has been the Vice President of the Chamber of Shipping of Monaco since 2006. He was the Founder of RockTree Logistics Pte. Ltd. Over the course of the last six years, he has founded and developed the Scorpio Aframax Tanker Pool, Scorpio Panamax Tanker Pool and the Scorpio Handymax Tanker Pool which employ 10, 20 and 27 vessels, respectively, from Scorpio Group and third party participants. Mr. Lauro also founded Scorpio Logistics in May 2007. Furthermore, he formed a joint venture with Koenig & cie., Scorship Navigation, in August 2005 which engages in the identification, placement and management of certain international shipping investments on behalf of German investors. In addition, he developed a joint venture company, Crewtech Philippines, in May 2007 which screens, trains and manages vessel staff for various third party owners of drybulk and tanker vessels. He serves as a Director of Scorpio Tankers Inc. He serves as a Director of United Shippers Limited. He has been a Director of Scorpio Bulkers Inc. since April 9, 2013. Mr. Lauro has a degree in international business from the European Business School, London.

CEO Compensation
  • Insufficient data for Emanuele to compare compensation growth.
  • Insufficient data for Emanuele to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Hermitage Offshore Services management team in years:

0.9
Average Tenure
54
Average Age
  • The average tenure for the Hermitage Offshore Services management team is less than 2 years, this suggests a new team.
Management Team

Emanuele Lauro

TITLE
Chairman
AGE
40
TENURE
0.9 yrs

Robert Bugbee

TITLE
President & Director
AGE
59
TENURE
0.9 yrs

Christopher Avella

TITLE
Chief Financial Officer
TENURE
0.4 yrs

Cam Mackey

TITLE
COO & Director
AGE
51
TENURE
0.9 yrs

Frithjof Bettum

TITLE
Senior Vice President of Technical Operations
AGE
57

Tallak Strandenaes

TITLE
Chief Commercial Officer
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Hermitage Offshore Services board of directors in years:

0.9
Average Tenure
57
Average Age
  • The average tenure for the Hermitage Offshore Services board of directors is less than 3 years, this suggests a new board.
Board of Directors

Emanuele Lauro

TITLE
Chairman
AGE
40
TENURE
0.9 yrs

Robert Bugbee

TITLE
President & Director
AGE
59
TENURE
0.9 yrs

Cam Mackey

TITLE
COO & Director
AGE
51
TENURE
0.3 yrs

Marianne Økland

TITLE
Independent Director
AGE
57
TENURE
0.8 yrs

Paul Hopkins

TITLE
Independent Director
AGE
72
TENURE
6.1 yrs

Marianne Lie

TITLE
Director
AGE
57
TENURE
5.9 yrs

Dave Workman

TITLE
Director
AGE
59
TENURE
5.9 yrs

Bjarte Boe

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
28. Oct 19 Buy Scorpio Holdings Limited Company 24. Oct 19 24. Oct 19 1,178,054 €0.96 €1,126,530
18. Apr 19 Buy Scorpio Offshore Holding Inc. Company 08. Apr 19 10. Apr 19 8,126,219 €2.47 €20,046,461
18. Apr 19 Buy Scorpio Ship Management S.A.M. Company 03. Apr 19 10. Apr 19 1,681,721 €2.70 €4,162,782
21. Dec 18 Buy Scorpio Ship Management S.A.M. Company 07. Dec 18 07. Dec 18 1,175,475 €3.73 €4,387,000
X
Management checks
We assess Hermitage Offshore Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hermitage Offshore Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

A2PLZF News

Simply Wall St News

A2PLZF Company Info

Description

Hermitage Offshore Services Ltd. operates as an offshore support vessel company. As of June 6, 2019, it had a fleet of 23 vessels, including 10 platform supply vessels, 2 anchor handling tug supply vessels, and 11 crew boats. The company’s vessels primarily operate in the North Sea or the West Coast of Africa. The company was formerly known as Nordic American Offshore Ltd. and changed its name to Hermitage Offshore Services Ltd. in June 2019. Hermitage Offshore Services Ltd. was founded in 2013 and is based in Hamilton, Bermuda.

Details
Name: Hermitage Offshore Services Ltd.
A2PLZF
Exchange: DB
Founded: 2013
$14,620,879
22,518,206
Website: http://www.hermitage-offshore.com
Address: Hermitage Offshore Services Ltd.
LOM Building,
27 Reid Street,
Hamilton,
HM 11,
Bermuda
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE PSV Common Shares New York Stock Exchange US USD 14. May 2014
DB A2PLZF Common Shares Deutsche Boerse AG DE EUR 14. May 2014
DB N5O COM USD0.01 Deutsche Boerse AG DE EUR 14. Nov 2019
Number of employees
Current staff
Staff numbers
7
Hermitage Offshore Services employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 22:22
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2019/04/23
Last earnings filing: 2019/09/04
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.