Discounted Cash Flow Calculation for OB:AGS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
Axxis Geo Solutions
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
Note: Free cash flow to equity valuations ignore the company's cash or debt.
OB:AGS DCF 1st Stage: Next 10 year cash flow forecast
Amount off the current price
Axxis Geo Solutions
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
Axxis Geo Solutions
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
Axxis Geo Solutions's share price is below the future cash flow value, and at a moderate discount (> 20%).
Axxis Geo Solutions's share price is below the future cash flow value, and at a substantial discount (> 40%).
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
Axxis Geo Solutions's
is considered below, and whether this is a fair price.
Price based on past earnings
Axxis Geo Solutions's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Axxis Geo Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Axxis Geo Solutions
expected to grow at an
Unable to compare Axxis Geo Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Axxis Geo Solutions's earnings growth to the Norway market average as no estimate data is available.
Unable to compare Axxis Geo Solutions's revenue growth to the Norway market average as no estimate data is available.
Unable to determine if Axxis Geo Solutions is high growth as no earnings estimate data is available.
Unable to determine if Axxis Geo Solutions is high growth as no revenue estimate data is available.
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.
All data from Axxis Geo Solutions Company Filings, last reported 4 months ago, and in
Trailing twelve months (TTM)
annual period rather than quarterly.
OB:AGS Past Financials Data
Date (Data in NOK Millions)
*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 Axxis Geo Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Examine whether Axxis Geo Solutions is trading at Axxis Geo Solutions'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
Axxis Geo Solutions's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Axxis Geo Solutions
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Axxis Geo Solutions's finances.
The net worth of a company is the difference between its assets and liabilities.
Axxis Geo Solutions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Axxis Geo Solutions's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Axxis Geo Solutions'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 2.5x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
Mr. Lee Parker is President and Chief Executive Officer of Axxis Geo Solutions AS. Mr. Parker served as an Executive Vice President of Operations of Geokinetics Inc. since March 01, 2009. Mr. Parker served as an Executive Vice President of International Operations at Geokinetics Inc. from September 1, 2007 to February 2009. He was responsible for managing Geokinetics Inc.'s world-wide seismic data acquisition operations. He has over 15 years of technical and managerial experience in the seismic industry. He served as the Vice President of Acquisition Technology & Support for Geokinetics Inc. since September 8, 2006. Mr. Parker joined Geokinetics in September 2006 through the acquisition of Grant Geophysical Inc., where he spent over 14 years in various technical and managerial roles in Europe, Africa, South America, and the United States. He served as the Vice President of Technology and Support at Grant Geophysical Inc. since March 2001. During the period September 1993 to March 2001, he served in various technical and managerial roles for Grant in Europe, Africa, South America and the United States. He worked for Southtrim Autoclaves Ltd., for five years. Mr. Parker holds a Bachelors degree in Electronic Engineering from the University of Southampton.
Insufficient data for Lee to compare compensation growth.
Insufficient data for Lee to establish whether their remuneration is reasonable compared to companies of similar size in Norway.
President & CEO
Chief Financial Officer
Executive Vice President of Operations
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Axxis Geo Solutions ASA operates as an ocean bottom node seismic company. The company delivers tailored seismic solutions; and provides flexible hands-on project management and execution services. The company was founded in 2006 and is based in Ulsteinvik, Norway.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.