Loading…
← CockpitCompetitor Analysis › SEA1.OL Sea1 Offshore IncorporationOpen in the cockpit ↗

Sea1 Offshore IncorporationSEA1.OLCompetitor analysis, valuation and peers

Norway · NOK·Industrials›Marine Shipping
Momentum laggard 15
Mkt cap
$406M
US dollars, full cap
Free float
25%
of shares outstanding
$/day
$323,324
20-day average traded
Fwd P/E
4.9×
forward earnings
ROIC−WACC
n/a
WACC 11.5%
Hurdle
n/a
no reverse DCF
Close · NOKNOK 24.55
1D-6.7%
1W-7.0%
1M-12.2%
3M-15.2%
6M-11.5%
YTD+7.7%
1Y+19.8%
ATR %4.7%
52w lowhigh32.5% off high

What Sea1 Offshore Incorporation does

Employees: 756

Sea1 Offshore Incorporation at a glance

Size Sea1 Offshore Incorporation (SEA1.OL) is a Norway Industrials company (Marine Shipping) with a market value of $406M, the 99th largest of 115 Norway companies the cockpit tracks. Shares closed at NOK 24.55 on 6 Nov 2026.

Performance Over six months the shares fell 11.5%, against -12.3% for the median peer and +2.7% for the Norway market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue fell 23.1% over the last twelve months (peer median +20.7%); the operating margin is 36.2% (peer median 11.2%).

Valuation It trades at 4.9× forward earnings against a peer median of 8.5× (3rd cheapest of 14).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026SEA1.OL 89Peer median 87
Six months, rebased to 100: Sea1 Offshore Incorporation against the median of its 20 peers (local-currency closes).

Sea1 Offshore Incorporation financials

Reported figures in NOK; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenuen/aNOK 2.82BNOK 3.67BNOK 3.55BNOK 2.64B
Revenue growth—-23%+3%+35%—
Gross profitn/aNOK 1.30BNOK 1.42BNOK 1.26BNOK 597M
EBITDAn/aNOK 1.55BNOK 1.81BNOK 1.80BNOK 998M
Net incomen/aNOK 1.18BNOK 1.86BNOK 1.84BNOK 297M
Free cash flown/aNOK 433MNOK 845MNOK 1.13BNOK 570M
Capital expendituren/aNOK 897MNOK 569MNOK 354MNOK 240M
Total debtn/aNOK 3.02BNOK 3.99BNOK 4.89BNOK 5.83B

Quarterly statements and history in the cockpit →

Sea1 Offshore Incorporation competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-15%-10%-5%2409ESEA0058802617CMDBS569324001205PANL930826125LY2490000520SHIPFSJ2605600798GOTL-A7786SEA1.OL6-month return →1-month return →
Up and to the right = strong over both horizons. Sea1 Offshore Incorporation is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×20×40×60×2409ESEA0058802617001205PANL5LYSHIPFSJ2605GOTL-A7786SEA1.OLRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Sea1 Offshore Incorporation is the large dot.

Sea1 Offshore Incorporation competitors and peer comparison

How Sea1 Offshore Incorporation compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Sea1 Offshore Incorporation against its 20 peers (data as of 6 Nov 2026)
MeasureSEA1.OLPeer medianRank in peer set
1-month return-12.2%-10.5%7th lowest of 21
6-month return-11.5%-12.3%10th highest of 21
Distance from 52-week high-32.5%-28.1%8th lowest of 21
Revenue growth (TTM)-23.1%+20.7%lowest of 20
Operating margin36.2%11.2%4th highest of 21
Forward P/E4.9×8.5×3rd cheapest of 14
Net debt / EBITDA1.4×1.6×9th least indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Sea1 Offshore Incorporation SEA1.OLNorway$406M-12%-23%36%4.9×n/an/a
Seacon Shipping 2409.HKHong Kong$400M+32%+40%11%6.2×4.8%+12.7%
Euroseas ESEAUnited States$417M-13%+3%59%3.4×n/an/a
Korea Line 005880.KSSouth Korea$420M-30%-19%21%2.9×-12.2%+7.6%
Taiwan Navigation 2617.TWTaiwan$368M-1%+8%40%6.5×-7.9%+11.5%
Costamare Bulkers CMDBUnited States$449M-4%n/a-3%n/a-7.8%n/a
Samudera Shipping Line S56.SISingapore$365M-16%+4%11%n/a-15.6%+10.5%
Yasuda Logistics 9324.TJapan$453M+12%+2%5%n/a12.3%+10.9%
Nanjing Sheng Hang Shipping 001205.SZChina$350M-18%+2%16%15.3×2.6%+24.6%
Pangaea Logistics Solutions PANLUnited States$496M-3%+22%9%7.4×1.6%+10.5%
Inui Global Logistics 9308.TJapan$331M+37%+21%9%n/a7.2%+12.2%
Chinese Maritime Transport 2612.TWTaiwan$329M-1%+2%25%8.5×n/an/a
Marco Polo Marine 5LY.SISingapore$322M-36%+26%32%11.7×-5.4%+31.8%
LC Logistics 2490.HKHong Kong$316M-13%-9%1%n/an/an/a
Phoenix Shipping (Wuhan) 000520.SZChina$527M-12%+78%5%n/an/an/a
Seanergy Maritime SHIPUnited States$306M-15%+32%37%4.9×-2.5%+20.1%
James Fisher and Sons FSJ.LUnited Kingdom$302M-11%-2%6%21.8×9.5%-5.3%
Sincere Navigation 2605.TWTaiwan$548M-11%+22%31%8.9×-18.5%+2.3%
Ningbo Marine 600798.SSChina$575M-12%+39%3%n/a-7.5%+3.5%
Rederiaktiebolaget Gotland GOTL-A.STSweden$582M-16%+42%1%66.5×n/an/a
Dong Fang Offshore 7786.TWTaiwan$583M-19%+52%19%11.4×n/an/a

Questions

Which companies are Sea1 Offshore Incorporation's closest peers?
The cockpit's peer set: Seacon Shipping (2409.HK), Euroseas (ESEA), Korea Line (005880.KS), Taiwan Navigation (2617.TW), Costamare Bulkers (CMDB), Samudera Shipping Line (S56.SI), Yasuda Logistics (9324.T), Nanjing Sheng Hang Shipping (001205.SZ).
Is Sea1 Offshore Incorporation expensive compared with its peers?
On forward p/e it trades at 4.9× against a peer median of 8.5×, 3rd cheapest of 14 in its peer set.
How has Sea1 Offshore Incorporation stock performed?
Over six months to 6 Nov 2026 the shares returned -11.5% against -12.3% for the median peer; over one year +19.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.