Viking Supply Ships AB Class B (VSSAB.B) AI Stock Analysis

• Market Cap: €1.51B
• Dividend Yield: N/A
• Average Volume (3M): 617.00
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.01
• Revenue Growth: -3.65%
• EPS Growth: N/A
• Country: SE
• Employees: 148
• Sector: Services
• Sector Strength: N/A
• Industry: Marine Shipping
• EPS (TTM): 6.61
• Shares Outstanding: 12,533,704
• 10 Day Avg. Volume: 460
• 30 Day Avg. Volume: 617
• PEG Ratio: -0.05
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 1.79
• P/FCF Ratio: 22.94
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: kr124.00 ▲(9.25% Upside)

The overall stock score of 66 reflects a balanced view of Viking Supply Ships AB Class B. The company's financial performance shows recovery signs, but profitability and cash flow remain concerns. Technical analysis indicates positive momentum, while valuation is moderate. The absence of dividend yield and earnings call data limits further insights.

Viking Supply Ships AB Class B Business Overview & Revenue Model

Company Description

Viking Supply Ships AB Class B (VSSAB.B) is a Swedish shipping company focused on providing maritime services primarily in the oil and gas sector. The company operates a fleet of specialized vessels, including anchor handling tug supply (AHTS) ships, platform supply vessels (PSVs), and ice-class vessels, catering to offshore operations in harsh environments. VSSAB.B is committed to delivering reliable and efficient services, emphasizing safety and environmental sustainability in its operations.

How the Company Makes Money

Viking Supply Ships AB generates revenue primarily through the chartering of its vessels to oil and gas companies for offshore exploration and production activities. The company enters into long-term and short-term contracts, which provide a steady income stream based on vessel utilization rates. Key revenue streams include day rates from vessel charters, additional services such as crew management and maintenance, and specialized operations in challenging environments like the Arctic. Significant partnerships with major oil operators and participation in joint ventures further bolster its earnings potential, enhancing its market presence and operational capabilities.

Viking Supply Ships AB Class B Financial Statement Overview

Summary

Viking Supply Ships AB Class B shows strong revenue growth and operational improvements, but profitability challenges persist. The balance sheet is solid with strong equity backing, although recent net losses affect return metrics. Cash flow management shows improvement, though inconsistencies in free cash flow highlight potential volatility.

Income Statement

The company shows a positive trajectory in revenue growth with a significant increase from the previous periods. However, profitability is a concern as the TTM net income turned negative, resulting in a negative net profit margin. The EBIT margin shows improvement in the TTM period, indicating better operational efficiency, but the EBITDA margin has decreased compared to the previous year.

Balance Sheet

The company's financial stability is fairly strong with a good equity ratio and low leverage, as indicated by a manageable debt-to-equity ratio. Return on equity is negative in the TTM period due to negative net income, but the overall equity position remains robust.

Cash Flow

The company's cash flow position is mixed. The operating cash flow to net income ratio is healthy, suggesting good cash generation relative to earnings. The free cash flow has increased significantly in the TTM period, showing improvement, but fluctuations in free cash flow growth and potential over-reliance on financing activities pose risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	767.00M	679.00M	607.15M	577.02M	311.49M	285.93M
Gross Profit	296.00M	231.00M	143.70M	90.16M	-41.49M	-108.18M
EBITDA	191.00M	226.90M	28.71M	97.66M	-43.48M	-110.86M
Net Income	17.00M	111.00M	-88.39M	7.96M	-117.90M	-191.07M
Balance Sheet
Total Assets	2.70B	2.99B	2.79B	2.13B	1.85B	1.69B
Cash, Cash Equivalents and Short-Term Investments	47.00M	158.00M	171.51M	159.43M	114.67M	123.84M
Total Debt	571.00M	716.00M	770.36M	10.78M	8.78M	3.40M
Total Liabilities	737.00M	818.00M	902.31M	119.58M	98.31M	82.04M
Stockholders Equity	1.96B	2.17B	1.89B	2.02B	1.75B	1.61B
Cash Flow
Free Cash Flow	49.00M	52.90M	-67.17M	54.31M	-75.48M	-83.09M
Operating Cash Flow	104.00M	60.46M	52.99M	81.80M	-57.11M	-62.88M
Investing Cash Flow	-227.00M	-118.85M	-129.85M	-33.97M	-57.39M	-28.25M
Financing Cash Flow	-13.00M	-100.51M	91.79M	-4.77M	97.52M	-4.92M

Viking Supply Ships AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 113.50
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:VSSAB.B, the sentiment is Positive. The current price of 113.5 is above the 20-day moving average (MA) of 112.63, above the 50-day MA of 112.60, and above the 200-day MA of 109.61, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 52.69 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:VSSAB.B.

Viking Supply Ships AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VSSAB.B	―	€1.51B	19.07	4.35%	―	-3.65%	―
SVIK	―	€2.28B	226.22	2.69%	0.72%	3.95%	-80.76%
Sector *	―	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SALT.B	―	kr1.43B	―	-39.65%	―	-1.27%	-29.29%
ELTEL	―	€1.37B	―	-1.65%	―	-6.41%	90.48%