Constellation Oil Services Holding S.A.

OB:COSH Stock Report

Market Cap: NOK 11.9b

Constellation Oil Services Holding Valuation

Is COSH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of COSH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: COSH (NOK141) is trading below our estimate of future cash flow value (NOK657.25)

Significantly Below Future Cash Flow Value: COSH is trading below future cash flow value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for COSH?

Key metric: As COSH is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for COSH. This is calculated by dividing COSH's market cap by their current revenue.
What is COSH's PS Ratio?
PS Ratio1.9x
SalesUS$676.12m
Market CapUS$1.25b

Price to Sales Ratio vs Peers

How does COSH's PS Ratio compare to its peers?

The above table shows the PS ratio for COSH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
PLSV Paratus Energy Services
5.2x4.28%NOK 7.6b
ODL Odfjell Drilling
2.3x1.94%NOK 21.1b
VTURA Ventura Offshore Holding
1.1x8.25%NOK 3.1b
OTL Odfjell Technology
0.4x3.88%NOK 2.5b
COSH Constellation Oil Services Holding
1.9x3.41%NOK 11.9b

Price-To-Sales vs Peers: COSH is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (2.2x).


Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Sales Ratio vs Industry

How does COSH's PS Ratio compare vs other companies in the NO Energy Services Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
EMGS Electromagnetic Geoservices
0.1xn/aUS$2.53m
No more companies available in this PS range
COSH 1.9xIndustry Avg. 1.6xNo. of Companies5PS00.81.62.43.24+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: COSH is expensive based on its Price-To-Sales Ratio (1.9x) compared to the Norwegian Energy Services industry average (1.6x).


Price to Sales Ratio vs Fair Ratio

What is COSH's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

COSH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ratio0.6x

Price-To-Sales vs Fair Ratio: COSH is expensive based on its Price-To-Sales Ratio (1.9x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst COSH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 141.00
NOK 186.00
+31.92%
5.30%NOK 200.80NOK 173.03n/a4
Jun ’27NOK 148.00
NOK 180.95
+22.26%
5.16%NOK 195.15NOK 168.89n/a4
May ’27NOK 144.00
NOK 174.42
+21.13%
5.83%NOK 186.53NOK 161.67n/a3
Apr ’27NOK 135.96
NOK 170.33
+25.28%
2.94%NOK 175.34NOK 165.33n/a2
Mar ’27NOK 130.00
NOK 144.88
+11.45%
2.92%NOK 149.11NOK 140.65n/a2
Feb ’27NOK 118.00
NOK 152.44
+29.19%
1.54%NOK 154.79NOK 150.09n/a2
Jan ’27NOK 119.00
NOK 152.44
+28.10%
1.54%NOK 154.79NOK 150.09n/a2
Dec ’26NOK 111.00
NOK 133.56
+20.32%
12.30%NOK 149.99NOK 117.13n/a2
NOK 186
Fair Value
24.2% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 12:07
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Constellation Oil Services Holding S.A. is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristian AarliDNB Carnegie
Truls OlsenFearnley Securities
Nicolai TørnfeldtFearnley Securities