Golden Energy Offshore Services AS (GEOUF)

Golden Energy Offshore Services AS (GEOUF) — VMCI valuation read

Golden Energy Offshore Services AS sits at VMCI 37/100, with the Industrials sector median at 50. That 13-point spread is the first thing to note on GEOUF: it tells the reader the composite is unfavorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on GEOUF are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on GEOUF: GEOUF trades at 26.0x earnings, 44% above the Industrials median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 16.0% sits 6.0pp above the Industrials median (10.0%). The Risk read: net debt to EBITDA of -1.5x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

GEOUF rose 3.0% over the trailing 7 days, with a -7.3% read on a 30-day basis.