Reach Subsea ASA (FRA:4RS) Net Margin %: -34.67% (As of Mar. 2026)


FRA:4RS Reach Subsea ASA FRA:4RS
82 GF Score
Price €0.45
GF Value €0.57
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Reach Subsea ASA Net Margin %?

Reach Subsea ASA FRA:4RS -0.77% 82 Net Margin % is -34.67% as of Mar. 2026. GuruFocus rates FRA:4RS with a GF Score™ of 82/100 and a GF Value™ of €0.57 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 916 Oil & Gas companies, Reach Subsea ASA ranks worse than 73.91% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Reach Subsea ASA's Net Income for the three months ended in Mar. 2026 was €-17.1 Mil. Reach Subsea ASA's Revenue for the three months ended in Mar. 2026 was €49.4 Mil. Therefore, Reach Subsea ASA's net margin for the quarter that ended in Mar. 2026 was -34.67%.

The historical rank and industry rank for Reach Subsea ASA's Net Margin % or its related term are showing as below:

FRA:4RS' s Net Margin % Range Over the Past 10 Years
Min: -8.54   Med: 5.13   Max: 13.93
Current: -5.43


FRA:4RS's Net Margin % is ranked worse than
73.91% of 916 companies
in the Oil & Gas industry
Industry Median: 3.435 vs FRA:4RS: -5.43

Reach Subsea ASA  (FRA:4RS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Reach Subsea ASA Net Margin % Related Terms


Reach Subsea ASA Net Margin % Historical Data

* Premium members only.

The historical data trend for Reach Subsea ASA's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Reach Subsea ASA Net Margin % Chart

Reach Subsea ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.93 6.21 11.48 7.56 4.04

Reach Subsea ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.74 10.61 5.66 -9.52 -34.67

FRA:4RS vs SLB, BKR, HAL: Net Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, Reach Subsea ASA's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reach Subsea ASA Net Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reach Subsea ASA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Reach Subsea ASA's Net Margin % falls into.


FRA:4RS
82GF Score
Reach Subsea ASA FRA:4RS
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reach Subsea ASA Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Reach Subsea ASA's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=9.134/225.997
=4.04 %

Reach Subsea ASA's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-17.123/49.386
=-34.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -34.67% mean?
Reach Subsea ASA (FRA:4RS) has a Net Margin % of -34.67% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Reach Subsea ASA and its competitors. According to the industry distribution chart, Reach Subsea ASA ranks #677 out of 916 companies in the Oil & Gas industry, placing it in the top 73.9%.
Is Reach Subsea ASA's Net Margin % too high?
Reach Subsea ASA's current Net Margin % is -34.67%. Based on the distribution chart, Reach Subsea ASA ranks #677 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Reach Subsea ASA has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reach Subsea ASA's Net Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Reach Subsea ASA ranks #677 out of 916 companies for Net Margin %. This places Reach Subsea ASA in the lower half of its industry. The industry median Net Margin % is 3.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Reach Subsea ASA and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reach Subsea ASA's current Net Margin % is -34.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reach Subsea ASA stock overvalued right now?
Based on GuruFocus' analysis, Reach Subsea ASA (FRA:4RS) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.57, compared to a current price of €0.45 — trading 21.1% below its estimated fair value. The current Net Margin % is -34.67%. Reach Subsea ASA's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Reach Subsea ASA (FRA:4RS), the current Net Margin % is -34.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Reach Subsea ASA (FRA:4RS) Overvalued in 2026?

Based on GuruFocus' analysis, Reach Subsea ASA stock appears to be undervalued. The current stock price of €0.45 is trading 21.1% below its estimated GF Value™ of €0.57. GuruFocus considers Reach Subsea ASA to be Modestly Undervalued.

Key valuation signals for FRA:4RS:

  • Net Margin %: -34.67%
  • GF Value™: €0.57 vs. price of €0.45 (21.1% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the FRA:4RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reach Subsea ASA Business Description

Industry EnergyOil & Gas
Address Mollervegen 6, Haugesund, NOR, 5525
Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment. Geographically, the company has operated multiple regions, including Brazil, the U.S Gulf, the Caribbean, the Atlantic, the Mediterranean, West Africa including Ivory Coast, the Baltic, the Middle East, and the Asia-Pacific region, covering Singapore, Taiwan, Japan, Australia and Oceania.
82GF Score

Get the complete analysis for FRA:4RS

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.45
Price
€0.57
GF Value