Reach Subsea ASA (FRA:4RS) Total Operating Expense: €96.8 Mil (TTM As of Mar. 2026)


FRA:4RS Reach Subsea ASA FRA:4RS
79 GF Score
Price €0.44
GF Value €0.52
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Reach Subsea ASA Total Operating Expense?

Reach Subsea ASA FRA:4RS -0.34% 79 Total Operating Expense is €96.8 Mil as of Mar. 2026. GuruFocus rates FRA:4RS with a GF Score™ of 79/100 and a GF Value™ of €0.52 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Reach Subsea ASA's Total Operating Expense for the three months ended in Mar. 2026 was €26.6 Mil. Reach Subsea ASA's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €96.8 Mil.

Reach Subsea ASA Total Operating Expense Related Terms

Reach Subsea ASA Total Operating Expense Historical Data

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The historical data trend for Reach Subsea ASA's Total Operating Expense 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 Total Operating Expense Chart

Reach Subsea ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.29 41.08 44.16 64.34 79.03

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
Total Operating Expense 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 18.93 20.19 22.80 27.23 26.58
FRA:4RS
79GF Score
Reach Subsea ASA FRA:4RS
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Reach Subsea ASA Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €96.8 Mil.

* 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.

What does a Total Operating Expense of €96.8 Mil mean?
Reach Subsea ASA (FRA:4RS) has a Total Operating Expense of €96.8 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Reach Subsea ASA and its competitors.
Is Reach Subsea ASA's Total Operating Expense too high?
Reach Subsea ASA's current Total Operating Expense is €96.8 Mil. Overall, Reach Subsea ASA has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reach Subsea ASA's Total Operating Expense compare to SLB and BKR?
Reach Subsea ASA's Total Operating Expense of €96.8 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Reach Subsea ASA and its competitors. Reach Subsea ASA's current Total Operating Expense is €96.8 Mil. 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 €0.52, compared to a current price of €0.44 — trading 15.7% below its estimated fair value. The current Total Operating Expense is €96.8 Mil. Reach Subsea ASA's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Reach Subsea ASA (FRA:4RS), the current Total Operating Expense is €96.8 Mil 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 €0.44 is trading 15.7% below its estimated GF Value™ of €0.52. GuruFocus considers Reach Subsea ASA to be Modestly Undervalued.

Key valuation signals for FRA:4RS:

  • Total Operating Expense: €96.8 Mil
  • GF Value™: €0.52 vs. price of €0.44 (15.7% below fair value)
  • GF Score™: 79/100 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.
79GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.44
Price
€0.52
GF Value