| dc.description.abstract | For many years, offshore support vessels (OSV) industry has suffered the problem of oversupply which eroded companies’ equity, and many of them must accept major structuring actions. However, the strong recovery after the COVID19 pandemic shock and the recent increasing trend in oil price caused by the war in Ukraine have increased the demand for oil and gas. As a part of the oil and gas services industry, OSV companies are benefiting from more orders and better charter rates from their customers. The stock of these companies was traded at extremely low prices in the past and now appears attractively to investors. Acting as analysts, we have performed various techniques to evaluate the equity value per share of Siem Offshore Inc., a major player in the OSV industry, on 29 April 2022. The results of our analysis suggest that the company’s equity value per share, in the long run, is higher than the current market price. On the other hand, the current market price of the company is relatively cheap compared with its peers. In conclusion, Siem’s current stock price appears to be attractive to buy in. However, Siem is a cyclical firm, therefore investors must be cautious of when to hold and when to realize profits. | |