Added to YB: 2026-09-11
Pitch date: 2026-09-09
OMSE [bullish]
OMS Energy Technologies Inc.
Author Info
No bio for this author
Company Info
OMS Energy Technologies Inc., through its subsidiaries, manufactures and sells specialty connectors and pipes, surface wellhead and Christmas trees, premium threading services, and other ancillary services in Saudi Arabia, Singapore, Malaysia, Thailand, Indonesia, Cayman Island, and internationally.
Market Cap
$200.4M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.52
P/E
6.16
EV/Sales
0.40
Sector
Energy Equipment and Services
Category
value
I’ve taken a starter long position in $OMSE.
OMSE: OMS Energy Technologies is a small starter position: the Singapore oilfield-equipment company holds $154M of net cash against a ~$203M market cap and trades near 1.5x FY2026 EV/EBIT versus peers around 11.6x. However, backlog fell 40%, Saudi revenue dropped 35%, and much of the cash build came from the IPO and inventory reductions. Thin liquidity also constrains sizing, while the H1 report may offer hints on whether Saudi weakness reflects temporary customer destocking or lost standing.
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