BW ENERGY LTD (BWE.OL) Stock Fundamental Analysis
OSL:BWE - BMG0702P1086 - Common Stock
34.2 NOK
+0.25 (+0.74%)
BWE gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 63 industry peers in the Oil, Gas & Consumable Fuels industry. While BWE has a great profitability rating, there are some minor concerns on its financial health. BWE is evaluated to be cheap and growing strongly. This does not happen too often! This makes BWE very considerable for value and growth investing!
1. Profitability
1.1 Basic Checks
In the past year BWE was profitable.
BWE had a positive operating cash flow in the past year.
Of the past 5 years BWE 4 years were profitable.
Each year in the past 5 years BWE had a positive operating cash flow.
1.2 Ratios
BWE has a better Return On Assets (10.06%) than 84.13% of its industry peers.
BWE has a better Return On Equity (22.12%) than 85.71% of its industry peers.
BWE has a better Return On Invested Capital (12.29%) than 85.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BWE is in line with the industry average of 9.83%.
The last Return On Invested Capital (12.29%) for BWE is above the 3 year average (8.32%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.06% | ||
| ROE | 22.12% | ||
| ROIC | 12.29% |
ROA(3y)5.59%
ROA(5y)3.36%
ROE(3y)12.73%
ROE(5y)7.61%
ROIC(3y)8.32%
ROIC(5y)6.69%
1.3 Margins
With an excellent Profit Margin value of 23.43%, BWE belongs to the best of the industry, outperforming 82.54% of the companies in the same industry.
BWE's Profit Margin has been stable in the last couple of years.
BWE has a better Operating Margin (36.63%) than 82.54% of its industry peers.
BWE's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 57.47%, BWE is in the better half of the industry, outperforming 68.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.63% | ||
| PM (TTM) | 23.43% | ||
| GM | 57.47% |
OM growth 3Y4.01%
OM growth 5Y-3.17%
PM growth 3Y3.38%
PM growth 5Y0.6%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BWE is still creating some value.
BWE has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BWE has more shares outstanding
The debt/assets ratio for BWE is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.77, we must say that BWE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BWE (1.77) is comparable to the rest of the industry.
The Debt to FCF ratio of BWE is 1.75, which is an excellent value as it means it would take BWE, only 1.75 years of fcf income to pay off all of its debts.
BWE has a better Debt to FCF ratio (1.75) than 82.54% of its industry peers.
A Debt/Equity ratio of 0.64 indicates that BWE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.64, BWE is doing worse than 61.90% of the companies in the same industry.
Although BWE does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 1.75 | ||
| Altman-Z | 1.77 |
ROIC/WACC1.4
WACC8.78%
2.3 Liquidity
BWE has a Current Ratio of 1.59. This is a normal value and indicates that BWE is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BWE (1.59) is comparable to the rest of the industry.
BWE has a Quick Ratio of 1.35. This is a normal value and indicates that BWE is financially healthy and should not expect problems in meeting its short term obligations.
BWE's Quick ratio of 1.35 is fine compared to the rest of the industry. BWE outperforms 65.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 52.73% over the past year.
Measured over the past years, BWE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.75% on average per year.
The Revenue has grown by 33.42% in the past year. This is a very strong growth!
BWE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.65% yearly.
EPS 1Y (TTM)52.73%
EPS 3Y46.96%
EPS 5Y15.75%
EPS Q2Q%80%
Revenue 1Y (TTM)33.42%
Revenue growth 3Y42.4%
Revenue growth 5Y22.65%
Sales Q2Q%15.55%
3.2 Future
BWE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.22% yearly.
Based on estimates for the next years, BWE will show a quite strong growth in Revenue. The Revenue will grow by 10.21% on average per year.
EPS Next Y-25.67%
EPS Next 2Y-8.12%
EPS Next 3Y2.15%
EPS Next 5Y33.22%
Revenue Next Year5.27%
Revenue Next 2Y2.43%
Revenue Next 3Y8%
Revenue Next 5Y10.21%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.10, the valuation of BWE can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of BWE indicates a rather cheap valuation: BWE is cheaper than 96.83% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.03, BWE is valued rather cheaply.
A Price/Forward Earnings ratio of 6.28 indicates a rather cheap valuation of BWE.
BWE's Price/Forward Earnings ratio is rather cheap when compared to the industry. BWE is cheaper than 87.30% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.54, BWE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.1 | ||
| Fwd PE | 6.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BWE is valued cheaply inside the industry as 84.13% of the companies are valued more expensively.
95.24% of the companies in the same industry are more expensive than BWE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.14 | ||
| EV/EBITDA | 2.77 |
4.3 Compensation for Growth
BWE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2Y-8.12%
EPS Next 3Y2.15%
5. Dividend
5.1 Amount
No dividends for BWE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:BWE (9/10/2025, 7:00:00 PM)
34.2
+0.25 (+0.74%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners18.2%
Inst Owner ChangeN/A
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap8.83B
Analysts82.22
Price Target41.14 (20.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)31.22%
Min EPS beat(2)6.93%
Max EPS beat(2)55.52%
EPS beat(4)3
Avg EPS beat(4)16.4%
Min EPS beat(4)-58.2%
Max EPS beat(4)61.35%
EPS beat(8)5
Avg EPS beat(8)-1.46%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)9.18%
Min Revenue beat(2)-2.59%
Max Revenue beat(2)20.95%
Revenue beat(4)2
Avg Revenue beat(4)6.2%
Min Revenue beat(4)-2.59%
Max Revenue beat(4)20.95%
Revenue beat(8)2
Avg Revenue beat(8)-1.77%
Revenue beat(12)4
Avg Revenue beat(12)-1.6%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.42%
PT rev (3m)35.35%
EPS NQ rev (1m)-47.06%
EPS NQ rev (3m)-58.62%
EPS NY rev (1m)-30.68%
EPS NY rev (3m)-30.68%
Revenue NQ rev (1m)-9.34%
Revenue NQ rev (3m)-36.51%
Revenue NY rev (1m)-1.9%
Revenue NY rev (3m)-4.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.1 | ||
| Fwd PE | 6.28 | ||
| P/S | 0.97 | ||
| P/FCF | 2.14 | ||
| P/OCF | 2.09 | ||
| P/B | 0.92 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 2.77 |
EPS(TTM)8.34
EY24.39%
EPS(NY)5.45
Fwd EY15.93%
FCF(TTM)16
FCFY46.79%
OCF(TTM)16.33
OCFY47.75%
SpS35.08
BVpS37.15
TBVpS22.88
PEG (NY)N/A
PEG (5Y)0.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.06% | ||
| ROE | 22.12% | ||
| ROCE | 17.78% | ||
| ROIC | 12.29% | ||
| ROICexc | 13.69% | ||
| ROICexgc | 17.56% | ||
| OM | 36.63% | ||
| PM (TTM) | 23.43% | ||
| GM | 57.47% | ||
| FCFM | 45.62% |
ROA(3y)5.59%
ROA(5y)3.36%
ROE(3y)12.73%
ROE(5y)7.61%
ROIC(3y)8.32%
ROIC(5y)6.69%
ROICexc(3y)9.84%
ROICexc(5y)7.96%
ROICexgc(3y)12.64%
ROICexgc(5y)10.29%
ROCE(3y)12.03%
ROCE(5y)9.67%
ROICexcg growth 3Y15.25%
ROICexcg growth 5Y-0.91%
ROICexc growth 3Y17.39%
ROICexc growth 5Y-1.66%
OM growth 3Y4.01%
OM growth 5Y-3.17%
PM growth 3Y3.38%
PM growth 5Y0.6%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 1.75 | ||
| Debt/EBITDA | 1.2 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.45% | ||
| Profit Quality | 194.71% | ||
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | 1.77 |
F-Score7
WACC8.78%
ROIC/WACC1.4
Cap/Depr(3y)308.17%
Cap/Depr(5y)244.95%
Cap/Sales(3y)65.33%
Cap/Sales(5y)57.42%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)52.73%
EPS 3Y46.96%
EPS 5Y15.75%
EPS Q2Q%80%
EPS Next Y-25.67%
EPS Next 2Y-8.12%
EPS Next 3Y2.15%
EPS Next 5Y33.22%
Revenue 1Y (TTM)33.42%
Revenue growth 3Y42.4%
Revenue growth 5Y22.65%
Sales Q2Q%15.55%
Revenue Next Year5.27%
Revenue Next 2Y2.43%
Revenue Next 3Y8%
Revenue Next 5Y10.21%
EBIT growth 1Y45.96%
EBIT growth 3Y48.11%
EBIT growth 5Y18.77%
EBIT Next Year85.24%
EBIT Next 3Y30.94%
EBIT Next 5Y33.9%
FCF growth 1Y395.74%
FCF growth 3YN/A
FCF growth 5Y-33.9%
OCF growth 1Y174.11%
OCF growth 3Y47.25%
OCF growth 5Y11.34%