BW ENERGY LTD (BWE.OL) Stock Fundamental Analysis
Europe - OSL:BWE - BMG0702P1086 - Common Stock
49.9 NOK
+0.1 (+0.2%)
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 belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BWE has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make BWE a good candidate for value and growth investing.
1. Profitability
1.1 Basic Checks
In the past year BWE was profitable.
In the past year BWE had a positive cash flow from operations.
BWE had positive earnings in 4 of the past 5 years.
BWE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BWE has a Return On Assets of 10.06%. This is amongst the best in the industry. BWE outperforms 87.30% of its industry peers.
The Return On Equity of BWE (22.12%) is better than 84.13% of its industry peers.
The Return On Invested Capital of BWE (12.29%) is better than 87.30% 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 10.01%.
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
Looking at the Profit Margin, with a value of 23.43%, BWE belongs to the top of the industry, outperforming 84.13% of the companies in the same industry.
In the last couple of years the Profit Margin of BWE has remained more or less at the same level.
Looking at the Operating Margin, with a value of 36.63%, BWE belongs to the top of the industry, outperforming 84.13% of the companies in the same industry.
In the last couple of years the Operating Margin of BWE has declined.
BWE has a Gross Margin of 57.47%. This is in the better half of the industry: BWE outperforms 71.43% of its industry peers.
| 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.
Compared to 1 year ago, BWE has about the same amount of shares outstanding.
BWE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BWE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.97 indicates that BWE is not a great score, but indicates only limited risk for bankruptcy at the moment.
BWE's Altman-Z score of 1.97 is in line compared to the rest of the industry. BWE outperforms 57.14% of its industry peers.
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 Debt to FCF ratio of 1.75. This is amongst the best in the industry. BWE outperforms 82.54% of its industry peers.
A Debt/Equity ratio of 0.64 indicates that BWE is somewhat dependend on debt financing.
BWE has a Debt to Equity ratio of 0.64. This is comparable to the rest of the industry: BWE outperforms 41.27% of its industry peers.
Even though the debt/equity ratio score it not favorable for BWE, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 1.75 | ||
| Altman-Z | 1.97 |
ROIC/WACC1.41
WACC8.69%
2.3 Liquidity
A Current Ratio of 1.59 indicates that BWE should not have too much problems paying its short term obligations.
The Current ratio of BWE (1.59) is comparable to the rest of the industry.
A Quick Ratio of 1.35 indicates that BWE should not have too much problems paying its short term obligations.
BWE's Quick ratio of 1.35 is fine compared to the rest of the industry. BWE outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
BWE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 52.73%, which is quite impressive.
The Earnings Per Share has been growing by 15.75% on average over the past years. This is quite good.
The Revenue has grown by 33.42% in the past year. This is a very strong growth!
Measured over the past years, BWE shows a very strong growth in Revenue. The Revenue has been growing by 22.65% on average per year.
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
The Earnings Per Share is expected to grow by 33.22% on average over the next years. This is a very strong growth
BWE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.21% yearly.
EPS Next Y-13.76%
EPS Next 2Y1.46%
EPS Next 3Y-4.53%
EPS Next 5Y33.22%
Revenue Next Year7.86%
Revenue Next 2Y4.29%
Revenue Next 3Y10.61%
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
The Price/Earnings ratio is 5.97, which indicates a rather cheap valuation of BWE.
Based on the Price/Earnings ratio, BWE is valued cheaply inside the industry as 92.06% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.86. BWE is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.50, the valuation of BWE can be described as very cheap.
Based on the Price/Forward Earnings ratio, BWE is valued cheaply inside the industry as 82.54% of the companies are valued more expensively.
BWE is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.97 | ||
| Fwd PE | 7.5 |
4.2 Price Multiples
74.60% of the companies in the same industry are more expensive than BWE, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BWE indicates a rather cheap valuation: BWE is cheaper than 95.24% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.11 | ||
| EV/EBITDA | 3.54 |
4.3 Compensation for Growth
BWE has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as BWE's earnings are expected to decrease with -4.53% in the coming years.
PEG (NY)N/A
PEG (5Y)0.38
EPS Next 2Y1.46%
EPS Next 3Y-4.53%
5. Dividend
5.1 Amount
BWE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:BWE (10/6/2025, 4:19:59 PM)
49.9
+0.1 (+0.2%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners15.58%
Inst Owner ChangeN/A
Ins Owners1.81%
Ins Owner ChangeN/A
Market Cap12.88B
Analysts82
Price Target42.84 (-14.15%)
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)6.06%
PT rev (3m)12.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-58.62%
EPS NY rev (1m)16.03%
EPS NY rev (3m)-19.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-36.51%
Revenue NY rev (1m)2.46%
Revenue NY rev (3m)-2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.97 | ||
| Fwd PE | 7.5 | ||
| P/S | 1.42 | ||
| P/FCF | 3.11 | ||
| P/OCF | 3.05 | ||
| P/B | 1.34 | ||
| P/tB | 2.18 | ||
| EV/EBITDA | 3.54 |
EPS(TTM)8.36
EY16.75%
EPS(NY)6.66
Fwd EY13.34%
FCF(TTM)16.04
FCFY32.15%
OCF(TTM)16.37
OCFY32.8%
SpS35.17
BVpS37.24
TBVpS22.93
PEG (NY)N/A
PEG (5Y)0.38
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 | 1.97 |
F-Score7
WACC8.69%
ROIC/WACC1.41
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-13.76%
EPS Next 2Y1.46%
EPS Next 3Y-4.53%
EPS Next 5Y33.22%
Revenue 1Y (TTM)33.42%
Revenue growth 3Y42.4%
Revenue growth 5Y22.65%
Sales Q2Q%15.55%
Revenue Next Year7.86%
Revenue Next 2Y4.29%
Revenue Next 3Y10.61%
Revenue Next 5Y10.21%
EBIT growth 1Y45.96%
EBIT growth 3Y48.11%
EBIT growth 5Y18.77%
EBIT Next Year80.14%
EBIT Next 3Y30.44%
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%