BW ENERGY LTD (BWE.OL) Stock Fundamental Analysis
OSL:BWE - Euronext Oslo - BMG0702P1086 - Common Stock - Currency: NOK
Taking everything into account, BWE scores 5 out of 10 in our fundamental rating. BWE was compared to 61 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of BWE while its profitability can be described as average. BWE has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
BWE had positive earnings in the past year.
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
Looking at the Return On Assets, with a value of 8.42%, BWE is in the better half of the industry, outperforming 75.41% of the companies in the same industry.
BWE has a Return On Equity of 19.25%. This is in the better half of the industry: BWE outperforms 75.41% of its industry peers.
BWE has a better Return On Invested Capital (11.69%) than 78.69% of its industry peers.
BWE had an Average Return On Invested Capital over the past 3 years of 8.32%. This is significantly below the industry average of 13.46%.
The last Return On Invested Capital (11.69%) for BWE is above the 3 year average (8.32%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.42% | ||
| ROE | 19.25% | ||
| ROIC | 11.69% |
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
BWE has a Profit Margin of 21.16%. This is amongst the best in the industry. BWE outperforms 80.33% of its industry peers.
In the last couple of years the Profit Margin of BWE has remained more or less at the same level.
BWE's Operating Margin of 35.27% is fine compared to the rest of the industry. BWE outperforms 77.05% of its industry peers.
BWE's Operating Margin has declined in the last couple of years.
BWE has a Gross Margin of 66.87%. This is in the better half of the industry: BWE outperforms 72.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.27% | ||
| PM (TTM) | 21.16% | ||
| GM | 66.87% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BWE is creating some value.
The number of shares outstanding for BWE remains at a similar level compared to 1 year ago.
The number of shares outstanding for BWE has been increased compared to 5 years ago.
Compared to 1 year ago, BWE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.57, we must say that BWE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BWE (1.57) is comparable to the rest of the industry.
BWE has a debt to FCF ratio of 108.27. This is a negative value and a sign of low solvency as BWE would need 108.27 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 108.27, BWE is doing worse than 63.93% of the companies in the same industry.
A Debt/Equity ratio of 0.64 indicates that BWE is somewhat dependend on debt financing.
BWE has a worse Debt to Equity ratio (0.64) than 62.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 108.27 | ||
| Altman-Z | 1.57 |
ROIC/WACC1.3
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.04 indicates that BWE should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.04, BWE is doing worse than 78.69% of the companies in the same industry.
A Quick Ratio of 0.87 indicates that BWE may have some problems paying its short term obligations.
BWE has a worse Quick ratio (0.87) than 77.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
BWE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 55.29%, which is quite impressive.
The Earnings Per Share has been growing by 15.75% on average over the past years. This is quite good.
BWE shows a strong growth in Revenue. In the last year, the Revenue has grown by 42.92%.
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)55.29%
EPS 3Y46.96%
EPS 5Y15.75%
EPS Q2Q%78.89%
Revenue 1Y (TTM)42.92%
Revenue growth 3Y42.4%
Revenue growth 5Y22.65%
Sales Q2Q%52.86%
3.2 Future
Based on estimates for the next years, BWE will show a very strong growth in Earnings Per Share. The EPS will grow by 33.22% on average per year.
The Revenue is expected to grow by 10.21% on average over the next years. This is quite good.
EPS Next Y7.22%
EPS Next 2Y2.22%
EPS Next 3Y-2.31%
EPS Next 5Y33.22%
Revenue Next Year7.3%
Revenue Next 2Y1.93%
Revenue Next 3Y6.93%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.38, 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 95.08% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BWE to the average of the S&P500 Index (27.03), we can say BWE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.11, the valuation of BWE can be described as very cheap.
Based on the Price/Forward Earnings ratio, BWE is valued cheaper than 95.08% of the companies in the same industry.
BWE is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.28, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.38 | ||
| Fwd PE | 5.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BWE indicates a rather cheap valuation: BWE is cheaper than 80.33% of the companies listed in the same industry.
63.93% of the companies in the same industry are cheaper than BWE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 139.98 | ||
| EV/EBITDA | 2.97 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of BWE may justify a higher PE ratio.
A cheap valuation may be justified as BWE's earnings are expected to decrease with -2.31% in the coming years.
PEG (NY)0.61
PEG (5Y)0.28
EPS Next 2Y2.22%
EPS Next 3Y-2.31%
5. Dividend
5.1 Amount
No dividends for BWE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:BWE (8/6/2025, 10:36:32 AM)
35.65
+0.35 (+0.99%)
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 Cap9.20B
Analysts82
Price Target39.78 (11.58%)
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)1
Avg EPS beat(2)1.58%
Min EPS beat(2)-58.2%
Max EPS beat(2)61.35%
EPS beat(4)2
Avg EPS beat(4)-3.94%
Min EPS beat(4)-58.2%
Max EPS beat(4)61.35%
EPS beat(8)3
Avg EPS beat(8)-43.1%
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)3.22%
Min Revenue beat(2)-1.04%
Max Revenue beat(2)7.48%
Revenue beat(4)1
Avg Revenue beat(4)-2.8%
Min Revenue beat(4)-17.49%
Max Revenue beat(4)7.48%
Revenue beat(8)2
Avg Revenue beat(8)-4.63%
Revenue beat(12)4
Avg Revenue beat(12)-6.89%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)4.28%
PT rev (3m)25.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-2.57%
Revenue NY rev (3m)-1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.38 | ||
| Fwd PE | 5.11 | ||
| P/S | 1.14 | ||
| P/FCF | 139.98 | ||
| P/OCF | 2.58 | ||
| P/B | 1.04 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 2.97 |
EPS(TTM)8.13
EY22.81%
EPS(NY)6.98
Fwd EY19.57%
FCF(TTM)0.25
FCFY0.71%
OCF(TTM)13.84
OCFY38.81%
SpS31.19
BVpS34.29
TBVpS22.67
PEG (NY)0.61
PEG (5Y)0.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.42% | ||
| ROE | 19.25% | ||
| ROCE | 16.92% | ||
| ROIC | 11.69% | ||
| ROICexc | 13.53% | ||
| ROICexgc | 17.05% | ||
| OM | 35.27% | ||
| PM (TTM) | 21.16% | ||
| GM | 66.87% | ||
| FCFM | 0.82% |
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 Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 108.27 | ||
| Debt/EBITDA | 1.21 | ||
| Cap/Depr | 188.67% | ||
| Cap/Sales | 43.54% | ||
| Interest Coverage | 4.49 | ||
| Cash Conversion | 76.02% | ||
| Profit Quality | 3.86% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 1.57 |
F-Score7
WACC8.98%
ROIC/WACC1.3
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)55.29%
EPS 3Y46.96%
EPS 5Y15.75%
EPS Q2Q%78.89%
EPS Next Y7.22%
EPS Next 2Y2.22%
EPS Next 3Y-2.31%
EPS Next 5Y33.22%
Revenue 1Y (TTM)42.92%
Revenue growth 3Y42.4%
Revenue growth 5Y22.65%
Sales Q2Q%52.86%
Revenue Next Year7.3%
Revenue Next 2Y1.93%
Revenue Next 3Y6.93%
Revenue Next 5Y10.21%
EBIT growth 1Y96.8%
EBIT growth 3Y48.11%
EBIT growth 5Y18.77%
EBIT Next Year85.24%
EBIT Next 3Y30.94%
EBIT Next 5Y33.9%
FCF growth 1Y104.16%
FCF growth 3YN/A
FCF growth 5Y-33.9%
OCF growth 1Y92.1%
OCF growth 3Y47.25%
OCF growth 5Y11.34%