BW ENERGY LTD (BWE.OL) Stock Fundamental Analysis
OSL:BWE - Euronext Oslo - BMG0702P1086 - Common Stock - Currency: NOK
Overall BWE gets a fundamental rating of 5 out of 10. We evaluated BWE against 58 industry peers in the Oil, Gas & Consumable Fuels industry. While BWE is still in line with the averages on profitability rating, there are concerns on its financial health. An interesting combination arises when we look at growth and value: BWE is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
BWE had positive earnings in the past year.
In the past year BWE had a positive cash flow from operations.
Of the past 5 years BWE 4 years were profitable.
In the past 5 years BWE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BWE (8.42%) is better than 70.69% of its industry peers.
BWE's Return On Equity of 19.25% is fine compared to the rest of the industry. BWE outperforms 65.52% of its industry peers.
With a decent Return On Invested Capital value of 11.69%, BWE is doing good in the industry, outperforming 70.69% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BWE is significantly below the industry average of 15.08%.
The 3 year average ROIC (8.32%) for BWE is below the current ROIC(11.69%), indicating increased profibility in the last year.
| 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's Profit Margin of 21.16% is fine compared to the rest of the industry. BWE outperforms 70.69% of its industry peers.
In the last couple of years the Profit Margin of BWE has remained more or less at the same level.
With a decent Operating Margin value of 35.27%, BWE is doing good in the industry, outperforming 75.86% of the companies in the same industry.
BWE's Operating Margin has declined in the last couple of years.
BWE has a better Gross Margin (66.87%) than 70.69% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BWE is still 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
BWE has an Altman-Z score of 1.45. This is a bad value and indicates that BWE is not financially healthy and even has some risk of bankruptcy.
BWE has a Altman-Z score of 1.45. This is in the lower half of the industry: BWE underperforms 65.52% of its industry peers.
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.
With a Debt to FCF ratio value of 108.27, BWE is not doing good in the industry: 72.41% of the companies in the same industry are doing better.
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 67.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 108.27 | ||
| Altman-Z | 1.45 |
ROIC/WACC1.08
WACC10.85%
2.3 Liquidity
BWE has a Current Ratio of 1.04. This is a normal value and indicates that BWE is financially healthy and should not expect problems in meeting its short term obligations.
BWE has a Current ratio of 1.04. This is in the lower half of the industry: BWE underperforms 79.31% of its industry peers.
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 75.86% 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 109.68%, which is quite impressive.
The Earnings Per Share has been growing by 15.75% on average over the past years. This is quite good.
Looking at the last year, BWE shows a very strong growth in Revenue. The Revenue has grown by 54.52%.
The Revenue has been growing by 22.65% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)109.68%
EPS 3Y46.96%
EPS 5Y15.75%
EPS Q2Q%-29.03%
Revenue 1Y (TTM)54.52%
Revenue growth 3Y42.4%
Revenue growth 5Y22.65%
Sales Q2Q%-2.79%
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 21.88% on average per year.
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 Y7.22%
EPS Next 2Y2.22%
EPS Next 3Y-2.31%
EPS Next 5Y21.88%
Revenue Next Year9.07%
Revenue Next 2Y2.4%
Revenue Next 3Y5.59%
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
With a Price/Earnings ratio of 4.17, 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 82.76% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.29, BWE is valued rather cheaply.
The Price/Forward Earnings ratio is 3.89, which indicates a rather cheap valuation of BWE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BWE indicates a rather cheap valuation: BWE is cheaper than 93.10% of the companies listed in the same industry.
BWE is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.17 | ||
| Fwd PE | 3.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BWE is valued a bit cheaper than 72.41% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BWE is valued a bit more expensive than the industry average as 72.41% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 109.41 | ||
| EV/EBITDA | 2.5 |
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)0.58
PEG (5Y)0.26
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 (5/6/2025, 7:00:00 PM)
28.2
+0.95 (+3.49%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners17.11%
Inst Owner ChangeN/A
Ins Owners1.53%
Ins Owner ChangeN/A
Market Cap7.28B
Analysts80
Price Target31.62 (12.13%)
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)4.03%
PT rev (3m)4.03%
EPS NQ rev (1m)36.67%
EPS NQ rev (3m)86.36%
EPS NY rev (1m)-12.66%
EPS NY rev (3m)12.01%
Revenue NQ rev (1m)-9.39%
Revenue NQ rev (3m)-12.97%
Revenue NY rev (1m)-4.06%
Revenue NY rev (3m)-7.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.17 | ||
| Fwd PE | 3.89 | ||
| P/S | 0.89 | ||
| P/FCF | 109.41 | ||
| P/OCF | 2.01 | ||
| P/B | 0.81 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 2.5 |
EPS(TTM)6.76
EY23.97%
EPS(NY)7.24
Fwd EY25.68%
FCF(TTM)0.26
FCFY0.91%
OCF(TTM)14
OCFY49.65%
SpS31.57
BVpS34.7
TBVpS22.95
PEG (NY)0.58
PEG (5Y)0.26
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 | 1.45 |
F-Score7
WACC10.85%
ROIC/WACC1.08
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)109.68%
EPS 3Y46.96%
EPS 5Y15.75%
EPS Q2Q%-29.03%
EPS Next Y7.22%
EPS Next 2Y2.22%
EPS Next 3Y-2.31%
EPS Next 5Y21.88%
Revenue 1Y (TTM)54.52%
Revenue growth 3Y42.4%
Revenue growth 5Y22.65%
Sales Q2Q%-2.79%
Revenue Next Year9.07%
Revenue Next 2Y2.4%
Revenue Next 3Y5.59%
Revenue Next 5Y10.21%
EBIT growth 1Y96.8%
EBIT growth 3Y48.11%
EBIT growth 5Y18.77%
EBIT Next Year93.65%
EBIT Next 3Y20.97%
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%