BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
OSL:BWO - BMG1190N1002 - Common Stock
35 NOK
+0.67 (+1.97%)
Taking everything into account, BWO scores 5 out of 10 in our fundamental rating. BWO was compared to 37 industry peers in the Energy Equipment & Services industry. BWO has only an average score on both its financial health and profitability. BWO has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally BWO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BWO had positive earnings in the past year.
In the past year BWO had a positive cash flow from operations.
BWO had positive earnings in 4 of the past 5 years.
BWO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BWO (3.38%) is comparable to the rest of the industry.
With a Return On Equity value of 12.49%, BWO perfoms like the industry average, outperforming 59.46% of the companies in the same industry.
BWO has a Return On Invested Capital of 3.73%. This is in the lower half of the industry: BWO underperforms 75.68% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BWO is significantly below the industry average of 11.44%.
The 3 year average ROIC (3.55%) for BWO is below the current ROIC(3.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 12.49% | ||
| ROIC | 3.73% |
ROA(3y)3.08%
ROA(5y)0.08%
ROE(3y)11.62%
ROE(5y)1.03%
ROIC(3y)3.55%
ROIC(5y)4.34%
1.3 Margins
With an excellent Profit Margin value of 24.87%, BWO belongs to the best of the industry, outperforming 89.19% of the companies in the same industry.
In the last couple of years the Profit Margin of BWO has grown nicely.
With an excellent Operating Margin value of 28.73%, BWO belongs to the best of the industry, outperforming 89.19% of the companies in the same industry.
BWO's Operating Margin has improved in the last couple of years.
BWO has a Gross Margin of 53.49%. This is amongst the best in the industry. BWO outperforms 86.49% of its industry peers.
In the last couple of years the Gross Margin of BWO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.73% | ||
| PM (TTM) | 24.87% | ||
| GM | 53.49% |
OM growth 3Y13.41%
OM growth 5Y3.21%
PM growth 3Y38.09%
PM growth 5Y17.92%
GM growth 3Y-3.25%
GM growth 5Y-4.87%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BWO is destroying value.
The number of shares outstanding for BWO remains at a similar level compared to 1 year ago.
The number of shares outstanding for BWO has been reduced compared to 5 years ago.
BWO has a better debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 1.40 is on the high side and indicates that BWO has dependencies on debt financing.
BWO has a worse Debt to Equity ratio (1.40) than 75.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.46
WACC8.02%
2.3 Liquidity
A Current Ratio of 2.39 indicates that BWO has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.39, BWO belongs to the best of the industry, outperforming 81.08% of the companies in the same industry.
BWO has a Quick Ratio of 2.39. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.39, BWO belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 2.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.59% over the past year.
Measured over the past years, BWO shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.62% on average per year.
The Revenue for BWO has decreased by -12.34% in the past year. This is quite bad
Measured over the past years, BWO shows a decrease in Revenue. The Revenue has been decreasing by -8.53% on average per year.
EPS 1Y (TTM)11.59%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%-6.67%
Revenue 1Y (TTM)-12.34%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-15.87%
3.2 Future
BWO is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -18.31% yearly.
Based on estimates for the next years, BWO will show a small growth in Revenue. The Revenue will grow by 6.93% on average per year.
EPS Next Y-55.91%
EPS Next 2Y-2.74%
EPS Next 3Y-18.31%
EPS Next 5YN/A
Revenue Next Year-11.79%
Revenue Next 2Y18.24%
Revenue Next 3Y6.93%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BWO is valuated cheaply with a Price/Earnings ratio of 4.56.
Based on the Price/Earnings ratio, BWO is valued cheaply inside the industry as 89.19% of the companies are valued more expensively.
BWO is valuated cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 5.89, which indicates a rather cheap valuation of BWO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BWO indicates a rather cheap valuation: BWO is cheaper than 83.78% of the companies listed in the same industry.
BWO is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.56 | ||
| Fwd PE | 5.89 |
4.2 Price Multiples
BWO's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.1 |
4.3 Compensation for Growth
The decent profitability rating of BWO may justify a higher PE ratio.
BWO's earnings are expected to decrease with -18.31% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.74%
EPS Next 3Y-18.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.44%, BWO is a good candidate for dividend investing.
BWO's Dividend Yield is rather good when compared to the industry average which is at 6.65. BWO pays more dividend than 86.49% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, BWO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.44% |
5.2 History
On average, the dividend of BWO grows each year by 18.85%, which is quite nice.
Dividend Growth(5Y)18.85%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BWO pays out 62.15% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of BWO has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP62.15%
EPS Next 2Y-2.74%
EPS Next 3Y-18.31%
OSL:BWO (9/10/2025, 4:19:30 PM)
35
+0.67 (+1.97%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners25.83%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap6.47B
Analysts80
Price Target36.72 (4.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.44% |
Yearly Dividend4.37
Dividend Growth(5Y)18.85%
DP62.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)87.23%
Min EPS beat(2)15.51%
Max EPS beat(2)158.95%
EPS beat(4)3
Avg EPS beat(4)50.13%
Min EPS beat(4)-47.19%
Max EPS beat(4)158.95%
EPS beat(8)5
Avg EPS beat(8)22.42%
EPS beat(12)6
Avg EPS beat(12)7.26%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)21.74%
Min Revenue beat(2)11.68%
Max Revenue beat(2)31.81%
Revenue beat(4)3
Avg Revenue beat(4)9.24%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)31.81%
Revenue beat(8)7
Avg Revenue beat(8)19.55%
Revenue beat(12)11
Avg Revenue beat(12)20.13%
Revenue beat(16)15
Avg Revenue beat(16)16.43%
PT rev (1m)-2.04%
PT rev (3m)-2.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-53.85%
EPS NY rev (1m)57.14%
EPS NY rev (3m)57.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.56 | ||
| Fwd PE | 5.89 | ||
| P/S | 1.14 | ||
| P/FCF | N/A | ||
| P/OCF | 2 | ||
| P/B | 0.57 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | 6.1 |
EPS(TTM)7.68
EY21.94%
EPS(NY)5.94
Fwd EY16.98%
FCF(TTM)-0.87
FCFYN/A
OCF(TTM)17.48
OCFY49.95%
SpS30.59
BVpS60.92
TBVpS56.07
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 12.49% | ||
| ROCE | 4.13% | ||
| ROIC | 3.73% | ||
| ROICexc | 4.18% | ||
| ROICexgc | 4.29% | ||
| OM | 28.73% | ||
| PM (TTM) | 24.87% | ||
| GM | 53.49% | ||
| FCFM | N/A |
ROA(3y)3.08%
ROA(5y)0.08%
ROE(3y)11.62%
ROE(5y)1.03%
ROIC(3y)3.55%
ROIC(5y)4.34%
ROICexc(3y)3.88%
ROICexc(5y)4.74%
ROICexgc(3y)4%
ROICexgc(5y)4.86%
ROCE(3y)3.93%
ROCE(5y)4.81%
ROICexcg growth 3Y-13.43%
ROICexcg growth 5Y-11.95%
ROICexc growth 3Y-12.75%
ROICexc growth 5Y-11.64%
OM growth 3Y13.41%
OM growth 5Y3.21%
PM growth 3Y38.09%
PM growth 5Y17.92%
GM growth 3Y-3.25%
GM growth 5Y-4.87%
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.21 | ||
| Cap/Depr | 242.35% | ||
| Cap/Sales | 60.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.85% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.39 | ||
| Quick Ratio | 2.39 | ||
| Altman-Z | N/A |
F-Score6
WACC8.02%
ROIC/WACC0.46
Cap/Depr(3y)330.89%
Cap/Depr(5y)226.33%
Cap/Sales(3y)92.97%
Cap/Sales(5y)64.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.59%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%-6.67%
EPS Next Y-55.91%
EPS Next 2Y-2.74%
EPS Next 3Y-18.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.34%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-15.87%
Revenue Next Year-11.79%
Revenue Next 2Y18.24%
Revenue Next 3Y6.93%
Revenue Next 5YN/A
EBIT growth 1Y12.72%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year88.75%
EBIT Next 3Y48.79%
EBIT Next 5YN/A
FCF growth 1Y92.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-43.99%
OCF growth 3Y-10.73%
OCF growth 5Y-9.82%