BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
Europe - OSL:BWO - BMG1190N1002 - Common Stock
36.25 NOK
-0.55 (-1.49%)
Taking everything into account, BWO scores 5 out of 10 in our fundamental rating. BWO was compared to 40 industry peers in the Energy Equipment & Services industry. BWO has only an average score on both its financial health and profitability. BWO is cheap, 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.
Of the past 5 years BWO 4 years were profitable.
Each year in the past 5 years BWO had a positive operating cash flow.
1.2 Ratios
BWO has a Return On Assets (3.38%) which is in line with its industry peers.
BWO has a Return On Equity (12.49%) which is in line with its industry peers.
BWO has a Return On Invested Capital of 3.73%. This is in the lower half of the industry: BWO underperforms 77.50% of its industry peers.
BWO had an Average Return On Invested Capital over the past 3 years of 3.55%. This is significantly below the industry average of 11.42%.
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
Looking at the Profit Margin, with a value of 24.87%, BWO belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
BWO's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 28.73%, BWO belongs to the best of the industry, outperforming 90.00% 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 87.50% 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
BWO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BWO has about the same amount of shares outstanding.
BWO has less shares outstanding than it did 5 years ago.
BWO has a better debt/assets ratio than last year.
2.2 Solvency
BWO has a Debt/Equity ratio of 1.40. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.40, BWO is not doing good in the industry: 77.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.45
WACC8.28%
2.3 Liquidity
A Current Ratio of 2.39 indicates that BWO has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.39, BWO is doing good in the industry, outperforming 80.00% 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.
The Quick ratio of BWO (2.39) is better than 82.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 2.39 |
3. Growth
3.1 Past
BWO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.59%, which is quite good.
BWO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.62% yearly.
BWO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.34%.
The Revenue has been decreasing by -8.53% on average over the past years.
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
The Earnings Per Share is expected to decrease by -18.31% on average over the next years. This is quite bad
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 Y17.03%
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
EPS Next 5YN/A
Revenue Next Year-25.12%
Revenue Next 2Y10.34%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
BWO is valuated cheaply with a Price/Earnings ratio of 4.73.
87.50% of the companies in the same industry are more expensive than BWO, based on the Price/Earnings ratio.
BWO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.86.
The Price/Forward Earnings ratio is 4.19, 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 92.50% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.32. BWO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.73 | ||
| Fwd PE | 4.19 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BWO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.22 |
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 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)0.28
PEG (5Y)N/A
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.90%, BWO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.21, BWO pays a better dividend. On top of this BWO pays more dividend than 87.50% of the companies listed in the same industry.
BWO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.9% |
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.
BWO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP62.15%
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
OSL:BWO (10/3/2025, 7:00:00 PM)
36.25
-0.55 (-1.49%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners25.55%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap6.70B
Analysts76.67
Price Target36.72 (1.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.9% |
Yearly Dividend4.32
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)165.46%
EPS NY rev (3m)317.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-15.12%
Revenue NY rev (3m)-22.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.73 | ||
| Fwd PE | 4.19 | ||
| P/S | 1.19 | ||
| P/FCF | N/A | ||
| P/OCF | 2.08 | ||
| P/B | 0.6 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | 6.22 |
EPS(TTM)7.66
EY21.13%
EPS(NY)8.64
Fwd EY23.84%
FCF(TTM)-0.87
FCFYN/A
OCF(TTM)17.44
OCFY48.12%
SpS30.52
BVpS60.78
TBVpS55.95
PEG (NY)0.28
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
WACC8.28%
ROIC/WACC0.45
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 Y17.03%
EPS Next 2Y17.42%
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-25.12%
Revenue Next 2Y10.34%
Revenue Next 3Y6.93%
Revenue Next 5YN/A
EBIT growth 1Y12.72%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year72.24%
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%