BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
Taking everything into account, BWO scores 5 out of 10 in our fundamental rating. BWO was compared to 36 industry peers in the Energy Equipment & Services industry. While BWO has a great profitability rating, there are some minor concerns on its financial health. BWO has a decent growth rate and is not valued too expensively. 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.
In the past 5 years BWO always reported a positive cash flow from operatings.
1.2 Ratios
BWO's Return On Assets of 3.53% is in line compared to the rest of the industry. BWO outperforms 47.22% of its industry peers.
With a decent Return On Equity value of 12.98%, BWO is doing good in the industry, outperforming 61.11% of the companies in the same industry.
BWO's Return On Invested Capital of 3.67% is on the low side compared to the rest of the industry. BWO is outperformed by 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BWO is significantly below the industry average of 10.05%.
The 3 year average ROIC (3.55%) for BWO is below the current ROIC(3.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.53% | ||
| ROE | 12.98% | ||
| ROIC | 3.67% |
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 24.56%, BWO belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
BWO's Profit Margin has improved in the last couple of years.
BWO has a Operating Margin of 26.91%. This is amongst the best in the industry. BWO outperforms 91.67% of its industry peers.
BWO's Operating Margin has improved in the last couple of years.
BWO has a better Gross Margin (54.74%) than 88.89% of its industry peers.
BWO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.91% | ||
| PM (TTM) | 24.56% | ||
| GM | 54.74% |
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.
BWO has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for BWO has been reduced compared to 5 years ago.
Compared to 1 year ago, BWO has an improved debt to assets ratio.
2.2 Solvency
A Debt/Equity ratio of 1.42 is on the high side and indicates that BWO has dependencies on debt financing.
BWO has a worse Debt to Equity ratio (1.42) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.5
WACC7.33%
2.3 Liquidity
BWO has a Current Ratio of 3.00. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
BWO has a Current ratio of 3.00. This is amongst the best in the industry. BWO outperforms 83.33% of its industry peers.
BWO has a Quick Ratio of 3.00. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
BWO has a better Quick ratio (3.00) than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3 | ||
| Quick Ratio | 3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.15% over the past year.
The Earnings Per Share has been decreasing by -0.62% on average over the past years.
Looking at the last year, BWO shows a very negative growth in Revenue. The Revenue has decreased by -10.58% in the last year.
The Revenue has been decreasing by -8.53% on average over the past years.
EPS 1Y (TTM)21.15%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%78.95%
Revenue 1Y (TTM)-10.58%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-9.02%
3.2 Future
BWO is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.92% yearly.
The Revenue is expected to grow by 23.12% on average over the next years. This is a very strong growth
EPS Next Y-71.94%
EPS Next 2Y-1.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.42%
Revenue Next 2Y23.12%
Revenue Next 3YN/A
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
With a Price/Earnings ratio of 5.16, the valuation of BWO can be described as very cheap.
88.89% of the companies in the same industry are more expensive than BWO, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.34, BWO is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.36, the valuation of BWO can be described as very cheap.
Based on the Price/Forward Earnings ratio, BWO is valued cheaply inside the industry as 80.56% of the companies are valued more expensively.
BWO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.16 | ||
| Fwd PE | 5.36 |
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 | 5.74 |
4.3 Compensation for Growth
BWO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.92%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BWO has a Yearly Dividend Yield of 10.21%, which is a nice return.
BWO's Dividend Yield is rather good when compared to the industry average which is at 6.65. BWO pays more dividend than 91.67% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, BWO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.21% |
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 60.43% 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.
DP60.43%
EPS Next 2Y-1.92%
EPS Next 3YN/A
OSL:BWO (6/19/2025, 10:42:18 AM)
32.3
-0.6 (-1.82%)
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 Cap5.97B
Analysts80
Price Target37.49 (16.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.21% |
Yearly Dividend4.32
Dividend Growth(5Y)18.85%
DP60.43%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)1.4%
Min Revenue beat(2)-8.87%
Max Revenue beat(2)11.68%
Revenue beat(4)3
Avg Revenue beat(4)7.49%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)24.8%
Revenue beat(8)7
Avg Revenue beat(8)20.07%
Revenue beat(12)11
Avg Revenue beat(12)18.19%
Revenue beat(16)15
Avg Revenue beat(16)14.78%
PT rev (1m)0%
PT rev (3m)-2.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-23.53%
EPS NY rev (1m)0%
EPS NY rev (3m)-75.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.16 | ||
| Fwd PE | 5.36 | ||
| P/S | 1.02 | ||
| P/FCF | N/A | ||
| P/OCF | 1.83 | ||
| P/B | 0.54 | ||
| P/tB | 0.58 | ||
| EV/EBITDA | 5.74 |
EPS(TTM)6.26
EY19.38%
EPS(NY)6.03
Fwd EY18.66%
FCF(TTM)-1.54
FCFYN/A
OCF(TTM)17.65
OCFY54.64%
SpS31.8
BVpS60.18
TBVpS55.69
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.53% | ||
| ROE | 12.98% | ||
| ROCE | 4.07% | ||
| ROIC | 3.67% | ||
| ROICexc | 4.1% | ||
| ROICexgc | 4.2% | ||
| OM | 26.91% | ||
| PM (TTM) | 24.56% | ||
| GM | 54.74% | ||
| 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 | 1.42 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.92 | ||
| Cap/Depr | 216.83% | ||
| Cap/Sales | 60.34% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3 | ||
| Quick Ratio | 3 | ||
| Altman-Z | N/A |
F-Score6
WACC7.33%
ROIC/WACC0.5
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)21.15%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%78.95%
EPS Next Y-71.94%
EPS Next 2Y-1.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-10.58%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-9.02%
Revenue Next Year-3.42%
Revenue Next 2Y23.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y25.06%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year88.75%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y74.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-47.93%
OCF growth 3Y-10.73%
OCF growth 5Y-9.82%