BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
Overall BWO gets a fundamental rating of 5 out of 10. We evaluated BWO against 35 industry peers in the Energy Equipment & Services industry. BWO has an average financial health and profitability rating. 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.
Of the past 5 years BWO 4 years were profitable.
In the past 5 years BWO always reported a positive cash flow from operatings.
1.2 Ratios
BWO has a Return On Assets (2.98%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 11.07%, BWO is in line with its industry, outperforming 57.14% of the companies in the same industry.
The Return On Invested Capital of BWO (3.30%) is worse than 77.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BWO is significantly below the industry average of 9.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 11.07% | ||
| ROIC | 3.3% |
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
BWO's Profit Margin of 19.88% is amongst the best of the industry. BWO outperforms 85.71% of its industry peers.
BWO's Profit Margin has improved in the last couple of years.
BWO has a Operating Margin of 23.09%. This is amongst the best in the industry. BWO outperforms 91.43% of its industry peers.
In the last couple of years the Operating Margin of BWO has grown nicely.
The Gross Margin of BWO (52.41%) is better than 88.57% of its industry peers.
BWO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.09% | ||
| PM (TTM) | 19.88% | ||
| GM | 52.41% |
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.
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.
The debt/assets ratio for BWO has been reduced compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 1.41 is on the high side and indicates that BWO has dependencies on debt financing.
BWO has a Debt to Equity ratio of 1.41. This is in the lower half of the industry: BWO underperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.74
WACC4.48%
2.3 Liquidity
A Current Ratio of 2.25 indicates that BWO has no problem at all paying its short term obligations.
BWO's Current ratio of 2.25 is fine compared to the rest of the industry. BWO outperforms 74.29% of its industry peers.
BWO has a Quick Ratio of 2.23. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
BWO has a Quick ratio of 2.23. This is in the better half of the industry: BWO outperforms 77.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.23 |
3. Growth
3.1 Past
BWO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.15%, which is quite impressive.
BWO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.62% yearly.
Looking at the last year, BWO shows a decrease in Revenue. The Revenue has decreased by -7.96% 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%5%
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-20.6%
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.
BWO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.12% yearly.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 4.36.
Based on the Price/Earnings ratio, BWO is valued cheaper than 91.43% of the companies in the same industry.
BWO is valuated cheaply when we compare the Price/Earnings ratio to 24.29, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.54, which indicates a correct valuation of BWO.
BWO's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BWO is more expensive than 68.57% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.42, BWO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.36 | ||
| Fwd PE | 15.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BWO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.63 |
4.3 Compensation for Growth
The decent profitability rating of BWO 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
With a Yearly Dividend Yield of 12.03%, BWO is a good candidate for dividend investing.
BWO's Dividend Yield is rather good when compared to the industry average which is at 7.27. BWO pays more dividend than 94.29% of the companies in the same industry.
BWO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.03% |
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
65.17% of the earnings are spent on dividend by BWO. 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.
DP65.17%
EPS Next 2Y-1.92%
EPS Next 3YN/A
OSL:BWO (5/6/2025, 7:00:00 PM)
28.55
+0.75 (+2.7%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners23.53%
Inst Owner ChangeN/A
Ins Owners1.03%
Ins Owner ChangeN/A
Market Cap5.28B
Analysts80
Price Target37.94 (32.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.03% |
Yearly Dividend4.51
Dividend Growth(5Y)18.85%
DP65.17%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.04%
Min EPS beat(2)-47.19%
Max EPS beat(2)73.27%
EPS beat(4)2
Avg EPS beat(4)-2.11%
Min EPS beat(4)-55.89%
Max EPS beat(4)73.27%
EPS beat(8)3
Avg EPS beat(8)-11.18%
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)-3.27%
Min Revenue beat(2)-8.87%
Max Revenue beat(2)2.33%
Revenue beat(4)3
Avg Revenue beat(4)15.54%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)43.91%
Revenue beat(8)7
Avg Revenue beat(8)19.89%
Revenue beat(12)11
Avg Revenue beat(12)17.71%
Revenue beat(16)15
Avg Revenue beat(16)14.75%
PT rev (1m)0%
PT rev (3m)-3.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-23.53%
EPS NY rev (1m)-41.67%
EPS NY rev (3m)-75.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.82%
Revenue NY rev (3m)7.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.36 | ||
| Fwd PE | 15.54 | ||
| P/S | 0.84 | ||
| P/FCF | N/A | ||
| P/OCF | 1.4 | ||
| P/B | 0.47 | ||
| P/tB | 0.5 | ||
| EV/EBITDA | 5.63 |
EPS(TTM)6.55
EY22.94%
EPS(NY)1.84
Fwd EY6.43%
FCF(TTM)-0.96
FCFYN/A
OCF(TTM)20.39
OCFY71.42%
SpS34.09
BVpS61.23
TBVpS56.72
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 11.07% | ||
| ROCE | 3.66% | ||
| ROIC | 3.3% | ||
| ROICexc | 3.58% | ||
| ROICexgc | 3.67% | ||
| OM | 23.09% | ||
| PM (TTM) | 19.88% | ||
| GM | 52.41% | ||
| 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 Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.83 | ||
| Cap/Depr | 213.55% | ||
| Cap/Sales | 62.62% | ||
| Interest Coverage | 10.3 | ||
| Cash Conversion | 114.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.23 | ||
| Altman-Z | N/A |
F-Score6
WACC4.48%
ROIC/WACC0.74
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%5%
EPS Next Y-71.94%
EPS Next 2Y-1.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-20.6%
Revenue Next Year-3.42%
Revenue Next 2Y23.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y18.43%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year101.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y93.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-35.05%
OCF growth 3Y-10.73%
OCF growth 5Y-9.82%