CMB TECH NV (CMBTO.OL) Stock Fundamental Analysis
OSL:CMBTO • BE0003816338
137.9 NOK
+4.7 (+3.53%)
Last: Feb 27, 2026, 04:19 PM
We assign a fundamental rating of 4 out of 10 to CMBTO. CMBTO was compared to 70 industry peers in the Oil, Gas & Consumable Fuels industry. CMBTO has a medium profitability rating, but doesn't score so well on its financial health evaluation. CMBTO is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- CMBTO had negative earnings in the past year.
- In the past year CMBTO had a positive cash flow from operations.
- Of the past 5 years CMBTO 4 years were profitable.
- Of the past 5 years CMBTO 4 years had a positive operating cash flow.
1.2 Ratios
- CMBTO's Return On Assets of 3.67% is in line compared to the rest of the industry. CMBTO outperforms 51.43% of its industry peers.
- CMBTO has a better Return On Equity (12.04%) than 68.57% of its industry peers.
- CMBTO has a worse Return On Invested Capital (4.15%) than 67.14% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CMBTO is in line with the industry average of 9.02%.
- The 3 year average ROIC (9.19%) for CMBTO is well above the current ROIC(4.15%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.67% | ||
| ROE | 12.04% | ||
| ROIC | 4.15% |
ROA(3y)17.5%
ROA(5y)11.27%
ROE(3y)39.6%
ROE(5y)24.4%
ROIC(3y)9.19%
ROIC(5y)N/A
1.3 Margins
- With a decent Profit Margin value of 17.42%, CMBTO is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of CMBTO has grown nicely.
- CMBTO has a better Operating Margin (23.08%) than 62.86% of its industry peers.
- CMBTO's Operating Margin has improved in the last couple of years.
- CMBTO has a Gross Margin (52.84%) which is in line with its industry peers.
- In the last couple of years the Gross Margin of CMBTO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.08% | ||
| PM (TTM) | 17.42% | ||
| GM | 52.84% |
OM growth 3YN/A
OM growth 5Y14.72%
PM growth 3YN/A
PM growth 5Y49.82%
GM growth 3Y46.27%
GM growth 5Y-0.15%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CMBTO is still creating some value.
- CMBTO has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, CMBTO has less shares outstanding
- CMBTO has a worse debt/assets ratio than last year.
2.2 Solvency
- CMBTO has an Altman-Z score of 0.89. This is a bad value and indicates that CMBTO is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.89, CMBTO is doing worse than 77.14% of the companies in the same industry.
- A Debt/Equity ratio of 1.96 is on the high side and indicates that CMBTO has dependencies on debt financing.
- CMBTO's Debt to Equity ratio of 1.96 is on the low side compared to the rest of the industry. CMBTO is outperformed by 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.96 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.89 |
ROIC/WACC0.53
WACC7.87%
2.3 Liquidity
- A Current Ratio of 0.62 indicates that CMBTO may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.62, CMBTO is doing worse than 92.86% of the companies in the same industry.
- A Quick Ratio of 0.51 indicates that CMBTO may have some problems paying its short term obligations.
- With a Quick ratio value of 0.51, CMBTO is not doing good in the industry: 91.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
- The earnings per share for CMBTO have decreased strongly by -104.54% in the last year.
- Measured over the past years, CMBTO shows a very strong growth in Earnings Per Share. The EPS has been growing by 43.41% on average per year.
- The Revenue has grown by 17.21% in the past year. This is quite good.
- The Revenue has been growing slightly by 0.55% on average over the past years.
EPS 1Y (TTM)-104.54%
EPS 3YN/A
EPS 5Y43.41%
EPS Q2Q%-152.78%
Revenue 1Y (TTM)17.21%
Revenue growth 3Y30.84%
Revenue growth 5Y0.55%
Sales Q2Q%104.76%
3.2 Future
- The Earnings Per Share is expected to decrease by -21.61% on average over the next years. This is quite bad
- Based on estimates for the next years, CMBTO will show a very strong growth in Revenue. The Revenue will grow by 21.27% on average per year.
EPS Next Y-87.08%
EPS Next 2Y-40.43%
EPS Next 3Y-25.73%
EPS Next 5Y-21.61%
Revenue Next Year48.83%
Revenue Next 2Y40.51%
Revenue Next 3Y34.18%
Revenue Next 5Y21.27%
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
- CMBTO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- With a Price/Forward Earnings ratio of 10.99, the valuation of CMBTO can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, CMBTO is valued cheaply inside the industry as 81.43% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 28.13. CMBTO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.99 |
4.2 Price Multiples
- CMBTO's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CMBTO is more expensive than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.85 |
4.3 Compensation for Growth
- CMBTO has a very decent profitability rating, which may justify a higher PE ratio.
- CMBTO's earnings are expected to decrease with -25.73% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-40.43%
EPS Next 3Y-25.73%
5. Dividend
5.1 Amount
- CMBTO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OSL:CMBTO (2/27/2026, 4:19:50 PM)
137.9
+4.7 (+3.53%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-26 2025-11-26/bmo
Earnings (Next)02-26 2026-02-26/amc
Inst Owners12.66%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap43.57B
Revenue(TTM)1.76B
Net Income(TTM)306.64M
Analysts83.33
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend54.27
Dividend Growth(5Y)116.35%
DP7.67%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-173.2%
Min EPS beat(2)-198.04%
Max EPS beat(2)-148.37%
EPS beat(4)0
Avg EPS beat(4)-136.26%
Min EPS beat(4)-198.04%
Max EPS beat(4)-49.61%
EPS beat(8)3
Avg EPS beat(8)39.77%
EPS beat(12)7
Avg EPS beat(12)35.97%
EPS beat(16)10
Avg EPS beat(16)32.67%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)19.69%
EPS NQ rev (3m)-2.76%
EPS NY rev (1m)0%
EPS NY rev (3m)6.98%
Revenue NQ rev (1m)3.25%
Revenue NQ rev (3m)5.52%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.99 | ||
| P/S | 2.59 | ||
| P/FCF | N/A | ||
| P/OCF | 13.99 | ||
| P/B | 1.79 | ||
| P/tB | 1.93 | ||
| EV/EBITDA | 13.85 |
EPS(TTM)-2.44
EYN/A
EPS(NY)12.55
Fwd EY9.1%
FCF(TTM)-28.12
FCFYN/A
OCF(TTM)9.86
OCFY7.15%
SpS53.24
BVpS77.07
TBVpS71.28
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.67% | ||
| ROE | 12.04% | ||
| ROCE | 5.39% | ||
| ROIC | 4.15% | ||
| ROICexc | 4.15% | ||
| ROICexgc | 4.26% | ||
| OM | 23.08% | ||
| PM (TTM) | 17.42% | ||
| GM | 52.84% | ||
| FCFM | N/A |
ROA(3y)17.5%
ROA(5y)11.27%
ROE(3y)39.6%
ROE(5y)24.4%
ROIC(3y)9.19%
ROIC(5y)N/A
ROICexc(3y)10.15%
ROICexc(5y)N/A
ROICexgc(3y)10.2%
ROICexgc(5y)N/A
ROCE(3y)11.93%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y15.98%
ROICexc growth 3YN/A
ROICexc growth 5Y15.87%
OM growth 3YN/A
OM growth 5Y14.72%
PM growth 3YN/A
PM growth 5Y49.82%
GM growth 3Y46.27%
GM growth 5Y-0.15%
F-Score3
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.96 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.9 | ||
| Cap/Depr | 395.78% | ||
| Cap/Sales | 71.33% | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | 45.05% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 0.89 |
F-Score3
WACC7.87%
ROIC/WACC0.53
Cap/Depr(3y)357.13%
Cap/Depr(5y)252.34%
Cap/Sales(3y)69.97%
Cap/Sales(5y)65.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-104.54%
EPS 3YN/A
EPS 5Y43.41%
EPS Q2Q%-152.78%
EPS Next Y-87.08%
EPS Next 2Y-40.43%
EPS Next 3Y-25.73%
EPS Next 5Y-21.61%
Revenue 1Y (TTM)17.21%
Revenue growth 3Y30.84%
Revenue growth 5Y0.55%
Sales Q2Q%104.76%
Revenue Next Year48.83%
Revenue Next 2Y40.51%
Revenue Next 3Y34.18%
Revenue Next 5Y21.27%
EBIT growth 1Y-35.16%
EBIT growth 3YN/A
EBIT growth 5Y15.35%
EBIT Next Year116.45%
EBIT Next 3Y54.74%
EBIT Next 5Y29.23%
FCF growth 1Y-329.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-56.33%
OCF growth 3YN/A
OCF growth 5Y11.04%
CMB TECH NV / CMBTO.OL FAQ
What is the fundamental rating for CMBTO stock?
ChartMill assigns a fundamental rating of 4 / 10 to CMBTO.OL.
What is the valuation status for CMBTO stock?
ChartMill assigns a valuation rating of 3 / 10 to CMB TECH NV (CMBTO.OL). This can be considered as Overvalued.
What is the profitability of CMBTO stock?
CMB TECH NV (CMBTO.OL) has a profitability rating of 6 / 10.
Can you provide the financial health for CMBTO stock?
The financial health rating of CMB TECH NV (CMBTO.OL) is 1 / 10.