SBM OFFSHORE NV (SBMO.AS) Stock Fundamental Analysis
Europe - AMS:SBMO - NL0000360618 - Common Stock
21.46 EUR
-0.06 (-0.28%)
Overall SBMO gets a fundamental rating of 4 out of 10. We evaluated SBMO against 35 industry peers in the Energy Equipment & Services industry. SBMO scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SBMO has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year SBMO was profitable.
In the past year SBMO had a positive cash flow from operations.
Each year in the past 5 years SBMO has been profitable.
In the past 5 years SBMO reported 4 times negative operating cash flow.
1.2 Ratios
SBMO's Return On Assets of 1.99% is on the low side compared to the rest of the industry. SBMO is outperformed by 72.50% of its industry peers.
Looking at the Return On Equity, with a value of 9.05%, SBMO is doing worse than 60.00% of the companies in the same industry.
SBMO has a worse Return On Invested Capital (5.81%) than 70.00% of its industry peers.
SBMO had an Average Return On Invested Capital over the past 3 years of 5.60%. This is significantly below the industry average of 11.28%.
The last Return On Invested Capital (5.81%) for SBMO is above the 3 year average (5.60%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 9.05% | ||
| ROIC | 5.81% |
ROA(3y)2.19%
ROA(5y)2.26%
ROE(3y)10.18%
ROE(5y)10.7%
ROIC(3y)5.6%
ROIC(5y)5.51%
1.3 Margins
SBMO has a Profit Margin (6.59%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of SBMO has declined.
SBMO has a Operating Margin of 21.52%. This is in the better half of the industry: SBMO outperforms 80.00% of its industry peers.
In the last couple of years the Operating Margin of SBMO has declined.
SBMO's Gross Margin of 25.83% is in line compared to the rest of the industry. SBMO outperforms 60.00% of its industry peers.
In the last couple of years the Gross Margin of SBMO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.52% | ||
| PM (TTM) | 6.59% | ||
| GM | 25.83% |
OM growth 3Y2.55%
OM growth 5Y-2.75%
PM growth 3Y-33.97%
PM growth 5Y-21.9%
GM growth 3Y0.89%
GM growth 5Y-2.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SBMO is destroying value.
SBMO has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SBMO has less shares outstanding
The debt/assets ratio for SBMO has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that SBMO is in the distress zone and has some risk of bankruptcy.
SBMO has a Altman-Z score (1.16) which is comparable to the rest of the industry.
The Debt to FCF ratio of SBMO is 4.65, which is a neutral value as it means it would take SBMO, 4.65 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 4.65, SBMO perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
SBMO has a Debt/Equity ratio of 2.12. This is a high value indicating a heavy dependency on external financing.
SBMO has a worse Debt to Equity ratio (2.12) than 82.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 1.16 |
ROIC/WACC0.93
WACC6.28%
2.3 Liquidity
A Current Ratio of 2.08 indicates that SBMO has no problem at all paying its short term obligations.
SBMO's Current ratio of 2.08 is fine compared to the rest of the industry. SBMO outperforms 72.50% of its industry peers.
SBMO has a Quick Ratio of 2.03. This indicates that SBMO is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.03, SBMO is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
The earnings per share for SBMO have decreased strongly by -13.15% in the last year.
The earnings per share for SBMO have been decreasing by -14.78% on average. This is quite bad
SBMO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.18%.
The Revenue has been growing slightly by 7.13% on average over the past years.
EPS 1Y (TTM)-13.15%
EPS 3Y-27.53%
EPS 5Y-14.78%
EPS Q2Q%186.23%
Revenue 1Y (TTM)14.18%
Revenue growth 3Y9.22%
Revenue growth 5Y7.13%
Sales Q2Q%4.1%
3.2 Future
The Earnings Per Share is expected to decrease by -12.72% on average over the next years. This is quite bad
Based on estimates for the next years, SBMO will show a very negative growth in Revenue. The Revenue will decrease by -10.39% on average per year.
EPS Next Y-26.75%
EPS Next 2Y-14.91%
EPS Next 3Y0%
EPS Next 5Y-12.72%
Revenue Next Year-16.92%
Revenue Next 2Y-9.34%
Revenue Next 3Y0.19%
Revenue Next 5Y-10.39%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SBMO is valuated correctly with a Price/Earnings ratio of 12.40.
SBMO's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of SBMO to the average of the S&P500 Index (27.86), we can say SBMO is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.35, the valuation of SBMO can be described as reasonable.
SBMO's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of SBMO to the average of the S&P500 Index (23.32), we can say SBMO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.4 | ||
| Fwd PE | 8.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SBMO indicates a slightly more expensive valuation: SBMO is more expensive than 67.50% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, SBMO is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.26 | ||
| EV/EBITDA | 10.24 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.91%
EPS Next 3Y0%
5. Dividend
5.1 Amount
SBMO has a Yearly Dividend Yield of 4.00%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.02, SBMO has a dividend in line with its industry peers.
SBMO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
5.2 History
The dividend of SBMO is nicely growing with an annual growth rate of 21.40%!
Dividend Growth(5Y)21.4%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
SBMO pays out 104.21% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of SBMO has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP104.21%
EPS Next 2Y-14.91%
EPS Next 3Y0%
AMS:SBMO (10/3/2025, 7:00:00 PM)
21.46
-0.06 (-0.28%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners42.81%
Inst Owner ChangeN/A
Ins Owners1.2%
Ins Owner ChangeN/A
Market Cap3.78B
Analysts82.86
Price Target28.1 (30.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4% |
Yearly Dividend1.2
Dividend Growth(5Y)21.4%
DP104.21%
Div Incr Years1
Div Non Decr Years1
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)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)0.78%
PT rev (3m)2.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-5.49%
EPS NY rev (3m)18.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)5.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.4 | ||
| Fwd PE | 8.35 | ||
| P/S | 0.82 | ||
| P/FCF | 2.26 | ||
| P/OCF | 2.15 | ||
| P/B | 1.13 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 10.24 |
EPS(TTM)1.73
EY8.06%
EPS(NY)2.57
Fwd EY11.98%
FCF(TTM)9.51
FCFY44.34%
OCF(TTM)9.98
OCFY46.5%
SpS26.11
BVpS19.01
TBVpS18.1
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 9.05% | ||
| ROCE | 7.83% | ||
| ROIC | 5.81% | ||
| ROICexc | 6.24% | ||
| ROICexgc | 6.33% | ||
| OM | 21.52% | ||
| PM (TTM) | 6.59% | ||
| GM | 25.83% | ||
| FCFM | 36.44% |
ROA(3y)2.19%
ROA(5y)2.26%
ROE(3y)10.18%
ROE(5y)10.7%
ROIC(3y)5.6%
ROIC(5y)5.51%
ROICexc(3y)5.89%
ROICexc(5y)5.92%
ROICexgc(3y)5.96%
ROICexgc(5y)5.98%
ROCE(3y)7.55%
ROCE(5y)7.43%
ROICexcg growth 3Y-1.98%
ROICexcg growth 5Y-5.86%
ROICexc growth 3Y-2.09%
ROICexc growth 5Y-6.05%
OM growth 3Y2.55%
OM growth 5Y-2.75%
PM growth 3Y-33.97%
PM growth 5Y-21.9%
GM growth 3Y0.89%
GM growth 5Y-2.99%
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Debt/EBITDA | 6.8 | ||
| Cap/Depr | 145.46% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | 3.09 | ||
| Cash Conversion | 168.02% | ||
| Profit Quality | 553.09% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.03 | ||
| Altman-Z | 1.16 |
F-Score5
WACC6.28%
ROIC/WACC0.93
Cap/Depr(3y)176.11%
Cap/Depr(5y)120.94%
Cap/Sales(3y)2.53%
Cap/Sales(5y)2.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.15%
EPS 3Y-27.53%
EPS 5Y-14.78%
EPS Q2Q%186.23%
EPS Next Y-26.75%
EPS Next 2Y-14.91%
EPS Next 3Y0%
EPS Next 5Y-12.72%
Revenue 1Y (TTM)14.18%
Revenue growth 3Y9.22%
Revenue growth 5Y7.13%
Sales Q2Q%4.1%
Revenue Next Year-16.92%
Revenue Next 2Y-9.34%
Revenue Next 3Y0.19%
Revenue Next 5Y-10.39%
EBIT growth 1Y4.96%
EBIT growth 3Y12.01%
EBIT growth 5Y4.17%
EBIT Next Year22.93%
EBIT Next 3Y11.9%
EBIT Next 5Y2.31%
FCF growth 1Y204.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y219.09%
OCF growth 3YN/A
OCF growth 5YN/A