SBM OFFSHORE NV (SBMO.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:SBMO - NL0000360618 - Common Stock
24.54 EUR
-0.02 (-0.08%)
Taking everything into account, SBMO scores 4 out of 10 in our fundamental rating. SBMO was compared to 37 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
SBMO had positive earnings in the past year.
In the past year SBMO had a positive cash flow from operations.
In the past 5 years SBMO has always been profitable.
In the past 5 years SBMO reported 4 times negative operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.99%, SBMO is not doing good in the industry: 67.57% of the companies in the same industry are doing better.
SBMO has a Return On Equity (9.05%) which is comparable to the rest of the industry.
SBMO has a worse Return On Invested Capital (5.81%) than 67.57% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SBMO is significantly below the industry average of 10.86%.
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 of 6.59%. This is comparable to the rest of the industry: SBMO outperforms 56.76% of its industry peers.
In the last couple of years the Profit Margin of SBMO has declined.
SBMO has a better Operating Margin (21.52%) than 78.38% of its industry peers.
SBMO's Operating Margin has declined in the last couple of years.
SBMO has a Gross Margin (25.83%) which is in line with 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
SBMO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for SBMO has been reduced compared to 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 1.18, we must say that SBMO is in the distress zone and has some risk of bankruptcy.
SBMO has a Altman-Z score of 1.18. This is comparable to the rest of the industry: SBMO outperforms 51.35% of its industry peers.
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 48.65% of the companies in the same industry.
A Debt/Equity ratio of 2.12 is on the high side and indicates that SBMO has dependencies on debt financing.
With a Debt to Equity ratio value of 2.12, SBMO is not doing good in the industry: 89.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.89
WACC6.52%
2.3 Liquidity
SBMO has a Current Ratio of 2.08. This indicates that SBMO is financially healthy and has no problem in meeting its short term obligations.
SBMO has a Current ratio of 2.08. This is in the better half of the industry: SBMO outperforms 70.27% of its industry peers.
A Quick Ratio of 2.03 indicates that SBMO has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.03, SBMO is doing good in the industry, outperforming 72.97% 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 -13.08% in the last year.
The earnings per share for SBMO have been decreasing by -14.75% 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)-13.08%
EPS 3Y-27.49%
EPS 5Y-14.75%
EPS Q2Q%184.62%
Revenue 1Y (TTM)14.18%
Revenue growth 3Y9.22%
Revenue growth 5Y7.13%
Sales Q2Q%4.1%
3.2 Future
SBMO is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -10.01% yearly.
SBMO is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.74% yearly.
EPS Next Y-16.17%
EPS Next 2Y-7.4%
EPS Next 3Y-8.38%
EPS Next 5Y-10.01%
Revenue Next Year-16%
Revenue Next 2Y2.41%
Revenue Next 3Y-5.91%
Revenue Next 5Y-5.74%
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 accelerating.
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
The Price/Earnings ratio is 14.18, which indicates a correct valuation of SBMO.
SBMO's Price/Earnings is on the same level as the industry average.
SBMO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 8.10 indicates a reasonable valuation of SBMO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SBMO indicates a somewhat cheap valuation: SBMO is cheaper than 70.27% of the companies listed in the same industry.
SBMO is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.18 | ||
| Fwd PE | 8.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SBMO is valued a bit more expensive than 67.57% of the companies in the same industry.
89.19% of the companies in the same industry are more expensive than SBMO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.52 | ||
| EV/EBITDA | 10.66 |
4.3 Compensation for Growth
SBMO's earnings are expected to decrease with -8.38% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.4%
EPS Next 3Y-8.38%
5. Dividend
5.1 Amount
SBMO has a Yearly Dividend Yield of 3.52%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.55, SBMO has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, SBMO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
5.2 History
On average, the dividend of SBMO grows each year by 21.37%, which is quite nice.
Dividend Growth(5Y)21.37%
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-7.4%
EPS Next 3Y-8.38%
AMS:SBMO (12/24/2025, 7:00:00 PM)
24.54
-0.02 (-0.08%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners46.54%
Inst Owner ChangeN/A
Ins Owners0.4%
Ins Owner ChangeN/A
Market Cap4.21B
Revenue(TTM)5.40B
Net Income(TTM)356.00M
Analysts82.86
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
Yearly Dividend1.2
Dividend Growth(5Y)21.37%
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)9%
PT rev (3m)9.39%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)14.2%
EPS NY rev (3m)8.16%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.84%
Revenue NY rev (3m)1.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.18 | ||
| Fwd PE | 8.1 | ||
| P/S | 0.92 | ||
| P/FCF | 2.52 | ||
| P/OCF | 2.4 | ||
| P/B | 1.26 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 10.66 |
EPS(TTM)1.73
EY7.05%
EPS(NY)3.03
Fwd EY12.35%
FCF(TTM)9.75
FCFY39.72%
OCF(TTM)10.22
OCFY41.66%
SpS26.75
BVpS19.47
TBVpS18.54
PEG (NY)N/A
PEG (5Y)N/A
Graham Number27.53
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%
ROICexgc growth 3Y-1.98%
ROICexgc 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 | 1.18 |
F-Score5
WACC6.52%
ROIC/WACC0.89
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)-13.08%
EPS 3Y-27.49%
EPS 5Y-14.75%
EPS Q2Q%184.62%
EPS Next Y-16.17%
EPS Next 2Y-7.4%
EPS Next 3Y-8.38%
EPS Next 5Y-10.01%
Revenue 1Y (TTM)14.18%
Revenue growth 3Y9.22%
Revenue growth 5Y7.13%
Sales Q2Q%4.1%
Revenue Next Year-16%
Revenue Next 2Y2.41%
Revenue Next 3Y-5.91%
Revenue Next 5Y-5.74%
EBIT growth 1Y4.96%
EBIT growth 3Y12.01%
EBIT growth 5Y4.17%
EBIT Next Year28.83%
EBIT Next 3Y4.99%
EBIT Next 5Y-1.62%
FCF growth 1Y204.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y219.09%
OCF growth 3YN/A
OCF growth 5YN/A
SBM OFFSHORE NV / SBMO.AS FAQ
What is the ChartMill fundamental rating of SBM OFFSHORE NV (SBMO.AS) stock?
ChartMill assigns a fundamental rating of 4 / 10 to SBMO.AS.
What is the valuation status for SBMO stock?
ChartMill assigns a valuation rating of 5 / 10 to SBM OFFSHORE NV (SBMO.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for SBM OFFSHORE NV?
SBM OFFSHORE NV (SBMO.AS) has a profitability rating of 3 / 10.
What is the financial health of SBM OFFSHORE NV (SBMO.AS) stock?
The financial health rating of SBM OFFSHORE NV (SBMO.AS) is 5 / 10.
Can you provide the expected EPS growth for SBMO stock?
The Earnings per Share (EPS) of SBM OFFSHORE NV (SBMO.AS) is expected to decline by -16.17% in the next year.