SBM OFFSHORE NV (SBMO.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:SBMO - NL0000360618 - Common Stock
24.7 EUR
+0.3 (+1.23%)
SBMO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 39 industry peers in the Energy Equipment & Services industry. The financial health of SBMO is average, but there are quite some concerns on its profitability. SBMO has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SBMO was profitable.
SBMO had a positive operating cash flow in the past year.
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 has a Return On Assets of 1.99%. This is in the lower half of the industry: SBMO underperforms 66.67% of its industry peers.
SBMO's Return On Equity of 9.05% is in line compared to the rest of the industry. SBMO outperforms 43.59% of its industry peers.
SBMO has a Return On Invested Capital of 5.81%. This is in the lower half of the industry: SBMO underperforms 66.67% 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 10.99%.
The 3 year average ROIC (5.60%) for SBMO is below the current ROIC(5.81%), indicating increased profibility in the last year.
| 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 58.97% 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 76.92% 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 53.85% 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.
Compared to 1 year ago, SBMO has less shares outstanding
The number of shares outstanding for SBMO has been reduced compared to 5 years ago.
The debt/assets ratio for SBMO has been reduced compared to a year ago.
2.2 Solvency
SBMO has an Altman-Z score of 1.18. This is a bad value and indicates that SBMO is not financially healthy and even 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 46.15% of its industry peers.
SBMO has a debt to FCF ratio of 4.65. This is a neutral value as SBMO would need 4.65 years to pay back of all of its debts.
SBMO has a Debt to FCF ratio (4.65) which is in line with its industry peers.
SBMO has a Debt/Equity ratio of 2.12. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of SBMO (2.12) is worse than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.89
WACC6.51%
2.3 Liquidity
A Current Ratio of 2.08 indicates that SBMO has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.08, SBMO is doing good in the industry, outperforming 71.79% of the companies in the same industry.
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 74.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
SBMO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.08%.
Measured over the past years, SBMO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.75% on average per year.
Looking at the last year, SBMO shows a quite strong growth in Revenue. The Revenue has grown by 14.18% in the last year.
SBMO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.13% yearly.
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.
The Revenue is expected to decrease by -5.74% on average over the next years.
EPS Next Y-26.6%
EPS Next 2Y-14.76%
EPS Next 3Y-0.08%
EPS Next 5Y-10.01%
Revenue Next Year-16.7%
Revenue Next 2Y-8.75%
Revenue Next 3Y0.69%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 14.03, which indicates a correct valuation of SBMO.
Compared to the rest of the industry, the Price/Earnings ratio of SBMO is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.15, SBMO is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 9.48, the valuation of SBMO can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SBMO is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 36.22. SBMO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.03 | ||
| Fwd PE | 9.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SBMO is valued a bit more expensive than 64.10% of the companies in the same industry.
89.74% 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 | 2.5 | ||
| EV/EBITDA | 10.58 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.76%
EPS Next 3Y-0.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.49%, SBMO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.32, 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 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
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.
SBMO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP104.21%
EPS Next 2Y-14.76%
EPS Next 3Y-0.08%
AMS:SBMO (12/3/2025, 1:31:02 PM)
24.7
+0.3 (+1.23%)
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 Cap4.23B
Revenue(TTM)5.40B
Net Income(TTM)356.00M
Analysts82.86
Price Target28.99 (17.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
Yearly Dividend1.22
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)3.18%
PT rev (3m)3.98%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.21%
EPS NY rev (3m)-5.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.03 | ||
| Fwd PE | 9.48 | ||
| P/S | 0.91 | ||
| P/FCF | 2.5 | ||
| P/OCF | 2.38 | ||
| P/B | 1.25 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 10.58 |
EPS(TTM)1.76
EY7.13%
EPS(NY)2.61
Fwd EY10.55%
FCF(TTM)9.89
FCFY40.06%
OCF(TTM)10.38
OCFY42.01%
SpS27.15
BVpS19.76
TBVpS18.82
PEG (NY)N/A
PEG (5Y)N/A
Graham Number27.97
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
WACC6.51%
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-26.6%
EPS Next 2Y-14.76%
EPS Next 3Y-0.08%
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-16.7%
Revenue Next 2Y-8.75%
Revenue Next 3Y0.69%
Revenue Next 5Y-5.74%
EBIT growth 1Y4.96%
EBIT growth 3Y12.01%
EBIT growth 5Y4.17%
EBIT Next Year22.93%
EBIT Next 3Y11.9%
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 4 / 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 -26.6% in the next year.