SEABIRD EXPLORATION PLC (SBX.OL) Stock Fundamental Analysis
OSL:SBX - Euronext Oslo - CY0101162119 - Common Stock - Currency: NOK
SBX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 35 industry peers in the Energy Equipment & Services industry. SBX has an excellent financial health rating, but there are some minor concerns on its profitability. SBX is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make SBX suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year SBX was profitable.
SBX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: SBX reported negative net income in multiple years.
Of the past 5 years SBX 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 13.46%, SBX belongs to the top of the industry, outperforming 88.57% of the companies in the same industry.
SBX has a better Return On Equity (22.62%) than 82.86% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.80%, SBX is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.46% | ||
| ROE | 22.62% | ||
| ROIC | 13.8% |
ROA(3y)-0.09%
ROA(5y)-7.8%
ROE(3y)-3.49%
ROE(5y)-18.12%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SBX has a better Profit Margin (18.95%) than 82.86% of its industry peers.
The Operating Margin of SBX (20.28%) is better than 80.00% of its industry peers.
SBX's Gross Margin of 52.18% is amongst the best of the industry. SBX outperforms 82.86% of its industry peers.
In the last couple of years the Gross Margin of SBX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.28% | ||
| PM (TTM) | 18.95% | ||
| GM | 52.18% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y62.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SBX is creating some value.
The number of shares outstanding for SBX remains at a similar level compared to 1 year ago.
SBX has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, SBX has an improved debt to assets ratio.
2.2 Solvency
SBX has an Altman-Z score of 3.10. This indicates that SBX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.10, SBX belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
SBX has a debt to FCF ratio of 1.32. This is a very positive value and a sign of high solvency as it would only need 1.32 years to pay back of all of its debts.
The Debt to FCF ratio of SBX (1.32) is better than 88.57% of its industry peers.
SBX has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
SBX has a Debt to Equity ratio of 0.35. This is in the better half of the industry: SBX outperforms 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.32 | ||
| Altman-Z | 3.1 |
ROIC/WACC1.45
WACC9.49%
2.3 Liquidity
A Current Ratio of 1.45 indicates that SBX should not have too much problems paying its short term obligations.
With a Current ratio value of 1.45, SBX perfoms like the industry average, outperforming 51.43% of the companies in the same industry.
SBX has a Quick Ratio of 1.42. This is a normal value and indicates that SBX is financially healthy and should not expect problems in meeting its short term obligations.
SBX has a Quick ratio of 1.42. This is comparable to the rest of the industry: SBX outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
SBX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.00%.
SBX shows a small growth in Revenue. In the last year, the Revenue has grown by 2.36%.
Measured over the past years, SBX shows a decrease in Revenue. The Revenue has been decreasing by -4.71% on average per year.
EPS 1Y (TTM)-10%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)2.36%
Revenue growth 3Y19.64%
Revenue growth 5Y-4.71%
Sales Q2Q%19.47%
3.2 Future
The Earnings Per Share is expected to grow by 0.33% on average over the next years.
Based on estimates for the next years, SBX will show a very strong growth in Revenue. The Revenue will grow by 61.34% on average per year.
EPS Next Y23.44%
EPS Next 2Y5.93%
EPS Next 3Y0.33%
EPS Next 5YN/A
Revenue Next Year172.86%
Revenue Next 2Y109.08%
Revenue Next 3Y61.34%
Revenue Next 5YN/A
3.3 Evolution
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
A Price/Earnings ratio of 7.52 indicates a rather cheap valuation of SBX.
Compared to the rest of the industry, the Price/Earnings ratio of SBX indicates a somewhat cheap valuation: SBX is cheaper than 74.29% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.25. SBX is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 6.12, the valuation of SBX can be described as very cheap.
Based on the Price/Forward Earnings ratio, SBX is valued a bit cheaper than the industry average as 77.14% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SBX to the average of the S&P500 Index (22.15), we can say SBX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.52 | ||
| Fwd PE | 6.12 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SBX indicates a somewhat cheap valuation: SBX is cheaper than 77.14% of the companies listed in the same industry.
71.43% of the companies in the same industry are more expensive than SBX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.36 | ||
| EV/EBITDA | 4.58 |
4.3 Compensation for Growth
SBX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SBX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y5.93%
EPS Next 3Y0.33%
5. Dividend
5.1 Amount
SBX has a Yearly Dividend Yield of 4.08%, which is a nice return.
Compared to an average industry Dividend Yield of 6.53, SBX has a dividend in line with its industry peers.
SBX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.08% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SBX pays out 55.80% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP55.8%
EPS Next 2Y5.93%
EPS Next 3Y0.33%
OSL:SBX (5/30/2025, 7:00:00 PM)
6.92
+0.28 (+4.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners8.78%
Inst Owner ChangeN/A
Ins Owners8.87%
Ins Owner ChangeN/A
Market Cap556.92M
Analysts84
Price Target7.91 (14.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.08% |
Yearly Dividend0.48
Dividend Growth(5Y)N/A
DP55.8%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.99%
Min EPS beat(2)-0.99%
Max EPS beat(2)-0.99%
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)1
Avg Revenue beat(2)0.26%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)1.25%
Revenue beat(4)2
Avg Revenue beat(4)-1.2%
Min Revenue beat(4)-18.99%
Max Revenue beat(4)13.67%
Revenue beat(8)3
Avg Revenue beat(8)-6.29%
Revenue beat(12)4
Avg Revenue beat(12)-9.53%
Revenue beat(16)7
Avg Revenue beat(16)-5.16%
PT rev (1m)3.33%
PT rev (3m)3.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-10%
Revenue NQ rev (3m)-10%
Revenue NY rev (1m)151.32%
Revenue NY rev (3m)151.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.52 | ||
| Fwd PE | 6.12 | ||
| P/S | 1.54 | ||
| P/FCF | 5.36 | ||
| P/OCF | 4.36 | ||
| P/B | 1.84 | ||
| P/tB | 1.84 | ||
| EV/EBITDA | 4.58 |
EPS(TTM)0.92
EY13.29%
EPS(NY)1.13
Fwd EY16.35%
FCF(TTM)1.29
FCFY18.67%
OCF(TTM)1.59
OCFY22.94%
SpS4.49
BVpS3.76
TBVpS3.76
PEG (NY)0.32
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.46% | ||
| ROE | 22.62% | ||
| ROCE | 17.93% | ||
| ROIC | 13.8% | ||
| ROICexc | 15.36% | ||
| ROICexgc | 15.36% | ||
| OM | 20.28% | ||
| PM (TTM) | 18.95% | ||
| GM | 52.18% | ||
| FCFM | 28.79% |
ROA(3y)-0.09%
ROA(5y)-7.8%
ROE(3y)-3.49%
ROE(5y)-18.12%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y62.43%
F-Score8
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.32 | ||
| Debt/EBITDA | 0.77 | ||
| Cap/Depr | 37.05% | ||
| Cap/Sales | 6.59% | ||
| Interest Coverage | 4.03 | ||
| Cash Conversion | 92.96% | ||
| Profit Quality | 151.94% | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 3.1 |
F-Score8
WACC9.49%
ROIC/WACC1.45
Cap/Depr(3y)41.91%
Cap/Depr(5y)91.65%
Cap/Sales(3y)11.28%
Cap/Sales(5y)28.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
EPS Next Y23.44%
EPS Next 2Y5.93%
EPS Next 3Y0.33%
EPS Next 5YN/A
Revenue 1Y (TTM)2.36%
Revenue growth 3Y19.64%
Revenue growth 5Y-4.71%
Sales Q2Q%19.47%
Revenue Next Year172.86%
Revenue Next 2Y109.08%
Revenue Next 3Y61.34%
Revenue Next 5YN/A
EBIT growth 1Y207.66%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year414.06%
EBIT Next 3Y103.88%
EBIT Next 5YN/A
FCF growth 1Y77.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y47.68%
OCF growth 3Y26.01%
OCF growth 5YN/A