SUBSEA 7 SA (SUBC.OL) Stock Fundamental Analysis
OSL:SUBC - Euronext Oslo - LU0075646355 - Common Stock - Currency: NOK
Taking everything into account, SUBC scores 5 out of 10 in our fundamental rating. SUBC was compared to 36 industry peers in the Energy Equipment & Services industry. SUBC has only an average score on both its financial health and profitability. SUBC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SUBC was profitable.
SUBC had a positive operating cash flow in the past year.
SUBC had positive earnings in 4 of the past 5 years.
SUBC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SUBC has a worse Return On Assets (2.47%) than 63.89% of its industry peers.
SUBC's Return On Equity of 4.48% is on the low side compared to the rest of the industry. SUBC is outperformed by 66.67% of its industry peers.
SUBC has a Return On Invested Capital of 6.91%. This is comparable to the rest of the industry: SUBC outperforms 47.22% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SUBC is significantly below the industry average of 11.23%.
The last Return On Invested Capital (6.91%) for SUBC is above the 3 year average (3.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.47% | ||
| ROE | 4.48% | ||
| ROIC | 6.91% |
ROA(3y)1.21%
ROA(5y)-2.65%
ROE(3y)2.16%
ROE(5y)-3.72%
ROIC(3y)3.46%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 2.78%, SUBC is doing worse than 69.44% of the companies in the same industry.
SUBC's Profit Margin has improved in the last couple of years.
SUBC has a Operating Margin of 6.74%. This is in the lower half of the industry: SUBC underperforms 69.44% of its industry peers.
In the last couple of years the Operating Margin of SUBC has grown nicely.
SUBC has a Gross Margin (11.26%) which is in line with its industry peers.
SUBC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.74% | ||
| PM (TTM) | 2.78% | ||
| GM | 11.26% |
OM growth 3Y41.82%
OM growth 5Y9.29%
PM growth 3Y66.8%
PM growth 5YN/A
GM growth 3Y15.93%
GM growth 5Y-1.33%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SUBC is destroying value.
Compared to 1 year ago, SUBC has less shares outstanding
The number of shares outstanding for SUBC has been reduced compared to 5 years ago.
Compared to 1 year ago, SUBC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.42 indicates that SUBC is not a great score, but indicates only limited risk for bankruptcy at the moment.
SUBC's Altman-Z score of 2.42 is fine compared to the rest of the industry. SUBC outperforms 75.00% of its industry peers.
The Debt to FCF ratio of SUBC is 1.68, which is an excellent value as it means it would take SUBC, only 1.68 years of fcf income to pay off all of its debts.
SUBC's Debt to FCF ratio of 1.68 is amongst the best of the industry. SUBC outperforms 80.56% of its industry peers.
SUBC has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
SUBC has a better Debt to Equity ratio (0.17) than 80.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 2.42 |
ROIC/WACC0.76
WACC9.12%
2.3 Liquidity
A Current Ratio of 1.04 indicates that SUBC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.04, SUBC is doing worse than 72.22% of the companies in the same industry.
A Quick Ratio of 1.02 indicates that SUBC should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.02, SUBC is not doing good in the industry: 63.89% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
SUBC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 161.76%, which is quite impressive.
Measured over the past years, SUBC shows a very strong growth in Earnings Per Share. The EPS has been growing by 82.63% on average per year.
SUBC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.45%.
The Revenue has been growing by 13.33% on average over the past years. This is quite good.
EPS 1Y (TTM)161.76%
EPS 3Y82.63%
EPS 5YN/A
EPS Q2Q%125%
Revenue 1Y (TTM)14.45%
Revenue growth 3Y10.92%
Revenue growth 5Y13.33%
Sales Q2Q%0.97%
3.2 Future
Based on estimates for the next years, SUBC will show a very strong growth in Earnings Per Share. The EPS will grow by 27.94% on average per year.
Based on estimates for the next years, SUBC will show a small growth in Revenue. The Revenue will grow by 4.94% on average per year.
EPS Next Y105.4%
EPS Next 2Y67.06%
EPS Next 3Y43.53%
EPS Next 5Y27.94%
Revenue Next Year5.82%
Revenue Next 2Y4.07%
Revenue Next 3Y3.56%
Revenue Next 5Y4.94%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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
A Price/Earnings ratio of 21.80 indicates a rather expensive valuation of SUBC.
Based on the Price/Earnings ratio, SUBC is valued a bit more expensive than the industry average as 61.11% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 26.48. SUBC is around the same levels.
With a Price/Forward Earnings ratio of 10.37, the valuation of SUBC can be described as very reasonable.
Based on the Price/Forward Earnings ratio, SUBC is valued a bit more expensive than 66.67% of the companies in the same industry.
SUBC is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.8 | ||
| Fwd PE | 10.37 |
4.2 Price Multiples
SUBC's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, SUBC is valued a bit cheaper than the industry average as 61.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.93 | ||
| EV/EBITDA | 5.8 |
4.3 Compensation for Growth
SUBC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SUBC's earnings are expected to grow with 43.53% in the coming years.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y67.06%
EPS Next 3Y43.53%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.56%, SUBC is a good candidate for dividend investing.
SUBC's Dividend Yield is a higher than the industry average which is at 6.46.
Compared to an average S&P500 Dividend Yield of 2.39, SUBC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.56% |
5.2 History
The dividend of SUBC decreases each year by -2.89%.
Dividend Growth(5Y)-2.89%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SUBC pays out 84.19% of its income as dividend. This is not a sustainable payout ratio.
DP84.19%
EPS Next 2Y67.06%
EPS Next 3Y43.53%
OSL:SUBC (8/8/2025, 7:00:00 PM)
199
+0.8 (+0.4%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners53.3%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap59.62B
Analysts80.8
Price Target240.6 (20.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.56% |
Yearly Dividend5.61
Dividend Growth(5Y)-2.89%
DP84.19%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-56.87%
Min EPS beat(2)-71.13%
Max EPS beat(2)-42.61%
EPS beat(4)1
Avg EPS beat(4)-21.51%
Min EPS beat(4)-71.13%
Max EPS beat(4)31.92%
EPS beat(8)4
Avg EPS beat(8)34.69%
EPS beat(12)6
Avg EPS beat(12)48.07%
EPS beat(16)8
Avg EPS beat(16)21.37%
Revenue beat(2)2
Avg Revenue beat(2)2.88%
Min Revenue beat(2)1.36%
Max Revenue beat(2)4.4%
Revenue beat(4)4
Avg Revenue beat(4)2.08%
Min Revenue beat(4)1.1%
Max Revenue beat(4)4.4%
Revenue beat(8)8
Avg Revenue beat(8)3.31%
Revenue beat(12)11
Avg Revenue beat(12)3.2%
Revenue beat(16)14
Avg Revenue beat(16)3.23%
PT rev (1m)4.95%
PT rev (3m)4.95%
EPS NQ rev (1m)-3.06%
EPS NQ rev (3m)-3.83%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.79%
Revenue NQ rev (3m)-0.74%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.8 | ||
| Fwd PE | 10.37 | ||
| P/S | 0.83 | ||
| P/FCF | 8.93 | ||
| P/OCF | 5.86 | ||
| P/B | 1.35 | ||
| P/tB | 1.44 | ||
| EV/EBITDA | 5.8 |
EPS(TTM)9.13
EY4.59%
EPS(NY)19.19
Fwd EY9.64%
FCF(TTM)22.28
FCFY11.19%
OCF(TTM)33.99
OCFY17.08%
SpS238.79
BVpS147.9
TBVpS138.22
PEG (NY)0.21
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.47% | ||
| ROE | 4.48% | ||
| ROCE | 8.98% | ||
| ROIC | 6.91% | ||
| ROICexc | 7.58% | ||
| ROICexgc | 8.05% | ||
| OM | 6.74% | ||
| PM (TTM) | 2.78% | ||
| GM | 11.26% | ||
| FCFM | 9.33% |
ROA(3y)1.21%
ROA(5y)-2.65%
ROE(3y)2.16%
ROE(5y)-3.72%
ROIC(3y)3.46%
ROIC(5y)N/A
ROICexc(3y)3.93%
ROICexc(5y)N/A
ROICexgc(3y)4.16%
ROICexgc(5y)N/A
ROCE(3y)4.5%
ROCE(5y)N/A
ROICexcg growth 3Y56.37%
ROICexcg growth 5Y26.11%
ROICexc growth 3Y55.98%
ROICexc growth 5Y28.26%
OM growth 3Y41.82%
OM growth 5Y9.29%
PM growth 3Y66.8%
PM growth 5YN/A
GM growth 3Y15.93%
GM growth 5Y-1.33%
F-Score8
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.68 | ||
| Debt/EBITDA | 0.66 | ||
| Cap/Depr | 53.41% | ||
| Cap/Sales | 4.9% | ||
| Interest Coverage | 4.38 | ||
| Cash Conversion | 89.4% | ||
| Profit Quality | 336.07% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 2.42 |
F-Score8
WACC9.12%
ROIC/WACC0.76
Cap/Depr(3y)71.19%
Cap/Depr(5y)58.47%
Cap/Sales(3y)6.45%
Cap/Sales(5y)5.59%
Profit Quality(3y)408.37%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)161.76%
EPS 3Y82.63%
EPS 5YN/A
EPS Q2Q%125%
EPS Next Y105.4%
EPS Next 2Y67.06%
EPS Next 3Y43.53%
EPS Next 5Y27.94%
Revenue 1Y (TTM)14.45%
Revenue growth 3Y10.92%
Revenue growth 5Y13.33%
Sales Q2Q%0.97%
Revenue Next Year5.82%
Revenue Next 2Y4.07%
Revenue Next 3Y3.56%
Revenue Next 5Y4.94%
EBIT growth 1Y287.94%
EBIT growth 3Y57.3%
EBIT growth 5Y23.86%
EBIT Next Year200.76%
EBIT Next 3Y50.93%
EBIT Next 5Y28.67%
FCF growth 1Y1280.68%
FCF growth 3Y65.58%
FCF growth 5Y42.68%
OCF growth 1Y212.11%
OCF growth 3Y46.69%
OCF growth 5Y21.12%