SUBSEA 7 SA (SUBC.OL) Stock Fundamental Analysis
OSL:SUBC - LU0075646355 - Common Stock
206.8 NOK
-1.4 (-0.67%)
Taking everything into account, SUBC scores 5 out of 10 in our fundamental rating. SUBC was compared to 37 industry peers in the Energy Equipment & Services industry. SUBC has an average financial health and profitability rating. SUBC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SUBC had positive earnings in the past year.
In the past year SUBC had a positive cash flow from operations.
Of the past 5 years SUBC 4 years were profitable.
SUBC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SUBC has a Return On Assets (3.37%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 6.48%, SUBC is doing worse than 67.57% of the companies in the same industry.
SUBC has a Return On Invested Capital (7.83%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SUBC is significantly below the industry average of 11.49%.
The 3 year average ROIC (3.46%) for SUBC is below the current ROIC(7.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 6.48% | ||
| ROIC | 7.83% |
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 3.84%, SUBC is doing worse than 70.27% of the companies in the same industry.
In the last couple of years the Profit Margin of SUBC has grown nicely.
With a Operating Margin value of 7.32%, SUBC is not doing good in the industry: 67.57% of the companies in the same industry are doing better.
SUBC's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 12.07%, SUBC perfoms like the industry average, outperforming 43.24% of the companies in the same industry.
In the last couple of years the Gross Margin of SUBC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.32% | ||
| PM (TTM) | 3.84% | ||
| GM | 12.07% |
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.
The number of shares outstanding for SUBC has been reduced compared to 1 year ago.
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 2.33 indicates that SUBC is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.33, SUBC is in the better half of the industry, outperforming 75.68% of the companies in the same industry.
The Debt to FCF ratio of SUBC is 1.28, which is an excellent value as it means it would take SUBC, only 1.28 years of fcf income to pay off all of its debts.
SUBC has a Debt to FCF ratio of 1.28. This is amongst the best in the industry. SUBC outperforms 83.78% of its industry peers.
A Debt/Equity ratio of 0.17 indicates that SUBC is not too dependend on debt financing.
SUBC has a better Debt to Equity ratio (0.17) than 81.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.85
WACC9.18%
2.3 Liquidity
A Current Ratio of 0.97 indicates that SUBC may have some problems paying its short term obligations.
With a Current ratio value of 0.97, SUBC is not doing good in the industry: 75.68% of the companies in the same industry are doing better.
A Quick Ratio of 0.95 indicates that SUBC may have some problems paying its short term obligations.
SUBC's Quick ratio of 0.95 is on the low side compared to the rest of the industry. SUBC is outperformed by 72.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.95 |
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.
SUBC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 82.63% yearly.
Looking at the last year, SUBC shows a quite strong growth in Revenue. The Revenue has grown by 10.15% in the last year.
Measured over the past years, SUBC shows a quite strong growth in Revenue. The Revenue has been growing by 13.33% on average per year.
EPS 1Y (TTM)161.76%
EPS 3Y82.63%
EPS 5YN/A
EPS Q2Q%125%
Revenue 1Y (TTM)10.15%
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 quite strong growth in Earnings Per Share. The EPS will grow by 18.27% on average per year.
SUBC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.37% yearly.
EPS Next Y104.3%
EPS Next 2Y64.32%
EPS Next 3Y43%
EPS Next 5Y18.27%
Revenue Next Year5.53%
Revenue Next 2Y4.07%
Revenue Next 3Y3.25%
Revenue Next 5Y0.37%
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
Based on the Price/Earnings ratio of 23.18, the valuation of SUBC can be described as rather expensive.
Based on the Price/Earnings ratio, SUBC is valued a bit more expensive than the industry average as 67.57% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of SUBC to the average of the S&P500 Index (26.90), we can say SUBC is valued inline with the index average.
The Price/Forward Earnings ratio is 11.40, which indicates a very decent valuation of SUBC.
Based on the Price/Forward Earnings ratio, SUBC is valued a bit more expensive than the industry average as 67.57% of the companies are valued more cheaply.
SUBC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.18 | ||
| Fwd PE | 11.4 |
4.2 Price Multiples
SUBC's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SUBC is valued a bit cheaper than 70.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.29 | ||
| EV/EBITDA | 5.89 |
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.
SUBC's earnings are expected to grow with 43.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y64.32%
EPS Next 3Y43%
5. Dividend
5.1 Amount
SUBC has a Yearly Dividend Yield of 6.29%, which is a nice return.
SUBC's Dividend Yield is a higher than the industry average which is at 6.78.
SUBC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.29% |
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 98.70% of its income as dividend. This is not a sustainable payout ratio.
DP98.7%
EPS Next 2Y64.32%
EPS Next 3Y43%
OSL:SUBC (9/3/2025, 10:43:01 AM)
206.8
-1.4 (-0.67%)
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 Cap61.96B
Analysts80.8
Price Target241.08 (16.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.29% |
Yearly Dividend5.51
Dividend Growth(5Y)-2.89%
DP98.7%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-12.72%
Min EPS beat(2)-42.61%
Max EPS beat(2)17.18%
EPS beat(4)2
Avg EPS beat(4)-16.16%
Min EPS beat(4)-71.13%
Max EPS beat(4)31.92%
EPS beat(8)4
Avg EPS beat(8)23.26%
EPS beat(12)6
Avg EPS beat(12)14.84%
EPS beat(16)9
Avg EPS beat(16)32.37%
Revenue beat(2)1
Avg Revenue beat(2)-0.93%
Min Revenue beat(2)-6.26%
Max Revenue beat(2)4.4%
Revenue beat(4)3
Avg Revenue beat(4)0.15%
Min Revenue beat(4)-6.26%
Max Revenue beat(4)4.4%
Revenue beat(8)7
Avg Revenue beat(8)0.94%
Revenue beat(12)11
Avg Revenue beat(12)2.96%
Revenue beat(16)13
Avg Revenue beat(16)2.43%
PT rev (1m)5.16%
PT rev (3m)5.16%
EPS NQ rev (1m)3.25%
EPS NQ rev (3m)19.84%
EPS NY rev (1m)-0.53%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)11.33%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.18 | ||
| Fwd PE | 11.4 | ||
| P/S | 0.88 | ||
| P/FCF | 7.29 | ||
| P/OCF | 5.03 | ||
| P/B | 1.49 | ||
| P/tB | 1.59 | ||
| EV/EBITDA | 5.89 |
EPS(TTM)8.92
EY4.31%
EPS(NY)18.13
Fwd EY8.77%
FCF(TTM)28.38
FCFY13.72%
OCF(TTM)41.08
OCFY19.86%
SpS233.8
BVpS138.56
TBVpS129.68
PEG (NY)0.22
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 6.48% | ||
| ROCE | 10.17% | ||
| ROIC | 7.83% | ||
| ROICexc | 8.53% | ||
| ROICexgc | 9.05% | ||
| OM | 7.32% | ||
| PM (TTM) | 3.84% | ||
| GM | 12.07% | ||
| FCFM | 12.14% |
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 Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.28 | ||
| Debt/EBITDA | 0.6 | ||
| Cap/Depr | 57.52% | ||
| Cap/Sales | 5.43% | ||
| Interest Coverage | 5.48 | ||
| Cash Conversion | 104.8% | ||
| Profit Quality | 316.18% | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 2.33 |
F-Score8
WACC9.18%
ROIC/WACC0.85
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 Y104.3%
EPS Next 2Y64.32%
EPS Next 3Y43%
EPS Next 5Y18.27%
Revenue 1Y (TTM)10.15%
Revenue growth 3Y10.92%
Revenue growth 5Y13.33%
Sales Q2Q%0.97%
Revenue Next Year5.53%
Revenue Next 2Y4.07%
Revenue Next 3Y3.25%
Revenue Next 5Y0.37%
EBIT growth 1Y105.3%
EBIT growth 3Y57.3%
EBIT growth 5Y23.86%
EBIT Next Year200.76%
EBIT Next 3Y50.93%
EBIT Next 5Y26.17%
FCF growth 1Y479.89%
FCF growth 3Y65.58%
FCF growth 5Y42.68%
OCF growth 1Y538.15%
OCF growth 3Y46.69%
OCF growth 5Y21.12%