SUBSEA 7 SA (SUBC.OL) Stock Fundamental Analysis
Europe - OSL:SUBC - LU0075646355 - Common Stock
206.7 NOK
+6.7 (+3.35%)
Overall SUBC gets a fundamental rating of 5 out of 10. We evaluated SUBC against 37 industry peers in the Energy Equipment & Services industry. Both the profitability and the financial health of SUBC get a neutral evaluation. Nothing too spectacular is happening here. 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.
In the past year SUBC had a positive cash flow from operations.
Of the past 5 years SUBC 4 years were profitable.
In the past 5 years SUBC always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 3.37%, SUBC perfoms like the industry average, outperforming 43.24% of the companies in the same industry.
With a Return On Equity value of 6.48%, SUBC is not doing good in the industry: 67.57% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 7.83%, SUBC perfoms like the industry average, outperforming 51.35% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SUBC is significantly below the industry average of 11.36%.
The last Return On Invested Capital (7.83%) for SUBC is above the 3 year average (3.46%), which is a sign of increasing profitability.
| 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
SUBC has a worse Profit Margin (3.84%) than 70.27% of its industry peers.
SUBC's Profit Margin has improved in the last couple of years.
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.
SUBC's Gross Margin of 12.07% is in line compared to the rest of the industry. SUBC outperforms 43.24% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SUBC is destroying value.
Compared to 1 year ago, SUBC has less shares outstanding
Compared to 5 years ago, SUBC has less shares outstanding
The debt/assets ratio for SUBC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.30 indicates that SUBC is not a great score, but indicates only limited risk for bankruptcy at the moment.
SUBC's Altman-Z score of 2.30 is fine compared to the rest of the industry. SUBC outperforms 72.97% of its industry peers.
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's Debt to Equity ratio of 0.17 is amongst the best of the industry. SUBC outperforms 81.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.85
WACC9.23%
2.3 Liquidity
SUBC has a Current Ratio of 0.97. This is a bad value and indicates that SUBC is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.97, SUBC is not doing good in the industry: 72.97% 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.
The Quick ratio of SUBC (0.95) is worse than 70.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 161.76% over the past year.
The Earnings Per Share has been growing by 82.63% on average over the past years. This is a very strong growth
SUBC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.15%.
SUBC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.33% yearly.
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
The Earnings Per Share is expected to grow by 18.27% on average over the next years. This is quite good.
Based on estimates for the next years, SUBC will show a small growth in Revenue. The Revenue will grow by 0.37% on average per year.
EPS Next Y104.3%
EPS Next 2Y64.32%
EPS Next 3Y43%
EPS Next 5Y18.27%
Revenue Next Year5.51%
Revenue Next 2Y4.07%
Revenue Next 3Y3.27%
Revenue Next 5Y0.37%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
SUBC is valuated rather expensively with a Price/Earnings ratio of 23.38.
Compared to the rest of the industry, the Price/Earnings ratio of SUBC indicates a slightly more expensive valuation: SUBC is more expensive than 67.57% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, SUBC is valued at the same level.
A Price/Forward Earnings ratio of 11.50 indicates a reasonable valuation of SUBC.
Based on the Price/Forward Earnings ratio, SUBC is valued a bit more expensive than the industry average as 64.86% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of SUBC to the average of the S&P500 Index (22.87), we can say SUBC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.38 | ||
| Fwd PE | 11.5 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SUBC.
SUBC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SUBC is cheaper than 67.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.35 | ||
| EV/EBITDA | 5.72 |
4.3 Compensation for Growth
The 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 6.41%, which is a nice return.
Compared to an average industry Dividend Yield of 6.48, SUBC pays a bit more dividend than its industry peers.
SUBC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
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
98.70% of the earnings are spent on dividend by SUBC. This is not a sustainable payout ratio.
DP98.7%
EPS Next 2Y64.32%
EPS Next 3Y43%
OSL:SUBC (9/23/2025, 4:19:52 PM)
206.7
+6.7 (+3.35%)
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 Cap61.93B
Analysts80.87
Price Target242.12 (17.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.41% |
Yearly Dividend5.44
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)0.63%
PT rev (3m)5.61%
EPS NQ rev (1m)0.64%
EPS NQ rev (3m)19.84%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)11.33%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.38 | ||
| Fwd PE | 11.5 | ||
| P/S | 0.89 | ||
| P/FCF | 7.35 | ||
| P/OCF | 5.08 | ||
| P/B | 1.51 | ||
| P/tB | 1.61 | ||
| EV/EBITDA | 5.72 |
EPS(TTM)8.84
EY4.28%
EPS(NY)17.97
Fwd EY8.69%
FCF(TTM)28.13
FCFY13.61%
OCF(TTM)40.71
OCFY19.69%
SpS231.69
BVpS137.31
TBVpS128.51
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 | 2.3 |
F-Score8
WACC9.23%
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 Year5.51%
Revenue Next 2Y4.07%
Revenue Next 3Y3.27%
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%