BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
BWO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 36 industry peers in the Energy Equipment & Services industry. BWO has an excellent profitability rating, but there are some minor concerns on its financial health. BWO has a correct valuation and a medium growth rate. Finally BWO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BWO was profitable.
BWO had a positive operating cash flow in the past year.
BWO had positive earnings in 4 of the past 5 years.
BWO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BWO's Return On Assets of 3.53% is in line compared to the rest of the industry. BWO outperforms 44.44% of its industry peers.
Looking at the Return On Equity, with a value of 12.98%, BWO is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.67%, BWO is doing worse than 77.78% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BWO is significantly below the industry average of 10.45%.
The last Return On Invested Capital (3.67%) for BWO is above the 3 year average (3.55%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.53% | ||
| ROE | 12.98% | ||
| ROIC | 3.67% |
ROA(3y)3.08%
ROA(5y)0.08%
ROE(3y)11.62%
ROE(5y)1.03%
ROIC(3y)3.55%
ROIC(5y)4.34%
1.3 Margins
BWO's Profit Margin of 24.56% is amongst the best of the industry. BWO outperforms 88.89% of its industry peers.
BWO's Profit Margin has improved in the last couple of years.
BWO's Operating Margin of 26.91% is amongst the best of the industry. BWO outperforms 91.67% of its industry peers.
In the last couple of years the Operating Margin of BWO has grown nicely.
BWO has a better Gross Margin (54.74%) than 86.11% of its industry peers.
BWO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.91% | ||
| PM (TTM) | 24.56% | ||
| GM | 54.74% |
OM growth 3Y13.41%
OM growth 5Y3.21%
PM growth 3Y38.09%
PM growth 5Y17.92%
GM growth 3Y-3.25%
GM growth 5Y-4.87%
2. Health
2.1 Basic Checks
BWO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
BWO has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BWO has less shares outstanding
Compared to 1 year ago, BWO has an improved debt to assets ratio.
2.2 Solvency
A Debt/Equity ratio of 1.42 is on the high side and indicates that BWO has dependencies on debt financing.
The Debt to Equity ratio of BWO (1.42) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.43
WACC8.46%
2.3 Liquidity
A Current Ratio of 3.00 indicates that BWO has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.00, BWO is doing good in the industry, outperforming 77.78% of the companies in the same industry.
A Quick Ratio of 3.00 indicates that BWO has no problem at all paying its short term obligations.
The Quick ratio of BWO (3.00) is better than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3 | ||
| Quick Ratio | 3 |
3. Growth
3.1 Past
BWO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.81%, which is quite impressive.
The Earnings Per Share has been decreasing by -0.62% on average over the past years.
BWO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.58%.
Measured over the past years, BWO shows a decrease in Revenue. The Revenue has been decreasing by -8.53% on average per year.
EPS 1Y (TTM)25.81%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%78.95%
Revenue 1Y (TTM)-10.58%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-9.02%
3.2 Future
BWO is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.92% yearly.
The Revenue is expected to grow by 23.12% on average over the next years. This is a very strong growth
EPS Next Y-71.94%
EPS Next 2Y-1.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.42%
Revenue Next 2Y23.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 4.21, the valuation of BWO can be described as very cheap.
Based on the Price/Earnings ratio, BWO is valued cheaper than 88.89% of the companies in the same industry.
BWO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.50.
BWO is valuated cheaply with a Price/Forward Earnings ratio of 5.42.
80.56% of the companies in the same industry are more expensive than BWO, based on the Price/Forward Earnings ratio.
BWO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.21 | ||
| Fwd PE | 5.42 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BWO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.71 |
4.3 Compensation for Growth
BWO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.92%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 9.49%, BWO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.51, BWO pays a better dividend. On top of this BWO pays more dividend than 91.67% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, BWO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.49% |
5.2 History
On average, the dividend of BWO grows each year by 18.85%, which is quite nice.
Dividend Growth(5Y)18.85%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BWO pays out 60.43% of its income as dividend. This is not a sustainable payout ratio.
BWO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP60.43%
EPS Next 2Y-1.92%
EPS Next 3YN/A
OSL:BWO (7/18/2025, 7:00:00 PM)
33.95
+0.3 (+0.89%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners25.83%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap6.28B
Analysts80
Price Target37.49 (10.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.49% |
Yearly Dividend4.4
Dividend Growth(5Y)18.85%
DP60.43%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)116.11%
Min EPS beat(2)73.27%
Max EPS beat(2)158.95%
EPS beat(4)2
Avg EPS beat(4)32.28%
Min EPS beat(4)-55.89%
Max EPS beat(4)158.95%
EPS beat(8)4
Avg EPS beat(8)14.37%
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)1.4%
Min Revenue beat(2)-8.87%
Max Revenue beat(2)11.68%
Revenue beat(4)3
Avg Revenue beat(4)7.49%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)24.8%
Revenue beat(8)7
Avg Revenue beat(8)20.07%
Revenue beat(12)11
Avg Revenue beat(12)18.19%
Revenue beat(16)15
Avg Revenue beat(16)14.78%
PT rev (1m)0%
PT rev (3m)-1.21%
EPS NQ rev (1m)-7.69%
EPS NQ rev (3m)-7.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-41.67%
Revenue NQ rev (1m)-26.72%
Revenue NQ rev (3m)-26.72%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.21 | ||
| Fwd PE | 5.42 | ||
| P/S | 1.03 | ||
| P/FCF | N/A | ||
| P/OCF | 1.85 | ||
| P/B | 0.54 | ||
| P/tB | 0.59 | ||
| EV/EBITDA | 5.71 |
EPS(TTM)8.06
EY23.74%
EPS(NY)6.26
Fwd EY18.45%
FCF(TTM)-1.6
FCFYN/A
OCF(TTM)18.35
OCFY54.04%
SpS33.05
BVpS62.55
TBVpS57.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.53% | ||
| ROE | 12.98% | ||
| ROCE | 4.07% | ||
| ROIC | 3.67% | ||
| ROICexc | 4.1% | ||
| ROICexgc | 4.2% | ||
| OM | 26.91% | ||
| PM (TTM) | 24.56% | ||
| GM | 54.74% | ||
| FCFM | N/A |
ROA(3y)3.08%
ROA(5y)0.08%
ROE(3y)11.62%
ROE(5y)1.03%
ROIC(3y)3.55%
ROIC(5y)4.34%
ROICexc(3y)3.88%
ROICexc(5y)4.74%
ROICexgc(3y)4%
ROICexgc(5y)4.86%
ROCE(3y)3.93%
ROCE(5y)4.81%
ROICexcg growth 3Y-13.43%
ROICexcg growth 5Y-11.95%
ROICexc growth 3Y-12.75%
ROICexc growth 5Y-11.64%
OM growth 3Y13.41%
OM growth 5Y3.21%
PM growth 3Y38.09%
PM growth 5Y17.92%
GM growth 3Y-3.25%
GM growth 5Y-4.87%
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.92 | ||
| Cap/Depr | 216.83% | ||
| Cap/Sales | 60.34% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3 | ||
| Quick Ratio | 3 | ||
| Altman-Z | N/A |
F-Score6
WACC8.46%
ROIC/WACC0.43
Cap/Depr(3y)330.89%
Cap/Depr(5y)226.33%
Cap/Sales(3y)92.97%
Cap/Sales(5y)64.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.81%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%78.95%
EPS Next Y-71.94%
EPS Next 2Y-1.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-10.58%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-9.02%
Revenue Next Year-3.42%
Revenue Next 2Y23.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y25.06%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year88.75%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y74.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-47.93%
OCF growth 3Y-10.73%
OCF growth 5Y-9.82%