BW OFFSHORE LTD (BWO.OL) Fundamental Analysis & Valuation

OSL:BWOBMG1190N1002

Current stock price

50.1 NOK
-1.5 (-2.91%)
Last:

This BWO.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. BWO.OL Profitability Analysis

1.1 Basic Checks

  • BWO had positive earnings in the past year.
  • In the past year BWO had a positive cash flow from operations.
  • BWO had positive earnings in each of the past 5 years.
  • BWO had a positive operating cash flow in each of the past 5 years.
BWO.OL Yearly Net Income VS EBIT VS OCF VS FCFBWO.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M 600M

1.2 Ratios

  • BWO has a Return On Assets (3.14%) which is comparable to the rest of the industry.
  • BWO has a Return On Equity of 11.71%. This is in the better half of the industry: BWO outperforms 61.11% of its industry peers.
  • BWO has a worse Return On Invested Capital (3.27%) than 72.22% of its industry peers.
  • BWO had an Average Return On Invested Capital over the past 3 years of 3.22%. This is significantly below the industry average of 10.23%.
  • The 3 year average ROIC (3.22%) for BWO is below the current ROIC(3.27%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.14%
ROE 11.71%
ROIC 3.27%
ROA(3y)2.89%
ROA(5y)2.89%
ROE(3y)10.92%
ROE(5y)10.94%
ROIC(3y)3.22%
ROIC(5y)3.75%
BWO.OL Yearly ROA, ROE, ROICBWO.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20 -30

1.3 Margins

  • Looking at the Profit Margin, with a value of 26.36%, BWO belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BWO has grown nicely.
  • BWO has a Operating Margin of 28.38%. This is amongst the best in the industry. BWO outperforms 83.33% of its industry peers.
  • BWO's Operating Margin has improved in the last couple of years.
  • BWO's Gross Margin of 47.12% is amongst the best of the industry. BWO outperforms 80.56% of its industry peers.
  • In the last couple of years the Gross Margin of BWO has declined.
Industry RankSector Rank
OM 28.38%
PM (TTM) 26.36%
GM 47.12%
OM growth 3Y17.08%
OM growth 5Y10.58%
PM growth 3Y16.3%
PM growth 5YN/A
GM growth 3Y8.4%
GM growth 5Y-3.94%
BWO.OL Yearly Profit, Operating, Gross MarginsBWO.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60 80

3

2. BWO.OL Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BWO is destroying value.
  • The number of shares outstanding for BWO has been increased compared to 1 year ago.
  • The number of shares outstanding for BWO has been reduced compared to 5 years ago.
  • Compared to 1 year ago, BWO has an improved debt to assets ratio.
BWO.OL Yearly Shares OutstandingBWO.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
BWO.OL Yearly Total Debt VS Total AssetsBWO.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • The Debt to FCF ratio of BWO is 21.39, which is on the high side as it means it would take BWO, 21.39 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of BWO (21.39) is worse than 72.22% of its industry peers.
  • BWO has a Debt/Equity ratio of 1.33. This is a high value indicating a heavy dependency on external financing.
  • BWO's Debt to Equity ratio of 1.33 is on the low side compared to the rest of the industry. BWO is outperformed by 83.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.33
Debt/FCF 21.39
Altman-Z N/A
ROIC/WACC0.39
WACC8.3%
BWO.OL Yearly LT Debt VS Equity VS FCFBWO.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

2.3 Liquidity

  • BWO has a Current Ratio of 1.74. This is a normal value and indicates that BWO is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of BWO (1.74) is comparable to the rest of the industry.
  • A Quick Ratio of 1.74 indicates that BWO should not have too much problems paying its short term obligations.
  • BWO has a better Quick ratio (1.74) than 61.11% of its industry peers.
Industry RankSector Rank
Current Ratio 1.74
Quick Ratio 1.74
BWO.OL Yearly Current Assets VS Current LiabilitesBWO.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

5

3. BWO.OL Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 17.46% over the past year.
  • The Earnings Per Share has been growing by 19.79% on average over the past years. This is quite good.
  • BWO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.02%.
  • BWO shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -10.48% yearly.
EPS 1Y (TTM)17.46%
EPS 3Y6.38%
EPS 5Y19.79%
EPS Q2Q%-38.1%
Revenue 1Y (TTM)-16.02%
Revenue growth 3Y-13.01%
Revenue growth 5Y-10.48%
Sales Q2Q%-5.91%

3.2 Future

  • Based on estimates for the next years, BWO will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.97% on average per year.
  • Based on estimates for the next years, BWO will show a very strong growth in Revenue. The Revenue will grow by 23.11% on average per year.
EPS Next Y17.38%
EPS Next 2Y8.97%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year51.57%
Revenue Next 2Y23.11%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
BWO.OL Yearly Revenue VS EstimatesBWO.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
BWO.OL Yearly EPS VS EstimatesBWO.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

7

4. BWO.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 7.19, the valuation of BWO can be described as very cheap.
  • 94.44% of the companies in the same industry are more expensive than BWO, based on the Price/Earnings ratio.
  • BWO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.33.
  • BWO is valuated cheaply with a Price/Forward Earnings ratio of 6.13.
  • Based on the Price/Forward Earnings ratio, BWO is valued cheaply inside the industry as 97.22% of the companies are valued more expensively.
  • BWO is valuated cheaply when we compare the Price/Forward Earnings ratio to 38.16, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.19
Fwd PE 6.13
BWO.OL Price Earnings VS Forward Price EarningsBWO.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • BWO's Enterprise Value to EBITDA is on the same level as the industry average.
  • BWO's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 12.94
EV/EBITDA 9.36
BWO.OL Per share dataBWO.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

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.
  • BWO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.41
PEG (5Y)0.36
EPS Next 2Y8.97%
EPS Next 3YN/A

7

5. BWO.OL Dividend Analysis

5.1 Amount

  • BWO has a Yearly Dividend Yield of 6.78%, which is a nice return.
  • Compared to an average industry Dividend Yield of 2.78, BWO pays a better dividend. On top of this BWO pays more dividend than 83.33% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, BWO pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.78%

5.2 History

  • The dividend of BWO is nicely growing with an annual growth rate of 10.13%!
Dividend Growth(5Y)10.13%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 65.08% of the earnings are spent on dividend by BWO. This is not a sustainable payout ratio.
  • The dividend of BWO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP65.08%
EPS Next 2Y8.97%
EPS Next 3YN/A
BWO.OL Yearly Income VS Free CF VS DividendBWO.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M
BWO.OL Dividend Payout.BWO.OL Dividend Payout, showing the Payout Ratio.BWO.OL Dividend Payout.PayoutRetained Earnings

BWO.OL Fundamentals: All Metrics, Ratios and Statistics

BW OFFSHORE LTD

OSL:BWO (4/15/2026, 4:19:43 PM)

50.1

-1.5 (-2.91%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-27
Earnings (Next)05-18
Inst Owners28.86%
Inst Owner ChangeN/A
Ins Owners1.73%
Ins Owner ChangeN/A
Market Cap9.27B
Revenue(TTM)509.50M
Net Income(TTM)134.30M
Analysts80
Price Target36.72 (-26.71%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.78%
Yearly Dividend4.58
Dividend Growth(5Y)10.13%
DP65.08%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.47%
Min EPS beat(2)-14.19%
Max EPS beat(2)7.26%
EPS beat(4)3
Avg EPS beat(4)41.88%
Min EPS beat(4)-14.19%
Max EPS beat(4)158.95%
EPS beat(8)5
Avg EPS beat(8)19.89%
EPS beat(12)6
Avg EPS beat(12)6.51%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)12.83%
Min Revenue beat(2)3.3%
Max Revenue beat(2)22.37%
Revenue beat(4)4
Avg Revenue beat(4)17.29%
Min Revenue beat(4)3.3%
Max Revenue beat(4)31.81%
Revenue beat(8)7
Avg Revenue beat(8)16.42%
Revenue beat(12)11
Avg Revenue beat(12)19.02%
Revenue beat(16)15
Avg Revenue beat(16)17.6%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.22%
Valuation
Industry RankSector Rank
PE 7.19
Fwd PE 6.13
P/S 1.93
P/FCF 12.94
P/OCF 2.41
P/B 0.86
P/tB 0.93
EV/EBITDA 9.36
EPS(TTM)6.97
EY13.91%
EPS(NY)8.18
Fwd EY16.32%
FCF(TTM)3.87
FCFY7.73%
OCF(TTM)20.83
OCFY41.57%
SpS25.93
BVpS58.34
TBVpS53.87
PEG (NY)0.41
PEG (5Y)0.36
Graham Number95.6546 (90.93%)
Profitability
Industry RankSector Rank
ROA 3.14%
ROE 11.71%
ROCE 3.63%
ROIC 3.27%
ROICexc 3.63%
ROICexgc 3.72%
OM 28.38%
PM (TTM) 26.36%
GM 47.12%
FCFM 14.94%
ROA(3y)2.89%
ROA(5y)2.89%
ROE(3y)10.92%
ROE(5y)10.94%
ROIC(3y)3.22%
ROIC(5y)3.75%
ROICexc(3y)3.56%
ROICexc(5y)4.14%
ROICexgc(3y)3.65%
ROICexgc(5y)4.28%
ROCE(3y)3.57%
ROCE(5y)4.15%
ROICexgc growth 3Y-8.05%
ROICexgc growth 5Y-10.97%
ROICexc growth 3Y-7.78%
ROICexc growth 5Y-11.38%
OM growth 3Y17.08%
OM growth 5Y10.58%
PM growth 3Y16.3%
PM growth 5YN/A
GM growth 3Y8.4%
GM growth 5Y-3.94%
F-Score5
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 1.33
Debt/FCF 21.39
Debt/EBITDA 6.35
Cap/Depr 348.8%
Cap/Sales 65.38%
Interest Coverage 250
Cash Conversion 170.43%
Profit Quality 56.66%
Current Ratio 1.74
Quick Ratio 1.74
Altman-Z N/A
F-Score5
WACC8.3%
ROIC/WACC0.39
Cap/Depr(3y)330.7%
Cap/Depr(5y)290.18%
Cap/Sales(3y)83.35%
Cap/Sales(5y)75.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.46%
EPS 3Y6.38%
EPS 5Y19.79%
EPS Q2Q%-38.1%
EPS Next Y17.38%
EPS Next 2Y8.97%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-16.02%
Revenue growth 3Y-13.01%
Revenue growth 5Y-10.48%
Sales Q2Q%-5.91%
Revenue Next Year51.57%
Revenue Next 2Y23.11%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3.21%
EBIT growth 3Y1.84%
EBIT growth 5Y-1.01%
EBIT Next Year185.35%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y547.65%
FCF growth 3YN/A
FCF growth 5Y-24.16%
OCF growth 1Y12.76%
OCF growth 3Y-14.31%
OCF growth 5Y1.11%

BW OFFSHORE LTD / BWO.OL Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for BW OFFSHORE LTD?

ChartMill assigns a fundamental rating of 5 / 10 to BWO.OL.


Can you provide the valuation status for BW OFFSHORE LTD?

ChartMill assigns a valuation rating of 7 / 10 to BW OFFSHORE LTD (BWO.OL). This can be considered as Undervalued.


How profitable is BW OFFSHORE LTD (BWO.OL) stock?

BW OFFSHORE LTD (BWO.OL) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for BWO stock?

The Price/Earnings (PE) ratio for BW OFFSHORE LTD (BWO.OL) is 7.19 and the Price/Book (PB) ratio is 0.86.


How financially healthy is BW OFFSHORE LTD?

The financial health rating of BW OFFSHORE LTD (BWO.OL) is 3 / 10.