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 35 industry peers in the Energy Equipment & Services industry. Both the profitability and the financial health of BWO get a neutral evaluation. Nothing too spectacular is happening here. BWO is not valued too expensively and it also shows a decent growth rate. Finally BWO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BWO was profitable.
In the past year BWO had a positive cash flow from operations.
BWO had positive earnings in 4 of the past 5 years.
In the past 5 years BWO always reported a positive cash flow from operatings.
1.2 Ratios
BWO has a Return On Assets of 3.53%. This is comparable to the rest of the industry: BWO outperforms 45.71% of its industry peers.
BWO has a Return On Equity of 12.98%. This is comparable to the rest of the industry: BWO outperforms 60.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.67%, BWO is doing worse than 77.14% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BWO is significantly below the industry average of 10.77%.
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
The Profit Margin of BWO (24.56%) is better than 88.57% of its industry peers.
In the last couple of years the Profit Margin of BWO has grown nicely.
BWO has a better Operating Margin (26.91%) than 91.43% of its industry peers.
In the last couple of years the Operating Margin of BWO has grown nicely.
BWO has a Gross Margin of 54.74%. This is amongst the best in the industry. BWO outperforms 85.71% of its industry peers.
In the last couple of years the Gross Margin of BWO has declined.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BWO 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.
BWO has a Debt to Equity ratio of 1.42. This is in the lower half of the industry: BWO underperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.44
WACC8.43%
2.3 Liquidity
BWO has a Current Ratio of 3.00. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 3.00, BWO is doing good in the industry, outperforming 80.00% 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 88.57% 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.
The Revenue for BWO has decreased by -10.58% in the past year. This is quite bad
BWO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.53% yearly.
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
The Earnings Per Share is expected to decrease by -1.92% on average over the next years.
Based on estimates for the next years, BWO will show a very strong growth in Revenue. The Revenue will grow by 23.12% on average per year.
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 4.06, the valuation of BWO can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of BWO indicates a rather cheap valuation: BWO is cheaper than 88.57% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BWO to the average of the S&P500 Index (27.45), we can say BWO is valued rather cheaply.
BWO is valuated cheaply with a Price/Forward Earnings ratio of 5.23.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BWO indicates a rather cheap valuation: BWO is cheaper than 82.86% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, BWO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.06 | ||
| Fwd PE | 5.23 |
4.2 Price Multiples
BWO's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.66 |
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
BWO has a Yearly Dividend Yield of 10.29%, which is a nice return.
BWO's Dividend Yield is rather good when compared to the industry average which is at 6.20. BWO pays more dividend than 94.29% of the companies in the same industry.
BWO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.29% |
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
60.43% of the earnings are spent on dividend by BWO. This is not a sustainable payout ratio.
The Dividend Rate of BWO has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP60.43%
EPS Next 2Y-1.92%
EPS Next 3YN/A
OSL:BWO (7/4/2025, 7:00:00 PM)
31.9
-0.15 (-0.47%)
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 Cap5.90B
Analysts80
Price Target37.49 (17.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.29% |
Yearly Dividend4.38
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 | 4.06 | ||
| Fwd PE | 5.23 | ||
| P/S | 0.99 | ||
| P/FCF | N/A | ||
| P/OCF | 1.79 | ||
| P/B | 0.52 | ||
| P/tB | 0.57 | ||
| EV/EBITDA | 5.66 |
EPS(TTM)7.85
EY24.61%
EPS(NY)6.1
Fwd EY19.13%
FCF(TTM)-1.56
FCFYN/A
OCF(TTM)17.87
OCFY56.02%
SpS32.2
BVpS60.93
TBVpS56.39
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
WACC8.43%
ROIC/WACC0.44
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%