BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:BWO • BMG1190N1002
49.575 NOK
+0.53 (+1.07%)
Last: Feb 11, 2026, 04:19 PM
Taking everything into account, BWO scores 5 out of 10 in our fundamental rating. BWO was compared to 37 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 has a bad growth rate and is valued cheaply. 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 has a Return On Assets (3.62%) which is in line with its industry peers.
- The Return On Equity of BWO (13.34%) is better than 72.97% of its industry peers.
- With a Return On Invested Capital value of 3.37%, BWO is not doing good in the industry: 75.68% of the companies in the same industry are doing better.
- The Average Return On Invested Capital over the past 3 years for BWO is significantly below the industry average of 10.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.62% | ||
| ROE | 13.34% | ||
| ROIC | 3.37% |
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 (29.15%) is better than 89.19% of its industry peers.
- BWO's Profit Margin has improved in the last couple of years.
- BWO has a better Operating Margin (28.57%) than 97.30% of its industry peers.
- In the last couple of years the Operating Margin of BWO has grown nicely.
- BWO has a better Gross Margin (51.03%) than 75.68% of its industry peers.
- In the last couple of years the Gross Margin of BWO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.57% | ||
| PM (TTM) | 29.15% | ||
| GM | 51.03% |
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.
- The number of shares outstanding for BWO remains at a similar level 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.
2.2 Solvency
- The Debt to FCF ratio of BWO is 2018.75, which is on the high side as it means it would take BWO, 2018.75 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of BWO (2018.75) is worse than 67.57% of its industry peers.
- BWO has a Debt/Equity ratio of 1.37. This is a high value indicating a heavy dependency on external financing.
- BWO has a Debt to Equity ratio of 1.37. This is amonst the worse of the industry: BWO underperforms 81.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | 2018.75 | ||
| Altman-Z | N/A |
ROIC/WACC0.43
WACC7.81%
2.3 Liquidity
- A Current Ratio of 2.21 indicates that BWO has no problem at all paying its short term obligations.
- BWO has a Current ratio of 2.21. This is in the better half of the industry: BWO outperforms 78.38% of its industry peers.
- A Quick Ratio of 2.21 indicates that BWO has no problem at all paying its short term obligations.
- BWO has a Quick ratio of 2.21. This is in the better half of the industry: BWO outperforms 78.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 2.21 |
3. Growth
3.1 Past
- BWO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.26%, which is quite impressive.
- Measured over the past years, BWO shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.62% on average per year.
- The Revenue for BWO has decreased by -19.34% in the past year. This is quite bad
- The Revenue has been decreasing by -8.53% on average over the past years.
EPS 1Y (TTM)32.26%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%62.5%
Revenue 1Y (TTM)-19.34%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-32.94%
3.2 Future
- The Earnings Per Share is expected to decrease by -18.31% on average over the next years. This is quite bad
- Based on estimates for the next years, BWO will show a small growth in Revenue. The Revenue will grow by 6.93% on average per year.
EPS Next Y17.03%
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
EPS Next 5YN/A
Revenue Next Year-25.12%
Revenue Next 2Y10.34%
Revenue Next 3Y6.93%
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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 6.36, the valuation of BWO can be described as very cheap.
- 86.49% of the companies in the same industry are more expensive than BWO, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 28.23, BWO is valued rather cheaply.
- BWO is valuated cheaply with a Price/Forward Earnings ratio of 6.00.
- Based on the Price/Forward Earnings ratio, BWO is valued cheaply inside the industry as 94.59% of the companies are valued more expensively.
- BWO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.36 | ||
| Fwd PE | 6 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BWO is on the same level as its industry peers.
- 67.57% of the companies in the same industry are cheaper than BWO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1205.2 | ||
| EV/EBITDA | 8.26 |
4.3 Compensation for Growth
- BWO's 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.
- BWO's earnings are expected to decrease with -18.31% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.90%, BWO is a good candidate for dividend investing.
- BWO's Dividend Yield is rather good when compared to the industry average which is at 3.45. BWO pays more dividend than 81.08% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.79, BWO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.9% |
5.2 History
- The dividend of BWO is nicely growing with an annual growth rate of 18.85%!
Dividend Growth(5Y)18.85%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 57.99% of the earnings are spent on dividend by BWO. This is a bit on the high side, but may be sustainable.
- The Dividend Rate of BWO has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP57.99%
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
OSL:BWO (2/11/2026, 4:19:48 PM)
49.575
+0.53 (+1.07%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-14 2025-11-14/bmo
Earnings (Next)02-27 2026-02-27
Inst Owners25.68%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap9.17B
Revenue(TTM)517.70M
Net Income(TTM)150.90M
Analysts77.14
Price Target36.72 (-25.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.9% |
Yearly Dividend4.23
Dividend Growth(5Y)18.85%
DP57.99%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.39%
Min EPS beat(2)7.26%
Max EPS beat(2)15.51%
EPS beat(4)4
Avg EPS beat(4)63.75%
Min EPS beat(4)7.26%
Max EPS beat(4)158.95%
EPS beat(8)6
Avg EPS beat(8)23.72%
EPS beat(12)7
Avg EPS beat(12)9.38%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)17.55%
Min Revenue beat(2)3.3%
Max Revenue beat(2)31.81%
Revenue beat(4)3
Avg Revenue beat(4)9.48%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)31.81%
Revenue beat(8)7
Avg Revenue beat(8)18.41%
Revenue beat(12)11
Avg Revenue beat(12)20%
Revenue beat(16)15
Avg Revenue beat(16)16.55%
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)-2.83%
Revenue NQ rev (3m)-2.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.36 | ||
| Fwd PE | 6 | ||
| P/S | 1.86 | ||
| P/FCF | 1205.2 | ||
| P/OCF | 2.53 | ||
| P/B | 0.85 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | 8.26 |
EPS(TTM)7.8
EY15.73%
EPS(NY)8.26
Fwd EY16.66%
FCF(TTM)0.04
FCFY0.08%
OCF(TTM)19.58
OCFY39.5%
SpS26.62
BVpS58.18
TBVpS53.6
PEG (NY)0.37
PEG (5Y)N/A
Graham Number101.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.62% | ||
| ROE | 13.34% | ||
| ROCE | 3.74% | ||
| ROIC | 3.37% | ||
| ROICexc | 3.74% | ||
| ROICexgc | 3.83% | ||
| OM | 28.57% | ||
| PM (TTM) | 29.15% | ||
| GM | 51.03% | ||
| FCFM | 0.15% |
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%
ROICexgc growth 3Y-13.43%
ROICexgc 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-Score5
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | 2018.75 | ||
| Debt/EBITDA | 5.88 | ||
| Cap/Depr | 326.74% | ||
| Cap/Sales | 73.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 144.13% | ||
| Profit Quality | 0.53% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 2.21 | ||
| Altman-Z | N/A |
F-Score5
WACC7.81%
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)32.26%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%62.5%
EPS Next Y17.03%
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-19.34%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-32.94%
Revenue Next Year-25.12%
Revenue Next 2Y10.34%
Revenue Next 3Y6.93%
Revenue Next 5YN/A
EBIT growth 1Y-3.71%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year72.24%
EBIT Next 3Y48.79%
EBIT Next 5YN/A
FCF growth 1Y100.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-24.35%
OCF growth 3Y-10.73%
OCF growth 5Y-9.82%
BW OFFSHORE LTD / BWO.OL FAQ
Can you provide the ChartMill fundamental rating for BW OFFSHORE LTD?
ChartMill assigns a fundamental rating of 5 / 10 to BWO.OL.
What is the valuation status for BWO stock?
ChartMill assigns a valuation rating of 7 / 10 to BW OFFSHORE LTD (BWO.OL). This can be considered as Undervalued.
What is the profitability of BWO stock?
BW OFFSHORE LTD (BWO.OL) has a profitability rating of 6 / 10.
What is the expected EPS growth for BW OFFSHORE LTD (BWO.OL) stock?
The Earnings per Share (EPS) of BW OFFSHORE LTD (BWO.OL) is expected to grow by 17.03% in the next year.
Is the dividend of BW OFFSHORE LTD sustainable?
The dividend rating of BW OFFSHORE LTD (BWO.OL) is 7 / 10 and the dividend payout ratio is 57.99%.