BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
Overall BWO gets a fundamental rating of 5 out of 10. We evaluated BWO 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on BWO. BWO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BWO had positive earnings in the past year.
In the past year BWO had a positive cash flow from operations.
Of the past 5 years BWO 4 years were profitable.
In the past 5 years BWO always reported a positive cash flow from operatings.
1.2 Ratios
BWO's Return On Assets of 2.98% is in line compared to the rest of the industry. BWO outperforms 45.71% of its industry peers.
BWO has a Return On Equity (11.07%) which is comparable to the rest of the industry.
BWO's Return On Invested Capital of 3.30% is on the low side compared to the rest of the industry. BWO is outperformed by 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BWO is significantly below the industry average of 14.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 11.07% | ||
| ROIC | 3.3% |
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
Looking at the Profit Margin, with a value of 19.88%, BWO belongs to the top of the industry, outperforming 82.86% of the companies in the same industry.
BWO's Profit Margin has improved in the last couple of years.
BWO has a Operating Margin of 23.09%. This is amongst the best in the industry. BWO outperforms 88.57% of its industry peers.
In the last couple of years the Operating Margin of BWO has grown nicely.
The Gross Margin of BWO (52.41%) is better than 85.71% of its industry peers.
In the last couple of years the Gross Margin of BWO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.09% | ||
| PM (TTM) | 19.88% | ||
| GM | 52.41% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BWO is destroying value.
Compared to 1 year ago, BWO has about the same amount of shares outstanding.
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
BWO has a Debt/Equity ratio of 1.41. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.41, BWO is doing worse than 77.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.77
WACC4.3%
2.3 Liquidity
A Current Ratio of 2.25 indicates that BWO has no problem at all paying its short term obligations.
The Current ratio of BWO (2.25) is better than 77.14% of its industry peers.
BWO has a Quick Ratio of 2.23. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
BWO's Quick ratio of 2.23 is amongst the best of the industry. BWO outperforms 82.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.80% over the past year.
The Earnings Per Share has been growing slightly by 6.83% on average over the past years.
BWO shows a decrease in Revenue. In the last year, the revenue decreased by -7.96%.
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)22.8%
EPS 3Y27.16%
EPS 5Y6.83%
EPS Q2Q%8.06%
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-20.6%
3.2 Future
The Earnings Per Share is expected to grow by 17.35% on average over the next years. This is quite good.
Based on estimates for the next years, BWO will show a quite strong growth in Revenue. The Revenue will grow by 8.66% on average per year.
EPS Next Y24.56%
EPS Next 2Y17.35%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-4.21%
Revenue Next 2Y8.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
BWO is valuated cheaply with a Price/Earnings ratio of 4.41.
Based on the Price/Earnings ratio, BWO is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of BWO to the average of the S&P500 Index (29.35), we can say BWO is valued rather cheaply.
The Price/Forward Earnings ratio is 3.59, which indicates a rather cheap valuation of BWO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BWO indicates a rather cheap valuation: BWO is cheaper than 94.29% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BWO to the average of the S&P500 Index (22.10), we can say BWO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.41 | ||
| Fwd PE | 3.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BWO is valued a bit cheaper than the industry average as 65.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.58 |
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.
A more expensive valuation may be justified as BWO's earnings are expected to grow with 17.35% in the coming years.
PEG (NY)0.18
PEG (5Y)0.64
EPS Next 2Y17.35%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 12.84%, BWO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.05, BWO pays a better dividend. On top of this BWO pays more dividend than 97.14% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, BWO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.84% |
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
65.17% of the earnings are spent on dividend by BWO. This is not a sustainable payout ratio.
BWO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP65.17%
EPS Next 2Y17.35%
EPS Next 3YN/A
OSL:BWO (3/10/2025, 11:12:51 AM)
27.85
-0.3 (-1.07%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners23.53%
Inst Owner ChangeN/A
Ins Owners1.03%
Ins Owner ChangeN/A
Market Cap5.15B
Analysts82
Price Target38.35 (37.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.84% |
Yearly Dividend4.71
Dividend Growth(5Y)18.85%
DP65.17%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)-3.27%
Min Revenue beat(2)-8.87%
Max Revenue beat(2)2.33%
Revenue beat(4)3
Avg Revenue beat(4)15.54%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)43.91%
Revenue beat(8)7
Avg Revenue beat(8)19.89%
Revenue beat(12)11
Avg Revenue beat(12)17.71%
Revenue beat(16)15
Avg Revenue beat(16)14.75%
PT rev (1m)-2.34%
PT rev (3m)-2.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)121.88%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)6.39%
Revenue NY rev (3m)11.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.41 | ||
| Fwd PE | 3.59 | ||
| P/S | 0.78 | ||
| P/FCF | N/A | ||
| P/OCF | 1.31 | ||
| P/B | 0.44 | ||
| P/tB | 0.47 | ||
| EV/EBITDA | 5.58 |
EPS(TTM)6.32
EY22.69%
EPS(NY)7.77
Fwd EY27.89%
FCF(TTM)-1
FCFYN/A
OCF(TTM)21.25
OCFY76.3%
SpS35.53
BVpS63.82
TBVpS59.11
PEG (NY)0.18
PEG (5Y)0.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 11.07% | ||
| ROCE | 3.66% | ||
| ROIC | 3.3% | ||
| ROICexc | 3.58% | ||
| ROICexgc | 3.67% | ||
| OM | 23.09% | ||
| PM (TTM) | 19.88% | ||
| GM | 52.41% | ||
| 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 Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.41 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.83 | ||
| Cap/Depr | 213.55% | ||
| Cap/Sales | 62.62% | ||
| Interest Coverage | 10.3 | ||
| Cash Conversion | 114.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.23 | ||
| Altman-Z | N/A |
F-Score6
WACC4.3%
ROIC/WACC0.77
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)22.8%
EPS 3Y27.16%
EPS 5Y6.83%
EPS Q2Q%8.06%
EPS Next Y24.56%
EPS Next 2Y17.35%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-20.6%
Revenue Next Year-4.21%
Revenue Next 2Y8.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y18.43%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year129.21%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y93.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-35.05%
OCF growth 3Y-10.73%
OCF growth 5Y-9.82%