BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:BWO • BMG1190N1002
46.45 NOK
-0.7 (-1.48%)
Last: Feb 4, 2026, 10:26 AM
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. Both the profitability and the financial health of BWO get a neutral evaluation. Nothing too spectacular is happening here. BWO is valued quite cheap, but it does not seem to be growing. Finally BWO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- BWO had positive earnings in the past year.
- BWO had a positive operating cash flow in the past year.
- Of the past 5 years BWO 4 years were profitable.
- Each year in the past 5 years BWO had a positive operating cash flow.
1.2 Ratios
- BWO has a Return On Assets (3.62%) which is in line with its industry peers.
- With a decent Return On Equity value of 13.34%, BWO is doing good in the industry, outperforming 72.22% of the companies in the same industry.
- BWO has a Return On Invested Capital of 3.37%. This is in the lower half of the industry: BWO underperforms 75.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for BWO is significantly below the industry average of 10.18%.
| 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 88.89% of its industry peers.
- BWO's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 28.57%, BWO belongs to the top of the industry, outperforming 97.22% of the companies in the same industry.
- In the last couple of years the Operating Margin of BWO has grown nicely.
- Looking at the Gross Margin, with a value of 51.03%, BWO is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- BWO's Gross Margin has declined in the last couple of years.
| 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.
- Compared to 5 years ago, BWO has less shares outstanding
- BWO has a better debt/assets ratio than last year.
2.2 Solvency
- BWO has a debt to FCF ratio of 2018.75. This is a negative value and a sign of low solvency as BWO would need 2018.75 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 2018.75, BWO is doing worse than 66.67% of the companies in the same industry.
- A Debt/Equity ratio of 1.37 is on the high side and indicates that BWO has dependencies on debt financing.
- BWO has a Debt to Equity ratio of 1.37. This is amonst the worse of the industry: BWO underperforms 80.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.37 | ||
| Debt/FCF | 2018.75 | ||
| Altman-Z | N/A |
ROIC/WACC0.42
WACC8.02%
2.3 Liquidity
- BWO has a Current Ratio of 2.21. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of BWO (2.21) is better than 77.78% of its industry peers.
- BWO has a Quick Ratio of 2.21. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
- BWO has a better Quick ratio (2.21) than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 2.21 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 32.26% over the past year.
- 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
- BWO is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -18.31% yearly.
- 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.
- 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
- With a Price/Earnings ratio of 5.85, the valuation of BWO can be described as very cheap.
- Based on the Price/Earnings ratio, BWO is valued cheaper than 86.11% of the companies in the same industry.
- BWO is valuated cheaply when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 5.53 indicates a rather cheap valuation of BWO.
- 94.44% of the companies in the same industry are more expensive than BWO, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.51. BWO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.85 | ||
| Fwd PE | 5.53 |
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.
- BWO's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. BWO is more expensive than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1109.56 | ||
| EV/EBITDA | 8.06 |
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)0.34
PEG (5Y)N/A
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 6.86%, BWO is a good candidate for dividend investing.
- BWO's Dividend Yield is rather good when compared to the industry average which is at 3.48. BWO pays more dividend than 80.56% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, BWO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.86% |
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 (2/4/2026, 10:26:14 AM)
46.45
-0.7 (-1.48%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-14 2025-11-14/bmo
Earnings (Next)02-26 2026-02-26
Inst Owners25.68%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap8.59B
Revenue(TTM)517.70M
Net Income(TTM)150.90M
Analysts77.14
Price Target36.72 (-20.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.86% |
Yearly Dividend4.15
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)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.85 | ||
| Fwd PE | 5.53 | ||
| P/S | 1.71 | ||
| P/FCF | 1109.56 | ||
| P/OCF | 2.33 | ||
| P/B | 0.78 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 8.06 |
EPS(TTM)7.94
EY17.09%
EPS(NY)8.41
Fwd EY18.1%
FCF(TTM)0.04
FCFY0.09%
OCF(TTM)19.93
OCFY42.9%
SpS27.09
BVpS59.22
TBVpS54.55
PEG (NY)0.34
PEG (5Y)N/A
Graham Number102.85
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
WACC8.02%
ROIC/WACC0.42
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%.