BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis

OSL:BWO • BMG1190N1002

52.4 NOK
+1.1 (+2.14%)
Last: Feb 20, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

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. BWO has only an average score on both its financial health and profitability. BWO is valued quite cheap, but it does not seem to be growing. Finally BWO also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

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.
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 0 200M -200M 400M 600M

1.2 Ratios

  • With a Return On Assets value of 3.62%, BWO perfoms like the industry average, outperforming 45.95% of the companies in the same industry.
  • 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 10.24%.
Industry RankSector 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%
BWO.OL Yearly ROA, ROE, ROICBWO.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

1.3 Margins

  • BWO's Profit Margin of 29.15% is amongst the best of the industry. BWO outperforms 89.19% of its industry peers.
  • In the last couple of years the Profit Margin of BWO has grown nicely.
  • The Operating Margin of BWO (28.57%) is better than 97.30% of its industry peers.
  • 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 75.68% of the companies in the same industry.
  • BWO's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
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 0 20 -20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

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.
  • The debt/assets ratio for BWO has been reduced compared to a year ago.
BWO.OL Yearly Shares OutstandingBWO.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 1B 2B 3B 4B

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.
  • BWO has a worse Debt to FCF ratio (2018.75) than 67.57% of its industry peers.
  • A Debt/Equity ratio of 1.37 is on the high side and indicates that BWO has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.37, BWO is doing worse than 81.08% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.37
Debt/FCF 2018.75
Altman-Z N/A
ROIC/WACC0.42
WACC7.99%
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 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 2.21 indicates that BWO has no problem at all paying its short term obligations.
  • With a decent Current ratio value of 2.21, BWO is doing good in the industry, outperforming 78.38% of the companies in the same industry.
  • 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.
  • Looking at the Quick ratio, with a value of 2.21, BWO is in the better half of the industry, outperforming 78.38% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.21
Quick Ratio 2.21
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 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

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 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.
  • Looking at the last year, BWO shows a very negative growth in Revenue. The Revenue has decreased by -19.34% in the last year.
  • BWO shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.53% yearly.
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

  • 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.
  • 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

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 6.68, the valuation of BWO can be described as very cheap.
  • Based on the Price/Earnings ratio, BWO is valued cheaply inside the industry as 86.49% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 26.99, BWO is valued rather cheaply.
  • A Price/Forward Earnings ratio of 6.30 indicates a rather cheap valuation of BWO.
  • 91.89% of the companies in the same industry are more expensive than BWO, based on the Price/Forward Earnings ratio.
  • BWO is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 6.68
Fwd PE 6.3
BWO.OL Price Earnings VS Forward Price EarningsBWO.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • BWO's Enterprise Value to EBITDA is on the same level as the industry average.
  • Based on the Price/Free Cash Flow ratio, BWO is valued a bit more expensive than 67.57% of the companies in the same industry.
Industry RankSector Rank
P/FCF 1265.32
EV/EBITDA 8.4
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.
  • The decent profitability rating of BWO 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)0.39
PEG (5Y)N/A
EPS Next 2Y17.42%
EPS Next 3Y-18.31%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • BWO has a Yearly Dividend Yield of 6.48%, which is a nice return.
  • BWO's Dividend Yield is rather good when compared to the industry average which is at 3.15. BWO pays more dividend than 81.08% of the companies in the same industry.
  • BWO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 6.48%

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

  • BWO pays out 57.99% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • BWO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP57.99%
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
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 0 200M -200M
BWO.OL Dividend Payout.BWO.OL Dividend Payout, showing the Payout Ratio.BWO.OL Dividend Payout.PayoutRetained Earnings

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BW OFFSHORE LTD

OSL:BWO (2/20/2026, 7:00:00 PM)

52.4

+1.1 (+2.14%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-14
Earnings (Next)02-27
Inst Owners25.68%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap9.69B
Revenue(TTM)517.70M
Net Income(TTM)150.90M
Analysts77.14
Price Target36.72 (-29.92%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.48%
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)-2.83%
Revenue NQ rev (3m)-2.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 6.68
Fwd PE 6.3
P/S 1.96
P/FCF 1265.32
P/OCF 2.66
P/B 0.89
P/tB 0.97
EV/EBITDA 8.4
EPS(TTM)7.85
EY14.98%
EPS(NY)8.32
Fwd EY15.87%
FCF(TTM)0.04
FCFY0.08%
OCF(TTM)19.71
OCFY37.62%
SpS26.8
BVpS58.58
TBVpS53.97
PEG (NY)0.39
PEG (5Y)N/A
Graham Number101.72
Profitability
Industry RankSector 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 RankSector 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
WACC7.99%
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%.