BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
OSL:BWO - Euronext Oslo - BMG1190N1002 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to BWO. BWO was compared to 34 industry peers in the Energy Equipment & Services industry. BWO scores excellent on profitability, but there are some minor concerns on its financial health. BWO is not valued too expensively and it also shows a decent growth rate. 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.
In the past 5 years BWO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.53%, BWO is in line with its industry, outperforming 47.06% of the companies in the same industry.
The Return On Equity of BWO (12.98%) is better than 61.76% of its industry peers.
With a Return On Invested Capital value of 3.67%, BWO is not doing good in the industry: 76.47% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for BWO is significantly below the industry average of 10.62%.
The 3 year average ROIC (3.55%) for BWO is below the current ROIC(3.67%), indicating increased profibility in the last year.
| 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
BWO's Profit Margin of 24.56% is amongst the best of the industry. BWO outperforms 88.24% of its industry peers.
BWO's Profit Margin has improved in the last couple of years.
The Operating Margin of BWO (26.91%) is better than 91.18% of its industry peers.
BWO's Operating Margin has improved in the last couple of years.
The Gross Margin of BWO (54.74%) is better than 85.29% of its industry peers.
BWO's Gross Margin has declined in the last couple of years.
| 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
BWO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
2.2 Solvency
A Debt/Equity ratio of 1.42 is on the high side and indicates that BWO has dependencies on debt financing.
With a Debt to Equity ratio value of 1.42, BWO is not doing good in the industry: 73.53% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.44
WACC8.42%
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.
BWO's Current ratio of 3.00 is fine compared to the rest of the industry. BWO outperforms 79.41% of its industry peers.
BWO has a Quick Ratio of 3.00. 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 3.00, BWO belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
| 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.
BWO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.12% yearly.
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
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
The Price/Earnings ratio is 4.10, which indicates a rather cheap valuation of BWO.
88.24% 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 27.29, BWO is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.28, the valuation of BWO can be described as very cheap.
Based on the Price/Forward Earnings ratio, BWO is valued cheaply inside the industry as 82.35% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BWO to the average of the S&P500 Index (21.74), we can say BWO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.1 | ||
| Fwd PE | 5.28 |
4.2 Price Multiples
BWO's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.64 |
4.3 Compensation for Growth
The decent profitability rating of BWO 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
With a Yearly Dividend Yield of 10.29%, BWO is a good candidate for dividend investing.
BWO's Dividend Yield is rather good when compared to the industry average which is at 6.27. BWO pays more dividend than 94.12% of the companies in the same industry.
BWO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| 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
BWO pays out 60.43% of its income as dividend. This is not a sustainable payout ratio.
BWO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP60.43%
EPS Next 2Y-1.92%
EPS Next 3YN/A
OSL:BWO (7/8/2025, 1:02:30 PM)
32.4
+0.6 (+1.89%)
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 Cap5.99B
Analysts80
Price Target37.49 (15.71%)
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 | 4.1 | ||
| Fwd PE | 5.28 | ||
| P/S | 1 | ||
| P/FCF | N/A | ||
| P/OCF | 1.8 | ||
| P/B | 0.53 | ||
| P/tB | 0.57 | ||
| EV/EBITDA | 5.64 |
EPS(TTM)7.9
EY24.38%
EPS(NY)6.14
Fwd EY18.94%
FCF(TTM)-1.57
FCFYN/A
OCF(TTM)17.97
OCFY55.47%
SpS32.38
BVpS61.28
TBVpS56.71
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
WACC8.42%
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%