BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis

OSL:BWO • BMG1190N1002

52 NOK
-1.3 (-2.44%)
Last: Mar 3, 2026, 04:19 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to BWO. BWO was compared to 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 has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally BWO also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

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.
  • In the past 5 years BWO always reported a positive cash flow from operatings.
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

  • Looking at the Return On Assets, with a value of 3.62%, BWO is in line with its industry, outperforming 44.44% of the companies in the same industry.
  • BWO has a Return On Equity of 13.34%. This is in the better half of the industry: BWO outperforms 72.22% of its industry peers.
  • BWO's Return On Invested Capital of 3.37% is on the low side compared to the rest of the industry. BWO is outperformed by 75.00% of its industry peers.
  • BWO had an Average Return On Invested Capital over the past 3 years of 3.55%. This is significantly below the industry average of 10.29%.
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

  • The Profit Margin of BWO (29.15%) is better than 88.89% of its industry peers.
  • In the last couple of years the Profit Margin of BWO has grown nicely.
  • Looking at the Operating Margin, with a value of 28.57%, BWO belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
  • BWO's Operating Margin has improved in the last couple of years.
  • BWO has a Gross Margin of 51.03%. This is in the better half of the industry: BWO outperforms 75.00% of its industry peers.
  • 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

More info and screens

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.
  • Compared to 1 year ago, BWO has about the same amount of shares outstanding.
  • BWO has less shares outstanding than it did 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.
  • The Debt to FCF ratio of BWO (2018.75) is worse than 66.67% 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 80.56% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.37
Debt/FCF 2018.75
Altman-Z N/A
ROIC/WACC0.43
WACC7.92%
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.
  • BWO has a Current ratio of 2.21. This is in the better half of the industry: BWO outperforms 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.
  • The Quick ratio of BWO (2.21) is better than 77.78% of its industry peers.
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

More info and screens

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

3

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 32.26% over the past year.
  • BWO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.62% yearly.
  • 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

  • Based on estimates for the next years, BWO will show a very negative growth in Earnings Per Share. The EPS will decrease by -18.31% on average per year.
  • Based on estimates for the next years, BWO will show a small growth in Revenue. The Revenue will grow by 6.34% on average per year.
EPS Next Y17.03%
EPS Next 2Y17.42%
EPS Next 3Y-18.31%
EPS Next 5YN/A
Revenue Next Year-20.65%
Revenue Next 2Y9.67%
Revenue Next 3Y6.34%
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.
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

More info and screens

Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 6.63, the valuation of BWO can be described as very cheap.
  • Based on the Price/Earnings ratio, BWO is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 27.13. BWO is valued rather cheaply when compared to this.
  • Based on the Price/Forward Earnings ratio of 6.26, the valuation of BWO can be described as very cheap.
  • BWO's Price/Forward Earnings ratio is rather cheap when compared to the industry. BWO is cheaper than 88.89% of the companies in the same industry.
  • BWO is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.11, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 6.63
Fwd PE 6.26
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

  • 61.11% of the companies in the same industry are cheaper than BWO, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, BWO is valued a bit more expensive than 66.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF 1256.71
EV/EBITDA 8.55
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

  • 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 cheap valuation may be justified as BWO's earnings are expected to decrease with -18.31% in the coming years.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y17.42%
EPS Next 3Y-18.31%

More info and screens

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

7

5. Dividend

5.1 Amount

  • BWO has a Yearly Dividend Yield of 6.20%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.13, BWO pays a better dividend. On top of this BWO pays more dividend than 80.56% of the companies listed in the same industry.
  • BWO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 6.2%

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

  • 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%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

BW OFFSHORE LTD

OSL:BWO (3/3/2026, 4:19:10 PM)

52

-1.3 (-2.44%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)02-27
Earnings (Next)05-18
Inst Owners25.68%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap9.62B
Revenue(TTM)517.70M
Net Income(TTM)150.90M
Analysts77.14
Price Target36.72 (-29.38%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.2%
Yearly Dividend4.13
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)5.97%
Revenue NY rev (3m)5.97%
Valuation
Industry RankSector Rank
PE 6.63
Fwd PE 6.26
P/S 1.94
P/FCF 1256.71
P/OCF 2.64
P/B 0.89
P/tB 0.96
EV/EBITDA 8.55
EPS(TTM)7.84
EY15.08%
EPS(NY)8.31
Fwd EY15.98%
FCF(TTM)0.04
FCFY0.08%
OCF(TTM)19.7
OCFY37.88%
SpS26.78
BVpS58.53
TBVpS53.92
PEG (NY)0.39
PEG (5Y)N/A
Graham Number101.61
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
WACC7.92%
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-20.65%
Revenue Next 2Y9.67%
Revenue Next 3Y6.34%
Revenue Next 5YN/A
EBIT growth 1Y-3.71%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year79.42%
EBIT Next 3Y47.59%
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 6 / 10 to BW OFFSHORE LTD (BWO.OL). This can be considered as Fairly Valued.


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%.