BW OFFSHORE LTD (BWO.OL) Stock Fundamental Analysis
Europe - OSL:BWO - BMG1190N1002 - Common Stock
35.25 NOK
+0.25 (+0.71%)
BWO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 37 industry peers in the Energy Equipment & Services industry. BWO has only an average score on both its financial health and profitability. BWO has a valuation in line with the averages, but on the other hand it scores bad on growth. 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.
BWO had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BWO had a positive operating cash flow.
1.2 Ratios
BWO has a Return On Assets (3.38%) which is comparable to the rest of the industry.
BWO's Return On Equity of 12.49% is in line compared to the rest of the industry. BWO outperforms 59.46% of its industry peers.
BWO's Return On Invested Capital of 3.73% is on the low side compared to the rest of the industry. BWO is outperformed by 75.68% 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 11.43%.
The 3 year average ROIC (3.55%) for BWO is below the current ROIC(3.73%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 12.49% | ||
| ROIC | 3.73% |
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 has a better Profit Margin (24.87%) than 89.19% of its industry peers.
In the last couple of years the Profit Margin of BWO has grown nicely.
BWO has a Operating Margin of 28.73%. This is amongst the best in the industry. BWO outperforms 89.19% of its industry peers.
BWO's Operating Margin has improved in the last couple of years.
The Gross Margin of BWO (53.49%) is better than 86.49% of its industry peers.
BWO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.73% | ||
| PM (TTM) | 24.87% | ||
| GM | 53.49% |
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.
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.
Compared to 1 year ago, BWO has an improved debt to assets ratio.
2.2 Solvency
A Debt/Equity ratio of 1.40 is on the high side and indicates that BWO has dependencies on debt financing.
BWO has a Debt to Equity ratio of 1.40. This is in the lower half of the industry: BWO underperforms 75.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.4 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.47
WACC7.94%
2.3 Liquidity
BWO has a Current Ratio of 2.39. This indicates that BWO is financially healthy and has no problem in meeting its short term obligations.
BWO has a better Current ratio (2.39) than 81.08% of its industry peers.
A Quick Ratio of 2.39 indicates that BWO has no problem at all paying its short term obligations.
The Quick ratio of BWO (2.39) is better than 83.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 2.39 |
3. Growth
3.1 Past
BWO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.59%, which is quite good.
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 -12.34% 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)11.59%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%-6.67%
Revenue 1Y (TTM)-12.34%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-15.87%
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 Y-55.91%
EPS Next 2Y-2.74%
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
The Price/Earnings ratio is 4.66, which indicates a rather cheap valuation of BWO.
BWO's Price/Earnings ratio is rather cheap when compared to the industry. BWO is cheaper than 86.49% of the companies in the same industry.
When comparing the Price/Earnings ratio of BWO to the average of the S&P500 Index (27.20), we can say BWO is valued rather cheaply.
The Price/Forward Earnings ratio is 6.03, which indicates a rather cheap valuation of BWO.
Based on the Price/Forward Earnings ratio, BWO is valued a bit cheaper than the industry average as 78.38% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.70. BWO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.66 | ||
| Fwd PE | 6.03 |
4.2 Price Multiples
BWO's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.18 |
4.3 Compensation for Growth
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)N/A
PEG (5Y)N/A
EPS Next 2Y-2.74%
EPS Next 3Y-18.31%
5. Dividend
5.1 Amount
BWO has a Yearly Dividend Yield of 9.23%, which is a nice return.
Compared to an average industry Dividend Yield of 6.75, BWO pays a better dividend. On top of this BWO pays more dividend than 86.49% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, BWO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.23% |
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
62.15% of the earnings are spent on dividend by BWO. 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.
DP62.15%
EPS Next 2Y-2.74%
EPS Next 3Y-18.31%
OSL:BWO (9/17/2025, 7:00:00 PM)
35.25
+0.25 (+0.71%)
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 Cap6.52B
Analysts80
Price Target36.72 (4.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.23% |
Yearly Dividend4.3
Dividend Growth(5Y)18.85%
DP62.15%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)87.23%
Min EPS beat(2)15.51%
Max EPS beat(2)158.95%
EPS beat(4)3
Avg EPS beat(4)50.13%
Min EPS beat(4)-47.19%
Max EPS beat(4)158.95%
EPS beat(8)5
Avg EPS beat(8)22.42%
EPS beat(12)6
Avg EPS beat(12)7.26%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)21.74%
Min Revenue beat(2)11.68%
Max Revenue beat(2)31.81%
Revenue beat(4)3
Avg Revenue beat(4)9.24%
Min Revenue beat(4)-8.87%
Max Revenue beat(4)31.81%
Revenue beat(8)7
Avg Revenue beat(8)19.55%
Revenue beat(12)11
Avg Revenue beat(12)20.13%
Revenue beat(16)15
Avg Revenue beat(16)16.43%
PT rev (1m)-2.04%
PT rev (3m)-2.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-53.85%
EPS NY rev (1m)57.14%
EPS NY rev (3m)57.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-15.12%
Revenue NY rev (3m)-22.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.66 | ||
| Fwd PE | 6.03 | ||
| P/S | 1.17 | ||
| P/FCF | N/A | ||
| P/OCF | 2.05 | ||
| P/B | 0.59 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 6.18 |
EPS(TTM)7.56
EY21.45%
EPS(NY)5.85
Fwd EY16.59%
FCF(TTM)-0.86
FCFYN/A
OCF(TTM)17.21
OCFY48.83%
SpS30.11
BVpS59.97
TBVpS55.2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 12.49% | ||
| ROCE | 4.13% | ||
| ROIC | 3.73% | ||
| ROICexc | 4.18% | ||
| ROICexgc | 4.29% | ||
| OM | 28.73% | ||
| PM (TTM) | 24.87% | ||
| GM | 53.49% | ||
| 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 | 1.4 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.21 | ||
| Cap/Depr | 242.35% | ||
| Cap/Sales | 60.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.85% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.39 | ||
| Quick Ratio | 2.39 | ||
| Altman-Z | N/A |
F-Score6
WACC7.94%
ROIC/WACC0.47
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)11.59%
EPS 3Y27.16%
EPS 5Y-0.62%
EPS Q2Q%-6.67%
EPS Next Y-55.91%
EPS Next 2Y-2.74%
EPS Next 3Y-18.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.34%
Revenue growth 3Y-9.89%
Revenue growth 5Y-8.53%
Sales Q2Q%-15.87%
Revenue Next Year-25.12%
Revenue Next 2Y10.34%
Revenue Next 3Y6.93%
Revenue Next 5YN/A
EBIT growth 1Y12.72%
EBIT growth 3Y2.19%
EBIT growth 5Y-5.59%
EBIT Next Year88.75%
EBIT Next 3Y48.79%
EBIT Next 5YN/A
FCF growth 1Y92.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-43.99%
OCF growth 3Y-10.73%
OCF growth 5Y-9.82%