CMB TECH NV (CMBT.BR) Stock Fundamental Analysis

Europe • Euronext Brussels • EBR:CMBT • BE0003816338

10.48 EUR
+0.18 (+1.75%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

CMBT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 73 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of CMBT while its profitability can be described as average. CMBT is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year CMBT has reported negative net income.
  • In the past year CMBT had a positive cash flow from operations.
  • CMBT had positive earnings in 4 of the past 5 years.
  • CMBT had a positive operating cash flow in 4 of the past 5 years.
CMBT.BR Yearly Net Income VS EBIT VS OCF VS FCFCMBT.BR 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 500M -500M

1.2 Ratios

  • The Return On Assets of CMBT (3.67%) is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of 12.04%, CMBT is in the better half of the industry, outperforming 72.60% of the companies in the same industry.
  • The Return On Invested Capital of CMBT (4.04%) is worse than 71.23% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for CMBT is in line with the industry average of 8.73%.
  • The last Return On Invested Capital (4.04%) for CMBT is well below the 3 year average (8.95%), which needs to be investigated, but indicates that CMBT had better years and this may not be a problem.
Industry RankSector Rank
ROA 3.67%
ROE 12.04%
ROIC 4.04%
ROA(3y)17.5%
ROA(5y)11.27%
ROE(3y)39.6%
ROE(5y)24.4%
ROIC(3y)8.95%
ROIC(5y)N/A
CMBT.BR Yearly ROA, ROE, ROICCMBT.BR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

1.3 Margins

  • CMBT has a better Profit Margin (17.42%) than 80.82% of its industry peers.
  • In the last couple of years the Profit Margin of CMBT has grown nicely.
  • CMBT's Operating Margin of 23.08% is fine compared to the rest of the industry. CMBT outperforms 64.38% of its industry peers.
  • CMBT's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 52.84%, CMBT is in line with its industry, outperforming 58.90% of the companies in the same industry.
  • CMBT's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 23.08%
PM (TTM) 17.42%
GM 52.84%
OM growth 3YN/A
OM growth 5Y14.72%
PM growth 3YN/A
PM growth 5Y49.82%
GM growth 3Y46.27%
GM growth 5Y-0.15%
CMBT.BR Yearly Profit, Operating, Gross MarginsCMBT.BR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CMBT is still creating some value.
  • CMBT has less shares outstanding than it did 1 year ago.
  • CMBT has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, CMBT has a worse debt to assets ratio.
CMBT.BR Yearly Shares OutstandingCMBT.BR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
CMBT.BR Yearly Total Debt VS Total AssetsCMBT.BR 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

  • CMBT has an Altman-Z score of 0.83. This is a bad value and indicates that CMBT is not financially healthy and even has some risk of bankruptcy.
  • CMBT has a worse Altman-Z score (0.83) than 79.45% of its industry peers.
  • CMBT has a Debt/Equity ratio of 1.96. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 1.96, CMBT is not doing good in the industry: 90.41% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.96
Debt/FCF N/A
Altman-Z 0.83
ROIC/WACC0.57
WACC7.13%
CMBT.BR Yearly LT Debt VS Equity VS FCFCMBT.BR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

2.3 Liquidity

  • A Current Ratio of 0.62 indicates that CMBT may have some problems paying its short term obligations.
  • With a Current ratio value of 0.62, CMBT is not doing good in the industry: 90.41% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.51 indicates that CMBT may have some problems paying its short term obligations.
  • CMBT has a Quick ratio of 0.51. This is amonst the worse of the industry: CMBT underperforms 91.78% of its industry peers.
Industry RankSector Rank
Current Ratio 0.62
Quick Ratio 0.51
CMBT.BR Yearly Current Assets VS Current LiabilitesCMBT.BR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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

5

3. Growth

3.1 Past

  • CMBT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -104.54%.
  • The Earnings Per Share has been growing by 43.41% on average over the past years. This is a very strong growth
  • Looking at the last year, CMBT shows a quite strong growth in Revenue. The Revenue has grown by 17.21% in the last year.
  • Measured over the past years, CMBT shows a small growth in Revenue. The Revenue has been growing by 0.55% on average per year.
EPS 1Y (TTM)-104.54%
EPS 3YN/A
EPS 5Y43.41%
EPS Q2Q%-152.78%
Revenue 1Y (TTM)17.21%
Revenue growth 3Y30.84%
Revenue growth 5Y0.55%
Sales Q2Q%104.76%

3.2 Future

  • The Earnings Per Share is expected to decrease by -25.73% on average over the next years. This is quite bad
  • Based on estimates for the next years, CMBT will show a very strong growth in Revenue. The Revenue will grow by 34.18% on average per year.
EPS Next Y-87.08%
EPS Next 2Y-40.43%
EPS Next 3Y-25.73%
EPS Next 5YN/A
Revenue Next Year48.83%
Revenue Next 2Y40.51%
Revenue Next 3Y34.18%
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.
CMBT.BR Yearly Revenue VS EstimatesCMBT.BR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B
CMBT.BR Yearly EPS VS EstimatesCMBT.BR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 4

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • CMBT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Based on the Price/Forward Earnings ratio of 9.42, the valuation of CMBT can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, CMBT is valued cheaper than 80.82% of the companies in the same industry.
  • CMBT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.78.
Industry RankSector Rank
PE N/A
Fwd PE 9.42
CMBT.BR Price Earnings VS Forward Price EarningsCMBT.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40

4.2 Price Multiples

  • 72.60% of the companies in the same industry are cheaper than CMBT, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.07
CMBT.BR Per share dataCMBT.BR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 6

4.3 Compensation for Growth

  • The decent profitability rating of CMBT may justify a higher PE ratio.
  • CMBT's earnings are expected to decrease with -25.73% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-40.43%
EPS Next 3Y-25.73%

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

0

5. Dividend

5.1 Amount

  • CMBT does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

CMB TECH NV

EBR:CMBT (2/6/2026, 7:00:00 PM)

10.48

+0.18 (+1.75%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-26
Earnings (Next)02-26
Inst Owners12.66%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.31B
Revenue(TTM)1.76B
Net Income(TTM)306.64M
Analysts83.33
Price Target11.07 (5.63%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend4.77
Dividend Growth(5Y)116.35%
DP7.67%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-173.2%
Min EPS beat(2)-198.04%
Max EPS beat(2)-148.37%
EPS beat(4)0
Avg EPS beat(4)-136.26%
Min EPS beat(4)-198.04%
Max EPS beat(4)-49.61%
EPS beat(8)3
Avg EPS beat(8)39.77%
EPS beat(12)7
Avg EPS beat(12)35.97%
EPS beat(16)10
Avg EPS beat(16)32.67%
Revenue beat(2)2
Avg Revenue beat(2)34.8%
Min Revenue beat(2)22.8%
Max Revenue beat(2)46.8%
Revenue beat(4)3
Avg Revenue beat(4)17.75%
Min Revenue beat(4)-9.81%
Max Revenue beat(4)46.8%
Revenue beat(8)6
Avg Revenue beat(8)22.7%
Revenue beat(12)10
Avg Revenue beat(12)33.52%
Revenue beat(16)14
Avg Revenue beat(16)39.69%
PT rev (1m)3.38%
PT rev (3m)6.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-31.05%
EPS NY rev (1m)-7.87%
EPS NY rev (3m)14.29%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)2.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.15%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 9.42
P/S 2.22
P/FCF N/A
P/OCF 11.99
P/B 1.53
P/tB 1.66
EV/EBITDA 13.07
EPS(TTM)-0.22
EYN/A
EPS(NY)1.11
Fwd EY10.62%
FCF(TTM)-2.49
FCFYN/A
OCF(TTM)0.87
OCFY8.34%
SpS4.72
BVpS6.83
TBVpS6.32
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 3.67%
ROE 12.04%
ROCE 5.39%
ROIC 4.04%
ROICexc 4.04%
ROICexgc 4.14%
OM 23.08%
PM (TTM) 17.42%
GM 52.84%
FCFM N/A
ROA(3y)17.5%
ROA(5y)11.27%
ROE(3y)39.6%
ROE(5y)24.4%
ROIC(3y)8.95%
ROIC(5y)N/A
ROICexc(3y)9.88%
ROICexc(5y)N/A
ROICexgc(3y)9.93%
ROICexgc(5y)N/A
ROCE(3y)11.93%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y15.98%
ROICexc growth 3YN/A
ROICexc growth 5Y15.87%
OM growth 3YN/A
OM growth 5Y14.72%
PM growth 3YN/A
PM growth 5Y49.82%
GM growth 3Y46.27%
GM growth 5Y-0.15%
F-Score3
Asset Turnover0.21
Health
Industry RankSector Rank
Debt/Equity 1.96
Debt/FCF N/A
Debt/EBITDA 6.9
Cap/Depr 395.78%
Cap/Sales 71.33%
Interest Coverage 1.53
Cash Conversion 45.05%
Profit Quality N/A
Current Ratio 0.62
Quick Ratio 0.51
Altman-Z 0.83
F-Score3
WACC7.13%
ROIC/WACC0.57
Cap/Depr(3y)357.13%
Cap/Depr(5y)252.34%
Cap/Sales(3y)69.97%
Cap/Sales(5y)65.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-104.54%
EPS 3YN/A
EPS 5Y43.41%
EPS Q2Q%-152.78%
EPS Next Y-87.08%
EPS Next 2Y-40.43%
EPS Next 3Y-25.73%
EPS Next 5YN/A
Revenue 1Y (TTM)17.21%
Revenue growth 3Y30.84%
Revenue growth 5Y0.55%
Sales Q2Q%104.76%
Revenue Next Year48.83%
Revenue Next 2Y40.51%
Revenue Next 3Y34.18%
Revenue Next 5YN/A
EBIT growth 1Y-35.16%
EBIT growth 3YN/A
EBIT growth 5Y15.35%
EBIT Next Year116.45%
EBIT Next 3Y54.74%
EBIT Next 5YN/A
FCF growth 1Y-329.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-56.33%
OCF growth 3YN/A
OCF growth 5Y11.04%

CMB TECH NV / CMBT.BR FAQ

What is the ChartMill fundamental rating of CMB TECH NV (CMBT.BR) stock?

ChartMill assigns a fundamental rating of 4 / 10 to CMBT.BR.


Can you provide the valuation status for CMB TECH NV?

ChartMill assigns a valuation rating of 3 / 10 to CMB TECH NV (CMBT.BR). This can be considered as Overvalued.


How profitable is CMB TECH NV (CMBT.BR) stock?

CMB TECH NV (CMBT.BR) has a profitability rating of 6 / 10.


What is the financial health of CMB TECH NV (CMBT.BR) stock?

The financial health rating of CMB TECH NV (CMBT.BR) is 1 / 10.


How sustainable is the dividend of CMB TECH NV (CMBT.BR) stock?

The dividend rating of CMB TECH NV (CMBT.BR) is 0 / 10 and the dividend payout ratio is 7.67%.