SBM OFFSHORE NV (SBMO.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:SBMO - NL0000360618 - Common Stock
24.34 EUR
+0.06 (+0.25%)
SBMO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 37 industry peers in the Energy Equipment & Services industry. The financial health of SBMO is average, but there are quite some concerns on its profitability. SBMO has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SBMO was profitable.
SBMO had a positive operating cash flow in the past year.
SBMO had positive earnings in each of the past 5 years.
SBMO had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of SBMO (1.99%) is worse than 67.57% of its industry peers.
With a Return On Equity value of 9.05%, SBMO perfoms like the industry average, outperforming 43.24% of the companies in the same industry.
SBMO's Return On Invested Capital of 5.81% is on the low side compared to the rest of the industry. SBMO is outperformed by 67.57% of its industry peers.
SBMO had an Average Return On Invested Capital over the past 3 years of 5.60%. This is significantly below the industry average of 10.92%.
The 3 year average ROIC (5.60%) for SBMO is below the current ROIC(5.81%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 9.05% | ||
| ROIC | 5.81% |
ROA(3y)2.19%
ROA(5y)2.26%
ROE(3y)10.18%
ROE(5y)10.7%
ROIC(3y)5.6%
ROIC(5y)5.51%
1.3 Margins
SBMO has a Profit Margin of 6.59%. This is comparable to the rest of the industry: SBMO outperforms 56.76% of its industry peers.
SBMO's Profit Margin has declined in the last couple of years.
SBMO's Operating Margin of 21.52% is fine compared to the rest of the industry. SBMO outperforms 78.38% of its industry peers.
SBMO's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 25.83%, SBMO perfoms like the industry average, outperforming 56.76% of the companies in the same industry.
In the last couple of years the Gross Margin of SBMO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.52% | ||
| PM (TTM) | 6.59% | ||
| GM | 25.83% |
OM growth 3Y2.55%
OM growth 5Y-2.75%
PM growth 3Y-33.97%
PM growth 5Y-21.9%
GM growth 3Y0.89%
GM growth 5Y-2.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SBMO is destroying value.
SBMO has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SBMO has been reduced compared to 5 years ago.
The debt/assets ratio for SBMO has been reduced compared to a year ago.
2.2 Solvency
SBMO has an Altman-Z score of 1.18. This is a bad value and indicates that SBMO is not financially healthy and even has some risk of bankruptcy.
SBMO has a Altman-Z score of 1.18. This is comparable to the rest of the industry: SBMO outperforms 45.95% of its industry peers.
The Debt to FCF ratio of SBMO is 4.65, which is a neutral value as it means it would take SBMO, 4.65 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SBMO (4.65) is comparable to the rest of the industry.
SBMO has a Debt/Equity ratio of 2.12. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.12, SBMO is not doing good in the industry: 86.49% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.89
WACC6.5%
2.3 Liquidity
SBMO has a Current Ratio of 2.08. This indicates that SBMO is financially healthy and has no problem in meeting its short term obligations.
SBMO has a better Current ratio (2.08) than 70.27% of its industry peers.
SBMO has a Quick Ratio of 2.03. This indicates that SBMO is financially healthy and has no problem in meeting its short term obligations.
SBMO has a Quick ratio of 2.03. This is in the better half of the industry: SBMO outperforms 72.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
SBMO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.08%.
SBMO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.75% yearly.
Looking at the last year, SBMO shows a quite strong growth in Revenue. The Revenue has grown by 14.18% in the last year.
Measured over the past years, SBMO shows a small growth in Revenue. The Revenue has been growing by 7.13% on average per year.
EPS 1Y (TTM)-13.08%
EPS 3Y-27.49%
EPS 5Y-14.75%
EPS Q2Q%184.62%
Revenue 1Y (TTM)14.18%
Revenue growth 3Y9.22%
Revenue growth 5Y7.13%
Sales Q2Q%4.1%
3.2 Future
Based on estimates for the next years, SBMO will show a very negative growth in Earnings Per Share. The EPS will decrease by -10.01% on average per year.
The Revenue is expected to decrease by -5.74% on average over the next years.
EPS Next Y-16.17%
EPS Next 2Y-7.4%
EPS Next 3Y-8.38%
EPS Next 5Y-10.01%
Revenue Next Year-16%
Revenue Next 2Y2.41%
Revenue Next 3Y-5.91%
Revenue Next 5Y-5.74%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.99, which indicates a correct valuation of SBMO.
The rest of the industry has a similar Price/Earnings ratio as SBMO.
SBMO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.76.
SBMO is valuated cheaply with a Price/Forward Earnings ratio of 7.98.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SBMO indicates a somewhat cheap valuation: SBMO is cheaper than 67.57% of the companies listed in the same industry.
SBMO is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.99 | ||
| Fwd PE | 7.98 |
4.2 Price Multiples
SBMO's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SBMO is more expensive than 64.86% of the companies in the same industry.
SBMO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SBMO is cheaper than 91.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.48 | ||
| EV/EBITDA | 10.6 |
4.3 Compensation for Growth
A cheap valuation may be justified as SBMO's earnings are expected to decrease with -8.38% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.4%
EPS Next 3Y-8.38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.46%, SBMO has a reasonable but not impressive dividend return.
SBMO's Dividend Yield is comparable with the industry average which is at 7.46.
Compared to an average S&P500 Dividend Yield of 2.31, SBMO pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
5.2 History
The dividend of SBMO is nicely growing with an annual growth rate of 21.37%!
Dividend Growth(5Y)21.37%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
104.21% of the earnings are spent on dividend by SBMO. This is not a sustainable payout ratio.
SBMO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP104.21%
EPS Next 2Y-7.4%
EPS Next 3Y-8.38%
AMS:SBMO (12/12/2025, 5:29:44 PM)
24.34
+0.06 (+0.25%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners46.54%
Inst Owner ChangeN/A
Ins Owners0.4%
Ins Owner ChangeN/A
Market Cap4.17B
Revenue(TTM)5.40B
Net Income(TTM)356.00M
Analysts82.86
Price Target30.74 (26.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
Yearly Dividend1.21
Dividend Growth(5Y)21.37%
DP104.21%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9%
PT rev (3m)9.39%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)14.2%
EPS NY rev (3m)8.16%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.84%
Revenue NY rev (3m)1.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.99 | ||
| Fwd PE | 7.98 | ||
| P/S | 0.9 | ||
| P/FCF | 2.48 | ||
| P/OCF | 2.37 | ||
| P/B | 1.24 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | 10.6 |
EPS(TTM)1.74
EY7.15%
EPS(NY)3.05
Fwd EY12.53%
FCF(TTM)9.81
FCFY40.3%
OCF(TTM)10.29
OCFY42.27%
SpS26.92
BVpS19.59
TBVpS18.66
PEG (NY)N/A
PEG (5Y)N/A
Graham Number27.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 9.05% | ||
| ROCE | 7.83% | ||
| ROIC | 5.81% | ||
| ROICexc | 6.24% | ||
| ROICexgc | 6.33% | ||
| OM | 21.52% | ||
| PM (TTM) | 6.59% | ||
| GM | 25.83% | ||
| FCFM | 36.44% |
ROA(3y)2.19%
ROA(5y)2.26%
ROE(3y)10.18%
ROE(5y)10.7%
ROIC(3y)5.6%
ROIC(5y)5.51%
ROICexc(3y)5.89%
ROICexc(5y)5.92%
ROICexgc(3y)5.96%
ROICexgc(5y)5.98%
ROCE(3y)7.55%
ROCE(5y)7.43%
ROICexgc growth 3Y-1.98%
ROICexgc growth 5Y-5.86%
ROICexc growth 3Y-2.09%
ROICexc growth 5Y-6.05%
OM growth 3Y2.55%
OM growth 5Y-2.75%
PM growth 3Y-33.97%
PM growth 5Y-21.9%
GM growth 3Y0.89%
GM growth 5Y-2.99%
F-Score5
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Debt/EBITDA | 6.8 | ||
| Cap/Depr | 145.46% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | 3.09 | ||
| Cash Conversion | 168.02% | ||
| Profit Quality | 553.09% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.03 | ||
| Altman-Z | 1.18 |
F-Score5
WACC6.5%
ROIC/WACC0.89
Cap/Depr(3y)176.11%
Cap/Depr(5y)120.94%
Cap/Sales(3y)2.53%
Cap/Sales(5y)2.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.08%
EPS 3Y-27.49%
EPS 5Y-14.75%
EPS Q2Q%184.62%
EPS Next Y-16.17%
EPS Next 2Y-7.4%
EPS Next 3Y-8.38%
EPS Next 5Y-10.01%
Revenue 1Y (TTM)14.18%
Revenue growth 3Y9.22%
Revenue growth 5Y7.13%
Sales Q2Q%4.1%
Revenue Next Year-16%
Revenue Next 2Y2.41%
Revenue Next 3Y-5.91%
Revenue Next 5Y-5.74%
EBIT growth 1Y4.96%
EBIT growth 3Y12.01%
EBIT growth 5Y4.17%
EBIT Next Year28.83%
EBIT Next 3Y4.99%
EBIT Next 5Y-1.62%
FCF growth 1Y204.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y219.09%
OCF growth 3YN/A
OCF growth 5YN/A
SBM OFFSHORE NV / SBMO.AS FAQ
What is the ChartMill fundamental rating of SBM OFFSHORE NV (SBMO.AS) stock?
ChartMill assigns a fundamental rating of 4 / 10 to SBMO.AS.
What is the valuation status for SBMO stock?
ChartMill assigns a valuation rating of 5 / 10 to SBM OFFSHORE NV (SBMO.AS). This can be considered as Fairly Valued.
Can you provide the profitability details for SBM OFFSHORE NV?
SBM OFFSHORE NV (SBMO.AS) has a profitability rating of 3 / 10.
What is the financial health of SBM OFFSHORE NV (SBMO.AS) stock?
The financial health rating of SBM OFFSHORE NV (SBMO.AS) is 5 / 10.
Can you provide the expected EPS growth for SBMO stock?
The Earnings per Share (EPS) of SBM OFFSHORE NV (SBMO.AS) is expected to decline by -16.17% in the next year.