SBM OFFSHORE NV (SBMO.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:SBMO - NL0000360618 - Common Stock
24.36 EUR
-0.28 (-1.14%)
We assign a fundamental rating of 4 out of 10 to SBMO. SBMO was compared to 37 industry peers in the Energy Equipment & Services industry. SBMO scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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.
In the past year SBMO had a positive cash flow from operations.
SBMO had positive earnings in each of the past 5 years.
In the past 5 years SBMO reported 4 times negative operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.99%, SBMO is doing worse than 67.57% of the companies in the same industry.
SBMO has a Return On Equity of 9.05%. This is comparable to the rest of the industry: SBMO outperforms 43.24% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.81%, SBMO is doing worse than 67.57% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SBMO 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
Looking at the Profit Margin, with a value of 6.59%, SBMO is in line with its industry, outperforming 56.76% of the companies in the same industry.
In the last couple of years the Profit Margin of SBMO has declined.
The Operating Margin of SBMO (21.52%) is better than 78.38% of its industry peers.
In the last couple of years the Operating Margin of SBMO has declined.
Looking at the Gross Margin, with a value of 25.83%, SBMO is in line with its industry, 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
SBMO 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 SBMO has been reduced compared to 1 year ago.
SBMO has less shares outstanding than it did 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.
The Altman-Z score of SBMO (1.18) is comparable to the rest of the industry.
SBMO has a debt to FCF ratio of 4.65. This is a neutral value as SBMO would need 4.65 years to pay back of all of its debts.
SBMO has a Debt to FCF ratio (4.65) which is in line with its industry peers.
A Debt/Equity ratio of 2.12 is on the high side and indicates that SBMO has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.12, SBMO is doing worse than 86.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.89
WACC6.53%
2.3 Liquidity
A Current Ratio of 2.08 indicates that SBMO has no problem at all paying its short term obligations.
SBMO has a Current ratio of 2.08. This is in the better half of the industry: SBMO outperforms 70.27% of its industry peers.
A Quick Ratio of 2.03 indicates that SBMO has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.03, SBMO is doing good in the industry, outperforming 72.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
The earnings per share for SBMO have decreased strongly by -13.08% in the last year.
SBMO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.75% yearly.
The Revenue has grown by 14.18% in the past year. This is quite good.
SBMO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.13% yearly.
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
The Earnings Per Share is expected to decrease by -10.01% on average over the next years. This is quite bad
SBMO is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.74% yearly.
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
With a Price/Earnings ratio of 13.92, SBMO is valued correctly.
SBMO's Price/Earnings ratio is in line with the industry average.
SBMO is valuated rather cheaply when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
SBMO is valuated cheaply with a Price/Forward Earnings ratio of 7.94.
67.57% of the companies in the same industry are more expensive than SBMO, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SBMO to the average of the S&P500 Index (23.51), we can say SBMO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.92 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
64.86% of the companies in the same industry are cheaper than SBMO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, SBMO is valued cheaply inside the industry as 91.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.47 | ||
| EV/EBITDA | 10.63 |
4.3 Compensation for Growth
SBMO's earnings are expected to decrease with -8.38% in the coming years. This may justify a cheaper valuation.
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.
SBMO's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
5.2 History
On average, the dividend of SBMO grows each year by 21.37%, which is quite nice.
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.
The Dividend Rate of SBMO has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP104.21%
EPS Next 2Y-7.4%
EPS Next 3Y-8.38%
AMS:SBMO (12/10/2025, 5:20:02 PM)
24.36
-0.28 (-1.14%)
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 (26.19%)
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 | 13.92 | ||
| Fwd PE | 7.94 | ||
| P/S | 0.9 | ||
| P/FCF | 2.47 | ||
| P/OCF | 2.35 | ||
| P/B | 1.24 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | 10.63 |
EPS(TTM)1.75
EY7.18%
EPS(NY)3.07
Fwd EY12.6%
FCF(TTM)9.87
FCFY40.53%
OCF(TTM)10.36
OCFY42.51%
SpS27.1
BVpS19.72
TBVpS18.78
PEG (NY)N/A
PEG (5Y)N/A
Graham Number27.87
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
WACC6.53%
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.