SBM OFFSHORE NV (SBMO.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:SBMO - NL0000360618 - Common Stock
24.58 EUR
-0.08 (-0.32%)
Taking everything into account, SBMO scores 4 out of 10 in our fundamental rating. SBMO was compared to 39 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
SBMO had positive earnings in the past year.
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
SBMO has a worse Return On Assets (1.99%) than 66.67% of its industry peers.
Looking at the Return On Equity, with a value of 9.05%, SBMO is in line with its industry, outperforming 43.59% of the companies in the same industry.
The Return On Invested Capital of SBMO (5.81%) is worse than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SBMO is significantly below the industry average of 10.99%.
The last Return On Invested Capital (5.81%) for SBMO is above the 3 year average (5.60%), which is a sign of increasing profitability.
| 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
With a Profit Margin value of 6.59%, SBMO perfoms like the industry average, outperforming 58.97% of the companies in the same industry.
SBMO's Profit Margin has declined in the last couple of years.
SBMO has a Operating Margin of 21.52%. This is in the better half of the industry: SBMO outperforms 76.92% of its industry peers.
SBMO's Operating Margin has declined in the last couple of years.
SBMO has a Gross Margin (25.83%) which is in line with its industry peers.
SBMO's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SBMO is destroying value.
The number of shares outstanding for SBMO has been reduced compared to 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
Based on the Altman-Z score of 1.19, we must say that SBMO is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.19, SBMO is in line with its industry, outperforming 46.15% of the companies in the same 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.
Looking at the Debt to FCF ratio, with a value of 4.65, SBMO is in line with its industry, outperforming 48.72% of the companies in the same industry.
A Debt/Equity ratio of 2.12 is on the high side and indicates that SBMO has dependencies on debt financing.
The Debt to Equity ratio of SBMO (2.12) is worse than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 1.19 |
ROIC/WACC0.9
WACC6.48%
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 better Current ratio (2.08) than 71.79% 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 74.36% of the companies in the same industry.
| 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%.
The earnings per share for SBMO have been decreasing by -14.75% on average. This is quite bad
Looking at the last year, SBMO shows a quite strong growth in Revenue. The Revenue has grown by 14.18% in the last year.
The Revenue has been growing slightly by 7.13% on average over the past years.
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
SBMO is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -12.72% yearly.
Based on estimates for the next years, SBMO will show a very negative growth in Revenue. The Revenue will decrease by -10.39% on average per year.
EPS Next Y-26.6%
EPS Next 2Y-14.76%
EPS Next 3Y-0.08%
EPS Next 5Y-12.72%
Revenue Next Year-16.7%
Revenue Next 2Y-8.75%
Revenue Next 3Y0.69%
Revenue Next 5Y-10.39%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.97, SBMO is valued correctly.
SBMO's Price/Earnings ratio is in line with the industry average.
SBMO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
Based on the Price/Forward Earnings ratio of 9.41, the valuation of SBMO can be described as reasonable.
SBMO's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of SBMO to the average of the S&P500 Index (36.59), we can say SBMO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 9.41 |
4.2 Price Multiples
64.10% 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 cheaper than 89.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.55 | ||
| EV/EBITDA | 10.73 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.76%
EPS Next 3Y-0.08%
5. Dividend
5.1 Amount
SBMO has a Yearly Dividend Yield of 3.49%.
Compared to an average industry Dividend Yield of 7.32, SBMO has a dividend in line with its industry peers.
SBMO's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
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-14.76%
EPS Next 3Y-0.08%
AMS:SBMO (11/28/2025, 7:00:00 PM)
24.58
-0.08 (-0.32%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners42.81%
Inst Owner ChangeN/A
Ins Owners1.2%
Ins Owner ChangeN/A
Market Cap4.21B
Revenue(TTM)5.40B
Net Income(TTM)356.00M
Analysts82.86
Price Target28.99 (17.94%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
Yearly Dividend1.22
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)3.18%
PT rev (3m)3.98%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.21%
EPS NY rev (3m)-5.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.97 | ||
| Fwd PE | 9.41 | ||
| P/S | 0.93 | ||
| P/FCF | 2.55 | ||
| P/OCF | 2.43 | ||
| P/B | 1.28 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 10.73 |
EPS(TTM)1.76
EY7.16%
EPS(NY)2.61
Fwd EY10.63%
FCF(TTM)9.64
FCFY39.2%
OCF(TTM)10.11
OCFY41.12%
SpS26.45
BVpS19.25
TBVpS18.33
PEG (NY)N/A
PEG (5Y)N/A
Graham Number27.61
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 | 1.19 |
F-Score5
WACC6.48%
ROIC/WACC0.9
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-26.6%
EPS Next 2Y-14.76%
EPS Next 3Y-0.08%
EPS Next 5Y-12.72%
Revenue 1Y (TTM)14.18%
Revenue growth 3Y9.22%
Revenue growth 5Y7.13%
Sales Q2Q%4.1%
Revenue Next Year-16.7%
Revenue Next 2Y-8.75%
Revenue Next 3Y0.69%
Revenue Next 5Y-10.39%
EBIT growth 1Y4.96%
EBIT growth 3Y12.01%
EBIT growth 5Y4.17%
EBIT Next Year22.93%
EBIT Next 3Y11.9%
EBIT Next 5Y2.31%
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 4 / 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 -26.6% in the next year.