SBM OFFSHORE NV (SBMO.AS) Stock Fundamental Analysis
Europe - AMS:SBMO - NL0000360618 - Common Stock
21.5 EUR
+0.1 (+0.47%)
Overall SBMO gets a fundamental rating of 4 out of 10. We evaluated SBMO against 35 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 on the other hand it scores bad on growth.
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.
Each year in the past 5 years SBMO has been profitable.
SBMO had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.99%, SBMO is not doing good in the industry: 62.86% of the companies in the same industry are doing better.
The Return On Equity of SBMO (9.05%) is comparable to the rest of the industry.
SBMO has a Return On Invested Capital of 5.81%. This is in the lower half of the industry: SBMO underperforms 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SBMO is below the industry average of 10.46%.
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's Profit Margin of 6.59% is in line compared to the rest of the industry. SBMO outperforms 60.00% of its industry peers.
SBMO's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 21.52%, SBMO is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
SBMO's Operating Margin has declined in the last couple of years.
SBMO has a Gross Margin of 25.83%. This is comparable to the rest of the industry: SBMO outperforms 57.14% of its industry peers.
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.
Compared to 5 years ago, SBMO has less shares outstanding
Compared to 1 year ago, SBMO has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that SBMO is in the distress zone and has some risk of bankruptcy.
SBMO's Altman-Z score of 1.16 is in line compared to the rest of the industry. SBMO outperforms 48.57% 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.
With a Debt to FCF ratio value of 4.65, SBMO perfoms like the industry average, outperforming 54.29% 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.
SBMO has a worse Debt to Equity ratio (2.12) than 82.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 1.16 |
ROIC/WACC0.95
WACC6.12%
2.3 Liquidity
A Current Ratio of 2.08 indicates that SBMO has no problem at all paying its short term obligations.
The Current ratio of SBMO (2.08) is better than 68.57% of its industry peers.
A Quick Ratio of 2.03 indicates that SBMO has no problem at all paying its short term obligations.
SBMO has a Quick ratio of 2.03. This is in the better half of the industry: SBMO outperforms 71.43% of its industry peers.
| 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 -13.15% in the last year.
The earnings per share for SBMO have been decreasing by -14.78% on average. This is quite bad
SBMO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.18%.
The Revenue has been growing slightly by 7.13% on average over the past years.
EPS 1Y (TTM)-13.15%
EPS 3Y-27.53%
EPS 5Y-14.78%
EPS Q2Q%186.23%
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 -12.72% on average over the next years. This is quite bad
The Revenue is expected to decrease by -10.39% on average over the next years. This is quite bad
EPS Next Y-26.75%
EPS Next 2Y-14.91%
EPS Next 3Y0%
EPS Next 5Y-12.72%
Revenue Next Year-16.92%
Revenue Next 2Y-9.34%
Revenue Next 3Y0.19%
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
Based on the Price/Earnings ratio of 12.29, the valuation of SBMO can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of SBMO is on the same level as its industry peers.
SBMO is valuated cheaply when we compare the Price/Earnings ratio to 27.53, which is the current average of the S&P500 Index.
SBMO is valuated reasonably with a Price/Forward Earnings ratio of 8.29.
SBMO's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.04. SBMO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.29 | ||
| Fwd PE | 8.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SBMO is valued a bit more expensive than the industry average as 65.71% of the companies are valued more cheaply.
SBMO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SBMO is cheaper than 94.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.24 | ||
| EV/EBITDA | 10.2 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.91%
EPS Next 3Y0%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.95%, SBMO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.09, SBMO has a dividend in line with its industry peers.
SBMO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
5.2 History
On average, the dividend of SBMO grows each year by 21.40%, which is quite nice.
Dividend Growth(5Y)21.4%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
SBMO pays out 104.21% of its income as dividend. 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-14.91%
EPS Next 3Y0%
AMS:SBMO (10/16/2025, 11:48:19 AM)
21.5
+0.1 (+0.47%)
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 Cap3.79B
Analysts82.86
Price Target28.1 (30.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
Yearly Dividend1.22
Dividend Growth(5Y)21.4%
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)0%
PT rev (3m)2.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-5.49%
EPS NY rev (3m)18.27%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)5.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.29 | ||
| Fwd PE | 8.29 | ||
| P/S | 0.82 | ||
| P/FCF | 2.24 | ||
| P/OCF | 2.13 | ||
| P/B | 1.12 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 10.2 |
EPS(TTM)1.75
EY8.14%
EPS(NY)2.59
Fwd EY12.07%
FCF(TTM)9.61
FCFY44.68%
OCF(TTM)10.07
OCFY46.86%
SpS26.37
BVpS19.19
TBVpS18.27
PEG (NY)N/A
PEG (5Y)N/A
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%
ROICexcg growth 3Y-1.98%
ROICexcg 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 | 1.16 |
F-Score5
WACC6.12%
ROIC/WACC0.95
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)-13.15%
EPS 3Y-27.53%
EPS 5Y-14.78%
EPS Q2Q%186.23%
EPS Next Y-26.75%
EPS Next 2Y-14.91%
EPS Next 3Y0%
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-16.92%
Revenue Next 2Y-9.34%
Revenue Next 3Y0.19%
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