SBM OFFSHORE NV (SBMO.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:SBMO - NL0000360618 - Common Stock
24.34 EUR
-0.08 (-0.33%)
Overall SBMO gets a fundamental rating of 4 out of 10. We evaluated SBMO against 37 industry peers in the Energy Equipment & Services industry. While SBMO seems to be doing ok healthwise, there are quite some concerns on its profitability. SBMO is valued correctly, 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.
Each year in the past 5 years SBMO has been profitable.
In the past 5 years SBMO reported 4 times negative operating cash flow.
1.2 Ratios
SBMO has a Return On Assets of 1.99%. This is in the lower half of the industry: SBMO underperforms 67.57% of its industry peers.
SBMO has a Return On Equity (9.05%) which is comparable to the rest of the industry.
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
With a Profit Margin value of 6.59%, SBMO perfoms like the industry average, outperforming 56.76% of the companies in the same industry.
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 78.38% of the companies in the same industry.
SBMO's Operating Margin has declined in the last couple of years.
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.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SBMO 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
SBMO has a better debt/assets ratio than last year.
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.
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 of 4.65. This is comparable to the rest of the industry: SBMO outperforms 48.65% of its industry peers.
SBMO has a Debt/Equity ratio of 2.12. This is a high value indicating a heavy dependency on external financing.
SBMO has a worse Debt to Equity ratio (2.12) than 86.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 4.65 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.89
WACC6.51%
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's Current ratio of 2.08 is fine compared to the rest 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.
Measured over the past years, SBMO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.75% on average per year.
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)-13.08%
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.
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 13.91, the valuation of SBMO can be described as correct.
SBMO's Price/Earnings is on the same level as the industry average.
SBMO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
The Price/Forward Earnings ratio is 7.93, which indicates a rather cheap valuation of SBMO.
SBMO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SBMO is cheaper than 67.57% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.80. SBMO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.91 | ||
| Fwd PE | 7.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SBMO is valued a bit more expensive than 64.86% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SBMO is valued cheaper than 89.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.46 | ||
| EV/EBITDA | 10.59 |
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.
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
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.
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 (12/11/2025, 5:29:50 PM)
24.34
-0.08 (-0.33%)
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 | 13.91 | ||
| Fwd PE | 7.93 | ||
| P/S | 0.9 | ||
| P/FCF | 2.46 | ||
| P/OCF | 2.35 | ||
| P/B | 1.23 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | 10.59 |
EPS(TTM)1.75
EY7.19%
EPS(NY)3.07
Fwd EY12.61%
FCF(TTM)9.88
FCFY40.58%
OCF(TTM)10.36
OCFY42.56%
SpS27.11
BVpS19.73
TBVpS18.79
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
WACC6.51%
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.