SUBSEA 7 SA (SUBC.OL) Stock Fundamental Analysis
Europe - OSL:SUBC - LU0075646355 - Common Stock
192.6 NOK
-2 (-1.03%)
Overall SUBC gets a fundamental rating of 5 out of 10. We evaluated SUBC against 35 industry peers in the Energy Equipment & Services industry. Both the profitability and the financial health of SUBC get a neutral evaluation. Nothing too spectacular is happening here. SUBC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SUBC was profitable.
SUBC had a positive operating cash flow in the past year.
Of the past 5 years SUBC 4 years were profitable.
In the past 5 years SUBC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of SUBC (3.37%) is comparable to the rest of the industry.
With a Return On Equity value of 6.48%, SUBC is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
SUBC has a Return On Invested Capital (7.83%) which is in line with its industry peers.
SUBC had an Average Return On Invested Capital over the past 3 years of 3.46%. This is significantly below the industry average of 10.46%.
The last Return On Invested Capital (7.83%) for SUBC is above the 3 year average (3.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 6.48% | ||
| ROIC | 7.83% |
ROA(3y)1.21%
ROA(5y)-2.65%
ROE(3y)2.16%
ROE(5y)-3.72%
ROIC(3y)3.46%
ROIC(5y)N/A
1.3 Margins
SUBC has a worse Profit Margin (3.84%) than 60.00% of its industry peers.
SUBC's Profit Margin has improved in the last couple of years.
SUBC's Operating Margin of 7.32% is on the low side compared to the rest of the industry. SUBC is outperformed by 65.71% of its industry peers.
In the last couple of years the Operating Margin of SUBC has grown nicely.
SUBC has a Gross Margin (12.07%) which is comparable to the rest of the industry.
SUBC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.32% | ||
| PM (TTM) | 3.84% | ||
| GM | 12.07% |
OM growth 3Y41.82%
OM growth 5Y9.29%
PM growth 3Y66.8%
PM growth 5YN/A
GM growth 3Y15.93%
GM growth 5Y-1.33%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SUBC is destroying value.
SUBC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SUBC has less shares outstanding
Compared to 1 year ago, SUBC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.27 indicates that SUBC is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.27, SUBC is doing good in the industry, outperforming 77.14% of the companies in the same industry.
SUBC has a debt to FCF ratio of 1.28. This is a very positive value and a sign of high solvency as it would only need 1.28 years to pay back of all of its debts.
SUBC's Debt to FCF ratio of 1.28 is amongst the best of the industry. SUBC outperforms 85.71% of its industry peers.
SUBC has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
SUBC has a better Debt to Equity ratio (0.17) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 2.27 |
ROIC/WACC0.85
WACC9.22%
2.3 Liquidity
SUBC has a Current Ratio of 0.97. This is a bad value and indicates that SUBC is not financially healthy enough and could expect problems in meeting its short term obligations.
SUBC has a worse Current ratio (0.97) than 77.14% of its industry peers.
A Quick Ratio of 0.95 indicates that SUBC may have some problems paying its short term obligations.
SUBC's Quick ratio of 0.95 is on the low side compared to the rest of the industry. SUBC is outperformed by 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 161.76% over the past year.
SUBC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 82.63% yearly.
The Revenue has grown by 10.15% in the past year. This is quite good.
The Revenue has been growing by 13.33% on average over the past years. This is quite good.
EPS 1Y (TTM)161.76%
EPS 3Y82.63%
EPS 5YN/A
EPS Q2Q%125%
Revenue 1Y (TTM)10.15%
Revenue growth 3Y10.92%
Revenue growth 5Y13.33%
Sales Q2Q%0.97%
3.2 Future
The Earnings Per Share is expected to grow by 18.27% on average over the next years. This is quite good.
Based on estimates for the next years, SUBC will show a small growth in Revenue. The Revenue will grow by 0.37% on average per year.
EPS Next Y108.38%
EPS Next 2Y62.7%
EPS Next 3Y41.93%
EPS Next 5Y18.27%
Revenue Next Year5.35%
Revenue Next 2Y3.95%
Revenue Next 3Y3.09%
Revenue Next 5Y0.37%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 21.50, which indicates a rather expensive current valuation of SUBC.
Compared to the rest of the industry, the Price/Earnings ratio of SUBC indicates a slightly more expensive valuation: SUBC is more expensive than 62.86% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.31, SUBC is valued a bit cheaper.
SUBC is valuated reasonably with a Price/Forward Earnings ratio of 10.78.
68.57% of the companies in the same industry are cheaper than SUBC, based on the Price/Forward Earnings ratio.
SUBC is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.5 | ||
| Fwd PE | 10.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SUBC is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, SUBC is valued a bit cheaper than the industry average as 65.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.75 | ||
| EV/EBITDA | 5.52 |
4.3 Compensation for Growth
SUBC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SUBC's earnings are expected to grow with 41.93% in the coming years.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y62.7%
EPS Next 3Y41.93%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.16%, SUBC is a good candidate for dividend investing.
SUBC's Dividend Yield is a higher than the industry average which is at 7.09.
SUBC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.16% |
5.2 History
The dividend of SUBC decreases each year by -2.89%.
Dividend Growth(5Y)-2.89%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
98.70% of the earnings are spent on dividend by SUBC. This is not a sustainable payout ratio.
DP98.7%
EPS Next 2Y62.7%
EPS Next 3Y41.93%
OSL:SUBC (10/17/2025, 9:27:34 AM)
192.6
-2 (-1.03%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners56.84%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap57.70B
Analysts80
Price Target237.79 (23.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.16% |
Yearly Dividend5.52
Dividend Growth(5Y)-2.89%
DP98.7%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-12.72%
Min EPS beat(2)-42.61%
Max EPS beat(2)17.18%
EPS beat(4)2
Avg EPS beat(4)-16.16%
Min EPS beat(4)-71.13%
Max EPS beat(4)31.92%
EPS beat(8)4
Avg EPS beat(8)23.26%
EPS beat(12)6
Avg EPS beat(12)14.84%
EPS beat(16)9
Avg EPS beat(16)32.37%
Revenue beat(2)1
Avg Revenue beat(2)-0.93%
Min Revenue beat(2)-6.26%
Max Revenue beat(2)4.4%
Revenue beat(4)3
Avg Revenue beat(4)0.15%
Min Revenue beat(4)-6.26%
Max Revenue beat(4)4.4%
Revenue beat(8)7
Avg Revenue beat(8)0.94%
Revenue beat(12)11
Avg Revenue beat(12)2.96%
Revenue beat(16)13
Avg Revenue beat(16)2.43%
PT rev (1m)-1.79%
PT rev (3m)3.72%
EPS NQ rev (1m)3.04%
EPS NQ rev (3m)6.21%
EPS NY rev (1m)2%
EPS NY rev (3m)1.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.52%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.5 | ||
| Fwd PE | 10.78 | ||
| P/S | 0.82 | ||
| P/FCF | 6.75 | ||
| P/OCF | 4.67 | ||
| P/B | 1.38 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | 5.52 |
EPS(TTM)8.96
EY4.65%
EPS(NY)17.87
Fwd EY9.28%
FCF(TTM)28.52
FCFY14.81%
OCF(TTM)41.28
OCFY21.43%
SpS234.94
BVpS139.24
TBVpS130.32
PEG (NY)0.2
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 6.48% | ||
| ROCE | 10.17% | ||
| ROIC | 7.83% | ||
| ROICexc | 8.53% | ||
| ROICexgc | 9.05% | ||
| OM | 7.32% | ||
| PM (TTM) | 3.84% | ||
| GM | 12.07% | ||
| FCFM | 12.14% |
ROA(3y)1.21%
ROA(5y)-2.65%
ROE(3y)2.16%
ROE(5y)-3.72%
ROIC(3y)3.46%
ROIC(5y)N/A
ROICexc(3y)3.93%
ROICexc(5y)N/A
ROICexgc(3y)4.16%
ROICexgc(5y)N/A
ROCE(3y)4.5%
ROCE(5y)N/A
ROICexcg growth 3Y56.37%
ROICexcg growth 5Y26.11%
ROICexc growth 3Y55.98%
ROICexc growth 5Y28.26%
OM growth 3Y41.82%
OM growth 5Y9.29%
PM growth 3Y66.8%
PM growth 5YN/A
GM growth 3Y15.93%
GM growth 5Y-1.33%
F-Score8
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.28 | ||
| Debt/EBITDA | 0.6 | ||
| Cap/Depr | 57.52% | ||
| Cap/Sales | 5.43% | ||
| Interest Coverage | 5.48 | ||
| Cash Conversion | 104.8% | ||
| Profit Quality | 316.18% | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 2.27 |
F-Score8
WACC9.22%
ROIC/WACC0.85
Cap/Depr(3y)71.19%
Cap/Depr(5y)58.47%
Cap/Sales(3y)6.45%
Cap/Sales(5y)5.59%
Profit Quality(3y)408.37%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)161.76%
EPS 3Y82.63%
EPS 5YN/A
EPS Q2Q%125%
EPS Next Y108.38%
EPS Next 2Y62.7%
EPS Next 3Y41.93%
EPS Next 5Y18.27%
Revenue 1Y (TTM)10.15%
Revenue growth 3Y10.92%
Revenue growth 5Y13.33%
Sales Q2Q%0.97%
Revenue Next Year5.35%
Revenue Next 2Y3.95%
Revenue Next 3Y3.09%
Revenue Next 5Y0.37%
EBIT growth 1Y105.3%
EBIT growth 3Y57.3%
EBIT growth 5Y23.86%
EBIT Next Year205.11%
EBIT Next 3Y51.72%
EBIT Next 5Y30.4%
FCF growth 1Y479.89%
FCF growth 3Y65.58%
FCF growth 5Y42.68%
OCF growth 1Y538.15%
OCF growth 3Y46.69%
OCF growth 5Y21.12%