SUBSEA 7 SA (SUBC.OL) Stock Fundamental Analysis
Europe - OSL:SUBC - LU0075646355 - Common Stock
201.2 NOK
-0.4 (-0.2%)
Taking everything into account, SUBC scores 5 out of 10 in our fundamental rating. SUBC was compared to 37 industry peers in the Energy Equipment & Services industry. SUBC has only an average score on both its financial health and profitability. SUBC has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years SUBC had a positive operating cash flow.
1.2 Ratios
SUBC's Return On Assets of 3.37% is in line compared to the rest of the industry. SUBC outperforms 43.24% of its industry peers.
SUBC has a worse Return On Equity (6.48%) than 67.57% of its industry peers.
The Return On Invested Capital of SUBC (7.83%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for SUBC is significantly below the industry average of 11.43%.
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
Looking at the Profit Margin, with a value of 3.84%, SUBC is doing worse than 70.27% of the companies in the same industry.
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 67.57% of its industry peers.
SUBC's Operating Margin has improved in the last couple of years.
SUBC's Gross Margin of 12.07% is in line compared to the rest of the industry. SUBC outperforms 43.24% of its industry peers.
In the last couple of years the Gross Margin of SUBC has remained more or less at the same level.
| 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.
Compared to 1 year ago, SUBC has less shares outstanding
Compared to 5 years ago, SUBC has less shares outstanding
SUBC has a better debt/assets ratio than last year.
2.2 Solvency
SUBC has an Altman-Z score of 2.32. This is not the best score and indicates that SUBC is in the grey zone with still only limited risk for bankruptcy at the moment.
SUBC has a better Altman-Z score (2.32) than 72.97% of its industry peers.
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 81.08% of its industry peers.
A Debt/Equity ratio of 0.17 indicates that SUBC is not too dependend on debt financing.
The Debt to Equity ratio of SUBC (0.17) is better than 81.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.28 | ||
| Altman-Z | 2.32 |
ROIC/WACC0.85
WACC9.18%
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.
The Current ratio of SUBC (0.97) is worse than 72.97% of its industry peers.
SUBC has a Quick 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.
With a Quick ratio value of 0.95, SUBC is not doing good in the industry: 70.27% of the companies in the same industry are doing better.
| 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.
Measured over the past years, SUBC shows a very strong growth in Earnings Per Share. The EPS has been growing by 82.63% on average per year.
Looking at the last year, SUBC shows a quite strong growth in Revenue. The Revenue has grown by 10.15% in the last year.
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.
The Revenue is expected to grow by 0.37% on average over the next years.
EPS Next Y104.3%
EPS Next 2Y64.32%
EPS Next 3Y43%
EPS Next 5Y18.27%
Revenue Next Year5.51%
Revenue Next 2Y4.07%
Revenue Next 3Y3.27%
Revenue Next 5Y0.37%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
SUBC is valuated rather expensively with a Price/Earnings ratio of 22.86.
Based on the Price/Earnings ratio, SUBC is valued a bit more expensive than the industry average as 67.57% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 27.27, SUBC is valued at the same level.
Based on the Price/Forward Earnings ratio of 11.25, the valuation of SUBC can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SUBC indicates a slightly more expensive valuation: SUBC is more expensive than 64.86% of the companies listed in the same industry.
SUBC is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.86 | ||
| Fwd PE | 11.25 |
4.2 Price Multiples
SUBC's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, SUBC is valued a bit cheaper than 67.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.19 | ||
| EV/EBITDA | 5.79 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SUBC's earnings are expected to grow with 43.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y64.32%
EPS Next 3Y43%
5. Dividend
5.1 Amount
SUBC has a Yearly Dividend Yield of 6.40%, which is a nice return.
SUBC's Dividend Yield is a higher than the industry average which is at 6.75.
Compared to an average S&P500 Dividend Yield of 2.38, SUBC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.4% |
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
SUBC pays out 98.70% of its income as dividend. This is not a sustainable payout ratio.
DP98.7%
EPS Next 2Y64.32%
EPS Next 3Y43%
OSL:SUBC (9/15/2025, 7:00:00 PM)
201.2
-0.4 (-0.2%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners53.3%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap60.28B
Analysts80.87
Price Target242.12 (20.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.4% |
Yearly Dividend5.4
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)0.63%
PT rev (3m)5.75%
EPS NQ rev (1m)0.64%
EPS NQ rev (3m)19.84%
EPS NY rev (1m)-0.53%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)11.33%
Revenue NY rev (1m)-0.29%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.86 | ||
| Fwd PE | 11.25 | ||
| P/S | 0.87 | ||
| P/FCF | 7.19 | ||
| P/OCF | 4.97 | ||
| P/B | 1.47 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 5.79 |
EPS(TTM)8.8
EY4.37%
EPS(NY)17.89
Fwd EY8.89%
FCF(TTM)27.99
FCFY13.91%
OCF(TTM)40.51
OCFY20.14%
SpS230.58
BVpS136.66
TBVpS127.9
PEG (NY)0.22
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 | 2.32 |
F-Score8
WACC9.18%
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 Y104.3%
EPS Next 2Y64.32%
EPS Next 3Y43%
EPS Next 5Y18.27%
Revenue 1Y (TTM)10.15%
Revenue growth 3Y10.92%
Revenue growth 5Y13.33%
Sales Q2Q%0.97%
Revenue Next Year5.51%
Revenue Next 2Y4.07%
Revenue Next 3Y3.27%
Revenue Next 5Y0.37%
EBIT growth 1Y105.3%
EBIT growth 3Y57.3%
EBIT growth 5Y23.86%
EBIT Next Year200.76%
EBIT Next 3Y50.93%
EBIT Next 5Y26.17%
FCF growth 1Y479.89%
FCF growth 3Y65.58%
FCF growth 5Y42.68%
OCF growth 1Y538.15%
OCF growth 3Y46.69%
OCF growth 5Y21.12%