SUBSEA 7 SA (SUBC.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:SUBC • LU0075646355
245 NOK
-0.4 (-0.16%)
Last: Feb 4, 2026, 04:26 PM
Taking everything into account, SUBC scores 5 out of 10 in our fundamental rating. SUBC was compared to 36 industry peers in the Energy Equipment & Services industry. SUBC has an average financial health and profitability rating. 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.
- In the past year SUBC had a positive cash flow from operations.
- Of the past 5 years SUBC 4 years were profitable.
- SUBC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.46%, SUBC is in line with its industry, outperforming 44.44% of the companies in the same industry.
- SUBC's Return On Equity of 6.77% is on the low side compared to the rest of the industry. SUBC is outperformed by 61.11% of its industry peers.
- SUBC has a better Return On Invested Capital (8.72%) than 61.11% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for SUBC is significantly below the industry average of 10.18%.
- The 3 year average ROIC (3.46%) for SUBC is below the current ROIC(8.72%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.46% | ||
| ROE | 6.77% | ||
| ROIC | 8.72% |
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 (4.12%) than 63.89% of its industry peers.
- In the last couple of years the Profit Margin of SUBC has grown nicely.
- SUBC has a Operating Margin of 8.25%. This is in the lower half of the industry: SUBC underperforms 61.11% of its industry peers.
- In the last couple of years the Operating Margin of SUBC has grown nicely.
- The Gross Margin of SUBC (13.02%) 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 | 8.25% | ||
| PM (TTM) | 4.12% | ||
| GM | 13.02% |
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
- SUBC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, SUBC has less shares outstanding
- The number of shares outstanding for SUBC has been reduced compared to 5 years ago.
- The debt/assets ratio for SUBC has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.49 indicates that SUBC is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.49, SUBC belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
- The Debt to FCF ratio of SUBC is 1.20, which is an excellent value as it means it would take SUBC, only 1.20 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 1.20, SUBC belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- SUBC has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
- SUBC has a better Debt to Equity ratio (0.15) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.2 | ||
| Altman-Z | 2.49 |
ROIC/WACC0.94
WACC9.29%
2.3 Liquidity
- SUBC has a Current Ratio of 1.02. This is a normal value and indicates that SUBC is financially healthy and should not expect problems in meeting its short term obligations.
- SUBC has a worse Current ratio (1.02) than 80.56% of its industry peers.
- SUBC has a Quick Ratio of 1.00. This is a normal value and indicates that SUBC is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of SUBC (1.00) is worse than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
- SUBC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 77.78%, which is quite impressive.
- 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 small growth in Revenue. The Revenue has grown by 5.97% in the last year.
- SUBC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.33% yearly.
EPS 1Y (TTM)77.78%
EPS 3Y82.63%
EPS 5YN/A
EPS Q2Q%22.58%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y10.92%
Revenue growth 5Y13.33%
Sales Q2Q%0.31%
3.2 Future
- The Earnings Per Share is expected to grow by 26.76% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 1.85% on average over the next years.
EPS Next Y129.13%
EPS Next 2Y73.93%
EPS Next 3Y47.2%
EPS Next 5Y26.76%
Revenue Next Year4.83%
Revenue Next 2Y4.05%
Revenue Next 3Y3.36%
Revenue Next 5Y1.85%
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 quite expensively with a Price/Earnings ratio of 26.37.
- SUBC's Price/Earnings ratio is a bit more expensive when compared to the industry. SUBC is more expensive than 69.44% of the companies in the same industry.
- SUBC's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.18.
- SUBC is valuated correctly with a Price/Forward Earnings ratio of 12.49.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of SUBC is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 25.51. SUBC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.37 | ||
| Fwd PE | 12.49 |
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.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SUBC indicates a somewhat cheap valuation: SUBC is cheaper than 63.89% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.78 | ||
| EV/EBITDA | 6.88 |
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 47.20% in the coming years.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y73.93%
EPS Next 3Y47.2%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.35%, SUBC is a good candidate for dividend investing.
- SUBC's Dividend Yield is a higher than the industry average which is at 3.48.
- Compared to an average S&P500 Dividend Yield of 1.83, SUBC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.35% |
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
- 92.01% of the earnings are spent on dividend by SUBC. This is not a sustainable payout ratio.
DP92.01%
EPS Next 2Y73.93%
EPS Next 3Y47.2%
OSL:SUBC (2/4/2026, 4:26:31 PM)
245
-0.4 (-0.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)11-20 2025-11-20/bmo
Earnings (Next)02-26 2026-02-26/amc
Inst Owners55.24%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap73.40B
Revenue(TTM)6.99B
Net Income(TTM)287.90M
Analysts80
Price Target244.99 (0%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.35% |
Yearly Dividend5.22
Dividend Growth(5Y)-2.89%
DP92.01%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.06%
Min EPS beat(2)-15.06%
Max EPS beat(2)17.18%
EPS beat(4)1
Avg EPS beat(4)-27.91%
Min EPS beat(4)-71.13%
Max EPS beat(4)17.18%
EPS beat(8)3
Avg EPS beat(8)20.24%
EPS beat(12)6
Avg EPS beat(12)20.85%
EPS beat(16)8
Avg EPS beat(16)29.54%
Revenue beat(2)0
Avg Revenue beat(2)-5.96%
Min Revenue beat(2)-6.26%
Max Revenue beat(2)-5.67%
Revenue beat(4)2
Avg Revenue beat(4)-1.54%
Min Revenue beat(4)-6.26%
Max Revenue beat(4)4.4%
Revenue beat(8)6
Avg Revenue beat(8)-0.06%
Revenue beat(12)10
Avg Revenue beat(12)2.43%
Revenue beat(16)12
Avg Revenue beat(16)1.81%
PT rev (1m)1.19%
PT rev (3m)2.07%
EPS NQ rev (1m)9.12%
EPS NQ rev (3m)37.89%
EPS NY rev (1m)1.93%
EPS NY rev (3m)9.96%
Revenue NQ rev (1m)1.9%
Revenue NQ rev (3m)2.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.37 | ||
| Fwd PE | 12.49 | ||
| P/S | 1.08 | ||
| P/FCF | 8.78 | ||
| P/OCF | 6.54 | ||
| P/B | 1.78 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 6.88 |
EPS(TTM)9.29
EY3.79%
EPS(NY)19.62
Fwd EY8.01%
FCF(TTM)27.91
FCFY11.39%
OCF(TTM)37.44
OCFY15.28%
SpS225.93
BVpS137.3
TBVpS128.66
PEG (NY)0.2
PEG (5Y)N/A
Graham Number169.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.46% | ||
| ROE | 6.77% | ||
| ROCE | 11.33% | ||
| ROIC | 8.72% | ||
| ROICexc | 8.72% | ||
| ROICexgc | 9.21% | ||
| OM | 8.25% | ||
| PM (TTM) | 4.12% | ||
| GM | 13.02% | ||
| FCFM | 12.35% |
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
ROICexgc growth 3Y56.37%
ROICexgc 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-Score9
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.2 | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | 43.58% | ||
| Cap/Sales | 4.22% | ||
| Interest Coverage | 6.68 | ||
| Cash Conversion | 92.45% | ||
| Profit Quality | 300.1% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 2.49 |
F-Score9
WACC9.29%
ROIC/WACC0.94
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)77.78%
EPS 3Y82.63%
EPS 5YN/A
EPS Q2Q%22.58%
EPS Next Y129.13%
EPS Next 2Y73.93%
EPS Next 3Y47.2%
EPS Next 5Y26.76%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y10.92%
Revenue growth 5Y13.33%
Sales Q2Q%0.31%
Revenue Next Year4.83%
Revenue Next 2Y4.05%
Revenue Next 3Y3.36%
Revenue Next 5Y1.85%
EBIT growth 1Y70.65%
EBIT growth 3Y57.3%
EBIT growth 5Y23.86%
EBIT Next Year217.51%
EBIT Next 3Y53.47%
EBIT Next 5Y29.83%
FCF growth 1Y755.04%
FCF growth 3Y65.58%
FCF growth 5Y42.68%
OCF growth 1Y327.05%
OCF growth 3Y46.69%
OCF growth 5Y21.12%
SUBSEA 7 SA / SUBC.OL FAQ
What is the ChartMill fundamental rating of SUBSEA 7 SA (SUBC.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SUBC.OL.
What is the valuation status of SUBSEA 7 SA (SUBC.OL) stock?
ChartMill assigns a valuation rating of 5 / 10 to SUBSEA 7 SA (SUBC.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for SUBSEA 7 SA?
SUBSEA 7 SA (SUBC.OL) has a profitability rating of 5 / 10.
What is the earnings growth outlook for SUBSEA 7 SA?
The Earnings per Share (EPS) of SUBSEA 7 SA (SUBC.OL) is expected to grow by 129.13% in the next year.
Can you provide the dividend sustainability for SUBC stock?
The dividend rating of SUBSEA 7 SA (SUBC.OL) is 4 / 10 and the dividend payout ratio is 92.01%.