SUBSEA 7 SA (SUBC.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:SUBC - LU0075646355 - Common Stock
220.8 NOK
+2 (+0.91%)
Taking everything into account, SUBC scores 5 out of 10 in our fundamental rating. SUBC was compared to 39 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.
- In the past year SUBC had a positive cash flow from operations.
- SUBC had positive earnings in 4 of the past 5 years.
- SUBC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- SUBC has a Return On Assets (3.46%) which is comparable to the rest of the industry.
- The Return On Equity of SUBC (6.77%) is worse than 64.10% of its industry peers.
- SUBC's Return On Invested Capital of 8.72% is in line compared to the rest of the industry. SUBC outperforms 58.97% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for SUBC is significantly below the industry average of 10.38%.
- 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's Profit Margin of 4.12% is on the low side compared to the rest of the industry. SUBC is outperformed by 66.67% of its industry peers.
- In the last couple of years the Profit Margin of SUBC has grown nicely.
- Looking at the Operating Margin, with a value of 8.25%, SUBC is doing worse than 64.10% of the companies in the same industry.
- SUBC's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 13.02%, SUBC is not doing good in the industry: 64.10% of the companies in the same industry are doing better.
- 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
- 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
- SUBC has a better debt/assets ratio than last year.
2.2 Solvency
- SUBC has an Altman-Z score of 2.33. 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.
- With a decent Altman-Z score value of 2.33, SUBC is doing good in the industry, outperforming 76.92% 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.
- Looking at the Debt to FCF ratio, with a value of 1.20, SUBC belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- A Debt/Equity ratio of 0.15 indicates that SUBC is not too dependend on debt financing.
- SUBC has a Debt to Equity ratio of 0.15. This is in the better half of the industry: SUBC outperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.2 | ||
| Altman-Z | 2.33 |
ROIC/WACC0.94
WACC9.28%
2.3 Liquidity
- A Current Ratio of 1.02 indicates that SUBC should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.02, SUBC is not doing good in the industry: 82.05% of the companies in the same industry are doing better.
- 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.
- Looking at the Quick ratio, with a value of 1.00, SUBC is doing worse than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 77.78% over the past year.
- The Earnings Per Share has been growing by 82.63% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 5.97% in the past year.
- Measured over the past years, SUBC shows a quite strong growth in Revenue. The Revenue has been growing by 13.33% on average per year.
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
- Based on estimates for the next years, SUBC will show a very strong growth in Earnings Per Share. The EPS will grow by 26.76% on average per year.
- Based on estimates for the next years, SUBC will show a small growth in Revenue. The Revenue will grow by 1.85% on average per year.
EPS Next Y124.78%
EPS Next 2Y72.16%
EPS Next 3Y45.95%
EPS Next 5Y26.76%
Revenue Next Year4.83%
Revenue Next 2Y4.05%
Revenue Next 3Y3.36%
Revenue Next 5Y1.85%
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.
- 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
- A Price/Earnings ratio of 22.81 indicates a rather expensive valuation of SUBC.
- Based on the Price/Earnings ratio, SUBC is valued a bit more expensive than 71.79% of the companies in the same industry.
- When comparing the Price/Earnings ratio of SUBC to the average of the S&P500 Index (27.30), we can say SUBC is valued inline with the index average.
- With a Price/Forward Earnings ratio of 11.02, the valuation of SUBC can be described as very reasonable.
- SUBC's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.04. SUBC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.81 | ||
| Fwd PE | 11.02 |
4.2 Price Multiples
- SUBC's Enterprise Value to EBITDA is on the same level as the industry average.
- SUBC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SUBC is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.59 | ||
| EV/EBITDA | 6.01 |
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.
- SUBC's earnings are expected to grow with 45.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y72.16%
EPS Next 3Y45.95%
5. Dividend
5.1 Amount
- SUBC has a Yearly Dividend Yield of 6.21%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.81, SUBC pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.92, SUBC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.21% |
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 92.01% of its income as dividend. This is not a sustainable payout ratio.
DP92.01%
EPS Next 2Y72.16%
EPS Next 3Y45.95%
OSL:SUBC (1/14/2026, 4:19:59 PM)
220.8
+2 (+0.91%)
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 Cap66.15B
Revenue(TTM)6.99B
Net Income(TTM)287.90M
Analysts80
Price Target242.1 (9.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.21% |
Yearly Dividend5.53
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)0%
PT rev (3m)1.81%
EPS NQ rev (1m)9.01%
EPS NQ rev (3m)31.14%
EPS NY rev (1m)1.77%
EPS NY rev (3m)7.87%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)0.78%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.81 | ||
| Fwd PE | 11.02 | ||
| P/S | 0.94 | ||
| P/FCF | 7.59 | ||
| P/OCF | 5.66 | ||
| P/B | 1.54 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 6.01 |
EPS(TTM)9.68
EY4.38%
EPS(NY)20.03
Fwd EY9.07%
FCF(TTM)29.09
FCFY13.18%
OCF(TTM)39.02
OCFY17.67%
SpS235.47
BVpS143.1
TBVpS134.09
PEG (NY)0.18
PEG (5Y)N/A
Graham Number176.54
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 | 2.33 |
F-Score9
WACC9.28%
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 Y124.78%
EPS Next 2Y72.16%
EPS Next 3Y45.95%
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 6 / 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 4 / 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 124.78% 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%.