SBM Offshore N.V. Logo

SBM Offshore N.V.

SBMO.AS

(3.5)
Stock Price

17,25 EUR

2.88% ROA

13.58% ROE

6.84x PER

Market Cap.

3.303.441.500,13 EUR

248.86% DER

4.98% Yield

9.9% NPM

SBM Offshore N.V. Stock Analysis

SBM Offshore N.V. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

SBM Offshore N.V. Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

2 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

3 ROE

The stock's ROE exceeds expectations (15.06%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

4 PBV

The stock's low PBV ratio (0.7x) suggests it's undervalued, making it an attractive opportunity for investors.

5 Revenue Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

6 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (148) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 ROA

The stock's ROA (2.85%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

9 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 DER

The stock is burdened with a heavy load of debt (252%), making it financially unstable and potentially risky for investors.

SBM Offshore N.V. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

SBM Offshore N.V. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

SBM Offshore N.V. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

SBM Offshore N.V. Revenue
Year Revenue Growth
2002 929.508.000
2003 1.848.656.000 49.72%
2004 1.068.708.000 -72.98%
2005 1.519.340.000 29.66%
2006 1.989.689.000 23.64%
2007 2.871.214.000 30.7%
2008 3.060.276.000 6.18%
2009 2.956.545.000 -3.51%
2010 3.055.761.000 3.25%
2011 3.156.826.000 3.2%
2012 3.695.223.000 14.57%
2013 4.803.000.000 23.06%
2014 5.482.000.000 12.39%
2015 2.705.000.000 -102.66%
2016 2.272.000.000 -19.06%
2017 1.861.000.000 -22.08%
2018 2.240.000.000 16.92%
2019 0 0%
2019 3.391.000.000 100%
2020 3.496.000.000 3%
2021 3.748.000.000 6.72%
2022 4.913.000.000 23.71%
2023 10.048.000.000 51.1%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

SBM Offshore N.V. Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 20.659.000 100%
2011 50.408.000 59.02%
2012 25.349.000 -98.86%
2013 23.000.000 -10.21%
2014 40.000.000 42.5%
2015 43.000.000 6.98%
2016 29.000.000 -48.28%
2017 33.000.000 12.12%
2018 23.000.000 -43.48%
2019 0 0%
2019 24.000.000 100%
2020 24.000.000 0%
2021 29.000.000 17.24%
2022 35.000.000 17.14%
2023 80.000.000 56.25%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

SBM Offshore N.V. General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 1.786.199.000
2003 1.923.061.000 7.12%
2004 15.579.000 -12243.93%
2005 30.619.000 49.12%
2006 32.526.000 5.86%
2007 76.496.000 57.48%
2008 90.022.000 15.03%
2009 137.174.000 34.37%
2010 85.977.000 -59.55%
2011 84.435.000 -1.83%
2012 128.770.000 34.43%
2013 161.000.000 20.02%
2014 220.000.000 26.82%
2015 196.000.000 -12.24%
2016 142.000.000 -38.03%
2017 132.000.000 -7.58%
2018 122.000.000 -8.2%
2019 0 0%
2019 128.000.000 100%
2020 143.000.000 10.49%
2021 146.000.000 2.05%
2022 154.000.000 5.19%
2023 404.000.000 61.88%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

SBM Offshore N.V. EBITDA
Year EBITDA Growth
2002 -863.056.000
2003 -109.893.000 -685.36%
2004 151.877.000 172.36%
2005 281.055.000 45.96%
2006 271.058.000 -3.69%
2007 302.015.000 10.25%
2008 340.340.000 11.26%
2009 250.932.000 -35.63%
2010 382.135.000 34.33%
2011 -327.421.000 216.71%
2012 -62.884.000 -420.67%
2013 282.000.000 122.3%
2014 1.043.000.000 72.96%
2015 605.000.000 -72.4%
2016 839.000.000 27.89%
2017 269.000.000 -211.9%
2018 615.000.000 56.26%
2019 0 0%
2019 1.053.000.000 100%
2020 1.033.000.000 -1.94%
2021 929.000.000 -11.19%
2022 1.107.000.000 16.08%
2023 2.504.000.000 55.79%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

SBM Offshore N.V. Gross Profit
Year Gross Profit Growth
2002 929.508.000
2003 1.848.656.000 49.72%
2004 243.043.000 -660.63%
2005 362.688.000 32.99%
2006 370.158.000 2.02%
2007 435.590.000 15.02%
2008 413.616.000 -5.31%
2009 452.334.000 8.56%
2010 511.414.000 11.55%
2011 -160.948.000 417.75%
2012 123.568.000 230.25%
2013 484.000.000 74.47%
2014 1.217.000.000 60.23%
2015 841.000.000 -44.71%
2016 838.000.000 -0.36%
2017 797.000.000 -5.14%
2018 803.000.000 0.75%
2019 0 0%
2019 934.000.000 100%
2020 889.000.000 -5.06%
2021 922.000.000 3.58%
2022 1.182.000.000 22%
2023 2.968.000.000 60.18%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

SBM Offshore N.V. Net Profit
Year Net Profit Growth
2002 77.392.000
2003 46.609.000 -66.05%
2004 28.807.000 -61.8%
2005 225.682.000 87.24%
2006 216.241.000 -4.37%
2007 266.766.000 18.94%
2008 227.875.000 -17.07%
2009 229.981.000 0.92%
2010 276.011.000 16.68%
2011 -440.614.000 162.64%
2012 -79.488.000 -454.32%
2013 111.000.000 171.61%
2014 575.000.000 80.7%
2015 29.000.000 -1882.76%
2016 182.000.000 84.07%
2017 -155.000.000 217.42%
2018 212.000.000 173.11%
2019 0 0%
2019 511.000.000 100%
2020 328.000.000 -55.79%
2021 400.000.000 18%
2022 450.000.000 11.11%
2023 1.248.000.000 63.94%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

SBM Offshore N.V. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 1
2003 0 0%
2004 0 0%
2005 0 0%
2006 2 100%
2007 2 0%
2008 2 0%
2009 1 0%
2010 1 0%
2011 -3 150%
2012 0 0%
2013 1 0%
2014 3 100%
2015 0 0%
2016 1 0%
2017 -1 0%
2018 1 100%
2019 0 0%
2019 3 100%
2020 2 -100%
2021 2 50%
2022 3 0%
2023 7 66.67%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

SBM Offshore N.V. Free Cashflow
Year Free Cashflow Growth
2002 -542.822.000
2003 -222.257.000 -144.23%
2004 -205.975.000 -7.9%
2005 374.797.000 154.96%
2006 244.825.000 -53.09%
2007 -228.060.000 207.35%
2008 -422.809.000 46.06%
2009 -192.493.000 -119.65%
2010 -217.864.000 11.65%
2011 1.151.847.000 118.91%
2012 500.023.000 -130.36%
2013 287.000.000 -74.22%
2014 -1.421.000.000 120.2%
2015 -558.000.000 -154.66%
2016 472.000.000 218.22%
2017 911.000.000 48.19%
2018 1.599.000.000 43.03%
2019 -260.000.000 715%
2020 -198.000.000 -31.31%
2021 -818.000.000 75.79%
2022 -1.131.000.000 27.67%
2023 706.000.000 260.2%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

SBM Offshore N.V. Operating Cashflow
Year Operating Cashflow Growth
2002 145.773.000
2003 296.577.000 50.85%
2004 41.123.000 -621.19%
2005 771.431.000 94.67%
2006 543.583.000 -41.92%
2007 331.062.000 -64.19%
2008 576.978.000 42.62%
2009 459.220.000 -25.64%
2010 293.540.000 -56.44%
2011 1.157.604.000 74.64%
2012 1.143.470.000 -1.24%
2013 472.000.000 -142.26%
2014 -1.356.000.000 134.81%
2015 -536.000.000 -152.99%
2016 486.000.000 210.29%
2017 955.000.000 49.11%
2018 1.647.000.000 42.02%
2019 -221.000.000 845.25%
2020 -128.000.000 -72.66%
2021 -757.000.000 83.09%
2022 -1.049.000.000 27.84%
2023 749.000.000 240.05%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

SBM Offshore N.V. Capital Expenditure
Year Capital Expenditure Growth
2002 688.595.000
2003 518.834.000 -32.72%
2004 247.098.000 -109.97%
2005 396.634.000 37.7%
2006 298.758.000 -32.76%
2007 559.122.000 46.57%
2008 999.787.000 44.08%
2009 651.713.000 -53.41%
2010 511.404.000 -27.44%
2011 5.757.000 -8783.17%
2012 643.447.000 99.11%
2013 185.000.000 -247.81%
2014 65.000.000 -184.62%
2015 22.000.000 -195.45%
2016 14.000.000 -57.14%
2017 44.000.000 68.18%
2018 48.000.000 8.33%
2019 39.000.000 -23.08%
2020 70.000.000 44.29%
2021 61.000.000 -14.75%
2022 82.000.000 25.61%
2023 43.000.000 -90.7%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

SBM Offshore N.V. Equity
Year Equity Growth
2002 679.878.000
2003 710.534.000 4.31%
2004 662.593.000 -7.24%
2005 895.336.000 26%
2006 1.119.023.000 19.99%
2007 1.337.734.000 16.35%
2008 1.240.935.000 -7.8%
2009 1.816.832.000 31.7%
2010 2.123.405.000 14.44%
2011 1.349.031.000 -57.4%
2012 1.539.799.000 12.39%
2013 2.135.000.000 27.88%
2014 3.149.000.000 32.2%
2015 3.466.000.000 9.15%
2016 3.512.000.000 1.31%
2017 3.559.000.000 1.32%
2018 3.612.000.000 1.47%
2019 3.613.000.000 0.03%
2020 3.461.000.000 -4.39%
2021 3.536.000.000 2.12%
2022 4.914.000.000 28.04%
2023 5.530.000.000 11.14%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

SBM Offshore N.V. Assets
Year Assets Growth
2002 2.289.008.000
2003 2.786.416.000 17.85%
2004 2.615.110.000 -6.55%
2005 2.469.101.000 -5.91%
2006 2.940.336.000 16.03%
2007 3.634.622.000 19.1%
2008 4.344.994.000 16.35%
2009 4.658.481.000 6.73%
2010 5.090.987.000 8.5%
2011 5.290.061.000 3.76%
2012 6.335.388.000 16.5%
2013 7.118.000.000 10.99%
2014 11.118.000.000 35.98%
2015 11.340.000.000 1.96%
2016 11.488.000.000 1.29%
2017 11.007.000.000 -4.37%
2018 9.992.000.000 -10.16%
2019 10.287.000.000 2.87%
2020 11.085.000.000 7.2%
2021 13.211.000.000 16.09%
2022 15.889.000.000 16.85%
2023 17.176.000.000 7.49%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

SBM Offshore N.V. Liabilities
Year Liabilities Growth
2002 1.606.108.000
2003 2.073.145.000 22.53%
2004 1.952.517.000 -6.18%
2005 1.573.765.000 -24.07%
2006 1.821.313.000 13.59%
2007 2.296.888.000 20.71%
2008 3.104.059.000 26%
2009 2.841.649.000 -9.23%
2010 2.967.582.000 4.24%
2011 3.941.030.000 24.7%
2012 4.795.589.000 17.82%
2013 4.983.000.000 3.76%
2014 7.969.000.000 37.47%
2015 7.874.000.000 -1.21%
2016 7.976.000.000 1.28%
2017 7.448.000.000 -7.09%
2018 6.380.000.000 -16.74%
2019 6.674.000.000 4.41%
2020 7.624.000.000 12.46%
2021 9.675.000.000 21.2%
2022 10.975.000.000 11.85%
2023 11.646.000.000 5.76%

SBM Offshore N.V. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
27.36
Net Income per Share
2.71
Price to Earning Ratio
6.84x
Price To Sales Ratio
0.67x
POCF Ratio
-19.87
PFCF Ratio
-11.12
Price to Book Ratio
0.9
EV to Sales
2.43
EV Over EBITDA
9.89
EV to Operating CashFlow
-71.3
EV to FreeCashFlow
-40.57
Earnings Yield
0.15
FreeCashFlow Yield
-0.09
Market Cap
3,30 Bil.
Enterprise Value
12,05 Bil.
Graham Number
35.4
Graham NetNet
-27.99

Income Statement Metrics

Net Income per Share
2.71
Income Quality
-0.34
ROE
0.14
Return On Assets
0.03
Return On Capital Employed
0.08
Net Income per EBT
0.83
EBT Per Ebit
0.5
Ebit per Revenue
0.24
Effective Tax Rate
0.28

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.29
Operating Profit Margin
0.24
Pretax Profit Margin
0.12
Net Profit Margin
0.1

Dividends

Dividend Yield
0.05
Dividend Yield %
4.98
Payout Ratio
0.4
Dividend Per Share
0.77

Operating Metrics

Operating Cashflow per Share
-0.93
Free CashFlow per Share
-1.64
Capex to Operating CashFlow
-0.76
Capex to Revenue
0.03
Capex to Depreciation
2.29
Return on Invested Capital
0.07
Return on Tangible Assets
0.03
Days Sales Outstanding
583.69
Days Payables Outstanding
26.17
Days of Inventory on Hand
15.25
Receivables Turnover
0.63
Payables Turnover
13.95
Inventory Turnover
23.94
Capex per Share
0.71

Balance Sheet

Cash per Share
2,99
Book Value per Share
30,49
Tangible Book Value per Share
29.64
Shareholders Equity per Share
20.58
Interest Debt per Share
51.22
Debt to Equity
2.49
Debt to Assets
0.54
Net Debt to EBITDA
7.18
Current Ratio
3.36
Tangible Asset Value
5,38 Bil.
Net Current Asset Value
-2,23 Bil.
Invested Capital
7156000000
Working Capital
6,62 Bil.
Intangibles to Total Assets
0.01
Average Receivables
8,93 Bil.
Average Payables
0,75 Bil.
Average Inventory
118500000
Debt to Market Cap
2.81

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

SBM Offshore N.V. Dividends
Year Dividends Growth
2004 1
2005 1 0%
2006 3 50%
2007 1 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 0%
2022 1 100%
2023 1 0%
2024 1 0%

SBM Offshore N.V. Profile

About SBM Offshore N.V.

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. The company operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg platforms, liquefied natural gas (LNG) FPSOs, turret mooring systems, LNG regasification to power vessels, floating offshore wind, and brownfield and offshore loading terminals. The company also provides catenary anchor leg mooring (CALM) or single point mooring (SPM) terminal; as well as provides solutions for floating unit mooring, flexible flowline, and subsea structure installation works. As of December 31, 2021, it operated a fleet of 14 FPSOs and 1 semi-submersible unit. The company was formerly known as IHC Caland and changed its name to SBM Offshore N.V. in 2005. SBM Offshore N.V. was founded in 1862 and is headquartered in Schiphol, the Netherlands.

CEO
Mr. Oivind Tangen
Employee
5.816
Address
Evert van de Beekstraat 1-77
Schiphol, 1118 CL

SBM Offshore N.V. Executives & BODs

SBM Offshore N.V. Executives & BODs
# Name Age
1 Mr. Alexander Glenn
Chief Operating Officer
70
2 Mr. Bert-Jaap Dijkstra
Group Treasurer & Investor Relations
70
3 Ms. Evelyn Tachau-Brown
Group Communications Director
70
4 Mr. Oivind Tangen
Chief Executive Officer & Chair of the Management Board
70
5 Ms. Lilia Alexander
Group General Counsel & Chief Compliance Officer
70
6 Mr. Stein Rasmussen
Group HSSEQ & Sustainability Director
70
7 Ms. Anne Guerin-Moens
Group Human Resources Director
70
8 Mr. Jean-Charles Rinaldi
Sales & Marketing Director
70
9 Mr. Douglas H. M. Wood
Chief Financial Officer & Member of Management Board
70
10 Mr. Olivier Icyk
Chief Business Officer
70

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