(SBMO) SBM Offshore - Overview
Sector: EnergyIndustry: Oil & Gas Equipment & Services | Exchange AS (Netherlands) | Currency EUR | Market Cap: 6.703m | Total Return 83.6% in 12m
Stock: Floating Vessels, Mooring Systems, Offshore Energy, Floating Wind
Total Rating 72
Risk 86
Buy Signal 1.03
| Risk 5d forecast | |
|---|---|
| Volatility | 25.0% |
| Relative Tail Risk | -5.99% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.42 |
| Alpha | 81.58 |
| Character TTM | |
|---|---|
| Beta | 0.415 |
| Beta Downside | -0.042 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.68% |
| CAGR/Max DD | 2.14 |
Description: SBMO SBM Offshore March 05, 2026
SBM Offshore N.V. (SBMO) is a Dutch company specializing in floating production solutions for the offshore energy industry. The company operates in two segments: Lease and Operate, and Turnkey.
SBMOs core business involves the full lifecycle management of Floating Production Storage and Offloading (FPSO) vessels. FPSOs are crucial assets in deepwater oil and gas production, acting as offshore processing facilities and storage units. The company also provides various other offshore solutions, including mooring systems, floating offshore wind infrastructure, and digital services.
As of the description, SBMO owns and operates a fleet of 14 FPSOs and one semi-submersible unit. The companys business model involves both leasing out these assets and providing turnkey solutions, where they design, build, and deliver complete operational systems. For more detailed insights into SBMOs operational performance and market position, consider exploring its financials on ValueRay.
Headlines to watch out for
- Oil and gas prices impact FPSO lease rates
- Offshore energy project approvals drive Turnkey segment
- Vessel operating costs affect Lease and Operate profitability
- Global energy transition influences new project pipeline
- Regulatory changes for offshore operations create compliance costs
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 1.08b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 19.53 > 1.0 |
| NWC/Revenue: 19.46% < 20% (prev 88.62%; Δ -69.16% < -1%) |
| CFO/TA 0.14 > 3% & CFO 2.48b > Net Income 1.08b |
| Net Debt (8.17b) to EBITDA (3.05b): 2.68 < 3 |
| Current Ratio: 1.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (175.3m) vs 12m ago -3.41% < -2% |
| Gross Margin: 29.50% > 18% (prev 0.26%; Δ 2.92k% > 0.5%) |
| Asset Turnover: 60.72% > 50% (prev 43.49%; Δ 17.23% > 0%) |
| Interest Coverage Ratio: 1.92 > 6 (EBITDA TTM 3.05b / Interest Expense TTM 1.52b) |
Altman Z'' 2.74
| A: 0.12 (Total Current Assets 6.80b - Total Current Liabilities 4.71b) / Total Assets 18.10b |
| B: 0.17 (Retained Earnings 3.13b / Total Assets 18.10b) |
| C: 0.17 (EBIT TTM 2.92b / Avg Total Assets 17.64b) |
| D: 0.30 (Book Value of Equity 3.46b / Total Liabilities 11.62b) |
| Altman-Z'' Score: 2.74 = A |
Beneish M -3.11
| DSRI: 0.44 (Receivables 4.98b/7.93b, Revenue 10.71b/7.47b) |
| GMI: 0.89 (GM 29.50% / 26.38%) |
| AQI: 1.42 (AQ_t 0.61 / AQ_t-1 0.43) |
| SGI: 1.43 (Revenue 10.71b / 7.47b) |
| TATA: -0.08 (NI 1.08b - CFO 2.48b) / TA 18.10b) |
| Beneish M-Score: -3.11 (Cap -4..+1) = AA |
What is the price of SBMO shares?
As of March 27, 2026, the stock is trading at EUR 35.42 with a total of 404,819 shares traded.
Over the past week, the price has changed by +2.79%, over one month by +9.32%, over three months by +44.57% and over the past year by +83.57%.
Over the past week, the price has changed by +2.79%, over one month by +9.32%, over three months by +44.57% and over the past year by +83.57%.
Is SBMO a buy, sell or hold?
SBM Offshore has no consensus analysts rating.
What are the forecasts/targets for the SBMO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 37.3 | 5.3% |
| Analysts Target Price | - | - |
SBMO Fundamental Data Overview March 26, 2026
Market Cap USD = 6.70b (5.80b EUR * 1.1562 EUR.USD)
Market Cap USD = 6.70b (5.80b EUR * 1.1562 EUR.USD)
P/E Trailing = 7.6593
P/E Forward = 13.2979
P/S = 0.9821
P/B = 1.4549
P/EG = 0.2321
Revenue TTM = 10.71b USD
EBIT TTM = 2.92b USD
EBITDA TTM = 3.05b USD
Long Term Debt = 6.49b USD (from longTermDebt, last quarter)
Short Term Debt = 2.57b USD (from shortTermDebt, last quarter)
Debt = 9.25b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.17b USD (from netDebt column, last quarter)
Enterprise Value = 14.87b USD (6.70b + Debt 9.25b - CCE 1.09b)
Interest Coverage Ratio = 1.92 (Ebit TTM 2.92b / Interest Expense TTM 1.52b)
EV/FCF = 6.37x (Enterprise Value 14.87b / FCF TTM 2.33b)
FCF Yield = 15.69% (FCF TTM 2.33b / Enterprise Value 14.87b)
FCF Margin = 21.79% (FCF TTM 2.33b / Revenue TTM 10.71b)
Net Margin = 10.05% (Net Income TTM 1.08b / Revenue TTM 10.71b)
Gross Margin = 29.50% ((Revenue TTM 10.71b - Cost of Revenue TTM 7.55b) / Revenue TTM)
Gross Margin QoQ = 38.20% (prev 29.89%)
Tobins Q-Ratio = 0.82 (Enterprise Value 14.87b / Total Assets 18.10b)
Interest Expense / Debt = 4.17% (Interest Expense 385.7m / Debt 9.25b)
Taxrate = 6.49% (49.4m / 760.4m)
NOPAT = 2.73b (EBIT 2.92b * (1 - 6.49%))
Current Ratio = 1.44 (Total Current Assets 6.80b / Total Current Liabilities 4.71b)
Debt / Equity = 2.10 (Debt 9.25b / totalStockholderEquity, last quarter 4.41b)
Debt / EBITDA = 2.68 (Net Debt 8.17b / EBITDA 3.05b)
Debt / FCF = 3.50 (Net Debt 8.17b / FCF TTM 2.33b)
Total Stockholder Equity = 3.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.10% (Net Income 1.08b / Total Assets 18.10b)
RoE = 27.45% (Net Income TTM 1.08b / Total Stockholder Equity 3.92b)
RoCE = 28.01% (EBIT 2.92b / Capital Employed (Equity 3.92b + L.T.Debt 6.49b))
RoIC = 20.79% (NOPAT 2.73b / Invested Capital 13.12b)
WACC = 5.39% (E(6.70b)/V(15.96b) * Re(7.44%) + D(9.25b)/V(15.96b) * Rd(4.17%) * (1-Tc(0.06)))
Discount Rate = 7.44% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -1.72%
[DCF] Terminal Value 86.39% ; FCFF base≈2.33b ; Y1≈2.35b ; Y5≈2.51b
[DCF] Fair Price = 396.9 (EV 74.62b - Net Debt 8.17b = Equity 66.46b / Shares 167.5m; r=6.0% [WACC]; 5y FCF grow 0.0% → 3.0% )
EPS Correlation: 39.88 | EPS CAGR: 0.0% | SUE: 0.0 | # QB: 0
Revenue Correlation: 81.85 | Revenue CAGR: 35.59% | SUE: 0.93 | # QB: 1
EPS current Year (2026-12-31): EPS=4.90 | Chg7d=+0.000 | Chg30d=+0.313 | Revisions Net=+0 | Growth EPS=+25.4% | Growth Revenue=+34.1%
EPS next Year (2027-12-31): EPS=3.56 | Chg7d=+0.000 | Chg30d=+0.134 | Revisions Net=+2 | Growth EPS=-27.5% | Growth Revenue=-25.1%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = -5.1% (Discount Rate 7.9% - Earnings Yield 13.1%)
[Growth] Growth Spread = -20.0% (Analyst -25.1% - Implied -5.1%)
Market Cap USD = 6.70b (5.80b EUR * 1.1562 EUR.USD)
P/E Trailing = 7.6593
P/E Forward = 13.2979
P/S = 0.9821
P/B = 1.4549
P/EG = 0.2321
Revenue TTM = 10.71b USD
EBIT TTM = 2.92b USD
EBITDA TTM = 3.05b USD
Long Term Debt = 6.49b USD (from longTermDebt, last quarter)
Short Term Debt = 2.57b USD (from shortTermDebt, last quarter)
Debt = 9.25b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.17b USD (from netDebt column, last quarter)
Enterprise Value = 14.87b USD (6.70b + Debt 9.25b - CCE 1.09b)
Interest Coverage Ratio = 1.92 (Ebit TTM 2.92b / Interest Expense TTM 1.52b)
EV/FCF = 6.37x (Enterprise Value 14.87b / FCF TTM 2.33b)
FCF Yield = 15.69% (FCF TTM 2.33b / Enterprise Value 14.87b)
FCF Margin = 21.79% (FCF TTM 2.33b / Revenue TTM 10.71b)
Net Margin = 10.05% (Net Income TTM 1.08b / Revenue TTM 10.71b)
Gross Margin = 29.50% ((Revenue TTM 10.71b - Cost of Revenue TTM 7.55b) / Revenue TTM)
Gross Margin QoQ = 38.20% (prev 29.89%)
Tobins Q-Ratio = 0.82 (Enterprise Value 14.87b / Total Assets 18.10b)
Interest Expense / Debt = 4.17% (Interest Expense 385.7m / Debt 9.25b)
Taxrate = 6.49% (49.4m / 760.4m)
NOPAT = 2.73b (EBIT 2.92b * (1 - 6.49%))
Current Ratio = 1.44 (Total Current Assets 6.80b / Total Current Liabilities 4.71b)
Debt / Equity = 2.10 (Debt 9.25b / totalStockholderEquity, last quarter 4.41b)
Debt / EBITDA = 2.68 (Net Debt 8.17b / EBITDA 3.05b)
Debt / FCF = 3.50 (Net Debt 8.17b / FCF TTM 2.33b)
Total Stockholder Equity = 3.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.10% (Net Income 1.08b / Total Assets 18.10b)
RoE = 27.45% (Net Income TTM 1.08b / Total Stockholder Equity 3.92b)
RoCE = 28.01% (EBIT 2.92b / Capital Employed (Equity 3.92b + L.T.Debt 6.49b))
RoIC = 20.79% (NOPAT 2.73b / Invested Capital 13.12b)
WACC = 5.39% (E(6.70b)/V(15.96b) * Re(7.44%) + D(9.25b)/V(15.96b) * Rd(4.17%) * (1-Tc(0.06)))
Discount Rate = 7.44% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -1.72%
[DCF] Terminal Value 86.39% ; FCFF base≈2.33b ; Y1≈2.35b ; Y5≈2.51b
[DCF] Fair Price = 396.9 (EV 74.62b - Net Debt 8.17b = Equity 66.46b / Shares 167.5m; r=6.0% [WACC]; 5y FCF grow 0.0% → 3.0% )
EPS Correlation: 39.88 | EPS CAGR: 0.0% | SUE: 0.0 | # QB: 0
Revenue Correlation: 81.85 | Revenue CAGR: 35.59% | SUE: 0.93 | # QB: 1
EPS current Year (2026-12-31): EPS=4.90 | Chg7d=+0.000 | Chg30d=+0.313 | Revisions Net=+0 | Growth EPS=+25.4% | Growth Revenue=+34.1%
EPS next Year (2027-12-31): EPS=3.56 | Chg7d=+0.000 | Chg30d=+0.134 | Revisions Net=+2 | Growth EPS=-27.5% | Growth Revenue=-25.1%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = -5.1% (Discount Rate 7.9% - Earnings Yield 13.1%)
[Growth] Growth Spread = -20.0% (Analyst -25.1% - Implied -5.1%)