SBM Offshore NV (NL:SBMO)
:SBMO
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SBMO Stock Chart & Stats
€33.94
-€0.38(-1.90%)
At close: 4:00 PM EST
€33.94
-€0.38(-1.90%)
Day’s Range― - ―
52-Week Range€18.22 - €37.38
Previous CloseN/A
Volume480.97K
Average Volume (3M)248.57K
Market Cap
€6.01B
Enterprise Value€15.16B
Total Cash (Recent Filing)€1.09B
Total Debt (Recent Filing)€9.25B
Price to Earnings (P/E)5.2
Beta0.78
Next Earnings
Aug 06, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield3.46%
Share Statistics
EPS (TTM)2.19
Shares Outstanding171,361,360
10 Day Avg. Volume260,435
30 Day Avg. Volume248,572
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.13
Price to Sales (P/S)0.81
P/FCF Ratio5.86
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€40.00Price Target Upside17.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)5.03
Revenue Forecast (FY)€7.07B
Bulls Say, Bears Say
Bulls Say
Recurring Lease-and-operate RevenueSBM’s lease-and-operate model creates long-duration, contract-backed cash flows from FPSO availability and O&M services. This recurring revenue provides revenue visibility, reduces cyclical exposure versus pure EPC work, and supports durable cash generation and client lock-in over 2–6 months and beyond.
Material 2025 Margin ImprovementThe sharp improvement in 2025 gross (~34%) and net (~16%) margins demonstrates operating leverage and better project economics. Higher margins and improved profitability enhance internal funding capacity and resilience to cost shocks, indicating a stronger underlying business model if maintained through disciplined execution.
Positive Free Cash Flow TrendAfter several years of negative cash flow, the move to positive free cash flow in 2024–2025 signals improved cash conversion and operational discipline. Sustained positive FCF supports reinvestment, debt servicing and shareholder returns, increasing financial flexibility over the medium term.
Bears Say
High LeverageAn asset-heavy FPSO business with debt-to-equity around 2.1x constrains financial flexibility. Elevated leverage increases refinancing and covenant risk, reduces capacity for opportunistic investments, and magnifies earnings volatility impact on balance sheet strength if cash flows soften or capex needs accelerate.
Weak Cash Coverage And FCF VolatilityLow operating cash coverage of debt and a steep year-over-year FCF decline reveal fragile cash quality. This volatility increases reliance on external funding for working capital and projects, raising execution and liquidity risk, and makes sustainable deleveraging more challenging over the medium term.
Earnings Sensitivity To Project Mix/timingSBM’s results are lumpy and depend on project stages, contract terms and timing. Large swings in margins between 2024 and 2025 reflect execution and mix risk, complicating forecasting and making medium-term profitability dependent on consistent project delivery and favorable contract economics.
SBM Offshore NV News
SBMO FAQ
What was SBM Offshore NV’s price range in the past 12 months?
SBM Offshore NV lowest stock price was €18.22 and its highest was €37.38 in the past 12 months.
What is SBM Offshore NV’s market cap?
SBM Offshore NV’s market cap is €6.01B.
When is SBM Offshore NV’s upcoming earnings report date?
SBM Offshore NV’s upcoming earnings report date is Aug 06, 2026 which is in 98 days.
How were SBM Offshore NV’s earnings last quarter?
SBM Offshore NV released its earnings results on Feb 26, 2026. The company reported €2.193 earnings per share for the quarter, beating the consensus estimate of €1.585 by €0.608.
Is SBM Offshore NV overvalued?
According to Wall Street analysts SBM Offshore NV’s price is currently Undervalued.
Does SBM Offshore NV pay dividends?
SBM Offshore NV pays a Annually dividend of €0.851 which represents an annual dividend yield of 3.46%. See more information on SBM Offshore NV dividends here
What is SBM Offshore NV’s EPS estimate?
SBM Offshore NV’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does SBM Offshore NV have?
SBM Offshore NV has 171,361,360 shares outstanding.
What happened to SBM Offshore NV’s price movement after its last earnings report?
SBM Offshore NV reported an EPS of €2.193 in its last earnings report, beating expectations of €1.585. Following the earnings report the stock price went up 0.996%.
Which hedge fund is a major shareholder of SBM Offshore NV?
Currently, no hedge funds are holding shares in NL:SBMO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
SBM Offshore NV
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.
SBMO Stock 12 Month Forecast
Average Price Target
€40.00
▲(17.86% Upside)
Technical Analysis
Options Prices
Currently, No data available
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