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SBM Offshore NV (NL:SBMO)
:SBMO
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SBM Offshore NV
(LSE:SBMO)
Rating:69Neutral
Price Target:
€24.00
▲(1.52% Upside)
SBM Offshore NV (SBMO) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€4.02B
Dividend Yield3.6%
Average Volume (3M)308.39K
Price to Earnings (P/E)12.5
Beta (1Y)0.68
Revenue Growth13.52%
EPS Growth-15.28%
CountryNL
Employees6,301
SectorEnergy
Sector Strength49
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)1.35
Shares Outstanding176,361,360
10 Day Avg. Volume297,351
30 Day Avg. Volume308,392
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€27.50Price Target Upside16.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
SBM Offshore NV Business Overview & Revenue Model
Company DescriptionSBM 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.
How the Company Makes MoneySBM Offshore generates revenue primarily through long-term contracts for leasing and operating FPSO units, which are critical for the extraction and processing of oil and gas in offshore environments. The company's revenue model is largely based on a combination of fixed and variable fees tied to production levels from the fields they serve. Key revenue streams include lease and operate agreements, engineering services for FPSO construction, and maintenance services. Additionally, SBM Offshore often enters into joint ventures and strategic partnerships with major oil and gas companies, which can enhance project financing and risk-sharing, further contributing to its earnings. Factors such as global oil prices, demand for offshore production capabilities, and advancements in technology also significantly influence the company's financial performance.
SBM Offshore NV Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.60B | 4.78B | 4.96B | 4.91B | 3.75B | 3.50B |
| Gross Profit | 1.08B | 1.13B | 1.42B | 1.18B | 922.00M | 889.00M |
| EBITDA | 966.00M | 1.20B | 1.39B | 1.13B | 959.00M | 949.00M |
| Net Income | 548.00M | 150.00M | 491.00M | 450.00M | 400.00M | 328.00M |
Balance Sheet | ||||||
| Total Assets | 10.29B | 17.16B | 17.18B | 15.89B | 13.21B | 11.09B |
| Cash, Cash Equivalents and Short-Term Investments | 506.00M | 806.00M | 543.00M | 682.00M | 1.02B | 414.00M |
| Total Debt | 4.92B | 8.94B | 9.29B | 8.56B | 7.70B | 5.62B |
| Total Liabilities | 6.67B | 11.31B | 11.65B | 10.97B | 9.68B | 7.62B |
| Stockholders Equity | 2.75B | 3.62B | 3.73B | 3.40B | 2.58B | 2.56B |
Cash Flow | ||||||
| Free Cash Flow | -762.00M | 1.37B | -342.00M | -1.13B | -818.00M | -198.00M |
| Operating Cash Flow | -733.00M | 1.48B | -169.00M | -1.05B | -757.00M | -128.00M |
| Investing Cash Flow | 75.00M | 92.00M | -142.00M | 67.00M | 5.00M | -17.00M |
| Financing Cash Flow | 960.00M | -1.31B | 170.00M | 646.00M | 1.36B | 50.00M |
SBM Offshore NV Technical Analysis
Positive
23.64
Price Trends
22.62
Positive
20.65
Positive
18.97
Positive
Market Momentum
0.07
Negative
59.96
Neutral
91.83
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:SBMO, the sentiment is Positive. The current price of 23.64 is above the 20-day moving average (MA) of 22.43, above the 50-day MA of 22.62, and above the 200-day MA of 18.97, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 59.96 is Neutral, neither overbought nor oversold. The STOCH value of 91.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:SBMO.
SBM Offshore NV Peers Comparison
Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Performance Comparison
NL:SBMO
SBM Offshore NV
23.64
7.72
48.52%
NL:FUR
Fugro NV
12.14
-9.18
-43.06%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.