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SBM Offshore NV (NL:SBMO)
:SBMO
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SBM Offshore NV (SBMO) AI Stock Analysis

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NL:SBMO

SBM Offshore NV

(LSE:SBMO)

Rating:69Neutral
Price Target:
€24.00
▲(9.09% Upside)
SBM Offshore NV's overall stock score reflects a balance of strengths and risks. The company's valuation is attractive, with a low P/E ratio and a solid dividend yield. However, financial performance is mixed, with high leverage and declining profitability posing risks. Technical indicators suggest a neutral to slightly bearish short-term outlook.

SBM Offshore NV (SBMO) vs. iShares MSCI Netherlands ETF (EWN)

SBM Offshore NV Business Overview & Revenue Model

Company DescriptionSBM Offshore NV (SBMO) is a leading provider of floating production solutions for the offshore oil and gas industry, specializing in the design, construction, and operation of floating production storage and offloading (FPSO) units. The company operates in the sectors of offshore oil and gas production, marine services, and energy transition solutions. SBM Offshore offers a range of services including lease and operate contracts, engineering and project management, as well as providing technological innovations aimed at enhancing efficiency and sustainability in offshore operations.
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
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue4.60B4.78B4.96B4.91B3.75B3.50B
Gross Profit1.08B1.13B1.42B1.18B922.00M889.00M
EBITDA966.00M1.20B1.39B1.13B959.00M949.00M
Net Income548.00M150.00M491.00M450.00M400.00M328.00M
Balance Sheet
Total Assets10.29B17.16B17.18B15.89B13.21B11.09B
Cash, Cash Equivalents and Short-Term Investments506.00M806.00M543.00M682.00M1.02B414.00M
Total Debt4.92B8.94B9.29B8.56B7.70B5.62B
Total Liabilities6.67B11.31B11.65B10.97B9.68B7.62B
Stockholders Equity2.75B3.62B3.73B3.40B2.58B2.56B
Cash Flow
Free Cash Flow-762.00M1.37B-342.00M-1.13B-818.00M-198.00M
Operating Cash Flow-733.00M1.48B-169.00M-1.05B-757.00M-128.00M
Investing Cash Flow75.00M92.00M-142.00M67.00M5.00M-17.00M
Financing Cash Flow960.00M-1.31B170.00M646.00M1.36B50.00M

SBM Offshore NV Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price22.00
Price Trends
50DMA
22.67
Negative
100DMA
21.59
Positive
200DMA
19.46
Positive
Market Momentum
MACD
-0.17
Positive
RSI
40.05
Neutral
STOCH
14.43
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:SBMO, the sentiment is Neutral. The current price of 22 is below the 20-day moving average (MA) of 22.80, below the 50-day MA of 22.67, and above the 200-day MA of 19.46, indicating a neutral trend. The MACD of -0.17 indicates Positive momentum. The RSI at 40.05 is Neutral, neither overbought nor oversold. The STOCH value of 14.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:SBMO.

SBM Offshore NV Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
€3.79B11.749.56%3.87%13.52%-15.28%
65
Neutral
$15.27B7.594.09%5.23%3.88%-62.31%
€1.18B8.709.91%6.76%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NL:SBMO
SBM Offshore NV
22.00
6.76
44.32%
GB:0LNT
Fugro NV
11.09
-7.53
-40.44%
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.Date of analysis: Aug 13, 2025