SBM Offshore N.V. (SBMO.AS) stock analysis
In our weekly check, SBM Offshore N.V. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3.
About SBM Offshore N.V.
SBM Offshore N.V. is an Energy company (Oil & Gas Equipment & Services) based in the Netherlands, listed on AMS as SBMO.AS.
What our checks show for SBMO.AS
Red flags
- Analysts expect revenue to shrink about 2.7% a year.
- The stock has fallen as much as 74% from a peak. Would you have held through that?
- Recovering from its deepest fall took about 13.1 years.
Warning signs
- Net debt is 4.2x a year of EBITDA (debt/equity 1.6). That limits room in a downturn and raises refinancing risk.
- Operating profit covers interest only 2.4 times: a weak year could make the payments hard.
- Analysts expect earnings per share to shrink about 8.4% a year.
- Thinly traded (about 437 thousand shares a day): buying and selling can move the price.
Strengths
- The net margin rose by 4.9 points over 5 years, to 15.6%.
- The gross margin is 34.2% and has risen by 9.6 points: pricing power is holding.
- Earnings per share grew 29.9% a year over the last 3 years.
- Net profit grew 28.7% a year over the last 3 years.
- Free cash flow is 13.8% of revenue: cash for dividends, buybacks or growth.
- The dividend takes 18% of profit: there is a cushion.
Similar companies
TE.PA · AROC · WFRD · NOV · GTT.PA · KGS
Questions
What grade does SBM Offshore N.V. (SBMO.AS) have?
In our weekly check, SBM Offshore N.V. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3. The grade is a risk check, not a buy or sell recommendation.
What are the main risks of SBMO.AS stock?
This week's biggest flags for SBM Offshore N.V.: Weak revenue forecast, Deep past fall, Slow recovery after falls. In total 7 of 25 checks show a warning or a red flag.
What does SBM Offshore N.V. do?
SBM Offshore N.V. is an Energy company (Oil & Gas Equipment & Services) based in the Netherlands, listed on AMS as SBMO.AS.
The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.
Updated 2026-10-31
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