BW Offshore Limited

DB:XY81 Stock Report

Market Cap: €498.7m

BW Offshore Valuation

Is XY81 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of XY81 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€26.99
Fair Value
90.0% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: XY81 (€2.71) is trading below our estimate of fair value (€26.99)

Significantly Below Fair Value: XY81 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XY81?

Key metric: As XY81 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for XY81. This is calculated by dividing XY81's market cap by their current earnings.
What is XY81's PE Ratio?
PE Ratio4.3x
EarningsUS$119.80m
Market CapUS$519.05m

Price to Earnings Ratio vs Peers

How does XY81's PE Ratio compare to its peers?

The above table shows the PE ratio for XY81 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35x
VH2 Friedrich Vorwerk Group
23.5x13.0%€659.0m
ETG EnviTec Biogas
8.8xn/a€436.6m
CE2 CropEnergies
84xn/a€1.2b
4DS Daldrup & Söhne
23.8x7.9%€51.8m
XY81 BW Offshore
4.3x-7.3%€5.8b

Price-To-Earnings vs Peers: XY81 is good value based on its Price-To-Earnings Ratio (4.3x) compared to the peer average (35x).

Price to Earnings Ratio vs Industry

How does XY81's PE Ratio compare vs other companies in the European Energy Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
XY81 4.3xIndustry Avg. 8.6xNo. of Companies7PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: XY81 is good value based on its Price-To-Earnings Ratio (4.3x) compared to the European Energy Services industry average (8.6x).

Price to Earnings Ratio vs Fair Ratio

What is XY81's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

XY81 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.3x
Fair PE Ratio11.6x

Price-To-Earnings vs Fair Ratio: XY81 is good value based on its Price-To-Earnings Ratio (4.3x) compared to the estimated Fair Price-To-Earnings Ratio (11.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst XY81 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€2.71
€2.92
+8.1%
14.7%€3.41€2.37n/a3
Feb ’26€2.67
€2.92
+9.5%
14.7%€3.41€2.37n/a3
Jan ’26€2.46
€3.19
+30.1%
19.5%€3.83€2.35n/a3
Dec ’25€2.39
€3.22
+35.2%
20.1%€3.77€2.31n/a3
Nov ’25€2.46
€3.37
+37.4%
9.8%€3.74€2.94n/a3
Oct ’25€2.39
€3.35
+40.5%
10.1%€3.73€2.91n/a3
Sep ’25€2.58
€3.35
+29.8%
10.1%€3.73€2.91n/a3
Aug ’25€2.54
€3.45
+35.9%
10.1%€3.83€2.99n/a3
Jul ’25€2.66
€3.45
+29.8%
10.1%€3.83€2.99n/a3
Jun ’25€2.59
€3.47
+34.1%
11.7%€3.95€2.96n/a3
May ’25€2.35
€3.70
+57.3%
8.2%€4.00€3.39n/a2
Apr ’25€2.29
€3.81
+66.7%
3.9%€3.96€3.66n/a2
Mar ’25€2.19
€3.33
+52.1%
9.5%€3.63€2.89n/a3
Feb ’25€2.09
€3.33
+59.3%
9.5%€3.63€2.89€2.673
Jan ’25€1.96
€3.28
+67.1%
8.3%€3.58€2.85€2.464
Dec ’24€1.90
€3.29
+73.3%
7.0%€3.50€2.91€2.394
Nov ’24€1.95
€3.36
+72.4%
7.8%€3.65€2.94€2.464
Oct ’24€2.15
€3.36
+56.2%
7.8%€3.65€2.94€2.394
Sep ’24€2.11
€3.45
+63.0%
12.4%€4.10€2.91€2.584
Aug ’24€2.45
€3.70
+51.1%
7.8%€4.07€3.29€2.544
Jul ’24€2.19
€3.69
+69.0%
6.6%€3.95€3.36€2.664
Jun ’24€2.15
€3.81
+76.8%
4.4%€3.95€3.57€2.593
May ’24€2.36
€3.79
+60.7%
5.4%€3.98€3.50€2.353
Apr ’24€2.60
€3.76
+44.7%
5.9%€4.03€3.54€2.294
Mar ’24€2.58
€3.87
+50.2%
6.0%€4.24€3.60€2.194
Feb ’24€2.41
€3.87
+60.4%
6.0%€4.24€3.60€2.094
Analyst Price Target
Consensus Narrative from 3 Analysts
€2.89
Fair Value
6.5% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 09:50
End of Day Share Price 2025/02/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

BW Offshore Limited is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristoffer IdenArctic Securities ASA
Chr. Frederik LundeCarnegie Investment Bank AB
Jeffrey SpittelClarksons Platou Securities