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

BWO is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (7.2x).

How does BWO's PE Ratio compare vs other companies in the NO Energy Services Industry?

BWO is good value based on its Price-To-Earnings Ratio (3.9x) compared to the Norwegian Energy Services industry average (9.3x).

What is BWO'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.

BWO is good value based on its Price-To-Earnings Ratio (3.9x) compared to the estimated Fair Price-To-Earnings Ratio (4.2x).

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

BWO (NOK28.3) is trading below our estimate of [[fair value]] (NOK323.46)

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

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

BW Offshore (OB:BWO) - Stock Price, News & Analysis

BWO Stock Overview

Engages in the engineering of offshore production solutions in the Americas, Europe, Africa, Asia, and the Pacific. More details

BWO fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 91.3% below our estimate of its fair value

Earnings have grown 50.1% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 36.1% per year for the next 3 years

Dividend of 7.53% is not well covered by free cash flows

BW Offshore Limited Competitors

Akastor

OB:AKAST

NOK 3.5b

Sea1 Offshore

OB:SEA1

NOK 4.6b

S.D. Standard ETC

OB:SDSD

NOK 896.9m

DOF Group

OB:DOFG

NOK 16.3b

Price History & Performance

Summary of all time highs, changes and price drops for BW Offshore
Historical stock prices
Current Share Price	NOK 28.30
52 Week High	NOK 33.35
52 Week Low	NOK 20.02
Beta	1.94
11 Month Change	-10.16%
3 Month Change	-3.74%
1 Year Change	28.75%
33 Year Change	1.80%
5 Year Change	-54.32%
Change since IPO	-97.98%

BW Offshore Limited's (OB:BWO) Earnings Are Not Doing Enough For Some Investors

Oct 03

Recent updates

BW Offshore Limited's (OB:BWO) Earnings Are Not Doing Enough For Some Investors

Oct 03

We Think That There Are Some Issues For BW Offshore (OB:BWO) Beyond Its Promising Earnings

May 31

Read This Before Considering BW Offshore Limited (OB:BWO) For Its Upcoming US$0.035 Dividend

Feb 21

BW Offshore Limited (OB:BWO) Is Yielding 3.4% - But Is It A Buy?

Feb 05

BW Offshore Limited (OB:BWO) Shares Could Be 46% Below Their Intrinsic Value Estimate

Jan 10

BW Offshore (OB:BWO) Has Compensated Shareholders With A 34% Return On Their Investment

Dec 19

Earnings Miss: BW Offshore Limited Missed EPS By 53% And Analysts Are Revising Their Forecasts

Nov 22

BW Offshore Limited (OB:BWO) Goes Ex-Dividend Soon

Nov 22

Shareholder Returns

	BWO	NO Energy Services	NO Market
7D	-8.1%	1.9%	3.1%
1Y	28.8%	6.3%	3.9%

Return vs Industry: BWO exceeded the Norwegian Energy Services industry which returned 6.3% over the past year.

Return vs Market: BWO exceeded the Norwegian Market which returned 3.9% over the past year.

Price Volatility

Is BWO's price volatile compared to industry and market?
BWO volatility
BWO Average Weekly Movement	6.1%
Energy Services Industry Average Movement	5.7%
Market Average Movement	5.2%
10% most volatile stocks in NO Market	10.6%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: BWO has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: BWO's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1982	1,200	Marco Beenen	www.bwoffshore.com

BW Offshore Limited engages in the engineering of offshore production solutions in the Americas, Europe, Africa, Asia, and the Pacific. It operates through Floating Production, Storage, and Offloading (FPSO); and Floating Wind segments. The company builds, owns, leases, and operates FPSO vessels for oil and gas industries.

BW Offshore Limited Fundamentals Summary

How do BW Offshore's earnings and revenue compare to its market cap?
BWO fundamental statistics
Market cap	NOK 5.08b
Earnings (TTM)	NOK 1.32b
Revenue (TTM)	NOK 7.09b

3.9x

P/E Ratio

0.7x

P/S Ratio

Is BWO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BWO income statement (TTM)
Revenue	US$641.80m
Cost of Revenue	US$214.40m
Gross Profit	US$427.40m
Other Expenses	US$307.60m
Earnings	US$119.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)	0.66
Gross Margin	66.59%
Net Profit Margin	18.67%
Debt/Equity Ratio	33.7%

How did BWO perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

42%

Payout Ratio

Does BWO pay a reliable dividends?

See BWO dividend history and benchmarks

When do you need to buy BWO by to receive an upcoming dividend?
BW Offshore dividend dates
Ex Dividend Date	Nov 19 2024
Dividend Pay Date	Nov 27 2024
Days until Ex dividend	3 days
Days until Dividend pay date	5 days

Does BWO pay a reliable dividends?

See BWO dividend history and benchmarks

BWO Stock Overview

Rewards

Risk Analysis

BW Offshore Limited Competitors

OB:AKAST

NOK 3.5b

OB:SEA1

NOK 4.6b

OB:SDSD

NOK 896.9m

OB:DOFG

NOK 16.3b

Price History & Performance

Recent News & Updates

Third quarter dividend of US$0.063 announced

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

BW Offshore Limited Declares Quarterly Cash Dividend, Payable on or Around November 27, 2024

Investor sentiment improves as stock rises 17%

BW Offshore Limited's (OB:BWO) Earnings Are Not Doing Enough For Some Investors

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

Third quarter dividend of US$0.063 announced

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

BW Offshore Limited Declares Quarterly Cash Dividend, Payable on or Around November 27, 2024

Investor sentiment improves as stock rises 17%

BW Offshore Limited's (OB:BWO) Earnings Are Not Doing Enough For Some Investors

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus revenue estimates increase by 18%, EPS downgraded

First quarter dividend of US$0.063 announced

Consensus EPS estimates fall by 12%

We Think That There Are Some Issues For BW Offshore (OB:BWO) Beyond Its Promising Earnings

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: US$0.20 (vs US$0.10 in 1Q 2023)

BW Offshore Limited Appoints Kees Van Seventer as Board Member

Carl Krogh Arnet, Director Do Not Stand for Re-Election at BW Offshore Limited

Carl Krogh Arnet, Director Do Not Stand for Re-Election at BW Offshore Limited

Consensus EPS estimates increase by 35%

Full year 2023 earnings released: EPS: US$0.56 (vs US$0.72 in FY 2022)

BW Offshore Limited to Report Q1, 2024 Results on May 24, 2024

Third quarter 2023 earnings released: EPS: US$0.17 (vs US$0.17 in 3Q 2022)

BW Offshore Limited Declares Cash Dividend, Payable on or About November 28, 2023

Consensus revenue estimates increase by 10%, EPS downgraded

New major risk - Earnings quality

BW Offshore Limited Declares Cash Dividend for Second Quarter of 2023, Payable on or About 7 September 2023

New major risk - Revenue and earnings growth

Insufficient new directors

BW Offshore Limited Announces Cash Dividend for First Quarter 2023, Payable on or About 6 June 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2022 earnings: EPS and revenues exceed analyst expectations

BW Offshore Limited to Report Q1, 2023 Results on May 24, 2023

BW Offshore Limited Updates on the Gato Do Mato Project

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

BW Offshore Limited Declares Cash Dividend, Payable on or About 30 November 2022

Investor sentiment improved over the past week

Consensus EPS estimates increase by 10%

Does BW Offshore (OB:BWO) Have A Healthy Balance Sheet?

Consensus EPS estimates increase by 11%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

BW Offshore Limited Declares Cash Dividend, Payable on or About 8 September 2022

Investor sentiment deteriorated over the past week

Director recently sold kr8.2m worth of stock

Consensus EPS estimates increase by 123%

Upcoming dividend of US$0.035 per share

First quarter 2022 earnings: EPS and revenues miss analyst expectations

BW Offshore Limited Announces Dividend, Payable on June 17, 2022

Investor sentiment improved over the past week

Consensus EPS estimates fall by 45%

Investor sentiment deteriorated over the past week

Is BW Offshore (OB:BWO) A Risky Investment?

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Bw Offshore Limited Declares Cash Dividend, Payable on March 17 2022

BW Offshore Limited to Report Q4, 2021 Results on Feb 28, 2022

BW Offshore Limited Announces Impairment for Fourth Quarter of 2021

Third quarter 2021 earnings: EPS and revenues exceed analyst expectations

BW Offshore (OB:BWO) Takes On Some Risk With Its Use Of Debt

Investor sentiment improved over the past week

Director recently sold kr13m worth of stock

BW Offshore: Regulatory Approval for Barossa FPSO Equity Joint Venture Partnership

Second quarter 2021 earnings released: EPS US$0.048 (vs US$0.17 in 2Q 2020)

Chief Commercial Officer recently sold kr1.9m worth of stock