BW Energy Limited

OM:BWEO Stock Report

Market Cap: NOK 7.6b

BW Energy Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 BWEO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
NOK 227.13
Fair Value
88.4% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: BWEO (NOK26.3) is trading below our estimate of fair value (NOK227.13)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BWEO. This is calculated by dividing BWEO's market cap by their current earnings.
What is BWEO's PE Ratio?
PE Ratio3.6x
EarningsUS$190.10m
Market CapUS$676.36m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BWEO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.1x
COME Sociedad Comercial del Plata
28.4xn/aAR$726.7b
RECV3 Petroreconcavo
7.7x16.2%R$4.6b
REPX Riley Exploration Permian
6.3x17.3%US$708.3m
SQZ Serica Energy
6.1x-5.7%UK£557.9m
BWEO BW Energy
3.6x13.0%NOK 7.6b

Price-To-Earnings vs Peers: BWEO is good value based on its Price-To-Earnings Ratio (3.6x) compared to the peer average (12.1x).

Price to Earnings Ratio vs Industry

How does BWEO's PE Ratio compare vs other companies in the European Oil and Gas Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BWEO 3.6xIndustry Avg. 8.5xNo. of Companies16PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BWEO is good value based on its Price-To-Earnings Ratio (3.6x) compared to the European Oil and Gas industry average (8.5x).

Price to Earnings Ratio vs Fair Ratio

What is BWEO'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.

BWEO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BWEO's Price-To-Earnings Fair Ratio for valuation analysis.

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 BWEO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 26.30
NOK 33.35
+26.8%
15.7%NOK 41.20NOK 25.92n/a5
Jan ’26NOK 22.75
NOK 35.85
+57.6%
13.7%NOK 41.07NOK 29.05n/a4
Dec ’25NOK 22.25
NOK 35.85
+61.1%
13.7%NOK 41.07NOK 29.05n/a4
Nov ’25NOK 23.00
NOK 36.79
+60.0%
15.9%NOK 43.59NOK 29.38n/a4
Oct ’25NOK 23.20
NOK 37.55
+61.9%
16.9%NOK 44.29NOK 28.97n/a4
Sep ’25NOK 26.50
NOK 37.28
+40.7%
13.7%NOK 42.97NOK 31.50n/a4
Aug ’25NOK 31.05
NOK 38.79
+24.9%
11.7%NOK 43.50NOK 32.87n/a4
Jul ’25NOK 31.00
NOK 36.25
+16.9%
9.4%NOK 40.30NOK 31.93n/a3
Jun ’25NOK 33.40
NOK 35.24
+5.5%
11.3%NOK 39.71NOK 30.02n/a3
May ’25NOK 29.45
NOK 33.53
+13.9%
10.2%NOK 38.37NOK 31.01n/a3
Apr ’25NOK 26.55
NOK 32.54
+22.6%
9.5%NOK 36.91NOK 30.02n/a3
Mar ’25NOK 27.20
NOK 34.58
+27.1%
7.6%NOK 37.24NOK 30.98n/a3
Feb ’25NOK 27.90
NOK 34.94
+25.2%
4.3%NOK 36.74NOK 33.05n/a3
Jan ’25NOK 27.00
NOK 35.60
+31.9%
1.5%NOK 36.13NOK 35.08NOK 22.752
Dec ’24NOK 25.20
NOK 37.03
+46.9%
1.0%NOK 37.39NOK 36.67NOK 22.252
Nov ’24NOK 28.00
NOK 39.28
+40.3%
15.9%NOK 47.83NOK 33.01NOK 23.003
Oct ’24NOK 27.50
NOK 39.28
+42.8%
15.9%NOK 47.83NOK 33.01NOK 23.203
Sep ’24NOK 26.55
NOK 39.78
+49.8%
15.4%NOK 47.83NOK 33.01NOK 26.503
Aug ’24NOK 30.00
NOK 39.78
+32.6%
16.9%NOK 48.38NOK 32.01NOK 31.053
Jul ’24NOK 25.75
NOK 39.78
+54.5%
16.9%NOK 48.38NOK 32.01NOK 31.003
Jun ’24NOK 26.15
NOK 44.56
+70.4%
13.6%NOK 49.75NOK 36.03NOK 33.403
May ’24NOK 27.60
NOK 42.84
+55.2%
11.9%NOK 47.88NOK 35.88NOK 29.453
Apr ’24NOK 26.18
NOK 43.97
+67.9%
13.4%NOK 49.98NOK 35.95NOK 26.553
Mar ’24NOK 29.02
NOK 45.07
+55.3%
14.7%NOK 52.04NOK 36.18NOK 27.203
Feb ’24NOK 27.90
NOK 43.77
+56.9%
12.0%NOK 49.63NOK 36.90NOK 27.903
Jan ’24NOK 24.48
NOK 42.02
+71.7%
18.7%NOK 49.83NOK 31.26NOK 27.003
Analyst Price Target
Consensus Narrative from 5 Analysts
NOK 33.16
Fair Value
20.7% undervalued intrinsic discount
5
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/29 18:19
End of Day Share Price 2025/01/29 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 here.

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 .

Analyst Sources

BW Energy Limited is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Christian YggesethDanske Bank
Steffen EvjenDanske Bank