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Schoeller-Bleckmann Oilfield Equipment

OTCPK:SBOE.Y
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SBOE.Y
OTCPK
€1B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft designs, manufactures, and sells drilling equipment for the oil and gas industry worldwide. The last earnings update was 2 days ago. More info.


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SBOE.Y Share Price and Events
7 Day Returns
0%
OTCPK:SBOE.Y
-7.1%
US Energy Services
-2.1%
US Market
1 Year Returns
-32.9%
OTCPK:SBOE.Y
-44.5%
US Energy Services
1.3%
US Market
SBOE.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Schoeller-Bleckmann Oilfield Equipment (SBOE.Y) 0% 0% - -32.9% - -
US Energy Services -7.1% -19.2% -16.5% -44.5% -49% -71.4%
US Market -2.1% -4.2% 0% 1.3% 33.5% 38%
1 Year Return vs Industry and Market
  • SBOE.Y outperformed the Energy Services industry which returned -44.5% over the past year.
  • SBOE.Y underperformed the Market in United States of America which returned 1.3% over the past year.
Price Volatility
SBOE.Y
Industry
5yr Volatility vs Market

Value

 Is Schoeller-Bleckmann Oilfield Equipment undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Schoeller-Bleckmann Oilfield Equipment to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Schoeller-Bleckmann Oilfield Equipment.

OTCPK:SBOE.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:SBOE.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.5%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.991 (1 + (1- 25%) (26.95%))
1.128
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.128 * 6.51%)
10.08%

Discounted Cash Flow Calculation for OTCPK:SBOE.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Schoeller-Bleckmann Oilfield Equipment is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:SBOE.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 10.08%)
2019 64.70 Analyst x4 58.78
2020 75.54 Analyst x8 62.34
2021 100.70 Analyst x7 75.50
2022 95.85 Analyst x2 65.29
2023 104.55 Analyst x2 64.69
2024 111.76 Est @ 6.9% 62.83
2025 118.08 Est @ 5.65% 60.30
2026 123.72 Est @ 4.77% 57.39
2027 128.86 Est @ 4.16% 54.31
2028 133.67 Est @ 3.73% 51.18
Present value of next 10 years cash flows €612.61
OTCPK:SBOE.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €133.67 × (1 + 2.73%) ÷ (10.08% – 2.73%)
€1,869.22
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,869.22 ÷ (1 + 10.08%)10
€715.68
OTCPK:SBOE.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €612.61 + €715.68
€1,328.29
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,328.29 / 15.95
€83.28
OTCPK:SBOE.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:SBOE.Y represents 0.11981x of WBAG:SBO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.11981x
Value per Share
(Listing Adjusted, USD)
= Value per Share (EUR) x Listing Adjustment Factor
= € 83.28 x 0.11981
$9.98
Value per share (USD) From above. $9.98
Current discount Discount to share price of $8.71
= -1 x ($8.71 - $9.98) / $9.98
12.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Schoeller-Bleckmann Oilfield Equipment is available for.
Intrinsic value
13%
Share price is $8.71 vs Future cash flow value of $9.98
Current Discount Checks
For Schoeller-Bleckmann Oilfield Equipment to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Schoeller-Bleckmann Oilfield Equipment's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Schoeller-Bleckmann Oilfield Equipment's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Schoeller-Bleckmann Oilfield Equipment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Schoeller-Bleckmann Oilfield Equipment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SBOE.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €2.84
WBAG:SBO Share Price ** WBAG (2019-04-04) in EUR €72.7
United States of America Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 18.74x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Schoeller-Bleckmann Oilfield Equipment.

OTCPK:SBOE.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= WBAG:SBO Share Price ÷ EPS (both in EUR)

= 72.7 ÷ 2.84

25.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Schoeller-Bleckmann Oilfield Equipment is overvalued based on earnings compared to the US Energy Services industry average.
  • Schoeller-Bleckmann Oilfield Equipment is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Schoeller-Bleckmann Oilfield Equipment's expected growth come at a high price?
Raw Data
OTCPK:SBOE.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 25.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
28.1%per year
United States of America Energy Services Industry PEG Ratio Median Figure of 27 Publicly-Listed Energy Services Companies 0.51x
United States of America Market PEG Ratio Median Figure of 2,120 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

OTCPK:SBOE.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 25.59x ÷ 28.1%

0.91x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Schoeller-Bleckmann Oilfield Equipment is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Schoeller-Bleckmann Oilfield Equipment's assets?
Raw Data
OTCPK:SBOE.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €24.19
WBAG:SBO Share Price * WBAG (2019-04-04) in EUR €72.7
United States of America Energy Services Industry PB Ratio Median Figure of 88 Publicly-Listed Energy Services Companies 0.84x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
OTCPK:SBOE.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= WBAG:SBO Share Price ÷ Book Value per Share (both in EUR)

= 72.7 ÷ 24.19

3.01x

* Primary Listing of Schoeller-Bleckmann Oilfield Equipment.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Schoeller-Bleckmann Oilfield Equipment is overvalued based on assets compared to the US Energy Services industry average.
X
Value checks
We assess Schoeller-Bleckmann Oilfield Equipment's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Schoeller-Bleckmann Oilfield Equipment has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Schoeller-Bleckmann Oilfield Equipment expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
28.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Schoeller-Bleckmann Oilfield Equipment expected to grow at an attractive rate?
  • Schoeller-Bleckmann Oilfield Equipment's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Schoeller-Bleckmann Oilfield Equipment's earnings growth is expected to exceed the United States of America market average.
  • Schoeller-Bleckmann Oilfield Equipment's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:SBOE.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:SBOE.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 28.1%
OTCPK:SBOE.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 8.7%
United States of America Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 45%
United States of America Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 8.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:SBOE.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SBOE.Y Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 686 1
2022-12-31 666 1
2021-12-31 612 144 102 7
2020-12-31 562 117 88 9
2019-12-31 508 109 59 7
OTCPK:SBOE.Y Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 447 62 45
2018-12-31 420 33 41
2018-09-30 407 34 65
2018-06-30 389 48 -35
2018-03-31 358 50 -46
2017-12-31 324 45 -54
2017-09-30 278 25 -91
2017-06-30 231 19 -17
2017-03-31 196 27 -18
2016-12-31 183 31 -28
2016-09-30 189 46 -40
2016-06-30 215 65 -36

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Schoeller-Bleckmann Oilfield Equipment's earnings are expected to grow significantly at over 20% yearly.
  • Schoeller-Bleckmann Oilfield Equipment's revenue is expected to grow by 8.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:SBOE.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Schoeller-Bleckmann Oilfield Equipment Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SBOE.Y Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 6.34 7.03 5.50 7.00
2020-12-31 5.50 6.75 4.17 9.00
2019-12-31 3.68 3.75 3.60 3.00
OTCPK:SBOE.Y Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 2.84
2018-12-31 2.59
2018-09-30 4.07
2018-06-30 -2.19
2018-03-31 -2.87
2017-12-31 -3.41
2017-09-30 -5.73
2017-06-30 -1.08
2017-03-31 -1.12
2016-12-31 -1.75
2016-09-30 -2.49
2016-06-30 -2.25

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Schoeller-Bleckmann Oilfield Equipment is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Schoeller-Bleckmann Oilfield Equipment's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Schoeller-Bleckmann Oilfield Equipment has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Schoeller-Bleckmann Oilfield Equipment performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Schoeller-Bleckmann Oilfield Equipment's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Schoeller-Bleckmann Oilfield Equipment's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Schoeller-Bleckmann Oilfield Equipment has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Schoeller-Bleckmann Oilfield Equipment has become profitable in the last year making it difficult to compare the US Energy Services industry average.
Earnings and Revenue History
Schoeller-Bleckmann Oilfield Equipment's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Schoeller-Bleckmann Oilfield Equipment Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SBOE.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 447.17 45.33 71.98
2018-12-31 420.21 41.39 69.99
2018-09-30 407.42 64.89 70.27
2018-06-30 388.58 -34.97 65.27
2018-03-31 358.27 -45.72 59.95
2017-12-31 324.22 -54.36 59.62
2017-09-30 277.52 -91.34 55.56
2017-06-30 230.66 -17.29 55.88
2017-03-31 196.34 -17.86 54.68
2016-12-31 182.99 -28.00 53.82
2016-09-30 189.20 -39.83 51.55
2016-06-30 214.89 -35.92 51.46
2016-03-31 253.00 -44.40 52.31
2015-12-31 313.73 -18.98 52.64
2015-09-30 389.65 5.21 55.91
2015-06-30 445.19 23.71 56.02
2015-03-31 483.68 49.92 56.48
2014-12-31 488.61 54.01 55.55
2014-09-30 466.66 66.06 50.62
2014-06-30 453.45 63.33 48.26
2014-03-31 455.22 61.20 46.13
2013-12-31 458.57 60.75 43.63
2013-09-30 473.90 61.49 45.85
2013-06-30 491.83 67.44 46.43
2013-03-31 507.38 72.88 45.65
2012-12-31 512.15 76.60 47.05
2012-09-30 501.44 72.85 45.85
2012-06-30 469.96 66.80 43.14

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Schoeller-Bleckmann Oilfield Equipment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Schoeller-Bleckmann Oilfield Equipment used its assets more efficiently than the US Energy Services industry average last year based on Return on Assets.
  • Schoeller-Bleckmann Oilfield Equipment has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Schoeller-Bleckmann Oilfield Equipment's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Schoeller-Bleckmann Oilfield Equipment has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Schoeller-Bleckmann Oilfield Equipment's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Schoeller-Bleckmann Oilfield Equipment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Schoeller-Bleckmann Oilfield Equipment is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Schoeller-Bleckmann Oilfield Equipment's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Schoeller-Bleckmann Oilfield Equipment's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Schoeller-Bleckmann Oilfield Equipment Company Filings, last reported 1 month ago.

OTCPK:SBOE.Y Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 385.81 312.49 270.03
2018-12-31 368.20 304.05 241.53
2018-09-30 357.77 341.89 266.30
2018-06-30 334.41 350.43 278.94
2018-03-31 315.71 217.46 157.88
2017-12-31 322.01 216.78 166.16
2017-09-30 298.44 240.65 177.86
2017-06-30 386.07 240.42 177.60
2017-03-31 415.46 243.64 188.78
2016-12-31 425.73 244.45 193.45
2016-09-30 407.52 197.69 141.58
2016-06-30 417.64 197.60 137.85
2016-03-31 418.87 200.69 224.89
2015-12-31 450.36 170.10 196.28
2015-09-30 454.63 175.81 188.03
2015-06-30 464.09 176.62 165.71
2015-03-31 512.53 202.54 203.57
2014-12-31 455.68 165.79 130.22
2014-09-30 436.25 167.08 157.40
2014-06-30 392.29 175.06 142.78
2014-03-31 392.98 173.93 159.79
2013-12-31 382.19 175.12 158.37
2013-09-30 372.19 171.98 152.45
2013-06-30 366.53 174.41 155.81
2013-03-31 384.15 203.05 187.25
2012-12-31 363.13 172.87 138.26
2012-09-30 355.83 147.87 91.90
2012-06-30 342.31 149.68 81.61
  • Schoeller-Bleckmann Oilfield Equipment's level of debt (81%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (44.3% vs 81% today).
  • Debt is well covered by operating cash flow (20%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.9x coverage).
X
Financial health checks
We assess Schoeller-Bleckmann Oilfield Equipment's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Schoeller-Bleckmann Oilfield Equipment has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Schoeller-Bleckmann Oilfield Equipment's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.38%
Current annual income from Schoeller-Bleckmann Oilfield Equipment dividends. Estimated to be 2.22% next year.
If you bought $2,000 of Schoeller-Bleckmann Oilfield Equipment shares you are expected to receive $28 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Schoeller-Bleckmann Oilfield Equipment's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
  • Schoeller-Bleckmann Oilfield Equipment's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:SBOE.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 3.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:SBOE.Y Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.84 7.00
2020-12-31 1.66 9.00
2019-12-31 1.38 9.00
OTCPK:SBOE.Y Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-19 1.000 1.280
2018-03-21 0.500 0.604
2017-11-23 0.000 0.000
2017-08-24 0.000 0.000
2017-05-23 0.000 0.000
2017-03-17 0.000 0.000
2016-04-27 0.500 0.814
2015-04-23 1.500 2.859
2014-03-10 1.500 2.084
2013-03-20 1.500 1.854
2013-01-15 1.500 1.961
2012-03-08 1.200 1.698
2011-03-10 0.500 0.809
2010-04-28 0.500 1.069
2010-03-10 0.500 1.247

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Schoeller-Bleckmann Oilfield Equipment has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Schoeller-Bleckmann Oilfield Equipment only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Schoeller-Bleckmann Oilfield Equipment's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Schoeller-Bleckmann Oilfield Equipment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Schoeller-Bleckmann Oilfield Equipment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Schoeller-Bleckmann Oilfield Equipment has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Schoeller-Bleckmann Oilfield Equipment's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gerald Grohmann
COMPENSATION €821,000
AGE 65
TENURE AS CEO 17.6 years
CEO Bio

Engineer Gerald Grohmann has been the President and Chief Executive Officer of Schoeller-Bleckmann Oilfield Equipment AG since October 30, 2001 and serves as the Chairman of Executive Board.

CEO Compensation
  • Gerald's compensation has increased in line with Schoeller-Bleckmann Oilfield Equipment recently becoming profitable.
  • Gerald's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Gerald Grohmann

TITLE
President
COMPENSATION
€821K
AGE
65
TENURE
17.6 yrs

Klaus Mader

TITLE
CFO, VP & Member of Executive Board
COMPENSATION
€567K
AGE
48
TENURE
3.6 yrs
Board of Directors Tenure

Average tenure and age of the Schoeller-Bleckmann Oilfield Equipment board of directors in years:

3.1
Average Tenure
65
Average Age
  • The tenure for the Schoeller-Bleckmann Oilfield Equipment board of directors is about average.
Board of Directors

Norbert Zimmermann

TITLE
Chairman of Supervisory Board
COMPENSATION
€35K
AGE
71

Brigitte Ederer

TITLE
Deputy Chairman of Supervisory Board
COMPENSATION
€24K
AGE
62
TENURE
1.1 yrs

Karl Schleinzer

TITLE
Member of Supervisory Board
COMPENSATION
€25K
AGE
72
TENURE
24 yrs

Helmut Langanger

TITLE
Member of Supervisory Board
COMPENSATION
€25K
AGE
68
TENURE
16.1 yrs

Wolfram Littich

TITLE
Member of Supervisory Board
COMPENSATION
€25K
AGE
59
TENURE
3.1 yrs

Sonja Zimmermann

TITLE
Member of Supervisory Board
AGE
46
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Schoeller-Bleckmann Oilfield Equipment's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Schoeller-Bleckmann Oilfield Equipment has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft designs, manufactures, and sells drilling equipment for the oil and gas industry worldwide. The company operates in two segments, Advanced Manufacturing & Services, and Oilfield Equipment. The company offers non-magnetic steel grades. It also provides high precision measurement while drilling and logging while drilling components, such as collars for use as housings for special logging instruments, sensors, antennas, and generators; and internals that consist of electronic components and other parts for measuring and analyzing applications. In addition, the company offers non-magnetic drill collars; oil tools, including reamers, hole openers, stabilizers, circulation and crossover subs, jars, shocks, etc.; and drilling motors for use in directional and horizontal drilling for oil and gas bits, or thru tubing applications. Further, it provides downhole circulation tools, which actuate the flow path of the drilling fluid in the drillstring; and completion tools to serve the multistage completion market, as well as provides repair and maintenance services. The company was founded in 1994 and is based in Ternitz, Austria.

Details
Name: Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
SBOE.Y
Exchange: OTCPK
Founded: 1994
€1,299,620,711
15,949,403
Website: http://www.sbo.at
Address: Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
Hauptstrasse 2,
Ternitz,
Lower Austria, 2630,
Austria
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
WBAG SBO Common Stock Wiener Boerse AG AT EUR 03. Sep 1997
OTCPK SBOE.F Common Stock Pink Sheets LLC US USD 03. Sep 1997
DB SLL Common Stock Deutsche Boerse AG DE EUR 03. Sep 1997
XTRA SLL Common Stock XETRA Trading Platform DE EUR 03. Sep 1997
LSE 0O05 Common Stock London Stock Exchange GB EUR 03. Sep 1997
SWX SBO Common Stock SIX Swiss Exchange CH CHF 03. Sep 1997
BATS-CHIXE SBOV Common Stock BATS 'Chi-X Europe' GB EUR 03. Sep 1997
OTCPK SBOE.Y UNSPONSORED ADR Pink Sheets LLC US USD 21. Jun 2013
Number of employees
Current staff
Staff numbers
1,634
Schoeller-Bleckmann Oilfield Equipment employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 00:38
End of day share price update: 2019/04/04 00:00
Last estimates confirmation: 2019/05/24
Last earnings filing: 2019/05/23
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.