OTCPK:SBOE.Y

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Schoeller-Bleckmann Oilfield Equipment

Executive Summary

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft designs, manufactures, and sells drilling equipment for the oil and gas industry worldwide.


Snowflake Analysis

Solid track record with adequate balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Schoeller-Bleckmann Oilfield Equipment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SBOE.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

SBOE.Y

6.7%

US Energy Services

2.9%

US Market


1 Year Return

n/a

SBOE.Y

-49.2%

US Energy Services

9.5%

US Market

Return vs Industry: Insufficient data to determine how SBOE.Y performed against the US Energy Services industry.

Return vs Market: Insufficient data to determine how SBOE.Y performed against the US Market.


Shareholder returns

SBOE.YIndustryMarket
7 Day0%6.7%2.9%
30 Day0%7.0%5.1%
90 Dayn/a-30.0%2.5%
1 Yearn/a-47.4%-49.2%12.0%9.5%
3 Yearn/a-68.0%-72.3%30.8%22.1%
5 Yearn/a-73.2%-78.0%57.4%39.7%

Price Volatility Vs. Market

How volatile is Schoeller-Bleckmann Oilfield Equipment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Schoeller-Bleckmann Oilfield Equipment undervalued compared to its fair value and its price relative to the market?

11.7x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SBOE.Y ($2.6) is trading above our estimate of fair value ($2.52)

Significantly Below Fair Value: SBOE.Y is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SBOE.Y is good value based on its PE Ratio (11.7x) compared to the Energy Services industry average (12.5x).

PE vs Market: SBOE.Y is good value based on its PE Ratio (11.7x) compared to the US market (15.8x).


Price to Earnings Growth Ratio

PEG Ratio: SBOE.Y is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: SBOE.Y is overvalued based on its PB Ratio (1x) compared to the US Energy Services industry average (0.5x).


Next Steps

Future Growth

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

35.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SBOE.Y's forecast earnings growth (35.5% per year) is above the savings rate (2.2%).

Earnings vs Market: SBOE.Y's earnings (35.5% per year) are forecast to grow faster than the US market (22% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SBOE.Y's revenue (5.8% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: SBOE.Y's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SBOE.Y's Return on Equity is forecast to be low in 3 years time (6.7%).


Next Steps

Past Performance

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

22.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBOE.Y has high quality earnings.

Growing Profit Margin: SBOE.Y's current net profit margins (7.7%) are higher than last year (4.9%).


Past Earnings Growth Analysis

Earnings Trend: SBOE.Y's earnings have grown significantly by 22.5% per year over the past 5 years.

Accelerating Growth: SBOE.Y's earnings growth over the past year (53%) exceeds its 5-year average (22.5% per year).

Earnings vs Industry: SBOE.Y earnings growth over the past year (53%) exceeded the Energy Services industry -54.7%.


Return on Equity

High ROE: SBOE.Y's Return on Equity (8.8%) is considered low.


Next Steps

Financial Health

How is Schoeller-Bleckmann Oilfield Equipment's financial position?


Financial Position Analysis

Short Term Liabilities: SBOE.Y's short term assets (€526.4M) exceed its short term liabilities (€287.1M).

Long Term Liabilities: SBOE.Y's short term assets (€526.4M) exceed its long term liabilities (€205.9M).


Debt to Equity History and Analysis

Debt Level: SBOE.Y's debt to equity ratio (67.7%) is considered high.

Reducing Debt: SBOE.Y's debt to equity ratio has increased from 39.5% to 67.7% over the past 5 years.

Debt Coverage: SBOE.Y's debt is well covered by operating cash flow (29.5%).

Interest Coverage: SBOE.Y's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


Next Steps

Dividend

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

4.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SBOE.Y's dividend (4.92%) is higher than the bottom 25% of dividend payers in the US market (1.69%).

High Dividend: SBOE.Y's dividend (4.92%) is in the top 25% of dividend payers in the US market (4.52%)


Stability and Growth of Payments

Stable Dividend: SBOE.Y's dividend payments have been volatile in the past 10 years.

Growing Dividend: SBOE.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (57.5%), SBOE.Y's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SBOE.Y's dividends in 3 years are not forecast to be well covered by earnings (197.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average board tenure


CEO

Gerald Grohmann (66yo)

18.58yrs

Tenure

€1,199,000

Compensation

Engineer Gerald Grohmann has been Chief Executive Officer and Member of Executive Board at Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft since October 3, 2001 and served as its Chairman of Exec ...


CEO Compensation Analysis

Compensation vs Market: Gerald's total compensation ($USD1.33M) is below average for companies of similar size in the US market ($USD2.21M).

Compensation vs Earnings: Gerald's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Helmut Langanger
Member of Supervisory Board17yrs€34.35kno data
Wolfram Littich
Independent Member of Supervisory Board4yrs€34.35kno data
Norbert Zimmermann
Independent Chairman of Supervisory Boardno data€45.35kno data
Brigitte Ederer
Independent Deputy Chairwoman of Supervisory Board2yrs€35.35kno data
Sonja Zimmermann
Independent Member of Supervisory Board2yrs€24.23kno data

3.0yrs

Average Tenure

63yo

Average Age

Experienced Board: SBOE.Y's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
  • Ticker: SBOE.Y
  • Exchange: OTCPK
  • Founded: 1994
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: €383.653m
  • Listing Market Cap: €426.518m
  • Shares outstanding: 15.72m
  • Website: https://www.sbo.at

Number of Employees


Location

  • Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
  • Hauptstrasse 2
  • Ternitz
  • Lower Austria
  • 2630
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SLLDB (Deutsche Boerse AG)YesCommon StockDEEURSep 1997
SBOWBAG (Wiener Boerse AG)YesCommon StockATEURSep 1997
SLLXTRA (XETRA Trading Platform)YesCommon StockDEEURSep 1997
0O05LSE (London Stock Exchange)YesCommon StockGBEURSep 1997
SBOE.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1997
SBOVBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURSep 1997
SBOSWX (SIX Swiss Exchange)YesCommon StockCHCHFSep 1997
SBOE.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDJun 2013

Biography

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; and oil tools, including reamers, hole openers, stabilizers, circulation and crossover subs, jars, shocks, etc., as well as repair and maintenance services. Further, it provides drilling motors for use in directional and horizontal drilling for oil and gas bits, or thru tubing applications; downhole circulation tools, which actuate the flow path of the drilling fluid in the drillstring; and completion tools to serve the multistage completion market. The company was founded in 1994 and is based in Ternitz, Austria. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 06:13
End of Day Share Price2020/03/12 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.