XAMSSBMO
Market cap3.05bUSD
Dec 20, Last price
16.80EUR
1D
-0.12%
1Q
1.88%
Jan 2017
12.64%
Name
SBM Offshore NV
Chart & Performance
Profile
SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. The company operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg platforms, liquefied natural gas (LNG) FPSOs, turret mooring systems, LNG regasification to power vessels, floating offshore wind, and brownfield and offshore loading terminals. The company also provides catenary anchor leg mooring (CALM) or single point mooring (SPM) terminal; as well as provides solutions for floating unit mooring, flexible flowline, and subsea structure installation works. As of December 31, 2021, it operated a fleet of 14 FPSOs and 1 semi-submersible unit. The company was formerly known as IHC Caland and changed its name to SBM Offshore N.V. in 2005. SBM Offshore N.V. was founded in 1862 and is headquartered in Schiphol, the Netherlands.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 4,962,000 1.00% | 4,913,000 31.08% | 3,748,000 7.21% | |||||||
Cost of revenue | 3,785,000 | 3,936,000 | 3,032,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,177,000 | 977,000 | 716,000 | |||||||
NOPBT Margin | 23.72% | 19.89% | 19.10% | |||||||
Operating Taxes | (25,000) | 104,000 | 71,000 | |||||||
Tax Rate | 10.64% | 9.92% | ||||||||
NOPAT | 1,202,000 | 873,000 | 645,000 | |||||||
Net income | 491,000 9.11% | 450,000 12.50% | 400,000 21.95% | |||||||
Dividends | (198,000) | (217,000) | (292,000) | |||||||
Dividend yield | 8.76% | 8.23% | 12.01% | |||||||
Proceeds from repurchase of equity | (5,000) | 3,247,000 | ||||||||
BB yield | 0.22% | -133.57% | ||||||||
Debt | ||||||||||
Debt current | 1,104,000 | 1,691,000 | 1,771,000 | |||||||
Long-term debt | 8,271,000 | 6,919,000 | 5,984,000 | |||||||
Deferred revenue | 397,000 | |||||||||
Other long-term liabilities | 487,000 | 461,000 | 133,000 | |||||||
Net debt | 8,544,000 | 7,638,000 | 6,374,000 | |||||||
Cash flow | ||||||||||
Cash from operating activities | (169,000) | (1,049,000) | (757,000) | |||||||
CAPEX | (128,000) | (82,000) | (61,000) | |||||||
Cash from investing activities | (142,000) | 67,000 | 5,000 | |||||||
Cash from financing activities | 170,000 | 646,000 | 1,359,000 | |||||||
FCF | 7,989,000 | (9,268,000) | (1,086,000) | |||||||
Balance | ||||||||||
Cash | 543,000 | 682,000 | 1,020,000 | |||||||
Long term investments | 288,000 | 290,000 | 361,000 | |||||||
Excess cash | 582,900 | 726,350 | 1,193,600 | |||||||
Stockholders' equity | 4,325,000 | 3,949,000 | 2,918,000 | |||||||
Invested Capital | 14,724,100 | 13,081,650 | 10,447,400 | |||||||
ROIC | 8.65% | 7.42% | 7.49% | |||||||
ROCE | 7.60% | 7.06% | 6.14% | |||||||
EV | ||||||||||
Common stock shares outstanding | 181,504 | 179,872 | 185,645 | |||||||
Price | 12.45 -15.08% | 14.66 11.95% | 13.10 -15.87% | |||||||
Market cap | 2,259,730 -14.30% | 2,636,916 8.47% | 2,431,021 -18.43% | |||||||
EV | 12,600,730 | 11,791,916 | 10,109,021 | |||||||
EBITDA | 1,242,000 | 1,062,000 | 828,000 | |||||||
EV/EBITDA | 10.15 | 11.10 | 12.21 | |||||||
Interest | 737,000 | 383,000 | 304,000 | |||||||
Interest/NOPBT | 62.62% | 39.20% | 42.46% |