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BWO.OL$45.80+0.99%
Fair $45.80+0.0%

BWO.OL

BW Offshore Limited

Energy / Oil & Gas Equipment & ServicesOslo

$45.80

+0.45 (+0.99%)

Fairly Valued+0.0%Fair Value $45.80Fund rank 20/100 · Data gapFallback financials|
SA 39/D
F-Score: 7/9
Declining Revenue

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 14%

FCF escenarios

weak_data · normalized FCF $-17.0M · quality 25.7/100

Data gap 20/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 10/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

39/100

D

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. Revenue has declined for 3 consecutive years
Thesis & Journal · BWO.OLLocal privado en este navegador · BW Offshore Limited
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$8.3B

P/E

6.7x

↓

EV/EBITDA

34.9x

↑

ROE

11.7%

↑

Gross Margin

81.3%

↑

Debt/Equity

1.42

↑
52-Week Range$46
$30$54

TradingView lightweight chart

BWO.OL price, volumen y niveles de valoración

Último $45.95Periodo -80.7%
Fair value: $45.80

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-13.0%

FCF CAGR

—

FCF margin

14.9%

FCF / Net income

0.57x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $509.5M · net income $134.3M · FCF $76.1M

2022-FY → 2025-FY

Gross margin

81.3%+8.2% pts

Operating margin

28.4%+10.7% pts

Net margin

26.4%+9.6% pts

FCF margin

14.9%+25.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$509.5M$509.5M$606.7M$659.2M$774.1M
Net Income$134.3M$134.3M$120.6M$100.4M$129.7M
EBITDA$272.8M$272.8M$343.6M$350.0M$405.9M
EPS0.740.740.630.520.66
Gross Margin81.3%81.3%70.7%71.6%73.0%
Operating Margin28.4%28.4%23.1%17.9%17.7%
Net Margin26.4%26.4%19.9%15.2%16.8%
Balance Sheet
Debt/Equity1.421.421.471.561.36
Current Ratio1.751.75———
Cash Flow
Free Cash Flow$76.1M$76.1M$-17.0M$-245.8M$-79.2M
Returns
ROE11.7%11.7%11.1%10.0%13.8%
Valuation
P/E6.676.6750.4043.8836.41
EV/EBITDA34.9534.9522.3916.9615.06
P/B7.247.245.874.705.40
Growth & Yield
Revenue Growth-16.0%-16.0%-8.0%-14.8%—
EPS Growth17.5%17.5%21.2%-21.2%—
Dividend Yield7.6%7.6%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

76.4%

muy exigente

EPS terminal req.

$4.06

Spread vs growth

-59.0%

5Y implied EPS CAGR

46.0%

muy exigente

EPS terminal req.

$4.92

Spread vs growth

-28.6%

10Y implied EPS CAGR

26.7%

muy exigente

EPS terminal req.

$7.92

Spread vs growth

-9.3%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +51.8%

Total return

+51.8%

Start / end P/E

50.6x → 62.1x

EPS bridge

0.63 → 0.74

Residual

+4.0%

EPS growth+17.5%
Multiple rerating+22.8%
Dividend+7.6%
Residual / FX / buybacks / cross-term+4.0%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.