SBM Offshore stock
SBMO.ASAMSSBM Offshore N.V., EnergyISIN NL0000360618
70Score 70 out of 100, Strong
Price and trend
59 / 100
Price history
+51% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 0.2% below it.
Since March 2024 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 40).
The price is 8.9% below its 52-week high. Largest decline in 20 years: 74% (July 2007 to November 2012).
Chart figures for advanced users
- SMA 50$39.10
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$37.63
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)40
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$26.57
- The lowest closing price of the last twelve months.
- Resistance$41.24
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- SBM Offshore N.V. belongs to the Oil & Gas Equipment & Services industry (Netherlands) and, with a market value of $6.18B, is number 15 of 52 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $6.14B (up 28.4% year on year) and earnings of $959.59M (up 539.7%).
- MEQIRI Score 70 out of 100 (Strong): rank 52 of 266 in Energy, median 60.
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- The P/E is 6.9 (Oil & Gas Equipment & Services median 25.3, own median of recent years 7.2).
- Our model puts fair value at $76.56, with the price 51% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 40.6% a year since 2020.Growth 75
- Earnings turn into cashFree cash flow 302% of earnings over the last 12 months.Fundamentals 72
- Below fair valuePrice 51% below the fair value of $76.56.Valuation 99
Weaknesses
- Analysts expect falling earningsDown 10.4% a year through 2028 (estimates from 7 analysts).
- Interest barely coveredOperating profit covers interest only 2.4 times.Stability 55
- High debtDebt 1.08 times equity (latest quarter), Oil & Gas Equipment & Services median 0.59.Stability 55
Its standout strengths are valuation and capital allocation.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 69 to 70.
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- cyclical sector (energy or materials), as a group, crashed more often in the backtest
Valuation
Valuation signal
Significantly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $54.69 and expensive above $127.60 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $16.54 (cash-flow model) and $136.59 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 9.9%. At 10.9% the fair value would be $75.40, at 8.9% it would be $78.18.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (25.3).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 7.6% on the twelve months before. Revenue has grown solidly since 2006, at about 6% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 34%, operating 30%, net 16%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 18 Feb 2027in 98 days
- Last reported
- 6 Aug 2026EPS reported 4.24 (expected 3.06)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- 5.27+0.1%
- Revenue
- $6.68B+0.1%
- Earnings per share
- 3.76+0.1%
- Revenue
- $5.47B+0.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +3.3%2026 revenue guidance raised to about $7.6 billion (from about $6.9 billion), EBITDA to about $1.9 billion (from about $1.8 billion).
“Finally, to cover the details of the guidance update. 2026 directional revenue guidance is updated from above $6.9 billion to around $7.6 billion, of which around $2.4 billion is expected from the Lease and Operate segment and around $5.3 billion (sic) [ $5.2 billion ] expected from the Turnkey segment. 2026 …”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q2 2026), read by AI.
What happened at SBM Offshore
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
266 rated companies in Energy
- This company
- 70
- Sector median
- 60
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Oil & Gas Equipment & Services
The next larger and next smaller companies by market value
- Technip EnergiesTE.PA $6.8B63
- NOVNOV $6.42B50
- CNOOC Energy Technology & Services600968.SS $6.32B67
- Weatherford InternationalWFRD $6.28B66
- ArchrockAROC $4.67B56
- Solaris Energy InfrastructureSEI $4.5B45
- Kodiak Gas ServicesKGS $4.43B51
- CactusWHD $4.32B71
ETFs that hold SBM Offshore
Held by 32 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares EURO STOXX Small UCITS ETFIQQS | 1.39% | 0.40% | €405.6M |
| Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF DISTLGWU | 1.32% | 0.40% | €575.19M |
| Amundi STOXX Europe 600 Energy ESG Screened UCITS ETFOIGS | 1.10% | 0.30% | €270.54M |
Show 5 more
| UBS MSCI EMU Small Cap UCITS ETF EUR disUEFD | 0.86% | 0.28% | €627.81M |
| Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1DDXSA | 0.74% | 0.30% | €792.98M |
| iShares STOXX Europe Small 200 UCITS ETF (DE)EXSE | 0.60% | 0.20% | €632.25M |
| Ossiam Europe ESG Machine LearningOSX4 | 0.57% | 0.65% | €67.94M |
| Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF DistX026 | 0.51% | 0.23% | €319.31M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 12 Nov 2026, previously Neutral
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.