SBFFF (SBM Offshore NV) Debt-to-EBITDA : 3.87 (As of Dec. 2025) — 45% Below Median

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SBFFF SBM Offshore NV SBFFF
78 GF Score
Price $38.00
GF Value $22.94
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is SBM Offshore NV Debt-to-EBITDA?

SBM Offshore NV SBFFF 78 Debt-to-EBITDA is 3.87 as of Dec. 2025, which is 45% below its 10-year median of 7.07. GuruFocus rates SBFFF with a GF Score™ of 78/100 and a GF Value™ of $22.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 705 Oil & Gas companies, SBM Offshore NV ranks worse than 76.74% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

SBM Offshore NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $2,568 Mil. SBM Offshore NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $6,587 Mil. SBM Offshore NV's annualized EBITDA for the quarter that ended in Dec. 2025 was $2,364 Mil. SBM Offshore NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 3.87.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for SBM Offshore NV's Debt-to-EBITDA or its related term are showing as below:

SBFFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.44   Med: 7.07   Max: 15.18
Current: 4.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of SBM Offshore NV was 15.18. The lowest was 4.44. And the median was 7.07.

SBFFF's Debt-to-EBITDA is ranked worse than
76.74% of 705 companies
in the Oil & Gas industry
Industry Median: 2.01 vs SBFFF: 4.44

SBM Offshore NV  (OTCPK:SBFFF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


SBM Offshore NV Debt-to-EBITDA Related Terms


SBM Offshore NV Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SBM Offshore NV's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SBM Offshore NV Debt-to-EBITDA Chart

SBM Offshore NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.03 7.59 6.68 7.45 4.47

SBM Offshore NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.45 7.75 7.99 5.28 3.87

SBFFF vs SLB, BKR, HAL: Debt-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, SBM Offshore NV's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SBM Offshore NV Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SBM Offshore NV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SBM Offshore NV's Debt-to-EBITDA falls into.


SBFFF
78GF Score
SBM Offshore NV SBFFF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBM Offshore NV Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

SBM Offshore NV's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2568 + 6587) / 2050
=4.47

SBM Offshore NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2568 + 6587) / 2364
=3.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.87 mean?
SBM Offshore NV (SBFFF) has a Debt-to-EBITDA of 3.87 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on SBM Offshore NV. This is 45% below median its historical median of 7.07. Over the past decade, SBM Offshore NV's Debt-to-EBITDA has ranged from 4.44 to 15.18. According to the industry distribution chart, SBM Offshore NV ranks #541 out of 705 companies in the Oil & Gas industry, placing it in the top 76.7%.
Is SBM Offshore NV's Debt-to-EBITDA too high?
SBM Offshore NV's current Debt-to-EBITDA of 3.87 is 45% below median its 10-year median of 7.07. Over the past 10 years, this metric has ranged from a low of 4.44 to a high of 15.18. The Oil & Gas industry median Debt-to-EBITDA is 2.01. SBM Offshore NV's value of 3.87 is 92.5% above this industry median. Based on the distribution chart, SBM Offshore NV ranks #541 out of 705 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, SBM Offshore NV has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBM Offshore NV's Debt-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, SBM Offshore NV ranks #541 out of 705 companies for Debt-to-EBITDA. This places SBM Offshore NV in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. SBM Offshore NV's value of 3.87 is 92.5% above this benchmark. Historically, SBM Offshore NV's own Debt-to-EBITDA has ranged from 4.44 to 15.18 over the past decade. While the company's 10-year median is 7.07 vs. the industry median of 2.01, SBM Offshore NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBM Offshore NV's current Debt-to-EBITDA of 3.87 is 92.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on SBM Offshore NV. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBM Offshore NV's current Debt-to-EBITDA is 3.87, which is 45% below median its own 10-year median of 7.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBM Offshore NV stock overvalued right now?
Based on GuruFocus' analysis, SBM Offshore NV (SBFFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.94, compared to a current price of $38.00 — trading 65.6% above its estimated fair value. The current Debt-to-EBITDA is 3.87, which is 45% below median its 10-year median of 7.07 and 92.5% above the Oil & Gas industry median of 2.01. SBM Offshore NV's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For SBM Offshore NV (SBFFF), the current Debt-to-EBITDA is 3.87 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SBM Offshore NV (SBFFF) Overvalued in 2026?

Based on GuruFocus' analysis, SBM Offshore NV stock appears to be overvalued. The current stock price of $38.00 is trading 65.6% above its estimated GF Value™ of $22.94. GuruFocus considers SBM Offshore NV to be Significantly Overvalued.

Key valuation signals for SBFFF:

  • Debt-to-EBITDA: 3.87 (45% below median its 10-year median of 7.07)
  • GF Value™: $22.94 vs. price of $38.00 (65.6% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 92.5% above the Oil & Gas median (#541 of 705)

No single metric tells the full story. See the SBFFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SBM Offshore NV Business Description

Industry EnergyOil & Gas
Address Evert van de Beekstraat 1-77, Schiphol, Amsterdam, NH, NLD, 1118 CL
SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy, and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and the turnkey segment includes revenues from Turnkey supply contracts and after-sales services.
78GF Score

Get the complete analysis for SBFFF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.00
Price
$22.94
GF Value