SBM Offshore NVHAM:IHCB +1.04%73 EBITDA Margin % is 38.59% as of Dec. 2025, which is 46% above its 10-year median of 26.37. GuruFocus rates HAM:IHCB with a GF Score™ of 73/100 and a GF Value™ of €20.82 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 916 Oil & Gas companies, SBM Offshore NV ranks better than 70.63% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. SBM Offshore NV's EBITDA for the
six
months ended in Dec. 2025 was €1,009 Mil. SBM Offshore NV's Revenue for the
six
months ended in Dec. 2025 was €2,616 Mil. Therefore, SBM Offshore NV's EBITDA margin for the quarter that ended in Dec. 2025 was 38.59%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
SBM Offshore NV EBITDA Margin % Related Terms
SBM Offshore NV EBITDA Margin % Historical Data
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The historical data trend for SBM Offshore NV's EBITDA Margin % 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.
HAM:IHCB vs SLB, BKR, HAL: EBITDA Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, SBM Offshore NV's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SBM Offshore NV's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where SBM Offshore NV's EBITDA Margin % falls into.
* 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 (HAM:IHCB) has a EBITDA Margin % of 38.59% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on SBM Offshore NV and its competitors. This is 46% above median its historical median of 26.37. Over the past decade, SBM Offshore NV's EBITDA Margin % has ranged from 19.72 to 40.22. According to the industry distribution chart, SBM Offshore NV ranks #269 out of 916 companies in the Oil & Gas industry, placing it in the top 29.4%.
Is SBM Offshore NV's EBITDA Margin % too high?
SBM Offshore NV's current EBITDA Margin % of 38.59% is 46% above median its 10-year median of 26.37. Over the past 10 years, this metric has ranged from a low of 19.72 to a high of 40.22. The Oil & Gas industry median EBITDA Margin % is 13.80. SBM Offshore NV's value of 38.59% is 179.6% above this industry median. Based on the distribution chart, SBM Offshore NV ranks #269 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, SBM Offshore NV has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBM Offshore NV's EBITDA Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, SBM Offshore NV ranks #269 out of 916 companies for EBITDA Margin %. This puts SBM Offshore NV in the upper half of its industry. The industry median EBITDA Margin % is 13.80. SBM Offshore NV's value of 38.59% is 179.6% above this benchmark. Historically, SBM Offshore NV's own EBITDA Margin % has ranged from 19.72 to 40.22 over the past decade. While the company's 10-year median is 26.37 vs. the industry median of 13.80, 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 EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBM Offshore NV's current EBITDA Margin % of 38.59% is 179.6% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on SBM Offshore NV and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBM Offshore NV's current EBITDA Margin % is 38.59%, which is 46% above median its own 10-year median of 26.37. 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 (HAM:IHCB) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.82, compared to a current price of €32.94 — trading 58.2% above its estimated fair value. The current EBITDA Margin % is 38.59%, which is 46% above median its 10-year median of 26.37 and 179.6% above the Oil & Gas industry median of 13.80. SBM Offshore NV's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For SBM Offshore NV (HAM:IHCB), the current EBITDA Margin % is 38.59% 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 (HAM:IHCB) Overvalued in 2026?
Based on GuruFocus' analysis, SBM Offshore NV stock appears to be overvalued.
The current stock price of €32.94 is trading 58.2% above its estimated GF Value™ of €20.82.
GuruFocus considers SBM Offshore NV to be Significantly Overvalued.
Key valuation signals for HAM:IHCB:
EBITDA Margin %: 38.59% (46% above median its 10-year median of 26.37)
GF Value™: €20.82 vs. price of €32.94 (58.2% above fair value)
Industry Position: 179.6% above the Oil & Gas median (#269 of 916)
No single metric tells the full story. See the HAM:IHCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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