SBFFF (SBM Offshore NV) Research & Development: $35 Mil (TTM As of Dec. 2025)


SBFFF SBM Offshore NV SBFFF
78 GF Score
Price $38.00
GF Value $22.49
Valuation Significantly Overvalued
! 2 Warning Signs
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What is SBM Offshore NV Research & Development?

SBM Offshore NV SBFFF 78 Research & Development is $35 Mil as of Dec. 2025. GuruFocus rates SBFFF with a GF Score™ of 78/100 and a GF Value™ of $22.49 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. SBM Offshore NV's Research & Development for the six months ended in Dec. 2025 was $20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was $35 Mil.

SBM Offshore NV  (OTCPK:SBFFF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

SBM Offshore NV Research & Development Related Terms

SBM Offshore NV Research & Development Historical Data

* Premium members only.

The historical data trend for SBM Offshore NV's Research & Development 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 Research & Development Chart

SBM Offshore NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.00 35.00 37.00 40.00 35.00

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
Research & Development 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 20.00 19.00 21.00 15.00 20.00
SBFFF
78GF Score
SBM Offshore NV SBFFF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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SBM Offshore NV Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $35 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $35 Mil mean?
SBM Offshore NV (SBFFF) has a Research & Development of $35 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on SBM Offshore NV and its competitors.
Is SBM Offshore NV's Research & Development too high?
SBM Offshore NV's current Research & Development is $35 Mil. 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 Research & Development compare to SLB and BKR?
SBM Offshore NV's Research & Development of $35 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on SBM Offshore NV and its competitors. SBM Offshore NV's current Research & Development is $35 Mil. 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 $22.49, compared to a current price of $38.00 — trading 69% above its estimated fair value. The current Research & Development is $35 Mil. SBM Offshore NV's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For SBM Offshore NV (SBFFF), the current Research & Development is $35 Mil 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 69% above its estimated GF Value™ of $22.49. GuruFocus considers SBM Offshore NV to be Significantly Overvalued.

Key valuation signals for SBFFF:

  • Research & Development: $35 Mil
  • GF Value™: $22.49 vs. price of $38.00 (69% above fair value)
  • GF Score™: 78/100 with 2 warning signs

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

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.00
Price
$22.49
GF Value