SBFFF (SBM Offshore NV) ROCE %: 16.24% (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 ROCE %?

SBM Offshore NV SBFFF 78 ROCE % is 16.24% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. SBM Offshore NV's annualized ROCE % for the quarter that ended in Dec. 2025 was 16.24%.

SBM Offshore NV  (OTCPK:SBFFF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

SBM Offshore NV ROCE % Related Terms

SBM Offshore NV ROCE % Historical Data

* Premium members only.

The historical data trend for SBM Offshore NV's ROCE % 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 ROCE % Chart

SBM Offshore NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.14 9.35 9.95 7.89 14.35

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
ROCE % 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 10.11 8.34 7.24 11.51 16.24
SBFFF
78GF Score
SBM Offshore NV SBFFF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SBM Offshore NV ROCE % Calculation

SBM Offshore NV's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1984/( ( (17157 - 2887) + (18097 - 4713) )/ 2 )
=1984/( (14270+13384)/ 2 )
=1984/13827
=14.35 %

SBM Offshore NV's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=2292/( ( (17849 - 3005) + (18097 - 4713) )/ 2 )
=2292/( ( 14844 + 13384 )/ 2 )
=2292/14114
=16.24 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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 ROCE % →
What does a ROCE % of 16.24% mean?
SBM Offshore NV (SBFFF) has a ROCE % of 16.24% as of Dec. 2025.
Is SBM Offshore NV's ROCE % too high?
SBM Offshore NV's current ROCE % is 16.24%. The Oil & Gas industry median ROCE % is 6.79. SBM Offshore NV's value of 16.24% is 139.2% above this industry median. 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 ROCE % compare to SLB and BKR?
SBM Offshore NV's ROCE % of 16.24% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. SBM Offshore NV's value of 16.24% is 139.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBM Offshore NV's current ROCE % of 16.24% is 139.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBM Offshore NV's current ROCE % is 16.24%. 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 ROCE % is 16.24% and 139.2% above the Oil & Gas industry median of 6.79. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For SBM Offshore NV (SBFFF), the current ROCE % is 16.24% 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:

  • ROCE %: 16.24%
  • GF Value™: $22.49 vs. price of $38.00 (69% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 139.2% above the Oil & Gas median

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

$38.00
Price
$22.49
GF Value