Schoeller-Bleckmann Oilfield Equipment AG (SBOEY) AI Stock Analysis

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Schoeller-Bleckmann Oilfield Equipment AG

(OTC:SBOEY)

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Neutral 62 (OpenAI - 4o)

Rating:62Neutral

Price Target:

$3.50

▲(14.38% Upside)

The overall stock score is primarily influenced by solid valuation metrics, including a low P/E ratio and high dividend yield, which provide a strong investment case. However, this is offset by weak technical indicators and challenges in financial performance, particularly in revenue growth and cash flow generation.

Schoeller-Bleckmann Oilfield Equipment AG (SBOEY) vs. SPDR S&P 500 ETF (SPY)

Market Cap

$479.85M

Dividend Yield3.36%

Average Volume (3M)0.00

Price to Earnings (P/E)11.5

Beta (1Y)0.65

Revenue Growth-8.66%

EPS Growth-27.49%

CountryUS

Employees1,596

SectorEnergy

Sector Strength52

IndustryOil & Gas Equipment & Services

Share Statistics

EPS (TTM)0.04

Shares Outstanding160,000,000

10 Day Avg. Volume0

30 Day Avg. Volume0

Financial Highlights & Ratios

PEG Ratio-1.08

Price to Book (P/B)9.27

Price to Sales (P/S)8.15

P/FCF Ratio71.48

Enterprise Value/Market Cap1.39

Enterprise Value/Revenue1.27

Enterprise Value/Gross Profit4.11

Enterprise Value/Ebitda6.58

Forecast

1Y Price Target

$3.50

Price Target Upside14.38% Upside

Rating ConsensusHold

Number of Analyst Covering1

Schoeller-Bleckmann Oilfield Equipment AG Business Overview & Revenue Model

Company DescriptionSCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft (SBO) is the global market leader in high-precision components made of high-alloy steel and a leading supplier of key components for the oilfield service industry. The business focus is on non-magnetic drillstring components and high-tech downhole tools for drilling and completing directional and horizontal wells.

How the Company Makes MoneySchoeller-Bleckmann Oilfield Equipment AG generates revenue through several key streams, primarily through the sale of its specialized drilling equipment and related services. The company’s core offerings include non-magnetic drill pipes, downhole tools, and other critical components that are essential for efficient drilling operations. Additionally, SBOEY earns income from providing repair and maintenance services for its equipment, ensuring continued performance and reliability for its clients. Strategic partnerships with major players in the oil and gas sector enhance its market reach and operational capabilities, contributing to sustained revenue growth. Market demand for efficient and advanced drilling solutions, particularly in challenging environments, drives the company’s earnings, making it well-positioned to capitalize on the industry's evolving needs.

Schoeller-Bleckmann Oilfield Equipment AG Earnings Call Summary

Earnings Call Date:Aug 21, 2025

(Q3-2024)

% Change Since: |

Next Earnings Date:Nov 20, 2025

Earnings Call Sentiment Neutral

The call presented a mix of positive and negative aspects. While there are solid achievements in cash flow improvement, regional expansion, and strategic initiatives, the company faces sales decline, particularly in the AMS division, and challenges from foreign exchange losses.

Q3-2024 Updates

Positive Updates

Solid Cash Flow and Balance Sheet Improvement

Free cash flow increased to more than EUR 42 million, significantly above the previous two years, driven by lower working capital. Cash increased significantly compared to half-year figures due to a successful financing round and strong cash flow generation. Net debt further decreased, and the gearing improved.

Regional Expansion and Strategic Achievements

Double-digit sales growth in the Middle East and Latin America. Successfully moved into a new facility in Saudi Arabia, providing more space for assembly, service, and sales activities. Won an ESG award, highlighting commitment to sustainability.

Oilfield Equipment Division Improvement

Oilfield Equipment returning to profitability with promising sales and profit increase in the third quarter, driven by internationalization efforts, despite a weak U.S. market.

Negative Updates

Sales Decline and Market Challenges

Sales decreased by 3% year-to-date compared to the previous year, impacted by weakness in the U.S. market. Group EBIT of EUR 51.8 million is well below the previous year.

AMS Division Performance Decline

AMS division faced a decline with EUR 222 million in sales compared to EUR 250 million the previous year, down 11%. Q3 performance impacted by lower sales, foreign exchange losses, and moderated customer demand.

Foreign Exchange Losses

Significant foreign exchange losses of almost EUR 3 million in the third quarter of AMS, impacting overall profitability.

Company Guidance

During the Q3 2024 earnings call for Schoeller-Bleckmann, the executives highlighted several financial metrics and provided guidance. The company achieved sales of EUR 425.6 million, a slight 3% decrease from the previous year, with Oilfield Equipment sales showing a 9% increase driven by international expansion. The bookings for Q3 were EUR 124 million, 4% lower than Q2, but 5% higher than Q1. EBIT for the group was reported at EUR 51.8 million, significantly lower than last year due to challenges in the Oilfield Equipment division's first half performance and foreign exchange losses in the AMS segment. Despite this, the company showed strong cash flow with a free cash flow exceeding EUR 42 million, and gearing improved to 19.6%. The executives emphasized ongoing efforts in regional expansion, particularly in the Middle East and Latin America, and noted a strategic recalibration to be shared in early 2025. While the long-term outlook remains positive, the near-term environment is cautious due to market volatility and economic slowdowns, with the AMS division experiencing moderated demand.

Schoeller-Bleckmann Oilfield Equipment AG Financial Statement Overview

Summary

Schoeller-Bleckmann Oilfield Equipment AG demonstrates solid profitability margins and a stable balance sheet, but faces challenges with declining revenue growth and cash flow generation. The company maintains a manageable level of leverage, but needs to address the negative trends in revenue and free cash flow to enhance financial performance.

Income Statement

Positive

The company shows a strong gross profit margin of 30.88% TTM, indicating efficient cost management. However, the net profit margin has decreased to 7.39% TTM, reflecting reduced profitability. Revenue growth has been negative at -3.11% TTM, suggesting challenges in maintaining sales momentum. Despite these challenges, the EBIT and EBITDA margins remain healthy at 13.37% and 19.30% TTM, respectively.

Balance Sheet

Positive

The debt-to-equity ratio is 0.89 TTM, indicating moderate leverage, which is manageable but has increased from previous years. Return on equity is 8.45% TTM, showing a decline in shareholder returns. The equity ratio stands at 46.98% TTM, reflecting a stable capital structure with a reasonable level of equity financing.

Cash Flow

Neutral

The free cash flow growth rate is negative at -25.18% TTM, highlighting a decline in cash generation. The operating cash flow to net income ratio is 0.59 TTM, indicating moderate cash conversion efficiency. The free cash flow to net income ratio is 0.60 TTM, suggesting a reasonable level of free cash flow relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	526.02M	560.45M	585.87M	501.24M	292.81M	291.16M
Gross Profit	162.45M	170.30M	202.60M	168.85M	75.96M	66.07M
EBITDA	101.54M	107.66M	131.75M	130.68M	54.53M	37.89M
Net Income	38.88M	45.32M	71.57M	75.20M	20.98M	-21.70M
Balance Sheet
Total Assets	890.71M	986.11M	836.42M	903.10M	805.61M	777.89M
Cash, Cash Equivalents and Short-Term Investments	278.86M	314.69M	162.35M	287.76M	291.75M	313.95M
Total Debt	372.59M	381.69M	263.59M	262.65M	288.52M	311.83M
Total Liabilities	472.15M	493.41M	388.40M	478.08M	464.73M	490.85M
Stockholders Equity	418.56M	492.70M	448.02M	425.02M	340.88M	287.04M
Cash Flow
Free Cash Flow	55.80M	63.88M	49.05M	21.41M	3.48M	78.11M
Operating Cash Flow	93.34M	98.43M	86.53M	52.38M	22.91M	94.34M
Investing Cash Flow	-35.76M	-31.59M	-53.39M	-25.32M	-39.90M	-14.21M
Financing Cash Flow	81.38M	79.21M	-152.91M	-44.48M	-24.41M	-9.66M

Schoeller-Bleckmann Oilfield Equipment AG Technical Analysis

Technical Analysis Sentiment

Negative

Last Price3.06

Price Trends

50DMA

3.30

Negative

100DMA

3.41

Negative

200DMA

3.39

Negative

Market Momentum

MACD

-0.07

Negative

RSI

37.16

Neutral

STOCH

69.95

Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SBOEY, the sentiment is Negative. The current price of 3.06 is below the 20-day moving average (MA) of 3.13, below the 50-day MA of 3.30, and below the 200-day MA of 3.39, indicating a bearish trend. The MACD of -0.07 indicates Negative momentum. The RSI at 37.16 is Neutral, neither overbought nor oversold. The STOCH value of 69.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SBOEY.

Schoeller-Bleckmann Oilfield Equipment AG Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TTI	82 Outperform	706.38M	6.12	39.56%	―	-3.23%	1031.00%
NESR	77 Outperform	981.89M	13.44	8.40%	―	0.00%	0.00%
CLB	66 Neutral	561.32M	18.90	11.08%	0.33%	0.70%	5.97%
SBOEY	62 Neutral	$479.85M	11.48	8.55%	3.36%	-8.66%	-27.49%
OIS	53 Neutral	346.59M	50.93	-1.65%	―	-12.15%	0.00%
PUMP	48 Neutral	504.24M	-3.32	-16.89%	―	-10.91%	-580.59%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

* Energy Sector Average

Performance Comparison

SBOEY

Schoeller-Bleckmann Oilfield Equipment AG

3.06

-0.14

-4.38%

CLB

Core Laboratories

11.97

-7.15

-37.40%

OIS

Oil States International

5.79

0.97

20.12%

TTI

Tetra Technologies

5.30

2.21

71.52%

PUMP

Propetro Holding

4.85

-3.50

-41.92%

NESR

National Energy Services Reunited

10.18

0.63

6.60%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 03, 2025