SBM Offshore NV (SBMO.AS) WACC Analysis

As of July 17, 2025, SBM Offshore NV (SBMO.AS) carries a Weighted Average Cost of Capital (WACC) of 6.2%. WACC reflects the blended rate SBM Offshore NV must pay to both equity and debt holders.

Within that, the cost of equity is 9.0%, the cost of debt is 4.4%, and the effective tax rate is 12.0%.

Breakdown of WACC Components

• Long-term bond rate: 2.6% – 3.1%
• Equity market risk premium: 5.1% – 6.1%
• Adjusted beta: 1.26 – 1.35
• Additional risk adjustment: 0.0% – 0.5%
• Debt-to-equity ratio: 1.86

What It Means for Investors

With a selected WACC of 6.2%, SBM Offshore NV must ensure any new investment returns exceed this threshold to generate shareholder value. This level reflects an attractive low cost of capital.