CMB.TECH NV Ordinary Shares (CMBT)

FairStock Score: 46/100 — MIXED

Key Financials

Strengths

• Strong Piotroski F-Score of 9/9 indicating robust financial health across profitability, leverage, and efficiency metrics
• Revenue growth of 160.6% demonstrates strong top-line momentum

Concerns

• High leverage at 2.12x debt-to-equity increases financial risk and interest expense burden
• Altman Z-Score of 0.6 places it in the financial distress zone—elevated bankruptcy risk

AI Analysis

CMB.TECH NV Ordinary Shares is a small-cap energy company valued at $3.8 billion. The business generates $1.7 billion in annual revenue with a 5.4% net margin. From a quality standpoint, CMB.TECH shows near-perfect Piotroski F-Score of 9/9 indicating exceptional financial health and distressed Altman Z-Score of 0.6 warrants caution. On valuation, the stock is reasonably priced at 18.8x earnings, with trades above its Graham Number with a negative 9% margin. Growth dynamics show revenue growing at 160.6% and profit growth of -4.4%. The 1.6% dividend yield adds an income component for patient holders. Our composite FairStock Score of 46/100 reflects mixed fundamentals overall. Investors should weigh the business quality against the current price and their own margin of safety requirements.

Bull Case

CMB.TECH's 161% revenue growth trajectory could accelerate as it captures additional market share in the energy sector. Operational leverage in the business model means incremental revenue growth could disproportionately boost bottom-line profitability.

Bear Case

Elevated leverage at 2.1x D/E means rising interest rates or revenue weakness could strain debt covenants and force asset sales at distressed prices. Regulatory changes, input cost inflation, or demand normalization represent underappreciated risks that could materially impact forward estimates.

Data from SEC filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer