Company Valuation: NorAm Drilling

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 210.5 2,446 1,769 1,449 1,429 2,068 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 44.68% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,996 2,003 2,003
Change - 998.22% -29.02% -17.38% -1.91% 50.06% 0.34% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 11x 8.66x 7.88x
PBR - - 2.18x 2.21x 2.66x 4.09x 4.14x 4.41x
PEG - -0x 0.3x -0.7x 0x 0.3x 0.3x 0.79x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.91x 1.75x 1.7x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.85x 1.69x 1.64x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 7.9x 6.05x 5.55x
EV / EBIT - 32.8x 7.05x 28.5x 10x 10.1x 7.31x 6.59x
EV / FCF - 17.8x 3.76x 10.3x - 12.7x 7.86x 6.59x
FCF Yield - 5.61% 26.6% 9.67% - 7.86% 12.7% 15.2%
Dividend per Share 2 - - - - - 4.92 5.948 6.546
Rate of return - - - - - 10.3% 12.5% 13.7%
EPS 2 -7.784 3.376 4.521 0.5571 3.255 4.351 5.508 6.056
Distribution rate - - - - - 113% 108% 108%
Net sales 1 - 976.5 1,244 1,149 968.1 1,081 1,184 1,220
EBITDA 1 - 267 434.2 268.5 191.5 252.5 331.1 360.9
EBIT 1 - 70.43 232.8 47.6 132.4 197.2 274 303.8
Net income 1 -181 30.47 198.9 25.11 141.8 190.3 240.6 265.6
Net Debt 1 - -134 -127.6 -93.05 -99.41 -72.22 -65.52 -65.52
Reference price 2 9.00 56.70 41.00 33.50 33.00 47.70 47.70 47.70
Nbr of stocks (in thousands) 23,392 43,141 43,141 43,255 43,318 43,358 - -
Announcement Date 25/5/22 20/2/23 22/2/24 19/2/25 19/2/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.51x5.24x11.83x4.5% 24.38B
62.58x2.96x9.63x4.61% 6.93B
18.06x2.67x7.56x-.--% 6.31B
24.69x2.94x12.77x-.--% 5.94B
20.48x3.74x7.83x2.92% 4.75B
-242.53x1.06x5.47x3.47% 4.39B
-71.44x1.35x5.99x2.61% 3.91B
79.08x2.1x7.38x-.--% 3.06B
10.23x3.16x5.88x9.11% 2.64B
Average -9.15x 2.80x 8.26x 3.03% 6.92B
Weighted average by Cap. 1.91x 3.61x 9.65x 3.29%

Y-o-Y evolution of P/E

Valuation ratios - P/E - NorAm Drilling

Historical PBR trend

Valuation ratios - PBR - NorAm Drilling

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - NorAm Drilling

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - NorAm Drilling


Year-on-year evolution of the Yield

Valuation ratios - Yield - NorAm Drilling