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 2,016 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 41.04% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,944 1,951 1,951
Change - 998.22% -29.02% -17.38% -1.91% 46.15% 0.34% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 10.7x 8.44x 7.68x
PBR - - 2.18x 2.21x 2.66x 3.99x 4.04x 4.29x
PEG - -0x 0.3x -0.7x 0x 0.3x 0.3x 0.77x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.87x 1.7x 1.65x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.8x 1.65x 1.6x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 7.7x 5.89x 5.41x
EV / EBIT - 32.8x 7.05x 28.5x 10x 9.86x 7.12x 6.42x
EV / FCF - 17.8x 3.76x 10.3x - 12.4x 7.65x 6.42x
FCF Yield - 5.61% 26.6% 9.67% - 8.07% 13.1% 15.6%
Dividend per Share 2 - - - - - 4.92 5.948 6.546
Rate of return - - - - - 10.6% 12.8% 14.1%
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 46.50 46.50 46.50
Nbr of stocks (in thousands) 23,392 43,141 43,141 43,255 43,318 43,358 - -
Announcement Date 5/25/22 A 2/20/23 A 2/22/24 A 2/19/25 A 2/19/26 A - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.64x5.2x11.76x4.52% 24.3B
6.98x0.85x3.37x4.79% 7.32B
61.05x2.9x9.44x4.73% 6.76B
17.62x2.63x7.45x-.--% 6.15B
24.14x2.88x12.51x-.--% 5.81B
20.05x3.78x7.92x2.87% 4.91B
15.48x0.53x5.16x2.91% 4.86B
-238.11x1.04x5.38x3.54% 4.31B
-65.29x1.37x6.17x2.55% 3.99B
Average -15.71x 2.35x 7.68x 2.88% 7.6B
Weighted average by Cap. 0.05x 3.16x 8.83x 3.37%

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