DOLPHIN DRILLING |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.74 NOK | +1.95% |
|
-1.03% | -32.23% |
| 05-10 | Damil Drilling AS Announces Notice of Contract Termination in Nigeria | CI |
| 04-30 | Dolphin Drilling Terminates Deal with General Hydrocarbons | MT |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 1,603 | 1,862 | 1,675 | - | - |
| Enterprise Value (EV) 2 | 1,236 | 1,663 | 1,999 | 1,668 | 1,585 |
| P/E ratio | -2.44 x | -13.9 x | 234 x | 2.28 x | 2.79 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 7.33 x | 2.48 x | 1.29 x | 0.79 x | 0.78 x |
| EV / Revenue | 5.65 x | 2.22 x | 1.54 x | 0.78 x | 0.74 x |
| EV / EBITDA | -2.19 x | -19.8 x | 8.44 x | 2.05 x | 1.98 x |
| EV / FCF | -1.99 x | - | -3.98 x | 6.24 x | 3.41 x |
| FCF Yield | -50.2% | - | -25.1% | 16% | 29.3% |
| Price to Book | 1.94 x | 1.25 x | 0.89 x | 0.68 x | 0.58 x |
| Nbr of stocks (in thousands) | 124,319 | 219,890 | 291,890 | - | - |
| Reference price 3 | 1.316 | 0.8332 | 0.5363 | 0.5363 | 0.5363 |
| Announcement Date | 23-02-28 | 24-02-26 | - | - | - |
1USD in Million2NOK in Million3USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | 218.7 | 749.8 | 1,295 | 2,132 | 2,145 |
| EBITDA 1 | -563.9 | -84.13 | 236.9 | 814.2 | 798.8 |
| EBIT 1 | -642.7 | 56.78 | 131.7 | 648.6 | 613.2 |
| Operating Margin | -293.84% | 7.57% | 10.17% | 30.42% | 28.59% |
| Earnings before Tax (EBT) 1 | -692.4 | -10.52 | 84.82 | 599.6 | 583 |
| Net income 1 | -699.7 | -75.71 | -12.34 | 530.3 | 505.6 |
| Net margin | -319.91% | -10.1% | -0.95% | 24.87% | 23.57% |
| EPS 2 | -0.5400 | -0.0600 | 0.002290 | 0.2354 | 0.1924 |
| Free Cash Flow 1 | -621.1 | - | -501.9 | 267.2 | 465.1 |
| FCF margin | -283.97% | - | -38.76% | 12.53% | 21.69% |
| FCF Conversion (EBITDA) | - | - | - | 32.82% | 58.23% |
| FCF Conversion (Net income) | - | - | - | 50.4% | 92% |
| Dividend per Share 2 | - | - | - | - | - |
| Announcement Date | 23-02-28 | 24-02-26 | - | - | - |
1NOK in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4.134 | 19.05 | 228.9 | 257.2 | 248.2 | 332.2 | 198.4 | 330.5 | 407.5 | 385.3 |
| EBITDA 1 | -182.4 | -179.9 | 16.8 | 48.89 | 29.44 | 95.19 | -69.97 | 36.95 | 114 | 88.08 |
| EBIT 1 | -200.1 | -202.1 | -2.1 | 21.26 | 239.8 | 77.55 | - | - | 71.13 | 44.04 |
| Operating Margin | -4,839.76% | -1,061.11% | -0.92% | 8.26% | 96.61% | 23.34% | - | - | 17.45% | 11.43% |
| Earnings before Tax (EBT) 1 | -183.5 | -207.4 | 3.149 | 8.503 | 184 | 39.48 | -153.2 | 21.38 | 54.81 | 26.53 |
| Net income 1 | -188.7 | -209.5 | -16.8 | -14.88 | 165.1 | 19.5 | -138.1 | -34.76 | 34.62 | 8.494 |
| Net margin | -4,563.92% | -1,100% | -7.34% | -5.79% | 66.53% | 5.87% | -69.61% | -10.52% | 8.49% | 2.2% |
| EPS 2 | -0.1500 | -0.1600 | -0.0100 | -0.0100 | 0.0700 | 0.008440 | -0.0580 | -0.008250 | 0.0163 | 0.002560 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 23-02-28 | 23-05-09 | 23-08-15 | 23-11-28 | 24-02-26 | - | - | - | - | - |
1NOK in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | - | - | 324 | - | - |
| Net Cash position 1 | 367 | 200 | - | 7.07 | 90 |
| Leverage (Debt/EBITDA) | - | - | 1.366 x | - | - |
| Free Cash Flow 1 | -621 | - | -502 | 267 | 465 |
| ROE (net income / shareholders' equity) | - | -6.24% | 9.1% | 30% | 23.8% |
| ROA (Net income/ Total Assets) | -47.3% | -4.22% | -0.7% | 10.9% | 13% |
| Assets 1 | 1,480 | 1,794 | 1,764 | 4,865 | 3,889 |
| Book Value Per Share 2 | 0.6800 | 0.6600 | 0.6000 | 0.7900 | 0.9200 |
| Cash Flow per Share | - | - | - | - | - |
| Capex 1 | 149 | - | 611 | 303 | 111 |
| Capex / Sales | 68.04% | - | 47.16% | 14.19% | 5.18% |
| Announcement Date | 23-02-28 | 24-02-26 | - | - | - |
1NOK in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.5363
USD
Average target price
0.9093
USD
Spread / Average Target
+69.54%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -32.23% | 157M | |
| +11.90% | 18.42B | |
| +8.40% | 9.47B | |
| -0.93% | 6.81B | |
| +11.71% | 5.55B | |
| -25.00% | 5.28B | |
| -5.04% | 4.94B | |
| +4.72% | 4.54B | |
| +19.59% | 3.97B | |
| +6.27% | 3.8B |
- Stock Market
- Equities
- DDRIL Stock
- Financials Dolphin Drilling