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 2,040 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 42.73% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,975 1,975 1,975
Change - 998.22% -29.02% -17.38% -1.91% 48.48% 0% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 11.5x 8.56x 7.78x
PBR - - 2.18x 2.21x 2.66x 4.03x 4.1x 4.35x
PEG - -0x 0.3x -0.7x 0x 0.5x 0.2x 0.78x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.85x 1.72x 1.67x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.79x 1.67x 1.62x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 7.64x 5.97x 5.48x
EV / EBIT - 32.8x 7.05x 28.5x 10x 9.81x 7.22x 6.51x
EV / FCF - 17.8x 3.76x 10.3x - 12.6x 7.75x 6.5x
FCF Yield - 5.61% 26.6% 9.67% - 7.94% 12.9% 15.4%
Dividend per Share 2 - - - - - 4.807 5.942 6.539
Rate of return - - - - - 10.2% 12.6% 13.9%
EPS 2 -7.784 3.376 4.521 0.5571 3.255 4.082 5.502 6.05
Distribution rate - - - - - 118% 108% 108%
Net sales 1 - 976.5 1,244 1,149 968.1 1,103 1,183 1,219
EBITDA 1 - 267 434.2 268.5 191.5 258.3 330.7 360.6
EBIT 1 - 70.43 232.8 47.6 132.4 201.3 273.7 303.5
Net income 1 -181 30.47 198.9 25.11 141.8 178.3 240.4 265.3
Net Debt 1 - -134 -127.6 -93.05 -99.41 -65.44 -65.44 -65.44
Reference price 2 9.00 56.70 41.00 33.50 33.00 47.10 47.10 47.10
Nbr of stocks (in thousands) 23,392 43,141 43,141 43,255 43,318 43,318 - -
Announcement Date 5/25/22 2/20/23 2/22/24 2/19/25 2/19/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.54x1.79x7.64x10.21% 218M
17.25x5.39x12.2x4.32% 25.25B
6.87x0.85x3.37x4.86% 7.38B
71.78x3.09x9.94x4.37% 7.32B
20.69x2.73x7.75x-.--% 6.49B
26.82x2.95x12.78x-.--% 6B
25.07x3.93x8.26x2.72% 5.4B
15.56x0.55x5.32x2.89% 5.07B
-252.8x1.15x5.98x3.16% 4.82B
-65.87x1.47x6.62x2.35% 4.36B
Average -12.31x 2.39x 7.99x 3.49% 7.23B
Weighted average by Cap. 0.24x 3.27x 9.18x 3.24%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. NORAM Stock
  4. Valuation NorAm Drilling