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 1,906 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 33.3% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,840 1,840 1,840
Change - 998.22% -29.02% -17.38% -1.91% 38.35% 0% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 10.8x 7.99x 7.26x
PBR - - 2.18x 2.21x 2.66x 3.76x 3.82x 4.06x
PEG - -0x 0.3x -0.7x 0x 0.4x 0.2x 0.73x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.73x 1.61x 1.56x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.67x 1.56x 1.51x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 7.12x 5.56x 5.1x
EV / EBIT - 32.8x 7.05x 28.5x 10x 9.14x 6.72x 6.06x
EV / FCF - 17.8x 3.76x 10.3x - 11.7x 7.22x 6.06x
FCF Yield - 5.61% 26.6% 9.67% - 8.52% 13.8% 16.5%
Dividend per Share 2 - - - - - 4.807 5.942 6.539
Rate of return - - - - - 10.9% 13.5% 14.9%
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 43.95 43.95 43.95
Nbr of stocks (in thousands) 23,392 43,141 43,141 43,255 43,318 43,358 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
10.8x1.67x7.15x10.9% 202M
16.79x5.26x11.88x4.45% 24.56B
67.01x3.04x9.86x4.45% 7.19B
6.87x0.82x3.25x4.85% 7.12B
17.55x2.62x7.44x-.--% 6.13B
23.87x2.85x12.38x-.--% 5.74B
21.24x3.77x7.91x2.91% 4.94B
15.38x0.54x5.17x2.93% 4.88B
-222.8x1.03x5.36x3.59% 4.25B
-59.44x1.37x6.18x2.57% 3.98B
Average -10.27x 2.30x 7.66x 3.66% 6.9B
Weighted average by Cap. 2.71x 3.20x 8.92x 3.37%

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