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 1,994 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 39.52% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,922 1,929 1,929
Change - 998.22% -29.02% -17.38% -1.91% 44.52% 0.35% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 10.6x 8.35x 7.6x
PBR - - 2.18x 2.21x 2.66x 3.95x 4x 4.25x
PEG - -0x 0.3x -0.7x 0x 0.3x 0.3x 0.76x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.85x 1.68x 1.63x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.78x 1.63x 1.58x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 7.61x 5.83x 5.35x
EV / EBIT - 32.8x 7.05x 28.5x 10x 9.75x 7.04x 6.35x
EV / FCF - 17.8x 3.76x 10.3x - 12.3x 7.57x 6.35x
FCF Yield - 5.61% 26.6% 9.67% - 8.16% 13.2% 15.8%
Dividend per Share 2 - - - - - 4.92 5.948 6.546
Rate of return - - - - - 10.7% 12.9% 14.2%
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 46.00 46.00 46.00
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.31x5.11x11.54x4.61% 23.82B
60.75x2.89x9.4x4.75% 6.73B
17.71x2.63x7.47x-.--% 6.19B
24.23x2.89x12.55x-.--% 5.83B
19.63x3.74x7.83x2.93% 4.81B
-241.68x1.05x5.45x3.48% 4.38B
-65.79x1.38x6.2x2.53% 4.02B
103.83x1.96x6.95x-.--% 2.85B
9.54x3x5.58x9.78% 2.46B
Average -6.16x 2.74x 8.11x 3.12% 6.79B
Weighted average by Cap. 2.29x 3.53x 9.45x 3.36%

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