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 1,878 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 31.36% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,819 1,816 1,816
Change - 998.22% -29.02% -17.38% -1.91% 36.76% -0.19% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 11.3x 7.96x 7.23x
PBR - - 2.18x 2.21x 2.66x 3.69x 3.85x 4.1x
PEG - -0x 0.3x -0.7x 0x 0.6x 0.2x 0.7x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.67x 1.64x 1.59x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.61x 1.58x 1.54x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 6.87x 5.55x 5.09x
EV / EBIT - 32.8x 7.05x 28.5x 10x 8.84x 6.7x 6.03x
EV / FCF - 17.8x 3.76x 10.3x - 11.6x 7.12x 5.97x
FCF Yield - 5.61% 26.6% 9.67% - 8.62% 14% 16.7%
Dividend per Share 2 - - - - - 4.705 5.879 6.476
Rate of return - - - - - 10.9% 13.6% 14.9%
EPS 2 -7.784 3.376 4.521 0.5571 3.255 3.823 5.446 5.994
Distribution rate - - - - - 123% 108% 108%
Net sales 1 - 976.5 1,244 1,149 968.1 1,127 1,146 1,182
EBITDA 1 - 267 434.2 268.5 191.5 264.7 327.2 357
EBIT 1 - 70.43 232.8 47.6 132.4 205.8 271.1 300.9
Net income 1 -181 30.47 198.9 25.11 141.8 166.6 237.9 262.8
Net Debt 1 - -134 -127.6 -93.05 -99.41 -58.81 -62.27 -62.27
Reference price 2 9.00 56.70 41.00 33.50 33.00 43.35 43.35 43.35
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.($)
17.64x5.49x12.4x4.28% 25.86B
6.36x0.79x3.15x5.38% 6.88B
63.85x2.81x9.04x4.91% 6.51B
27.68x2.51x7.15x-.--% 5.88B
21.79x2.75x11.13x-.--% 5.47B
21.18x3.92x8.12x3.07% 5.2B
15.25x0.54x5.2x2.95% 4.88B
-179.45x0.93x4.83x4.05% 3.76B
-16.45x1.3x5.86x2.76% 3.71B
Average -2.46x 2.34x 7.43x 3.04% 7.57B
Weighted average by Cap. 9.47x 3.33x 8.97x 3.46%

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