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 1,813 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 26.82% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,754 1,751 1,751
Change - 998.22% -29.02% -17.38% -1.91% 31.88% -0.2% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 10.9x 7.69x 6.98x
PBR - - 2.18x 2.21x 2.66x 3.56x 3.72x 3.95x
PEG - -0x 0.3x -0.7x 0x 0.6x 0.2x 0.7x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.61x 1.58x 1.53x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.56x 1.53x 1.48x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 6.63x 5.35x 4.9x
EV / EBIT - 32.8x 7.05x 28.5x 10x 8.52x 6.46x 5.82x
EV / FCF - 17.8x 3.76x 10.3x - 11.2x 6.87x 5.76x
FCF Yield - 5.61% 26.6% 9.67% - 8.94% 14.6% 17.4%
Dividend per Share 2 - - - - - 4.705 5.879 6.476
Rate of return - - - - - 11.2% 14% 15.5%
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 41.85 41.85 41.85
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.($)
16.54x5.2x11.73x4.5% 24.29B
6.32x0.76x3.1x5.12% 6.67B
27.8x2.68x8.14x4.95% 6.45B
27.48x2.57x7.38x-.--% 5.72B
22.08x4.03x8.32x2.87% 5.44B
22.02x2.7x11.24x-.--% 5.29B
14.72x0.51x4.95x3.06% 4.53B
-160.67x0.97x4.98x4.15% 3.66B
-21.34x1.23x5.71x3.06% 3.34B
Average -5.01x 2.29x 7.28x 3.08% 7.27B
Weighted average by Cap. 6.49x 3.21x 8.64x 3.52%

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