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 1,687 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 18.03% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,623 1,622 1,622
Change - 998.22% -29.02% -17.38% -1.91% 21.99% -0.03% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 11.4x 7.11x 6.5x
PBR - - 2.18x 2.21x 2.66x 3.51x 3.57x 3.79x
PEG - -0x 0.3x -0.7x 0x 2.26x 0.1x 0.69x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.59x 1.52x 1.47x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.53x 1.46x 1.42x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 6.75x 4.97x 4.58x
EV / EBIT - 32.8x 7.05x 28.5x 10x 8.78x 5.97x 5.41x
EV / FCF - 17.8x 3.76x 10.3x - 11x 6.5x 5.32x
FCF Yield - 5.61% 26.6% 9.67% - 9.11% 15.4% 18.8%
Dividend per Share 2 - - - - - 4.066 5.849 6.412
Rate of return - - - - - 10.4% 15% 16.5%
EPS 2 -7.784 3.376 4.521 0.5571 3.255 3.419 5.476 5.994
Distribution rate - - - - - 119% 107% 107%
Net sales 1 - 976.5 1,244 1,149 968.1 1,063 1,111 1,144
EBITDA 1 - 267 434.2 268.5 191.5 240.2 326.3 354.4
EBIT 1 - 70.43 232.8 47.6 132.4 184.8 271.9 300.1
Net income 1 -181 30.47 198.9 25.11 141.8 147.8 235.8 259.3
Net Debt 1 - -134 -127.6 -93.05 -99.41 -64.68 -65.2 -65.2
Reference price 2 9.00 56.70 41.00 33.50 33.00 38.95 38.95 38.95
Nbr of stocks (in thousands) 23,392 43,141 43,141 43,255 43,318 43,318 - -
Announcement Date 25/05/22 20/02/23 22/02/24 19/02/25 19/02/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.37x5.44x12.26x4.22% 25.69B
26.52x2.61x7.87x5.11% 6.25B
6.08x0.73x2.93x5.29% 6.43B
26.94x2.55x7.29x-.--% 5.63B
21.56x2.67x11.09x-.--% 5.23B
20.74x4.01x8.35x2.77% 5.49B
13.84x0.52x5.01x3.25% 4.58B
-73.2x0.95x4.97x4.2% 3.61B
-23.77x1.21x5.62x3.12% 3.27B
Average 4.01x 2.30x 7.26x 3.11% 7.35B
Weighted average by Cap. 11.34x 3.34x 8.87x 3.47%

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