Company Valuation: NorAm Drilling Company AS

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 1,921 - -
Change - 1,061.87% -27.69% -18.08% -1.35% 34.37% - -
Enterprise Value (EV) 1 210.5 2,312 1,641 1,356 1,330 1,855 1,855 1,855
Change - 998.22% -29.02% -17.38% -1.91% 39.49% 0% 0%
P/E -1.16x 16.8x 9.07x 60.1x 10.1x 10.9x 8.05x 7.32x
PBR - - 2.18x 2.21x 2.66x 3.79x 3.85x 4.1x
PEG - -0x 0.3x -0.7x 0x 0.4x 0.2x 0.73x
Capitalization / Revenue - 2.51x 1.42x 1.26x 1.48x 1.74x 1.62x 1.58x
EV / Revenue - 2.37x 1.32x 1.18x 1.37x 1.68x 1.57x 1.52x
EV / EBITDA - 8.66x 3.78x 5.05x 6.95x 7.18x 5.61x 5.15x
EV / EBIT - 32.8x 7.05x 28.5x 10x 9.22x 6.78x 6.11x
EV / FCF - 17.8x 3.76x 10.3x - 11.8x 7.28x 6.11x
FCF Yield - 5.61% 26.6% 9.67% - 8.45% 13.7% 16.4%
Dividend per Share 2 - - - - - 4.807 5.942 6.539
Rate of return - - - - - 10.9% 13.4% 14.8%
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 44.30 44.30 44.30
Nbr of stocks (in thousands) 23,392 43,141 43,141 43,255 43,318 43,358 - -
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.($)
17.24x5.39x12.17x4.34% 24.9B
66.39x3.02x9.79x4.49% 6.98B
6.97x0.82x3.24x4.79% 7.08B
17.49x2.61x7.43x-.--% 6.06B
23.83x2.85x12.36x-.--% 5.68B
21.24x3.77x7.91x2.91% 4.82B
15.05x0.52x5.06x2.99% 4.7B
-221.4x1.03x5.33x3.61% 4.26B
-59.09x1.37x6.15x2.58% 3.98B
Average -12.48x 2.37x 7.71x 2.86% 7.61B
Weighted average by Cap. 2.59x 3.26x 9.03x 3.31%

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

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  3. NORAM Stock
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  5. Valuation NorAm Drilling Company AS