BORR Relative Valuation - Borr Drilling Ltd - Alpha Spread

Borr Drilling Ltd
NYSE:BORR

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Borr Drilling Ltd
NYSE:BORR
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Price: 5.755 USD 3.32% Market Closed
Market Cap: 1.5B USD
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Relative Value

The Relative Value of one BORR stock under the Base Case scenario is 18.191 USD. Compared to the current market price of 5.755 USD, Borr Drilling Ltd is Undervalued by 68%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BORR Relative Value
Base Case
18.191 USD
Undervaluation 68%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
58
vs Industry
45
Median 3Y
2.1
Median 5Y
1.8
Industry
2.2
Forward
1.4
vs History
14
vs Industry
12
Median 3Y
-2.1
Median 5Y
-1.5
Industry
16.5
Forward
9.8
vs History
vs Industry
Median 3Y
-5.2
Median 5Y
-4.7
Industry
10.4
vs History
vs Industry
Median 3Y
-4.4
Median 5Y
-3.6
Industry
14.8
vs History
30
vs Industry
29
Median 3Y
1.3
Median 5Y
0.7
Industry
1.6
vs History
88
vs Industry
39
Median 3Y
5
Median 5Y
5.8
Industry
3.2
Forward
3
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.8
vs History
61
vs Industry
20
Median 3Y
10.2
Median 5Y
8.3
Industry
11.2
Forward
5.7
vs History
33
vs Industry
17
Median 3Y
9.4
Median 5Y
-14.6
Industry
13.2
Forward
7.5
vs History
vs Industry
Median 3Y
-28.7
Median 5Y
-29.2
Industry
11.6
vs History
vs Industry
Median 3Y
-27.8
Median 5Y
-22.2
Industry
12.7
vs History
26
vs Industry
45
Median 3Y
1
Median 5Y
0.7
Industry
1.5

Multiples Across Competitors

BORR Competitors Multiples
Borr Drilling Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
Borr Drilling Ltd
NYSE:BORR
1.4B USD 1.6 19 6.5 9
SA
ADES Holding Company SJSC
SAU:2382
21.7B SAR 4 33.6 12 20.3
CN
China Oilfield Services Ltd
SSE:601808
39.4B CNY 0.8 12.1 8.3 8.3
US
Noble Corporation PLC
CSE:NOBLE
35.2B DKK 2 8.8 5.7 8.6
US
Noble Corp (Cayman Island)
NYSE:NE
5.2B USD 2 8.8 5.7 8.6
BM
Valaris Ltd
NYSE:VAL
4.1B USD 2 4 16.4 26.3
CH
Transocean Ltd
NYSE:RIG
4B USD 1.3 -11.5 13.9 -468.6
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
3.3B USD 0.6 26.9 3.3 12.3
US
Helmerich and Payne Inc
NYSE:HP
3.2B USD 1.2 9.1 4.2 8.2
SA
Arabian Drilling Co
SAU:2381
10.8B SAR 2.8 22 8 16.6
BM
Seadrill Ltd
NYSE:SDRL
2.8B USD 1.8 6 5.2 7.8

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