DO Relative Valuation - Diamond Offshore Drilling Inc - Alpha Spread

Diamond Offshore Drilling Inc
NYSE:DO

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Diamond Offshore Drilling Inc
NYSE:DO
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Price: 13.99 USD Market Closed
Market Cap: 1.5B USD
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Relative Value

The Relative Value of one DO stock under the Base Case scenario is 31.19 USD. Compared to the current market price of 13.99 USD, Diamond Offshore Drilling Inc is Undervalued by 55%.

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.

DO Relative Value
Base Case
31.19 USD
Undervaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
36
vs Industry
52
Median 3Y
1.3
Median 5Y
1.3
Industry
2.2
Forward
1.4
vs History
vs Industry
18
Median 3Y
-5.5
Median 5Y
-5.5
Industry
17.1
Forward
27.9
vs History
63
vs Industry
9
Median 3Y
17.8
Median 5Y
17.8
Industry
10.7
vs History
36
vs Industry
18
Median 3Y
-1.4
Median 5Y
-1.4
Industry
14.6
vs History
12
vs Industry
22
Median 3Y
1.7
Median 5Y
1.7
Industry
1.6
vs History
45
vs Industry
50
Median 3Y
1.8
Median 5Y
1.8
Industry
3.2
Forward
1.9
vs History
87
vs Industry
37
Median 3Y
10.7
Median 5Y
10.7
Industry
6.9
vs History
87
vs Industry
16
Median 3Y
18.9
Median 5Y
18.9
Industry
11.4
Forward
8
vs History
27
vs Industry
8
Median 3Y
-22
Median 5Y
-22
Industry
13.5
Forward
16.5
vs History
63
vs Industry
9
Median 3Y
23.9
Median 5Y
23.9
Industry
11.8
vs History
vs Industry
Median 3Y
-30.3
Median 5Y
-30.3
Industry
12.8
vs History
12
vs Industry
35
Median 3Y
1.1
Median 5Y
1.1
Industry
1.5

Multiples Across Competitors

DO Competitors Multiples
Diamond Offshore Drilling Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Diamond Offshore Drilling Inc
NYSE:DO
1.4B USD 1.3 -5.3 9.1 21
CN
China Oilfield Services Ltd
SSE:601808
47.6B CNY 1 14.6 9.8 9.8
SA
ADES Holding Company SJSC
SAU:2382
21.7B SAR 4 33.6 12 20.3
US
Noble Corp (Cayman Island)
NYSE:NE
5.4B USD 2 9 5.8 8.7
US
Noble Corporation PLC
CSE:NOBLE
36.3B DKK 2 8.9 5.8 8.7
BM
Valaris Ltd
NYSE:VAL
4.1B USD 2 4 16.4 26.3
CH
Transocean Ltd
NYSE:RIG
4.1B USD 1.3 -11.7 14 -472.2
US
Helmerich and Payne Inc
NYSE:HP
3.4B USD 1.2 9.7 4.5 8.7
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
3.3B USD 0.6 26.9 3.2 12.3
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 5.8 5.1 7.5

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