D

Dolphin Drilling AS
OSE:DDRIL

Watchlist Manager
Dolphin Drilling AS
OSE:DDRIL
Watchlist
Price: 2.35 NOK Market Closed
Market Cap: 685.9m NOK
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one DDRIL stock under the Base Case scenario is 4.77 NOK. Compared to the current market price of 2.35 NOK, Dolphin Drilling AS is Undervalued by 51%.

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.

DDRIL Relative Value
Base Case
4.77 NOK
Undervaluation 51%
Relative Value
Price
D
Worst Case
Base Case
Best Case

Valuation Multiples

0.6
P/S
P/S
Price to Sales
0.6
vs History
56
vs Industry
73
Median 3Y
0.8
Median 5Y
0.8
Industry
2.1
Forward
0.9
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-2.3
Median 5Y
-2.3
Industry
15.7
Forward
-1.1
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-2.3
Median 5Y
-2.3
Industry
9.9
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-2.1
Median 5Y
-2.1
Industry
13
More Details
0.8
P/B
P/B
Price to Book Value
0.8
vs History
84
vs Industry
55
Median 3Y
1.4
Median 5Y
1.4
Industry
1.6
More Details
0.8
EV/S
EV/S
Enterprise Value to Sales
0.8
vs History
56
vs Industry
66
Median 3Y
1
Median 5Y
1
Industry
3.1
Forward
1.3
More Details
70.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
70.9
vs History
18
vs Industry
8
Median 3Y
5.7
Median 5Y
5.7
Industry
6.3
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
22
Median 3Y
-1.4
Median 5Y
-1.4
Industry
10.3
Forward
-2.2
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
12
Median 3Y
-2.8
Median 5Y
-2.8
Industry
12.2
Forward
-1.7
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-2.5
Median 5Y
-2.5
Industry
10.9
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-2.1
Median 5Y
-2.1
Industry
12
More Details
0.6
EV/IC
EV/IC
Enterprise Value to IC
0.6
vs History
84
vs Industry
56
Median 3Y
0.9
Median 5Y
0.9
Industry
1.5
More Details

Multiples Across Competitors

DDRIL Competitors Multiples
Dolphin Drilling AS Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Dolphin Drilling AS
OSE:DDRIL
685.9m NOK 0.6 -0.6 -1 -1
SA
ADES Holding Company SJSC
SAU:2382
21.8B SAR 3.5 27.1 10.3 17.7
CN
China Oilfield Services Ltd
SSE:601808
39.8B CNY 0.8 12.7 7.4 7.4
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.6 10.7 5.8 9.4
US
Noble Corp (Cayman Island)
NYSE:NE
3.4B USD 1.1 7.5 4.5 7.3
SA
Arabian Drilling Co
SAU:2381
10.8B SAR 3 33.5 9.2 22.7
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.4B USD 0.4 -2.4 2.8 117.3
BM
Valaris Ltd
NYSE:VAL
2.3B USD 1 6.3 6.3 8.4
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.9 24.5 6.6 35.9
CH
Transocean Ltd
NYSE:RIG
2B USD 0.6 -4 6.9 20.6
US
Helmerich and Payne Inc
NYSE:HP
2B USD 0.7 6.6 3.9 7.6
P/E Multiple
Earnings Growth PEG
NO
D
Dolphin Drilling AS
OSE:DDRIL
Average P/E: 16.1
Negative Multiple: -0.6 		N/A N/A
SA
A
ADES Holding Company SJSC
SAU:2382
27.1
18%
1.5
CN
China Oilfield Services Ltd
SSE:601808
12.7
16%
0.8
US
Noble Corporation PLC
CSE:NOBLE
10.7
-3%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
7.5
-3%
N/A
SA
A
Arabian Drilling Co
SAU:2381
33.5
29%
1.2
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -2.4 N/A N/A
BM
Valaris Ltd
NYSE:VAL
6.3
20%
0.3
DK
M
Maersk Drilling A/S
F:72D
24.5
-29%
N/A
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -4 N/A N/A
US
Helmerich and Payne Inc
NYSE:HP
6.6
2%
3.3

See Also

Summary
DDRIL intrinsic value, competitors valuation, and company profile.
DCF Valuation
DDRIL stock valuation using Discount Cash Flow valuation method.
Relative Valuation
DDRIL stock valuation using valuation multiples.
Wall Street Estimates
DDRIL price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
DDRIL stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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