N

Noram Drilling AS
OSE:NORAM

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Noram Drilling AS
OSE:NORAM
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Price: 34.8 NOK -1.14%
Market Cap: 1.5B NOK
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Relative Value

The Relative Value of one NORAM stock under the Base Case scenario is 39.92 NOK. Compared to the current market price of 34.8 NOK, Noram Drilling AS is Undervalued by 13%.

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.

NORAM Relative Value
Base Case
39.92 NOK
Undervaluation 13%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
49
Median 3Y
1.5
Median 5Y
1.5
Industry
1.3
Forward
1.3
vs History
40
vs Industry
38
Median 3Y
12
Median 5Y
12
Industry
9.8
Forward
35.2
vs History
70
vs Industry
39
Median 3Y
4.2
Median 5Y
4.2
Industry
4.9
vs History
59
vs Industry
37
Median 3Y
4.6
Median 5Y
4.6
Industry
10.5
vs History
85
vs Industry
23
Median 3Y
2.2
Median 5Y
2.2
Industry
1.2
vs History
74
vs Industry
58
Median 3Y
1.4
Median 5Y
1.4
Industry
1.8
Forward
1.2
vs History
74
vs Industry
72
Median 3Y
1.8
Median 5Y
1.8
Industry
4.5
vs History
59
vs Industry
44
Median 3Y
4.1
Median 5Y
4.1
Industry
6
Forward
5.3
vs History
44
vs Industry
38
Median 3Y
9
Median 5Y
9
Industry
8.4
Forward
28.1
vs History
70
vs Industry
48
Median 3Y
3.9
Median 5Y
3.9
Industry
6.4
vs History
70
vs Industry
39
Median 3Y
4.4
Median 5Y
4.4
Industry
11
vs History
77
vs Industry
22
Median 3Y
1.9
Median 5Y
1.9
Industry
1

Multiples Across Competitors

NORAM Competitors Multiples
Noram Drilling AS Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Noram Drilling AS
OSE:NORAM
1.5B NOK 1.2 11.9 3.8 8.9
US
Schlumberger NV
NYSE:SLB
62.5B USD 1.7 13.9 8 11.3
US
Baker Hughes Co
NASDAQ:BKR
43.8B USD 1.6 19.5 10.8 14.5
US
Halliburton Co
NYSE:HAL
28B USD 1.2 11 6.5 8.2
LU
Tenaris SA
MIL:TEN
20.2B EUR 1.6 8 5.3 6.6
UK
TechnipFMC PLC
NYSE:FTI
13.1B USD 1.5 19.5 10 14.2
US
Nov Inc
NYSE:NOV
6.5B USD 0.7 6.1 6.3 8.8
US
Weatherford International PLC
NASDAQ:WFRD
6.2B USD 1.1 11.7 5.4 7.3
US
ChampionX Corp
NASDAQ:CHX
6B USD 1.6 18.9 8.4 12.6
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
41.8B CNY 0.8 11.5 8.6 8.6
US
Cactus Inc
NYSE:WHD
5.5B USD 4.8 29.3 14.5 17.5

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