China Oilfield Services Ltd
SSE:601808

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China Oilfield Services Ltd
SSE:601808
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Price: 14.04 CNY -0.35% Market Closed
Market Cap: 41.6B CNY

Relative Value

The Relative Value of one China Oilfield Services Ltd stock under the Base Case scenario is 37.53 CNY. Compared to the current market price of 14.04 CNY, China Oilfield Services Ltd is Undervalued by 63%.

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.

Relative Value
Base Case
37.53 CNY
Undervaluation 63%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
59
Median 3Y
1.2
Median 5Y
1.2
Industry
2.1
Forward
0.8
vs History
87
vs Industry
21
Median 3Y
17.1
Median 5Y
17.5
Industry
15.7
Forward
11.5
vs History
98
vs Industry
27
Median 3Y
4.3
Median 5Y
5
Industry
9.6
vs History
vs Industry
6
Median 3Y
-17.9
Median 5Y
10.4
Industry
12.6
vs History
95
vs Industry
42
Median 3Y
1.1
Median 5Y
1.1
Industry
1.6
vs History
98
vs Industry
61
Median 3Y
1.4
Median 5Y
1.6
Industry
3.1
Forward
0.9
vs History
98
vs Industry
41
Median 3Y
9.6
Median 5Y
9.6
Industry
6.4
vs History
98
vs Industry
20
Median 3Y
14.1
Median 5Y
13.5
Industry
10.4
Forward
4
vs History
98
vs Industry
21
Median 3Y
14.1
Median 5Y
13.5
Industry
12.3
Forward
7.8
vs History
98
vs Industry
26
Median 3Y
5.4
Median 5Y
6.4
Industry
10.3
vs History
52
vs Industry
12
Median 3Y
15.7
Median 5Y
15.9
Industry
11.3
vs History
98
vs Industry
46
Median 3Y
0.9
Median 5Y
0.9
Industry
1.5

Multiples Across Competitors

Competitors Multiples
China Oilfield Services Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
China Oilfield Services Ltd
SSE:601808
41.6B CNY 0.9 13.1 7.8 7.8
SA
ADES Holding Company SJSC
SAU:2382
21.8B SAR 3.5 27.1 10.3 17.7
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.5 10.3 5.7 9.1
US
Noble Corp (Cayman Island)
NYSE:NE
3B USD 1 6.6 4.2 6.7
SA
Arabian Drilling Co
SAU:2381
10.8B SAR 3 33.5 9.2 22.7
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.2B USD 0.4 -2.3 2.7 111.5
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.8 23.6 6.4 34.8
BM
Valaris Ltd
NYSE:VAL
2.1B USD 0.9 5.6 5.8 7.7
US
Helmerich and Payne Inc
NYSE:HP
2B USD 0.7 6.6 3.9 7.6
CH
Transocean Ltd
NYSE:RIG
1.9B USD 0.5 -3.7 6.8 20.3
US
Diamond Offshore Drilling Inc
NYSE:DO
1.4B USD 1.3 -5.3 9.1 21
P/E Multiple
Earnings Growth PEG
CN
China Oilfield Services Ltd
SSE:601808
Average P/E: 15.8
13.1
20%
0.7
SA
A
ADES Holding Company SJSC
SAU:2382
27.1
17%
1.6
US
Noble Corporation PLC
CSE:NOBLE
10.3
-1%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
6.6
-1%
N/A
SA
A
Arabian Drilling Co
SAU:2381
33.5
30%
1.1
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -2.3 N/A N/A
DK
M
Maersk Drilling A/S
F:72D
23.6
-29%
N/A
BM
Valaris Ltd
NYSE:VAL
5.6
18%
0.3
US
Helmerich and Payne Inc
NYSE:HP
6.6
4%
1.6
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -3.7 N/A N/A
US
Diamond Offshore Drilling Inc
NYSE:DO
Negative Multiple: -5.3 N/A N/A