China Oilfield Services Ltd
HKEX:2883
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EV/GP
Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.
Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.
Valuation Scenarios
If EV/GP returns to its 3-Year Average (9.9), the stock would be worth HK$11.47 (22% upside from current price).
| Scenario | EV/GP Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 8.2 | HK$9.43 |
0%
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| 3-Year Average | 9.9 | HK$11.47 |
+22%
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| 5-Year Average | 14.2 | HK$16.4 |
+74%
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| Industry Average | 10.5 | HK$12.09 |
+28%
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| Country Average | 13.6 | HK$15.66 |
+66%
|
Forward EV/GP
Today’s price vs future gross profit
Peer Comparison
| Market Cap | EV/GP | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
China Oilfield Services Ltd
HKEX:2883
|
72.1B HKD | 8.2 | 18.9 | |
| US |
|
Noble Corp (Cayman Island)
NYSE:NE
|
8.1B USD | 7.7 | 36.9 | |
| CH |
|
Transocean Ltd
NYSE:RIG
|
7.5B USD | 7.8 | -2.6 | |
| BM |
|
Valaris Ltd
NYSE:VAL
|
7.1B USD | 0 | 7.2 | |
| SA |
A
|
ADES Holding Company SJSC
SAU:2382
|
21.9B SAR | 14.9 | 26.8 | |
| US |
|
Noble Corporation PLC
CSE:NOBLE
|
31.4B DKK | 5.2 | 22.7 | |
| US |
|
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
4.6B USD | 4.5 | -47.9 | |
| US |
|
Helmerich and Payne Inc
NYSE:HP
|
4B USD | 4.7 | -12.6 | |
| BM |
|
Seadrill Ltd
NYSE:SDRL
|
3.1B USD | 8.1 | -39.8 | |
| SA |
A
|
Arabian Drilling Co
SAU:2381
|
10.8B SAR | 34.3 | -143.1 | |
| BM |
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Odfjell Drilling Ltd
OSE:ODL
|
23.8B NOK | 0 | 15.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 8 |
| Median | 13.6 |
| 70th Percentile | 23.3 |
| Max | 17 898 541.1 |
Other Multiples
China Oilfield Services Ltd
Glance View
In the expansive energy landscape, China Oilfield Services Ltd. (COSL) emerges as a crucial player, orchestrating a symphony of exploration and production services that power economies across Asia and beyond. Established as a subsidiary of China National Offshore Oil Corporation (CNOOC), COSL has crafted a robust identity rooted in engineering expertise and operational prowess. The company operates a diversified portfolio encompassing an array of services such as seismic data acquisition, drilling services, logging, and well testing. Through its arsenal of offshore drilling rigs and a fleet of support vessels, COSL navigates the oceans to serve national and international oil giants. These operations fuel the company’s revenue streams, leveraging advanced technology to improve efficiency and reduce costs—a necessity in the volatile world of fossil fuel extraction. Moreover, COSL has steadily expanded its geographical footprint, spreading its operations from the bustling East China Sea to the formidable waters of the North Sea and Gulf of Mexico. By focusing on innovation and leveraging long-term strategic partnerships, COSL continually enhances its service offerings, adapting to the evolving demands of the energy sector. As the world gradually contemplates a transition to cleaner energy, COSL’s adaptability remains crucial, ensuring it continues to seize opportunities in the dynamic oil services market. By balancing its deep-seated traditional practices with forward-thinking strategies, China Oilfield Services Ltd. plots its course in an uncertain energy future, driven by a commitment to excellence and a vision for sustaining growth.
