Aban Offshore Ltd
NSE:ABAN

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Aban Offshore Ltd
NSE:ABAN
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Price: 38.07 INR -3.13% Market Closed
Market Cap: 2.2B INR

Relative Value

The Relative Value of one ABAN stock under the Base Case scenario is 277.95 INR. Compared to the current market price of 38.07 INR, Aban Offshore Ltd is Undervalued by 86%.

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.

ABAN Relative Value
Base Case
277.95 INR
Undervaluation 86%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
60
vs Industry
72
Median 3Y
0.6
Median 5Y
0.5
Industry
2.1
vs History
vs Industry
Median 3Y
-0.2
Median 5Y
-0.1
Industry
15.7
vs History
22
vs Industry
28
Median 3Y
1.8
Median 5Y
0.3
Industry
9.7
vs History
22
vs Industry
22
Median 3Y
-0.2
Median 5Y
-0.2
Industry
12.6
vs History
vs Industry
Median 3Y
-0
Median 5Y
-0
Industry
1.6
vs History
46
vs Industry
10
Median 3Y
33.3
Median 5Y
29.5
Industry
3.1
vs History
50
vs Industry
11
Median 3Y
41.4
Median 5Y
34.6
Industry
6.4
vs History
12
vs Industry
1
Median 3Y
-99.5
Median 5Y
-0.2
Industry
10.3
vs History
vs Industry
Median 3Y
-94.3
Median 5Y
-58.3
Industry
12.3
vs History
12
vs Industry
2
Median 3Y
45.8
Median 5Y
-0.2
Industry
10.9
vs History
12
vs Industry
1
Median 3Y
45.8
Median 5Y
-0.2
Industry
12
vs History
41
vs Industry
8
Median 3Y
13.3
Median 5Y
12.1
Industry
1.5

Multiples Across Competitors

ABAN Competitors Multiples
Aban Offshore Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Aban Offshore Ltd
NSE:ABAN
2.2B INR 0.4 -0.2 166.3 -593.1
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
39.6B CNY 0.8 12.6 7.4 7.4
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.4 10.3 5.1 8.2
US
Noble Corp (Cayman Island)
NYSE:NE
3.8B USD 1.1 8.2 4.3 7
SA
Arabian Drilling Co
SAU:2381
10.8B SAR 3 33.5 9.2 22.7
BM
Valaris Ltd
NYSE:VAL
2.7B USD 1.1 8.8 5.5 6.9
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.3B USD 0.4 -2.3 3.1 -62
CH
Transocean Ltd
NYSE:RIG
2.3B USD 0.6 -3.3 6.9 18.5
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.8 24.2 6.6 35.5
US
Helmerich and Payne Inc
NYSE:HP
1.8B USD 0.7 6.1 3.7 7.2
P/E Multiple
Earnings Growth PEG
IN
Aban Offshore Ltd
NSE:ABAN
Average P/E: 16.3
Negative Multiple: -0.2
N/A N/A
SA
A
ADES Holding Company SJSC
SAU:2382
27.1
18%
1.5
CN
China Oilfield Services Ltd
SSE:601808
12.6
16%
0.8
US
Noble Corporation PLC
CSE:NOBLE
10.3
-3%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
8.2
-3%
N/A
SA
A
Arabian Drilling Co
SAU:2381
33.5
29%
1.2
BM
Valaris Ltd
NYSE:VAL
8.8
20%
0.4
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -2.3 N/A N/A
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -3.3 N/A N/A
DK
M
Maersk Drilling A/S
F:72D
24.2
-29%
N/A
US
Helmerich and Payne Inc
NYSE:HP
6.1
2%
3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Aban Offshore Ltd
NSE:ABAN
Average EV/EBIT: 14.6
Negative Multiple: -593.1
N/A N/A
SA
A
ADES Holding Company SJSC
SAU:2382
17.7
9%
2
CN
China Oilfield Services Ltd
SSE:601808
7.4
12%
0.6
US
Noble Corporation PLC
CSE:NOBLE
8.2
0%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
7
0%
N/A
SA
A
Arabian Drilling Co
SAU:2381
22.7
17%
1.3
BM
Valaris Ltd
NYSE:VAL
6.9
24%
0.3
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -62
117%
N/A
CH
Transocean Ltd
NYSE:RIG
18.5
20%
0.9
DK
M
Maersk Drilling A/S
F:72D
35.5
9%
3.9
US
Helmerich and Payne Inc
NYSE:HP
7.2
6%
1.2