Independence Contract Drilling Inc
NYSE:ICD

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Independence Contract Drilling Inc
NYSE:ICD
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Price: 0.39 USD -33.42% Market Closed
Market Cap: $140k

EV/OCF

3.8
Current
No historical data
Comparison unavailable

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
3.8
=
Enterprise Value
$165.5m
/
Operating Cash Flow
$43.4m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
3.8
=
Enterprise Value
$165.5m
/
Operating Cash Flow
$43.4m

Valuation Scenarios

Independence Contract Drilling Inc is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (3.8), the stock would be worth $0.39 (0% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-5%
Maximum Upside
+338%
Average Upside
125%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 3.8 $0.39
0%
3-Year Average 3.8 $0.39
0%
5-Year Average 3.6 $0.37
-5%
Industry Average 10.1 $1.04
+166%
Country Average 16.7 $1.71
+338%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
US
Independence Contract Drilling Inc
NYSE:ICD
Average P/E: 22.2
Negative Multiple: -0
N/A N/A
CN
China Oilfield Services Ltd
SSE:601808
18.9
10%
1.9
US
Noble Corp (Cayman Island)
NYSE:NE
36.3
39%
0.9
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -2.3 N/A N/A
BM
Valaris Ltd
NYSE:VAL
6.4
-28%
N/A
SA
A
ADES Holding Company SJSC
SAU:2382
26.8
17%
1.6
US
Noble Corporation PLC
CSE:NOBLE
22.7
39%
0.6
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -45.9 N/A N/A
US
Helmerich and Payne Inc
NYSE:HP
Negative Multiple: -12.1 N/A N/A
BM
Seadrill Ltd
NYSE:SDRL
Negative Multiple: -39 N/A N/A
SA
A
Arabian Drilling Co
SAU:2381
Negative Multiple: -143.1 N/A N/A

Market Distribution

Lower than 96% of companies in the United States of America
Percentile
4th
Based on 9 518 companies
4th percentile
3.8
Low
0 — 11.7
Typical Range
11.7 — 23.6
High
23.6 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 11.7
Median 16.7
70th Percentile 23.6
Max 3 178 983.5

Independence Contract Drilling Inc
Glance View

Market Cap
140k USD
Industry
N/A

Independence Contract Drilling, Inc. engages in the provision of land-based contract drilling services for oil and natural gas producers. The company is headquartered in Houston, Texas and currently employs 500 full-time employees. The company went IPO on 2014-04-21. The firm develops and assemble its ShaleDriller series rig. ShaleDrillers are designed for drilling operations on large, multi-well drilling locations. The firm owns and operates a fleet comprised of drilling rigs. The Company’s focuses its operations on unconventional resource plays located in geographic regions in Houston, Texas and Midland, Texas. Its rig fleet includes approximately 24 marketed pad-optimal, superspec alternating current (AC) powered rigs plus additional AC rigs. Its rigs are operating in the Permian Basin, the Haynesville Shale and the Eagle Ford Shale. Its business depends on the level of exploration and production activity by oil and natural gas companies operating in the United States, and in particular, the regions where it markets its contract drilling services.

ICD Intrinsic Value
Not Available
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