Precision Drilling Corp
NYSE:PDS

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Precision Drilling Corp
NYSE:PDS
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Price: 94.64 USD 1.4% Market Closed
Market Cap: $1.3B

EV/IC

0.9
Current
19%
More Expensive
vs 3-y average of 0.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.9
=
Enterprise Value
$2.3B
/
Invested Capital
CA$2.5B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.9
=
Enterprise Value
$2.3B
/
Invested Capital
CA$2.5B

Valuation Scenarios

Precision Drilling Corp is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth $79.58 (16% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-16%
Maximum Upside
+542%
Average Upside
147%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.9 $94.64
0%
3-Year Average 0.8 $79.58
-16%
5-Year Average 0.8 $79.12
-16%
Industry Average 6.1 $607.98
+542%
Country Average 1.7 $166.92
+76%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
CA
Precision Drilling Corp
NYSE:PDS
Average P/E: 23.6
29
8%
3.6
CN
China Oilfield Services Ltd
SSE:601808
18.9
10%
1.9
US
Noble Corp (Cayman Island)
NYSE:NE
37
39%
0.9
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -2.6 N/A N/A
BM
Valaris Ltd
NYSE:VAL
7.2
-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: -48.6 N/A N/A
US
Helmerich and Payne Inc
NYSE:HP
Negative Multiple: -12.7 N/A N/A
BM
Seadrill Ltd
NYSE:SDRL
Negative Multiple: -39.9 N/A N/A
SA
A
Arabian Drilling Co
SAU:2381
Negative Multiple: -143.1 N/A N/A

Market Distribution

Lower than 83% of companies in Canada
Percentile
17th
Based on 3 166 companies
17th percentile
0.7
Low
0 — 1
Typical Range
1 — 3.7
High
3.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1
Median 1.7
70th Percentile 3.7
Max 95 179.6

Precision Drilling Corp
Glance View

Market Cap
1.3B USD
Industry
N/A

Precision Drilling Corp. engages in the provision od onshore drilling, completion, and production services to the oil and natural gas industry. The company is headquartered in Calgary, Alberta and currently employs 3,900 full-time employees. The company went IPO on 2010-06-02. The firm's segments include Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and manufacture, sale and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. The company provides onshore drilling services to exploration and production companies in the oil and natural gas and geothermal industries. The company provides well completion, workover, abandonment and re-entry preparation services to oil and natural gas exploration and production companies. The company also provides digital technology offerings.

PDS Intrinsic Value
166.03 USD
Undervaluation 43%
Intrinsic Value
Price $94.64
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