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Transocean Ltd
NYSE:RIG

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Transocean Ltd
NYSE:RIG
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Price: 5.57 USD 3.72% Market Closed
Updated: May 6, 2024

Relative Value

The Relative Value of one RIG stock under the Base Case scenario is 13.67 USD. Compared to the current market price of 5.57 USD, Transocean Ltd is Undervalued by 59%.

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.

RIG Relative Value
Base Case
13.67 USD
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
22
vs Industry
51
Median 3Y
1.1
Median 5Y
1
Industry
2.3
Forward
1.2
vs History
vs Industry
Median 3Y
-5
Median 5Y
-3.8
Industry
19.9
Forward
-131.6
vs History
1
vs Industry
6
Median 3Y
6.6
Median 5Y
6.2
Industry
10.3
vs History
vs Industry
Median 3Y
-6.7
Median 5Y
-4.1
Industry
14.3
vs History
20
vs Industry
62
Median 3Y
0.3
Median 5Y
0.2
Industry
1.6
vs History
28
vs Industry
40
Median 3Y
3.3
Median 5Y
3.3
Industry
3.4
Forward
3
vs History
11
vs Industry
28
Median 3Y
10.2
Median 5Y
9.5
Industry
7.2
vs History
7
vs Industry
12
Median 3Y
9.9
Median 5Y
9.6
Industry
11.5
Forward
8.6
vs History
vs Industry
0
Median 3Y
-124.8
Median 5Y
-89
Industry
13.6
Forward
21.7
vs History
1
vs Industry
4
Median 3Y
21.6
Median 5Y
23.2
Industry
11.5
vs History
vs Industry
Median 3Y
17.2
Median 5Y
17.2
Industry
12.7
vs History
20
vs Industry
62
Median 3Y
0.5
Median 5Y
0.4
Industry
1.5

Multiples Across Competitors

RIG Competitors Multiples
Transocean Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CH
Transocean Ltd
NYSE:RIG
4.6B USD 1.5 -11.7 15.8 -115
CN
China Oilfield Services Ltd
SSE:601808
53B CNY 1.2 17.6 12.8 12.8
US
Noble Corp (Cayman Island)
NYSE:NE
6.4B USD 2.5 13.2 7.2 10.7
US
Noble Corporation PLC
CSE:NOBLE
44.3B DKK 2.5 13.3 7.2 10.8
SA
ADES Holding Company SJSC
SAU:2382
21.8B SAR 5 49.2 15 24.5
BM
Valaris Ltd
NYSE:VAL
4.9B USD 2.6 5.9 33.2 89.3
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
4.4B USD 1.1 17.8 4.6 12.1
US
Helmerich and Payne Inc
NYSE:HP
3.8B USD 1.4 10.7 4.8 8.9
SA
Arabian Drilling Co
SAU:2381
13.8B SAR 3.9 22.8 10.2 19.1
BM
Seadrill Ltd
OSE:SDRL
40.1B NOK 2.5 12.3 7.3 10.6
DK
Maersk Drilling A/S
OTC:DDRLF
1.5B USD 1.3 16.5 4.8 26

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