Transocean Ltd
NYSE:RIG

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Transocean Ltd
NYSE:RIG
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Price: 3.23 USD Market Closed
Market Cap: 2.9B USD

Relative Value

The Relative Value of one RIG stock under the Base Case scenario is 12.49 USD. Compared to the current market price of 3.23 USD, Transocean Ltd is Undervalued by 74%.

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
12.49 USD
Undervaluation 74%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
68
vs Industry
63
Median 3Y
1.4
Median 5Y
1
Industry
2
Forward
0.7
vs History
vs Industry
Median 3Y
-5.3
Median 5Y
-4.7
Industry
16.6
Forward
60
vs History
61
vs Industry
22
Median 3Y
11.2
Median 5Y
5.9
Industry
10.1
vs History
vs Industry
Median 3Y
-11.1
Median 5Y
-5.6
Industry
13.6
vs History
44
vs Industry
64
Median 3Y
0.4
Median 5Y
0.3
Industry
1.6
vs History
92
vs Industry
44
Median 3Y
3.5
Median 5Y
3.1
Industry
3.1
Forward
2.2
vs History
90
vs Industry
40
Median 3Y
11.3
Median 5Y
9.3
Industry
6.5
vs History
80
vs Industry
21
Median 3Y
12.4
Median 5Y
9.3
Industry
10.8
Forward
6.4
vs History
44
vs Industry
10
Median 3Y
-120.4
Median 5Y
-70.9
Industry
12.8
Forward
13.8
vs History
79
vs Industry
11
Median 3Y
24.8
Median 5Y
22.4
Industry
11.3
vs History
26
vs Industry
6
Median 3Y
-33
Median 5Y
-31.1
Industry
12
vs History
42
vs Industry
58
Median 3Y
0.5
Median 5Y
0.4
Industry
1.5

Multiples Across Competitors

RIG Competitors Multiples
Transocean Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CH
Transocean Ltd
NYSE:RIG
2.8B USD 0.8 -4.1 7.3 19.7
CN
China Oilfield Services Ltd
SSE:601808
42.8B CNY 0.9 12.6 7.6 7.6
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.5 10.6 5.2 8.4
US
Noble Corp (Cayman Island)
NYSE:NE
4.6B USD 1.4 10 5 8.1
SA
ADES Holding Company SJSC
SAU:2382
14.1B SAR 2.3 17.7 7.9 13.7
BM
Valaris Ltd
NYSE:VAL
3.3B USD 1.3 10.6 6.4 8.2
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.5B USD 0.5 -2.5 3.2 -65.2
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.9 24.9 6.7 36.4
SA
Arabian Drilling Co
SAU:2381
6.9B SAR 1.9 27.6 6.6 19.1
US
Helmerich and Payne Inc
NYSE:HP
1.8B USD 0.6 8.3 4.6 10.1
BM
Seadrill Ltd
NYSE:SDRL
1.8B USD 1.3 4.9 6.1 14.6