B

Borr Drilling Ltd
OSE:BORR

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Borr Drilling Ltd
OSE:BORR
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Price: 40.56 NOK Market Closed
Market Cap: 10.7B NOK

Relative Value

The Relative Value of one BORR stock under the Base Case scenario is 144.13 NOK. Compared to the current market price of 40.56 NOK, Borr Drilling Ltd is Undervalued by 72%.

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.

BORR Relative Value
Base Case
144.13 NOK
Undervaluation 72%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
58
vs Industry
58
Median 3Y
1.9
Median 5Y
1.2
Industry
2.1
Forward
1
vs History
17
vs Industry
23
Median 3Y
-1.8
Median 5Y
-0.8
Industry
17.2
Forward
8.7
vs History
3
vs Industry
1
Median 3Y
15.5
Median 5Y
-3.3
Industry
10.5
vs History
vs Industry
16
Median 3Y
-8.8
Median 5Y
-4
Industry
13.5
vs History
39
vs Industry
44
Median 3Y
1.4
Median 5Y
0.9
Industry
1.6
vs History
80
vs Industry
42
Median 3Y
3.5
Median 5Y
5.1
Industry
3.1
Forward
2.7
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.5
vs History
63
vs Industry
25
Median 3Y
8.6
Median 5Y
7.7
Industry
10.9
Forward
5.3
vs History
36
vs Industry
22
Median 3Y
9.3
Median 5Y
-13
Industry
12.9
Forward
7
vs History
3
vs Industry
0
Median 3Y
28.9
Median 5Y
-28.8
Industry
11.2
vs History
vs Industry
Median 3Y
-23.1
Median 5Y
-22.1
Industry
11.9
vs History
33
vs Industry
44
Median 3Y
0.9
Median 5Y
0.7
Industry
1.5

Multiples Across Competitors

BORR Competitors Multiples
Borr Drilling Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
Borr Drilling Ltd
OSE:BORR
10.2B NOK 1 11.9 5.7 7.7
CN
China Oilfield Services Ltd
SSE:601808
40.3B CNY 0.8 11.9 7.2 7.2
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.5 10.7 5.2 8.5
US
Noble Corp (Cayman Island)
NYSE:NE
4.3B USD 1.3 9.2 4.7 7.6
SA
ADES Holding Company SJSC
SAU:2382
14.1B SAR 2.3 17.7 7.9 13.7
BM
Valaris Ltd
NYSE:VAL
3B USD 1.2 9.6 5.9 7.5
CH
Transocean Ltd
NYSE:RIG
2.3B USD 0.6 -3.3 6.8 18.4
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.3B USD 0.4 -2.2 3 -61.4
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.9 25.2 6.8 36.8
SA
Arabian Drilling Co
SAU:2381
6.9B SAR 1.9 27.6 6.6 19.1
BM
Seadrill Ltd
NYSE:SDRL
1.6B USD 1.2 4.4 5.7 13.2
P/E Multiple
Earnings Growth PEG
BM
B
Borr Drilling Ltd
OSE:BORR
Average P/E: 14.2
11.9
109%
0.1
CN
China Oilfield Services Ltd
SSE:601808
11.9
16%
0.7
US
Noble Corporation PLC
CSE:NOBLE
10.7
-4%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
9.2
-4%
N/A
SA
A
ADES Holding Company SJSC
SAU:2382
17.7
19%
0.9
BM
Valaris Ltd
NYSE:VAL
9.6
14%
0.7
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -3.3 N/A N/A
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -2.2 N/A N/A
DK
M
Maersk Drilling A/S
F:72D
25.2
-29%
N/A
SA
A
Arabian Drilling Co
SAU:2381
27.6
29%
1
BM
Seadrill Ltd
NYSE:SDRL
4.4
-8%
N/A