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Dolphin Drilling AS
OSE:DDRIL

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Dolphin Drilling AS
OSE:DDRIL
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Price: 0.55 NOK -75.88% Market Closed
Market Cap: 160.5m NOK

Relative Value

The Relative Value of one DDRIL stock under the Base Case scenario is 5.8 NOK. Compared to the current market price of 0.55 NOK, Dolphin Drilling AS is Undervalued by 91%.

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.

DDRIL Relative Value
Base Case
5.8 NOK
Undervaluation 91%
Relative Value
Price
D
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
57
vs Industry
73
Median 3Y
0.8
Median 5Y
0.8
Industry
2.1
Forward
0.1
vs History
vs Industry
Median 3Y
-2.2
Median 5Y
-2.2
Industry
15.7
Forward
2.5
vs History
vs Industry
Median 3Y
-2.1
Median 5Y
-2.1
Industry
9.8
vs History
vs Industry
Median 3Y
-2
Median 5Y
-2
Industry
12.8
vs History
84
vs Industry
55
Median 3Y
1.3
Median 5Y
1.3
Industry
1.6
vs History
60
vs Industry
66
Median 3Y
1
Median 5Y
1
Industry
3.1
Forward
0.2
vs History
51
vs Industry
8
Median 3Y
2.8
Median 5Y
2.8
Industry
6.3
vs History
vs Industry
22
Median 3Y
-1.8
Median 5Y
-1.8
Industry
10.2
Forward
0.7
vs History
vs Industry
12
Median 3Y
-2.7
Median 5Y
-2.7
Industry
12.1
Forward
1.3
vs History
vs Industry
Median 3Y
-2.4
Median 5Y
-2.4
Industry
10.8
vs History
vs Industry
Median 3Y
-2
Median 5Y
-2
Industry
12
vs History
87
vs Industry
56
Median 3Y
0.9
Median 5Y
0.9
Industry
1.5

Multiples Across Competitors

DDRIL Competitors Multiples
Dolphin Drilling AS Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Dolphin Drilling AS
OSE:DDRIL
160.5m NOK 0.2 -0.3 -0.5 -0.5
SA
ADES Holding Company SJSC
SAU:2382
21.8B SAR 3.5 27.1 10.3 17.7
CN
China Oilfield Services Ltd
SSE:601808
39.5B CNY 0.8 12.6 7.4 7.4
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.6 10.6 5.8 9.3
US
Noble Corp (Cayman Island)
NYSE:NE
3.6B USD 1.2 8.1 4.8 7.7
SA
Arabian Drilling Co
SAU:2381
10.8B SAR 3 33.5 9.2 22.7
BM
Valaris Ltd
NYSE:VAL
2.6B USD 1.1 6.8 6.7 9
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.3B USD 0.5 -2.3 3.1 -62.3
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.8 24.3 6.6 35.7
CH
Transocean Ltd
NYSE:RIG
2.1B USD 0.6 -4.1 6.9 20.7
US
Helmerich and Payne Inc
NYSE:HP
2B USD 0.7 6.7 3.9 7.7
P/E Multiple
Earnings Growth PEG
NO
D
Dolphin Drilling AS
OSE:DDRIL
Average P/E: 16.2
Negative Multiple: -0.3
N/A N/A
SA
A
ADES Holding Company SJSC
SAU:2382
27.1
18%
1.5
CN
China Oilfield Services Ltd
SSE:601808
12.6
16%
0.8
US
Noble Corporation PLC
CSE:NOBLE
10.6
-3%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
8.1
-3%
N/A
SA
A
Arabian Drilling Co
SAU:2381
33.5
29%
1.2
BM
Valaris Ltd
NYSE:VAL
6.8
20%
0.3
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -2.3 N/A N/A
DK
M
Maersk Drilling A/S
F:72D
24.3
-29%
N/A
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -4.1 N/A N/A
US
Helmerich and Payne Inc
NYSE:HP
6.7
2%
3.3