Northern Ocean Ltd
OSE:NOL
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Nibe Industrier AB
STO:NIBE B
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SE |
EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its Industry Average (1.5), the stock would be worth kr0.24 (97% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 51.5 | kr8.44 |
0%
|
| Industry Average | 1.5 | kr0.24 |
-97%
|
| Country Average | 8.5 | kr1.39 |
-84%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| BM |
|
Northern Ocean Ltd
OSE:NOL
|
2.6B NOK | 51.5 | -2.6 | |
| CN |
|
China Oilfield Services Ltd
SSE:601808
|
72.7B CNY | 6.4 | 18.9 | |
| US |
|
Noble Corp (Cayman Island)
NYSE:NE
|
7.8B USD | 9.8 | 35.9 | |
| CH |
|
Transocean Ltd
NYSE:RIG
|
6.7B USD | 15.1 | -2.3 | |
| BM |
|
Valaris Ltd
NYSE:VAL
|
6.3B USD | 12.3 | 6.4 | |
| SA |
A
|
ADES Holding Company SJSC
SAU:2382
|
21.9B SAR | 12.6 | 26.8 | |
| US |
|
Noble Corporation PLC
CSE:NOBLE
|
31.4B DKK | 6.8 | 22.7 | |
| US |
|
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
4.2B USD | 5.2 | -45.1 | |
| US |
|
Helmerich and Payne Inc
NYSE:HP
|
3.8B USD | 9.7 | -11.8 | |
| BM |
|
Seadrill Ltd
NYSE:SDRL
|
3B USD | -116.1 | -38.7 | |
| SA |
A
|
Arabian Drilling Co
SAU:2381
|
10.8B SAR | 11.7 | -143.1 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 3.6 |
| Median | 8.5 |
| 70th Percentile | 12.9 |
| Max | 391.6 |
Other Multiples
Northern Ocean Ltd
Glance View
Northern Ocean Ltd. engages in the ownership of offshore drilling rigs. The firm owns and engages in offshore contract drilling for the oil and gas industry in benign and other environments worldwide. The company contracts its drilling rigs primarily on a dayrate basis for periods approximately between one and ten years to drill wells for its customers by targeting integrated and independent oil and gas companies. The Company’s drilling wells include West Mira and West Bollsta.
