Odfjell Drilling Ltd
OSE:ODL

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Odfjell Drilling Ltd
OSE:ODL
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Price: 72.8 NOK 0.97%
Market Cap: 17.5B NOK

Relative Value

The Relative Value of one ODL stock under the Base Case scenario is 95.7 NOK. Compared to the current market price of 72.8 NOK, Odfjell Drilling Ltd is Undervalued by 24%.

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.

ODL Relative Value
Base Case
95.7 NOK
Undervaluation 24%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
47
Median 3Y
1.3
Median 5Y
1
Industry
2
Forward
2.1
vs History
0
vs Industry
16
Median 3Y
5.4
Median 5Y
5
Industry
17.3
Forward
11.1
vs History
0
vs Industry
24
Median 3Y
3.5
Median 5Y
2.3
Industry
10.5
vs History
0
vs Industry
15
Median 3Y
9.6
Median 5Y
-7.6
Industry
13.4
vs History
0
vs Industry
45
Median 3Y
0.7
Median 5Y
0.5
Industry
1.6
vs History
0
vs Industry
45
Median 3Y
2
Median 5Y
1.9
Industry
3
Forward
2.6
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.5
vs History
0
vs Industry
16
Median 3Y
8.1
Median 5Y
7.1
Industry
10.8
Forward
5.2
vs History
1
vs Industry
17
Median 3Y
8.8
Median 5Y
8.6
Industry
12.9
Forward
9.2
vs History
0
vs Industry
21
Median 3Y
5.2
Median 5Y
4.8
Industry
11.2
vs History
1
vs Industry
14
Median 3Y
7.1
Median 5Y
7.3
Industry
12
vs History
0
vs Industry
44
Median 3Y
0.7
Median 5Y
0.6
Industry
1.5

Multiples Across Competitors

ODL Competitors Multiples
Odfjell Drilling Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
Odfjell Drilling Ltd
OSE:ODL
17.5B NOK 2.2 21.2 12.7 12.7
CN
China Oilfield Services Ltd
SSE:601808
40.7B CNY 0.8 12 7.3 7.3
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.5 10.7 5.2 8.5
US
Noble Corp (Cayman Island)
NYSE:NE
4.9B USD 1.5 10.6 5.2 8.4
SA
ADES Holding Company SJSC
SAU:2382
14.1B SAR 2.3 17.7 7.9 13.7
BM
Valaris Ltd
NYSE:VAL
3.6B USD 1.5 11.6 6.9 8.7
CH
Transocean Ltd
NYSE:RIG
2.6B USD 0.7 -3.7 7.1 19.1
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.5B USD 0.5 -2.5 3.3 -66.2
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.9 25.2 6.8 36.8
BM
Seadrill Ltd
NYSE:SDRL
1.9B USD 1.4 5.2 6.6 15.4
SA
Arabian Drilling Co
SAU:2381
6.9B SAR 1.9 27.6 6.6 19.1
P/E Multiple
Earnings Growth PEG
BM
Odfjell Drilling Ltd
OSE:ODL
Average P/E: 15.8
21.2
43%
0.5
CN
China Oilfield Services Ltd
SSE:601808
12
16%
0.8
US
Noble Corporation PLC
CSE:NOBLE
10.7
-4%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
10.6
-4%
N/A
SA
A
ADES Holding Company SJSC
SAU:2382
17.7
19%
0.9
BM
Valaris Ltd
NYSE:VAL
11.6
14%
0.8
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -3.7 N/A N/A
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -2.5 N/A N/A
DK
M
Maersk Drilling A/S
F:72D
25.2
-29%
N/A
BM
Seadrill Ltd
NYSE:SDRL
5.2
-8%
N/A
SA
A
Arabian Drilling Co
SAU:2381
27.6
29%
1