Petrolia E&P Holdings Plc
OSE:PSE

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Petrolia E&P Holdings Plc
OSE:PSE
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Price: 6.1 NOK Market Closed
Market Cap: kr360.7m

P/FCFE

3.4
Current
27%
More Expensive
vs 3-y average of 2.7

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
3.4
=
Market Cap
kr283.4m
/
Free Cash Flow to Equity
$11.1m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
3.4
=
Market Cap
kr283.4m
/
Free Cash Flow to Equity
$11.1m

Valuation Scenarios

Petrolia E&P Holdings Plc is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (2.7), the stock would be worth kr4.79 (21% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-48%
Maximum Upside
+19%
Average Downside
16%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 3.4 kr6.1
0%
3-Year Average 2.7 kr4.79
-21%
5-Year Average 2.9 kr5.23
-14%
Industry Average 1.8 kr3.19
-48%
Country Average 4 kr7.24
+19%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
CY
Petrolia E&P Holdings Plc
OSE:PSE
360.1m NOK 3.4 10.4
US
Schlumberger NV
NYSE:SLB
85.1B USD 31.2 25.5
US
Baker Hughes Co
NASDAQ:BKR
69.1B USD 34.1 22.2
US
Halliburton Co
NYSE:HAL
35.3B USD 21.1 22.9
LU
Tenaris SA
MIL:TEN
27.3B EUR 18.3 16.9
UK
TechnipFMC PLC
NYSE:FTI
30.3B USD 33.6 31.4
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
130.3B CNY 69.2 46.5
UK
Subsea 7 SA
OSE:SUBC
96.2B NOK 14.3 25.4
IT
Saipem SpA
MIL:SPM
8.8B EUR 42.7 18.8
FR
Technip Energies NV
PAR:TE
7.1B EUR 14.4 19.4
US
Weatherford International PLC
NASDAQ:WFRD
7.9B USD 38.8 17.1

Market Distribution

In line with most companies in Cyprus
Percentile
46th
Based on 33 companies
46th percentile
3.4
Low
0.2 — 1.8
Typical Range
1.8 — 10.9
High
10.9 —
Distribution Statistics
Cyprus
Min 0.2
30th Percentile 1.8
Median 4
70th Percentile 10.9
Max 25.9

Petrolia E&P Holdings Plc
Glance View

Market Cap
360.7m NOK
Industry
N/A

Petrolia SE provides drilling and well technology services through the ownership and operation of semi-submersible and jack up drilling rigs. The company operates three business segments, namely Oil & Gas, Drilling & Well Technology and Oilfield Services. The firm is present in Norway, the Netherlands, Romania, Australia, New Zealand and Singapore. Its product categories comprise tubing, drill pipe, casing and handling equipment, as well as oilfield services. As of December 31, 2011, the Company had a number of subsidiaries, such as Petrolia Tool Pool AS, Petrolia Invest AS, Venture Drilling AS, Petrolia Drilling Ltd, Petrolia Norway AS, Petrolia Rigs II AS and Petrolia Drilling II AS, among others. The firm changed its name on February 4, 2013.

PSE Intrinsic Value
11.82 NOK
Undervaluation 48%
Intrinsic Value
Price kr6.1
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