S

Shelf Drilling Ltd
OSE:SHLF

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Shelf Drilling Ltd
OSE:SHLF
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Price: 9.08 NOK Market Closed
Market Cap: 2.3B NOK

Relative Value

The Relative Value of one SHLF stock under the Base Case scenario is 94.12 NOK. Compared to the current market price of 9.08 NOK, Shelf Drilling Ltd is Undervalued by 90%.

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.

SHLF Relative Value
Base Case
94.12 NOK
Undervaluation 90%
Relative Value
Price
S
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
54
vs Industry
81
Median 3Y
0.5
Median 5Y
0.3
Industry
2
Forward
0.2
vs History
24
vs Industry
31
Median 3Y
1.6
Median 5Y
-0.5
Industry
17.5
Forward
3
vs History
35
vs Industry
30
Median 3Y
5.6
Median 5Y
3.1
Industry
10.6
vs History
9
vs Industry
Median 3Y
-1.7
Median 5Y
-1.2
Industry
13.3
vs History
61
vs Industry
57
Median 3Y
1.4
Median 5Y
0.8
Industry
1.6
vs History
88
vs Industry
56
Median 3Y
1.9
Median 5Y
1.9
Industry
3
Forward
1.3
vs History
91
vs Industry
56
Median 3Y
4.4
Median 5Y
4.5
Industry
6.5
vs History
93
vs Industry
27
Median 3Y
6.5
Median 5Y
7.1
Industry
10.8
Forward
3.8
vs History
93
vs Industry
24
Median 3Y
9.3
Median 5Y
13.3
Industry
12.9
Forward
6.3
vs History
30
vs Industry
16
Median 3Y
23.9
Median 5Y
23.9
Industry
11.1
vs History
1
vs Industry
8
Median 3Y
-3.9
Median 5Y
-10.6
Industry
12.1
vs History
77
vs Industry
50
Median 3Y
0.9
Median 5Y
0.8
Industry
1.6

Multiples Across Competitors

SHLF Competitors Multiples
Shelf Drilling Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AE
Shelf Drilling Ltd
OSE:SHLF
2.3B NOK 0.2 2.5 4.2 5.9
CN
China Oilfield Services Ltd
SSE:601808
40.9B CNY 0.8 12.1 7.3 7.3
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.5 10.4 5.1 8.3
US
Noble Corp (Cayman Island)
NYSE:NE
4.1B USD 1.2 8.9 4.6 7.4
SA
ADES Holding Company SJSC
SAU:2382
14.1B SAR 2.3 17.7 7.9 13.7
BM
Valaris Ltd
NYSE:VAL
3.2B USD 1.3 10.4 6.3 8
CH
Transocean Ltd
NYSE:RIG
2.5B USD 0.7 -3.6 7 19
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.1B USD 0.4 -2 3.2 -23
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.9 24.6 6.7 36.1
SA
Arabian Drilling Co
SAU:2381
6.9B SAR 1.9 27.6 6.6 19.1
UK
Odfjell Drilling Ltd
OTC:ODFJF
1.7B USD 2.2 21.3 12.8 12.8