S

Shelf Drilling Ltd
OSE:SHLF

Watchlist Manager
Shelf Drilling Ltd
OSE:SHLF
Watchlist
Price: 18.44 NOK Market Closed
Market Cap: kr4.7B

P/FCFE

-8.8
Current
291%
More Expensive
vs 3-y average of -2.3

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
-8.8
=
Market Cap
kr4.7B
/
Free Cash Flow to Equity
$-56m

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
-8.8
=
Market Cap
kr4.7B
/
Free Cash Flow to Equity
$-56m

Valuation Scenarios

Shelf Drilling Ltd is trading above its industry average

If P/FCFE returns to its Industry Average (0.3), the stock would be worth kr-0.53 (103% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-328%
Maximum Upside
No Upside Scenarios
Average Downside
215%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -8.8 kr18.44
0%
Industry Average 0.3 kr-0.53
-103%
Country Average 20.1 kr-41.96
-328%

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
AE
Shelf Drilling Ltd
OSE:SHLF
4.7B NOK -8.8 4.2
CN
China Oilfield Services Ltd
SSE:601808
72.1B CNY 12.7 18.9
US
Noble Corp (Cayman Island)
NYSE:NE
8B USD 28.7 37
CH
Transocean Ltd
NYSE:RIG
7.5B USD -7.8 -2.6
BM
Valaris Ltd
NYSE:VAL
7.1B USD 167.4 7.2
SA
ADES Holding Company SJSC
SAU:2382
21.9B SAR 5.5 26.8
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 17.6 22.7
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
4.5B USD 15.5 -48.6
US
Helmerich and Payne Inc
NYSE:HP
4B USD 19.1 -12.7
BM
Seadrill Ltd
NYSE:SDRL
3.1B USD -14.1 -39.9
SA
Arabian Drilling Co
SAU:2381
10.8B SAR -460.3 -143.1
P/E Multiple
Earnings Growth PEG
AE
S
Shelf Drilling Ltd
OSE:SHLF
Average P/E: 19.5
4.2
-9%
N/A
CN
China Oilfield Services Ltd
SSE:601808
18.9
10%
1.9
US
Noble Corp (Cayman Island)
NYSE:NE
37
39%
0.9
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -2.6 N/A N/A
BM
Valaris Ltd
NYSE:VAL
7.2
-28%
N/A
SA
A
ADES Holding Company SJSC
SAU:2382
26.8
17%
1.6
US
Noble Corporation PLC
CSE:NOBLE
22.7
39%
0.6
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -48.6 N/A N/A
US
Helmerich and Payne Inc
NYSE:HP
Negative Multiple: -12.7 N/A N/A
BM
Seadrill Ltd
NYSE:SDRL
Negative Multiple: -39.9 N/A N/A
SA
A
Arabian Drilling Co
SAU:2381
Negative Multiple: -143.1 N/A N/A

Market Distribution

Lower than 100% of companies in United Arab Emirates
Percentile
0th
Based on 12 companies
0th percentile
-8.8
Low
0.3 — 17.6
Typical Range
17.6 — 20.1
High
20.1 —
Distribution Statistics
United Arab Emirates
Min 0.3
30th Percentile 17.6
Median 20.1
70th Percentile 20.1
Max 2 459.3

Shelf Drilling Ltd
Glance View

Market Cap
4.7B NOK
Industry
N/A

Shelf Drilling Ltd. is an international shallow water offshore drilling contractor, which engages in the provision of g equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells. The company is headquartered in Dubai, Dubai and currently employs 3,105 full-time employees. The company went IPO on 2018-06-05. The firm's fleet consists of more than 30 jack-up rigs for gas and oil exploration. The rigs are located in such countries as Bahrain, Egypt, the United Arab Emirates, Saudi Arabia, Nigeria, India, Malaysia, Thailand and Italy. The firm's customer portfolio includes Shell, ONGC, Saudi Aramco, ADNOC Drilling, Petrobel, Amapetco, Conoil and Chevron, among others.

SHLF Intrinsic Value
31.54 NOK
Undervaluation 42%
Intrinsic Value
Price kr18.44
S
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett