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China Oilfield Services Ltd
OTC:CHOLF

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China Oilfield Services Ltd
OTC:CHOLF
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Price: 1.23 USD Market Closed
Market Cap: $9.2B

P/FCFE

12.7
Current
32%
Cheaper
vs 3-y average of 18.6

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
12.7
=
Market Cap
$72.7B
/
Free Cash Flow to Equity
¥5.7B

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
12.7
=
Market Cap
$72.7B
/
Free Cash Flow to Equity
¥5.7B

Valuation Scenarios

China Oilfield Services Ltd is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (18.6), the stock would be worth $1.8 (46% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+192%
Average Upside
87%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 12.7 $1.23
0%
3-Year Average 18.6 $1.8
+46%
5-Year Average 13.3 $1.29
+5%
Industry Average 37.1 $3.59
+192%
Country Average 26.4 $2.55
+107%

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
CN
China Oilfield Services Ltd
OTC:CHOLF
72.1B USD 12.7 18.9
US
Noble Corp (Cayman Island)
NYSE:NE
8.1B USD 29 37.4
CH
Transocean Ltd
NYSE:RIG
7.5B USD -7.8 -2.6
BM
Valaris Ltd
NYSE:VAL
7.1B USD 167 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
4.6B USD 15.8 -49.5
US
Helmerich and Payne Inc
NYSE:HP
4B USD 19 -12.7
BM
Seadrill Ltd
NYSE:SDRL
3.1B USD -14.2 -40.3
SA
Arabian Drilling Co
SAU:2381
10.8B SAR -460.3 -143.1
BM
Odfjell Drilling Ltd
OSE:ODL
23.8B NOK 27.4 15.5
P/E Multiple
Earnings Growth PEG
CN
China Oilfield Services Ltd
OTC:CHOLF
Average P/E: 21.4
18.9
10%
1.9
US
Noble Corp (Cayman Island)
NYSE:NE
37.4
39%
1
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: -49.5 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: -40.3 N/A N/A
SA
A
Arabian Drilling Co
SAU:2381
Negative Multiple: -143.1 N/A N/A
BM
Odfjell Drilling Ltd
OSE:ODL
15.5
14%
1.1

Market Distribution

Lower than 98% of companies in China
Percentile
2st
Based on 5 086 companies
2st percentile
1
Low
0.2 — 13.7
Typical Range
13.7 — 52.8
High
52.8 —
Distribution Statistics
China
Min 0.2
30th Percentile 13.7
Median 26.4
70th Percentile 52.8
Max 2 279 450.9

China Oilfield Services Ltd
Glance View

Market Cap
9.2B USD
Industry
N/A

In the expansive energy landscape, China Oilfield Services Ltd. (COSL) emerges as a crucial player, orchestrating a symphony of exploration and production services that power economies across Asia and beyond. Established as a subsidiary of China National Offshore Oil Corporation (CNOOC), COSL has crafted a robust identity rooted in engineering expertise and operational prowess. The company operates a diversified portfolio encompassing an array of services such as seismic data acquisition, drilling services, logging, and well testing. Through its arsenal of offshore drilling rigs and a fleet of support vessels, COSL navigates the oceans to serve national and international oil giants. These operations fuel the company’s revenue streams, leveraging advanced technology to improve efficiency and reduce costs—a necessity in the volatile world of fossil fuel extraction. Moreover, COSL has steadily expanded its geographical footprint, spreading its operations from the bustling East China Sea to the formidable waters of the North Sea and Gulf of Mexico. By focusing on innovation and leveraging long-term strategic partnerships, COSL continually enhances its service offerings, adapting to the evolving demands of the energy sector. As the world gradually contemplates a transition to cleaner energy, COSL’s adaptability remains crucial, ensuring it continues to seize opportunities in the dynamic oil services market. By balancing its deep-seated traditional practices with forward-thinking strategies, China Oilfield Services Ltd. plots its course in an uncertain energy future, driven by a commitment to excellence and a vision for sustaining growth.

CHOLF Intrinsic Value
1.26 USD
Undervaluation 3%
Intrinsic Value
Price $1.23
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