Relative Value

The Relative Value of one 1Y1 stock under the Base Case scenario is 0.055 SGD. Compared to the current market price of 0.036 SGD, 9R Ltd is Undervalued by 35%.

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.

1Y1 Relative Value
Base Case
0.055 SGD
Undervaluation 35%
Relative Value
Price
9
Worst Case
Base Case
Best Case

Multiples Across Competitors

1Y1 Competitors Multiples
9R Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
9R Ltd
SGX:1Y1
40m SGD 2.7 -20.2 27.5 -12.5
US
Schlumberger NV
NYSE:SLB
76.7B USD 2.1 22.7 10 14.6
US
Baker Hughes Co
NASDAQ:BKR
58.6B USD 2.1 22.7 12.7 17
US
Halliburton Co
NYSE:HAL
29B USD 1.3 22.6 8 11
LU
Tenaris SA
MIL:TEN
20.2B EUR 2 12 7.4 9.4
UK
TechnipFMC PLC
NYSE:FTI
22.6B USD 2.3 24.1 12.9 17.3
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
95.5B CNY 6.1 33.7 30.1 30.1
CN
Sinopec Oilfield Service Corp
SSE:600871
54.4B CNY 0.7 87.1 43.5 43.5
UK
Subsea 7 SA
OSE:SUBC
73B NOK 1.1 26 6.5 14.1
IT
Saipem SpA
MIL:SPM
6.1B EUR 0.3 12.7 3.2 6
US
Weatherford International PLC
NASDAQ:WFRD
7.2B USD 1.4 17.7 7.3 10
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
9
9R Ltd
SGX:1Y1
Average EV/EBIT: 17.3
Negative Multiple: -12.5
N/A N/A
US
Schlumberger NV
NYSE:SLB
14.6
9%
1.6
US
B
Baker Hughes Co
NASDAQ:BKR
17
11%
1.5
US
Halliburton Co
NYSE:HAL
11
6%
1.8
LU
Tenaris SA
MIL:TEN
9.4
-4%
N/A
UK
TechnipFMC PLC
NYSE:FTI
17.3
22%
0.8
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
30.1
23%
1.3
CN
Sinopec Oilfield Service Corp
SSE:600871
43.5
-11%
N/A
UK
Subsea 7 SA
OSE:SUBC
14.1
31%
0.5
IT
Saipem SpA
MIL:SPM
6
14%
0.4
US
Weatherford International PLC
NASDAQ:WFRD
10
-5%
N/A