AKITA Drilling Ltd
TSX:AKT.A

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AKITA Drilling Ltd Logo
AKITA Drilling Ltd
TSX:AKT.A
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Price: 1.96 CAD 1.03%
Market Cap: 77.9m CAD

Net Margin
AKITA Drilling Ltd

9.7%
Current
5%
Average
4%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
9.7%
=
Net Income
21.6m
/
Revenue
223.3m

Net Margin Across Competitors

AKITA Drilling Ltd
Glance View

Market Cap
77.9m CAD
Industry
N/A

Akita Drilling Ltd. engages in the drilling solutions in the field of oil and natural gas. The company is headquartered in Calgary, Alberta and currently employs 400 full-time employees. The firm is oil and gas drilling contractor with a fleet of 37 drilling rigs. AKITA provides contract drilling services through two geographical segments: Canada and the United States. In addition to conventional drilling, the Company specializes in pad and other purpose-built drilling rigs and is active in directional, horizontal and underbalanced drilling providing specialized drilling services to a range of independent and multinational oil and gas companies. With a fleet of 20 rigs, the Company's Canadian division operates in Alberta, British Columbia, Saskatchewan, Yukon and the Northwest Territories. With a fleet of 17 rigs, the Company's United States division conducts operations in Colorado, Wyoming, Texas, New Mexico, North Dakota and Oklahoma.

AKT.A Intrinsic Value
4.89 CAD
Undervaluation 60%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
9.7%
=
Net Income
21.6m
/
Revenue
223.3m
What is the Net Margin of AKITA Drilling Ltd?

Based on AKITA Drilling Ltd's most recent financial statements, the company has Net Margin of 9.7%.

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