AKITA Drilling Ltd
TSX:AKT.A

Watchlist Manager
AKITA Drilling Ltd Logo
AKITA Drilling Ltd
TSX:AKT.A
Watchlist
Price: 2.195 CAD -1.13% Market Closed
Market Cap: 87.2m CAD

Relative Value

The Relative Value of one AKT.A stock under the Base Case scenario is 5.444 CAD. Compared to the current market price of 2.195 CAD, AKITA Drilling Ltd is Undervalued by 60%.

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.

AKT.A Relative Value
Base Case
5.444 CAD
Undervaluation 60%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
72
Median 3Y
0.3
Median 5Y
0.3
Industry
2
Forward
0.3
vs History
25
vs Industry
10
Median 3Y
3.5
Median 5Y
1.9
Industry
17.4
Forward
4.3
vs History
34
vs Industry
29
Median 3Y
2.1
Median 5Y
2.1
Industry
10.5
vs History
vs Industry
11
Median 3Y
-4.7
Median 5Y
-4.7
Industry
13.4
vs History
17
vs Industry
58
Median 3Y
0.4
Median 5Y
0.4
Industry
1.6
vs History
53
vs Industry
67
Median 3Y
0.6
Median 5Y
0.6
Industry
3
Forward
0.5
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
6.5
vs History
65
vs Industry
26
Median 3Y
3.3
Median 5Y
4.3
Industry
10.7
Forward
2.1
vs History
15
vs Industry
12
Median 3Y
8.2
Median 5Y
-4.7
Industry
12.9
vs History
52
vs Industry
27
Median 3Y
3.6
Median 5Y
4.2
Industry
11.3
vs History
6
vs Industry
14
Median 3Y
11.3
Median 5Y
11
Industry
12.1
vs History
36
vs Industry
54
Median 3Y
0.5
Median 5Y
0.5
Industry
1.6

Multiples Across Competitors

AKT.A Competitors Multiples
AKITA Drilling Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
AKITA Drilling Ltd
TSX:AKT.A
87.2m CAD 0.4 4.6 3.4 11.2
CN
China Oilfield Services Ltd
SSE:601808
41.8B CNY 0.9 12.3 7.5 7.5
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.5 10.7 5.2 8.5
US
Noble Corp (Cayman Island)
NYSE:NE
4.5B USD 1.4 9.8 4.9 7.9
SA
ADES Holding Company SJSC
SAU:2382
14.1B SAR 2.3 17.7 7.9 13.7
BM
Valaris Ltd
NYSE:VAL
3.6B USD 1.5 11.6 6.9 8.7
CH
Transocean Ltd
NYSE:RIG
2.6B USD 0.7 -3.8 7.2 19.3
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.3B USD 0.4 -2.2 3 -61.5
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.9 25.3 6.8 37
BM
Seadrill Ltd
NYSE:SDRL
1.9B USD 1.4 5.1 6.5 15.1
SA
Arabian Drilling Co
SAU:2381
6.9B SAR 1.9 27.6 6.6 19.1
P/E Multiple
Earnings Growth PEG
CA
AKITA Drilling Ltd
TSX:AKT.A
Average P/E: 13.9
4.6
21%
0.2
CN
China Oilfield Services Ltd
SSE:601808
12.3
16%
0.8
US
Noble Corporation PLC
CSE:NOBLE
10.7
-5%
N/A
US
Noble Corp (Cayman Island)
NYSE:NE
9.8
-5%
N/A
SA
A
ADES Holding Company SJSC
SAU:2382
17.7
19%
0.9
BM
Valaris Ltd
NYSE:VAL
11.6
12%
1
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -3.8 N/A N/A
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -2.2 N/A N/A
DK
M
Maersk Drilling A/S
F:72D
25.3
-29%
N/A
BM
Seadrill Ltd
NYSE:SDRL
5.1
-12%
N/A
SA
A
Arabian Drilling Co
SAU:2381
27.6
29%
1