Precision Drilling Corp(Calgary)
TSX:PD
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Precision Drilling Corp(Calgary)
TSX:PD
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CA |
Intrinsic Value
The intrinsic value of Precision Drilling Corp(Calgary) (PD) under the Base Case is 132.81 CAD per share.
Compared with the current market price of 118.28 CAD, the stock appears
Undervalued by 11% .
The intrinsic value is calculated using the DCF method. Net margin recovers from roughly break-even last year to 5.3% by 2031. If net margin stayed at its five-year average of 0.2%, the estimate would be about CA$97. The value of the years after 2031 is tied to revenue, so margins count only until then.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Precision Drilling Does
Precision Drilling Corp is a contract drilling company. It owns and runs land drilling rigs and supplies crews, equipment, and technical services to oil and gas producers that need wells drilled and completed. It also offers related services such as directional drilling and other wellsite support that help customers drill more efficiently and reach the right target underground.
- Headquarters
- Canada CA
- Employees
- 5 245
- IPO date
- Jun 2, 2010
Revenue & Expenses Breakdown
Precision Drilling Corp(Calgary)
Earnings Waterfall
Precision Drilling Corp(Calgary)
The intrinsic value for Precision Drilling Corp(Calgary) (PD) under the Base Case is 132.81 CAD.
Compared with the current market price of 118.28 CAD, the stock appears Undervalued by 11% .