Odfjell Drilling Ltd.

$ 86.20 2.62 %

Odfjell Drilling Ltd. is an international enterprise primarily engaged in the ownership and operation of mobile offshore drilling units across diverse regions including Norway, the United Kingdom, broader Europe, Asia, and Africa. Its business activities are structured into three principal segments: Mobile Offshore Drilling Units (MODU), Energy, and Well Services (OWS). The MODU segment offers extensive management services to other proprietors of drilling units, encompassing operational stewardship, ensuring adherence to regulatory standards, strategic marketing efforts, client relationship and contract administration, and meticulous preparation for unit operations and mobilization. The Energy segment provides integrated drilling and maintenance solutions specifically for fixed platform drilling rigs located in the North Sea. Furthermore, it delivers engineering expertise, covering aspects such as design, project management, and operational and technical support. Lastly, the OWS (Well Services) segment specializes in services like the deployment of casing and tubulars, wellbore cleansing, and the leasing of drilling tools and tubulars, catering to both exploration and production requirements. Founded in 1914, Odfjell Drilling Ltd. has its main corporate headquarters in Aberdeen, United Kingdom, and functions as a subsidiary of Odfjell Partners Ltd.

CEO: Kjetil Gjersdal - https://www.odfjelldrilling.com

Price objectif

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Recommandation

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DCF

$ 126.95

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ODL.OL vs S&P500

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Quick ratio

0.94

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

10.41

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

8.28

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

15.10 %

reflects reasonable profitability, showing good use of equity.

ROIC

11.56 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

5.93

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.69

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

-0.90

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

85.94 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
1.82 indicates an uncertain financial situation
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Cash / Debt

Cash Ratio
0.28 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.38 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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