NorAm Drilling Valuation
| NORAM Stock | 34.50 1.00 2.99% |
At this time, the firm appears to be overvalued. NorAm Drilling AS secures a last-minute Real Value of USD27.95 per share. The latest price of the firm is USD34.5. Our model forecasts the value of NorAm Drilling AS from analyzing the firm fundamentals such as Current Valuation of 3.11 B, return on equity of -0.36, and Profit Margin of (0.15) % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that NorAm Drilling's price fluctuation is very steady at this time. Calculation of the real value of NorAm Drilling AS is based on 3 months time horizon. Increasing NorAm Drilling's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since NorAm Drilling is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NorAm Stock. However, NorAm Drilling's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 34.5 | Real 27.95 | Hype 34.5 | Naive 32.48 |
The intrinsic value of NorAm Drilling's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence NorAm Drilling's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of NorAm Drilling AS helps investors to forecast how NorAm stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of NorAm Drilling more accurately as focusing exclusively on NorAm Drilling's fundamentals will not take into account other important factors: NorAm Drilling Total Value Analysis
NorAm Drilling AS is now estimated to have takeover price of 3.11 B with market capitalization of 2.73 B, debt of 80 M, and cash on hands of 12.78 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the NorAm Drilling fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
3.11 B | 2.73 B | 80 M | 12.78 M |
NorAm Drilling Investor Information
The company last dividend was issued on the 13th of January 2023. NorAm Drilling AS is not in a good financial situation at the moment. It has a very high risk of going through financial straits in January.NorAm Drilling Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. NorAm Drilling has an asset utilization ratio of 41.27 percent. This suggests that the Company is making USD0.41 for each dollar of assets. An increasing asset utilization means that NorAm Drilling AS is more efficient with each dollar of assets it utilizes for everyday operations.NorAm Drilling Ownership Allocation
NorAm Drilling AS maintains a total of 43.14 Million outstanding shares. Roughly 95.9 % of NorAm Drilling outstanding shares are held by general public with 4.1 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.NorAm Drilling Profitability Analysis
The company reported the revenue of 50.38 M. Net Loss for the year was (19.53 M) with profit before overhead, payroll, taxes, and interest of 33.99 M.About NorAm Drilling Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of NorAm Drilling AS. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of NorAm Drilling AS based exclusively on its fundamental and basic technical indicators. By analyzing NorAm Drilling's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of NorAm Drilling's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of NorAm Drilling. We calculate exposure to NorAm Drilling's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of NorAm Drilling's related companies.8 Steps to conduct NorAm Drilling's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates NorAm Drilling's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct NorAm Drilling's valuation analysis, follow these 8 steps:- Gather financial information: Obtain NorAm Drilling's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine NorAm Drilling's revenue streams: Identify NorAm Drilling's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research NorAm Drilling's industry and market trends, including the size of the market, growth rate, and competition.
- Establish NorAm Drilling's growth potential: Evaluate NorAm Drilling's management, business model, and growth potential.
- Determine NorAm Drilling's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate NorAm Drilling's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Other Information on Investing in NorAm Stock
NorAm Drilling financial ratios help investors to determine whether NorAm Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NorAm with respect to the benefits of owning NorAm Drilling security.