Precision Drilling Stock Current Valuation
| PDS Stock | USD 66.38 0.25 0.38% |
Valuation analysis of Precision Drilling helps investors to measure Precision Drilling's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Over EBITDA is likely to drop to 2.78 in 2024. Enterprise Value Multiple is likely to drop to 2.78 in 2024. Fundamental drivers impacting Precision Drilling's valuation include:
Price Book 0.788 | Enterprise Value 1.5 B | Enterprise Value Ebitda 3.6383 | Price Sales 0.4811 | Forward PE 10.1833 |
Undervalued
Today
Please note that Precision Drilling's price fluctuation is very steady at this time. Calculation of the real value of Precision Drilling is based on 3 months time horizon. Increasing Precision Drilling's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Precision stock is determined by what a typical buyer is willing to pay for full or partial control of Precision Drilling. Since Precision Drilling is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Precision Stock. However, Precision 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 66.38 | Real 82.08 | Target 98.62 | Hype 66.29 | Naive 64.36 |
The intrinsic value of Precision 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 Precision 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 Precision Drilling helps investors to forecast how Precision 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 Precision Drilling more accurately as focusing exclusively on Precision Drilling's fundamentals will not take into account other important factors: Precision Drilling Company Current Valuation Analysis
Precision Drilling's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Precision Drilling Current Valuation | 1.53 B |
Most of Precision Drilling's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Precision Drilling is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Precision Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Precision Drilling is extremely important. It helps to project a fair market value of Precision Stock properly, considering its historical fundamentals such as Current Valuation. Since Precision Drilling's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Precision Drilling's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Precision Drilling's interrelated accounts and indicators.
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Precision Current Valuation Historical Pattern
Today, most investors in Precision Drilling Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Precision Drilling's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Precision Drilling current valuation as a starting point in their analysis.
Precision Drilling Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Precision Drilling has a Current Valuation of 1.53 B. This is 96.07% lower than that of the Energy Equipment & Services sector and 63.07% lower than that of the Energy industry. The current valuation for all United States stocks is 90.79% higher than that of the company.
Precision Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Precision Drilling's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Precision Drilling could also be used in its relative valuation, which is a method of valuing Precision Drilling by comparing valuation metrics of similar companies.Precision Drilling is currently under evaluation in current valuation category among its peers.
Precision Drilling Current Valuation Drivers
We derive many important indicators used in calculating different scores of Precision Drilling from analyzing Precision Drilling's financial statements. These drivers represent accounts that assess Precision Drilling's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Precision Drilling's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 695.7M | 526.3M | 595.0M | 1.4B | 989.7M | 940.3M | |
| Enterprise Value | 2.3B | 1.9B | 1.7B | 2.5B | 2.9B | 2.8B |
Precision Drilling ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Precision Drilling's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Precision Drilling's managers, analysts, and investors.Environmental | Governance | Social |
Precision Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.054 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 1.53 B | ||||
| Shares Outstanding | 14.07 M | ||||
| Shares Owned By Insiders | 2.13 % | ||||
| Shares Owned By Institutions | 57.14 % | ||||
| Number Of Shares Shorted | 184.13 K | ||||
| Price To Earning | (6.85) X | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 0.48 X | ||||
| Revenue | 1.94 B | ||||
| Gross Profit | 492.59 M | ||||
| EBITDA | 599.35 M | ||||
| Net Income | 289.24 M | ||||
| Cash And Equivalents | 51.64 M | ||||
| Cash Per Share | 3.80 X | ||||
| Total Debt | 992.19 M | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 1.39 X | ||||
| Book Value Per Share | 117.77 X | ||||
| Cash Flow From Operations | 500.57 M | ||||
| Short Ratio | 1.71 X | ||||
| Earnings Per Share | 11.74 X | ||||
| Price To Earnings To Growth | 0.40 X | ||||
| Target Price | 91.07 | ||||
| Number Of Employees | 5 K | ||||
| Beta | 2.75 | ||||
| Market Capitalization | 933.79 M | ||||
| Total Asset | 3.02 B | ||||
| Retained Earnings | (1.01 B) | ||||
| Working Capital | 145.24 M | ||||
| Current Asset | 561.95 M | ||||
| Current Liabilities | 175.5 M | ||||
| Net Asset | 3.02 B |
About Precision Drilling Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Precision Drilling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Precision Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Precision Drilling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Precision Stock Analysis
When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.