Projected Income Statement: NorAm Drilling Company AS

Forecast Balance Sheet: NorAm Drilling Company AS

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 - -134 -128 -93.1 -99.4 -58.8 -62.3 -62.3
Change - - 4.48% 27.27% -6.77% 40.85% -5.95% 0%
Announcement Date 25/05/22 20/02/23 22/02/24 19/02/25 19/02/26 - - -
1NOK in Million
Estimates

Cash Flow Forecast: NorAm Drilling Company AS

Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 34.38 52.38 37.49 14.23 39.21 29.41 29.41
Change - 52.34% -28.43% -62.06% 175.62% -25% 0%
Free Cash Flow (FCF) 1 129.8 436.7 131.2 - 156.8 254.9 303.9
Change - 236.49% -69.97% - - 62.5% 19.23%
Announcement Date 20/02/23 22/02/24 19/02/25 19/02/26 - - -
1NOK in Million
Estimates

Forecast Financial Ratios: NorAm Drilling Company AS

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) - 27.35% 34.91% 23.38% 19.78% 23.48% 28.54% 30.21%
EBIT Margin (%) - 7.21% 18.72% 4.14% 13.67% 18.26% 23.65% 25.46%
EBT Margin (%) - 3.15% 19.02% 4.32% 14.02% 18.26% 23.64% 25.45%
Net margin (%) - 3.12% 15.99% 2.19% 14.65% 14.78% 20.76% 22.24%
FCF margin (%) - 13.29% 35.12% 11.42% - 13.91% 22.23% 25.71%
FCF / Net Income (%) - 426.02% 219.56% 522.32% - 94.12% 107.12% 115.61%

Profitability

        
ROA - - - - - - - -
ROE - 4.31% 23.77% 3.45% 27.03% 31.3% 48.53% 55.56%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) - 3.52% 4.21% 3.26% 1.47% 3.48% 2.57% 2.49%
CAPEX / EBITDA (%) - 12.88% 12.06% 13.96% 7.43% 14.81% 8.99% 8.24%
CAPEX / FCF (%) - 26.49% 11.99% 28.58% - 25% 11.54% 9.68%

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 - - - - - 4.705 5.879 6.476
Change - - - - - - 24.95% 10.15%
Book Value Per Share 1 - - 18.8 15.15 12.41 11.76 11.26 10.58
Change - - - -19.41% -18.08% -5.23% -4.28% -6.02%
EPS 1 -7.784 3.376 4.521 0.5571 3.255 3.823 5.446 5.994
Change - 143.37% 33.92% -87.68% 484.26% 17.46% 42.44% 10.07%
Nbr of stocks (in thousands) 23,392 43,141 43,141 43,255 43,318 43,318 43,318 43,318
Announcement Date 25/05/22 20/02/23 22/02/24 19/02/25 19/02/26 - - -
1NOK
Estimates
2026 *2027 *
P/E 11x 7.69x
PBR 3.56x 3.72x
EV / Sales 1.56x 1.53x
Yield 11.2% 14%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
41.90NOK
Average target price
56.50NOK
Spread / Average Target
+34.84%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. NORAM Stock
  4. NORAM Stock
  5. Financials NorAm Drilling Company AS