SEADRILL LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 548 NOK | +0.55% |
|
-0.36% | +14.52% |
| 04-16 | BWS Financial Raises Price Target on Seadrill to $80 From $62, Maintains Buy Rating | MT |
| 03-27 | Tranche Update on Seadrill Limited's Equity Buyback Plan announced on November 27, 2023. | CI |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 1,632 | 3,490 | 3,539 | - | - |
| Enterprise Value (EV) 1 | 1,552 | 3,370 | 3,680 | 3,337 | 2,741 |
| P/E ratio | 0.8 x | 11.5 x | 19.2 x | 8.31 x | 5.27 x |
| Yield | - | - | - | 5.98% | 3.99% |
| Capitalization / Revenue | 1.61 x | 2.32 x | 2.39 x | 1.95 x | 1.74 x |
| EV / Revenue | 1.53 x | 2.24 x | 2.48 x | 1.84 x | 1.35 x |
| EV / EBITDA | 5.86 x | 7.13 x | 8.77 x | 4.76 x | 3.01 x |
| EV / FCF | -11.1 x | 18.1 x | -89.7 x | 6.8 x | 3.56 x |
| FCF Yield | -9.02% | 5.52% | -1.11% | 14.7% | 28.1% |
| Price to Book | 0.96 x | 1.17 x | 1.19 x | 1.1 x | 0.96 x |
| Nbr of stocks (in thousands) | 50,000 | 73,826 | 70,531 | - | - |
| Reference price 2 | 32.64 | 47.28 | 50.18 | 50.18 | 50.18 |
| Announcement Date | 04/04/23 | 28/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,388 | 1,059 | 1,008 | 1,012 | 1,502 | 1,484 | 1,814 | 2,036 |
| EBITDA 1 | 265 | 100 | 138 | 265 | 473 | 419.7 | 700.7 | 910.8 |
| EBIT 1 | -295 | -247 | -157 | 72 | 307 | 241.1 | 519.9 | 741.1 |
| Operating Margin | -21.25% | -23.32% | -15.58% | 7.11% | 20.44% | 16.25% | 28.66% | 36.4% |
| Earnings before Tax (EBT) 1 | -1,261 | -4,658 | -587 | 3,678 | 317 | 229 | 518.6 | 750.4 |
| Net income 1 | -1,219 | -4,659 | -587 | 3,907 | 300 | 188.1 | 445.2 | 660.8 |
| Net margin | -87.82% | -439.94% | -58.23% | 386.07% | 19.97% | 12.68% | 24.54% | 32.45% |
| EPS 2 | - | - | - | 40.80 | 4.120 | 2.613 | 6.039 | 9.522 |
| Free Cash Flow 1 | -304 | -447 | -183 | -140 | 186 | -41 | 491 | 769 |
| FCF margin | -21.9% | -42.21% | -18.15% | -13.83% | 12.38% | -2.76% | 27.07% | 37.77% |
| FCF Conversion (EBITDA) | - | - | - | - | 39.32% | - | 70.07% | 84.44% |
| FCF Conversion (Net income) | - | - | - | - | 62% | - | 110.28% | 116.38% |
| Dividend per Share 2 | - | - | - | - | - | - | 3.000 | 2.000 |
| Announcement Date | 27/02/20 | 04/03/21 | 04/02/22 | 04/04/23 | 28/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | 293 | 284 | 269 | 228 | 266 | 414 | 414 | 408 | 372.2 | 355.3 | 356.4 | 398.8 | 438.4 |
| EBITDA 1 | - | - | - | 75 | 71 | 39 | 85 | 159 | 151 | 99 | 106.1 | 97.48 | 89.86 | 126.5 | 162.2 |
| EBIT 1 | - | - | - | 25 | 20 | -7 | 51 | 109 | 117 | 55 | 63.75 | 53.68 | 44.75 | 79.12 | 119.4 |
| Operating Margin | - | - | - | 8.8% | 7.43% | -3.07% | 19.17% | 26.33% | 28.26% | 13.48% | 17.13% | 15.11% | 12.56% | 19.84% | 27.22% |
| Earnings before Tax (EBT) 1 | -52 | -24 | - | -28 | -16 | -23 | 44 | 107 | 112 | 54 | 60.34 | 49.56 | 34.96 | 74.01 | 114.2 |
| Net income 1 | -86 | - | - | -36 | -16 | 249 | 43 | 94 | 90 | 73 | 49.85 | 40.24 | 31.9 | 63.39 | 99.59 |
| Net margin | - | - | - | -12.68% | -5.95% | 109.21% | 16.17% | 22.71% | 21.74% | 17.89% | 13.39% | 11.33% | 8.95% | 15.89% | 22.71% |
| EPS 2 | - | - | - | - | -0.3200 | 4.750 | 0.8300 | 1.160 | 1.100 | 0.9500 | 0.6683 | 0.5546 | 0.4986 | 0.8796 | 1.387 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 30/11/22 | 04/02/22 | 25/05/22 | 04/09/22 | 30/11/22 | 04/04/23 | 23/05/23 | 15/08/23 | 27/11/23 | 28/02/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 5,736 | 6,069 | - | - | - | 140 | - | - |
| Net Cash position 1 | - | - | 312 | 80 | 120 | - | 202 | 798 |
| Leverage (Debt/EBITDA) | 21.65 x | 60.69 x | - | - | - | 0.3347 x | - | - |
| Free Cash Flow 1 | -304 | -447 | -183 | -140 | 186 | -41 | 491 | 769 |
| ROE (net income / shareholders' equity) | -53.9% | - | - | -388% | 12.8% | 5.93% | 13.9% | 17.6% |
| ROA (Net income/ Total Assets) | -12.1% | -70.4% | -15% | - | 8.55% | 4.2% | 8.6% | 12.3% |
| Assets 1 | 10,066 | 6,620 | 3,920 | - | 3,510 | 4,479 | 5,177 | 5,372 |
| Book Value Per Share 2 | - | - | - | 34.00 | 40.30 | 42.00 | 45.50 | 52.50 |
| Cash Flow per Share | - | - | - | - | 3.940 | - | - | - |
| Capex 1 | 48 | 27 | 29 | 149 | 101 | 334 | 158 | 181 |
| Capex / Sales | 3.46% | 2.55% | 2.88% | 14.72% | 6.72% | 22.53% | 8.71% | 8.86% |
| Announcement Date | 27/02/20 | 04/03/21 | 04/02/22 | 04/04/23 | 28/02/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
50.18
USD
Average target price
64.83
USD
Spread / Average Target
+29.20%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +9.91% | 218M |
- Stock Market
- Equities
- SDRL Stock
- SDRL Stock
- Financials Seadrill Limited
