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Odfjell Drilling Ltd ODL

Morningstar Rating
$51.50 −1.80 (3.38%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ODL is trading at a 21% discount.
Price
NOK 53.51
Fair Value
NOK 44.83
Uncertainty
High
1-Star Price
NOK 56.47
5-Star Price
NOK 22.95
Economic Moat
Psr
Capital Allocation
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Trading Information

Previous Close Price
$53.30
Day Range
$51.1053.20
52-Week Range
$23.5553.30
Bid/Ask
$50.00 / $54.00
Market Cap
$12.19 Bil
Volume/Avg
422,562 / 286,132

Key Statistics

Price/Earnings (Normalized)
4.88
Price/Sales
2.61
Dividend Yield (Trailing)
3.58%
Dividend Yield (Forward)
49.43%
Total Yield
3.58%

Company Profile

Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operates mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet and Corporate / other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations and client relations, preparations for operation and mobilisation. Majority of revenue is generated from Own Fleet segment. Geographically, It operates in Norway.
Sector
Energy
Industry
Oil & Gas Drilling
Stock Style Box
Small Core
Total Number of Employees
1,358

Comparables

Valuation

Metric
ODL
BORR
NOL
Price/Earnings (Normalized)
4.8852.14
Price/Book Value
0.751.550.33
Price/Sales
2.611.870.90
Price/Cash Flow
4.1513.67
Price/Earnings
ODL
BORR
NOL

Financial Strength

Metric
ODL
BORR
NOL
Quick Ratio
0.820.990.59
Current Ratio
0.881.140.97
Interest Coverage
4.531.32−0.77
Quick Ratio
ODL
BORR
NOL

Profitability

Metric
ODL
BORR
NOL
Return on Assets (Normalized)
10.71%1.16%−7.15%
Return on Equity (Normalized)
18.90%3.86%−15.70%
Return on Invested Capital (Normalized)
13.90%7.26%−3.59%
Return on Assets
ODL
BORR
NOL
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Oil & Gas Drilling Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NE
Noble Corp PLC Class AQplvn$6.4 Bil
PTEN
Patterson-UTI Energy IncQmygRnmbd$4.6 Bil
HP
Helmerich & Payne IncLkvlkpzbZmsm$4.1 Bil
YZCFF
Sinopec Oilfield Service Corp Class HSmkk$3.9 Bil
SDRL
Seadrill LtdPxyp$3.5 Bil
BORR
Borr Drilling LtdYyk$1.4 Bil
DO
Diamond Offshore Drilling IncWlzk$1.3 Bil
ODFJF
Odfjell Drilling LtdFwpmm$1.1 Bil
PDS
Precision Drilling CorpGxywhknhgYbg$985.1 Mil
NBR
Nabors Industries LtdSwtcnbyzYxhb$729.7 Mil

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