Skip to Content

Shelf Drilling Ltd SHLF

Morningstar Rating
$18.88 +0.02 (0.11%)
View Full Chart
Unlock our analysis with Morningstar Investor

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

SHLF is trading at a 30% discount.
Price
NOK 19.29
Fair Value
NOK 58.20
Uncertainty
Very High
1-Star Price
NOK 25.65
5-Star Price
NOK 99.88
Economic Moat
Rry
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SHLF is a good fit for your portfolio.

Trading Information

Previous Close Price
$18.86
Day Range
$18.7819.40
52-Week Range
$17.5439.00
Bid/Ask
$18.72 / $19.75
Market Cap
$4.03 Bil
Volume/Avg
544,682 / 896,713

Key Statistics

Price/Earnings (Normalized)
30.09
Price/Sales
0.39
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Shelf Drilling Ltd operates as a shallow-water offshore drilling contractor. The company is engaged in the drilling and completion of exploratory and developmental offshore oil and natural gas wells. The business operates in a single segment being Contract services. Geographically, it derives a majority of its revenue from Saudi Arabia and also has a presence in Thailand; Nigeria; the United Arab Emirates; India, and Other Countries.
Sector
Energy
Industry
Oil & Gas Drilling
Stock Style Box
Small Value
Total Number of Employees
4,229

Comparables

Valuation

Metric
SHLF
VTDRF
OKEA
Price/Earnings (Normalized)
30.092.49
Price/Book Value
1.191.533.96
Price/Sales
0.391.190.29
Price/Cash Flow
45.520.64
Price/Earnings
SHLF
VTDRF
OKEA

Financial Strength

Metric
SHLF
VTDRF
OKEA
Quick Ratio
1.051.480.68
Current Ratio
1.342.040.90
Interest Coverage
1.06−0.193.37
Quick Ratio
SHLF
VTDRF
OKEA

Profitability

Metric
SHLF
VTDRF
OKEA
Return on Assets (Normalized)
0.74%−6.06%7.46%
Return on Equity (Normalized)
5.59%−14.64%80.49%
Return on Invested Capital (Normalized)
10.17%−2.41%36.54%
Return on Assets
SHLF
VTDRF
OKEA
See how this stock stacks up to its competitors with Morningstar Investor

Oil & Gas Drilling Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NE
Noble Corp PLC Class AGsph$6.6 Bil
PTEN
Patterson-UTI Energy IncBlzsMjkct$4.5 Bil
HP
Helmerich & Payne IncTmgmflcqRkfwc$4.0 Bil
YZCFF
Sinopec Oilfield Service Corp Class HJklh$3.9 Bil
SDRL
Seadrill LtdCvp$3.5 Bil
BORR
Borr Drilling LtdTdd$1.4 Bil
DO
Diamond Offshore Drilling IncRkzkh$1.4 Bil
ODFJF
Odfjell Drilling LtdDgzgs$1.1 Bil
PDS
Precision Drilling CorpVxrnqjjktQyzj$993.9 Mil
NBR
Nabors Industries LtdByzqxxjTwj$763.9 Mil

Sponsor Center