Ades Holding Co 2382

Morningstar Rating
SAR 16.51 +0.31 (1.91%)
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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

2382 is trading at a LOCK|^F#QL premium.
Price
SAR 16.51
Fair Value
LOCK|.y$$BP&<
Uncertainty
LOCK|Y>@%
1-Star Price
LOCK|.My!PJQp
5-Star Price
LOCK|.pT%<^R
Economic Moat
LOCK|N!W$
Capital Allocation
—

Trading Information

Previous Close Price
SAR 16.20
Day Range
SAR 16.03–16.51
52-Week Range
SAR 15.07–19.94
Bid/Ask
— / —
Shares Outstanding
1.10B
Market Cap
SAR 18.23B
Volume/Avg
947,321 / 1M

Key Statistics

Price/Earnings (Normalized)
23.74
Price/Sales
2.23
Dividend Yield (Trailing)
2.67%
Dividend Yield (Forward)
2.67%
Dividend Payment Schedule
Apr, Sep
Total Yield
2.67%

Company Profile

Ades Holding Co is an oil and gas drilling and production services provider in the Middle East, Africa, Southeast Asia, and Europe. Its services mainly include offshore and onshore contract drilling and production services. The Group's offshore services include drilling and workover services and Mobile Offshore Production Unit (MOPU) production services, as well as accommodation, catering, and other barge-based support services. Additionally, it provides project services, which mainly include oil field enhancement (exploration and production). Ades's geographical operating segments are: Egypt, which derives maximum revenue, Algeria and Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and Other.
Sector
Energy
Industry
Oil & Gas Drilling
Stock Style Box
Mid Core
Total Number of Employees
—

Valuation

Metric
2382
Price/Earnings (Normalized)
23.74
Price/Book Value
2.64
Price/Sales
2.23
Price/Cash Flow
7.81
Price/Earnings
2382

Financial Strength

Metric
2382
Quick Ratio
0.93
Current Ratio
1.11
Interest Coverage
1.95
Quick Ratio
2382

Profitability

Metric
2382
Return on Assets (Normalized)
3.09%
Return on Equity (Normalized)
12.87%
Return on Invested Capital (Normalized)
7.06%
Return on Assets
2382

Oil & Gas Drilling Industry Comparables

1-Day Chart
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Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Noble Corp PLC Class A
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—LOCK|L?>$7B
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LOCK|Vp^R^<LOCK|Nq$7B
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—LOCK|H&$6B
Sinopec Oilfield Service Corp Class H
YZCFF
—LOCK|F?>$5B
Patterson-UTI Energy Inc
PTEN
LOCK|G?@LOCK|Ms$4B
Helmerich & Payne Inc
HP
LOCK|xlMpn>&LOCK|B$$4B
Seadrill Ltd
SDRL
—LOCK|>@$3B
Odfjell Drilling Ltd
ODFJF
—LOCK|#T$3B
Borr Drilling Ltd
BORR
—LOCK|>ym$1B
Nabors Industries Ltd
NBR
LOCK|Q<@c!^%LOCK|vc?$1B

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