Company Valuation: Arabian Drilling Company

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 10,021 16,999 9,932 8,789 7,836 - -
Change - 69.63% -41.57% -11.51% -10.84% - -
Enterprise Value (EV) 1 10,021 18,753 12,373 8,789 10,104 9,770 9,528
Change - 87.13% -34.02% -28.97% 14.96% -3.3% -2.48%
P/E ratio 16.4x 28.1x 30.9x -116x 33.5x 16.8x 13.7x
PBR - 2.85x 1.67x - 1.33x 1.25x 1.24x
PEG - -32.08x -0.7x 1x -0x 0.2x 0.6x
Capitalization / Revenue 3.71x 4.89x 2.74x 2.56x 2.16x 1.92x 1.86x
EV / Revenue 3.71x 5.39x 3.42x 2.56x 2.78x 2.39x 2.26x
EV / EBITDA 8.76x 12.6x 8.82x 7.09x 7.24x 5.96x 5.52x
EV / EBIT 16.2x 23.4x 21.9x 52.2x 21.7x 14x 12.1x
EV / FCF - -35.8x -112x - 27.7x 11.2x 11.3x
FCF Yield - -2.79% -0.89% - 3.61% 8.93% 8.87%
Dividend per Share 2 - 5.06 2.7 - 1.598 3.38 4.2
Rate of return - 2.65% 2.42% - 1.82% 3.84% 4.77%
EPS 2 6.85 6.79 3.61 -0.85 2.625 5.242 6.413
Distribution rate - 74.5% 74.8% - 60.9% 64.5% 65.5%
Net sales 1 2,704 3,477 3,619 3,433 3,636 4,081 4,209
EBITDA 1 1,144 1,485 1,403 1,240 1,395 1,639 1,727
EBIT 1 619.1 801 565.5 168.3 466 697.4 788.8
Net income 1 557.7 605 321.4 -75.25 221.9 473.5 573.4
Net Debt 1 - 1,754 2,441 - 2,267 1,934 1,692
Reference price 2 112.60 191.00 111.60 98.75 88.05 88.05 88.05
Nbr of stocks (in thousands) 89,000 89,000 89,000 89,000 89,000 - -
Announcement Date 19/03/23 18/03/24 12/03/25 28/02/26 - - -
1SAR in Million2SAR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.17x2.82x7.35x1.78% 212.79Cr
18.87x5.88x13.23x3.98% 2.74TCr
7.84x0.97x3.88x4.1% 824.39Cr
32.74x3.18x9.63x3.99% 799.96Cr
34.59x2.95x8.44x-.--% 714.52Cr
27.66x3.34x13.56x-.--% 658.03Cr
17.03x0.55x4.95x2.64% 583.1Cr
19.79x3.82x8.19x2.79% 565.36Cr
-63.42x1.11x5.99x3.5% 433.52Cr
-30.7x1.34x6.25x2.7% 377.54Cr
Average 9.86x 2.60x 8.15x 2.55% 791.21Cr
Weighted average by Cap. 14.74x 3.52x 9.63x 2.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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