DOLPHIN DRILLING |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.14 NOK | +1.97% |
|
-0.36% | -51.12% |
| 31/05 | Dolphin Drilling as Announces Board Changes | CI |
| 29/05 | Dolphin Drilling AS Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 1,603 | 1,862 | 1,208 | - | - |
| Enterprise Value (EV) 2 | 1,236 | 1,663 | 1,709 | 1,498 | 933.7 |
| P/E ratio | -2.44 x | -13.9 x | -3.24 x | 2.16 x | 1.99 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 7.33 x | 2.48 x | 1.27 x | 0.58 x | 0.55 x |
| EV / Revenue | 5.65 x | 2.22 x | 1.79 x | 0.72 x | 0.42 x |
| EV / EBITDA | -2.19 x | -19.8 x | -9 x | 1.98 x | 1.22 x |
| EV / FCF | -1.99 x | - | -2.13 x | 4.2 x | 1.71 x |
| FCF Yield | -50.2% | - | -46.9% | 23.8% | 58.5% |
| Price to Book | 1.94 x | 1.25 x | 1.01 x | 0.62 x | 0.5 x |
| Nbr of stocks (in thousands) | 1,24,319 | 2,19,890 | 2,91,890 | - | - |
| Reference price 3 | 1.316 | 0.8332 | 0.3911 | 0.3911 | 0.3911 |
| Announcement Date | 28/02/23 | 26/02/24 | - | - | - |
1USD in Million2NOK in Million3USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net sales 1 | 218.7 | 749.8 | 953.1 | 2,088 | 2,198 |
| EBITDA 1 | -563.9 | -84.13 | -189.8 | 758.5 | 767.2 |
| EBIT 1 | -642.7 | 56.78 | -331.5 | 588.2 | 620.6 |
| Operating Margin | -293.84% | 7.57% | -34.78% | 28.18% | 28.24% |
| Earnings before Tax (EBT) 1 | -692.4 | -10.52 | -346.6 | 531.9 | 592.1 |
| Net income 1 | -699.7 | -75.71 | -357.6 | 465.7 | 519.7 |
| Net margin | -319.91% | -10.1% | -37.52% | 22.31% | 23.65% |
| EPS 2 | -0.5400 | -0.0600 | -0.1207 | 0.1808 | 0.1970 |
| Free Cash Flow 1 | -621.1 | - | -800.7 | 356.7 | 546.6 |
| FCF margin | -283.97% | - | -84.01% | 17.09% | 24.87% |
| FCF Conversion (EBITDA) | - | - | - | 47.02% | 71.25% |
| FCF Conversion (Net income) | - | - | - | 76.59% | 105.18% |
| Dividend per Share 2 | - | - | - | - | - |
| Announcement Date | 28/02/23 | 26/02/24 | - | - | - |
1NOK in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4.134 | 19.05 | 228.9 | 257.2 | 248.2 | 105.8 | 159.1 | 230.6 | 381.5 | 385.3 |
| EBITDA 1 | -182.4 | -179.9 | 16.8 | 48.89 | 29.44 | -136.2 | -113.4 | -63.67 | 90.2 | - |
| EBIT 1 | -200.1 | -202.1 | -2.1 | 21.26 | 239.8 | -211.7 | -150.2 | -100.5 | 53.38 | - |
| Operating Margin | -4,839.76% | -1,061.11% | -0.92% | 8.26% | 96.61% | -200% | -94.35% | -43.58% | 13.99% | - |
| Earnings before Tax (EBT) 1 | -183.5 | -207.4 | 3.149 | 8.503 | 184 | -176.1 | -172.1 | -122.4 | 31.48 | 10.62 |
| Net income 1 | -188.7 | -209.5 | -16.8 | -14.88 | 165.1 | -176.1 | -172.1 | -128 | 13.82 | -6.648 |
| Net margin | -4,563.92% | -1,100% | -7.34% | -5.79% | 66.53% | -166.34% | -108.11% | -55.5% | 3.62% | -1.73% |
| EPS 2 | -0.1500 | -0.1600 | -0.0100 | -0.0100 | 0.0700 | -0.0800 | -0.0640 | -0.0417 | 0.004500 | -0.002160 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 28/02/23 | 09/05/23 | 15/08/23 | 28/11/23 | 26/02/24 | 29/05/24 | - | - | - | - |
1NOK in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Debt 1 | - | - | 501 | 290 | - |
| Net Cash position 1 | 367 | 200 | - | - | 275 |
| Leverage (Debt/EBITDA) | - | - | -2.637 x | 0.3821 x | - |
| Free Cash Flow 1 | -621 | - | -801 | 357 | 547 |
| ROE (net income / shareholders' equity) | - | -6.24% | -17.3% | 31.9% | 28.6% |
| ROA (Net income/ Total Assets) | -47.3% | -4.22% | -0.7% | 10.9% | - |
| Assets 1 | 1,480 | 1,794 | 51,087 | 4,272 | - |
| Book Value Per Share 2 | 0.6800 | 0.6600 | 0.3900 | 0.6300 | 0.7800 |
| Cash Flow per Share | - | - | - | - | - |
| Capex 1 | 149 | - | 487 | 361 | 101 |
| Capex / Sales | 68.04% | - | 51.1% | 17.29% | 4.58% |
| Announcement Date | 28/02/23 | 26/02/24 | - | - | - |
1NOK 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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
0.3911
USD
Average target price
0.6923
USD
Spread / Average Target
+77.01%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -51.12% | 11Cr | |
| -4.26% | 865.12Cr | |
| -8.95% | 635.38Cr | |
| -14.08% | 597.3Cr | |
| +6.23% | 527.44Cr | |
| -18.90% | 422.08Cr | |
| -6.48% | 405.72Cr | |
| +7.22% | 355.65Cr | |
| -6.18% | 335.47Cr | |
| -32.25% | 306.51Cr |
- Stock Market
- Equities
- DDRIL Stock
- Financials Dolphin Drilling
