Company Valuation: Patterson-UTI Energy, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 1,818 3,651 4,507 3,221 2,317 4,369 - -
Change - 100.87% 23.43% -28.53% -28.06% 88.57% - -
Enterprise Value (EV) 1 2,552 4,345 5,539 4,200 3,118 5,156 5,035 4,968
Change - 70.21% 27.49% -24.18% -25.76% 65.39% -2.36% -1.32%
P/E ratio -2.51x 24.1x 12.3x -3.39x -25.5x -75.7x 83x 11.9x
PBR 1.13x 2.16x 0.92x 0.92x - 1.45x 1.53x 1.42x
PEG - -0x 0.5x 0x 0.3x 2.1x -0x 0x
Capitalization / Revenue 1.34x 1.38x 1.09x 0.6x 0.48x 0.95x 0.9x 0.86x
EV / Revenue 1.88x 1.64x 1.34x 0.78x 0.65x 1.12x 1.03x 0.98x
EV / EBITDA 14.9x 6.28x 4.68x 3.5x 3.4x 5.86x 5.05x 4.66x
EV / EBIT -3.76x 20.4x 12.3x -4.9x -76.4x 432x 38.7x 16.2x
EV / FCF -35.7x 33.6x 14.2x 8.45x 8.38x 19.9x 13.7x 14.1x
FCF Yield -2.8% 2.98% 7.05% 11.8% 11.9% 5.01% 7.32% 7.09%
Dividend per Share 2 0.08 0.2 0.32 0.32 0.32 0.4 0.4011 0.42
Rate of return 0.95% 1.19% 2.96% 3.87% 5.24% 3.48% 3.48% 3.65%
EPS 2 -3.36 0.7 0.88 -2.44 -0.24 -0.1521 0.1387 0.9705
Distribution rate -2.38% 28.6% 36.4% -13.1% -133% -263% 289% 43.3%
Net sales 1 1,357 2,648 4,146 5,378 4,827 4,609 4,879 5,058
EBITDA 1 171.2 691.7 1,183 1,199 917.6 880.5 996 1,066
EBIT 1 -678 213.1 450 -856.7 -40.83 11.94 130.1 306.9
Net income 1 -654.5 154.7 246.3 -968 -93.64 -57.52 47.14 287.4
Net Debt 1 734.8 693.4 1,032 978.5 800.4 786.9 665.2 598.7
Reference price 2 8.45 16.84 10.80 8.26 6.11 11.51 11.51 11.51
Nbr of stocks (in thousands) 2,15,112 2,16,822 4,17,283 3,89,956 3,79,242 3,79,618 - -
Announcement Date 10/02/22 08/02/23 14/02/24 06/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-80.69x1.18x6.18x3.26% 465.79Cr
16.48x5.24x11.8x4.39% 2.48TCr
7.39x0.87x3.48x4.36% 752.39Cr
30.48x3x9.05x4.28% 744.76Cr
33.41x2.91x8.32x-.--% 697.78Cr
26.53x3.23x13.41x-.--% 643.42Cr
20.47x4.04x8.41x2.7% 569.34Cr
15.4x0.5x4.44x2.92% 512.59Cr
-28.73x1.38x6.41x2.58% 395.73Cr
9.95x2.97x5.71x11.03% 226.62Cr
Average 5.07x 2.53x 7.72x 3.55% 749Cr
Weighted average by Cap. 11.00x 3.25x 8.93x 3.4%

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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