NorAm Drilling AS

NorAm Drilling AS

45.90
NOK
-1.35
(-2.86%)
2.92EPS
13.08P/E
1.66BMarket Cap
Nov 27Next Earn

Total Valuation

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As of June 30, 2026, NorAm Drilling AS carries a market capitalization of 1.66B, placing it among publicly traded companies globally. Its enterprise value stands at 1.58B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.66B
Enterprise Value1.58B

Important Dates

NorAm Drilling AS's next confirmed earnings release is scheduled for November 27, 2026.

Earnings Date11/27/2026

Share Statistics

As of June 30, 2026, NorAm Drilling AS has 43.36M shares outstanding.

Shares Outstanding43.36M

Valuation Ratios

As of June 30, 2026, NorAm Drilling AS trades at a trailing price-to-earnings ratio of 13.08. The price-to-sales ratio is 1.58, and the price-to-book ratio stands at 2.94.

PE Ratio13.08
PS Ratio1.58
PB Ratio2.94
P/TBV Ratio2.94
P/FCF Ratio9.64
P/OCF Ratio8.48

Enterprise Valuation

As of June 30, 2026, NorAm Drilling AS trades at an EV/EBITDA multiple of 8.62 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.50 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 12.63 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. NorAm Drilling AS trades at an EV/FCF ratio of 9.15, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 1.58B versus a market cap of 1.66B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.50
EV / EBITDA8.62
EV / EBIT12.63
EV / FCF9.15

Financial Position

As of June 30, 2026, NorAm Drilling AS maintains a current ratio of 1.53, meaning it holds 1.5x the short-term assets needed to cover near-term liabilities.

Current Ratio1.53
Quick Ratio0.49
Interest Coverage318.71

Financial Efficiency

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Over the twelve months ended June 30, 2026, NorAm Drilling AS posted a return on equity (ROE) of 21.76, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 21.15 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 16.62, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 21.86, useful for judging operating efficiency across full business cycles. The company generates approximately 3.38M in revenue per employee across its workforce of 310.25, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)21.76
Return on Assets (ROA)16.62
Return on Invested Capital (ROIC)21.15
Return on Capital Employed (ROCE)21.86
Revenue Per Employee3.38M
Employee Count310.25

Taxes

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Over the twelve months ended June 30, 2026, NorAm Drilling AS recorded 425,313.00 in income tax expense. That works out to an effective tax rate of 0.34, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 126.92M, leaving 126.50M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax425,313.00
Effective Tax Rate0.34

Stock Price Statistics

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As of the close on October 22, 2026, NorAm Drilling AS's stock has gained approximately 73.21% over the past 52 weeks. The 50-day moving average sits at 46.04, while the 200-day moving average is 42.99.

52-Week Price Change73.21%
50-Day Moving Average46.04
200-Day Moving Average42.99

Income Statement

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Over the twelve months ended June 30, 2026, NorAm Drilling AS generated 1.05B in revenue and converted that into 126.50M in net income, yielding earnings per share of 2.92. EBITDA reached 182.84M, while operating income came in at 124.78M.

Revenue1.05B
Gross Profit679.55M
Operating Income124.78M
Pretax Income126.92M
Net Income126.50M
EBITDA182.84M
EBIT124.77M
Earnings Per Share (EPS)2.92

Balance Sheet

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These figures are as of June 30, 2026. Total book value stands at 563.28M, with working capital of 87.72M providing operational flexibility.

Cash & Cash Equivalents80.17M
Net Debt-80.17M
Equity (Book Value)563.28M
Book Value Per Share12.99
Working Capital87.72M

Cash Flow

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NorAm Drilling AS produced 195.02M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -23.37M in capital expenditures, free cash flow totaled 171.65M - equivalent to 3.96 per share.

Operating Cash Flow195.02M
Capital Expenditures-23.37M
Free Cash Flow171.65M
FCF Per Share3.96

Margins

Over the twelve months ended June 30, 2026, NorAm Drilling AS posted a gross margin of 64.83, reflecting its pricing power and cost economics. The operating margin of 11.90 and net profit margin of 12.07 provide insight into operational efficiency.

Gross Margin64.83
Operating Margin11.90
Pretax Margin12.11
Profit Margin12.07
EBITDA Margin17.44

Dividends & Yields

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Over the twelve months ended June 30, 2026, NorAm Drilling AS paid dividends of 3.85 per share. The dividend payout ratio of 131.87 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 10.38, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 10.03, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to NorAm Drilling AS shareholders.

Dividend Per Share3.85
Payout Ratio131.87
Shareholder Yield10.03
FCF Yield10.38

Stock Splits

NorAm Drilling AS's most recent stock split took place on November 21, 2018 with a 20:1 split ratio.

Last Split Date11/21/2018
Split Ratio20:1

Scores

As of June 30, 2026, NorAm Drilling AS has an Altman Z-Score of 6.77, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score6.77