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NorAm Drilling AS Ordinary Shares NORAM

Morningstar Rating
NOK 40.30 +0.20 (0.50%)
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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

NORAM is trading at a 242% premium.
Price
NOK 40.12
Fair Value
NOK 58.13
Uncertainty
High
1-Star Price
NOK 57.45
5-Star Price
NOK 57.19
Economic Moat
Glws
Capital Allocation
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Trading Information

Previous Close Price
NOK 40.10
Day Range
NOK 40.0040.95
52-Week Range
NOK 36.6054.50
Bid/Ask
NOK 39.50 / NOK 40.55
Market Cap
NOK 1.74 Bil
Volume/Avg
47,254 / 76,905

Key Statistics

Price/Earnings (Normalized)
14.47
Price/Sales
1.50
Dividend Yield (Trailing)
16.35%
Dividend Yield (Forward)
12.72%
Total Yield
16.35%

Company Profile

NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm’s length terms, from its parent.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Small Growth
Total Number of Employees
243

Comparables

Valuation

Metric
NORAM
OKEA
BWE
Price/Earnings (Normalized)
14.471.118.86
Price/Book Value
2.173.881.12
Price/Sales
1.500.281.48
Price/Cash Flow
4.940.634.92
Price/Earnings
NORAM
OKEA
BWE

Financial Strength

Metric
NORAM
OKEA
BWE
Quick Ratio
1.660.680.70
Current Ratio
1.720.900.83
Interest Coverage
189.813.375.40
Quick Ratio
NORAM
OKEA
BWE

Profitability

Metric
NORAM
OKEA
BWE
Return on Assets (Normalized)
11.10%7.46%5.85%
Return on Equity (Normalized)
13.92%80.49%13.11%
Return on Invested Capital (Normalized)
13.51%36.54%8.46%
Return on Assets
NORAM
OKEA
BWE
See how this stock stacks up to its competitors with Morningstar Investor

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