NorAm Drilling AS Ordinary Shares NORAM

Morningstar Rating
NOK 38.30 +0.15 (0.39%)
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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 24% premium.
Price
NOK 38.15
Fair Value
NOK 62.47
Uncertainty
High
1-Star Price
NOK 57.72
5-Star Price
NOK 31.49
Economic Moat
Bgxq
Capital Allocation

Trading Information

Previous Close Price
NOK 38.15
Day Range
NOK 38.3039.25
52-Week Range
NOK 34.8550.30
Bid/Ask
NOK 38.15 / NOK 39.70
Market Cap
NOK 1.66 Bil
Volume/Avg
25,603 / 47,611

Key Statistics

Price/Earnings (Normalized)
119.60
Price/Sales
1.59
Dividend Yield (Trailing)
14.28%
Dividend Yield (Forward)
14.28%
Total Yield
14.28%

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
DVD
OKEA
Price/Earnings (Normalized)
119.60444.231.06
Price/Book Value
2.0725.463.35
Price/Sales
1.596.730.26
Price/Cash Flow
6.6713.280.66
Price/Earnings
NORAM
DVD
OKEA

Financial Strength

Metric
NORAM
DVD
OKEA
Quick Ratio
1.791.870.94
Current Ratio
1.991.931.16
Interest Coverage
57.437.103.44
Quick Ratio
NORAM
DVD
OKEA

Profitability

Metric
NORAM
DVD
OKEA
Return on Assets (Normalized)
1.69%18.12%5.43%
Return on Equity (Normalized)
2.13%86.24%74.65%
Return on Invested Capital (Normalized)
1.70%21.26%29.79%
Return on Assets
NORAM
DVD
OKEA

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