PRECISION DRILLING CORP (PDS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PDS - CA74022D4075 - Common Stock
60.14 USD
+0.76 (+1.28%)
60.14 USD
0 (0%)
PDS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. PDS has only an average score on both its financial health and profitability. PDS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year PDS was profitable.
In the past year PDS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PDS reported negative net income in multiple years.
In the past 5 years PDS always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.10%, PDS perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
Looking at the Return On Equity, with a value of 3.54%, PDS is doing worse than 61.67% of the companies in the same industry.
With a Return On Invested Capital value of 4.93%, PDS perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PDS is below the industry average of 7.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 3.54% | ||
| ROIC | 4.93% |
ROA(3y)4.05%
ROA(5y)0.27%
ROE(3y)7.4%
ROE(5y)-0.16%
ROIC(3y)5.1%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 3.21%, PDS is doing worse than 60.00% of the companies in the same industry.
PDS's Profit Margin has improved in the last couple of years.
PDS has a Operating Margin (9.39%) which is in line with its industry peers.
PDS's Operating Margin has improved in the last couple of years.
The Gross Margin of PDS (32.97%) is better than 70.00% of its industry peers.
In the last couple of years the Gross Margin of PDS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.39% | ||
| PM (TTM) | 3.21% | ||
| GM | 32.97% |
OM growth 3YN/A
OM growth 5Y21.52%
PM growth 3YN/A
PM growth 5Y68.67%
GM growth 3Y8.2%
GM growth 5Y1.06%
2. Health
2.1 Basic Checks
PDS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
PDS has less shares outstanding than it did 1 year ago.
PDS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PDS has an improved debt to assets ratio.
2.2 Solvency
PDS has an Altman-Z score of 1.09. This is a bad value and indicates that PDS is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of PDS (1.09) is worse than 73.33% of its industry peers.
PDS has a debt to FCF ratio of 3.61. This is a good value and a sign of high solvency as PDS would need 3.61 years to pay back of all of its debts.
The Debt to FCF ratio of PDS (3.61) is better than 61.67% of its industry peers.
PDS has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
PDS has a Debt to Equity ratio of 0.44. This is comparable to the rest of the industry: PDS outperforms 45.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.61 | ||
| Altman-Z | 1.09 |
ROIC/WACC0.6
WACC8.24%
2.3 Liquidity
PDS has a Current Ratio of 1.58. This is a normal value and indicates that PDS is financially healthy and should not expect problems in meeting its short term obligations.
PDS has a worse Current ratio (1.58) than 70.00% of its industry peers.
A Quick Ratio of 1.42 indicates that PDS should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.42, PDS perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
The earnings per share for PDS have decreased strongly by -74.60% in the last year.
The Earnings Per Share has been growing by 76.97% on average over the past years. This is a very strong growth
PDS shows a decrease in Revenue. In the last year, the revenue decreased by -5.55%.
Measured over the past years, PDS shows a small growth in Revenue. The Revenue has been growing by 4.30% on average per year.
EPS 1Y (TTM)-74.6%
EPS 3YN/A
EPS 5Y76.97%
EPS Q2Q%-122.08%
Revenue 1Y (TTM)-5.55%
Revenue growth 3Y24.45%
Revenue growth 5Y4.3%
Sales Q2Q%-3.12%
3.2 Future
Based on estimates for the next years, PDS will show a very strong growth in Earnings Per Share. The EPS will grow by 20.35% on average per year.
The Revenue is expected to grow by 0.28% on average over the next years.
EPS Next Y-17.63%
EPS Next 2Y10.39%
EPS Next 3Y14.4%
EPS Next 5Y20.35%
Revenue Next Year-3.79%
Revenue Next 2Y-0.63%
Revenue Next 3Y0.34%
Revenue Next 5Y0.28%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
PDS is valuated rather expensively with a Price/Earnings ratio of 22.19.
The rest of the industry has a similar Price/Earnings ratio as PDS.
Compared to an average S&P500 Price/Earnings ratio of 26.15, PDS is valued at the same level.
PDS is valuated reasonably with a Price/Forward Earnings ratio of 9.47.
Based on the Price/Forward Earnings ratio, PDS is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
PDS is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.19 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
90.00% of the companies in the same industry are more expensive than PDS, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PDS indicates a rather cheap valuation: PDS is cheaper than 93.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.35 | ||
| EV/EBITDA | 3.79 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PDS's earnings are expected to grow with 14.40% in the coming years.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y10.39%
EPS Next 3Y14.4%
5. Dividend
5.1 Amount
No dividends for PDS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
60.14
+0.76 (+1.28%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners44.58%
Inst Owner Change8.01%
Ins Owners2.73%
Ins Owner ChangeN/A
Market Cap792.04M
Revenue(TTM)1.83B
Net Income(TTM)58.81M
Analysts80
Price Target78.9 (31.19%)
Short Float %1.91%
Short Ratio3.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)323.37%
Min EPS beat(2)-133.63%
Max EPS beat(2)780.37%
EPS beat(4)1
Avg EPS beat(4)147.23%
Min EPS beat(4)-133.63%
Max EPS beat(4)780.37%
EPS beat(8)2
Avg EPS beat(8)100.13%
EPS beat(12)4
Avg EPS beat(12)60.39%
EPS beat(16)6
Avg EPS beat(16)40.95%
Revenue beat(2)0
Avg Revenue beat(2)-2.49%
Min Revenue beat(2)-3.25%
Max Revenue beat(2)-1.74%
Revenue beat(4)0
Avg Revenue beat(4)-3.25%
Min Revenue beat(4)-5.59%
Max Revenue beat(4)-1.74%
Revenue beat(8)1
Avg Revenue beat(8)-3.18%
Revenue beat(12)4
Avg Revenue beat(12)-2.07%
Revenue beat(16)7
Avg Revenue beat(16)6.41%
PT rev (1m)10.08%
PT rev (3m)10.7%
EPS NQ rev (1m)43.07%
EPS NQ rev (3m)43.07%
EPS NY rev (1m)-16.56%
EPS NY rev (3m)-14.4%
Revenue NQ rev (1m)3.17%
Revenue NQ rev (3m)3.17%
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.19 | ||
| Fwd PE | 9.47 | ||
| P/S | 0.61 | ||
| P/FCF | 5.35 | ||
| P/OCF | 2.48 | ||
| P/B | 0.67 | ||
| P/tB | 0.68 | ||
| EV/EBITDA | 3.79 |
EPS(TTM)2.71
EY4.51%
EPS(NY)6.35
Fwd EY10.56%
FCF(TTM)11.24
FCFY18.7%
OCF(TTM)24.23
OCFY40.29%
SpS98.82
BVpS89.61
TBVpS89.06
PEG (NY)N/A
PEG (5Y)0.29
Graham Number73.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 3.54% | ||
| ROCE | 6.84% | ||
| ROIC | 4.93% | ||
| ROICexc | 5% | ||
| ROICexgc | 5.03% | ||
| OM | 9.39% | ||
| PM (TTM) | 3.21% | ||
| GM | 32.97% | ||
| FCFM | 11.38% |
ROA(3y)4.05%
ROA(5y)0.27%
ROE(3y)7.4%
ROE(5y)-0.16%
ROIC(3y)5.1%
ROIC(5y)N/A
ROICexc(3y)5.22%
ROICexc(5y)N/A
ROICexgc(3y)5.25%
ROICexgc(5y)N/A
ROCE(3y)7.08%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y30.66%
ROICexc growth 3YN/A
ROICexc growth 5Y30.81%
OM growth 3YN/A
OM growth 5Y21.52%
PM growth 3YN/A
PM growth 5Y68.67%
GM growth 3Y8.2%
GM growth 5Y1.06%
F-Score6
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.61 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 77.33% | ||
| Cap/Sales | 13.14% | ||
| Interest Coverage | 2.73 | ||
| Cash Conversion | 92.93% | ||
| Profit Quality | 354.71% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 1.09 |
F-Score6
WACC8.24%
ROIC/WACC0.6
Cap/Depr(3y)70.76%
Cap/Depr(5y)51.73%
Cap/Sales(3y)11.5%
Cap/Sales(5y)9.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-74.6%
EPS 3YN/A
EPS 5Y76.97%
EPS Q2Q%-122.08%
EPS Next Y-17.63%
EPS Next 2Y10.39%
EPS Next 3Y14.4%
EPS Next 5Y20.35%
Revenue 1Y (TTM)-5.55%
Revenue growth 3Y24.45%
Revenue growth 5Y4.3%
Sales Q2Q%-3.12%
Revenue Next Year-3.79%
Revenue Next 2Y-0.63%
Revenue Next 3Y0.34%
Revenue Next 5Y0.28%
EBIT growth 1Y-30.04%
EBIT growth 3YN/A
EBIT growth 5Y26.74%
EBIT Next Year117.51%
EBIT Next 3Y29.51%
EBIT Next 5Y17.3%
FCF growth 1Y-26.59%
FCF growth 3Y61.26%
FCF growth 5Y15.79%
OCF growth 1Y-8.14%
OCF growth 3Y51.29%
OCF growth 5Y10.84%
PRECISION DRILLING CORP / PDS FAQ
Can you provide the ChartMill fundamental rating for PRECISION DRILLING CORP?
ChartMill assigns a fundamental rating of 4 / 10 to PDS.
What is the valuation status of PRECISION DRILLING CORP (PDS) stock?
ChartMill assigns a valuation rating of 5 / 10 to PRECISION DRILLING CORP (PDS). This can be considered as Fairly Valued.
What is the profitability of PDS stock?
PRECISION DRILLING CORP (PDS) has a profitability rating of 4 / 10.
What are the PE and PB ratios of PRECISION DRILLING CORP (PDS) stock?
The Price/Earnings (PE) ratio for PRECISION DRILLING CORP (PDS) is 22.19 and the Price/Book (PB) ratio is 0.67.
What is the earnings growth outlook for PRECISION DRILLING CORP?
The Earnings per Share (EPS) of PRECISION DRILLING CORP (PDS) is expected to decline by -17.63% in the next year.