PRECISION DRILLING CORP (PDS) Stock Fundamental Analysis
USA - NYSE:PDS - CA74022D4075 - Common Stock
57.56 USD
-0.09 (-0.16%)
57.56 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to PDS. PDS was compared to 60 industry peers in the Energy Equipment & Services industry. PDS has only an average score on both its financial health and profitability. PDS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
PDS had positive earnings in the past year.
PDS had a positive operating cash flow in the past year.
In multiple years PDS reported negative net income over the last 5 years.
In the past 5 years PDS always reported a positive cash flow from operatings.
1.2 Ratios
PDS has a Return On Assets (2.10%) which is comparable to the rest of the industry.
PDS has a worse Return On Equity (3.54%) than 61.67% of its industry peers.
PDS's Return On Invested Capital of 4.93% is in line compared to the rest of the industry. PDS outperforms 46.67% of its industry peers.
PDS had an Average Return On Invested Capital over the past 3 years of 5.10%. This is below the industry average of 7.82%.
| 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
PDS's Profit Margin of 3.21% is on the low side compared to the rest of the industry. PDS is outperformed by 61.67% of its industry peers.
PDS's Profit Margin has improved in the last couple of years.
PDS has a Operating Margin (9.39%) which is comparable to the rest of the industry.
PDS's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 32.97%, PDS is in the better half of the industry, outperforming 68.33% of the companies in the same industry.
PDS's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PDS is destroying value.
PDS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, PDS has less shares outstanding
The debt/assets ratio for PDS has been reduced compared to a year ago.
2.2 Solvency
PDS has an Altman-Z score of 1.07. This is a bad value and indicates that PDS is not financially healthy and even has some risk of bankruptcy.
PDS has a worse Altman-Z score (1.07) than 66.67% of its industry peers.
The Debt to FCF ratio of PDS is 3.61, which is a good value as it means it would take PDS, 3.61 years of fcf income to pay off all of its debts.
PDS's Debt to FCF ratio of 3.61 is in line compared to the rest of the industry. PDS outperforms 60.00% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that PDS is not too dependend on debt financing.
The Debt to Equity ratio of PDS (0.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.61 | ||
| Altman-Z | 1.07 |
ROIC/WACC0.6
WACC8.28%
2.3 Liquidity
A Current Ratio of 1.58 indicates that PDS should not have too much problems paying its short term obligations.
The Current ratio of PDS (1.58) is worse than 68.33% of its industry peers.
A Quick Ratio of 1.42 indicates that PDS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.42, PDS is in line with its industry, outperforming 43.33% 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.
PDS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 76.97% yearly.
Looking at the last year, PDS shows a decrease in Revenue. The Revenue has decreased by -5.55% in the last year.
PDS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.30% yearly.
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
The Earnings Per Share is expected to grow by 16.82% on average over the next years. This is quite good.
PDS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.09% yearly.
EPS Next Y-1.28%
EPS Next 2Y1.04%
EPS Next 3Y8.52%
EPS Next 5Y16.82%
Revenue Next Year-4.4%
Revenue Next 2Y-1.43%
Revenue Next 3Y-0.46%
Revenue Next 5Y0.09%
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
The Price/Earnings ratio is 21.32, which indicates a rather expensive current valuation of PDS.
PDS's Price/Earnings is on the same level as the industry average.
PDS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.67, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.85, the valuation of PDS can be described as reasonable.
Based on the Price/Forward Earnings ratio, PDS is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 31.86, PDS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.32 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PDS is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
95.00% of the companies in the same industry are more expensive than PDS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.13 | ||
| EV/EBITDA | 3.7 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.28
EPS Next 2Y1.04%
EPS Next 3Y8.52%
5. Dividend
5.1 Amount
No dividends for PDS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
57.56
-0.09 (-0.16%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners44.58%
Inst Owner Change0.02%
Ins Owners2.73%
Ins Owner ChangeN/A
Market Cap758.07M
Revenue(TTM)1.83B
Net Income(TTM)58.81M
Analysts80
Price Target77.15 (34.03%)
Short Float %2.26%
Short Ratio3.7
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)6.96%
PT rev (3m)2.09%
EPS NQ rev (1m)46.44%
EPS NQ rev (3m)43.57%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.04%
Revenue NQ rev (1m)3.57%
Revenue NQ rev (3m)4.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.32 | ||
| Fwd PE | 10.85 | ||
| P/S | 0.58 | ||
| P/FCF | 5.13 | ||
| P/OCF | 2.38 | ||
| P/B | 0.64 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | 3.7 |
EPS(TTM)2.7
EY4.69%
EPS(NY)5.3
Fwd EY9.21%
FCF(TTM)11.21
FCFY19.48%
OCF(TTM)24.16
OCFY41.97%
SpS98.52
BVpS89.35
TBVpS88.79
PEG (NY)N/A
PEG (5Y)0.28
Graham Number73.67
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 | 1.07 |
F-Score6
WACC8.28%
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-1.28%
EPS Next 2Y1.04%
EPS Next 3Y8.52%
EPS Next 5Y16.82%
Revenue 1Y (TTM)-5.55%
Revenue growth 3Y24.45%
Revenue growth 5Y4.3%
Sales Q2Q%-3.12%
Revenue Next Year-4.4%
Revenue Next 2Y-1.43%
Revenue Next 3Y-0.46%
Revenue Next 5Y0.09%
EBIT growth 1Y-30.04%
EBIT growth 3YN/A
EBIT growth 5Y26.74%
EBIT Next Year117.51%
EBIT Next 3Y29.51%
EBIT Next 5Y16.31%
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 21.32 and the Price/Book (PB) ratio is 0.64.
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 -1.28% in the next year.