SHELF DRILLING LTD (SHLF.OL) Stock Fundamental Analysis
Europe - OSL:SHLF - KYG236271055 - Common Stock
18.28 NOK
+0.02 (+0.11%)
We assign a fundamental rating of 4 out of 10 to SHLF. SHLF was compared to 35 industry peers in the Energy Equipment & Services industry. While SHLF is still in line with the averages on profitability rating, there are concerns on its financial health. SHLF has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SHLF had positive earnings in the past year.
In the past year SHLF had a positive cash flow from operations.
In the past 5 years SHLF reported 4 times negative net income.
Of the past 5 years SHLF 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.79%, SHLF is doing good in the industry, outperforming 62.86% of the companies in the same industry.
The Return On Equity of SHLF (25.57%) is better than 82.86% of its industry peers.
The Return On Invested Capital of SHLF (10.98%) is better than 65.71% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SHLF is below the industry average of 10.38%.
The 3 year average ROIC (7.49%) for SHLF is below the current ROIC(10.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.79% | ||
| ROE | 25.57% | ||
| ROIC | 10.98% |
ROA(3y)0.72%
ROA(5y)-4.17%
ROE(3y)1.5%
ROE(5y)-25.49%
ROIC(3y)7.49%
ROIC(5y)5.95%
1.3 Margins
Looking at the Profit Margin, with a value of 11.85%, SHLF is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
SHLF's Operating Margin of 25.11% is amongst the best of the industry. SHLF outperforms 88.57% of its industry peers.
SHLF's Operating Margin has improved in the last couple of years.
The Gross Margin of SHLF (47.01%) is better than 77.14% of its industry peers.
SHLF's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.11% | ||
| PM (TTM) | 11.85% | ||
| GM | 47.01% |
OM growth 3Y29.12%
OM growth 5Y169.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.44%
GM growth 5Y3.81%
2. Health
2.1 Basic Checks
SHLF has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SHLF has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SHLF has more shares outstanding
The debt/assets ratio for SHLF is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.68, we must say that SHLF is in the distress zone and has some risk of bankruptcy.
SHLF has a Altman-Z score of 0.68. This is comparable to the rest of the industry: SHLF outperforms 45.71% of its industry peers.
SHLF has a debt to FCF ratio of 40.93. This is a negative value and a sign of low solvency as SHLF would need 40.93 years to pay back of all of its debts.
SHLF's Debt to FCF ratio of 40.93 is on the low side compared to the rest of the industry. SHLF is outperformed by 62.86% of its industry peers.
SHLF has a Debt/Equity ratio of 2.67. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.67, SHLF is not doing good in the industry: 88.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.67 | ||
| Debt/FCF | 40.93 | ||
| Altman-Z | 0.68 |
ROIC/WACC1.21
WACC9.07%
2.3 Liquidity
A Current Ratio of 1.64 indicates that SHLF should not have too much problems paying its short term obligations.
SHLF's Current ratio of 1.64 is in line compared to the rest of the industry. SHLF outperforms 57.14% of its industry peers.
A Quick Ratio of 1.64 indicates that SHLF should not have too much problems paying its short term obligations.
SHLF's Quick ratio of 1.64 is fine compared to the rest of the industry. SHLF outperforms 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
SHLF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 200.00%, which is quite impressive.
The Revenue has decreased by -1.57% in the past year.
SHLF shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.33% yearly.
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%157.14%
Revenue 1Y (TTM)-1.57%
Revenue growth 3Y23.22%
Revenue growth 5Y11.33%
Sales Q2Q%45.81%
3.2 Future
The Earnings Per Share is expected to grow by 67.21% on average over the next years. This is a very strong growth
Based on estimates for the next years, SHLF will show a decrease in Revenue. The Revenue will decrease by -0.20% on average per year.
EPS Next Y265.49%
EPS Next 2Y104.08%
EPS Next 3Y67.21%
EPS Next 5YN/A
Revenue Next Year-1.29%
Revenue Next 2Y0.01%
Revenue Next 3Y-0.2%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.10 indicates a reasonable valuation of SHLF.
Based on the Price/Earnings ratio, SHLF is valued a bit cheaper than 62.86% of the companies in the same industry.
SHLF is valuated cheaply when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.93, the valuation of SHLF can be described as reasonable.
Based on the Price/Forward Earnings ratio, SHLF is valued a bit more expensive than the industry average as 68.57% of the companies are valued more cheaply.
SHLF is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.1 | ||
| Fwd PE | 10.93 |
4.2 Price Multiples
62.86% of the companies in the same industry are more expensive than SHLF, based on the Enterprise Value to EBITDA ratio.
60.00% of the companies in the same industry are cheaper than SHLF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.58 | ||
| EV/EBITDA | 4.84 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SHLF has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SHLF's earnings are expected to grow with 67.21% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y104.08%
EPS Next 3Y67.21%
5. Dividend
5.1 Amount
SHLF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:SHLF (10/20/2025, 4:19:45 PM)
18.28
+0.02 (+0.11%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners32.05%
Inst Owner ChangeN/A
Ins Owners1.39%
Ins Owner ChangeN/A
Market Cap4.70B
Analysts45.45
Price Target10.2 (-44.2%)
Short Float %N/A
Short RatioN/A
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)2
Avg EPS beat(2)463.72%
Min EPS beat(2)47.04%
Max EPS beat(2)880.39%
EPS beat(4)3
Avg EPS beat(4)502.45%
Min EPS beat(4)-194.12%
Max EPS beat(4)1276.47%
EPS beat(8)4
Avg EPS beat(8)106.25%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)26.53%
Min Revenue beat(2)6.35%
Max Revenue beat(2)46.71%
Revenue beat(4)4
Avg Revenue beat(4)21.66%
Min Revenue beat(4)0.28%
Max Revenue beat(4)46.71%
Revenue beat(8)8
Avg Revenue beat(8)16.01%
Revenue beat(12)12
Avg Revenue beat(12)16.28%
Revenue beat(16)12
Avg Revenue beat(16)10.2%
PT rev (1m)0%
PT rev (3m)50%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)100%
EPS NY rev (1m)22.85%
EPS NY rev (3m)-49.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.4%
Revenue NY rev (1m)0.98%
Revenue NY rev (3m)-2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.1 | ||
| Fwd PE | 10.93 | ||
| P/S | 0.48 | ||
| P/FCF | 14.58 | ||
| P/OCF | 7.29 | ||
| P/B | 1.03 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 4.84 |
EPS(TTM)1.81
EY9.9%
EPS(NY)1.67
Fwd EY9.15%
FCF(TTM)1.25
FCFY6.86%
OCF(TTM)2.51
OCFY13.72%
SpS38.41
BVpS17.8
TBVpS17.8
PEG (NY)0.04
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.79% | ||
| ROE | 25.57% | ||
| ROCE | 14.26% | ||
| ROIC | 10.98% | ||
| ROICexc | 12.19% | ||
| ROICexgc | 12.19% | ||
| OM | 25.11% | ||
| PM (TTM) | 11.85% | ||
| GM | 47.01% | ||
| FCFM | 3.26% |
ROA(3y)0.72%
ROA(5y)-4.17%
ROE(3y)1.5%
ROE(5y)-25.49%
ROIC(3y)7.49%
ROIC(5y)5.95%
ROICexc(3y)8.09%
ROICexc(5y)6.46%
ROICexgc(3y)8.09%
ROICexgc(5y)6.46%
ROCE(3y)9.73%
ROCE(5y)7.72%
ROICexcg growth 3Y46.17%
ROICexcg growth 5Y197.29%
ROICexc growth 3Y46.17%
ROICexc growth 5Y197.29%
OM growth 3Y29.12%
OM growth 5Y169.18%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.44%
GM growth 5Y3.81%
F-Score7
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.67 | ||
| Debt/FCF | 40.93 | ||
| Debt/EBITDA | 3.67 | ||
| Cap/Depr | 37.54% | ||
| Cap/Sales | 3.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 19.31% | ||
| Profit Quality | 27.55% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 0.68 |
F-Score7
WACC9.07%
ROIC/WACC1.21
Cap/Depr(3y)308.45%
Cap/Depr(5y)231%
Cap/Sales(3y)27.64%
Cap/Sales(5y)22.15%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)200%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%157.14%
EPS Next Y265.49%
EPS Next 2Y104.08%
EPS Next 3Y67.21%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.57%
Revenue growth 3Y23.22%
Revenue growth 5Y11.33%
Sales Q2Q%45.81%
Revenue Next Year-1.29%
Revenue Next 2Y0.01%
Revenue Next 3Y-0.2%
Revenue Next 5YN/A
EBIT growth 1Y18.82%
EBIT growth 3Y59.11%
EBIT growth 5Y199.67%
EBIT Next Year101.99%
EBIT Next 3Y25.11%
EBIT Next 5YN/A
FCF growth 1Y107.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y85.94%
OCF growth 3YN/A
OCF growth 5YN/A