SHELF DRILLING LTD (SHLF.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:SHLF • KYG236271055
18.44 NOK
-0.02 (-0.11%)
Last: Nov 25, 2025, 07:00 PM
We assign a fundamental rating of 4 out of 10 to SHLF. SHLF was compared to 36 industry peers in the Energy Equipment & Services industry. SHLF has a medium profitability rating, but doesn't score so well on its financial health evaluation. SHLF is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
- In the past year SHLF was profitable.
- In the past year SHLF had a positive cash flow from operations.
- In the past 5 years SHLF reported 4 times negative net income.
- SHLF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 5.82%, SHLF is doing good in the industry, outperforming 61.54% of the companies in the same industry.
- SHLF has a better Return On Equity (25.66%) than 82.05% of its industry peers.
- The Return On Invested Capital of SHLF (10.97%) is better than 66.67% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for SHLF is below the industry average of 10.31%.
- The 3 year average ROIC (7.49%) for SHLF is below the current ROIC(10.97%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.82% | ||
| ROE | 25.66% | ||
| ROIC | 10.97% |
ROA(3y)0.71%
ROA(5y)-4.17%
ROE(3y)1.47%
ROE(5y)-25.5%
ROIC(3y)7.49%
ROIC(5y)5.95%
1.3 Margins
- SHLF has a Profit Margin of 11.90%. This is in the better half of the industry: SHLF outperforms 71.79% of its industry peers.
- Looking at the Operating Margin, with a value of 25.08%, SHLF belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
- SHLF's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 47.01%, SHLF is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
- In the last couple of years the Gross Margin of SHLF has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.08% | ||
| PM (TTM) | 11.9% | ||
| GM | 47.01% |
OM growth 3Y29.1%
OM growth 5Y169.15%
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.
- SHLF has more shares outstanding than it did 5 years ago.
- 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 (0.68) which is comparable to the rest of the industry.
- SHLF has a debt to FCF ratio of 42.39. This is a negative value and a sign of low solvency as SHLF would need 42.39 years to pay back of all of its debts.
- SHLF has a Debt to FCF ratio of 42.39. This is in the lower half of the industry: SHLF underperforms 69.23% 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.
- SHLF has a worse Debt to Equity ratio (2.67) than 89.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.67 | ||
| Debt/FCF | 42.39 | ||
| Altman-Z | 0.68 |
ROIC/WACC1.18
WACC9.33%
2.3 Liquidity
- SHLF has a Current Ratio of 1.64. This is a normal value and indicates that SHLF is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.64, SHLF is in line with its industry, outperforming 56.41% of the companies in the same industry.
- SHLF has a Quick Ratio of 1.64. This is a normal value and indicates that SHLF is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.64, SHLF is in the better half of the industry, outperforming 64.10% of the companies in the same industry.
| 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.
- Looking at the last year, SHLF shows a decrease in Revenue. The Revenue has decreased by -1.57% in the last 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 81.64% on average over the next years. This is a very strong growth
- SHLF is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.33% yearly.
EPS Next Y346.25%
EPS Next 2Y105.12%
EPS Next 3Y81.64%
EPS Next 5YN/A
Revenue Next Year-1.86%
Revenue Next 2Y-0.41%
Revenue Next 3Y-0.33%
Revenue Next 5YN/A
3.3 Evolution
- 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 10.13, which indicates a very decent valuation of SHLF.
- SHLF's Price/Earnings ratio is a bit cheaper when compared to the industry. SHLF is cheaper than 71.79% of the companies in the same industry.
- SHLF is valuated cheaply when we compare the Price/Earnings ratio to 28.30, which is the current average of the S&P500 Index.
- SHLF is valuated reasonably with a Price/Forward Earnings ratio of 10.85.
- SHLF's Price/Forward Earnings is on the same level as the industry average.
- SHLF is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.13 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
- SHLF's Enterprise Value to EBITDA is on the same level as the industry average.
- SHLF's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.15 | ||
| EV/EBITDA | 4.85 |
4.3 Compensation for Growth
- SHLF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of SHLF may justify a higher PE ratio.
- A more expensive valuation may be justified as SHLF's earnings are expected to grow with 81.64% in the coming years.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y105.12%
EPS Next 3Y81.64%
5. Dividend
5.1 Amount
- SHLF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SHELF DRILLING LTD / SHLF.OL FAQ
Can you provide the ChartMill fundamental rating for SHELF DRILLING LTD?
ChartMill assigns a fundamental rating of 4 / 10 to SHLF.OL.
Can you provide the valuation status for SHELF DRILLING LTD?
ChartMill assigns a valuation rating of 7 / 10 to SHELF DRILLING LTD (SHLF.OL). This can be considered as Undervalued.
Can you provide the profitability details for SHELF DRILLING LTD?
SHELF DRILLING LTD (SHLF.OL) has a profitability rating of 6 / 10.
What is the financial health of SHELF DRILLING LTD (SHLF.OL) stock?
The financial health rating of SHELF DRILLING LTD (SHLF.OL) is 2 / 10.
What is the earnings growth outlook for SHELF DRILLING LTD?
The Earnings per Share (EPS) of SHELF DRILLING LTD (SHLF.OL) is expected to grow by 346.25% in the next year.