A

Arabian Drilling Co
SAU:2381

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Arabian Drilling Co
SAU:2381
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Price: 121 SAR 2.54%
Market Cap: ﷼10.8B

EV/GP

34.3
Current
95%
More Expensive
vs 3-y average of 17.6

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
34.3
=
Enterprise Value
﷼12.8B
/
Gross Profit
﷼374.1m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
34.3
=
Enterprise Value
﷼12.8B
/
Gross Profit
﷼374.1m

Valuation Scenarios

Arabian Drilling Co is trading above its 3-year average

If EV/GP returns to its 3-Year Average (17.6), the stock would be worth ﷼62.08 (49% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-64%
Maximum Upside
No Upside Scenarios
Average Downside
56%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 34.3 ﷼121
0%
3-Year Average 17.6 ﷼62.08
-49%
5-Year Average 17.4 ﷼61.38
-49%
Industry Average 13.5 ﷼47.55
-61%
Country Average 12.3 ﷼43.29
-64%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
SA
A
Arabian Drilling Co
SAU:2381
Average P/E: 21.4
Negative Multiple: -143.1
N/A N/A
CN
China Oilfield Services Ltd
SSE:601808
18.9
10%
1.9
US
Noble Corp (Cayman Island)
NYSE:NE
37.4
39%
1
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -2.6 N/A N/A
BM
Valaris Ltd
NYSE:VAL
7.2
-28%
N/A
SA
A
ADES Holding Company SJSC
SAU:2382
26.8
17%
1.6
US
Noble Corporation PLC
CSE:NOBLE
22.7
39%
0.6
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -49.5 N/A N/A
US
Helmerich and Payne Inc
NYSE:HP
Negative Multiple: -12.7 N/A N/A
BM
Seadrill Ltd
NYSE:SDRL
Negative Multiple: -40.3 N/A N/A
BM
Odfjell Drilling Ltd
OSE:ODL
15.5
14%
1.1

Market Distribution

Higher than 92% of companies in Saudi Arabia
Percentile
92st
Based on 208 companies
92st percentile
34.3
Low
2.4 — 8.4
Typical Range
8.4 — 16.3
High
16.3 —
Distribution Statistics
Saudi Arabia
Min 2.4
30th Percentile 8.4
Median 12.3
70th Percentile 16.3
Max 315.2

Arabian Drilling Co
Glance View

Market Cap
10.8B SAR
Industry
N/A

Arabian Drilling Co., rooted in the heart of the Middle East, represents a vital cog in the region's energy infrastructure. Established with a unique blend of local expertise and international standards, the company has carved a niche in the oil and gas sector, offering a comprehensive suite of drilling services. From its humble beginnings, Arabian Drilling has blossomed into a powerhouse, collaborating with energy giants to explore and develop oil reserves across the Arabian Peninsula. It thrives on the complexities of offshore and onshore drilling, seamlessly integrating cutting-edge technology with tried-and-tested practices to deliver unparalleled service quality. The firm’s ability to adapt to the ever-evolving demands of the energy market has been pivotal to its sustained growth and competitiveness. Revenue generation at Arabian Drilling Co. is driven primarily through long-term contracts with major oil producers. These contracts ensure a steady stream of income, as the company provides intricate drilling solutions crucial for oil extraction and production. By investing in advanced drilling rigs and developing a skilled workforce, the company guarantees operational efficiency and safety, which are paramount in this high-stakes industry. Moreover, its strategic partnerships within the sector allow Arabian Drilling to enhance its value proposition, not only securing lucrative contracts but also reinforcing its reputation as a reliable partner in drilling operations. Thus, the company stands as a testament to how integrating operational excellence with strategic alliances can lead to sustained financial success in the energy sector.

Intrinsic Value
83.02 SAR
Overvaluation 31%
Intrinsic Value
Price ﷼121
A
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