PRECISION DRILLING CORP (PDS) Stock Fundamental Analysis
USA - NYSE:PDS - CA74022D4075 - Common Stock
59.91 USD
+1.17 (+1.99%)
59.91 USD
0 (0%)
Overall PDS gets a fundamental rating of 4 out of 10. We evaluated PDS against 60 industry peers in the Energy Equipment & Services industry. PDS has an average financial health and profitability rating. PDS has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years PDS had a positive operating cash flow.
1.2 Ratios
PDS has a Return On Assets (2.10%) which is in line with its industry peers.
PDS has a Return On Equity of 3.54%. This is in the lower half of the industry: PDS underperforms 61.67% of its industry peers.
PDS has a Return On Invested Capital of 4.93%. This is comparable 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 7.85%.
| 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 has a Profit Margin of 3.21%. This is in the lower half of the industry: PDS underperforms 61.67% of its industry peers.
In the last couple of years the Profit Margin of PDS has grown nicely.
PDS has a Operating Margin (9.39%) which is in line with its industry peers.
In the last couple of years the Operating Margin of PDS has grown nicely.
With a decent Gross Margin value of 32.97%, PDS is doing good in the industry, outperforming 68.33% of the companies in the same industry.
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
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.
The number of shares outstanding for PDS has been reduced compared to 5 years ago.
PDS has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.08, we must say that PDS is in the distress zone and has some risk of bankruptcy.
PDS has a worse Altman-Z score (1.08) than 66.67% 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.
Looking at the Debt to FCF ratio, with a value of 3.61, PDS is in line with its industry, outperforming 60.00% of the companies in the same industry.
PDS has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
PDS's Debt to Equity ratio of 0.44 is in line compared to the rest of the industry. PDS outperforms 46.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.61 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.59
WACC8.3%
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.
PDS has a Quick Ratio of 1.42. 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 Quick ratio of 1.42. This is comparable to the rest of the industry: PDS outperforms 43.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
PDS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -74.60%.
PDS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 76.97% yearly.
PDS shows a decrease in Revenue. In the last year, the revenue decreased by -5.55%.
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
PDS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.82% yearly.
The Revenue is expected to grow by 0.09% on average over the next years.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
A Price/Earnings ratio of 22.03 indicates a rather expensive valuation of PDS.
Compared to the rest of the industry, the Price/Earnings ratio of PDS is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.11. PDS is around the same levels.
The Price/Forward Earnings ratio is 11.22, which indicates a very decent valuation of PDS.
88.33% of the companies in the same industry are more expensive than PDS, based on the Price/Forward Earnings ratio.
PDS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.55.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.03 | ||
| Fwd PE | 11.22 |
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 | 5.31 | ||
| EV/EBITDA | 3.77 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.29
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 |
59.91
+1.17 (+1.99%)
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 Cap789.01M
Revenue(TTM)1.83B
Net Income(TTM)58.81M
Analysts80
Price Target77.15 (28.78%)
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 | 22.03 | ||
| Fwd PE | 11.22 | ||
| P/S | 0.6 | ||
| P/FCF | 5.31 | ||
| P/OCF | 2.46 | ||
| P/B | 0.67 | ||
| P/tB | 0.67 | ||
| EV/EBITDA | 3.77 |
EPS(TTM)2.72
EY4.54%
EPS(NY)5.34
Fwd EY8.92%
FCF(TTM)11.29
FCFY18.85%
OCF(TTM)24.34
OCFY40.62%
SpS99.24
BVpS90
TBVpS89.44
PEG (NY)N/A
PEG (5Y)0.29
Graham Number74.22
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 | 1.08 |
F-Score6
WACC8.3%
ROIC/WACC0.59
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 22.03 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 -1.28% in the next year.