SHELF DRILLING LTD (SHLF.OL) Stock Fundamental Analysis
OSL:SHLF - Euronext Oslo - KYG236271055 - Common Stock - Currency: NOK
SHLF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 35 industry peers in the Energy Equipment & Services industry. There are concerns on the financial health of SHLF while its profitability can be described as average. 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
SHLF has a Return On Assets (3.92%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 19.01%, SHLF is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
SHLF has a Return On Invested Capital (9.20%) which is in line with its industry peers.
SHLF had an Average Return On Invested Capital over the past 3 years of 7.49%. This is below the industry average of 9.82%.
The 3 year average ROIC (7.49%) for SHLF is below the current ROIC(9.20%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 19.01% | ||
| ROIC | 9.2% |
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
SHLF has a Profit Margin (8.26%) which is in line with its industry peers.
SHLF's Operating Margin of 21.02% is amongst the best of the industry. SHLF outperforms 85.71% of its industry peers.
SHLF's Operating Margin has improved in the last couple of years.
SHLF has a Gross Margin of 43.83%. This is in the better half of the industry: SHLF outperforms 80.00% of its industry peers.
SHLF's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.02% | ||
| PM (TTM) | 8.26% | ||
| GM | 43.83% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SHLF is creating some value.
The number of shares outstanding for SHLF has been increased compared to 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 0.42, we must say that SHLF is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SHLF (0.42) is comparable to the rest of the industry.
SHLF has a Debt/Equity ratio of 2.89. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.89, SHLF is doing worse than 88.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.89 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.42 |
ROIC/WACC1.06
WACC8.65%
2.3 Liquidity
SHLF has a Current Ratio of 1.41. This is a normal value and indicates that SHLF is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of SHLF (1.41) is comparable to the rest of the industry.
SHLF has a Quick Ratio of 1.41. This is a normal value and indicates that SHLF is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of SHLF (1.41) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 180.00% over the past year.
The Revenue has grown by 8.50% in the past year. This is quite good.
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)180%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)8.5%
Revenue growth 3Y23.22%
Revenue growth 5Y11.33%
Sales Q2Q%-5.54%
3.2 Future
The Earnings Per Share is expected to grow by 168.06% on average over the next years. This is a very strong growth
Based on estimates for the next years, SHLF will show a quite strong growth in Revenue. The Revenue will grow by 8.43% on average per year.
EPS Next Y623.66%
EPS Next 2Y221.28%
EPS Next 3Y168.06%
EPS Next 5YN/A
Revenue Next Year0.98%
Revenue Next 2Y2.82%
Revenue Next 3Y8.43%
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
SHLF is valuated reasonably with a Price/Earnings ratio of 11.06.
SHLF's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 28.10. SHLF is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 1.54 indicates a rather cheap valuation of SHLF.
SHLF's Price/Forward Earnings ratio is rather cheap when compared to the industry. SHLF is cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.74. SHLF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.06 | ||
| Fwd PE | 1.54 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SHLF indicates a somewhat cheap valuation: SHLF is cheaper than 68.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.5 |
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's earnings are expected to grow with 168.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y221.28%
EPS Next 3Y168.06%
5. Dividend
5.1 Amount
SHLF does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:SHLF (5/6/2025, 3:51:04 PM)
4.645
+0.01 (+0.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners31.34%
Inst Owner ChangeN/A
Ins Owners1.39%
Ins Owner ChangeN/A
Market Cap1.19B
Analysts86
Price Target25.84 (456.3%)
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)1
Avg EPS beat(2)541.18%
Min EPS beat(2)-194.12%
Max EPS beat(2)1276.47%
EPS beat(4)1
Avg EPS beat(4)112.34%
Min EPS beat(4)-557.52%
Max EPS beat(4)1276.47%
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)16.78%
Min Revenue beat(2)0.28%
Max Revenue beat(2)33.28%
Revenue beat(4)4
Avg Revenue beat(4)10.94%
Min Revenue beat(4)0.28%
Max Revenue beat(4)33.28%
Revenue beat(8)8
Avg Revenue beat(8)13.34%
Revenue beat(12)10
Avg Revenue beat(12)11.19%
Revenue beat(16)10
Avg Revenue beat(16)6.73%
PT rev (1m)0%
PT rev (3m)2.7%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-2.13%
Revenue NY rev (3m)-5.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.06 | ||
| Fwd PE | 1.54 | ||
| P/S | 0.12 | ||
| P/FCF | N/A | ||
| P/OCF | 4.08 | ||
| P/B | 0.27 | ||
| P/tB | 0.27 | ||
| EV/EBITDA | 4.5 |
EPS(TTM)0.42
EY9.04%
EPS(NY)3.01
Fwd EY64.77%
FCF(TTM)-0.89
FCFYN/A
OCF(TTM)1.14
OCFY24.52%
SpS39.94
BVpS17.36
TBVpS17.36
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.92% | ||
| ROE | 19.01% | ||
| ROCE | 11.94% | ||
| ROIC | 9.2% | ||
| ROICexc | 10.08% | ||
| ROICexgc | 10.08% | ||
| OM | 21.02% | ||
| PM (TTM) | 8.26% | ||
| GM | 43.83% | ||
| FCFM | N/A |
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-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.89 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.22 | ||
| Cap/Depr | 58.28% | ||
| Cap/Sales | 5.08% | ||
| Interest Coverage | 1.48 | ||
| Cash Conversion | 9.59% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 0.42 |
F-Score6
WACC8.65%
ROIC/WACC1.06
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)180%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y623.66%
EPS Next 2Y221.28%
EPS Next 3Y168.06%
EPS Next 5YN/A
Revenue 1Y (TTM)8.5%
Revenue growth 3Y23.22%
Revenue growth 5Y11.33%
Sales Q2Q%-5.54%
Revenue Next Year0.98%
Revenue Next 2Y2.82%
Revenue Next 3Y8.43%
Revenue Next 5YN/A
EBIT growth 1Y11.34%
EBIT growth 3Y59.11%
EBIT growth 5Y199.67%
EBIT Next Year119.26%
EBIT Next 3Y42.53%
EBIT Next 5YN/A
FCF growth 1Y-3.79%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-67.36%
OCF growth 3YN/A
OCF growth 5YN/A