SHELF DRILLING LTD (SHLF.OL) Stock Fundamental Analysis
OSL:SHLF - Euronext Oslo - KYG236271055 - Common Stock - Currency: NOK
Overall SHLF gets a fundamental rating of 4 out of 10. We evaluated SHLF against 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SHLF had positive earnings in the past year.
SHLF had a positive operating cash flow in the past year.
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 (4.34%) which is comparable to the rest of the industry.
SHLF has a Return On Equity of 20.46%. This is in the better half of the industry: SHLF outperforms 80.00% of its industry peers.
SHLF has a Return On Invested Capital (9.52%) which is comparable to the rest of the industry.
SHLF had an Average Return On Invested Capital over the past 3 years of 7.49%. This is below the industry average of 11.23%.
The 3 year average ROIC (7.49%) for SHLF is below the current ROIC(9.52%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.34% | ||
| ROE | 20.46% | ||
| ROIC | 9.52% |
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 9.29%, SHLF is in line with its industry, outperforming 60.00% of the companies in the same industry.
The Operating Margin of SHLF (22.42%) is better than 85.71% of its industry peers.
In the last couple of years the Operating Margin of SHLF has grown nicely.
With a decent Gross Margin value of 45.37%, SHLF is doing good in the industry, outperforming 80.00% 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 | 22.42% | ||
| PM (TTM) | 9.29% | ||
| GM | 45.37% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SHLF is still 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.
SHLF has a worse debt/assets ratio than last year.
2.2 Solvency
SHLF has an Altman-Z score of 0.52. This is a bad value and indicates that SHLF is not financially healthy and even has some risk of bankruptcy.
SHLF has a Altman-Z score (0.52) which is comparable to the rest of the industry.
The Debt to FCF ratio of SHLF is 1235.45, which is on the high side as it means it would take SHLF, 1235.45 years of fcf income to pay off all of its debts.
SHLF's Debt to FCF ratio of 1235.45 is on the low side compared to the rest of the industry. SHLF is outperformed by 74.29% of its industry peers.
SHLF has a Debt/Equity ratio of 2.85. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.85, SHLF is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.85 | ||
| Debt/FCF | 1235.45 | ||
| Altman-Z | 0.52 |
ROIC/WACC1.09
WACC8.73%
2.3 Liquidity
A Current Ratio of 1.63 indicates that SHLF should not have too much problems paying its short term obligations.
The Current ratio of SHLF (1.63) is better than 62.86% of its industry peers.
SHLF has a Quick Ratio of 1.63. This is a normal value and indicates that SHLF is financially healthy and should not expect problems in meeting its short term obligations.
SHLF has a better Quick ratio (1.63) than 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.63 |
3. Growth
3.1 Past
SHLF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.00%.
Looking at the last year, SHLF shows a decrease in Revenue. The Revenue has decreased by -0.32% 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)-50%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%150%
Revenue 1Y (TTM)-0.32%
Revenue growth 3Y23.22%
Revenue growth 5Y11.33%
Sales Q2Q%-3.53%
3.2 Future
Based on estimates for the next years, SHLF will show a very strong growth in Earnings Per Share. The EPS will grow by 168.06% on average per year.
The Revenue is expected to grow by 8.43% on average over the next years. This is quite good.
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
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 12.17, which indicates a correct valuation of SHLF.
The rest of the industry has a similar Price/Earnings ratio as SHLF.
The average S&P500 Price/Earnings ratio is at 26.82. SHLF is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 2.06, the valuation of SHLF can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SHLF indicates a rather cheap valuation: SHLF is cheaper than 97.14% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, SHLF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.17 | ||
| Fwd PE | 2.06 |
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.
SHLF's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. SHLF is more expensive than 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 198.49 | ||
| EV/EBITDA | 4.53 |
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.
A more expensive valuation may be justified as SHLF's earnings are expected to grow with 168.06% in the coming years.
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 (8/1/2025, 7:00:00 PM)
8.76
-0.32 (-3.52%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners27.32%
Inst Owner ChangeN/A
Ins Owners1.39%
Ins Owner ChangeN/A
Market Cap2.25B
Analysts78.18
Price Target6.8 (-22.37%)
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)343.14%
Min EPS beat(2)-194.12%
Max EPS beat(2)880.39%
EPS beat(4)2
Avg EPS beat(4)351.31%
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)3.31%
Min Revenue beat(2)0.28%
Max Revenue beat(2)6.35%
Revenue beat(4)4
Avg Revenue beat(4)11.41%
Min Revenue beat(4)0.28%
Max Revenue beat(4)33.28%
Revenue beat(8)8
Avg Revenue beat(8)11.03%
Revenue beat(12)11
Avg Revenue beat(12)12.37%
Revenue beat(16)11
Avg Revenue beat(16)7.26%
PT rev (1m)0%
PT rev (3m)-73.68%
EPS NQ rev (1m)-23.8%
EPS NQ rev (3m)-46.66%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.51%
Revenue NQ rev (3m)-5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.17 | ||
| Fwd PE | 2.06 | ||
| P/S | 0.22 | ||
| P/FCF | 198.49 | ||
| P/OCF | 5.42 | ||
| P/B | 0.49 | ||
| P/tB | 0.49 | ||
| EV/EBITDA | 4.53 |
EPS(TTM)0.72
EY8.22%
EPS(NY)4.25
Fwd EY48.48%
FCF(TTM)0.04
FCFY0.5%
OCF(TTM)1.62
OCFY18.46%
SpS39.17
BVpS17.79
TBVpS17.79
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.34% | ||
| ROE | 20.46% | ||
| ROCE | 12.37% | ||
| ROIC | 9.52% | ||
| ROICexc | 10.78% | ||
| ROICexgc | 10.78% | ||
| OM | 22.42% | ||
| PM (TTM) | 9.29% | ||
| GM | 45.37% | ||
| FCFM | 0.11% |
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 | 2.85 | ||
| Debt/FCF | 1235.45 | ||
| Debt/EBITDA | 4.15 | ||
| Cap/Depr | 45.74% | ||
| Cap/Sales | 4.02% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 13.23% | ||
| Profit Quality | 1.21% | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.63 | ||
| Altman-Z | 0.52 |
F-Score6
WACC8.73%
ROIC/WACC1.09
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)-50%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%150%
EPS Next Y623.66%
EPS Next 2Y221.28%
EPS Next 3Y168.06%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.32%
Revenue growth 3Y23.22%
Revenue growth 5Y11.33%
Sales Q2Q%-3.53%
Revenue Next Year0.98%
Revenue Next 2Y2.82%
Revenue Next 3Y8.43%
Revenue Next 5YN/A
EBIT growth 1Y-2.54%
EBIT growth 3Y59.11%
EBIT growth 5Y199.67%
EBIT Next Year99.26%
EBIT Next 3Y32.12%
EBIT Next 5YN/A
FCF growth 1Y100.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1552.99%
OCF growth 3YN/A
OCF growth 5YN/A