Company Valuation: Arabian Drilling Company

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 10,021 16,999 9,932 8,789 7,774 - -
Change - 69.63% -41.57% -11.51% -11.54% - -
Enterprise Value (EV) 1 10,021 18,753 12,373 8,789 10,041 9,708 9,466
Change - 87.13% -34.02% -28.97% 14.25% -3.32% -2.49%
P/E ratio 16.4x 28.1x 30.9x -116x 35.8x 16.5x 13.5x
PBR - 2.85x 1.67x - 1.31x 1.23x 1.22x
PEG - -32.08x -0.7x 1x -0x 0x 0.6x
Capitalization / Revenue 3.71x 4.89x 2.74x 2.56x 2.29x 1.9x 1.85x
EV / Revenue 3.71x 5.39x 3.42x 2.56x 2.96x 2.38x 2.25x
EV / EBITDA 8.76x 12.6x 8.82x 7.09x 7.15x 5.94x 5.48x
EV / EBIT 16.2x 23.4x 21.9x 52.2x 20.8x 13.9x 12x
EV / FCF - -35.8x -112x - 27.5x 11.1x 11.2x
FCF Yield - -2.79% -0.89% - 3.64% 8.98% 8.93%
Dividend per Share 2 - 5.06 2.7 - 1.541 3.374 4.2
Rate of return - 2.65% 2.42% - 1.78% 3.9% 4.85%
EPS 2 6.85 6.79 3.61 -0.85 2.42 5.233 6.413
Distribution rate - 74.5% 74.8% - 63.7% 64.5% 65.5%
Net sales 1 2,704 3,477 3,619 3,433 3,389 4,081 4,209
EBITDA 1 1,144 1,485 1,403 1,240 1,405 1,635 1,727
EBIT 1 619.1 801 565.5 168.3 483.3 696.5 788.8
Net income 1 557.7 605 321.4 -75.25 245 472.5 573.4
Net Debt 1 - 1,754 2,441 - 2,267 1,934 1,692
Reference price 2 112.60 191.00 111.60 98.75 86.60 86.60 86.60
Nbr of stocks (in thousands) 89,000 89,000 89,000 89,000 89,000 - -
Announcement Date 3/19/23 3/18/24 3/12/25 2/28/26 - - -
1SAR in Million2SAR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.09x2.96x7.15x1.76% 2.07B
17.41x5.47x12.32x4.2% 25.95B
34.54x3.33x10.07x3.78% 8.44B
7.84x0.95x3.8x4.1% 8.1B
39.11x3.15x9.01x-.--% 7.86B
32.31x3.65x15.16x-.--% 7.3B
19.49x3.74x7.79x2.97% 5.68B
16.37x0.53x4.77x2.75% 5.57B
-68.98x1.2x6.42x3.22% 4.71B
-28.76x1.39x6.47x2.54% 3.95B
Average 10.54x 2.64x 8.30x 2.53% 7.96B
Weighted average by Cap. 14.92x 3.40x 9.52x 2.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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