Stock BORR BORR DRILLING LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Borr Drilling Limited

Equities

BORR

BMG1466R1732

Oil & Gas Drilling

Market Closed - Oslo Bors
Other stock markets
 10:45:00 2024-04-26 am EDT 		5-day change 1st Jan Change
60.5 NOK +1.17% Intraday chart for Borr Drilling Limited +0.17% -20.24%
Apr. 09 Borr Drilling Limited Announces New Contract Commitment for Three of Its Premium Jack-Up Rigs, the "Prospector 1", the "Gunnlod", and A Rig to Be Dicated CI
Apr. 09 Borr Drilling Receives New Contract Commitments For Three Rigs MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 952.4 190.8 319.7 1,246 1,892 1,386 - -
Enterprise Value (EV) 1 2,534 2,078 2,197 2,773 3,491 3,210 3,060 2,904
P/E ratio -2.99 x -0.43 x -1.49 x -3.32 x 82.9 x 8.51 x 7.39 x 6.6 x
Yield - - - - - 3.88% 6.16% 4.87%
Capitalization / Revenue 2.85 x 0.62 x 1.3 x 2.81 x 2.45 x 1.45 x 1.3 x 1.2 x
EV / Revenue 7.58 x 6.76 x 8.96 x 6.25 x 4.52 x 3.35 x 2.88 x 2.51 x
EV / EBITDA -974 x 104 x 73 x 17.6 x 9.96 x 6.22 x 5.26 x 5.34 x
EV / FCF -7.03 x -21.4 x -28.2 x -133 x -21.4 x -22.8 x 15.7 x 10.8 x
FCF Yield -14.2% -4.67% -3.54% -0.75% -4.68% -4.39% 6.37% 9.23%
Price to Book 0.74 x 0.18 x 0.33 x 1.39 x - 1.23 x 1.13 x 0.97 x
Nbr of stocks (in thousands) 55,409 109,429 150,145 228,893 253,525 252,996 - -
Reference price 2 17.19 1.744 2.129 5.445 7.462 5.478 5.478 5.478
Announcement Date 2/28/20 2/26/21 2/16/22 2/16/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 334.1 307.5 245.3 443.8 771.6 957.6 1,063 1,155
EBITDA 1 -2.6 20 30.1 157.4 350.5 516.4 581.4 544.1
EBIT 1 -150.7 -110.9 -88.3 25.6 250.4 390.5 469.7 446.4
Operating Margin -45.11% -36.07% -36% 5.77% 32.45% 40.78% 44.19% 38.63%
Earnings before Tax (EBT) 1 -296.9 -289 -183.3 -274.4 56.1 222.7 298.7 266.5
Net income 1 -308.1 -305.2 -193 -292.8 22.1 172.1 239.7 201.5
Net margin -92.22% -99.25% -78.68% -65.98% 2.86% 17.97% 22.55% 17.44%
EPS 2 -5.740 -4.060 -1.430 -1.640 0.0900 0.6439 0.7412 0.8294
Free Cash Flow 1 -360.6 -97.1 -77.8 -20.8 -163.4 -141 195 268
FCF margin -107.93% -31.58% -31.72% -4.69% -21.18% -14.72% 18.35% 23.2%
FCF Conversion (EBITDA) - - - - - - 33.54% 49.26%
FCF Conversion (Net income) - - - - - - 81.35% 132.98%
Dividend per Share 2 - - - - - 0.2125 0.3375 0.2667
Announcement Date 2/28/20 2/26/21 2/16/22 2/16/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 73 69.1 82 105.3 107.9 148.6 172 187.5 191.5 220.6 234.3 240.7 245.3 245.7 287.2
EBITDA 1 - 25 21.4 37 43.9 55.1 72.4 84 88.2 105.9 123.5 129.6 130.3 130.5 161.4
EBIT 1 -8.7 -13 -12.3 1.4 11.3 25.9 46 59.9 63.8 80.7 90.9 97.56 100.5 99.32 88.7
Operating Margin -11.92% -18.81% -15% 1.33% 10.47% 17.43% 26.74% 31.95% 33.32% 36.58% 38.79% 40.52% 40.99% 40.42% 30.88%
Earnings before Tax (EBT) 1 -27.9 -42.4 -46.5 -159 -50.4 -18.5 7.9 14.2 14.9 19.1 49.5 56.16 58.29 55.05 46.86
Net income 1 -32.6 -46.1 -51.3 -165.3 -54.9 -21.3 -7.4 0.8 0.3 28.4 37.06 43.2 44.99 41.82 36.88
Net margin -44.66% -66.71% -62.56% -156.98% -50.88% -14.33% -4.3% 0.43% 0.16% 12.87% 15.81% 17.95% 18.34% 17.02% 12.84%
EPS 2 -0.2400 -0.3400 -0.3500 -1.090 -0.3000 -0.0900 -0.0300 - - 0.1100 0.0873 0.1404 0.1785 0.1368 0.1466
Dividend per Share 2 - - - - - - - - - - 0.0667 0.0500 0.0500 0.0500 0.1000
Announcement Date 11/5/21 2/16/22 5/31/22 8/9/22 11/17/22 2/16/23 5/23/23 8/17/23 11/16/23 2/22/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,581 1,887 1,878 1,527 1,599 1,824 1,674 1,518
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) -608.2 x 94.35 x 62.38 x 9.698 x 4.563 x 3.533 x 2.88 x 2.791 x
Free Cash Flow 1 -361 -97.1 -77.8 -20.8 -163 -141 195 268
ROE (net income / shareholders' equity) -21.9% -26.1% -20% -32.8% 2.35% 15.3% 16.1% 16.1%
ROA (Net income/ Total Assets) -9.95% -9.44% -6.17% -9.63% 0.73% 3.8% 4.9% 6.9%
Assets 1 3,097 3,232 3,126 3,041 3,041 4,529 4,892 2,921
Book Value Per Share 2 23.20 9.590 6.500 3.920 - 4.450 4.840 5.650
Cash Flow per Share -1.660 - - - - - - -
Capex 1 272 42.4 18.8 81.5 113 370 83 70.5
Capex / Sales 81.29% 13.79% 7.66% 18.36% 14.61% 38.64% 7.81% 6.1%
Announcement Date 2/28/20 2/26/21 2/16/22 2/16/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Borr Drilling Limited

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
5.478 USD
Average target price
7.362 USD
Spread / Average Target
+34.38%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Drilling

1st Jan change Capi.
BORR DRILLING LIMITED Stock Borr Drilling Limited
-20.24% 1.39B
ADNOC DRILLING COMPANY Stock ADNOC Drilling Company
+1.59% 16.73B
CHINA OILFIELD SERVICES LIMITED Stock China Oilfield Services Limited
+12.28% 9.69B
NOBLE CORPORATION PLC Stock Noble Corporation Plc
-4.38% 6.61B
ADES HOLDING COMPANY Stock ADES Holding Company
-18.75% 5.69B
VALARIS LIMITED Stock Valaris Limited
+0.92% 5.01B
TRANSOCEAN LTD. Stock Transocean Ltd.
-7.56% 4.86B
PATTERSON-UTI ENERGY, INC. Stock Patterson-UTI Energy, Inc.
+4.17% 4.54B
HELMERICH & PAYNE, INC. Stock Helmerich & Payne, Inc.
+11.51% 3.99B
SINOPEC OILFIELD SERVICE CORPORATION Stock Sinopec Oilfield Service Corporation
+7.22% 3.9B
Other Oil & Gas Drilling
  1. Stock Market
  2. Equities
  3. BORR Stock
  4. Financials Borr Drilling Limited