Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Archer Ltd. is an international oilfield service company, which engages in the provision of a variety of oilfield products and services. It operates through the Eastern Hemisphere and Western Hemisphere segments. The Eastern Hemisphere segment is involved in platform drilling, engineering, wireline, and oil tools service divisions. The Western Hemisphere segment focuses on the land drilling operations in Latin America. The company was founded on August 31, 2007 and is headquartered in Sandnes, Norway.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, 'cheap' on EV/EBITDA