Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
De Raj Group AG, through its subsidiaries, operates in the oil and gas business in Asia and Europe. It provides various solutions for the monetization of oil and gas fields for National oil companies, companies having stakes in oil fields, and other technological enterprises in the South East Asian region. The company has a range of assets comprising jack-up rigs, drilling equipment, processing equipment, and marine equipment that handles offshore oil and gas extraction and production for green fields, brown fields, and marginal fields. The company is based in Cologne, Germany.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI
