Risk factor
Significant default risk
Profitability factor
Good margins and returns
About
Paratus Energy Services Ltd., through its subsidiaries, owns and manages jack-up drilling rigs under contracts in Mexico. It also provides pipe-laying support vessels (PLSV) under contracts in Brazil; and offers subsea engineering, installation, and other services. The company was founded in 2018 and is based in Hamilton, Bermuda.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on E
Target Price
The average target price of PLSV.OL is 56 and suggests 14% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
