Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Valaris Limited operates as a leading global contractor, supplying offshore drilling services to the international petroleum sector. The company maintains an extensive fleet of 56 offshore drilling rigs, featuring 11 drillships, 4 dynamically positioned semi-submersible rigs, 1 moored semi-submersible rig, and 40 jackup rigs. It caters to a diverse clientele, encompassing major international, state-owned, and independent oil and gas entities, with operations spanning key regions such as the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia, and Southeast Asia. Valaris was established in 2009 and is headquartered in Hamilton, Bermuda.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBITDA, trading at neut