Added to YB: 2025-02-25
Pitch date: 2025-02-01
VAL [bullish]
Valaris Limited
+13.47%
current return
Author Info
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Company Info
Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, U.
Market Cap
$3.9B
Pitch Price
$47.51
Price Target
431.50 (+697%)
Dividend
N/A
EV/EBITDA
5.66
P/E
9.97
EV/Sales
1.82
Sector
Energy Equipment and Services
Category
value
Valaris (VAL) - Multibagger Upside at 16 Cents on a Dollar
VAL: World's largest offshore driller by fleet size (53 vessels). Strong tailwinds: day rates up 100% since 2022, breakevens down 40% since 2014. Trading at 16 cents on dollar of EV. 5-9x upside potential based on NAV. Peak FCF margins of 27% by 2028E. John Fredriksen buying, 5% buyback yield.
Read full article (17 min)