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Rowan (RDC) Intrinsic Value: Projected FCF : $0.00 (As of May. 05, 2024)


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What is Rowan Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-05), Rowan's Intrinsic Value: Projected FCF is $0.00. The stock price of Rowan is $10.93. Therefore, Rowan's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Rowan's Intrinsic Value: Projected FCF or its related term are showing as below:

RDC's Price-to-Projected-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 0.82
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Rowan Intrinsic Value: Projected FCF Historical Data

The historical data trend for Rowan's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rowan Intrinsic Value: Projected FCF Chart

Rowan Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.14 -11.50 -1.67 25.79 23.35

Rowan Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.79 25.83 25.10 25.96 23.35

Competitive Comparison of Rowan's Intrinsic Value: Projected FCF

For the Oil & Gas Drilling subindustry, Rowan's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rowan's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rowan's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Rowan's Price-to-Projected-FCF falls into.



Rowan Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Rowan's Free Cash Flow(6 year avg) = $-93.74.

Rowan's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec18)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-93.7376+5035*0.8)/126.900
=24.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rowan  (NYSE:RDC) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Rowan's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=10.93/24.709102365942
=0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rowan Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Rowan's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Rowan (RDC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2800 Post Oak Boulevard, Suite 5450, Houston, TX, USA, 77056-6189
Rowan Companies has been drilling for oil and gas for 90 years, serving oil and gas companies globally. In 2011 and 2012, the firm entered the deep-water market with four new rig orders. Rowan now operates 29 offshore drilling units, which includes 25 jackup drilling units, and four ultra-deepwater drillships.
Executives
Charles L Szews director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Stephen M Butz officer: EVP & CFO C/O HERCULES OFFSHORE, INC., 9 GREENWAY PLAZA, SUITE 2200, HOUSTON TX 77046
Alan Quintero officer: SVP - Business Development 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Thomas Peter Burke director, officer: President & CEO 2800 POST OAK BLVD, HOUSTON TX 77056
Thomas R Hix director C/O COOPER CAMERON, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Suzanne P Nimocks director 2800 POST OAK BLVD, SUITE 5450, HOUSTON TX 77056
Dennis S Baldwin officer: Chief Accounting Officer 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
John J Quicke director C/O SEQUA CORP, 200 PARK AVENUE, 44TH FL, NEW YORK NY 10166
Tore I Sandvold director C/O SCHLUMBERGER LIMITED, 5999 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
William E Albrecht director 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Jack B Moore director 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Thierry Pilenko director 10300 TOWN PARK DRIVE, HOUSTON TX 77072
P Dexter Peacock director PO BOX 4544, PO BOX 4544, HOUSTON TX 77210-4544
Melanie Montague Trent officer: EVP, General Counsel & CAO 2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
W Matt Ralls director, officer: Executive Chairman ROWAN COMPANIES, HOUSTON TX 77002

Rowan (RDC) Headlines