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NorAm Drilling AS (FRA:TM9) Price-to-Free-Cash-Flow : 5.55 (As of Sep. 26, 2024)


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What is NorAm Drilling AS Price-to-Free-Cash-Flow?

As of today (2024-09-26), NorAm Drilling AS's share price is €3.11. NorAm Drilling AS's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2024 was €0.56. Hence, NorAm Drilling AS's Price-to-Free-Cash-Flow Ratio for today is 5.55.

The historical rank and industry rank for NorAm Drilling AS's Price-to-Free-Cash-Flow or its related term are showing as below:

FRA:TM9' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.51   Med: 5.26   Max: 37.89
Current: 6.01

During the past 5 years, NorAm Drilling AS's highest Price-to-Free-Cash-Flow Ratio was 37.89. The lowest was 3.51. And the median was 5.26.

FRA:TM9's Price-to-Free-Cash-Flow is ranked better than
68.58% of 592 companies
in the Oil & Gas industry
Industry Median: 8.595 vs FRA:TM9: 6.01

NorAm Drilling AS's Free Cash Flow per Share for the three months ended in Jun. 2024 was €0.11. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was €0.56.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of NorAm Drilling AS was -35.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 137.90% per year.

During the past 5 years, NorAm Drilling AS's highest 3-Year average Free Cash Flow per Share Growth Rate was 137.90% per year. The lowest was 68.70% per year. And the median was 103.30% per year.


NorAm Drilling AS Price-to-Free-Cash-Flow Historical Data

The historical data trend for NorAm Drilling AS's Price-to-Free-Cash-Flow 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.

NorAm Drilling AS Price-to-Free-Cash-Flow Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
- - - 12.68 4.09

NorAm Drilling AS Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.01 4.59 4.09 4.42 6.11

Competitive Comparison of NorAm Drilling AS's Price-to-Free-Cash-Flow

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


NorAm Drilling AS's Price-to-Free-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NorAm Drilling AS's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where NorAm Drilling AS's Price-to-Free-Cash-Flow falls into.



NorAm Drilling AS Price-to-Free-Cash-Flow Calculation

NorAm Drilling AS's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=3.11/0.56
=5.55

NorAm Drilling AS's Share Price of today is €3.11.
NorAm Drilling AS's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.56.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

NorAm Drilling AS  (FRA:TM9) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


NorAm Drilling AS Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of NorAm Drilling AS's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


NorAm Drilling AS Business Description

Industry
Traded in Other Exchanges
Address
Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.

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