Precision Drilling (FRA:PRE1) Inventories, Work In Process: €0 Mil (As of Mar. 2026)


FRA:PRE1 Precision Drilling Corp FRA:PRE1
72 GF Score
Price €67.00
GF Value €57.61
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Precision Drilling Inventories, Work In Process?

Precision Drilling FRA:PRE1 -1.47% 72 Inventories, Work In Process is €0 Mil as of Mar. 2026. GuruFocus rates FRA:PRE1 with a GF Score™ of 72/100 and a GF Value™ of €57.61 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Precision Drilling's work in process for the quarter that ended in Mar. 2026 was €0 Mil.

Precision Drilling Inventories, Work In Process Historical Data

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The historical data trend for Precision Drilling's Inventories, Work In Process 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.

Precision Drilling Inventories, Work In Process Chart

Precision Drilling Annual Data
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Precision Drilling Quarterly Data
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FRA:PRE1
72GF Score
Precision Drilling Corp FRA:PRE1
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Precision Drilling Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of €0 Mil mean?
Precision Drilling (FRA:PRE1) has a Inventories, Work In Process of €0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Precision Drilling and its competitors.
Is Precision Drilling's Inventories, Work In Process too high?
Precision Drilling's current Inventories, Work In Process is €0 Mil. Overall, Precision Drilling has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's Inventories, Work In Process compare to NE and RIG?
Precision Drilling's Inventories, Work In Process of €0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Oil & Gas company?
A good Inventories, Work In Process depends on the Oil & Gas industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Precision Drilling and its competitors. Precision Drilling's current Inventories, Work In Process is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Drilling stock overvalued right now?
Based on GuruFocus' analysis, Precision Drilling (FRA:PRE1) is currently considered Modestly Overvalued. The stock's GF Value™ is €57.61, compared to a current price of €67.00 — trading 16.3% above its estimated fair value. The current Inventories, Work In Process is €0 Mil. Precision Drilling's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Precision Drilling (FRA:PRE1), the current Inventories, Work In Process is €0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Precision Drilling (FRA:PRE1) Overvalued in 2026?

Based on GuruFocus' analysis, Precision Drilling stock appears to be overvalued. The current stock price of €67.00 is trading 16.3% above its estimated GF Value™ of €57.61. GuruFocus considers Precision Drilling to be Modestly Overvalued.

Key valuation signals for FRA:PRE1:

  • Inventories, Work In Process: €0 Mil
  • GF Value™: €57.61 vs. price of €67.00 (16.3% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the FRA:PRE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Precision Drilling Business Description

Industry EnergyOil & Gas
Other Exchanges PDS:USAPD:Canada
Address 525 - 8th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 1G1
Precision Drilling Corp is a provider of contract drilling, completion, and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. The company operates through two industry segments: Contract Drilling Services, which generates maximum revenue and includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment; and Completion and Production Services, which includes service rigs, oilfield equipment rental, and camp services. The company generates the majority of its revenue from the United States.
72GF Score

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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€67.00
Price
€57.61
GF Value