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ADNOC Drilling Company P.J.S.CADX:ADNOCDRILL Stock Report

Market Cap د.إ92.3b
Share Price
د.إ5.77
My Fair Value
AN
AnalystConsensusTarget
د.إ6.41
9.9% undervalued intrinsic discount
1Y32.9%
7D3.8%
Portfolio Value
​
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ADNOC Drilling Company P.J.S.C.

ADX:ADNOCDRILL Stock Report

Market Cap: د.إ92.3b

ADNOC Drilling Company P.J.S.C (ADNOCDRILL) Stock Overview

Engages in the provision of drilling and construction services in in the United Arab Emirates. More details

ADNOCDRILL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance5/6
Financial Health3/6
Dividends2/6

Rewards

Trading at 7.2% below our estimate of its fair value

Earnings grew by 25.8% over the past year

Risk Analysis

Has a high level of debt


ADNOCDRILL Community Fair Values

Create Narrative

See what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.

ADNO
ADNOC Drilling Company P.J.S.C
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 18 Analysts

Enersol's Acquisitions And Turnwell's Ventures Will Boost Future Service Capabilities

Key Takeaways Expansion of rig fleet and tech acquisitions aims to drive revenue growth, operational efficiency, and margins for ADNOC Drilling. Regional expansion and decarbonization efforts are expected to diversify revenue streams and maintain strong net margins.
View narrative
د.إ6.41
FV
9.9% undervalued intrinsic discount
7.09%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
13users have followed this narrative
6 days ago author updated this narrative
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ADNOC Drilling Company P.J.S.C. Competitors

Price History & Performance

Summary of share price highs, lows and changes for ADNOC Drilling Company P.J.S.C
Historical stock prices
Current Share Priceد.إ5.77
52 Week Highد.إ6.01
52 Week Lowد.إ4.21
Beta0.42
1 Month Change1.23%
3 Month Change17.76%
1 Year Change32.95%
3 Year Change55.53%
5 Year Changen/a
Change since IPO95.59%

Recent News & Updates

The Trend Of High Returns At ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Has Us Very Interested

Jul 22
The Trend Of High Returns At ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Has Us Very Interested

ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Share Price Could Signal Some Risk

Jun 14
ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Share Price Could Signal Some Risk

Recent updates

The Trend Of High Returns At ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Has Us Very Interested

Jul 22
The Trend Of High Returns At ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Has Us Very Interested

ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Share Price Could Signal Some Risk

Jun 14
ADNOC Drilling Company P.J.S.C.'s (ADX:ADNOCDRILL) Share Price Could Signal Some Risk

ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Dividend Will Be Increased To $0.0905

Mar 19
ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Dividend Will Be Increased To $0.0905

ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 05
ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Shareholders Will Receive A Bigger Dividend Than Last Year

ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Is Increasing Its Dividend To $0.0905

Feb 17
ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Is Increasing Its Dividend To $0.0905

Analyst Estimates: Here's What Brokers Think Of ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) After Its Yearly Report

Feb 16
Analyst Estimates: Here's What Brokers Think Of ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) After Its Yearly Report
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Expansion Into Jordan, Kuwait, And Oman Will Diversify Operations And Strengthen International Presence

Expansion of rig fleet and operational efficiency aims to support significant revenue growth and achieve targeted oil production goals.

We Think ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Might Have The DNA Of A Multi-Bagger

Dec 10
We Think ADNOC Drilling Company P.J.S.C (ADX:ADNOCDRILL) Might Have The DNA Of A Multi-Bagger

ADNOC Drilling Company P.J.S.C. Beat Revenue Forecasts By 5.9%: Here's What Analysts Are Forecasting Next

Nov 02
ADNOC Drilling Company P.J.S.C. Beat Revenue Forecasts By 5.9%: Here's What Analysts Are Forecasting Next

Getting In Cheap On ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Is Unlikely

Oct 16
Getting In Cheap On ADNOC Drilling Company P.J.S.C. (ADX:ADNOCDRILL) Is Unlikely

Investors Should Be Encouraged By ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns On Capital

Sep 11
Investors Should Be Encouraged By ADNOC Drilling Company P.J.S.C's (ADX:ADNOCDRILL) Returns On Capital

Shareholder Returns

ADNOCDRILLAE Energy ServicesAE Market
7D3.8%0.1%1.5%
1Y32.9%15.6%17.0%

Return vs Industry: ADNOCDRILL exceeded the AE Energy Services industry which returned 15.6% over the past year.

Return vs Market: ADNOCDRILL exceeded the AE Market which returned 17% over the past year.

Price Volatility

Is ADNOCDRILL's price volatile compared to industry and market?
ADNOCDRILL volatility
ADNOCDRILL Average Weekly Movement3.2%
Energy Services Industry Average Movement5.7%
Market Average Movement4.2%
10% most volatile stocks in AE Market9.2%
10% least volatile stocks in AE Market2.4%

Stable Share Price: ADNOCDRILL has not had significant price volatility in the past 3 months compared to the AE market.

Volatility Over Time: ADNOCDRILL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971n/aAbdulla Al Messabiwww.adnocdrilling.ae

ADNOC Drilling Company P.J.S.C. engages in the provision of drilling and construction services in in the United Arab Emirates. The company operates through four segments: Onshore, Offshore Jackup, Offshore Island, and Oilfield Services. It provides onshore drilling and workover rigs, equipment, and related services; and rigs, equipment, and island rig services, as well as transportation, catering, diesel supply, camp construction, and accommodation services.

ADNOC Drilling Company P.J.S.C. Fundamentals Summary

How do ADNOC Drilling Company P.J.S.C's earnings and revenue compare to its market cap?
ADNOCDRILL fundamental statistics
Market capد.إ92.28b
Earnings (TTM)د.إ5.03b
Revenue (TTM)د.إ15.86b
18.3x
P/E Ratio
5.8x
P/S Ratio

Is ADNOCDRILL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADNOCDRILL income statement (TTM)
RevenueUS$4.32b
Cost of RevenueUS$2.54b
Gross ProfitUS$1.78b
Other ExpensesUS$405.41m
EarningsUS$1.37b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.086
Gross Margin41.11%
Net Profit Margin31.72%
Debt/Equity Ratio62.6%

How did ADNOCDRILL perform over the long term?

See historical performance and comparison

Dividends

3.4%
Current Dividend Yield
73%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/29 22:18
End of Day Share Price 2025/07/29 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ADNOC Drilling Company P.J.S.C. is covered by 22 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shadab AshfaqAl Ramz Capital LLC
Nour SherifArqaam Capital Research Offshore S.A.L.
Soha SaniourArqaam Capital Research Offshore S.A.L.