| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
RIGN Stock Overview
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide.
Transocean Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.11 |
| 52 Week High | US$0 |
| 52 Week Low | US$0 |
| Beta | 3 |
| 1 Month Change | 0% |
| 3 Month Change | 37.00% |
| 1 Year Change | 71.25% |
| 3 Year Change | -46.55% |
| 5 Year Change | -59.71% |
| Change since IPO | -95.82% |
Recent News & Updates
Shareholder Returns
| RIGN | CH Energy Services | CH Market | |
|---|---|---|---|
| 7D | 0% | -1.1% | -3.1% |
| 1Y | 71.3% | 1.8% | 1.8% |
Return vs Industry: RIGN exceeded the Swiss Energy Services industry which returned 1.8% over the past year.
Return vs Market: RIGN exceeded the Swiss Market which returned 1.8% over the past year.
Price Volatility
| RIGN volatility | |
|---|---|
| RIGN Average Weekly Movement | 72.9% |
| Energy Services Industry Average Movement | 8.1% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in CH Market | 8.5% |
| 10% least volatile stocks in CH Market | 2.5% |
Stable Share Price: RIGN is more volatile than 90% of Swiss stocks over the past 3 months, typically moving +/- 73% a week.
Volatility Over Time: RIGN's weekly volatility has increased from 39% to 73% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1926 | 5,000 | Jeremy Thigpen | https://www.deepwater.com |
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters.
Transocean Fundamentals Summary
| RIGN fundamental statistics | |
|---|---|
| Market Cap | US$2.33b |
| Earnings (TTM) | -US$668.00m |
| Revenue (TTM) | US$2.49b |
0.9x
P/S Ratio-3.5x
P/E RatioIs RIGN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RIGN income statement (TTM) | |
|---|---|
| Revenue | US$2.49b |
| Cost of Revenue | US$1.66b |
| Gross Profit | US$827.00m |
| Other Expenses | US$1.50b |
| Earnings | -US$668.00m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.98 |
| Gross Margin | 33.23% |
| Net Profit Margin | -26.84% |
| Debt/Equity Ratio | 63.0% |
How did RIGN perform over the long term?
See historical performance and comparisonValuation
Is Transocean undervalued compared to its fair value and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RIGN (CHF4.11) is trading below our estimate of fair value (CHF17.48)
Significantly Below Fair Value: RIGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RIGN is unprofitable, so we can't compare its PE Ratio to the European Energy Services industry average.
PE vs Market: RIGN is unprofitable, so we can't compare its PE Ratio to the Swiss market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RIGN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RIGN is good value based on its PB Ratio (0.2x) compared to the XE Energy Services industry average (0.9x).
Future Growth
How is Transocean forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
53.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RIGN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RIGN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RIGN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RIGN's revenue (8.1% per year) is forecast to grow faster than the Swiss market (4.3% per year).
High Growth Revenue: RIGN's revenue (8.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RIGN is forecast to be unprofitable in 3 years.
Past Performance
How has Transocean performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
25.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIGN is currently unprofitable.
Growing Profit Margin: RIGN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RIGN is unprofitable, but has reduced losses over the past 5 years at a rate of 25.9% per year.
Accelerating Growth: Unable to compare RIGN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RIGN is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-29.4%).
Return on Equity
High ROE: RIGN has a negative Return on Equity (-6%), as it is currently unprofitable.
Financial Health
How is Transocean's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: RIGN's short term assets ($2.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: RIGN's short term assets ($2.3B) do not cover its long term liabilities ($7.9B).
Debt to Equity History and Analysis
Debt Level: RIGN's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: RIGN's debt to equity ratio has increased from 49.1% to 63% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RIGN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RIGN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.8% per year.
Dividend
What is Transocean current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RIGN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RIGN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RIGN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RIGN's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: RIGN is not paying a notable dividend for the Swiss market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RIGN has not reported any payouts.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Jeremy Thigpen (46 yo)
7.08yrs
Tenure
US$13,715,358
Compensation
Mr. Jeremy D. Thigpen has been the Chief Executive Officer of Transocean Ltd. since April 22, 2015 and served as President since April 22, 2015 until February 11, 2022. Prior to joining Transocean, Mr. Thi...
CEO Compensation Analysis
Compensation vs Market: Jeremy's total compensation ($USD13.72M) is above average for companies of similar size in the Swiss market ($USD1.32M).
Compensation vs Earnings: Jeremy's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: RIGN's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: RIGN's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.3%.
Top Shareholders
Company Information
Transocean Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Transocean Ltd.
- Ticker: RIGN
- Exchange: SWX
- Founded: 1926
- Industry: Oil and Gas Drilling
- Sector: Energy
- Implied Market Cap: US$2.329b
- Listing Market Cap: US$2.331b
- Shares outstanding: 681.06m
- Website: https://www.deepwater.com
Number of Employees
Location
- Transocean Ltd.
- Turmstrasse 30
- Steinhausen
- Zug
- 6312
- Switzerland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/13 00:00 |
| End of Day Share Price | 2022/05/13 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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 here.