Archer Limited, an oilfield service company, provides various oilfield products and services to the oil and gas industry.
Reasonable growth potential and fair value.
Share Price & News
How has Archer's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8SW1's share price has been volatile over the past 3 months.
7 Day Return
DE Energy Services
1 Year Return
DE Energy Services
Return vs Industry: 8SW1 underperformed the German Energy Services industry which returned -53.5% over the past year.
Return vs Market: 8SW1 underperformed the German Market which returned 3.9% over the past year.
Price Volatility Vs. Market
How volatile is Archer's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Archer undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8SW1 (€0.17) is trading below our estimate of fair value (€0.9)
Significantly Below Fair Value: 8SW1 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8SW1 is unprofitable, so we can't compare its PE Ratio to the XE Energy Services industry average.
PE vs Market: 8SW1 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8SW1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8SW1 is good value based on its PB Ratio (0.3x) compared to the XE Energy Services industry average (0.5x).
How is Archer forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8SW1 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: 8SW1 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 8SW1's is expected to become profitable in the next 3 years.
Revenue vs Market: 8SW1's revenue (6.5% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: 8SW1's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8SW1's Return on Equity is forecast to be low in 3 years time (7.9%).
How has Archer performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8SW1 is currently unprofitable.
Growing Profit Margin: 8SW1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8SW1 is unprofitable, but has reduced losses over the past 5 years at a rate of 15% per year.
Accelerating Growth: Unable to compare 8SW1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8SW1 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (11.1%).
Return on Equity
High ROE: 8SW1 has a negative Return on Equity (-44%), as it is currently unprofitable.
How is Archer's financial position?
Financial Position Analysis
Short Term Liabilities: 8SW1's short term assets ($266.1M) do not cover its short term liabilities ($722.3M).
Long Term Liabilities: 8SW1's short term assets ($266.1M) exceed its long term liabilities ($99.3M).
Debt to Equity History and Analysis
Debt Level: 8SW1's debt to equity ratio (561.2%) is considered high.
Reducing Debt: 8SW1's debt to equity ratio has increased from 147.6% to 561.2% over the past 5 years.
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 8SW1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8SW1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.1% per year.
What is Archer current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8SW1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8SW1'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 8SW1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8SW1's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8SW1's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dag Skindlo (52yo)
Mr. Dag Skindlo has been Chief Executive Officer of Archer Limited since March 10, 2020 and served as its Executive Vice President of Strategy until March 2020. He has been Chief Financial Officer and Exec ...
|Chief Executive Officer||0.33yr||no data||0.17% $51.5k|
|Chief Financial Officer||0.33yr||no data||no data|
|General Counsel||2.83yrs||no data||0.037% $11.1k|
|Corporate Treasurer||no data||no data||no data|
|Secretary||no data||no data||no data|
Experienced Management: 8SW1's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
|Independent Director||1.83yrs||no data||no data|
|Director||1.17yrs||no data||no data|
|Independent Director||0.67yr||no data||no data|
|Independent Director||9.42yrs||no data||no data|
|Chairman of the Board||1.83yrs||no data||no data|
Experienced Board: 8SW1's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Archer Limited's company bio, employee growth, exchange listings and data sources
- Name: Archer Limited
- Ticker: 8SW1
- Exchange: DB
- Founded: 2007
- Industry: Oil and Gas Drilling
- Sector: Energy
- Market Cap: kr321.269m
- Listing Market Cap: kr30.103m
- Shares outstanding: 148.05m
- Website: https://www.archerwell.com
Number of Employees
- Archer Limited
- Par la Ville Place
- 4th Floor
- HM 08
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ARCHER||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Oct 2007|
|8SW1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2007|
|0RBA||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Oct 2007|
|ARHV.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2007|
|ARCHEO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Oct 2007|
Archer Limited, an oilfield service company, provides various oilfield products and services to the oil and gas industry. It operates through two segments, Eastern Hemisphere and Western Hemisphere. The company provides oiltools, such as plugs and abandonment (P&A), slot recovery and P&A, cementing, and well cleaning solutions; land drilling and platform drilling services; and modular drilling rigs. It also offers engineering services, such as project management, construction and installations, multidiscipline engineering, consulting, and inspection services. In addition, the company provides cased hole logging, conveyance and mechanical/slickline, and R&D and technology development services. Further, it offers fluids, guarantor, international personnel, management, and equipment rental services, as well as performs rig inspections. The company operates in Angola, Argentina, Australia, Bolivia, Brazil, Canada, Congo, Indonesia, Malaysia, Nigeria, Norway, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States. The company was formerly known as Seawell Limited and changed its name to Archer Limited in May 2011. Archer Limited was founded in 2007 and is based in Hamilton, Bermuda.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/13 05:39|
|End of Day Share Price||2020/07/10 00:00|
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.