Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Dril-Quip's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DQU'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: DQU exceeded the German Energy Services industry which returned -57.9% over the past year.
Return vs Market: DQU underperformed the German Market which returned -17.7% over the past year.
Price Volatility Vs. Market
How volatile is Dril-Quip's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Dril-Quip 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: DQU (€24.6) is trading below our estimate of fair value (€70.14)
Significantly Below Fair Value: DQU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DQU is poor value based on its PE Ratio (587.6x) compared to the Energy Services industry average (9.2x).
PE vs Market: DQU is poor value based on its PE Ratio (587.6x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: DQU is poor value based on its PEG Ratio (10.5x)
Price to Book Ratio
PB vs Industry: DQU is overvalued based on its PB Ratio (0.9x) compared to the XE Energy Services industry average (0.4x).
How is Dril-Quip forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DQU's forecast earnings growth (56.2% per year) is above the savings rate (-0.4%).
Earnings vs Market: DQU's earnings (56.2% per year) are forecast to grow faster than the German market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DQU's revenue (6.7% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: DQU's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DQU is forecast to be unprofitable in 3 years.
How has Dril-Quip performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DQU has a large one-off loss of $2.9M impacting its December 31 2019 financial results.
Growing Profit Margin: DQU became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DQU's earnings have declined by -64.1% per year over the past 5 years.
Accelerating Growth: DQU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DQU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (0.7%).
Return on Equity
High ROE: DQU's Return on Equity (0.2%) is considered low.
How is Dril-Quip's financial position?
Financial Position Analysis
Short Term Liabilities: DQU's short term assets ($880.5M) exceed its short term liabilities ($96.9M).
Long Term Liabilities: DQU's short term assets ($880.5M) exceed its long term liabilities ($18.9M).
Debt to Equity History and Analysis
Debt Level: DQU is debt free.
Reducing Debt: DQU has not had any debt for past 5 years.
Debt Coverage: DQU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DQU has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: DQU has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if DQU's debt is covered by short term assets.
What is Dril-Quip's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DQU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DQU's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DQU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DQU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DQU's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Blake DeBerry (59yo)
Mr. Blake T. DeBerry has been the Chief Executive Officer and President of Dril-Quip, Inc. since October 2011. Mr. DeBerry served as Senior Vice President of Sales and Engineering at Dril-Quip, Inc. since ...
CEO Compensation Analysis
Compensation vs Market: Blake's total compensation ($USD4.10M) is above average for companies of similar size in the German market ($USD1.40M).
Compensation vs Earnings: Blake's compensation has been consistent with company performance over the past year.
|Senior VP of Production Operations & CFO||3yrs||US$1.40m||0.16% $1.5m|
|VP, General Counsel & Secretary||9yrs||US$1.11m||0.14% $1.3m|
|VP of Finance & Chief Accounting Officer||1yr||no data||0.030% $274.7k|
Experienced Management: DQU's management team is seasoned and experienced (5.7 years average tenure).
|Chairman of the Board||8.42yrs||US$306.66k||0.11% $985.2k|
|Director||0.50yr||no data||0.0088% $79.7k|
Experienced Board: DQU's board of directors are considered experienced (7.9 years average tenure).
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.
Dril-Quip, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Dril-Quip, Inc.
- Ticker: DQU
- Exchange: DB
- Founded: 1981
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$1.003b
- Listing Market Cap: US$909.353m
- Shares outstanding: 35.87m
- Website: https://www.dril-quip.com
Number of Employees
- Dril-Quip, Inc.
- 6401 North Eldridge Parkway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DRQ||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Oct 1997|
|DQU||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1997|
|DQU||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Oct 1997|
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company’s principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as downhole tools. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products. The company’s products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 21:30|
|End of Day Share Price||2020/03/30 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.