Seadrill Limited

DB:P4F Stock Report

Market Cap: €2.5b

Seadrill Valuation

Is P4F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of P4F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: P4F (€37.54) is trading below our estimate of fair value (€289.55)

Significantly Below Fair Value: P4F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for P4F?

Key metric: As P4F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for P4F. This is calculated by dividing P4F's market cap by their current earnings.
What is P4F's PE Ratio?
PE Ratio6.5x
EarningsUS$418.00m
Market CapUS$2.59b

Price to Earnings Ratio vs Peers

How does P4F's PE Ratio compare to its peers?

The above table shows the PE ratio for P4F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.4x
4DS Daldrup & Söhne
22.7x9.2%€49.0m
CE2 CropEnergies
15.3x-7.5%€1.0b
CE2 CropEnergies
82.4xn/a€1.2b
ETG EnviTec Biogas
9xn/a€455.9m
P4F Seadrill
6.5x-17.2%€2.6b

Price-To-Earnings vs Peers: P4F is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (32.3x).

Price to Earnings Ratio vs Industry

How does P4F's PE Ratio compare vs other companies in the European Energy Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
P4F 6.5xIndustry Avg. 9.3xNo. of Companies7PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: P4F is good value based on its Price-To-Earnings Ratio (6.5x) compared to the European Energy Services industry average (9.6x).

Price to Earnings Ratio vs Fair Ratio

What is P4F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

P4F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ratio13.1x

Price-To-Earnings vs Fair Ratio: P4F is good value based on its Price-To-Earnings Ratio (6.5x) compared to the estimated Fair Price-To-Earnings Ratio (13.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst P4F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€37.54
€49.84
+32.8%
9.5%€61.56€45.46n/a8
Nov ’25€35.84
€49.60
+38.4%
9.8%€59.98€44.29n/a8
Oct ’25€35.12
€52.76
+50.2%
9.0%€62.87€46.70n/a8
Sep ’25€38.60
€57.95
+50.1%
10.9%€73.19€52.15n/a9
Aug ’25€50.50
€60.17
+19.2%
12.7%€73.87€53.56n/a6
Jul ’25€47.06
€59.99
+27.5%
12.1%€74.33€53.89n/a7
Jun ’25€44.10
€59.65
+35.3%
13.3%€73.61€52.45n/a6
May ’25€44.10
€61.04
+38.4%
13.3%€75.32€53.67n/a6
Apr ’25€45.85
€57.05
+24.4%
8.5%€67.35€52.59n/a6
Mar ’25€38.70
€56.44
+45.9%
10.1%€67.36€47.99n/a6
Feb ’25€39.85
€56.70
+42.3%
11.1%€69.14€47.94n/a6
Jan ’25€41.75
€57.88
+38.6%
6.9%€66.68€55.57n/a6
Dec ’24€40.15
€55.37
+37.9%
1.4%€56.51€54.68n/a4
Nov ’24€36.45
€57.09
+56.6%
1.6%€58.03€56.15€35.844
Oct ’24€42.70
€57.09
+33.7%
1.6%€58.03€56.15€35.124
Sep ’24€45.80
€53.69
+17.2%
8.5%€56.90€45.89€38.604
Aug ’24€42.90
€50.34
+17.4%
10.0%€56.24€45.36€50.504
Jul ’24€35.85
€49.29
+37.5%
9.8%€57.66€46.50€47.064
Jun ’24€31.50
€49.29
+56.5%
9.8%€57.66€46.50€44.104
May ’24€30.35
€50.17
+65.3%
9.5%€58.41€47.11€44.104
Apr ’24€34.24
€50.17
+46.5%
9.5%€58.41€47.11€45.854
Mar ’24€39.80
€50.09
+25.9%
10.0%€57.16€46.10€38.703
Feb ’24n/a
€50.09
0%
10.0%€57.16€46.10€39.853
Jan ’24€28.94
€52.30
+80.7%
14.8%€60.05€44.55€41.752
Dec ’23€29.36
€52.30
+78.1%
14.8%€60.05€44.55€40.152

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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