Borr Drilling Limited

BATS-CHIXE:BORRO Stock Report

Market Cap: NOK 11.3b

Borr Drilling Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow 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 BORRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: BORRO (NOK36.72) is trading below our estimate of future cash flow value (NOK256.11)

Significantly Below Future Cash Flow Value: BORRO is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BORRO. This is calculated by dividing BORRO's market cap by their current earnings.
What is BORRO's PE Ratio?
PE Ratio36.1x
EarningsUS$32.90m
Market CapUS$1.19b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BORRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.7x
HTG Hunting
21.2x15.14%UK£645.0m
GMS Gulf Marine Services
15.8x35.55%UK£221.4m
YCA Yellow Cake
4.6x-59.83%UK£1.4b
ITH Ithaca Energy
21.3x12.98%UK£3.8b
BORRO Borr Drilling
36.1x64.02%NOK 1.2b

Price-To-Earnings vs Peers: BORRO is expensive based on its Price-To-Earnings Ratio (36.1x) compared to the peer average (15.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies7PE0816243240+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BORRO is expensive based on its Price-To-Earnings Ratio (36.1x) compared to the European Energy Services industry average (13.8x).

Price to Earnings Ratio vs Fair Ratio

What is BORRO'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.

BORRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BORRO's Price-To-Earnings Fair Ratio for valuation analysis.

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 BORRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 36.72
NOK 47.79
+30.17%
27.16%NOK 62.03NOK 28.63n/a6
Aug ’27NOK 37.67
NOK 50.88
+35.07%
28.19%NOK 64.77NOK 28.57n/a6
Jul ’27n/a
NOK 56.99
0%
21.97%NOK 67.31NOK 29.69n/a6
Jun ’27n/a
NOK 52.98
0%
24.18%NOK 63.10NOK 27.84n/a5
May ’27n/a
NOK 51.52
0%
25.35%NOK 63.59NOK 28.05n/a5
Apr ’27n/a
NOK 51.20
0%
23.71%NOK 63.15NOK 29.14n/a5
Mar ’27n/a
NOK 48.39
0%
24.42%NOK 62.18NOK 28.70n/a6
Feb ’27n/a
NOK 46.85
0%
13.19%NOK 56.54NOK 40.39n/a5
Jan ’27n/a
NOK 45.43
0%
15.88%NOK 56.91NOK 38.11n/a5
Dec ’26n/a
NOK 40.84
0%
3.58%NOK 42.98NOK 38.38n/a5
Nov ’26n/a
NOK 31.24
0%
14.97%NOK 39.93NOK 27.95n/a5
Oct ’26n/a
NOK 30.86
0%
14.97%NOK 39.43NOK 27.60n/a5
Sep ’26n/a
NOK 31.20
0%
16.76%NOK 40.26NOK 28.18n/a4
Aug ’26n/a
NOK 34.16
0%
36.97%NOK 55.86NOK 22.58NOK 37.675
Jul ’26n/a
NOK 33.36
0%
37.62%NOK 54.89NOK 22.18n/a5
Jun ’26n/a
NOK 33.40
0%
37.62%NOK 54.95NOK 22.21n/a5
May ’26n/a
NOK 46.88
0%
26.11%NOK 62.66NOK 28.20n/a5
Apr ’26n/a
NOK 51.84
0%
15.25%NOK 62.78NOK 41.85n/a5
Mar ’26n/a
NOK 53.22
0%
16.89%NOK 67.58NOK 42.80n/a4
Feb ’26n/a
NOK 60.74
0%
11.82%NOK 67.91NOK 50.93n/a3
Jan ’26n/a
NOK 62.44
0%
7.14%NOK 66.90NOK 57.98n/a2
Dec ’25n/a
NOK 74.72
0%
24.29%NOK 99.88NOK 57.71n/a3
Nov ’25NOK 44.98
NOK 82.93
+84.38%
20.00%NOK 99.52NOK 66.35n/a2
Oct ’25NOK 57.80
NOK 99.84
+72.73%
5.26%NOK 105.09NOK 94.58n/a2
Sep ’25NOK 62.90
NOK 99.84
+58.72%
5.26%NOK 105.09NOK 94.58n/a2
Aug ’25NOK 73.10
NOK 99.84
+36.58%
5.26%NOK 105.09NOK 94.58n/a2
NOK 47.64
Fair Value
22.9% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/10 11:05
End of Day Share Price 2026/08/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Borr Drilling Limited is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Gregory LewisBTIG
Douglas BeckerCapital One Securities, Inc.