How does 0RBA's PS Ratio compare to its peers?

0RBA is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.7x).

How does 0RBA's PS Ratio compare vs other companies in the European Energy Services Industry?

0RBA is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Energy Services industry average (0.8x).

What is 0RBA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0RBA is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

What is the Fair Price of 0RBA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0RBA (NOK23.09) is trading below our estimate of [[fair value]] (NOK136.76)

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

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

Archer (LSE:0RBA) - Stock Price, News & Analysis

0RBA Stock Overview

Provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. More details

0RBA fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	4/6
Past Performance	3/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 83.1% below our estimate of its fair value

Earnings are forecast to grow 102.17% per year

Became profitable this year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 94.8%

Risk Analysis

Shares are highly illiquid

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year

Archer Limited Competitors

Gulf Marine Services

LSE:GMS

UK£179.8m

Jadestone Energy

AIM:JSE

UK£128.7m

John Wood Group

LSE:WG.

UK£371.2m

Hargreaves Services

AIM:HSP

UK£188.5m

Price History & Performance

Summary of all time highs, changes and price drops for Archer
Historical stock prices
Current Share Price	NOK 23.09
52 Week High	NOK 31.61
52 Week Low	NOK 19.30
Beta	1.03
11 Month Change	0.53%
3 Month Change	-4.31%
1 Year Change	4.69%
33 Year Change	-76.77%
5 Year Change	-69.32%
Change since IPO	-99.76%

Recent updates

Shareholder Returns

	0RBA	GB Energy Services	GB Market
7D	0%	2.3%	2.2%
1Y	4.7%	-34.4%	8.0%

Return vs Industry: 0RBA exceeded the UK Energy Services industry which returned -34.4% over the past year.

Return vs Market: 0RBA underperformed the UK Market which returned 8% over the past year.

Price Volatility

Is 0RBA's price volatile compared to industry and market?
0RBA volatility
0RBA Average Weekly Movement	n/a
Energy Services Industry Average Movement	6.4%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0RBA's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine 0RBA's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2007	5,074	Dag Skindlo	www.archerwell.com

Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. The company operates in three segments: Platform Operations, Well Services, and Land Drilling. It provides oil tools, wireline services, and coil tubing and pumping services, as well as well construction and completion, well intervention and workover, slot recovery, well plug and abandonment, and surface, geothermal, and CCUS applications.

Archer Limited Fundamentals Summary

How do Archer's earnings and revenue compare to its market cap?
0RBA fundamental statistics
Market cap	NOK 2.01b
Earnings (TTM)	NOK 13.29m
Revenue (TTM)	NOK 11.76b

151.6x

P/E Ratio

0.2x

P/S Ratio

Is 0RBA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0RBA income statement (TTM)
Revenue	US$1.06b
Cost of Revenue	US$877.60m
Gross Profit	US$183.80m
Other Expenses	US$182.60m
Earnings	US$1.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 28, 2025

Earnings per share (EPS)	0.013
Gross Margin	17.32%
Net Profit Margin	0.11%
Debt/Equity Ratio	211.6%

How did 0RBA perform over the long term?

See historical performance and comparison

0RBA Stock Overview

Rewards

Risk Analysis

Archer Limited Competitors

LSE:GMS

UK£179.8m

AIM:JSE

UK£128.7m

LSE:WG.

UK£371.2m

AIM:HSP

UK£188.5m

Price History & Performance

Recent News & Updates

Archer Limited (OB:ARCH) completed the acquisition of Wellbore Fishing & Rental Tools, LLC.

New minor risk - Shareholder dilution

Third quarter 2024 earnings released: EPS: US$0.038 (vs US$0.038 loss in 3Q 2023)

Archer Limited (OB:ARCH) entered into an agreement to acquire Wellbore Fishing & Rental Tools, LLC for $51 million.

Second quarter 2024 earnings released: EPS: US$0.015 (vs US$0.27 loss in 2Q 2023)

Archer Limited (OB:ARCH) agreed to acquire an additional 10% stake in Iceland Drilling Company Ltd from Kaldbakur ehf. for $2.5 million.

Recent updates

Archer Limited (OB:ARCH) completed the acquisition of Wellbore Fishing & Rental Tools, LLC.

New minor risk - Shareholder dilution

Third quarter 2024 earnings released: EPS: US$0.038 (vs US$0.038 loss in 3Q 2023)

Archer Limited (OB:ARCH) entered into an agreement to acquire Wellbore Fishing & Rental Tools, LLC for $51 million.

Second quarter 2024 earnings released: EPS: US$0.015 (vs US$0.27 loss in 2Q 2023)

Archer Limited (OB:ARCH) agreed to acquire an additional 10% stake in Iceland Drilling Company Ltd from Kaldbakur ehf. for $2.5 million.

Chief Executive Officer recently bought kr281k worth of stock

Archer Limited (OB:ARCH) entered into an agreement to acquire Moreld Ocean Wind from Remold Invest AS.

Archer Limited (OB:ARCH) agreed to acquire 65% stake in Vertikal Service As for NOK 25 million.

Full year 2023 earnings released: US$0.022 loss per share (vs US$0.066 profit in FY 2022)

New minor risk - Financial data availability

New minor risk - Profitability

New minor risk - Share price stability

Archer Limited Provides Earnings Guidance for 2023

Second quarter 2023 earnings released: US$0.011 loss per share (vs US$0.13 loss in 2Q 2022)

Now 26% undervalued

First quarter 2023 earnings released: US$0.056 loss per share (vs US$0.093 profit in 1Q 2022)

Archer Limited Announces Board Appointments

Archer Limited Approves to Elect Arne Sigve Nylund as a Director

Investor sentiment deteriorates as stock falls 68%

Full year 2022 earnings released: EPS: US$0.066 (vs US$0.10 loss in FY 2021)

Archer Limited to Report First Half, 2023 Results on Aug 18, 2023

Archer Limited (OB:ARCH) acquired Romar-Abrado for an enterprise value of $8 million.

Archer Limited (OB:ARCH) completed the acquisition of 50% stake in Iceland Drilling Company Ltd for $8.3 million.

Archer Limited Reiterates Earnings Guidance for the Fiscal Year 2022

Second quarter 2022 earnings released: US$0.13 loss per share (vs US$0.011 profit in 2Q 2021)

Archer Limited (OB:ARCH) signed an agreement to acquire 50% stake in Iceland Drilling Company Ltd for $8.3 million.

Archer Limited Announces the Resignation of Kjell-Erik Østdahl as Chairman and Member of the Board

First quarter 2022 earnings released: EPS: US$0.093 (vs US$0.041 in 1Q 2021)

Full year 2021 earnings released: US$0.10 loss per share (vs US$0.051 loss in FY 2020)

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Archer Limited Reports Impairment for the Fourth Quarter Ended December 31, 2021

Investor sentiment deteriorated over the past week

Archer Limited Provides Earnings Guidance for the Fourth Quarter of 2021 and Full Year 2022

Third quarter 2021 earnings released: US$0.066 loss per share (vs US$0.083 loss in 3Q 2020)

Forecast to breakeven in 2021

Second quarter 2021 earnings released: EPS US$0.011 (vs US$0.31 in 2Q 2020)

Archer Limited (OB:ARCH) completed the acquisition of DeepWell AS.

Archer Limited (OB:ARCH) signed an offer letter to acquire DeepWell AS.

Full year 2020 earnings released: US$0.051 loss per share (vs US$0.32 loss in FY 2019)

Full year 2020 earnings released: US$0.051 loss per share (vs US$0.32 loss in FY 2019)

Revenue misses expectations

Archer Limited to Report Q1, 2021 Results on Apr 30, 2021

Archer Secures A Five-Year Contract from Aker BP

Archer Secures Four-Year Contract Extension for Platform Drilling and Maintenance Services with Apache Corporation in the North Sea