Patterson-UTI Energy, Inc.

BIT:1PTEN Stock Report

Market Cap: €2.1b

Patterson-UTI Energy Valuation

Is 1PTEN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1PTEN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€13.83
Fair Value
58.4% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: 1PTEN (€5.75) is trading below our estimate of fair value (€13.83)

Significantly Below Fair Value: 1PTEN is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1PTEN?

Key metric: As 1PTEN is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1PTEN. This is calculated by dividing 1PTEN's market cap by their current revenue.
What is 1PTEN's PS Ratio?
PS Ratio0.5x
SalesUS$5.15b
Market CapUS$2.31b

Price to Sales Ratio vs Peers

How does 1PTEN's PS Ratio compare to its peers?

The above table shows the PS ratio for 1PTEN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
SPM Saipem
0.3x0.91%€4.4b
YRM Rosetti Marino
0.3x5.16%€183.2m
TEN Tenaris
1.5x0.59%€16.7b
NE Noble
1.2x3.75%US$3.8b
1PTEN Patterson-UTI Energy
0.5x-0.57%€2.3b

Price-To-Sales vs Peers: 1PTEN is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does 1PTEN's PS Ratio compare vs other companies in the European Energy Services Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
1PTEN 0.5xIndustry Avg. 0.8xNo. of Companies11PS00.61.21.82.43+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 1PTEN is good value based on its Price-To-Sales Ratio (0.5x) compared to the European Energy Services industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is 1PTEN'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.

1PTEN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1PTEN's Price-To-Sales 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 1PTEN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€5.75
€8.07
+40.33%
14.21%€11.43€7.03n/a14
May ’26€5.10
€8.25
+61.85%
14.25%€11.42€7.03n/a14
Apr ’26n/a
€9.95
0%
11.36%€12.94€8.32n/a15
Mar ’26n/a
€10.27
0%
10.84%€13.35€9.54n/a15
Feb ’26n/a
€10.20
0%
11.03%€13.34€9.53n/a15
Jan ’26n/a
€10.43
0%
11.78%€13.51€9.65n/a16
Dec ’25n/a
€10.35
0%
12.79%€13.28€8.54n/a17
Nov ’25n/a
€10.83
0%
19.39%€16.61€8.31n/a17
Oct ’25n/a
€11.92
0%
14.62%€16.10€8.95n/a17
Sep ’25n/a
€12.43
0%
12.77%€17.16€10.83n/a17
Aug ’25n/a
€13.10
0%
12.01%€17.61€11.12n/a18
Jul ’25n/a
€14.26
0%
10.65%€17.74€12.14n/a18
Jun ’25n/a
€14.22
0%
9.94%€17.49€11.97n/a18
May ’25n/a
€14.90
0%
8.48%€17.76€13.09€5.1018
Apr ’25n/a
€14.69
0%
8.69%€17.35€11.87n/a18
Mar ’25n/a
€14.91
0%
9.89%€17.56€11.09n/a18
Feb ’25n/a
€14.91
0%
10.39%€17.54€11.08n/a17
Jan ’25n/a
€15.48
0%
11.01%€19.07€10.90n/a19
Dec ’24n/a
€16.19
0%
10.90%€21.15€14.71n/a18
Nov ’24n/a
€17.55
0%
11.63%€21.72€15.11n/a18
Oct ’24n/a
€17.11
0%
12.58%€20.81€13.24n/a18
Sep ’24n/a
€16.68
0%
13.29%€20.42€13.00n/a16
Aug ’24n/a
€16.13
0%
13.82%€20.03€12.75n/a16
Jul ’24n/a
€15.43
0%
17.80%€20.16€11.91n/a16
Jun ’24n/a
€15.95
0%
17.05%€20.36€11.11n/a15
May ’24n/a
€16.56
0%
18.85%€23.70€11.85n/a15
AnalystConsensusTarget
Consensus Narrative from 14 Analysts
€8.35
Fair Value
31.1% undervalued intrinsic discount
14
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 03:52
End of Day Share Price 2025/05/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

Patterson-UTI Energy, Inc. is covered by 58 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Waqar SyedATB Capital Markets
James WestBarclays
Sungeun KimBarclays