RIG N Stock Overview
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$86.19|
|52 Week High||US$119.99|
|52 Week Low||US$56.00|
|1 Month Change||1.40%|
|3 Month Change||11.44%|
|1 Year Change||9.92%|
|3 Year Change||-39.73%|
|5 Year Change||-63.14%|
|Change since IPO||-86.10%|
Recent News & Updates
|RIG N||MX Energy Services||MX Market|
Return vs Industry: RIG N underperformed the MX Energy Services industry which returned 19.8% over the past year.
Return vs Market: RIG N exceeded the MX Market which returned 5.1% over the past year.
|RIG N volatility|
|RIG N Average Weekly Movement||12.9%|
|Energy Services Industry Average Movement||0%|
|Market Average Movement||0%|
|10% most volatile stocks in MX Market||0%|
|10% least volatile stocks in MX Market||0%|
Stable Share Price: RIG N is more volatile than 90% of MX stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: RIG N's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of MX stocks.
About the Company
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters.
Transocean Fundamentals Summary
|RIG N fundamental statistics|
Is RIG N overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RIG N income statement (TTM)|
|Cost of Revenue||US$1.66b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.98|
|Net Profit Margin||-26.84%|
How did RIG N perform over the long term?See historical performance and comparison
Is Transocean undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RIG N (MX$86.19) is trading below our estimate of fair value (MX$215.32)
Significantly Below Fair Value: RIG N is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RIG N is unprofitable, so we can't compare its PE Ratio to the Global Energy Services industry average.
PE vs Market: RIG N is unprofitable, so we can't compare its PE Ratio to the MX market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RIG N's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RIG N is good value based on its PB Ratio (0.3x) compared to the XX Energy Services industry average (1.1x).
How is Transocean forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RIG N is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RIG N is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RIG N is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RIG N's revenue (7.9% per year) is forecast to grow faster than the MX market (6.1% per year).
High Growth Revenue: RIG N's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RIG N is forecast to be unprofitable in 3 years.
How has Transocean performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIG N is currently unprofitable.
Growing Profit Margin: RIG N is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RIG N is unprofitable, but has reduced losses over the past 5 years at a rate of 25.9% per year.
Accelerating Growth: Unable to compare RIG N's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RIG N is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-7.6%).
Return on Equity
High ROE: RIG N has a negative Return on Equity (-6%), as it is currently unprofitable.
How is Transocean's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: RIG N's short term assets ($2.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: RIG N's short term assets ($2.3B) do not cover its long term liabilities ($7.9B).
Debt to Equity History and Analysis
Debt Level: RIG N's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: RIG N's debt to equity ratio has increased from 49.1% to 63% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RIG N has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RIG N is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.8% per year.
What is Transocean current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RIG N's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RIG N's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RIG N's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RIG N's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: RIG N is not paying a notable dividend for the MX market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RIG N has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeremy Thigpen (46 yo)
Mr. Jeremy D. Thigpen has been the Chief Executive Officer of Transocean Ltd. since April 22, 2015 and served as President since April 22, 2015 until February 11, 2022. Prior to joining Transocean, Mr. Thi...
CEO Compensation Analysis
Compensation vs Market: Jeremy's total compensation ($USD13.72M) is above average for companies of similar size in the MX market ($USD2.59M).
Compensation vs Earnings: Jeremy's compensation has increased whilst the company is unprofitable.
Experienced Management: RIG N's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: RIG N's board of directors are considered experienced (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 been diluted in the past year, with total shares outstanding growing by 10.3%.
Transocean Ltd.'s employee growth, exchange listings and data sources
- Name: Transocean Ltd.
- Ticker: RIG N
- Exchange: BMV
- Founded: 1926
- Industry: Oil and Gas Drilling
- Sector: Energy
- Implied Market Cap: US$2.806b
- Listing Market Cap: US$56.350b
- Shares outstanding: 681.06m
- Website: https://www.deepwater.com
Number of Employees
- Transocean Ltd.
- Turmstrasse 30
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/07 00:00|
|End of Day Share Price||2022/05/05 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.