Borr Drilling Limited

OB:BORR Stock Report

Market Cap: NOK 12.9b

Borr Drilling Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow 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 BORR 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: BORR (NOK41.8) is trading below our estimate of future cash flow value (NOK367.26)

Significantly Below Future Cash Flow Value: BORR 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 BORR?

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

The above table shows the Price to Sales ratio for BORR. This is calculated by dividing BORR's market cap by their current revenue.
What is BORR's PS Ratio?
PS Ratio1.4x
SalesUS$1.02b
Market CapUS$1.37b

Price to Sales Ratio vs Peers

How does BORR's PS Ratio compare to its peers?

The above table shows the PS ratio for BORR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.7x
COSH Constellation Oil Services Holding
1.8x3.41%NOK 11.7b
ODL Odfjell Drilling
2.4x2.07%NOK 22.1b
PLSV Paratus Energy Services
5.6x15.78%NOK 8.1b
VTURA Ventura Offshore Holding
1.1x7.60%NOK 3.1b
BORR Borr Drilling
1.4x11.67%NOK 1.4b

Price-To-Sales vs Peers: BORR is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (2.7x).

Historical Price to Sales Ratio

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

Fetching historical data

Price to Sales Ratio vs Industry

How does BORR's PS Ratio compare vs other companies in the NO Energy Services Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
DWELLOP Dwellop
0.2xn/aUS$7.00m
No more companies available in this PS range
BORR 1.4xIndustry Avg. 1.7xNo. of Companies5PS00.81.62.43.24+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BORR is good value based on its Price-To-Sales Ratio (1.4x) compared to the Norwegian Energy Services industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is BORR'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.

BORR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: BORR is expensive based on its Price-To-Sales Ratio (1.4x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).

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 BORR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 41.80
NOK 44.95
+7.53%
25.02%NOK 59.04NOK 28.34n/a6
Aug ’27NOK 37.56
NOK 50.88
+35.46%
28.19%NOK 64.77NOK 28.57n/a6
Jul ’27NOK 43.00
NOK 56.99
+32.55%
21.97%NOK 67.31NOK 29.69n/a6
Jun ’27NOK 47.80
NOK 52.98
+10.84%
24.18%NOK 63.10NOK 27.84n/a5
May ’27NOK 56.52
NOK 51.52
-8.84%
25.35%NOK 63.59NOK 28.05n/a5
Apr ’27NOK 56.50
NOK 51.20
-9.39%
23.71%NOK 63.15NOK 29.14n/a5
Mar ’27NOK 56.56
NOK 48.39
-14.45%
24.42%NOK 62.18NOK 28.70n/a6
Feb ’27NOK 44.06
NOK 46.85
+6.33%
13.19%NOK 56.54NOK 40.39n/a5
Jan ’27NOK 41.24
NOK 45.43
+10.17%
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 37.565
Jul ’26n/a
NOK 33.36
0%
37.62%NOK 54.89NOK 22.18NOK 43.005
Jun ’26n/a
NOK 33.40
0%
37.62%NOK 54.95NOK 22.21NOK 47.805
May ’26n/a
NOK 46.88
0%
26.11%NOK 62.66NOK 28.20NOK 56.525
Apr ’26n/a
NOK 51.84
0%
15.25%NOK 62.78NOK 41.85NOK 56.505
Mar ’26n/a
NOK 53.22
0%
16.89%NOK 67.58NOK 42.80NOK 56.564
Feb ’26n/a
NOK 60.74
0%
11.82%NOK 67.91NOK 50.93NOK 44.063
Jan ’26NOK 40.56
NOK 62.44
+53.95%
7.14%NOK 66.90NOK 57.98NOK 41.242
Dec ’25NOK 42.00
NOK 74.72
+77.91%
24.29%NOK 99.88NOK 57.71n/a3
Nov ’25NOK 45.24
NOK 82.93
+83.32%
20.00%NOK 99.52NOK 66.35n/a2
Oct ’25NOK 57.90
NOK 99.84
+72.43%
5.26%NOK 105.09NOK 94.58n/a2
Sep ’25NOK 62.95
NOK 99.84
+58.60%
5.26%NOK 105.09NOK 94.58n/a2
Aug ’25NOK 73.20
NOK 99.84
+36.39%
5.26%NOK 105.09NOK 94.58n/a2
NOK 44.2
Fair Value
5.4% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/17 23:39
End of Day Share Price 2026/08/17 00:00
Earnings2026/06/30
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 13 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.