OB:SDSD

Stock Analysis Report

S.D. Standard Drilling

Executive Summary

S.D. Standard Drilling Plc operates in oil and gas sector.

Snowflake

Fundamentals

Flawless balance sheet and good value.

Share Price & News

How has S.D. Standard Drilling's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SDSD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.9%

SDSD

0.7%

NO Energy Services

-1.1%

NO Market


1 Year Return

-16.1%

SDSD

-22.1%

NO Energy Services

-3.9%

NO Market

Return vs Industry: SDSD exceeded the Norwegian Energy Services industry which returned -22.1% over the past year.

Return vs Market: SDSD underperformed the Norwegian Market which returned -3.9% over the past year.


Shareholder returns

SDSDIndustryMarket
7 Day-0.9%0.7%-1.1%
30 Day-0.9%1.8%1.1%
90 Day15.0%16.0%8.7%
1 Year-16.1%-16.1%-20.6%-22.1%1.2%-3.9%
3 Year-68.8%-68.8%8.8%0.5%40.5%22.9%
5 Year193.6%-63.5%-31.7%-53.0%54.1%19.0%

Price Volatility Vs. Market

How volatile is S.D. Standard Drilling's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is S.D. Standard Drilling undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SDSD (NOK1.15) is trading below our estimate of fair value (NOK6.54)

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


Price To Earnings Ratio

PE vs Industry: SDSD is good value based on its PE Ratio (7.5x) compared to the Energy Services industry average (17.2x).

PE vs Market: SDSD is good value based on its PE Ratio (7.5x) compared to the Norwegian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: SDSD is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: SDSD is overvalued based on its PB Ratio (0.6x) compared to the NO Energy Services industry average (0.6x).


Next Steps

Future Growth

How is S.D. Standard Drilling forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SDSD's forecast earnings growth (6.7% per year) is above the savings rate (1.8%).

Earnings vs Market: SDSD's earnings (6.7% per year) are forecast to grow slower than the Norwegian market (20.9% per year).

High Growth Earnings: SDSD's earnings are forecast to grow, but not significantly.

Revenue vs Market: SDSD's revenue (27.4% per year) is forecast to grow faster than the Norwegian market (4.4% per year).

High Growth Revenue: SDSD's revenue (27.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SDSD's Return on Equity is forecast to be low in 3 years time (9.6%).


Next Steps

Past Performance

How has S.D. Standard Drilling performed over the past 5 years?

68.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SDSD has a high level of non-cash earnings.

Growing Profit Margin: SDSD's current net profit margins (86.6%) are higher than last year (68.9%).


Past Earnings Growth Analysis

Earnings Trend: SDSD has become profitable over the past 5 years, growing earnings by 68.3% per year.

Accelerating Growth: SDSD's earnings growth over the past year (1089.7%) exceeds its 5-year average (68.3% per year).

Earnings vs Industry: SDSD earnings growth over the past year (1089.7%) exceeded the Energy Services industry 14%.


Return on Equity

High ROE: SDSD's Return on Equity (8.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is S.D. Standard Drilling's financial position?


Financial Position Analysis

Short Term Liabilities: SDSD's short term assets ($21.0M) exceeds its short term liabilities ($27.0K)

Long Term Liabilities: SDSD has no long term liabilities


Debt to Equity History and Analysis

Debt Level: SDSD is debt free.

Reducing Debt: SDSD has not had any debt for past 5 years.

Debt Coverage: SDSD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SDSD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: SDSD has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if SDSD's debt is covered by short term assets.


Next Steps

Dividend

What is S.D. Standard Drilling's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.5%markettop25%6.0%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate SDSD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SDSD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SDSD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SDSD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SDSD is not paying a notable dividend for the Norwegian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SDSD's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

What is the CEO of S.D. Standard Drilling's salary, the management and board of directors tenure and is there insider trading?

6.3yrs

Average board tenure


CEO

S.D. Standard Drilling has no CEO, or we have no data on them.


Board Age and Tenure

6.3yrs

Average Tenure

Experienced Board: SDSD's board of directors are considered experienced (6.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$3,765,25417 Oct 19
As Ferncliff
EntityCompany
Shares3,302,845
Max PriceUS$1.14
BuyUS$257,50018 Dec 18
Espen Lundaas
EntityIndividual
Shares250,000
Max PriceUS$1.03
BuyUS$257,50018 Dec 18
Martin Nes
EntityIndividual
Role
Chairman of the Board
Chairman
Shares250,000
Max PriceUS$1.03

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.7%.


Management Team

  • Tatiana Dolobko

    Controller

    • Tenure: 0yrs
  • Eugene Loh

    Global Head of Human Resources

    • Tenure: 0yrs
  • Evangelia Panagide

    General Manager

    • Tenure: 6.2yrs
    • Compensation: US$48.00k
  • Christos Neocleous

    Chief Financial Officer

    • Tenure: 2.3yrs
    • Compensation: US$56.00k

Board Members

  • Martin Nes (50yo)

    Chairman

    • Tenure: 6.3yrs
    • Compensation: US$38.00k
  • George Crystallis (63yo)

    Non-Executive Independent Director

    • Tenure: 8.9yrs
    • Compensation: US$2.00k
  • Konstantinos Pantelidis

    Non-Executive Director

    • Tenure: 1.4yrs
    • Compensation: US$15.00k

Company Information

S.D. Standard Drilling Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: S.D. Standard Drilling Plc
  • Ticker: SDSD
  • Exchange: OB
  • Founded: 2010
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: kr662.430m
  • Shares outstanding: 576.03m
  • Website: https://www.standard-drilling.com

Number of Employees


Location

  • S.D. Standard Drilling Plc
  • Panayides Building
  • 2nd floor
  • Limassol
  • 3030
  • Cyprus

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SDSDOB (Oslo Bors)YesOrdinary SharesNONOKDec 2010
0P3PLSE (London Stock Exchange)YesOrdinary SharesGBNOKDec 2010
SDSDOBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKDec 2010
S1PDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2010

Biography

S.D. Standard Drilling Plc operates in oil and gas sector. It owns 100% interest in six large-size platform supply vessels (PSVs), as well as nine mid-size PSVs. The company was founded in 2010 and is head ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 22:04
End of Day Share Price2019/11/15 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.