Drillcon AB (publ), together with its subsidiaries, operates as a diamond core drilling and raise boring contractor in Europe, Latin America, and internationally. More Details
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Drillcon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DRIL is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DRIL's weekly volatility (5%) has been stable over the past year.
7 Day Return
SE Metals and Mining
1 Year Return
SE Metals and Mining
Return vs Industry: DRIL underperformed the Swedish Metals and Mining industry which returned 55.8% over the past year.
Return vs Market: DRIL exceeded the Swedish Market which returned 42.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Drillcon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Look At The Fair Value Of Drillcon AB (publ) (STO:DRIL)
1 month ago | Simply Wall StWe Like These Underlying Return On Capital Trends At Drillcon (STO:DRIL)
2 months ago | Simply Wall StShareholders Of Drillcon (STO:DRIL) Must Be Happy With Their 278% Total Return
Is Drillcon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DRIL (SEK8.1) is trading below our estimate of fair value (SEK11.99)
Significantly Below Fair Value: DRIL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DRIL is poor value based on its PE Ratio (56.2x) compared to the Swedish Metals and Mining industry average (23.3x).
PE vs Market: DRIL is poor value based on its PE Ratio (56.2x) compared to the Swedish market (24.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DRIL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DRIL's PB Ratio (2x) is in line with the SE Metals and Mining industry average.
How is Drillcon forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Drillcon has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Drillcon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DRIL has high quality earnings.
Growing Profit Margin: DRIL's current net profit margins (2%) are lower than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: DRIL has become profitable over the past 5 years, growing earnings by 16.9% per year.
Accelerating Growth: DRIL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DRIL had negative earnings growth (-81.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (-14.6%).
Return on Equity
High ROE: DRIL's Return on Equity (3.6%) is considered low.
How is Drillcon's financial position?
Financial Position Analysis
Short Term Liabilities: DRIL's short term assets (SEK159.7M) exceed its short term liabilities (SEK90.6M).
Long Term Liabilities: DRIL's short term assets (SEK159.7M) exceed its long term liabilities (SEK32.5M).
Debt to Equity History and Analysis
Debt Level: DRIL's debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: DRIL's debt to equity ratio has reduced from 25.7% to 13.7% over the past 5 years.
Debt Coverage: DRIL's debt is well covered by operating cash flow (96.1%).
Interest Coverage: DRIL earns more interest than it pays, so coverage of interest payments is not a concern.
What is Drillcon current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DRIL's dividend (8.64%) is higher than the bottom 25% of dividend payers in the Swedish market (1.1%).
High Dividend: DRIL's dividend (8.64%) is in the top 25% of dividend payers in the Swedish market (3.35%)
Stability and Growth of Payments
Stable Dividend: DRIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DRIL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (485.6%), DRIL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Patrik Rylander (59 yo)
Mr. Patrik Rylander serves as the Chief Executive Officer at Drillcon AB and has been its Managing Director of Drillcon Norway since November 14, 2016. Mr. Rylander serves as Managing Director of Sales at ...
Experienced Board: DRIL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Drillcon AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Drillcon AB (publ)
- Ticker: DRIL
- Exchange: OM
- Founded: 1963
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: kr359.476m
- Shares outstanding: 44.60m
- Website: https://www.drillcon.se
Number of Employees
- Drillcon AB (publ)
- Industrivägen n.2
- Örebro County
- 713 30
Drillcon AB (publ), together with its subsidiaries, operates as a diamond core drilling and raise boring contractor in Europe, Latin America, and internationally. It offers various drilling services, such ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 22:42|
|End of Day Share Price||2021/06/17 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.