Nabors Energy Transition II Valuation

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

NETD ($10.72) is trading above our estimate of [[fair value]] ($1.36)

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: NETD ($10.72) is trading above our estimate of fair value ($1.36)

Significantly Below Fair Value: NETD is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As NETD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NETD. This is calculated by dividing NETD's market cap by their current earnings.
What is NETD's PE Ratio?
PE Ratio	40.5x
Earnings	US$10.09m
Market Cap	US$408.71m

NETD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does NETD's PE Ratio compare to its peers?

The above table shows the PE ratio for NETD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	22.6x
PV Primavera Capital Acquisition	22.8x	n/a	US$410.1m
FRMO FRMO	5.5x	n/a	US$418.1m
CCVI Churchill Capital Corp VI	41x	n/a	US$433.1m
SIER Sierra Lake Acquisition	21.1x	n/a	US$379.5m
NETD Nabors Energy Transition II	40.5x	n/a	US$408.7m

Price-To-Earnings vs Peers: NETD is expensive based on its Price-To-Earnings Ratio (40.5x) compared to the peer average (23.3x).

Price to Earnings Ratio vs Industry

How does NETD's PE Ratio compare vs other companies in the US Capital Markets Industry?

22 Companies	Price / Earnings	Estimated Growth	Market Cap
ADX Adams Diversified Equity Fund	4x	n/a	US$2.52b
CET Central Securities	4.5x	n/a	US$1.32b
GAM General American Investors Company	4.1x	n/a	US$1.16b
MUDS Mudrick Capital Acquisition Corporation II	3.4x	n/a	US$401.64m

22 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: NETD is expensive based on its Price-To-Earnings Ratio (40.5x) compared to the US Capital Markets industry average (23.6x).

Price to Earnings Ratio vs Fair Ratio

What is NETD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NETD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	40.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NETD's Price-To-Earnings 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?

Analyst Forecast: Insufficient data to show price forecast.

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