How does AKTA.F's PE Ratio compare to its peers?

AKTA.F is expensive based on its Price-To-Earnings Ratio (32x) compared to the peer average (3.7x).

How does AKTA.F's PE Ratio compare vs other companies in the US Energy Services Industry?

AKTA.F is expensive based on its Price-To-Earnings Ratio (32x) compared to the US Energy Services industry average (16.1x).

What is AKTA.F'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.

Insufficient data to calculate AKTA.F's Price-To-Earnings Fair Ratio for valuation analysis.

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

AKTA.F ($1.14) is trading below our estimate of [[fair value]] ($5.6)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

AKTA.F Stock Overview

Operates as an oil and gas drilling contractor in Canada and the United States. More details

AKTA.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	1/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 79.6% below our estimate of its fair value

Revenue is forecast to grow 9.43% per year

Risk Analysis

Does not have a meaningful market cap ($65M)

Large one-off items impacting financial results

Significant insider selling over the past 3 months

Profit margins (1.2%) are lower than last year (11.9%)

My Notes

Capture your thoughts, links and company narrative

AKITA Drilling Ltd. Competitors

Parker Drilling

OTCPK:PKDC

US$255.9m

MIND Technology

NasdaqCM:MIND

US$63.3m

Seadrill

NYSE:SDRL

US$2.5b

Valaris

NYSE:VAL

US$3.1b

Price History & Performance

Summary of share price highs, lows and changes for AKITA Drilling
Historical stock prices
Current Share Price	CA$1.14
52 Week High	CA$1.33
52 Week Low	CA$0.86
Beta	1.99
1 Month Change	-2.56%
3 Month Change	-4.20%
1 Year Change	10.68%
3 Year Change	38.18%
5 Year Change	39.67%
Change since IPO	-88.85%

Recent updates

Shareholder Returns

	AKTA.F	US Energy Services	US Market
7D	3.7%	3.4%	-2.8%
1Y	10.7%	-7.0%	24.1%

Return vs Industry: AKTA.F exceeded the US Energy Services industry which returned -8.4% over the past year.

Return vs Market: AKTA.F underperformed the US Market which returned 24.5% over the past year.

Price Volatility

Is AKTA.F's price volatile compared to industry and market?
AKTA.F volatility
AKTA.F Average Weekly Movement	4.1%
Energy Services Industry Average Movement	6.5%
Market Average Movement	6.3%
10% most volatile stocks in US Market	18.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: AKTA.F has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AKTA.F's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1964	1,068	Colin Dease	www.akita-drilling.com

AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas. The company was founded in 1964 and is headquartered in Calgary, Canada.

AKITA Drilling Ltd. Fundamentals Summary

How do AKITA Drilling's earnings and revenue compare to its market cap?
AKTA.F fundamental statistics
Market cap	US$45.18m
Earnings (TTM)	US$1.45m
Revenue (TTM)	US$123.45m

32.0x

P/E Ratio

0.4x

P/S Ratio

Is AKTA.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKTA.F income statement (TTM)
Revenue	CA$177.79m
Cost of Revenue	CA$137.27m
Gross Profit	CA$40.51m
Other Expenses	CA$38.43m
Earnings	CA$2.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.053
Gross Margin	22.79%
Net Profit Margin	1.18%
Debt/Equity Ratio	34.7%

How did AKTA.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 08:08
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

AKITA Drilling Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Tim Monachello	ATB Capital Markets
Michael Mazar	BMO Capital Markets Equity Research
null null	RBC Capital Markets