OTCPK:SDSD.F

Stock Analysis Report

S.D. Standard Drilling

Executive Summary

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


Snowflake Analysis

Very undervalued with flawless balance sheet.

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.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

n/a

SDSD.F

-15.3%

US Energy Services

-7.6%

US Market


1 Year Return

n/a

SDSD.F

-40.4%

US Energy Services

10.2%

US Market

Return vs Industry: Insufficient data to determine how SDSD.F performed against the US Energy Services industry.

Return vs Market: Insufficient data to determine how SDSD.F performed against the US Market.


Shareholder returns

SDSD.FIndustryMarket
7 Dayn/a-15.3%-7.6%
30 Dayn/a-15.9%-4.5%
90 Dayn/a-18.8%-0.6%
1 Yearn/a-38.5%-40.4%12.5%10.2%
3 Year0%0%-61.8%-66.8%37.1%28.3%
5 Yearn/a-63.6%-69.5%60.8%43.2%

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

No news available

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.F ($0.15) is trading below our estimate of fair value ($0.93)

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


Price To Earnings Ratio

PE vs Industry: SDSD.F is good value based on its PE Ratio (8.2x) compared to the Energy Services industry average (15.8x).

PE vs Market: SDSD.F is good value based on its PE Ratio (8.2x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: SDSD.F is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: SDSD.F is good value based on its PB Ratio (0.6x) compared to the US Energy Services industry average (0.7x).


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?

36.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SDSD.F's forecast earnings growth (36.6% per year) is above the savings rate (2.7%).

Earnings vs Market: SDSD.F's earnings (36.6% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SDSD.F's revenue (38.1% per year) is forecast to grow faster than the US market (7.5% per year).

High Growth Revenue: SDSD.F's revenue (38.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SDSD.F's Return on Equity is forecast to be low in 3 years time (14.7%).


Next Steps

Past Performance

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

57.7%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: SDSD.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SDSD.F has become profitable over the past 5 years, growing earnings by 57.7% per year.

Accelerating Growth: SDSD.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SDSD.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-23.5%).


Return on Equity

High ROE: SDSD.F's Return on Equity (7.5%) is considered low.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: SDSD.F's short term assets ($6.6M) exceed its short term liabilities ($9.0K).

Long Term Liabilities: SDSD.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SDSD.F is debt free.

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

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

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


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if SDSD.F'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

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

High Dividend: Unable to evaluate SDSD.F'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.F's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average board tenure


CEO

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


Board Members

NamePositionTenureCompensationOwnership
Martin Nes
Chairman6.3yrsUS$38.00k0.61% $445.1k
George Crystallis
Non-Executive Independent Director8.9yrsUS$2.00kno data
Konstantinos Pantelidis
Non-Executive Director1.4yrsUS$15.00kno data

6.3yrs

Average Tenure

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


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

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.F
  • Exchange: OTCPK
  • Founded: 2010
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: kr668.191m
  • Listing Market Cap: kr72.965m
  • 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
SDSD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 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 headquartered in Limassol, Cyprus. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/09 00:26
End of Day Share Price2019/11/04 00:00
Earnings2019/06/30
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.