Valaris Limited (VAL)
Valaris Statistics
Share Statistics
Valaris has 71.03M shares outstanding. The number of shares has increased by -1.9% in one year.
| Shares Outstanding | 71.03M |
| Shares Change (YoY) | -1.9% |
| Shares Change (QoQ) | -0.12% |
| Owned by Institutions (%) | 91.16% |
| Shares Floating | 62.9M |
| Failed to Deliver (FTD) Shares | 32.02K |
| FTD / Avg. Volume | 1.52% |
Short Selling Information
The latest short interest is 11.39M, so 16.04% of the outstanding shares have been sold short.
| Short Interest | 11.39M |
| Short % of Shares Out | 16.04% |
| Short % of Float | 18.11% |
| Short Ratio (days to cover) | 3.99 |
Valuation Ratios
The PE ratio is 8.54 and the forward PE ratio is 5.27. Valaris's PEG ratio is -0.15.
| PE Ratio | 8.54 |
| Forward PE | 5.27 |
| PS Ratio | 1.35 |
| Forward PS | 0.8 |
| PB Ratio | 1.42 |
| P/FCF Ratio | -31.99 |
| PEG Ratio | -0.15 |
Enterprise Valuation
Valaris has an Enterprise Value (EV) of 3.9B.
| EV / Sales | 1.65 |
| EV / EBITDA | 6.77 |
| EV / EBIT | 10.99 |
| EV / FCF | -39.16 |
Financial Position
The company has a current ratio of 1.59, with a Debt / Equity ratio of 0.48.
| Current Ratio | 1.59 |
| Quick Ratio | 1.59 |
| Debt / Equity | 0.48 |
| Debt / EBITDA | 1.88 |
| Debt / FCF | -10.86 |
| Interest Coverage | 4.15 |
Financial Efficiency
Return on Equity is 16.68% and Return on Invested Capital is 9.41%.
| Return on Equity | 16.68% |
| Return on Assets | 8.45% |
| Return on Invested Capital | 9.41% |
| Revenue Per Employee | $572.06K |
| Profits Per Employee | $90.41K |
| Employee Count | 4,130 |
| Asset Turnover | 0.53 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 400K |
| Effective Tax Rate | 0.11% |
Stock Price Statistics
The stock price has increased by -56.21% in the last 52 weeks. The beta is 1.07, so Valaris's price volatility has been higher than the market average.
| Beta | 1.07 |
| 52-Week Price Change | -56.21% |
| 50-Day Moving Average | 39.1 |
| 200-Day Moving Average | 51.62 |
| Relative Strength Index (RSI) | 38.64 |
| Average Volume (20 Days) | 2.11M |
Income Statement
In the last 12 months, Valaris had revenue of 2.36B and earned 373.4M in profits. Earnings per share was 5.18.
| Revenue | 2.36B |
| Gross Profit | 2.36B |
| Operating Income | 352.3M |
| Net Income | 373.4M |
| EBITDA | 577.1M |
| EBIT | 455M |
| Earnings Per Share (EPS) | 5.18 |
Balance Sheet
The company has 368.2M in cash and 1.08B in debt, giving a net cash position of -714.5M.
| Cash & Cash Equivalents | 368.2M |
| Total Debt | 1.08B |
| Net Cash | -714.5M |
| Retained Earnings | 1.4B |
| Total Assets | 4.42B |
| Working Capital | 399.2M |
Cash Flow
In the last 12 months, operating cash flow was 355.4M and capital expenditures -455.1M, giving a free cash flow of -99.7M.
| Operating Cash Flow | 355.4M |
| Capital Expenditures | -455.1M |
| Free Cash Flow | -99.7M |
| FCF Per Share | -1.38 |
Margins
Gross margin is 100%, with operating and profit margins of 14.91% and 15.8%.
| Gross Margin | 100% |
| Operating Margin | 14.91% |
| Pretax Margin | 15.67% |
| Profit Margin | 15.8% |
| EBITDA Margin | 24.43% |
| EBIT Margin | 14.91% |
| FCF Margin | -4.22% |
Dividends & Yields
VAL pays an annual dividend of $0.16, which amounts to a dividend yield of 0.68%.
| Dividend Per Share | $0.16 |
| Dividend Yield | 0.68% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 3.12% |
| Earnings Yield | 11.71% |
| FCF Yield | -3.13% |
Analyst Forecast
The average price target for VAL is $37.5, which is 23.6% higher than the current price. The consensus rating is "Hold".
| Price Target | $37.5 |
| Price Target Difference | 23.6% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
Stock Splits
The last stock split was on Apr 11, 2019. It was a backward split with a ratio of 1:4.
| Last Split Date | Apr 11, 2019 |
| Split Type | backward |
| Split Ratio | 1:4 |
Scores
| Altman Z-Score | 1.6 |
| Piotroski F-Score | 6 |