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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 2.0x - 2.2x | 2.1x |
Historical Pb Multiple | 1.0x - 3.2x | 1.2x |
Fair Value | lei 0.30 - lei 0.33 | lei 0.31 |
Upside | -24.0% - -16.0% | -20.0% |
Benchmarks | - | Full Ticker |
S.C. Foraj Sonde S.A. | - | BVB:FOJE |
Rompetrol Well Services SA | - | BVB:PTR |
S.C.Prospectiuni S.A. | - | BVB:PRSN |
SC Comrep SA | - | BVB:COTN |
S.C. Upet S.A. | - | BVB:UPET |
SC Foraj Sonde SA Craiova | - | BVB:FOSB |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
FOJE | PTR | PRSN | COTN | UPET | FOSB | |||
BVB:FOJE | BVB:PTR | BVB:PRSN | BVB:COTN | BVB:UPET | BVB:FOSB | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 10.3% | -3.4% | NM- | -31.3% | NM- | 1.9% | ||
3Y CAGR | NM- | 84.5% | NM- | NM- | -0.1% | NM- | ||
Latest Twelve Months | -7.9% | -17.4% | -129.8% | -80.3% | -46.4% | 407.5% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 6.2% | 9.0% | -0.3% | -3.6% | -19.7% | 1.1% | ||
Prior Fiscal Year | 13.7% | 16.2% | 12.5% | 0.2% | 18.3% | -1.9% | ||
Latest Fiscal Year | 10.6% | 13.7% | -0.1% | 0.0% | 10.1% | 3.1% | ||
Latest Twelve Months | 10.6% | 11.1% | -6.7% | 0.0% | 10.1% | 3.1% | ||
Return on Equity | ||||||||
5 Year Average Margin | 16.5% | 5.5% | 4.2% | -7.5% | -7.4% | 1.7% | ||
Prior Fiscal Year | 30.1% | 11.7% | 24.1% | 0.4% | 2.7% | -1.3% | ||
Latest Twelve Months | 24.4% | 8.0% | -6.5% | 0.1% | 1.4% | 4.2% | ||
Next Fiscal Year | 32.0% | 8.4% | -0.3% | 0.1% | 1.2% | 18.8% | ||
Two Fiscal Years Forward | 29.3% | 8.7% | -0.3% | 0.1% | 1.2% | 35.0% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 1.1x | 2.3x | 0.6x | 0.1x | 3.2x | 1.9x | ||
Price / LTM EPS | 10.8x | 21.2x | -9.4x | 430.8x | 31.4x | 62.1x | ||
Price / Book | 2.5x | 1.6x | 0.6x | 0.4x | 0.4x | 2.6x | ||
Price / Fwd Book | 1.9x | 1.5x | 0.6x | 0.3x | 0.4x | 2.3x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.4x | 0.6x | 2.5x | |||||
Historical P/B Ratio | 1.0x | 1.2x | 3.2x | |||||
Selected P/B Multiple | 2.0x | 2.1x | 2.2x | |||||
(x) Book Value | 98 | 98 | 98 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | FOJE | PTR | PRSN | COTN | UPET | FOSB | |
Value of Common Equity | 185 | 165 | 93 | 4 | 32 | 255 | |
(/) Shares Outstanding | 11.3 | 278.2 | 718.0 | 0.7 | 11.9 | 654.7 | |
Implied Stock Price | 16.30 | 0.59 | 0.13 | 5.00 | 2.68 | 0.39 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 16.30 | 0.59 | 0.13 | 5.00 | 2.68 | 0.39 | |
Trading Currency | RON | RON | RON | RON | RON | RON | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |