Parker Drilling Valuation
| PKDCDelisted Stock | USD 7.10 0.00 0.00% |
At this time, the company appears to be overvalued. Parker Drilling holds a recent Real Value of $5.8 per share. The prevailing price of the company is $7.1. Our model determines the value of Parker Drilling from analyzing the company fundamentals such as Return On Equity of -0.35, shares outstanding of 15.04 M, and Operating Margin of 0.07 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Parker Drilling's price fluctuation is very steady at this time. Calculation of the real value of Parker Drilling is based on 3 months time horizon. Increasing Parker Drilling's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Parker Drilling is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Parker Pink Sheet. However, Parker Drilling's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.1 | Real 5.8 | Hype 7.1 | Naive 7.36 |
The real value of Parker Pink Sheet, also known as its intrinsic value, is the underlying worth of Parker Drilling Company, which is reflected in its stock price. It is based on Parker Drilling's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Parker Drilling's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Parker Drilling helps investors to forecast how Parker pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Parker Drilling more accurately as focusing exclusively on Parker Drilling's fundamentals will not take into account other important factors: Parker Drilling Total Value Analysis
Parker Drilling is at this time forecasted to have valuation of 150.63 M with market capitalization of 106.82 M, debt of 177.94 M, and cash on hands of 104.95 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Parker Drilling fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
150.63 M | 106.82 M | 177.94 M | 104.95 M |
Parker Drilling Investor Information
The company has price-to-book ratio of 0.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Parker Drilling recorded a loss per share of 6.15. The entity last dividend was issued on the 15th of April 2020. The firm had 1:50 split on the 15th of April 2020. Parker Drilling is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January.Parker Drilling Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Parker Drilling has an asset utilization ratio of 92.23 percent. This indicates that the Company is making $0.92 for each dollar of assets. An increasing asset utilization means that Parker Drilling is more efficient with each dollar of assets it utilizes for everyday operations.Parker Drilling Ownership Allocation
Parker Drilling owns a total of 15.04 Million outstanding shares. Roughly 94.84 pct. of Parker Drilling outstanding shares are held by general public with 5.16 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.Parker Drilling Profitability Analysis
The company reported the previous year's revenue of 629.79 M. Net Loss for the year was (83.74 M) with profit before overhead, payroll, taxes, and interest of 154.75 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Parker Drilling's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Parker Drilling and how it compares across the competition.
About Parker Drilling Valuation
The pink sheet valuation mechanism determines Parker Drilling's current worth on a weekly basis. Our valuation model uses a comparative analysis of Parker Drilling. We calculate exposure to Parker Drilling's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Parker Drilling's related companies.Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. Parker Drilling Company was founded in 1934 and is headquartered in Houston, Texas. Parker Drilling operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2670 people.
8 Steps to conduct Parker Drilling's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Parker Drilling's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Parker Drilling's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Parker Drilling's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Parker Drilling's revenue streams: Identify Parker Drilling's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Parker Drilling's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Parker Drilling's growth potential: Evaluate Parker Drilling's management, business model, and growth potential.
- Determine Parker Drilling's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Parker Drilling's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Parker Drilling Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 9.3 M | |
| Retained Earnings | 6.5 M | |
| Retained Earnings Total Equity | 6.5 M |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Parker Pink Sheet
If you are still planning to invest in Parker Drilling check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Parker Drilling's history and understand the potential risks before investing.
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