Arabian Drilling Co. (2381) — Financial Analysis & Intrinsic Value · TASIV

Arabian Drilling Co. intrinsic value and dividend analysis using DCF, P/B, PEG and PSG models. Includes dividend yield, payout ratio, and dividend sustainability assessment. Sector: Energy. Listed on Saudi Exchange Tadawul.

Company Overview

Arabian Drilling Company provides onshore and offshore drilling services for oil and gas exploration and production in Saudi Arabia, including well intervention, testing, and rig mobilization services. Founded in 1964, it is based in Al Khobar.

Valuation Model

TASIV estimates this company's intrinsic value using a DCF (Discounted Cash Flow) model. As of TASIV's most recent data refresh, the estimated intrinsic value is SAR 76.68 compared to a market price of SAR 96.40 (Trading above DCF model value). This is an analytical estimate, not investment advice.

Financial Performance

Revenue was essentially unchanged over the three-year period, down by about 1%. Net income, by contrast, declined steadily each year and turned into a net loss by the third year. Operating cash flow also declined, down about 19% overall, a smaller decline than net income's shift into a loss but still notable, after rising in the second year. Overall, revenue stayed stable while both profitability and cash generation declined markedly, with profitability declining the most.

Dividends

Dividend per share fluctuated over the 3-year recorded period, ranging between SAR 1.35 and SAR 3.88, and ended at SAR 1.35 versus SAR 2.53 at the start. Payments have been made on an Annual basis throughout this period. Overall, the company's per-share dividend has varied year to year without a consistent direction.

Business Fundamentals

TASIV's Competitive Advantage assessment for this company is Moderate (38/100), based on profitability, predictability, financial strength, and growth resilience.

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Frequently Asked Questions

What is the estimated intrinsic value of Arabian Drilling Co. (2381) according to TASIV's model?

Based on TASIV's DCF (Discounted Cash Flow) model, the estimated intrinsic value of Arabian Drilling Co. is approximately SAR 76.68, compared to a current market price of SAR 96.40. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.

How does Arabian Drilling Co.'s current market price compare to TASIV's model value?

According to TASIV's model, Arabian Drilling Co. is currently "Trading above DCF model value".

What is the dividend yield for Arabian Drilling Co. (2381)?

Arabian Drilling Co.'s dividend yield is approximately 1.40%, based on TASIV's most recent verified data.

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