Added to YB: 2025-02-03
Pitch date: 2025-02-01
VAL [bullish]
Valaris Limited
+13.47%
current return
Author Info
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Company Info
Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, U.
Market Cap
$3.9B
Pitch Price
$47.51
Price Target
431.50 (+697%)
Dividend
N/A
EV/EBITDA
5.66
P/E
9.97
EV/Sales
1.82
Sector
Energy Equipment and Services
Category
value
Valaris (VAL) - Multibagger Upside at 16 Cents on a Dollar
VAL: World's largest offshore driller (53 vessels) trading at 16¢/$ of replacement value. Strong tailwinds: offshore breakeven ~$40/bbl vs shale $60/bbl, 40-80% higher IRRs. Day rates doubled since 2022, could reach $900k for drillships. 5-9x upside potential based on NAV. High FCF growth expected (3% to 27% margin by 2028).
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