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Drilling Company of 1972

DB:72D
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
72D
DB
DKK6B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

The Drilling Company of 1972 A/S provides offshore drilling rig services to oil and gas companies worldwide. The last earnings update was 61 days ago. More info.


Add to Portfolio Compare Print
  • Drilling Company of 1972 has significant price volatility in the past 3 months.
72D Share Price and Events
7 Day Returns
27.1%
DB:72D
8.3%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-73.9%
DB:72D
-57%
Europe Energy Services
-20.9%
DE Market
72D Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Drilling Company of 1972 (72D) 27.1% -46.5% -67.9% -73.9% - -
Europe Energy Services 8.3% -32.3% -49.8% -57% -65.5% -87.5%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 72D underperformed the Energy Services industry which returned -57% over the past year.
  • 72D underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Drilling Company of 1972's competitors could be found in our database.

72D Value

 Is Drilling Company of 1972 undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Drilling Company of 1972 to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Drilling Company of 1972.

DB:72D Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:72D
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.911 (1 + (1- 22%) (152.97%))
1.669
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.67
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.669 * 5.44%)
8.69%

Discounted Cash Flow Calculation for DB:72D using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Drilling Company of 1972 is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:72D DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.69%)
2020 199.97 Analyst x7 183.98
2021 344.60 Analyst x5 291.70
2022 385.67 Analyst x3 300.36
2023 98.90 Analyst x1 70.87
2024 204.90 Analyst x1 135.08
2025 165.52 Est @ -19.22% 100.40
2026 143.06 Est @ -13.57% 79.83
2027 129.30 Est @ -9.62% 66.39
2028 120.45 Est @ -6.85% 56.90
2029 114.53 Est @ -4.91% 49.78
Present value of next 10 years cash flows $1,335.00
DB:72D DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $114.53 × (1 + -0.39%) ÷ (8.69% – -0.39%)
$1,256.46
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,256.46 ÷ (1 + 8.69%)10
$546.08
DB:72D Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,335.00 + $546.08
$1,881.08
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,881.08 / 41.53
$45.29
DB:72D Discount to Share Price
Calculation Result
Exchange Rate USD/DKK
(Reporting currency to currency of CPSE:DRLCO)
6.917
Value per Share
(DKK)
= Value per Share in USD x Exchange Rate (USD/DKK)
= $45.29 x 6.917
DKK313.28
Non-primary Listing Adjustment Factor 1 share in DB:72D represents 0.12863x of CPSE:DRLCO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.12863x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (DKK) x Listing Adjustment Factor
= DKK 313.28 x 0.12863
€40.30
Value per share (EUR) From above. €40.30
Current discount Discount to share price of €20.04
= -1 x (€20.04 - €40.30) / €40.30
50.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Drilling Company of 1972 is available for.
Intrinsic value
>50%
Share price is €20.04 vs Future cash flow value of €40.3
Current Discount Checks
For Drilling Company of 1972 to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Drilling Company of 1972's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Drilling Company of 1972's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Drilling Company of 1972's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Drilling Company of 1972's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:72D PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-2.72
CPSE:DRLCO Share Price ** CPSE (2020-04-03) in DKK DKK155.8
CPSE:DRLCO Share Price converted to USD reporting currency Exchange rate (DKK/ USD) 0.145 $22.52
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Drilling Company of 1972.

DB:72D PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CPSE:DRLCO Share Price ÷ EPS (both in USD)

= 22.52 ÷ -2.72

-8.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Drilling Company of 1972 is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Drilling Company of 1972 is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Drilling Company of 1972's expected growth come at a high price?
Raw Data
DB:72D PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
74.4%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Drilling Company of 1972, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Drilling Company of 1972's assets?
Raw Data
DB:72D PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $88.61
CPSE:DRLCO Share Price * CPSE (2020-04-03) in DKK DKK155.8
CPSE:DRLCO Share Price converted to USD reporting currency Exchange rate (DKK/ USD) 0.145 $22.52
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:72D PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CPSE:DRLCO Share Price ÷ Book Value per Share (both in USD)

= 22.52 ÷ 88.61

0.25x

* Primary Listing of Drilling Company of 1972.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Drilling Company of 1972 is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Drilling Company of 1972's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Drilling Company of 1972 has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

72D Future Performance

 How is Drilling Company of 1972 expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
74.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Drilling Company of 1972 expected to grow at an attractive rate?
  • Drilling Company of 1972's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Drilling Company of 1972's earnings growth is expected to exceed the Germany market average.
  • Drilling Company of 1972's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:72D Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:72D Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 74.4%
DB:72D Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 3.6%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:72D Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:72D Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 1,447 442 82 2
2023-12-31 1,348 338 -35 2
2022-12-31 1,383 482 56 9
2021-12-31 1,346 444 21 11
2020-12-31 1,251 385 -68 10
2020-04-06
DB:72D Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,222 420 -113
2019-09-30 1,266 468 351
2019-06-30 1,310 516 814
2019-03-31 1,370 555 878
2018-12-31 1,429 593 941
2017-12-31 1,439 652 -1,522

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Drilling Company of 1972's earnings are expected to grow significantly at over 20% yearly.
  • Drilling Company of 1972's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:72D Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Drilling Company of 1972 Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:72D Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 1.98 1.98 1.98 1.00
2023-12-31 -0.83 -0.83 -0.83 1.00
2022-12-31 1.23 10.56 -3.90 9.00
2021-12-31 0.43 5.51 -4.29 9.00
2020-12-31 -1.80 -0.72 -2.71 7.00
2020-04-06
DB:72D Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -2.72
2019-09-30 8.29
2019-06-30 399.32
2019-03-31 691.36
2018-12-31 22.66
2017-12-31 -3,044.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Drilling Company of 1972 is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Drilling Company of 1972's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Drilling Company of 1972 has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

72D Past Performance

  How has Drilling Company of 1972 performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Drilling Company of 1972's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Drilling Company of 1972 does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Drilling Company of 1972's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Drilling Company of 1972's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Drilling Company of 1972's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Drilling Company of 1972 Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:72D Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,222.00 -113.00
2019-09-30 1,266.00 350.50
2019-06-30 1,310.00 814.00
2019-03-31 1,369.50 877.50
2018-12-31 1,429.00 941.00
2017-12-31 1,439.00 -1,522.00
2016-12-31 2,297.00 -790.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Drilling Company of 1972 has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Drilling Company of 1972 has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Drilling Company of 1972 improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Drilling Company of 1972's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Drilling Company of 1972 has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

72D Health

 How is Drilling Company of 1972's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Drilling Company of 1972's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Drilling Company of 1972 is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Drilling Company of 1972's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Drilling Company of 1972's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Drilling Company of 1972 Company Filings, last reported 3 months ago.

DB:72D Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3,680.00 1,400.00 311.00
2019-09-30 3,680.00 1,400.00 311.00
2019-06-30 3,775.00 1,441.00 354.00
2019-03-31 3,775.00 1,441.00 354.00
2018-12-31 3,814.00 1,470.00 373.00
2017-12-31 6,209.00 1,632.00 50.00
2016-12-31 8,757.00 1,953.00 479.00
  • Drilling Company of 1972's level of debt (38%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Drilling Company of 1972's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (30%, greater than 20% of total debt).
  • Drilling Company of 1972 is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Drilling Company of 1972's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Drilling Company of 1972 has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

72D Dividends

 What is Drilling Company of 1972's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Drilling Company of 1972 dividends. Estimated to be 0.31% next year.
If you bought €2,000 of Drilling Company of 1972 shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Drilling Company of 1972's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Drilling Company of 1972's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:72D Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:72D Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.00 2.00
2021-12-31 0.19 4.00
2020-12-31 0.00 5.00
2020-04-06

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Drilling Company of 1972 has not reported any payouts.
  • Unable to verify if Drilling Company of 1972's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Drilling Company of 1972's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Drilling Company of 1972 has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Drilling Company of 1972's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Drilling Company of 1972's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Drilling Company of 1972 afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Drilling Company of 1972 has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

72D Management

 What is the CEO of Drilling Company of 1972's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Drilling Company of 1972 has no CEO, or we have no data on them.
Management Team

Jesper Olsen

TITLE
Chief Financial Officer
Board of Directors
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Drilling Company of 1972's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Drilling Company of 1972 has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

72D News

Simply Wall St News

72D Company Info

Description

The Drilling Company of 1972 A/S provides offshore drilling rig services to oil and gas companies worldwide. The company operates through North Sea Jack-Up Rigs and International Floaters segment. It owns and operates a fleet of 22 offshore drilling rigs, including 14 jack-up rigs, 4 semi-submersible rigs, and 4 drillships. The company also provides a range of services and applications, such as formation evaluation, well construction, completion and stimulation, and artificial lift. The Drilling Company of 1972 A/S was founded in 1962 is headquartered in Kongens Lyngby, Denmark.

Details
Name: The Drilling Company of 1972 A/S
72D
Exchange: DB
Founded: 1962
DKK867,121,115
41,532,112
Website: http://www.maerskdrilling.com
Address: The Drilling Company of 1972 A/S
Lyngby Hovedgade 85,
Kongens Lyngby,
Capital Region of Denmark, 2800,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE DRLCO Share Capital OMX Nordic Exchange Copenhagen DK DKK 04. Apr 2019
OTCPK DDRL.F Share Capital Pink Sheets LLC US USD 04. Apr 2019
DB 72D Share Capital Deutsche Boerse AG DE EUR 04. Apr 2019
LSE 0A1R Share Capital London Stock Exchange GB DKK 04. Apr 2019
BMV DRLCO N Share Capital Bolsa Mexicana de Valores MX MXN 04. Apr 2019
BATS-CHIXE DRLCOC Share Capital BATS 'Chi-X Europe' GB DKK 04. Apr 2019
Number of employees
Current staff
Staff numbers
2,850
Drilling Company of 1972 employees.
Industry
Oil and Gas Drilling
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 02:23
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/25
Last earnings filing: 2020/02/05
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.