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S.D. Standard Drilling

OB:SDSD
Snowflake Description

Very undervalued with flawless balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SDSD
OB
NOK625M
Market Cap
  1. Home
  2. NO
  3. Energy
Company description

S.D. Standard Drilling Plc operates in oil and gas sector. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
SDSD Share Price and Events
7 Day Returns
-2.7%
OB:SDSD
-0.3%
NO Energy Services
1.6%
NO Market
1 Year Returns
-26.7%
OB:SDSD
-32.6%
NO Energy Services
-8.3%
NO Market
SDSD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
S.D. Standard Drilling (SDSD) -2.7% 5.9% -12.1% -26.7% -63.8% -71.1%
NO Energy Services -0.3% 14.9% -3.1% -32.6% 12.6% -56.2%
NO Market 1.6% 7.6% 2.7% -8.3% 31.1% 16.1%
1 Year Return vs Industry and Market
  • SDSD outperformed the Energy Services industry which returned -32.6% over the past year.
  • SDSD underperformed the Market in Norway which returned -8.3% over the past year.
Price Volatility
SDSD
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for S.D. Standard Drilling's competitors could be found in our database.

Value

 Is S.D. Standard Drilling 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 S.D. Standard Drilling 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 S.D. Standard Drilling.

OB:SDSD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year NO Government Bond Rate 1.8%

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 OB:SDSD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NO Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 6%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.083 (1 + (1- 12.5%) (0%))
1.056
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.76% + (1.056 * 5.96%)
8.05%

Discounted Cash Flow Calculation for OB:SDSD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for S.D. Standard Drilling 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.

OB:SDSD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.05%)
2020 19.00 Analyst x1 17.58
2021 23.00 Analyst x1 19.70
2022 25.94 Est @ 12.8% 20.57
2023 28.41 Est @ 9.49% 20.84
2024 30.44 Est @ 7.17% 20.67
2025 32.13 Est @ 5.55% 20.19
2026 33.55 Est @ 4.41% 19.51
2027 34.76 Est @ 3.62% 18.71
2028 35.83 Est @ 3.06% 17.85
2029 36.78 Est @ 2.67% 16.96
Present value of next 10 years cash flows $192.00
OB:SDSD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $36.78 × (1 + 1.76%) ÷ (8.05% – 1.76%)
$594.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $594.95 ÷ (1 + 8.05%)10
$274.27
OB:SDSD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $192.00 + $274.27
$466.27
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $466.27 / 576.03
$0.81
OB:SDSD Discount to Share Price
Calculation Result
Exchange Rate USD/NOK
(Reporting currency to currency of OB:SDSD)
8.977
Value per Share
(NOK)
= Value per Share in USD x Exchange Rate (USD/NOK)
= $0.81 x 8.977
NOK7.27
Value per share (NOK) From above. NOK7.27
Current discount Discount to share price of NOK1.09
= -1 x (NOK1.09 - NOK7.27) / NOK7.27
85.1%

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

Current Discount
Amount off the current price S.D. Standard Drilling is available for.
Intrinsic value
>50%
Share price is NOK1.09 vs Future cash flow value of NOK7.27
Current Discount Checks
For S.D. Standard Drilling to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • S.D. Standard Drilling's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • S.D. Standard Drilling'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 S.D. Standard Drilling's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are S.D. Standard Drilling's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:SDSD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $0.02
OB:SDSD Share Price ** OB (2019-09-19) in NOK NOK1.09
OB:SDSD Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.111 $0.12
Norway Energy Services Industry PE Ratio Median Figure of 14 Publicly-Listed Energy Services Companies 18.05x
Norway Market PE Ratio Median Figure of 149 Publicly-Listed Companies 13.35x

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

** Primary Listing of S.D. Standard Drilling.

OB:SDSD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:SDSD Share Price ÷ EPS (both in USD)

= 0.12 ÷ 0.02

7.85x

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

  • S.D. Standard Drilling is good value based on earnings compared to the NO Energy Services industry average.
  • S.D. Standard Drilling is good value based on earnings compared to the Norway market.
Price based on expected Growth
Does S.D. Standard Drilling's expected growth come at a high price?
Raw Data
OB:SDSD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
36.6%per year
Norway Energy Services Industry PEG Ratio Median Figure of 10 Publicly-Listed Energy Services Companies 0.68x
Norway Market PEG Ratio Median Figure of 110 Publicly-Listed Companies 0.77x

*Line of best fit is calculated by linear regression .

OB:SDSD PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.85x ÷ 36.6%

0.21x

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

  • S.D. Standard Drilling is good value based on expected growth next year.
Price based on value of assets
What value do investors place on S.D. Standard Drilling's assets?
Raw Data
OB:SDSD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.21
OB:SDSD Share Price * OB (2019-09-19) in NOK NOK1.09
OB:SDSD Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.111 $0.12
Norway Energy Services Industry PB Ratio Median Figure of 35 Publicly-Listed Energy Services Companies 0.64x
Norway Market PB Ratio Median Figure of 239 Publicly-Listed Companies 1.12x
OB:SDSD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:SDSD Share Price ÷ Book Value per Share (both in USD)

= 0.12 ÷ 0.21

0.59x

* Primary Listing of S.D. Standard Drilling.

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

  • S.D. Standard Drilling is good value based on assets compared to the NO Energy Services industry average.
X
Value checks
We assess S.D. Standard Drilling'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. S.D. Standard Drilling has a total score of 6/6, 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.

Future Performance

 How is S.D. Standard Drilling expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
36.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is S.D. Standard Drilling expected to grow at an attractive rate?
  • S.D. Standard Drilling's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • S.D. Standard Drilling's earnings growth is expected to exceed the Norway market average.
  • S.D. Standard Drilling's revenue growth is expected to exceed the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:SDSD Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:SDSD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 36.6%
OB:SDSD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 38.1%
Norway Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 39.4%
Norway Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 11.4%
Norway Market Earnings Growth Rate Market Cap Weighted Average 14.8%
Norway Market Revenue Growth Rate Market Cap Weighted Average 4.4%

*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
OB:SDSD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:SDSD Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 44 23 23 1
2020-12-31 40 19 19 1
2019-12-31 32 13 12 1
2019-09-19
OB:SDSD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 10 -12 9
2019-03-31 3 -4 2
2018-12-31 -1 -7 -1
2018-09-30 1 -30 1
2018-06-30 -5 -30 -5
2018-03-31 -4 -32 -3
2017-12-31 -2 -81 -1
2017-09-30 -6 -62 -5
2017-06-30 1 -62 1
2017-03-31 1 -58 2
2016-12-31 0 -6 0
2016-09-30 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • S.D. Standard Drilling's earnings are expected to grow significantly at over 20% yearly.
  • S.D. Standard Drilling's revenue is expected to grow significantly at over 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
OB:SDSD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from S.D. Standard Drilling Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:SDSD Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.04 0.04 0.04 1.00
2020-12-31 0.03 0.03 0.03 1.00
2019-12-31 0.02 0.02 0.02 1.00
2019-09-19
OB:SDSD Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 0.02
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 0.00
2017-09-30 -0.02
2017-06-30 0.00
2017-03-31 0.01
2016-12-31 0.00
2016-09-30 0.00

*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.
  • S.D. Standard Drilling is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess S.D. Standard Drilling'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 Norway market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Norway 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.
S.D. Standard Drilling has a total score of 5/6, 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.

Past Performance

  How has S.D. Standard Drilling 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 S.D. Standard Drilling'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.
  • S.D. Standard Drilling has delivered over 20% year on year earnings growth in the past 5 years.
  • S.D. Standard Drilling has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • S.D. Standard Drilling has become profitable in the last year making it difficult to compare the NO Energy Services industry average.
Earnings and Revenue History
S.D. Standard Drilling'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 S.D. Standard Drilling Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:SDSD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 9.98 8.87 0.56
2019-03-31 3.09 1.60 0.54
2018-12-31 -0.50 -1.24 0.59
2018-09-30 1.18 0.81 0.64
2018-06-30 -5.23 -4.71 0.65
2018-03-31 -3.83 -2.72 0.72
2017-12-31 -2.08 -1.17 0.72
2017-09-30 -5.95 -4.74 0.63
2017-06-30 0.56 0.94 0.60
2017-03-31 1.37 1.56 0.48
2016-12-31 0.24 -0.28 0.50
2016-09-30 0.04 -0.30 0.50
2016-06-30 0.03 -2.27 0.57
2016-03-31 0.01 -3.26 0.61
2015-12-31 -3.31 0.68
2015-09-30 -9.63 0.75
2015-06-30 -16.78 0.84
2015-03-31 -15.95 0.98
2014-12-31 -16.07 1.07
2014-09-30 -10.32 1.37
2014-06-30 -2.57 2.63
2014-03-31 27.30 4.00
2013-12-31 69.51 6.00
2013-09-30 92.68 8.40
2013-06-30 108.73 9.12
2013-03-31 77.28 9.36
2012-12-31 33.70 8.82
2012-09-30 44.25 7.45

*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.
  • S.D. Standard Drilling has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • S.D. Standard Drilling used its assets more efficiently than the NO Energy Services industry average last year based on Return on Assets.
  • S.D. Standard Drilling has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess S.D. Standard Drilling'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.
S.D. Standard Drilling has a total score of 3/6, 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.

Health

 How is S.D. Standard Drilling'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 S.D. Standard Drilling's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • S.D. Standard Drilling is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • S.D. Standard Drilling has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of S.D. Standard Drilling'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.
  • Low level of unsold assets.
  • S.D. Standard Drilling has no debt, it does not need to be covered by short term assets.
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 S.D. Standard Drilling Company Filings, last reported 2 months ago.

OB:SDSD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 118.83 0.00 6.59
2019-03-31 114.26 0.00 16.11
2018-12-31 111.28 0.00 16.38
2018-09-30 109.72 0.00 19.05
2018-06-30 109.96 0.00 19.13
2018-03-31 112.68 0.00 20.89
2017-12-31 100.49 0.00 12.23
2017-09-30 73.18 0.00 12.93
2017-06-30 78.95 0.00 12.89
2017-03-31 79.73 0.00 16.26
2016-12-31 9.10 0.00 3.83
2016-09-30 8.77 0.00 6.67
2016-06-30 9.15 0.00 9.19
2016-03-31 9.24 0.00 9.32
2015-12-31 9.38 0.00 9.41
2015-09-30 42.38 0.00 42.43
2015-06-30 53.61 0.00 53.64
2015-03-31 54.67 0.00 54.64
2014-12-31 54.88 0.00 54.81
2014-09-30 61.19 0.00 3.83
2014-06-30 70.39 0.00 70.29
2014-03-31 70.63 0.00 70.52
2013-12-31 70.95 0.00 70.74
2013-09-30 71.51 0.00 69.36
2013-06-30 72.96 0.00 73.69
2013-03-31 431.45 0.00 394.11
2012-12-31 389.55 0.00 321.37
2012-09-30 405.56 0.00 249.28
  • S.D. Standard Drilling has no debt.
  • S.D. Standard Drilling has not taken on any debt in the past 5 years.
  • S.D. Standard Drilling has no debt, it does not need to be covered by operating cash flow.
  • S.D. Standard Drilling has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess S.D. Standard Drilling'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. S.D. Standard Drilling has a total score of 6/6, 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.

Dividends

 What is S.D. Standard Drilling'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 S.D. Standard Drilling dividends.
If you bought NOK2,000 of S.D. Standard Drilling shares you are expected to receive NOK0 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 S.D. Standard Drilling's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate S.D. Standard Drilling'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
OB:SDSD 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 1 Analyst Estimates (S&P Global) See Below
Norway Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 4.2%
Norway Market Average Dividend Yield Market Cap Weighted Average of 115 Stocks 4.4%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.5%
Norway Bottom 25% Dividend Yield 25th Percentile 2.5%
Norway Top 25% Dividend Yield 75th Percentile 6.4%

Industry and Market average data is calculated daily.

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

OB:SDSD Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2019-09-19
OB:SDSD Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-02-27 0.000 0.000
2017-11-24 0.000 0.000
2017-08-30 0.000 0.000
2017-05-30 0.000 0.000
2017-04-07 0.000 0.000
2017-02-28 0.000 0.000
2016-04-19 0.483 140.225
2016-02-26 0.483 154.982
2015-11-26 0.105 49.455
2015-08-25 0.105 30.399
2015-05-15 0.000 0.000
2015-02-27 0.000 0.000
2014-11-28 0.000 0.000
2014-08-27 0.000 0.000
2014-04-29 0.780 112.233
2014-02-28 0.780 110.329
2013-11-12 0.780 111.344
2013-08-28 0.780 104.980
2013-04-30 1.560 195.512
2013-04-25 0.420 8.552
2013-02-28 0.420 8.730
2012-12-21 0.420 8.833

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

  • Unable to perform a dividend volatility check as S.D. Standard Drilling has not reported any payouts.
  • Unable to verify if S.D. Standard Drilling's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of S.D. Standard Drilling's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as S.D. Standard Drilling has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess S.D. Standard Drilling's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - 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 S.D. Standard Drilling afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. S.D. Standard Drilling 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.

Management

 What is the CEO of S.D. Standard Drilling'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.
  • S.D. Standard Drilling has no CEO, or we have no data on them.
Management Team

Christos Neocleous

TITLE
Chief Financial Officer
COMPENSATION
$56K
TENURE
2.2 yrs

Evangelia Panagide

TITLE
General Manager
COMPENSATION
$48K
TENURE
6 yrs

Eugene Loh

TITLE
Global Head of Human Resources

Tatiana Dolobko

TITLE
Controller
Board of Directors Tenure

Average tenure of the S.D. Standard Drilling board of directors in years:

6.1
Average Tenure
  • The tenure for the S.D. Standard Drilling board of directors is about average.
Board of Directors

Martin Nes

TITLE
Chairman
COMPENSATION
$38K
AGE
50
TENURE
6.1 yrs

George Crystallis

TITLE
Non-Executive Independent Director
COMPENSATION
$2K
AGE
63
TENURE
8.8 yrs

Konstantinos Pantelidis

TITLE
Non-Executive Director
COMPENSATION
$15K
TENURE
1.3 yrs
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 (NOK) Value (NOK)
18. Dec 18 Buy Espen Lundaas Individual 18. Dec 18 18. Dec 18 250,000 NOK1.03 NOK257,500
18. Dec 18 Buy Martin Nes Individual 18. Dec 18 18. Dec 18 250,000 NOK1.03 NOK257,500
X
Management checks
We assess S.D. Standard Drilling'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. S.D. Standard Drilling 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.

News

Simply Wall St News

Read This Before Judging SD Standard Drilling Plc's (OB:SDSD) ROE

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … By way of learning-by-doing, we'll look at ROE to gain a better understanding SD Standard Drilling Plc (OB:SDSD). … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is SD Standard Drilling Plc's (OB:SDSD) Balance Sheet A Threat To Its Future?

The direct benefit for SD Standard Drilling Plc (OB:SDSD), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is financial flexibility worth the lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

Why You Need To Look At This Factor Before Buying SD. Standard Drilling Plc (OB:SDSD)

Generally, an investor should consider two types of risk that impact the market value of SDSD. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … SDSD's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.

Simply Wall St -

Breaking Down SD. Standard Drilling Plc's (OB:SDSD) Ownership Structure

Standard Drilling Plc’s (OB:SDSD) recent ownership structure, an important but not-so-popular subject among individual investors. … OB:SDSD Insider_trading Mar 15th 18 General Public Ownership A substantial ownership of 26.45% in SDSD is held by the general public. … Thus, investors should dig deeper into SDSD's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: I suggest investors seek some degree of margin of safety due to high institutional ownership in SDSD, in particular due to the strong presence of active hedge fund investors.

Simply Wall St -

Company Info

Description

S.D. Standard Drilling Plc operates in oil and gas sector. It owns 100% interest in six large-size platform supply vessels (PSVs), as well as nine mid-size PSVs. The company was founded in 2010 and is headquartered in Limassol, Cyprus.

Details
Name: S.D. Standard Drilling Plc
SDSD
Exchange: OB
Founded: 2010
NOK624,988,670
576,026,424
Website: http://www.standard-drilling.com
Address: S.D. Standard Drilling Plc
Panayides Building,
2nd floor,
Limassol,
3030,
Cyprus
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB SDSD Ordinary Shares Oslo Bors NO NOK 21. Dec 2010
DB S1P Ordinary Shares Deutsche Boerse AG DE EUR 21. Dec 2010
LSE 0P3P Ordinary Shares London Stock Exchange GB NOK 21. Dec 2010
BATS-CHIXE SDSDO Ordinary Shares BATS 'Chi-X Europe' GB NOK 21. Dec 2010
Number of employees
Current staff
Staff numbers
1
S.D. Standard Drilling employees.
Industry
Oil and Gas Drilling
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/19 21:17
End of day share price update: 2019/09/19 00:00
Last estimates confirmation: 2019/08/27
Last earnings filing: 2019/08/27
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.