Valuation of Offshore Oil & Gas Drilling companies

NOTE : Stocks in this page are valued using the Discounted Cash Flow (DCF) technique. The 3 components of the valuation are : (A) Base FCF. (B) FCF Multiple. (C) Net book value for val. Total value (T) = (A x B) + C . Value per share = (T) / Shares oustanding (S). Please refer to the post Discounted cash flow basics to understand this valuation technique.

Company list   Transocean   Atwood Oceanics   Diamond Offshore   Ensco   Hercules Offshore   Noble corp   Rowan Companies Updated - 03/05/2015  RIG Valuation : $17.91 / share , Total value : $6.50 billions (Base FCF : $1.5 billions , multiple 7 , Net book value for val : -$4 billion) Shares oustanding :363 millions  LINKS SEC  Company Updated - 03/05/2015  ATW Valuation : $7.81 / share , Total value : $0.50 billions (Base FCF : $0.300 billions , multiple 7 , Net book value for val : -$1.6 billion) Shares oustanding :64 millions  LINKS SEC  Company Updated - 03/05/2015  DO Valuation : $2.54 / share , Total value : $0.35 billions (Base FCF : $0.45 billions , multiple 7 , Net book value for val : -$2.8 billion) Shares oustanding :138 millions  LINKS SEC  Company Updated - 03/05/2015  ESV Valuation : $20.43 / share , Total value : $4.80 billions (Base FCF : $1.4 billions , multiple 7 , Net book value for val : -$5 billion) Shares oustanding :4,600 millions  LINKS SEC  Company Updated - 03/05/2015  HERO Valuation : $0.31 / share , Total value : $0.05 billions (Base FCF : $0.15 billions , multiple 7 , Net book value for val : -$1 billion) Shares oustanding :162 millions  LINKS SEC  Company Updated - 03/05/2015  NE Valuation : $1.03 / share , Total value : $0.25 billions (Base FCF : $0.75 billions , multiple 7 , Net book value for val : $-5 billion) Shares oustanding :242 millions  LINKS SEC  Company Updated - 03/05/2015  RDC Valuation : $2.00 / share , Total value : $0.25 billions (Base FCF : $0.35 billions , multiple 7 , Net book value for val : -$2.2 billion) Shares oustanding :125 millions  LINKS SEC  Company