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Valaris Ltd (VAL) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $0.07 Metrics
OS: 74.0 M
Market cap: $5.25 M
Net cash: $219 M $2.96 per share
EV:

 
TTM Valuation
EBITDA $41.7 M -5.1 x EV/EBITDA
EBIT
EPS

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
Revenues9.21,427.22,053.21,705.41,843.02,776.44,063.44,416.1
            Revenue growth -30.5%20.4%-7.5%-33.6%-31.7%-8.0%5.6%
Cost of goods sold206.6436.4902.6621.91,189.51,301.02,442.12,614.8
Gross profit-197.4990.81,150.61,083.5653.51,475.41,621.31,801.3
            Gross margin-2145.7%69.4%56.0%63.5%35.5%53.1%39.9%40.8%
Selling, general and administrative        
General and administrative80.9214.6188.9102.7157.8100.8118.4131.9
EBIT96.2-696.1-564.0-195.650.9929.31,502.91,817.8
            EBIT margin1045.7%-48.8%-27.5%-11.5%2.8%33.5%37.0%41.2%
Pre-tax income224.9-5,117.0-63.8-538.9-196.0997.5-1,471.2-2,548.8
Income taxes43.1-259.4128.489.6109.2108.5-13.9140.5
            Tax rate19.2%5.1%   10.9%0.9% 
Earnings from continuing ops176.5-4,855.5-198.0-631.6-609.9882.1-1,468.2-2,711.3
Earnings from discontinued ops   -8.11.08.1-128.6-1,199.2
Net income176.5-4,855.5-198.0-639.7-608.9890.2-1,596.8-3,910.5
            Net margin1918.5%-340.2%-9.6%-37.5%-33.0%32.1%-39.3%-88.6%
 
Diluted EPS$2.33($24.41)($1.14)($5.82)($7.34)$3.16($6.32)($11.71)
Shares outstanding (diluted)75.6198.9173.4108.583.1279.1232.2231.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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