Of note is the ratio of Oil States International Inc's sales and general administrative expense to its total operating expenses; merely 6.55% of US stocks have a lower such ratio.
Over the past twelve months, OIS has reported earnings growth of 1,049.99%, putting it ahead of 98.67% of US stocks in our set.
Oil States International Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 20.38%, greater than the shareholder yield of 90.59% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Oil States International Inc are EEX, KRP, NHLD, CNNE, and CVEO.
Oil States International is a manufacturer of products for deepwater production facilities and certain drilling equipment, as well as a provider of completion services and land drilling services to the oil and gas industry. The company was founded in 1995 and is based in Houston, Texas.
OIS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for OIS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Oil States International Inc ranked in the 45th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 24.5%. The most interesting components of our discounted cash flow analysis for Oil States International Inc ended up being:
The company's compound free cash flow growth rate over the past 5.51 years comes in at -0.13%; that's greater than merely 11.65% of US stocks we're applying DCF forecasting to.
Oil States International Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -43.22. This coverage rate is greater than that of just 3.01% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 13. This value is greater than 64.27% stocks in the Energy sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Oil States International Inc? See TCP, HAL, NSFDF, HLX, and NS.
Source: Tudor Pickering I have been a perennial bear on the U.S. economy. I assumed the economy would falter once Fed stimulus ended. That would hurt cyclical names like Oil States International (OIS). OPEC supply cuts have helped buoy oil markets. The FDA recently cleared Pfizer's (PFE) COVID-9 vaccine, and...
Shock Exchange on Seeking Alpha | December 28, 2020
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […]
HOUSTON, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Oil States International, Inc. (NYSE: OIS) reported a net loss of $20.0 million, or $0.33 per share, for the third quarter of 2020, on revenues of $134.8 million. Consolidated EBITDA (Note A) was $0.1 million. The reported third quarter 2020 net loss included the following more significant charges and gains: * Non-cash write-down of inventory totaling $5.9 million ($4.7 million after-tax, or $0.08 per share) * Non-cash gains on extinguishment of convertible senior notes of $5.9 million ($4.7 million after-tax, or $0.08 per share)Third quarter 2020 highlights and corporate actions included: * Generated $87.0 million in cash flow from operations * Reduced net debt (defined as total debt less cash) by $91.9 million, including the repayment o...