AKTAF:OTC-AKITA Drilling Ltd (USD)

COMMON STOCK | Oil & Gas Drilling | OTC

Last Closing Price

USD 0.47

Change

0.00 (0.00)%

Market Cap

USD 0.02B

Average Target Price

USD 0.75 (+61.29%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

AKITA Drilling Ltd. provides contract drilling services in Canada and the United States. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns. It specializes in pad and other purpose-built drilling rigs; and conventional, directional, horizontal, and underbalanced drilling services. As of December 31, 2019, the company had 17 wholly owned and operated drilling rigs in Canada; and 17 drilling rigs in the United States. It serves oil and gas companies. AKITA Drilling Ltd. was founded in 1964 and is headquartered in Calgary, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-15 )

Largest Industry Peers for Oil & Gas Drilling

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N/A

USD4.74B 26.84 4.65
VTGGF Vantage Drilling International

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USD0.16B 6.23 4.04
ARHVF Archer Limited

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USD0.06B 0.50 8.10
AWLCF Awilco Drilling PLC

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USD0.03B 3.00 0.01
BWLVF Bowleven plc

N/A

USD0.02B 12.60 0.05
WBRE Wild Brush Energy, Inc

N/A

USD4.48M N/A N/A
OOGI C2E Energy, Inc

N/A

USD4.00M N/A N/A
AGDY Agri Dynamics, Inc

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USD1.51M N/A N/A
BRCOQ Beard Co. (The)

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USD0.21M N/A N/A

ETFs Containing AKTAF

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas Drilling)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 22.37% 50% F 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 22.37% 50% F 74% C
Trailing 12 Months  
Capital Gain -42.59% 29% F 13% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -42.59% 29% F 13% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -45.46% 6% F 1% F
Dividend Return 3.25% 33% F 64% D
Total Return -42.21% 6% F 1% F
Risk Return Profile  
Volatility (Standard Deviation) 31.74% 88% B+ 55% F
Risk Adjusted Return -132.99% 6% F 1% F
Market Capitalization 0.02B 69% D+ 40% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas Drilling)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 27.50 14% F 27% F
Price/Book Ratio 0.13 70% C- 91% A-
Price / Cash Flow Ratio 0.84 54% F 39% F
EV/EBITDA 3.38 44% F 54% F
Management Effectiveness  
Return on Equity -33.94% 40% F 22% F
Return on Invested Capital -4.06% 47% F 31% F
Return on Assets -3.54% 58% F 41% F
Debt to Equity Ratio 30.47% 71% C- 50% F
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 1.10 71% C- 41% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector