AKTAF:OTC-AKITA Drilling Ltd (USD)

COMMON STOCK | Oil & Gas Drilling | OTC

Last Closing Price

USD 0.30

Change

0.00 (0.00)%

Market Cap

USD 0.02B

Average Target Price

USD 1.50 (+400.00%)
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: 2020-03-30 )

Largest Industry Peers for Oil & Gas Drilling

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
VTGGF Vantage Drilling International

N/A

USD1.17B N/A N/A
ESVIF Ensign Energy Services Inc

-0.03 (-7.69%)

USD0.06B 10.90 N/A
AWLCF Awilco Drilling PLC

+0.03 (+6.00%)

USD0.03B 3.00 -3.62
ARHVF Archer Limited

N/A

USD0.03B 0.50 6.88
BWLVF Bowleven plc

N/A

USD6.44M 12.60 -1.58
OOGI C2E Energy, Inc

N/A

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

+0.01 (+50.00%)

USD0.77M N/A N/A
WBRE Wild Brush Energy, Inc

N/A

USD0.22M N/A -8.09
BRCOQ Beard Co. (The)

N/A

USD0.21M N/A -4.58
PDGO Paradigm Oil and Gas, Inc

N/A

USD0.19M N/A -0.24

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 -63.41% 27% F 9% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -63.41% 27% F 9% F
Trailing 12 Months  
Capital Gain -87.59% 13% F 7% F
Dividend Return 3.52% 50% F 61% D-
Total Return -84.07% 13% F 9% 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 -35.40% 6% F 5% F
Dividend Return 3.95% 33% F 76% C
Total Return -31.45% 12% F 7% F
Risk Return Profile  
Volatility (Standard Deviation) 28.18% 82% B- 66% D
Risk Adjusted Return -111.61% 6% F 3% F
Market Capitalization 0.02B 82% B- 47% 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 17% F 20% F
Price/Book Ratio 0.06 75% C 88% B+
Price / Cash Flow Ratio 0.74 36% F 36% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -7.69% 89% B+ 34% F
Return on Invested Capital -4.06% 50% F 31% F
Return on Assets -3.03% 69% D+ 43% F
Debt to Equity Ratio 30.47% 71% C- 49% 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 0.38 67% D+ 67% D+
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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Positive cash flow

The company had positive total 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.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.