(PDS) Precision Drilling - Overview
Stock: Drilling, Completion, Production, Automation, Environmental
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 37.3% |
| Relative Tail Risk | -2.59% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.17 |
| Alpha | 31.58 |
| Character TTM | |
|---|---|
| Beta | 1.300 |
| Beta Downside | 1.847 |
| Drawdowns 3y | |
|---|---|
| Max DD | 50.50% |
| CAGR/Max DD | 0.21 |
Description: PDS Precision Drilling December 25, 2025
Precision Drilling Corp. (NYSE:PDS) is a Calgary-based provider of onshore drilling, completion, and production services for oil, natural gas, and geothermal operators in North America and select international markets. The firm operates two primary segments: Contract Drilling Services, which delivers land-based and turnkey drilling, rig equipment manufacturing/repair, and automation tools (AlphaAutomation suite); and Completion & Production Services, which supplies workover rigs, equipment rentals, and field support such as camp and catering.
Key performance indicators from the most recent fiscal year show a 2023 average dayrate of roughly US $115 k per rig, a fleet of 140 land rigs with an 88% utilization rate, and adjusted EBITDA of US $620 million, reflecting strong cash generation despite volatile commodity prices.
The segment’s earnings are highly sensitive to three macro drivers: (1) crude-oil and natural-gas price levels, which dictate upstream drilling spend; (2) U.S. drilling activity trends, captured by the Baker Hughes rig-count, where a 10% rise historically lifts PDS’s dayrate by ~3%; and (3) ESG pressures, prompting the company’s EverGreen hydrogen and monitoring solutions that could unlock ancillary revenue as regulators tighten emissions standards.
For a deeper, data-driven look at PDS’s valuation dynamics, you may want to explore the company’s profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 58.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -1.49 > 1.0 |
| NWC/Revenue: 9.00% < 20% (prev 8.58%; Δ 0.42% < -1%) |
| CFO/TA 0.16 > 3% & CFO 449.6m > Net Income 58.8m |
| Net Debt (715.6m) to EBITDA (492.4m): 1.45 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (14.0m) vs 12m ago -6.06% < -2% |
| Gross Margin: 70.22% > 18% (prev 0.70%; Δ 6953 % > 0.5%) |
| Asset Turnover: 64.45% > 50% (prev 67.21%; Δ -2.76% > 0%) |
| Interest Coverage Ratio: 3.31 > 6 (EBITDA TTM 492.4m / Interest Expense TTM 54.7m) |
Altman Z'' 1.28
| A: 0.06 (Total Current Assets 449.7m - Total Current Liabilities 284.7m) / Total Assets 2.80b |
| B: -0.31 (Retained Earnings -856.8m / Total Assets 2.80b) |
| C: 0.06 (EBIT TTM 180.8m / Avg Total Assets 2.84b) |
| D: 1.40 (Book Value of Equity 1.58b / Total Liabilities 1.13b) |
| Altman-Z'' Score: 1.28 = BB |
Beneish M -3.57
| DSRI: 0.96 (Receivables 365.1m/401.7m, Revenue 1.83b/1.94b) |
| GMI: 0.99 (GM 70.22% / 69.54%) |
| AQI: 0.46 (AQ_t 0.01 / AQ_t-1 0.02) |
| SGI: 0.94 (Revenue 1.83b / 1.94b) |
| TATA: -0.14 (NI 58.8m - CFO 449.6m) / TA 2.80b) |
| Beneish M-Score: -3.57 (Cap -4..+1) = AAA |
What is the price of PDS shares?
Over the past week, the price has changed by +9.32%, over one month by +21.68%, over three months by +51.44% and over the past year by +54.31%.
Is PDS a buy, sell or hold?
- StrongBuy: 3
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the PDS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 95.5 | 9.5% |
| Analysts Target Price | 95.5 | 9.5% |
| ValueRay Target Price | 97.9 | 12.4% |
PDS Fundamental Data Overview February 01, 2026
P/E Trailing = 26.58
P/E Forward = 14.4509
P/S = 0.5732
P/B = 0.8617
P/EG = 0.4
Revenue TTM = 1.83b CAD
EBIT TTM = 180.8m CAD
EBITDA TTM = 492.4m CAD
Long Term Debt = 687.7m CAD (from longTermDebt, last quarter)
Short Term Debt = 18.0m CAD (from shortTermDebt, last quarter)
Debt = 753.9m CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 715.6m CAD (from netDebt column, last quarter)
Enterprise Value = 2.15b CAD (1.44b + Debt 753.9m - CCE 38.3m)
Interest Coverage Ratio = 3.31 (Ebit TTM 180.8m / Interest Expense TTM 54.7m)
EV/FCF = 10.31x (Enterprise Value 2.15b / FCF TTM 208.6m)
FCF Yield = 9.70% (FCF TTM 208.6m / Enterprise Value 2.15b)
FCF Margin = 11.38% (FCF TTM 208.6m / Revenue TTM 1.83b)
Net Margin = 3.21% (Net Income TTM 58.8m / Revenue TTM 1.83b)
Gross Margin = 70.22% ((Revenue TTM 1.83b - Cost of Revenue TTM 545.9m) / Revenue TTM)
Gross Margin QoQ = 32.11% (prev 81.59%)
Tobins Q-Ratio = 0.77 (Enterprise Value 2.15b / Total Assets 2.80b)
Interest Expense / Debt = 1.82% (Interest Expense 13.8m / Debt 753.9m)
Taxrate = 27.97% (43.2m / 154.6m)
NOPAT = 130.2m (EBIT 180.8m * (1 - 27.97%))
Current Ratio = 1.58 (Total Current Assets 449.7m / Total Current Liabilities 284.7m)
Debt / Equity = 0.45 (Debt 753.9m / totalStockholderEquity, last quarter 1.66b)
Debt / EBITDA = 1.45 (Net Debt 715.6m / EBITDA 492.4m)
Debt / FCF = 3.43 (Net Debt 715.6m / FCF TTM 208.6m)
Total Stockholder Equity = 1.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.07% (Net Income 58.8m / Total Assets 2.80b)
RoE = 3.51% (Net Income TTM 58.8m / Total Stockholder Equity 1.67b)
RoCE = 7.66% (EBIT 180.8m / Capital Employed (Equity 1.67b + L.T.Debt 687.7m))
RoIC = 5.38% (NOPAT 130.2m / Invested Capital 2.42b)
WACC = 7.47% (E(1.44b)/V(2.19b) * Re(10.70%) + D(753.9m)/V(2.19b) * Rd(1.82%) * (1-Tc(0.28)))
Discount Rate = 10.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -5.03%
[DCF Debug] Terminal Value 79.89% ; FCFF base≈228.4m ; Y1≈225.1m ; Y5≈231.4m
Fair Price DCF = 296.5 (EV 4.55b - Net Debt 715.6m = Equity 3.83b / Shares 12.9m; r=7.47% [WACC]; 5y FCF grow -2.32% → 2.90% )
EPS Correlation: 19.97 | EPS CAGR: 122.0% | SUE: -0.81 | # QB: 0
Revenue Correlation: 64.73 | Revenue CAGR: 19.99% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.63 | Chg30d=+0.090 | Revisions Net=+3 | Analysts=5
EPS next Year (2026-12-31): EPS=7.94 | Chg30d=+0.104 | Revisions Net=+2 | Growth EPS=+31.4% | Growth Revenue=+2.5%