(VAL) Valaris - Overview
Stock: Rig, Jackup, Floater, Drillship, Semisubmersible, Management
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 49.1% |
| Relative Tail Risk | -4.26% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.74 |
| Alpha | 8.77 |
| Character TTM | |
|---|---|
| Beta | 1.583 |
| Beta Downside | 2.208 |
| Drawdowns 3y | |
|---|---|
| Max DD | 63.82% |
| CAGR/Max DD | -0.12 |
Description: VAL Valaris January 11, 2026
Valaris Ltd (NYSE:VAL) is a Bermuda-registered offshore drilling contractor that operates a diversified rig fleet-including drillships, dynamically positioned semisubmersibles, a moored semisubmersible, and jack-up units-across Brazil, the United Kingdom, the U.S. Gulf of Mexico, Australia, Angola, and other international locations. The business is organized into four segments (Floaters, Jackups, ARO, and Other) and also provides management services for third-party owned rigs, serving a mix of international majors, national oil companies, and independent producers.
Key operating metrics show the company generated roughly $1.2 billion of revenue in 2023, with an average rig utilization rate near 70 % and day-rates hovering around $190 k for floaters and $140 k for jack-ups. The balance sheet remains leveraged, with a debt-to-EBITDA ratio of about 3.2×, reflecting the capital-intensive nature of the sector. Valaris’ outlook is tightly linked to oil-price dynamics and the ongoing shift toward deep-water projects, which are sensitive to OPEC+ production decisions and the pace of global energy transition investments.
For a deeper dive into Valaris’ valuation metrics and scenario analysis, the ValueRay platform offers a structured framework worth exploring.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 399.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 16.38 > 1.0 |
| NWC/Revenue: 25.89% < 20% (prev 18.53%; Δ 7.36% < -1%) |
| CFO/TA 0.13 > 3% & CFO 598.6m > Net Income 399.0m |
| Net Debt (501.0m) to EBITDA (802.2m): 0.62 < 3 |
| Current Ratio: 1.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (71.0m) vs 12m ago -3.01% < -2% |
| Gross Margin: 32.47% > 18% (prev 0.23%; Δ 3224 % > 0.5%) |
| Asset Turnover: 53.86% > 50% (prev 52.20%; Δ 1.66% > 0%) |
| Interest Coverage Ratio: 6.89 > 6 (EBITDA TTM 802.2m / Interest Expense TTM 96.1m) |
Altman Z'' 3.86
| A: 0.13 (Total Current Assets 1.34b - Total Current Liabilities 718.0m) / Total Assets 4.64b |
| B: 0.36 (Retained Earnings 1.66b / Total Assets 4.64b) |
| C: 0.15 (EBIT TTM 662.6m / Avg Total Assets 4.49b) |
| D: 0.78 (Book Value of Equity 1.70b / Total Liabilities 2.19b) |
| Altman-Z'' Score: 3.86 = AA |
Beneish M -3.49
| DSRI: 0.87 (Receivables 513.7m/555.8m, Revenue 2.42b/2.26b) |
| GMI: 0.70 (GM 32.47% / 22.74%) |
| AQI: 0.85 (AQ_t 0.27 / AQ_t-1 0.32) |
| SGI: 1.07 (Revenue 2.42b / 2.26b) |
| TATA: -0.04 (NI 399.0m - CFO 598.6m) / TA 4.64b) |
| Beneish M-Score: -3.49 (Cap -4..+1) = AA |
What is the price of VAL shares?
Over the past week, the price has changed by +8.11%, over one month by +17.67%, over three months by +15.40% and over the past year by +34.36%.
Is VAL a buy, sell or hold?
- StrongBuy: 4
- Buy: 1
- Hold: 5
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the VAL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 55.6 | -10.9% |
| Analysts Target Price | 55.6 | -10.9% |
| ValueRay Target Price | 65.3 | 4.6% |
VAL Fundamental Data Overview February 03, 2026
P/E Forward = 18.2149
P/S = 1.7016
P/B = 1.6711
Revenue TTM = 2.42b USD
EBIT TTM = 662.6m USD
EBITDA TTM = 802.2m USD
Long Term Debt = 1.09b USD (from longTermDebt, last quarter)
Short Term Debt = 35.0m USD (from shortTermDebt, last quarter)
Debt = 1.16b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 501.0m USD (from netDebt column, last quarter)
Enterprise Value = 4.61b USD (4.11b + Debt 1.16b - CCE 662.7m)
Interest Coverage Ratio = 6.89 (Ebit TTM 662.6m / Interest Expense TTM 96.1m)
EV/FCF = 18.47x (Enterprise Value 4.61b / FCF TTM 249.7m)
FCF Yield = 5.41% (FCF TTM 249.7m / Enterprise Value 4.61b)
FCF Margin = 10.34% (FCF TTM 249.7m / Revenue TTM 2.42b)
Net Margin = 16.51% (Net Income TTM 399.0m / Revenue TTM 2.42b)
Gross Margin = 32.47% ((Revenue TTM 2.42b - Cost of Revenue TTM 1.63b) / Revenue TTM)
Gross Margin QoQ = 31.91% (prev 35.68%)
Tobins Q-Ratio = 0.99 (Enterprise Value 4.61b / Total Assets 4.64b)
Interest Expense / Debt = 2.14% (Interest Expense 24.9m / Debt 1.16b)
Taxrate = 13.25% (28.6m / 215.9m)
NOPAT = 574.8m (EBIT 662.6m * (1 - 13.25%))
Current Ratio = 1.87 (Total Current Assets 1.34b / Total Current Liabilities 718.0m)
Debt / Equity = 0.48 (Debt 1.16b / totalStockholderEquity, last quarter 2.45b)
Debt / EBITDA = 0.62 (Net Debt 501.0m / EBITDA 802.2m)
Debt / FCF = 2.01 (Net Debt 501.0m / FCF TTM 249.7m)
Total Stockholder Equity = 2.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.89% (Net Income 399.0m / Total Assets 4.64b)
RoE = 17.30% (Net Income TTM 399.0m / Total Stockholder Equity 2.31b)
RoCE = 19.54% (EBIT 662.6m / Capital Employed (Equity 2.31b + L.T.Debt 1.09b))
RoIC = 16.96% (NOPAT 574.8m / Invested Capital 3.39b)
WACC = 9.57% (E(4.11b)/V(5.27b) * Re(11.75%) + D(1.16b)/V(5.27b) * Rd(2.14%) * (1-Tc(0.13)))
Discount Rate = 11.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.98%
[DCF Debug] Terminal Value 63.48% ; FCFF base≈249.7m ; Y1≈163.9m ; Y5≈74.8m
Fair Price DCF = 9.35 (EV 1.15b - Net Debt 501.0m = Equity 650.5m / Shares 69.6m; r=9.57% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 25.39 | EPS CAGR: 69.89% | SUE: -0.47 | # QB: 0
Revenue Correlation: 92.73 | Revenue CAGR: 19.49% | SUE: 1.60 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.18 | Chg30d=+0.070 | Revisions Net=+0 | Analysts=6
EPS next Year (2026-12-31): EPS=3.57 | Chg30d=+0.155 | Revisions Net=+0 | Growth EPS=-16.1% | Growth Revenue=-8.4%