Independence Contract Valuation

ICD Stock  USD 1.91  0.01  0.53%   
Based on Macroaxis valuation methodology, the firm appears to be undervalued. Independence Contract retains a regular Real Value of $2.52 per share. The prevalent price of the firm is $1.91. Our model calculates the value of Independence Contract from evaluating the firm fundamentals such as Return On Asset of 0.017, current valuation of 181.53 M, and Return On Equity of -0.19 as well as inspecting its technical indicators and probability of bankruptcy. In general, most investors encourage purchasing undervalued assets and exiting overvalued assets since, at some point, asset prices and their ongoing real values will come together. Key fundamental drivers impacting Independence Contract's valuation include:
Price Book
0.1665
Enterprise Value
181.5 M
Enterprise Value Ebitda
4.5541
Price Sales
0.1439
Forward PE
3.4495
Undervalued
Today
1.91
Please note that Independence Contract's price fluctuation is unstable at this time. Calculation of the real value of Independence Contract is based on 3 months time horizon. Increasing Independence Contract's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Independence Contract Drilling is useful when determining the fair value of the Independence stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Independence Contract. Since Independence Contract is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Independence Stock. However, Independence Contract's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  1.91 Real  2.52 Target  4.67 Hype  1.91
The real value of Independence Stock, also known as its intrinsic value, is the underlying worth of Independence Contract Company, which is reflected in its stock price. It is based on Independence Contract's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Independence Contract's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Independence Contract's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
2.52
Real Value
5.57
Upside
Estimating the potential upside or downside of Independence Contract Drilling helps investors to forecast how Independence stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Independence Contract more accurately as focusing exclusively on Independence Contract's fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
-0.73-0.48-0.24
Details
Hype
Prediction
LowEstimatedHigh
0.101.914.96
Details
2 Analysts
Consensus
LowTarget PriceHigh
4.254.675.18
Details
Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Independence Contract's intrinsic value based on its ongoing forecasts of Independence Contract's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Independence Contract's closest peers. When choosing an evaluation method for Independence Contract, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.

Independence Contract Investments

(49.65 Million)

Independence Valuation Trend

Knowing Independence Contract's actual value is paramount for traders to make sound investment determinations. Independence Contract's real value is not only important for the investor to make better decisions but also for a more accurate overall view of Independence Contract's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both Independence Contract's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.

Independence Market Cap

Independence Contract Drilling is rated below average in market capitalization category among related companies. Market capitalization of Energy industry is currently estimated at about 2.05 Billion. Independence Contract claims roughly 27.95 Million in market capitalization contributing just under 2% to equities under Energy industry.
Capitalization  Valuation  Workforce  Revenue  Total debt

Independence Contract Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Independence Contract's current stock value. Our valuation model uses many indicators to compare Independence Contract value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Independence Contract competition to find correlations between indicators driving Independence Contract's intrinsic value. More Info.
Independence Contract Drilling is rated below average in price to earning category among related companies. It is rated below average in price to book category among related companies . As of April 19, 2024, Price To Book Ratio is expected to decline to 0.18. Comparative valuation analysis is a catch-all model that can be used if you cannot value Independence Contract by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Independence Contract's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Independence Contract's earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Independence Contract's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Independence Contract and how it compares across the competition.

About Independence Contract Valuation

The stock valuation mechanism determines the current worth of Independence Contract Drilling on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Independence Contract Drilling. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Independence Contract based exclusively on its fundamental and basic technical indicators. By analyzing Independence Contract's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Independence Contract's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Independence Contract. We calculate exposure to Independence Contract's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Independence Contract's related companies.
Last ReportedProjected for Next Year
Gross Profit36.3 M38.1 M
Pretax Profit Margin(0.19)(0.20)
Operating Profit Margin 0.05  0.06 
Net Loss(0.18)(0.19)
Gross Profit Margin 0.17  0.18 

8 Steps to conduct Independence Contract's Valuation Analysis

Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Independence Contract's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Independence Contract's valuation analysis, follow these 8 steps:
  • Gather financial information: Obtain Independence Contract's financial statements, including balance sheets, income statements, and cash flow statements.
  • Determine Independence Contract's revenue streams: Identify Independence Contract's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
  • Analyze market data: Research Independence Contract's industry and market trends, including the size of the market, growth rate, and competition.
  • Establish Independence Contract's growth potential: Evaluate Independence Contract's management, business model, and growth potential.
  • Determine Independence Contract's financial performance: Analyze its financial statements to assess its historical performance and future potential.
  • Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
  • Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Independence Contract's estimated value.
  • Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Note: This is a general outline, and different approaches and methods may be used depending on the type and size of the company being valued. We also recomment to seek professional assistance to ensure accuracy.

Independence Contract Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Independence Contract does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding14 M
Forward Price Earnings3.4495

Independence Contract Current Valuation Indicators

Valuation refers to the process of determining the present value of Independence Contract Drilling and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Independence we look at many different elements of the entity such as Independence's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. Independence Contract's valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Independence Contract's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Independence Contract, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Independence Contract's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Independence Contract's worth.
When determining whether Independence Contract is a strong investment it is important to analyze Independence Contract's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Independence Contract's future performance. For an informed investment choice regarding Independence Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Contract Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Independence Contract information on this page should be used as a complementary analysis to other Independence Contract's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Independence Stock analysis

When running Independence Contract's price analysis, check to measure Independence Contract's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Contract is operating at the current time. Most of Independence Contract's value examination focuses on studying past and present price action to predict the probability of Independence Contract's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Contract's price. Additionally, you may evaluate how the addition of Independence Contract to your portfolios can decrease your overall portfolio volatility.
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Is Independence Contract's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independence Contract. If investors know Independence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independence Contract listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.69)
Revenue Per Share
14.995
Quarterly Revenue Growth
(0.24)
Return On Assets
0.017
Return On Equity
(0.19)
The market value of Independence Contract is measured differently than its book value, which is the value of Independence that is recorded on the company's balance sheet. Investors also form their own opinion of Independence Contract's value that differs from its market value or its book value, called intrinsic value, which is Independence Contract's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independence Contract's market value can be influenced by many factors that don't directly affect Independence Contract's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independence Contract's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Contract is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independence Contract's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.