Akita Drilling Ltd. (AKT.A) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

PHX Energy Services Corp.

High Arctic Energy Services, Inc.

Major Drilling Group International, Inc.

Cathedral Energy Services Ltd.

Precision Drilling Corp.

Akita Drilling Ltd.

Ensign Energy Services, Inc.

Western Energy Services Corp.

Sonoro Energy Ltd.

Why is Akita Drilling Ltd. ?

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 2.95%

With a fall in PBT of -234.42%, the company declared Very Negative results in Mar 26

The company has declared negative results for the last 2 consecutive quarters
NET SALES(HY) At CAD 97.13 MM has Grown at -24.08%
INTEREST COVERAGE RATIO(Q) Lowest at 917.08
OPERATING PROFIT(Q) Lowest at CAD 6.23 MM

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Akita Drilling Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Akita Drilling Ltd.

53.39%

5.89

53.09%

S&P/TSX 60

29.6%

2.31

12.81%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

15.45%

EBIT Growth (5y)

14.30%

EBIT to Interest (avg)

-0.78

Debt to EBITDA (avg)

4.85

Net Debt to Equity (avg)

0.23

Sales to Capital Employed (avg)

0.92

Tax Ratio

34.79%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.06%

ROCE (avg)

2.95%

ROE (avg)

5.92%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.83

EV to EBIT

-165.01

EV to EBITDA

6.28

EV to Capital Employed

0.85

EV to Sales

0.93

PEG Ratio

Dividend Yield

ROCE (Latest)

-0.52%

ROE (Latest)

1.33%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

2What is working for the Company

DEBT-EQUITY RATIO (HY)

Lowest at 15.89 %

-27What is not working for the Company

NET SALES(HY)

At CAD 97.13 MM has Grown at -24.08%

INTEREST COVERAGE RATIO(Q)

Lowest at 917.08

OPERATING PROFIT(Q)

Lowest at CAD 6.23 MM

PRE-TAX PROFIT(Q)

Lowest at CAD -2.06 MM

NET PROFIT(Q)

Lowest at CAD -2.58 MM

RAW MATERIAL COST(Y)

Grown by 45.96% (YoY

OPERATING PROFIT MARGIN(Q)

Lowest at 11.22 %

EPS(Q)

Lowest at CAD -0.06

Here's what is working for Akita Drilling Ltd.

Debt-Equity Ratio

Lowest at 15.89 % and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Depreciation

Highest at CAD 7.66 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (CAD MM)

Here's what is not working for Akita Drilling Ltd.

Pre-Tax Profit

At CAD -2.06 MM has Fallen at -249.79%

over average net sales of the previous four periods of CAD 1.38 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CAD MM)

Net Profit

At CAD -2.58 MM has Fallen at -175.48%

over average net sales of the previous four periods of CAD 3.41 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CAD MM)

Interest Coverage Ratio

Lowest at 917.08

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit

Lowest at CAD 6.23 MM and Fallen

In each period in the last five periods

MOJO Watch

Near term Operating Profit trend is quite negative

Operating Profit (CAD MM)

Pre-Tax Profit

Lowest at CAD -2.06 MM and Fallen

In each period in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CAD MM)

Net Profit

Lowest at CAD -2.58 MM and Fallen

In each period in the last five periods

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CAD MM)

Net Sales

At CAD 97.13 MM has Grown at -24.08%

Year on Year (YoY)

MOJO Watch

Near term sales trend is negative

Net Sales (CAD MM)

Operating Profit Margin

Lowest at 11.22 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

EPS

Lowest at CAD -0.06

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (CAD)

Raw Material Cost

Grown by 45.96% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales