Dril Quip Fundamentals

DRQ
 Stock
  

USD 23.61  0.25  1.07%   

Dril-Quip fundamentals help investors to digest information that contributes to Dril Quip's financial success or failures. It also enables traders to predict the movement of Dril Quip Stock. The fundamental analysis module provides a way to measure Dril Quip's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dril Quip stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Dril Quip Income Tax Expense is very stable at the moment as compared to the past year. Dril Quip reported last year Income Tax Expense of 2.95 Million.

Dril Quip Market Capitalization Analysis

Dril Quip's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Dril Quip Market Capitalization

714.72 Million

Market Cap 
 = 
Shares Outstanding 
X  
Share Price 
More About Market Capitalization | All Equity Analysis

Current Dril Quip Market Capitalization

    
  842.18 M  
Most of Dril Quip's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dril-Quip is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dril Quip Market Capitalization Historical Pattern

Today, most investors in Dril Quip Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dril Quip's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's market capitalization growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Dril Quip market capitalization as a starting point in their analysis.
   Dril Quip Market Capitalization   
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       Timeline  
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Compare to competition

Dril Quip Market Capitalization

Market Capitalization

714.72 Million

Dril Quip Market Capitalization is very stable at the moment as compared to the past year. Dril Quip reported last year Market Capitalization of 696.39 Million
Based on the recorded statements, the market capitalization of Dril-Quip is about 842.18 M. This is 97.43% lower than that of the Energy sector and 96.23% lower than that of the Oil & Gas Equipment & Services industry. The market capitalization for all United States stocks is 95.57% higher than that of the company.

Dril-Quip Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dril Quip's current stock value. Our valuation model uses many indicators to compare Dril Quip value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dril Quip competition to find correlations between indicators driving Dril Quip's intrinsic value. More Info.
Dril-Quip is one of the top stocks in price to earning category among related companies. It is one of the top stocks in shares owned by insiders category among related companies . The ratio of Price to Earning to Shares Owned by Insiders for Dril-Quip is about  343.25 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dril Quip by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dril Quip'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 Dril Quip's earnings, one of the primary drivers of an investment's value.

Dril Quip Price to Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dril Quip's direct or indirect competition against its Price to Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dril Quip could also be used in its relative valuation, which is a method of valuing Dril Quip by comparing valuation metrics of similar companies.
Dril Quip is currently under evaluation in price to earnings to growth category among related companies.

Dril Quip Current Valuation Drivers

We derive many important indicators used in calculating different scores of Dril Quip from analyzing Dril Quip's financial statements. These drivers represent accounts that assess Dril Quip's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dril Quip's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(49.85 K)(49.69 K)948(21.55 K)(95.38 K)(97.89 K)
Revenue Per Employee225.59 K199.7 K228.67 K255.6 K240.65 K283.65 K
Average Assets1.44 B1.31 B1.2 B1.15 B1.09 B1.11 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(24.6 M)(79.39 M)44.76 M(29.04 M)(93.88 M)(96.35 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(24.6 M)(79.39 M)44.76 M(29.04 M)(93.88 M)(96.35 M)
Earnings before Tax(65.64 M)(114.99 M)10.43 M(62.05 M)(125.05 M)(128.34 M)
Average Equity1.35 B1.22 B1.09 B1.03 B970.12 M1.18 B
Enterprise Value1.33 B650.34 M1.29 B687.58 M326.52 M335.11 M
Free Cash Flow83.54 M30.33 M6.21 M(26.72 M)35.22 M46.55 M
Invested Capital720.68 M650.18 M675.6 M697.23 M540.08 M604.74 M
Invested Capital Average813.59 M700.48 M662.81 M677.33 M604.13 M639.85 M
Market Capitalization1.81 B1.07 B1.7 B1.04 B696.39 M714.72 M
Tangible Asset Value1.31 B1.15 B1.17 B1.12 B983.98 M1.04 B
Working Capital908.64 M771.44 M783.55 M777.68 M651.89 M693.32 M

Dril Quip Fundamentals

About Dril Quip Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dril-Quip's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dril Quip using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dril-Quip based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Deferred Revenue9.7 M10 M
Cost of Revenue242.4 M282.9 M
Revenues322.9 M417.4 M
Revenue to Assets 0.32  0.44 
Revenue Per Employee240.6 K283.6 K
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company was founded in 1981 and is headquartered in Houston, Texas. Dril Quip operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1342 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dril Quip without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Dril Quip

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dril Quip position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dril Quip will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dril Quip

0.95HALHalliburton Potential GrowthPairCorr
0.64MTRXMatrix Service Fiscal Year End 12th of September 2022 PairCorr

Moving against Dril Quip

0.58DMDesktop Metal Aggressive PushPairCorr
The ability to find closely correlated positions to Dril Quip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dril Quip when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dril Quip - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dril-Quip to buy it.
The correlation of Dril Quip is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dril Quip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dril-Quip moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dril Quip can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Dril Quip Piotroski F Score and Dril Quip Altman Z Score analysis. Note that the Dril-Quip information on this page should be used as a complementary analysis to other Dril Quip'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Dril Quip'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 Dril Quip. If investors know Dril Quip 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 Dril Quip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
818.1 M
Quarterly Revenue Growth YOY
0.16
Return On Assets
-0.0204
Return On Equity
-0.0956
The market value of Dril-Quip is measured differently than its book value, which is the value of Dril Quip that is recorded on the company's balance sheet. Investors also form their own opinion of Dril Quip's value that differs from its market value or its book value, called intrinsic value, which is Dril Quip'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 Dril Quip's market value can be influenced by many factors that don't directly affect Dril Quip'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 Dril Quip's value and its price as these two are different measures arrived at by different means. Investors typically determine Dril Quip value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dril Quip'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.