ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production services in Egypt, Algeria, Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and other regions. Its services primarily include offshore and onshore contract drilling and production services. The company’s offshore services comprise drilling and workover services, and a mobile offshore production unit, as well as accommodation, catering, and other barge-based support services. Its onshore services include drilling and work over services, projects services, and repair and maintenance services. The company also engages in rig leasing, HR service, trading, training, and transportation equipment leasing activities. The company was founded in 2022 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.
Metrics to compare | 2382 | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship Relationship2382PeersSector | |
|---|---|---|---|---|
P/E Ratio | 25.7x | 20.0x | 6.9x | |
PEG Ratio | 16.87 | 0.71 | 0.00 | |
Price / Book | 3.1x | 3.0x | 1.1x | |
Price / LTM Sales | 3.1x | 1.4x | 1.5x | |
Upside (Analyst Target) | 10.3% | 12.9% | 16.1% | |
Fair Value Upside | Unlock | 14.7% | 4.8% | Unlock |