Valaris Limited (VAL) Financial Ratios
30 years of historical data (1996–2025) · Energy · Oil & Gas Equipment & Services
EV/EBITDA
↓
10.93
↓-52% vs avg
5yr avg: 22.59
30Y Low6.5·High38.6
P/FCF
31.70
↑+80% vs avg
5yr avg: 17.63
30Y Low17.6·High17.6
P/B Ratio
↓
2.07
↓-11% vs avg
5yr avg: 2.32
30Y Low1.1·High3.9
ROE
↑
36.3%
↓+515% vs avg
5yr avg: -8.7%
30Y Low-165%·High53%
Debt/EBITDA
↓
1.86
↓-54% vs avg
5yr avg: 4.05
30Y Low0.2·High24.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VAL Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Valaris Limited trades at 6.7x earnings, 43% below its 5-year average of 11.8x, sitting at the 50th percentile of its historical range. Compared to the Energy sector median P/E of 16.9x, the stock trades at a discount of 60%. On a free-cash-flow basis, the stock trades at 31.7x P/FCF, 80% above the 5-year average of 17.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.4B | $3.6B | $3.2B | $5.2B | $5.1B | $2.7B | — | — | — | — | — |
| Enterprise Value | $7.0B | $4.2B | $4.0B | $5.7B | $5.0B | $2.6B | — | — | — | — | — |
| P/E Ratio → | 6.70 | 3.64 | 8.64 | 5.96 | 29.02 | — | — | — | — | — | — |
| P/S Ratio | 2.71 | 1.51 | 1.37 | 2.89 | 3.19 | 2.19 | — | — | — | — | — |
| P/B Ratio | 2.07 | 1.13 | 1.44 | 2.58 | 3.94 | 2.51 | — | — | — | — | — |
| P/FCF | 31.70 | 17.63 | — | — | — | — | — | — | — | — | — |
| P/OCF | 11.77 | 6.54 | 9.07 | 19.28 | 40.25 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
VAL EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Valaris Limited's enterprise value stands at 10.9x EBITDA, 52% below its 5-year average of 22.6x. The Energy sector median is 8.1x, placing the stock at a 34% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.76 | 1.70 | 3.19 | 3.09 | 2.15 | — | — | — | — | — |
| EV / EBITDA | 10.93 | 6.48 | 8.48 | 36.81 | 38.58 | — | — | — | — | — | — |
| EV / EBIT | 14.15 | 6.39 | 11.00 | 138.48 | 77.89 | — | — | — | — | — | — |
| EV / FCF | — | 20.54 | — | — | — | — | — | — | — | — | — |
VAL Profitability
Margins and return-on-capital ratios measuring operating efficiency
Valaris Limited earns an operating margin of 20.9%, above the Energy sector average of 14.5%. Operating margins have expanded from 3.0% to 20.9% over the past 3 years, signaling improving operational efficiency. Return on equity of 36.3% is exceptionally high — well above the sector median of 7.9%. ROIC of 10.9% represents solid returns on invested capital versus a sector median of 6.4%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.0% | 25.0% | 25.5% | 13.5% | 13.7% | 13.3% | -3.0% | 12.0% | 22.6% | 35.5% | 53.1% |
| Operating Margin | 20.9% | 20.9% | 14.9% | 3.0% | 2.3% | -72.8% | -303.7% | -32.6% | -13.8% | -7.2% | 33.5% |
| Net Profit Margin | 41.5% | 41.5% | 15.8% | 48.5% | 11.0% | -364.7% | -340.2% | -9.6% | -37.5% | -16.5% | 32.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 36.3% | 36.3% | 17.6% | 52.5% | 14.9% | -165.0% | -71.0% | -2.3% | -7.6% | -3.6% | 12.1% |
| ROA | 20.2% | 20.2% | 8.5% | 24.1% | 6.5% | -58.1% | -32.6% | -1.3% | -4.5% | -2.1% | 6.4% |
| ROIC | 10.9% | 10.9% | 9.5% | 2.2% | 2.6% | -26.5% | -33.5% | -3.6% | -1.4% | -0.8% | 5.7% |
| ROCE | 11.9% | 11.9% | 9.6% | 1.8% | 1.6% | -12.3% | -30.4% | -4.5% | -1.7% | -1.0% | 7.0% |
VAL Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Valaris Limited carries a Debt/EBITDA ratio of 1.9x, which is manageable (23% below the sector average of 2.4x). Net debt stands at $590M ($1.2B total debt minus $606M cash). Interest coverage of 6.6x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.38 | 0.38 | 0.52 | 0.58 | 0.44 | 0.52 | 0.00 | 0.66 | 0.62 | 0.54 | 0.64 |
| Debt / EBITDA | 1.86 | 1.86 | 2.46 | 7.47 | 4.40 | — | — | — | 24.71 | 18.91 | 4.27 |
| Net Debt / Equity | — | 0.19 | 0.36 | 0.27 | -0.12 | -0.05 | -0.07 | 0.65 | 0.59 | 0.49 | 0.50 |
| Net Debt / EBITDA | 0.92 | 0.92 | 1.69 | 3.46 | -1.23 | — | — | — | 23.35 | 17.14 | 3.33 |
| Debt / FCF | — | 2.91 | — | — | — | — | — | — | — | — | 5.45 |
| Interest Coverage | 6.59 | 6.59 | 4.31 | 0.60 | 1.40 | — | -2.29 | -1.28 | -0.69 | 0.46 | 4.06 |
VAL Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.72x means Valaris Limited can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.72 | 1.72 | 1.59 | 1.71 | 2.67 | 2.86 | 2.75 | 1.25 | 2.43 | 2.09 | 3.80 |
| Quick Ratio | 1.72 | 1.72 | 1.59 | 1.71 | 2.67 | 2.86 | 2.09 | 0.84 | 1.93 | 1.72 | 3.54 |
| Cash Ratio | 0.88 | 0.88 | 0.54 | 0.83 | 1.44 | 1.44 | 0.76 | 0.12 | 1.14 | 1.17 | 3.05 |
| Asset Turnover | — | 0.45 | 0.53 | 0.41 | 0.56 | 0.47 | 0.11 | 0.12 | 0.12 | 0.13 | 0.19 |
| Inventory Turnover | — | — | — | — | — | — | 5.26 | 5.32 | 4.92 | 4.27 | 5.78 |
| Days Sales Outstanding | — | 73.82 | 88.25 | 93.96 | 102.29 | 131.56 | 114.88 | 92.57 | 73.77 | 68.41 | 47.46 |
VAL Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Valaris Limited returns 1.6% to shareholders annually primarily through share buybacks. The earnings yield of 14.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | 1.3% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 14.9% | 27.5% | 11.6% | 16.8% | 3.4% | — | — | — | — | — | — |
| FCF Yield | 3.2% | 5.7% | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 1.6% | 2.8% | 3.9% | 3.9% | 0.0% | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 1.6% | 2.8% | 3.9% | 3.9% | 0.0% | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $71M | $73M | $75M | $76M | $75M | $75M | $92M | $109M | $91M | $75M |
Peer Comparison
Compare VAL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VALYou | $6B | 6.7 | 10.9 | 31.7 | 25.0% | 20.9% | 36.3% | 10.9% | 1.9 |
 RIG | $6B | -2.1 | 7.5 | 9.0 | 83.4% | 17.8% | -31.7% | 3.6% | 4.1 |
 NE | $8B | 36.4 | 8.5 | 18.1 | 19.7% | 15.7% | 4.7% | 6.2% | 1.8 |
 BORR | $1B | 35.2 | 6.9 | 11.5 | 36.5% | 31.5% | 4.1% | 8.0% | 4.6 |
 PD | $629M | 3.7 | 137.8 | 5.6 | 84.9% | 1.2% | 83.0% | 1.2% | 70.8 |
 HP | $4B | -24.0 | 7.1 | 34.1 | 14.8% | 6.2% | -5.7% | 3.7% | 2.7 |
 NBR | $2B | 5.8 | 3.5 | — | 19.5% | 8.3% | 18.8% | 6.2% | 2.8 |
 NINE | $429M | -7.9 | 337.9 | — | — | — | — | 0.7% | 163.0 |
 KLXE | $61M | -0.8 | 5.8 | — | 21.2% | -4.8% | — | -9.4% | 4.9 |
 SLB | $83B | 23.5 | 12.5 | 17.3 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
 HAL | $34B | 26.9 | 11.7 | 20.2 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
| Energy Median | — | 16.9 | 8.1 | 14.1 | 32.7% | 14.5% | 7.9% | 6.4% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonVAL — Frequently Asked Questions
Quick answers to the most common questions about buying VAL stock.
What is Valaris Limited's P/E ratio?
Valaris Limited's current P/E ratio is 6.7x. The historical average is 11.8x. This places it at the 50th percentile of its historical range.
What is Valaris Limited's EV/EBITDA?
Valaris Limited's current EV/EBITDA is 10.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 22.6x.
What is Valaris Limited's ROE?
Valaris Limited's return on equity (ROE) is 36.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 2.3%.
Is VAL stock overvalued?
Based on historical data, Valaris Limited is trading at a P/E of 6.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Valaris Limited's profit margins?
Valaris Limited has 25.0% gross margin and 20.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Valaris Limited have?
Valaris Limited's Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.