Precision Drilling Corporation
Precision Drilling Corporation is an oilfield services company that provides onshore drilling, completion, and production support for oil and natural gas operators. Precision Drilling Corporation serves exploration and production customers across North America and selected international markets through two main segments: Contract Drilling Services and Completion and Production Services. Its offerings include drilling rigs, well servicing, oilfield equipment rental, camp services, and related technical support designed to help customers execute drilling and well development projects efficiently. The company also emphasizes technology-enabled drilling solutions, including automation and digital tools, to improve operational precision and support complex well programs. Based in Calgary, Alberta, Canada, Precision Drilling Corporation plays a key role in the energy services market by supplying the specialized equipment and services needed to develop conventional and unconventional hydrocarbon resources.
$90.43
-$1.38 (-1.50%)
EOD Oct 22, 2026
Operating margin is thin at 5.68%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 31.2%, still solid. Margins contracted 5.5pp, which offsets some of the top-line progress.
Free cash flow declined 24% versus the prior year, cash generation momentum has weakened. ROIC dropped from 6.13% to 2.47%, capital efficiency is deteriorating.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$1.92B
▲ +31.2% YoY
Net Income (TTM)
-C$31M
▼ -96.2% YoY
Op. Margin
3.28%
▼ -5.5pp YoY
ROIC
2.47%
▼ -3.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
C$119M
▼ -23.8% YoY
Op. Cash Flow (TTM)
C$411M
▲ +1.2% YoY
Net Debt
C$658M
Cash & Equiv.
C$86M
3Y CAGR: +4.5%
3Y CAGR: +41.4%
Continue Research
Is Precision Drilling (PDS) overvalued?
Precision Drilling (PDS) trades below a two-stage DCF intrinsic value of about C$254.54 per share, so at C$90.43 the stock looks undervalued (181.5% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Precision Drilling scores 60/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Precision Drilling's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about C$254.54 per share for PDS, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around C$190.91. At today's C$90.43, that puts the stock about 181.5% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Precision Drilling a high-quality business?+
Precision Drilling scores 60 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 3.3% operating margin and a 2.5% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Precision Drilling a good stock to buy right now?+
That depends on valuation and quality together, not either alone. PDS currently trades below its estimated intrinsic value and scores 60/100 on quality (solid). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Oil & Gas Drilling
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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