NorAm Drilling AS (F:TM9) — Market Cap & Net Worth
Market Cap & Net Worth: NorAm Drilling AS (TM9)
NorAm Drilling AS (F:TM9) has a market capitalization of $198.83 Million (€170.07 Million) as of October 15, 2026. Listed on the F stock exchange, this Germany-based company holds position #16567 globally and #1569 in its home market, demonstrating a 9.30% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying NorAm Drilling AS's stock price €4.47 by its total outstanding shares 43317957 (43.32 Million).
NorAm Drilling AS Market Cap History: 2022 to 2026
NorAm Drilling AS's market capitalization history from 2022 to 2026. Data shows growth from $52.74 Million to $226.12 Million (66.12% CAGR). Check latest NorAm Drilling AS stock price today for real-time trading data and today's change.
NorAm Drilling AS Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how NorAm Drilling AS's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Also see TM9 operating cash flow for how efficiently the company converts equity into cash flow.
Latest Price to Sales (P/S) Ratio
1.35x
NorAm Drilling AS's market cap is 1.35 times its annual revenue
Latest Price to Earnings (P/E) Ratio
9.25x
NorAm Drilling AS's market cap is 9.25 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2022 | $52.74 Million | $95.45 Million | $2.98 Million | 0.55x | 17.71x |
| 2023 | $184.85 Million | $118.29 Million | $19.23 Million | 1.56x | 9.61x |
| 2024 | $140.03 Million | $103.10 Million | $2.25 Million | 1.36x | 62.12x |
| 2025 | $136.99 Million | $101.13 Million | $14.81 Million | 1.35x | 9.25x |
Competitor Companies of TM9 by Market Capitalization
Companies near NorAm Drilling AS in the global market cap rankings as of October 15, 2026. See how leveraged is NorAm Drilling AS's balance sheet to understand what proportion of total assets are financed by equity.
Key companies related to NorAm Drilling AS by market ranking:
- Schlumberger NV (NYSE:SLB): Ranked #389 globally with a market cap of $72.38 Billion USD.
- Baker Hughes Co (NASDAQ:BKR): Ranked #493 globally with a market cap of $55.89 Billion USD.
- TechnipFMC PLC (NYSE:FTI): Ranked #983 globally with a market cap of $27.27 Billion USD.
- Halliburton Company (NYSE:HAL): Ranked #1007 globally with a market cap of $26.57 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #389 | Schlumberger NV | NYSE:SLB | $72.38 Billion | $48.77 |
| #493 | Baker Hughes Co | NASDAQ:BKR | $55.89 Billion | $56.45 |
| #983 | TechnipFMC PLC | NYSE:FTI | $27.27 Billion | $70.72 |
| #1007 | Halliburton Company | NYSE:HAL | $26.57 Billion | $32.79 |
NorAm Drilling AS Historical Marketcap From 2022 to 2026
Between 2022 and today, NorAm Drilling AS's market cap moved from $52.74 Million to $ 226.12 Million, with a yearly change of 66.12%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | €226.12 Million | +65.06% |
| 2025 | €136.99 Million | -2.17% |
| 2024 | €140.03 Million | -24.25% |
| 2023 | €184.85 Million | +250.49% |
| 2022 | €52.74 Million | -- |
End of Day Market Cap According to Different Sources
On Oct 14th, 2026 the market cap of NorAm Drilling AS was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $198.83 Million USD |
| MoneyControl | $198.83 Million USD |
| MarketWatch | $198.83 Million USD |
| marketcap.company | $198.83 Million USD |
| Reuters | $198.83 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About NorAm Drilling AS
NorAm Drilling AS, together with its subsidiary, owns and operates AC driven rigs for the drilling of horizontal wells in the United States. The company owns and operates a fleet of rigs located in the Permian Basin. NorAm Drilling AS was incorporated in 2007 and is headquartered in Oslo, Norway.