As of 2025-05-17, the Fair Value of Independence Contract Drilling Inc (ICD) is -1,239.68 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.59 USD, the upside of Independence Contract Drilling Inc is -211,721.70%.
With the market price of 0.59 USD and our fair value calculation, Independence Contract Drilling Inc (ICD) is not a good investment. Investing in ICD stocks now will result in a potential loss of 211,721.70%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | -60.80 | -96.60 | -66.70 | -65.30 | -37.70 | -65.42 |
| YoY growth | -204.00% | -58.88% | 30.95% | 2.10% | 42.27% | -37.51% |
| Market Cap (mil) | 0.14 |
| P/E | |
| Forward P/E |
| EPS | -247.94 |
| Avg earnings growth rate | -37.51% |
| TTM earnings | -59.25 |