Borr Drilling Ltd vs Helmerich & Payne Inc

Borr Drilling Ltd (BORR) is undervalued and we do not publish a verdict for Helmerich & Payne Inc (HP).

We publish an intrinsic value for BORR but not for HP, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

Borr Drilling Ltd (BORR)

Discounting its cash flows at 7.1% (average of 2 methods) values the shares at $8.14; the price of $4.46 is 45% below that value, and 84% of that value comes from beyond year five.

Leak Score 56/100 on 2 of 12 signals

Helmerich & Payne Inc (HP)

We do not publish a value for this company: its projected cash flows are negative in every year, including the terminal one.

Leak Score 0/100 on 1 of 12 signals

MetricBORRHP
VerdictUndervaluedNot valued
Price$4.46$39.79
Intrinsic value$8.14
Margin of safety+45%
Leak Score56/100 (2/12)0/100 (1/12)
Market cap$1.4B$4.0B
Revenue growth, 5 years27.1%16.1%
Operating margin20.8%2.7%
Net margin-23.7%-3.5%
Return on equity-24.4%-5.2%
Debt to equity2.580.72
Forward P/E38.2x27.7x
P/B1.4x1.5x
Dividend yield2.6%

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