Capital Drilling Ltd (GB:CAPD)
LSE:CAPD
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Capital Drilling
(LSE:CAPD)
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Rating:69Neutral
Price Target:
134.00 p
▲(16.02% Upside)
Action:DowngradedDate:03/23/26
The score is driven primarily by solid financial performance (growth, operating profitability, and a strengthening balance sheet) and very attractive valuation (low P/E). These positives are tempered by weak technical signals (below key moving averages and bearish MACD), despite oversold-leaning momentum indicators.
Positive Factors
Multi-year Revenue Growth
Sustained top-line expansion over multiple years indicates durable market traction and scale in drilling services. Growing revenue supports operating leverage, underpins contract pipeline credibility with miners, and gives management scope to invest in fleet and service capabilities for long-term competitiveness.
Negative Factors
Net Margin Volatility
Large swings in net margin suggest the business is exposed to project mix, pricing pressure, or cost shocks. That unpredictability weakens earnings quality and complicates multi-year planning, making it harder to sustain returns and forecast capital allocation with confidence.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-year Revenue Growth
Sustained top-line expansion over multiple years indicates durable market traction and scale in drilling services. Growing revenue supports operating leverage, underpins contract pipeline credibility with miners, and gives management scope to invest in fleet and service capabilities for long-term competitiveness.
Read all positive factors
Capital Drilling (CAPD) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£281.63M
Dividend Yield1.43%
Average Volume (3M)307.45K
Price to Earnings (P/E)1.4
Beta (1Y)0.56
Revenue Growth-1.46%
EPS Growth-24.05%
CountryUK
Employees2,854
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.20
Shares Outstanding225,303,790
10 Day Avg. Volume472,490
30 Day Avg. Volume307,449
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.81
Price to Sales (P/S)0.86
P/FCF Ratio7.12
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£200.00Price Target Upside73.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.14
Revenue Forecast (FY)£428.73M
Capital Drilling Business Overview & Revenue Model
Company Description
Capital Limited, together with its subsidiaries, provides various drilling solutions to customers in the minerals industry. It offers exploration drilling services, including air core, reverse circulation, diamond core, deep hole diamond, directio...
How the Company Makes Money
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Capital Drilling Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 353.03M | 348.00M | 318.42M | 290.28M | 226.79M |
| Gross Profit | 107.50M | 144.77M | 146.90M | 134.43M | 106.30M |
| EBITDA | 92.50M | 94.24M | 101.42M | 86.64M | 71.18M |
| Net Income | 70.81M | 17.32M | 36.74M | 20.99M | 70.17M |
Balance Sheet | |||||
| Total Assets | 631.11M | 511.73M | 467.75M | 386.80M | 351.50M |
| Cash, Cash Equivalents and Short-Term Investments | 163.24M | 70.83M | 81.52M | 67.11M | 90.73M |
| Total Debt | 130.95M | 148.97M | 132.02M | 91.17M | 72.05M |
| Total Liabilities | 242.27M | 228.34M | 194.60M | 147.91M | 128.56M |
| Stockholders Equity | 375.87M | 271.57M | 263.88M | 233.32M | 219.17M |
Cash Flow | |||||
| Free Cash Flow | 42.83M | 21.11M | 14.20M | 7.43M | -20.46M |
| Operating Cash Flow | 77.39M | 63.73M | 69.17M | 56.58M | 30.40M |
| Investing Cash Flow | -42.85M | -20.21M | -59.49M | -47.50M | -50.06M |
| Financing Cash Flow | -13.10M | -36.23M | -3.94M | -9.10M | 15.45M |
Capital Drilling Technical Analysis
Negative
115.50
Price Trends
134.60
Negative
126.24
Negative
112.75
Positive
Market Momentum
-3.01
Negative
45.32
Neutral
66.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CAPD, the sentiment is Negative. The current price of 115.5 is below the 20-day moving average (MA) of 126.60, below the 50-day MA of 134.60, and above the 200-day MA of 112.75, indicating a neutral trend. The MACD of -3.01 indicates Negative momentum. The RSI at 45.32 is Neutral, neither overbought nor oversold. The STOCH value of 66.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CAPD.
Capital Drilling Peers Comparison
UnderperformOutperform
Sector (61)
GB:CAPD
Capital Drilling
125.00
61.67
97.37%
GB:JLP
Jubilee Metals Group
3.40
0.36
11.84%
Capital Drilling Corporate Events
Financial DisclosuresRegulatory Filings and Compliance
Capital Limited Publishes 2025 Annual Report and Accounts
Neutral
Mar 19, 2026
Capital Limited has published its Annual Report and Accounts for the year ended 31 December 2025, making the document available to investors via the company’s website. The report has also been submitted to the UK Financial Services Authority...
Business Operations and StrategyDividendsFinancial Disclosures
Capital Limited Boosts Profit and Investments as MSALABS and Mining Contracts Drive 2026 Growth Plan
Positive
Mar 19, 2026
Capital Limited reported flat 2025 revenue of $345.8 million but sharply higher profitability, driven by strong investment gains and improved margins. Net profit after tax jumped to $71 million from $17 million, while adjusted EBITDA rose modestly...
Business Operations and StrategyFinancial Disclosures
Capital Limited Schedules FY 2025 Results Webcast for Investors
Positive
Mar 18, 2026
Capital Limited will host a live webcast presentation of its FY 2025 results on Thursday, 19 March 2026 at 9:00 a.m. GMT, open to existing and potential shareholders as well as analysts. Participants can join via the London Stock Exchange’s ...
Business Operations and Strategy
Capital Limited Secures Multi-Year Mining and Laboratory Contracts to Drive Growth
Positive
Feb 25, 2026
Capital Limited has reported a series of significant contract wins across its mining, drilling and laboratory divisions, underscoring robust demand for its services. The group is recommencing waste stripping at the Sukari Gold Mine under an 18R...
Business Operations and StrategyFinancial Disclosures
Capital Limited Ends 2025 at Top of Guidance on MSALABS Surge and Contract Growth
Positive
Jan 20, 2026
Capital Limited reported a strong finish to 2025, with full-year group revenue of $345.8 million, broadly flat year-on-year but at the upper end of upgraded guidance, driven by record performance at its MSALABS laboratory business, expanding rig f...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.