If we estimate that maintenance capex = depreciation, SRV had a maintenance Capex of 19 m$ in 24 (like 23) which corresponds to a free cash flow of 45 m$ or 12 % free cash flow yield (with today's share price). It looks quite high given the company's profile.
SRV Price at posting:
$4.84 Sentiment: Buy Disclosure: Held
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