Noble Corporation Statistics
Total Valuation
NE has a market cap or net worth of $5.38 billion. The enterprise value is $7.10 billion.
| Market Cap | 5.38B |
| Enterprise Value | 7.10B |
Important Dates
The last earnings date was Tuesday, November 5, 2024, after market close.
| Earnings Date | Nov 5, 2024 |
| Ex-Dividend Date | Sep 12, 2024 |
Share Statistics
NE has 160.37 million shares outstanding. The number of shares has increased by 1.56% in one year.
| Current Share Class | 160.37M |
| Shares Outstanding | 160.37M |
| Shares Change (YoY) | +1.56% |
| Shares Change (QoQ) | +4.71% |
| Owned by Insiders (%) | 1.66% |
| Owned by Institutions (%) | 94.90% |
| Float | 157.71M |
Valuation Ratios
The trailing PE ratio is 9.88 and the forward PE ratio is 12.19.
| PE Ratio | 9.88 |
| Forward PE | 12.19 |
| PS Ratio | 1.83 |
| Forward PS | 1.68 |
| PB Ratio | 1.15 |
| P/TBV Ratio | 1.15 |
| P/FCF Ratio | 23.33 |
| P/OCF Ratio | 6.67 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.50, with an EV/FCF ratio of 30.78.
| EV / Earnings | 14.16 |
| EV / Sales | 2.68 |
| EV / EBITDA | 7.50 |
| EV / EBIT | 11.20 |
| EV / FCF | 30.78 |
Financial Position
The company has a current ratio of 1.57, with a Debt / Equity ratio of 0.45.
| Current Ratio | 1.57 |
| Quick Ratio | 1.38 |
| Debt / Equity | 0.45 |
| Debt / EBITDA | 2.18 |
| Debt / FCF | 9.15 |
| Interest Coverage | 7.42 |
Financial Efficiency
Return on equity (ROE) is 11.77% and return on invested capital (ROIC) is 7.07%.
| Return on Equity (ROE) | 11.77% |
| Return on Assets (ROA) | 5.96% |
| Return on Capital (ROIC) | 7.07% |
| Revenue Per Employee | $734,978 |
| Profits Per Employee | $139,279 |
| Employee Count | 3,600 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, NE has paid $11.32 million in taxes.
| Income Tax | 11.32M |
| Effective Tax Rate | 2.21% |
Stock Price Statistics
The stock price has decreased by -28.01% in the last 52 weeks. The beta is 1.00, so NE's price volatility has been similar to the market average.
| Beta (5Y) | 1.00 |
| 52-Week Price Change | -28.01% |
| 50-Day Moving Average | 34.55 |
| 200-Day Moving Average | 41.94 |
| Relative Strength Index (RSI) | 47.52 |
| Average Volume (20 Days) | 2,289,913 |
Short Selling Information
The latest short interest is 10.47 million, so 6.53% of the outstanding shares have been sold short.
| Short Interest | 10.47M |
| Short Previous Month | 10.57M |
| Short % of Shares Out | 6.53% |
| Short % of Float | 6.64% |
| Short Ratio (days to cover) | 5.23 |
Income Statement
In the last 12 months, NE had revenue of $2.65 billion and earned $501.41 million in profits. Earnings per share was $3.40.
| Revenue | 2.65B |
| Gross Profit | 1.11B |
| Operating Income | 633.94M |
| Pretax Income | 629.89M |
| Net Income | 501.41M |
| EBITDA | 946.40M |
| EBIT | 633.94M |
| Earnings Per Share (EPS) | $3.40 |
Balance Sheet
The company has $391.86 million in cash and $2.11 billion in debt, giving a net cash position of -$1.72 billion or -$10.71 per share.
| Cash & Cash Equivalents | 391.86M |
| Total Debt | 2.11B |
| Net Cash | -1.72B |
| Net Cash Per Share | -$10.71 |
| Equity (Book Value) | 4.68B |
| Book Value Per Share | 29.22 |
| Working Capital | 510.23M |
Cash Flow
In the last 12 months, operating cash flow was $806.75 million and capital expenditures -$576.10 million, giving a free cash flow of $230.65 million.
| Operating Cash Flow | 806.75M |
| Capital Expenditures | -576.10M |
| Free Cash Flow | 230.65M |
| FCF Per Share | $1.44 |
Margins
Gross margin is 42.04%, with operating and profit margins of 23.96% and 18.95%.
| Gross Margin | 42.04% |
| Operating Margin | 23.96% |
| Pretax Margin | 19.38% |
| Profit Margin | 18.95% |
| EBITDA Margin | 35.77% |
| EBIT Margin | 23.96% |
| FCF Margin | 4.27% |
Dividends & Yields
This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 5.96%.
| Dividend Per Share | $2.00 |
| Dividend Yield | 5.96% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | 58.89% |
| Buyback Yield | -1.56% |
| Shareholder Yield | 4.40% |
| Earnings Yield | 9.32% |
| FCF Yield | 4.29% |
Analyst Forecast
The average price target for NE is $53.00, which is 57.93% higher than the current price. The consensus rating is "Buy".
| Price Target | $53.00 |
| Price Target Difference | 57.93% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
NE has an Altman Z-Score of 1.89 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.89 |
| Piotroski F-Score | 5 |