Noble Corporation Statistics
Total Valuation
NE has a market cap or net worth of $6.11 billion. The enterprise value is $6.65 billion.
| Market Cap | 6.11B |
| Enterprise Value | 6.65B |
Important Dates
The next estimated earnings date is Tuesday, October 29, 2024, after market close.
| Earnings Date | Oct 29, 2024 |
| Ex-Dividend Date | Sep 12, 2024 |
Share Statistics
NE has 167.28 million shares outstanding. The number of shares has increased by 11.12% in one year.
| Shares Outstanding | 167.28M |
| Shares Change (YoY) | +11.12% |
| Shares Change (QoQ) | +0.57% |
| Owned by Insiders (%) | 1.52% |
| Owned by Institutions (%) | 79.74% |
| Float | 164.74M |
Valuation Ratios
The trailing PE ratio is 8.85 and the forward PE ratio is 10.06.
| PE Ratio | 8.85 |
| Forward PE | 10.06 |
| PS Ratio | 2.05 |
| Forward PS | 2.08 |
| PB Ratio | 1.33 |
| P/FCF Ratio | 54.65 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.09, with an EV/FCF ratio of 58.70.
| EV / Earnings | 11.12 |
| EV / Sales | 2.61 |
| EV / EBITDA | 7.09 |
| EV / EBIT | 9.99 |
| EV / FCF | 58.70 |
Financial Position
The company has a current ratio of 1.55, with a Debt / Equity ratio of 0.16.
| Current Ratio | 1.55 |
| Quick Ratio | 1.40 |
| Debt / Equity | 0.16 |
| Debt / EBITDA | 0.65 |
| Debt / FCF | 5.49 |
| Interest Coverage | 11.65 |
Financial Efficiency
Return on equity (ROE) is 15.54% and return on invested capital (ROIC) is 9.34%.
| Return on Equity (ROE) | 15.54% |
| Return on Assets (ROA) | 7.72% |
| Return on Capital (ROIC) | 9.34% |
| Revenue Per Employee | $709,272 |
| Profits Per Employee | $166,253 |
| Employee Count | 3,600 |
| Asset Turnover | 0.47 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, NE has paid $31.38 million in taxes.
| Income Tax | 31.38M |
| Effective Tax Rate | 4.98% |
Stock Price Statistics
The stock price has decreased by -30.82% in the last 52 weeks. The beta is 0.98, so NE's price volatility has been similar to the market average.
| Beta (5Y) | 0.98 |
| 52-Week Price Change | -30.82% |
| 50-Day Moving Average | 40.52 |
| 200-Day Moving Average | 44.26 |
| Relative Strength Index (RSI) | 46.85 |
| Average Volume (20 Days) | 2,935,828 |
Short Selling Information
The latest short interest is 9.81 million, so 5.87% of the outstanding shares have been sold short.
| Short Interest | 9.81M |
| Short Previous Month | 10.59M |
| Short % of Shares Out | 5.87% |
| Short % of Float | 5.96% |
| Short Ratio (days to cover) | 5.96 |
Income Statement
In the last 12 months, NE had revenue of $2.55 billion and earned $598.51 million in profits. Earnings per share was $4.13.
| Revenue | 2.55B |
| Gross Profit | 1.10B |
| Operating Income | 665.80M |
| Pretax Income | 629.89M |
| Net Income | 598.51M |
| EBITDA | 938.46M |
| EBIT | 665.80M |
| Earnings Per Share (EPS) | $4.13 |
Balance Sheet
The company has $162.85 million in cash and $622.05 million in debt, giving a net cash position of -$459.20 million or -$2.75 per share.
| Cash & Cash Equivalents | 162.85M |
| Total Debt | 622.05M |
| Net Cash | -459.20M |
| Net Cash Per Share | -$2.75 |
| Equity (Book Value) | 3.99B |
| Book Value Per Share | 27.89 |
| Working Capital | 349.87M |
Cash Flow
In the last 12 months, operating cash flow was $661.74 million and capital expenditures -$548.39 million, giving a free cash flow of $113.35 million.
| Operating Cash Flow | 661.74M |
| Capital Expenditures | -548.39M |
| Free Cash Flow | 113.35M |
| FCF Per Share | $0.68 |
Margins
Gross margin is 43.07%, with operating and profit margins of 26.08% and 23.44%.
| Gross Margin | 43.07% |
| Operating Margin | 26.08% |
| Pretax Margin | 24.67% |
| Profit Margin | 23.44% |
| EBITDA Margin | 36.75% |
| EBIT Margin | 26.08% |
| FCF Margin | 4.27% |
Dividends & Yields
This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 5.48%.
| Dividend Per Share | $2.00 |
| Dividend Yield | 5.48% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 1 |
| Payout Ratio | 48.45% |
| Buyback Yield | -11.12% |
| Shareholder Yield | -5.66% |
| Earnings Yield | 9.66% |
| FCF Yield | 1.83% |
Analyst Forecast
The average price target for NE is $55.00, which is 50.60% higher than the current price. The consensus rating is "Buy".
| Price Target | $55.00 |
| Price Target Difference | 50.60% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | 5.67% |
| 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 3.58 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.58 |
| Piotroski F-Score | 5 |