Noble Corporation Statistics
Total Valuation
NE has a market cap or net worth of $6.02 billion. The enterprise value is $6.51 billion.
Market Cap | 6.02B |
Enterprise Value | 6.51B |
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 8.71 and the forward PE ratio is 9.98.
PE Ratio | 8.71 |
Forward PE | 9.98 |
PS Ratio | 2.00 |
Forward PS | 2.03 |
PB Ratio | 1.30 |
P/FCF Ratio | 53.38 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.94, with an EV/FCF ratio of 57.43.
EV / Earnings | 10.88 |
EV / Sales | 2.55 |
EV / EBITDA | 6.94 |
EV / EBIT | 9.78 |
EV / FCF | 57.43 |
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 -29.78% 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 | -29.78% |
50-Day Moving Average | 40.19 |
200-Day Moving Average | 44.17 |
Relative Strength Index (RSI) | 44.83 |
Average Volume (20 Days) | 2,916,729 |
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 5.56%.
Dividend Per Share | $2.00 |
Dividend Yield | 5.56% |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | 1 |
Payout Ratio | 48.45% |
Buyback Yield | -11.12% |
Shareholder Yield | -5.59% |
Earnings Yield | 9.89% |
FCF Yield | 1.87% |
Analyst Forecast
The average price target for NE is $55.00, which is 52.95% higher than the current price. The consensus rating is "Buy".
Price Target | $55.00 |
Price Target Difference | 52.95% |
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 |