NBR:NYE-Nabors Industries Ltd. (USD)

EQUITY | Oil & Gas Drilling | New York Stock Exchange

Last Closing

USD 60.89

Change

-4.25 (-6.52)%

Market Cap

USD 4.01B

Volume

0.23M

Analyst Target

USD 27.71
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Nabors Industries Ltd owns and operates land-based drilling rig fleet. It provides offshore platform workover and drilling rigs in the United States and international markets.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-14 )

Largest Industry Peers for Oil & Gas Drilling

Symbol Name Price(Change) Market Cap
NE Noble Corporation plc

-0.08 (-0.18%)

USD 6.37B
RIG Transocean Ltd

-0.02 (-0.39%)

USD 4.59B
SDRL Seadrill Limited

-0.36 (-0.74%)

USD 3.40B
HP Helmerich and Payne Inc

+0.14 (+0.41%)

USD 3.37B
BORR Borr Drilling Ltd

-0.14 (-2.20%)

USD 1.74B
DO Diamond Offshore Drilling Inc

+0.15 (+0.99%)

USD 1.57B
PDS Precision Drilling Corporation

-0.93 (-1.38%)

USD 0.97B
ICD Independence Contract Drilling..

-0.10 (-7.09%)

USD 0.02B

ETFs Containing NBR

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Drilling) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -25.41% 22% F 7% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return -25.41% 22% F 6% D-
Trailing 12 Months  
Capital Gain -40.04% 22% F 6% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return -40.04% 22% F 6% D-
Trailing 5 Years  
Capital Gain -40.30% 13% F 13% F
Dividend Return 1.47% 33% F 4% F
Total Return -38.83% 13% F 11% F
Average Annual (5 Year Horizon)  
Capital Gain 51.64% 44% F 95% A
Dividend Return 51.82% 44% F 95% A
Total Return 0.17% 33% F 4% F
Risk Return Profile  
Volatility (Standard Deviation) 173.60% 56% F 4% F
Risk Adjusted Return 29.85% 22% F 52% F
Market Capitalization 4.01B 22% F 49% F

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Drilling) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A
Price/Book Ratio 2.30 11% 37%
Price / Cash Flow Ratio 1.01 78% 79%
Price/Free Cash Flow Ratio 2.95 89% 71%
Management Effectiveness  
Return on Equity -1.58% 44% 25%
Return on Invested Capital 5.98% 44% 48%
Return on Assets 3.43% 44% 59%
Debt to Equity Ratio 768.96% 11% 4%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector