NE:NYE-Noble Corporation (UK) (USD)

EQUITY | Oil & Gas Drilling | New York Stock Exchange

Last Closing

USD 43.02

Change

0.00 (0.00)%

Market Cap

USD 1.41B

Volume

1.93M

Analyst Target

USD 0.45
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Noble Corp PLC is an offshore drilling contractor for the oil and gas industry. It performs contract drilling services with its fleet of mobile offshore drilling units.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-15 )

Largest Industry Peers for Oil & Gas Drilling

Symbol Name Price(Change) Market Cap
RIG Transocean Ltd

N/A

USD 4.22B
SDRL Seadrill Limited

N/A

USD 3.40B
HP Helmerich and Payne Inc

N/A

USD 3.37B
BORR Borr Drilling Ltd

N/A

USD 1.60B
DO Diamond Offshore Drilling Inc

N/A

USD 1.58B
PDS Precision Drilling Corporation

N/A

USD 0.97B
NBR Nabors Industries Ltd

N/A

USD 0.64B
ICD Independence Contract Drilling..

N/A

USD 0.02B

ETFs Containing NE

OFOS OFOS 9.13 % 0.00 %

N/A

USD 8.59M
V0IH:XETRA VanEck Oil Services ETF A.. 5.45 % 0.00 %

N/A

USD 0.02B
OIH:SW VanEck Oil Services ETF A.. 5.45 % 0.00 %

N/A

USD 0.02B
IEZ iShares U.S. Oil Equipmen.. 3.92 % 0.42 %

N/A

USD 0.18B

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 -10.67% 56% F 16% F
Dividend Return 1.66% 50% F 53% F
Total Return -9.01% 56% F 17% F
Trailing 12 Months  
Capital Gain 11.28% 67% D+ 68% D+
Dividend Return 3.88% 50% F 57% F
Total Return 15.16% 67% D+ 69% C-
Trailing 5 Years  
Capital Gain 2,693.51% 100% F 99% N/A
Dividend Return 97.40% 100% F 100% F
Total Return 2,790.91% 100% F 99% N/A
Average Annual (5 Year Horizon)  
Capital Gain 23,181.08% 100% F 100% F
Dividend Return 23,181.48% 100% F 100% F
Total Return 0.39% 67% D+ 9% A-
Risk Return Profile  
Volatility (Standard Deviation) 44,259.70% 11% F N/A F
Risk Adjusted Return 52.38% 67% D+ 74% C
Market Capitalization 1.41B 100% F 79% B-

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 6.70 63% 62%
Price/Book Ratio 1.78 33% 46%
Price / Cash Flow Ratio 11.09 44% 35%
Price/Free Cash Flow Ratio 9.39 33% 45%
Management Effectiveness  
Return on Equity 12.32% 67% 66%
Return on Invested Capital 13.31% 89% 75%
Return on Assets 7.26% 100% 84%
Debt to Equity Ratio 14.95% 100% 84%

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:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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.

Superior Earnings Growth

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

Superior Revenue Growth

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

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

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

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

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