NOV:NYE-National Oilwell Varco Inc. (USD)

EQUITY | Oil & Gas Equipment & Services | New York Stock Exchange

Last Closing

USD 18.5

Change

+0.03 (+0.16)%

Market Cap

USD 13.60B

Volume

2.19M

Analyst Target

USD 13.60
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

National Oilwell Varco Inc is a provider in the design, manufacture and sale of equipment and components used in oil and gas drilling, completion and production operations, and the provision of oilfield services to the upstream oil and gas industry.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-18 )

Largest Industry Peers for Oil & Gas Equipment & Services

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TDW Tidewater Inc

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VAL Valaris Ltd

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LBRT Liberty Oilfield Services Inc

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WHD Cactus Inc

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AESI Atlas Energy Solutions Inc.

-0.24 (-1.08%)

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AROC Archrock Inc

+0.31 (+1.62%)

USD 2.99B

ETFs Containing NOV

V0IH:XETRA VanEck Oil Services ETF A.. 4.94 % 0.00 %

N/A

USD 0.02B
OIH:SW VanEck Oil Services ETF A.. 4.94 % 0.00 %

N/A

USD 0.02B
JHSC John Hancock Multifactor .. 0.65 % 0.50 %

N/A

USD 0.42B
MUSC:CA Manulife Multifactor U.S... 0.63 % 0.62 %

N/A

CAD 3.66M
DIVC 0.00 % 0.00 %

N/A

N/A
FXN First Trust Energy AlphaD.. 0.00 % 0.63 %

-0.37 (0.00%)

USD 0.63B
IEZ iShares U.S. Oil Equipmen.. 0.00 % 0.42 %

-0.36 (0.00%)

USD 0.30B
OIH VanEck Oil Services ETF 0.00 % 0.35 %

-4.56 (0.00%)

USD 2.30B
XES SPDR® S&P Oil & Gas Equi.. 0.00 % 0.35 %

-1.18 (0.00%)

USD 0.34B

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Equipment & Services) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -8.78% 17% F 20% F
Dividend Return 0.25% 13% F 12% F
Total Return -8.53% 17% F 18% F
Trailing 12 Months  
Capital Gain 0.22% 34% F 43% F
Dividend Return 0.81% 14% F 9% A-
Total Return 1.03% 37% F 34% F
Trailing 5 Years  
Capital Gain -31.41% 41% F 19% F
Dividend Return 2.41% 31% F 7% C-
Total Return -29.00% 41% F 14% F
Average Annual (5 Year Horizon)  
Capital Gain 3.54% 23% F 55% F
Dividend Return 4.21% 23% F 48% F
Total Return 0.66% 50% F 16% F
Risk Return Profile  
Volatility (Standard Deviation) 34.58% 86% B+ 31% F
Risk Adjusted Return 12.17% 23% F 37% F
Market Capitalization 13.60B 89% A- 82% B

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Equipment & Services) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 8.20 86% 82%
Price/Book Ratio 1.31 67% 58%
Price / Cash Flow Ratio 56.72 8% 3%
Price/Free Cash Flow Ratio 9.62 36% 44%
Management Effectiveness  
Return on Equity 17.32% 57% 77%
Return on Invested Capital 13.88% 67% 76%
Return on Assets 4.09% 43% 65%
Debt to Equity Ratio 27.76% 61% 75%

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 compared to earnings

The stock is trading low compared to its peers on a price to earning 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.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

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.

Poor return on assets

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

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.

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.

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 Revenue Growth

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