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Noble (NE) EV-to-EBIT : (As of Apr. 26, 2024)


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What is Noble EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble's Enterprise Value is $1,983.4 Mil. Noble does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate Noble's EV-to-EBIT at this moment.

The historical rank and industry rank for Noble's EV-to-EBIT or its related term are showing as below:

NE's EV-to-EBIT is not ranked *
in the Oil & Gas industry.
Industry Median: 8.53
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Noble's Enterprise Value for the quarter that ended in . 20 was $0.0 Mil. Noble does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate Noble's Earnings Yield (Joel Greenblatt) % at this moment.


Noble EV-to-EBIT Historical Data

The historical data trend for Noble's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noble EV-to-EBIT Chart

Noble Annual Data
Trend
EV-to-EBIT

Noble Quarterly Data
EV-to-EBIT

Competitive Comparison of Noble's EV-to-EBIT

For the Oil & Gas Drilling subindustry, Noble's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noble's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Noble's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Noble's EV-to-EBIT falls into.



Noble EV-to-EBIT Calculation

Noble's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1983.351/
=


Noble  (NYSE:NE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Noble's Earnings Yield (Joel Greenblatt) % for the quarter that ended in . 20 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: . 20 ) =EBIT / Enterprise Value (Q: . 20 )
=/
= %


Noble EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Noble's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Noble (NE) Business Description

Traded in Other Exchanges
N/A
Address
13135 Dairy Ashford,, Suite 800, Sugar Land, TX, USA, 77478
Noble Corp is an offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 19 mobile offshore drilling units, consisting of 11 floaters and eight jackups focused largely on ultra-deepwater and high-specification jackup drilling opportunities. It operates in a single reportable segment, Contract Drilling Services.
Executives
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Laura D. Campbell officer: VP, CAO & Controller 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Richard B. Barker officer: Sr. VP & CFO 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Paul Aronzon director 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Charles M Sledge director 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345
Blake Denton officer: VP, Marketing & Contracts 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Melanie Montague Trent director 2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
Robert W. Eifler director, officer: President & CEO 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
William E Turcotte officer: Sr. VP, Gen Counsel & Corp Sec 1700 WEST LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Joey M Kawaja officer: VP, Operations 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Ann Darlene Pickard director 601 JEFFERSON STREET, HOUSTON TX 77002
Bartels Patrick J Jr director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Al J. Hirshberg director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Kevin S Corbett director 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Stephen M Butz officer: Executive VP & CFO C/O HERCULES OFFSHORE, INC., 9 GREENWAY PLAZA, SUITE 2200, HOUSTON TX 77046