GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp (OTCPK:NEBLQ) » Definitions » Enterprise Value

Noble (NEBLQ) Enterprise Value : $13.3 Mil (As of May. 06, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Noble Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble's Enterprise Value is $13.3 Mil. Noble's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $2.0 Mil. Therefore, Noble's EV-to-EBIT ratio for today is 6.71.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Noble's Enterprise Value is $13.3 Mil. Noble's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 was $82.6 Mil. Therefore, Noble's EV-to-EBITDA ratio for today is 0.16.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Noble's Enterprise Value is $13.3 Mil. Noble's Revenue for the trailing twelve months (TTM) ended in Jun. 2022 was $735.8 Mil. Therefore, Noble's EV-to-Revenue ratio for today is 0.02.


Noble Enterprise Value Historical Data

The historical data trend for Noble's Enterprise Value 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 Enterprise Value Chart

Noble Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,164.62 4,550.17 4,041.41 3,661.84 -

Noble Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Noble's Enterprise Value

For the Oil & Gas Drilling subindustry, Noble's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Noble's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Noble's Enterprise Value falls into.



Noble Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Noble's Enterprise Value for the fiscal year that ended in Dec. 2021 is calculated as

Noble's Enterprise Value for the quarter that ended in Jun. 2022 is calculated as

* 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.


Noble  (OTCPK:NEBLQ) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Noble's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13.282/1.979
=6.71

Noble's current Enterprise Value is $13.3 Mil.
Noble's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.0 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Noble's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=13.282/82.574
=0.16

Noble's current Enterprise Value is $13.3 Mil.
Noble's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $82.6 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Noble's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=13.282/735.754
=0.02

Noble's current Enterprise Value is $13.3 Mil.
Noble's Revenue for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $735.8 Mil.

* 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.


Noble Enterprise Value Related Terms

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


Noble (NEBLQ) Business Description

Traded in Other Exchanges
N/A
Address
13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478
Noble Holding Corp PLC is an offshore drilling contractor for the oil and gas industry. The company operates under one segment namely, Contract Drilling Services. The fleet consists of around 19 drilling rigs consisted of 7 floaters and 12 jackups. Its geographical segments are Australia, Canada, Denmark, Guyana, Myanmar, Qatar, Saudi Arabia, Malaysia, Trinidad & Tobago, United Kingdom, United States, and other countries.
Executives
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
Laura D. Campbell officer: VP, CAO & Controller 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
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
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
Roger W. Jenkins director 200 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Gordon T Hall director 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411