EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble's Enterprise Value is $7,065 Mil.
Noble's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $574 Mil. Therefore, Noble's EV-to-EBIT for today is 12.30.
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 Range Over the Past 10 Years
Min: 11.28 Med: 16.37 Max: 59.77
Current: 12.3
During the past 4 years, the highest EV-to-EBIT of Noble was 59.77. The lowest was 11.28. And the median was 16.37.
NE's EV-to-EBIT is ranked worse than 69.07% of 734
companies
in the Oil & Gas industry
Industry Median: 8.585
vs NE: 12.30
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 Annual Data
Trend
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
-
-
22.52
12.26
Noble Quarterly Data
Dec20
Sep21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBIT
22.52
15.38
14.56
12.91
12.26
Competitive Comparison
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 EV-to-EBIT Distribution
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's current Enterprise Value is $7,065 Mil.
Noble's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $574 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 (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.
Noble's Enterprise Value for the quarter that ended in Dec. 2023 was $7,005 Mil.
Noble's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $574 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 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 Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NE has been successfully added to your 