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NobleNE -9.07%63 EV-to-FCF is 16.92 as of Jul. 29, 2026, which is 58% below its 10-year median of 39.86. GuruFocus rates NE with a GF Score™ of 63/100 and a GF Value™ of $40.91 (Fairly Valued). The stock has 6 warning signs investors should review. Among 582 Oil & Gas companies, Noble ranks worse than 54.12% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Noble's Enterprise Value is $7,513 Mil.
Noble's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $444 Mil. Therefore, Noble's EV-to-FCF for today is 16.92.
The historical rank and industry rank for Noble's EV-to-FCF or its related term are showing as below:
NE'
s EV-to-FCF Range Over the Past 10 Years
Min: 14.14 Med: 39.86 Max: 5922.06
Current: 16.92
During the past 6 years, the highest EV-to-FCF of Noble was 5922.06. The lowest was 14.14. And the median was 39.86.
NE's EV-to-FCF is ranked worse than 54.12% of 582
companies
in the Oil & Gas industry
Industry Median: 15.835
vs NE: 16.92
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-29), Noble's stock price is $39.20.
Noble's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.430. Therefore, Noble's PE Ratio (TTM) for today is 27.41.
Noble (NYSE:NE) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Noble's share price for today is $39.20.
Noble's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.430.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Noble EV-to-FCF Related Terms
Noble EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Noble's EV-to-FCF 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.
For the Oil & Gas Drilling subindustry, Noble's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Noble's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Noble's EV-to-FCF falls into.
Noble's current Enterprise Value is $7,513 Mil.
Noble's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $444 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 (NE) has a EV-to-FCF of 16.92 as of Jul. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Noble and its competitors. This is 58% below median its historical median of 39.86. Over the past decade, Noble's EV-to-FCF has ranged from 14.14 to 5,922.06. According to the industry distribution chart, Noble ranks #315 out of 582 companies in the Oil & Gas industry, placing it in the top 54.1%.
Is Noble's EV-to-FCF too high?
Noble's current EV-to-FCF of 16.92 is 58% below median its 10-year median of 39.86. Over the past 10 years, this metric has ranged from a low of 14.14 to a high of 5,922.06. The Oil & Gas industry median EV-to-FCF is 15.84. Noble's value of 16.92 is 6.9% above this industry median. Based on the distribution chart, Noble ranks #315 out of 582 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Noble has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noble's EV-to-FCF compare to RIG and VAL?
According to the Oil & Gas industry distribution chart, Noble ranks #315 out of 582 companies for EV-to-FCF. This places Noble in the lower half of its industry. The industry median EV-to-FCF is 15.84. Noble's value of 16.92 is 6.9% above this benchmark. Historically, Noble's own EV-to-FCF has ranged from 14.14 to 5,922.06 over the past decade. While the company's 10-year median is 39.86 vs. the industry median of 15.84, Noble has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.84, based on 582 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noble's current EV-to-FCF of 16.92 is 6.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Noble and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble's current EV-to-FCF is 16.92, which is 58% below median its own 10-year median of 39.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble stock overvalued right now?
Based on GuruFocus' analysis, Noble (NE) is currently considered Fairly Valued. The stock's GF Value™ is $40.91, compared to a current price of $39.20 — trading 4.2% below its estimated fair value. The current EV-to-FCF is 16.92, which is 58% below median its 10-year median of 39.86 and 6.9% above the Oil & Gas industry median of 15.84. Noble's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Noble (NE), the current EV-to-FCF is 16.92 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Noble (NE) Overvalued in 2026?
Based on GuruFocus' analysis, Noble stock appears to be undervalued.
The current stock price of $39.20 is trading 4.2% below its estimated GF Value™ of $40.91.
GuruFocus considers Noble to be Fairly Valued.
Key valuation signals for NE:
EV-to-FCF: 16.92 (58% below median its 10-year median of 39.86)
GF Value™: $40.91 vs. price of $39.20 (4.2% below fair value)
Industry Position: 6.9% above the Oil & Gas median (#315 of 582)
No single metric tells the full story. See the NE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 on deploying its drilling rigs in oil and gas basins around the world. The mobile offshore drilling units comprising the offshore rig fleet operate in international markets for contract drilling services and are often redeployed to different regions due to changing customer demand, which consists mainly of large, integrated, independent, and government-owned or controlled oil and gas companies throughout the world.
63GF Score
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