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Noble (NE) EV-to-FCF : 28.86 (As of Dec. 14, 2024)


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What is Noble EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Noble's Enterprise Value is $6,656 Mil. Noble's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 was $231 Mil. Therefore, Noble's EV-to-FCF for today is 28.86.

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: 25.97   Med: 56.86   Max: 5922.06
Current: 28.86

During the past 4 years, the highest EV-to-FCF of Noble was 5922.06. The lowest was 25.97. And the median was 56.86.

NE's EV-to-FCF is ranked worse than
77.81% of 622 companies
in the Oil & Gas industry
Industry Median: 11.85 vs NE: 28.86

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 (2024-12-14), Noble's stock price is $30.92. Noble's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $3.430. Therefore, Noble's PE Ratio (TTM) for today is 9.01.


Noble EV-to-FCF Historical Data

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.

* Premium members only.

Noble EV-to-FCF Chart

Noble Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-FCF
- - 49.46 42.52

Noble Quarterly Data
Dec20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.97 42.52 28.89 59.98 32.01

Competitive Comparison of Noble's EV-to-FCF

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's EV-to-FCF Distribution in the 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 EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6655.875/230.647
=28.86

Noble's current Enterprise Value is $6,656 Mil.
Noble's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $231 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-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 PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=30.92/3.430
=9.01

Noble's share price for today is $30.92.
Noble's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.430.

* 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

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


Noble Business Description

Traded in Other Exchanges
Address
13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478
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.
Executives
Joey M Kawaja officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Apmh Invest A/s 10 percent owner ESPLANADEN 50, COPENHAGEN G7 1263
Blake Denton officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Richard B. Barker officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Caroline Alting officer: See Remarks C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Noble Corp Plc officer: VP & Chief Accounting Officer 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Robert W. Eifler director, officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Jennie Howard officer: SVP, Gen. Counsel & Corp. Sec. 13135 DAIRY ASHFORD ROAD, SUGAR LAND TX 77478
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mikkel Ipsen officer: See Remarks C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Kristin Holth director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Claus Hemmingsen director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Alastair Maxwell director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Charles M Sledge director 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345
Laura D. Campbell officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478