NOV (MEX:NOV) Minority Interest: MXN1,009.83 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:NOV NOV Inc MEX:NOV
73 GF Score
Price MXN313.00
GF Value MXN285.32
! 9 Warning Signs
View Full Analysis

What is NOV Minority Interest?

NOV MEX:NOV 73 Minority Interest is MXN1,009.83 Mil as of Mar. 2026. GuruFocus rates MEX:NOV with a GF Score™ of 73/100 and a GF Value™ of MXN285.32. The stock has 9 warning signs investors should review.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

NOV's minority interest for the quarter that ended in Mar. 2026 was MXN1,009.83 Mil.

NOV Minority Interest Historical Data

* Premium members only.

The historical data trend for NOV's Minority Interest 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.

NOV Minority Interest Chart

NOV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,374.44 740.85 1,256.09 1,084.50 972.31

NOV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Minority Interest 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 1,104.74 1,016.78 1,045.62 972.31 1,009.83
MEX:NOV
73GF Score
NOV Inc MEX:NOV
Minority Interest is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NOV Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of MXN1,009.83 Mil mean?
NOV (MEX:NOV) has a Minority Interest of MXN1,009.83 Mil as of Mar. 2026. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on NOV.
Is NOV's Minority Interest too high?
NOV's current Minority Interest is MXN1,009.83 Mil. Overall, NOV has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Minority Interest compare to WFRD and AROC?
NOV's Minority Interest of MXN1,009.83 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Minority Interest for an Oil & Gas company?
A good Minority Interest depends on the Oil & Gas industry context. However, Minority Interest should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on NOV. NOV's current Minority Interest is MXN1,009.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOV stock overvalued right now?
NOV (MEX:NOV) has a current Minority Interest of MXN1,009.83 Mil. The stock's GF Value™ is MXN285.32, compared to a current price of MXN313.00 — trading 9.7% above its estimated fair value. The current Minority Interest is MXN1,009.83 Mil. NOV's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For NOV (MEX:NOV), the current Minority Interest is MXN1,009.83 Mil as of Mar. 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 NOV (MEX:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, NOV stock appears to be overvalued. The current stock price of MXN313.00 is trading 9.7% above its estimated GF Value™ of MXN285.32.

Key valuation signals for MEX:NOV:

  • Minority Interest: MXN1,009.83 Mil
  • GF Value™: MXN285.32 vs. price of MXN313.00 (9.7% above fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the MEX:NOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NOV Business Description

Industry EnergyOil & Gas
Address 10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.
73GF Score

Get the complete analysis for MEX:NOV

Minority Interest is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN313.00
Price
MXN285.32
GF Value