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NobleNE +2.42%63 OCF Yield % is 11.76 as of Aug. 20, 2026, which is 1% below its 10-year median of 11.88. GuruFocus rates NE with a GF Score™ of 63/100 and a GF Value™ of $38.67 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,024 Oil & Gas companies, Noble ranks better than 57.62% on this metric.
OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.
Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Noble OCF Yield % Related Terms
Noble OCF Yield % Historical Data
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The historical data trend for Noble's OCF Yield % 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 OCF Yield %, along with its competitors' market caps and OCF Yield % 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 OCF Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Noble's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Noble's OCF Yield % falls into.
* 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 OCF Yield % of 11.76 as of Aug. 20, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Noble and its competitors. This is near median its historical median of 11.88. Over the past decade, Noble's OCF Yield % has ranged from 3.26 to 26.76. According to the industry distribution chart, Noble ranks #434 out of 1024 companies in the Oil & Gas industry, placing it in the top 42.4%.
Is Noble's OCF Yield % too high?
Noble's current OCF Yield % of 11.76 is near median its 10-year median of 11.88. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 26.76. The Oil & Gas industry median OCF Yield % is 9.31. Noble's value of 11.76 is 26.4% above this industry median. Based on the distribution chart, Noble ranks #434 out of 1024 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Noble has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noble's OCF Yield % compare to RIG and VAL?
According to the Oil & Gas industry distribution chart, Noble ranks #434 out of 1024 companies for OCF Yield %. This puts Noble in the upper half of its industry. The industry median OCF Yield % is 9.31. Noble's value of 11.76 is 26.4% above this benchmark. Historically, Noble's own OCF Yield % has ranged from 3.26 to 26.76 over the past decade. While the company's 10-year median is 11.88 vs. the industry median of 9.31, 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 OCF Yield % for an Oil & Gas company?
The median OCF Yield % among Oil & Gas companies is 9.31, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noble's current OCF Yield % of 11.76 is 26.4% 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Noble and its competitors. For the Oil & Gas industry, the median OCF Yield % is 9.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble's current OCF Yield % is 11.76, which is near median its own 10-year median of 11.88. 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 Modestly Overvalued. The stock's GF Value™ is $38.67, compared to a current price of $46.98 — trading 21.5% above its estimated fair value. The current OCF Yield % is 11.76, which is near median its 10-year median of 11.88 and 26.4% above the Oil & Gas industry median of 9.31. Noble's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Noble (NE), the current OCF Yield % is 11.76 as of Aug. 20, 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 overvalued.
The current stock price of $46.98 is trading 21.5% above its estimated GF Value™ of $38.67.
GuruFocus considers Noble to be Modestly Overvalued.
Key valuation signals for NE:
OCF Yield %: 11.76 (near median its 10-year median of 11.88)
GF Value™: $38.67 vs. price of $46.98 (21.5% above fair value)
Industry Position: 26.4% above the Oil & Gas median (#434 of 1024)
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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