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NobleNE +2.42%63 5-Year Yield-on-Cost % is 4.31 as of Aug. 20, 2026, which is 9% below its 10-year median of 4.74. 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 500 Oil & Gas companies, Noble ranks worse than 53% on this metric.
Noble's yield on cost for the quarter that ended in Jun. 2026 was 4.31.
The historical rank and industry rank for Noble's 5-Year Yield-on-Cost % or its related term are showing as below:
NE'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.6 Med: 4.74 Max: 10.32
Current: 4.31
During the past 6 years, Noble's highest Yield on Cost was 10.32. The lowest was 0.60. And the median was 4.74.
NE's 5-Year Yield-on-Cost % is ranked worse than 53% of 500
companies
in the Oil & Gas industry
Industry Median: 4.73
vs NE: 4.31
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Noble 5-Year Yield-on-Cost % Related Terms
NE vs RIG, VAL, PTEN: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Drilling subindustry, Noble's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Noble's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Noble's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Noble is calculated as
Noble (NE) has a 5-Year Yield-on-Cost % of 4.31 as of Aug. 20, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Noble and its competitors. This is near median its historical median of 4.74. Over the past decade, Noble's 5-Year Yield-on-Cost % has ranged from 0.60 to 10.32. According to the industry distribution chart, Noble ranks #265 out of 500 companies in the Oil & Gas industry, placing it in the top 53%.
Is Noble's 5-Year Yield-on-Cost % too high?
Noble's current 5-Year Yield-on-Cost % of 4.31 is near median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 10.32. The Oil & Gas industry median 5-Year Yield-on-Cost % is 4.73. Noble's value of 4.31 is 8.9% below this industry median. Based on the distribution chart, Noble ranks #265 out of 500 companies in the Oil & Gas industry, which is below 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 5-Year Yield-on-Cost % compare to RIG and VAL?
According to the Oil & Gas industry distribution chart, Noble ranks #265 out of 500 companies for 5-Year Yield-on-Cost %. This places Noble in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 4.73. Noble's value of 4.31 is 8.9% below this benchmark. Historically, Noble's own 5-Year Yield-on-Cost % has ranged from 0.60 to 10.32 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 4.73, Noble has consistently been below 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 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 4.73, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noble's current 5-Year Yield-on-Cost % of 4.31 is 8.9% below 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Noble and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble's current 5-Year Yield-on-Cost % is 4.31, which is near median its own 10-year median of 4.74. 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 5-Year Yield-on-Cost % is 4.31, which is near median its 10-year median of 4.74 and 8.9% below the Oil & Gas industry median of 4.73. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Noble (NE), the current 5-Year Yield-on-Cost % is 4.31 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:
5-Year Yield-on-Cost %: 4.31 (near median its 10-year median of 4.74)
GF Value™: $38.67 vs. price of $46.98 (21.5% above fair value)
Industry Position: 8.9% below the Oil & Gas median (#265 of 500)
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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