NABORS INDUSTRIES LTD (NBR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NBR - BMG6359F1370 - Common Stock
58.42 USD
+1.51 (+2.65%)
58.5402 USD
+0.12 (+0.21%)
NBR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. NBR has a medium profitability rating, but doesn't score so well on its financial health evaluation. NBR does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year NBR has reported negative net income.
In the past year NBR had a positive cash flow from operations.
NBR had negative earnings in each of the past 5 years.
In the past 5 years NBR always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 3.77%, NBR perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
NBR's Return On Equity of 31.44% is amongst the best of the industry. NBR outperforms 95.00% of its industry peers.
NBR has a Return On Invested Capital (4.70%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for NBR is below the industry average of 7.66%.
The last Return On Invested Capital (4.70%) for NBR is above the 3 year average (3.54%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.77% | ||
| ROE | 31.44% | ||
| ROIC | 4.7% |
ROA(3y)-4.38%
ROA(5y)-7.78%
ROE(3y)-88.52%
ROE(5y)-87.38%
ROIC(3y)3.54%
ROIC(5y)N/A
1.3 Margins
NBR's Profit Margin of 5.85% is in line compared to the rest of the industry. NBR outperforms 55.00% of its industry peers.
NBR has a Operating Margin (7.93%) which is in line with its industry peers.
Looking at the Gross Margin, with a value of 40.28%, NBR belongs to the top of the industry, outperforming 81.67% of the companies in the same industry.
In the last couple of years the Gross Margin of NBR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.93% | ||
| PM (TTM) | 5.85% | ||
| GM | 40.28% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.82%
GM growth 5Y2.06%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NBR is destroying value.
NBR has more shares outstanding than it did 1 year ago.
NBR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NBR has an improved debt to assets ratio.
2.2 Solvency
NBR has an Altman-Z score of 0.58. This is a bad value and indicates that NBR is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.58, NBR is not doing good in the industry: 78.33% of the companies in the same industry are doing better.
NBR has a Debt/Equity ratio of 4.05. This is a high value indicating a heavy dependency on external financing.
NBR has a Debt to Equity ratio of 4.05. This is amonst the worse of the industry: NBR underperforms 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.05 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.58 |
ROIC/WACC0.59
WACC7.91%
2.3 Liquidity
A Current Ratio of 2.09 indicates that NBR has no problem at all paying its short term obligations.
NBR has a Current ratio (2.09) which is in line with its industry peers.
A Quick Ratio of 1.93 indicates that NBR should not have too much problems paying its short term obligations.
NBR's Quick ratio of 1.93 is fine compared to the rest of the industry. NBR outperforms 71.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.93 |
3. Growth
3.1 Past
The earnings per share for NBR have decreased by -4.78% in the last year.
The Revenue has been growing slightly by 6.52% in the past year.
NBR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.76% yearly.
EPS 1Y (TTM)-4.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-122.41%
Revenue 1Y (TTM)6.52%
Revenue growth 3Y13.25%
Revenue growth 5Y-0.76%
Sales Q2Q%11.06%
3.2 Future
Based on estimates for the next years, NBR will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.42% on average per year.
The Revenue is expected to grow by 4.82% on average over the next years.
EPS Next Y101.09%
EPS Next 2Y27.11%
EPS Next 3Y22.97%
EPS Next 5Y18.42%
Revenue Next Year7.63%
Revenue Next 2Y3.79%
Revenue Next 3Y4.2%
Revenue Next 5Y4.82%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
NBR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NBR. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NBR is valued cheaper than 98.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.08 |
4.3 Compensation for Growth
NBR's earnings are expected to grow with 22.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y27.11%
EPS Next 3Y22.97%
5. Dividend
5.1 Amount
No dividends for NBR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
58.42
+1.51 (+2.65%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners101.9%
Inst Owner Change8.02%
Ins Owners4.37%
Ins Owner Change1.4%
Market Cap850.60M
Revenue(TTM)3.12B
Net Income(TTM)182.26M
Analysts49.33
Price Target52.15 (-10.73%)
Short Float %14.17%
Short Ratio5.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.01
Dividend Growth(5Y)-73.53%
DP3.32%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-339.45%
Min EPS beat(2)-526.79%
Max EPS beat(2)-152.11%
EPS beat(4)1
Avg EPS beat(4)-198.87%
Min EPS beat(4)-526.79%
Max EPS beat(4)171.33%
EPS beat(8)1
Avg EPS beat(8)-162.59%
EPS beat(12)2
Avg EPS beat(12)-727.24%
EPS beat(16)3
Avg EPS beat(16)-550.69%
Revenue beat(2)0
Avg Revenue beat(2)-2.49%
Min Revenue beat(2)-2.57%
Max Revenue beat(2)-2.41%
Revenue beat(4)1
Avg Revenue beat(4)-0.96%
Min Revenue beat(4)-2.57%
Max Revenue beat(4)2.22%
Revenue beat(8)2
Avg Revenue beat(8)-1%
Revenue beat(12)3
Avg Revenue beat(12)-1.1%
Revenue beat(16)6
Avg Revenue beat(16)-0.75%
PT rev (1m)20.65%
PT rev (3m)31.17%
EPS NQ rev (1m)-0.67%
EPS NQ rev (3m)-69.82%
EPS NY rev (1m)104.48%
EPS NY rev (3m)104.33%
Revenue NQ rev (1m)-1.57%
Revenue NQ rev (3m)-1.57%
Revenue NY rev (1m)-0.56%
Revenue NY rev (3m)-2.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.27 | ||
| P/FCF | N/A | ||
| P/OCF | 1.43 | ||
| P/B | 1.47 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 3.08 |
EPS(TTM)-16.43
EYN/A
EPS(NY)-7.55
Fwd EYN/A
FCF(TTM)-11.37
FCFYN/A
OCF(TTM)40.96
OCFY70.11%
SpS214.08
BVpS39.82
TBVpS39.82
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.77% | ||
| ROE | 31.44% | ||
| ROCE | 5.95% | ||
| ROIC | 4.7% | ||
| ROICexc | 5.24% | ||
| ROICexgc | 5.24% | ||
| OM | 7.93% | ||
| PM (TTM) | 5.85% | ||
| GM | 40.28% | ||
| FCFM | N/A |
ROA(3y)-4.38%
ROA(5y)-7.78%
ROE(3y)-88.52%
ROE(5y)-87.38%
ROIC(3y)3.54%
ROIC(5y)N/A
ROICexc(3y)4.37%
ROICexc(5y)N/A
ROICexgc(3y)4.37%
ROICexgc(5y)N/A
ROCE(3y)4.47%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.82%
GM growth 5Y2.06%
F-Score7
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.05 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.63 | ||
| Cap/Depr | 117.87% | ||
| Cap/Sales | 24.44% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 66.73% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.93 | ||
| Altman-Z | 0.58 |
F-Score7
WACC7.91%
ROIC/WACC0.59
Cap/Depr(3y)76.54%
Cap/Depr(5y)57.36%
Cap/Sales(3y)17.15%
Cap/Sales(5y)14.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-122.41%
EPS Next Y101.09%
EPS Next 2Y27.11%
EPS Next 3Y22.97%
EPS Next 5Y18.42%
Revenue 1Y (TTM)6.52%
Revenue growth 3Y13.25%
Revenue growth 5Y-0.76%
Sales Q2Q%11.06%
Revenue Next Year7.63%
Revenue Next 2Y3.79%
Revenue Next 3Y4.2%
Revenue Next 5Y4.82%
EBIT growth 1Y-1.66%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year256.63%
EBIT Next 3Y58.59%
EBIT Next 5Y43.32%
FCF growth 1Y-211.96%
FCF growth 3Y-58.66%
FCF growth 5Y-44.51%
OCF growth 1Y-9.08%
OCF growth 3Y10.68%
OCF growth 5Y-3.21%
NABORS INDUSTRIES LTD / NBR FAQ
What is the ChartMill fundamental rating of NABORS INDUSTRIES LTD (NBR) stock?
ChartMill assigns a fundamental rating of 3 / 10 to NBR.
What is the valuation status for NBR stock?
ChartMill assigns a valuation rating of 1 / 10 to NABORS INDUSTRIES LTD (NBR). This can be considered as Overvalued.
How profitable is NABORS INDUSTRIES LTD (NBR) stock?
NABORS INDUSTRIES LTD (NBR) has a profitability rating of 5 / 10.
Can you provide the expected EPS growth for NBR stock?
The Earnings per Share (EPS) of NABORS INDUSTRIES LTD (NBR) is expected to grow by 101.09% in the next year.
How sustainable is the dividend of NABORS INDUSTRIES LTD (NBR) stock?
The dividend rating of NABORS INDUSTRIES LTD (NBR) is 0 / 10 and the dividend payout ratio is 3.32%.