NABORS INDUSTRIES LTD (NBR)
BMG6359F1370 - Common Stock
NBR gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 65 industry peers in the Energy Equipment & Services industry. Both the profitability and financial health of NBR have multiple concerns. NBR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NBR has reported negative net income.
NBR had a positive operating cash flow in the past year.
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
NBR has a worse Return On Assets (-0.37%) than 69.23% of its industry peers.
The Return On Equity of NBR (-6.06%) is worse than 78.46% of its industry peers.
NBR has a Return On Invested Capital of 5.21%. This is in the lower half of the industry: NBR underperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.37% | ||
| ROE | -6.06% | ||
| ROIC | 5.21% |
ROA(3y)-6.37%
ROA(5y)-9.06%
ROE(3y)-70.55%
ROE(5y)-64.36%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of NBR (8.91%) is comparable to the rest of the industry.
NBR's Gross Margin of 40.44% is amongst the best of the industry. NBR outperforms 83.08% of its industry peers.
NBR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.91% | ||
| PM (TTM) | N/A | ||
| GM | 40.44% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.52%
GM growth 5Y2.73%
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.
Compared to 5 years ago, NBR has more shares outstanding
Compared to 1 year ago, NBR has a worse debt to assets ratio.
2.2 Solvency
NBR has an Altman-Z score of 0.42. This is a bad value and indicates that NBR is not financially healthy and even has some risk of bankruptcy.
NBR has a Altman-Z score of 0.42. This is in the lower half of the industry: NBR underperforms 75.38% of its industry peers.
NBR has a debt to FCF ratio of 32.38. This is a negative value and a sign of low solvency as NBR would need 32.38 years to pay back of all of its debts.
With a Debt to FCF ratio value of 32.38, NBR is not doing good in the industry: 64.62% of the companies in the same industry are doing better.
NBR has a Debt/Equity ratio of 7.69. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 7.69, NBR is not doing good in the industry: 90.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.69 | ||
| Debt/FCF | 32.38 | ||
| Altman-Z | 0.42 |
ROIC/WACC0.75
WACC6.91%
2.3 Liquidity
NBR has a Current Ratio of 1.36. This is a normal value and indicates that NBR is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of NBR (1.36) is worse than 75.38% of its industry peers.
NBR has a Quick Ratio of 1.23. This is a normal value and indicates that NBR is financially healthy and should not expect problems in meeting its short term obligations.
NBR has a Quick ratio of 1.23. This is in the lower half of the industry: NBR underperforms 67.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 87.59% over the past year.
Looking at the last year, NBR shows a quite strong growth in Revenue. The Revenue has grown by 13.28% in the last year.
Measured over the past years, NBR shows a decrease in Revenue. The Revenue has been decreasing by -0.34% on average per year.
EPS 1Y (TTM)87.59%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q65.69%
Revenue 1Y (TTM)13.28%
Revenue growth 3Y12.1%
Revenue growth 5Y-0.34%
Revenue growth Q2Q-4.51%
3.2 Future
NBR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 67.20% yearly.
The Revenue is expected to grow by 4.63% on average over the next years.
EPS Next Y63.6%
EPS Next 2Y87.02%
EPS Next 3Y67.2%
EPS Next 5YN/A
Revenue Next Year1.7%
Revenue Next 2Y4.63%
Revenue Next 3Y4.63%
Revenue Next 5YN/A
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.
Also next year NBR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| 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 95.38% of the companies in the same industry.
83.08% of the companies in the same industry are more expensive than NBR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.47 | ||
| EV/EBITDA | 3.04 |
4.3 Compensation for Growth
A more expensive valuation may be justified as NBR's earnings are expected to grow with 67.20% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y87.02%
EPS Next 3Y67.2%
5. Dividend
5.1 Amount
No dividends for NBR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NABORS INDUSTRIES LTD
NYSE:NBR (4/19/2024, 7:06:05 PM)
After market: 76.53 0 (0%)76.53
-0.51 (-0.66%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap724.74M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.37% | ||
| ROE | -6.06% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.91% | ||
| PM (TTM) | N/A | ||
| GM | 40.44% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.69 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)87.59%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y63.6%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)13.28%
Revenue growth 3Y12.1%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y