NOBLE CORP PLC (NE) Fundamental Analysis & Valuation

NYSE:NE • GB00BMXNWH07

Current stock price

50.54 USD
-0.49 (-0.96%)
At close:
50 USD
-0.54 (-1.07%)
After Hours:

This NE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. NE Profitability Analysis

1.1 Basic Checks

  • NE had positive earnings in the past year.
  • In the past year NE had a positive cash flow from operations.
  • NE had positive earnings in each of the past 5 years.
  • In the past 5 years NE always reported a positive cash flow from operatings.
NE Yearly Net Income VS EBIT VS OCF VS FCFNE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B -2B -3B

1.2 Ratios

  • NE has a better Return On Assets (2.88%) than 64.52% of its industry peers.
  • NE has a Return On Equity of 4.76%. This is comparable to the rest of the industry: NE outperforms 58.06% of its industry peers.
  • NE has a better Return On Invested Capital (6.48%) than 62.90% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NE is in line with the industry average of 6.92%.
Industry RankSector Rank
ROA 2.88%
ROE 4.76%
ROIC 6.48%
ROA(3y)5.78%
ROA(5y)7.51%
ROE(3y)8.9%
ROE(5y)10.97%
ROIC(3y)8.56%
ROIC(5y)N/A
NE Yearly ROA, ROE, ROICNE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200 400 600 800 1K

1.3 Margins

  • NE has a Profit Margin of 6.60%. This is in the better half of the industry: NE outperforms 70.97% of its industry peers.
  • In the last couple of years the Profit Margin of NE has declined.
  • Looking at the Operating Margin, with a value of 15.67%, NE is in the better half of the industry, outperforming 75.81% of the companies in the same industry.
  • NE's Operating Margin has been stable in the last couple of years.
  • With a decent Gross Margin value of 37.55%, NE is doing good in the industry, outperforming 79.03% of the companies in the same industry.
  • NE's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 15.67%
PM (TTM) 6.6%
GM 37.55%
OM growth 3Y-0.25%
OM growth 5YN/A
PM growth 3Y-17.97%
PM growth 5YN/A
GM growth 3Y5.48%
GM growth 5Y0.76%
NE Yearly Profit, Operating, Gross MarginsNE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100 -200 -300 -400

4

2. NE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NE is destroying value.
  • Compared to 1 year ago, NE has less shares outstanding
  • The number of shares outstanding for NE has been reduced compared to 5 years ago.
  • NE has a worse debt/assets ratio than last year.
NE Yearly Shares OutstandingNE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
NE Yearly Total Debt VS Total AssetsNE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • NE has an Altman-Z score of 2.44. This is not the best score and indicates that NE is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.44, NE is in line with its industry, outperforming 56.45% of the companies in the same industry.
  • The Debt to FCF ratio of NE is 4.79, which is a neutral value as it means it would take NE, 4.79 years of fcf income to pay off all of its debts.
  • NE's Debt to FCF ratio of 4.79 is in line compared to the rest of the industry. NE outperforms 54.84% of its industry peers.
  • NE has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
  • NE has a Debt to Equity ratio (0.43) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 4.79
Altman-Z 2.44
ROIC/WACC0.75
WACC8.59%
NE Yearly LT Debt VS Equity VS FCFNE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B

2.3 Liquidity

  • NE has a Current Ratio of 1.67. This is a normal value and indicates that NE is financially healthy and should not expect problems in meeting its short term obligations.
  • NE's Current ratio of 1.67 is on the low side compared to the rest of the industry. NE is outperformed by 62.90% of its industry peers.
  • NE has a Quick Ratio of 1.67. This is a normal value and indicates that NE is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.67, NE is in the better half of the industry, outperforming 62.90% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.67
Quick Ratio 1.67
NE Yearly Current Assets VS Current LiabilitesNE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

5

3. NE Growth Analysis

3.1 Past

  • The earnings per share for NE have decreased strongly by -68.40% in the last year.
  • NE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -17.43% yearly.
  • Looking at the last year, NE shows a small growth in Revenue. The Revenue has grown by 7.45% in the last year.
  • The Revenue has been growing by 27.79% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-68.4%
EPS 3Y-17.43%
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)7.45%
Revenue growth 3Y32.46%
Revenue growth 5Y27.79%
Sales Q2Q%-10.15%

3.2 Future

  • The Earnings Per Share is expected to grow by 76.36% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, NE will show a small growth in Revenue. The Revenue will grow by 1.63% on average per year.
EPS Next Y67.87%
EPS Next 2Y92.05%
EPS Next 3Y76.36%
EPS Next 5YN/A
Revenue Next Year-8%
Revenue Next 2Y0.61%
Revenue Next 3Y1.63%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
NE Yearly Revenue VS EstimatesNE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B
NE Yearly EPS VS EstimatesNE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 2 -2

4

4. NE Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 75.43, NE can be considered very expensive at the moment.
  • NE's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of NE to the average of the S&P500 Index (26.64), we can say NE is valued expensively.
  • The Price/Forward Earnings ratio is 20.45, which indicates a rather expensive current valuation of NE.
  • NE's Price/Forward Earnings ratio is in line with the industry average.
  • NE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.36.
Industry RankSector Rank
PE 75.43
Fwd PE 20.45
NE Price Earnings VS Forward Price EarningsNE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NE is valued a bit cheaper than the industry average as 64.52% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, NE is valued a bit cheaper than 66.13% of the companies in the same industry.
Industry RankSector Rank
P/FCF 18.65
EV/EBITDA 8.85
NE Per share dataNE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • NE has a very decent profitability rating, which may justify a higher PE ratio.
  • NE's earnings are expected to grow with 76.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.11
PEG (5Y)N/A
EPS Next 2Y92.05%
EPS Next 3Y76.36%

5

5. NE Dividend Analysis

5.1 Amount

  • NE has a Yearly Dividend Yield of 3.98%. Purely for dividend investing, there may be better candidates out there.
  • NE's Dividend Yield is rather good when compared to the industry average which is at 0.93. NE pays more dividend than 96.77% of the companies in the same industry.
  • NE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.98%

5.2 History

  • On average, the dividend of NE grows each year by 59.26%, which is quite nice.
  • NE has been paying a dividend for over 5 years, so it has already some track record.
  • NE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)59.26%
Div Incr Years2
Div Non Decr Years2
NE Yearly Dividends per shareNE Yearly Dividends per shareYearly Dividends per share 2016 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 147.83% of the earnings are spent on dividend by NE. This is not a sustainable payout ratio.
  • The dividend of NE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP147.83%
EPS Next 2Y92.05%
EPS Next 3Y76.36%
NE Yearly Income VS Free CF VS DividendNE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -1B -2B -3B
NE Dividend Payout.NE Dividend Payout, showing the Payout Ratio.NE Dividend Payout.PayoutRetained Earnings

NE Fundamentals: All Metrics, Ratios and Statistics

NOBLE CORP PLC

NYSE:NE (5/1/2026, 8:04:00 PM)

After market: 50 -0.54 (-1.07%)

50.54

-0.49 (-0.96%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Industry Strength95.65
Industry Growth26.09
Earnings (Last)04-26
Earnings (Next)08-03
Inst Owners85.49%
Inst Owner Change-77.78%
Ins Owners2%
Ins Owner Change-0.25%
Market Cap8.06B
Revenue(TTM)3.29B
Net Income(TTM)216.72M
Analysts72.38
Price Target44.17 (-12.6%)
Short Float %7.73%
Short Ratio5.17
Dividend
Industry RankSector Rank
Dividend Yield 3.98%
Yearly Dividend2.01
Dividend Growth(5Y)59.26%
DP147.83%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-04
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-49.12%
Min EPS beat(2)-59.36%
Max EPS beat(2)-38.88%
EPS beat(4)0
Avg EPS beat(4)-53.54%
Min EPS beat(4)-76.25%
Max EPS beat(4)-38.88%
EPS beat(8)1
Avg EPS beat(8)-32.71%
EPS beat(12)3
Avg EPS beat(12)-24.9%
EPS beat(16)4
Avg EPS beat(16)-38.71%
Revenue beat(2)1
Avg Revenue beat(2)0.48%
Min Revenue beat(2)-0.03%
Max Revenue beat(2)0.98%
Revenue beat(4)1
Avg Revenue beat(4)-0.69%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)0.98%
Revenue beat(8)5
Avg Revenue beat(8)1.8%
Revenue beat(12)9
Avg Revenue beat(12)2.96%
Revenue beat(16)11
Avg Revenue beat(16)2.41%
PT rev (1m)8.73%
PT rev (3m)25.93%
EPS NQ rev (1m)-0.23%
EPS NQ rev (3m)-16.62%
EPS NY rev (1m)-3.3%
EPS NY rev (3m)-0.17%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)-1.98%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-1.25%
Valuation
Industry RankSector Rank
PE 75.43
Fwd PE 20.45
P/S 2.45
P/FCF 18.65
P/OCF 8.47
P/B 1.77
P/tB 1.77
EV/EBITDA 8.85
EPS(TTM)0.67
EY1.33%
EPS(NY)2.47
Fwd EY4.89%
FCF(TTM)2.71
FCFY5.36%
OCF(TTM)5.97
OCFY11.81%
SpS20.6
BVpS28.52
TBVpS28.52
PEG (NY)1.11
PEG (5Y)N/A
Graham Number20.7367 (-58.97%)
Profitability
Industry RankSector Rank
ROA 2.88%
ROE 4.76%
ROCE 7.61%
ROIC 6.48%
ROICexc 6.97%
ROICexgc 6.97%
OM 15.67%
PM (TTM) 6.6%
GM 37.55%
FCFM 13.15%
ROA(3y)5.78%
ROA(5y)7.51%
ROE(3y)8.9%
ROE(5y)10.97%
ROIC(3y)8.56%
ROIC(5y)N/A
ROICexc(3y)9.11%
ROICexc(5y)N/A
ROICexgc(3y)9.12%
ROICexgc(5y)N/A
ROCE(3y)10.04%
ROCE(5y)N/A
ROICexgc growth 3Y13.87%
ROICexgc growth 5YN/A
ROICexc growth 3Y14.43%
ROICexc growth 5YN/A
OM growth 3Y-0.25%
OM growth 5YN/A
PM growth 3Y-17.97%
PM growth 5YN/A
GM growth 3Y5.48%
GM growth 5Y0.76%
F-Score6
Asset Turnover0.44
Health
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF 4.79
Debt/EBITDA 1.8
Cap/Depr 88.74%
Cap/Sales 15.81%
Interest Coverage 3.17
Cash Conversion 86.48%
Profit Quality 199.41%
Current Ratio 1.67
Quick Ratio 1.67
Altman-Z 2.44
F-Score6
WACC8.59%
ROIC/WACC0.75
Cap/Depr(3y)119.63%
Cap/Depr(5y)116.42%
Cap/Sales(3y)16.82%
Cap/Sales(5y)16.54%
Profit Quality(3y)83.83%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-68.4%
EPS 3Y-17.43%
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y67.87%
EPS Next 2Y92.05%
EPS Next 3Y76.36%
EPS Next 5YN/A
Revenue 1Y (TTM)7.45%
Revenue growth 3Y32.46%
Revenue growth 5Y27.79%
Sales Q2Q%-10.15%
Revenue Next Year-8%
Revenue Next 2Y0.61%
Revenue Next 3Y1.63%
Revenue Next 5YN/A
EBIT growth 1Y-26.01%
EBIT growth 3Y32.13%
EBIT growth 5YN/A
EBIT Next Year96.38%
EBIT Next 3Y37.92%
EBIT Next 5YN/A
FCF growth 1Y439.12%
FCF growth 3Y59.42%
FCF growth 5Y28.3%
OCF growth 1Y45.19%
OCF growth 3Y50.18%
OCF growth 5Y28.35%

NOBLE CORP PLC / NE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for NOBLE CORP PLC?

ChartMill assigns a fundamental rating of 5 / 10 to NE.


What is the valuation status of NOBLE CORP PLC (NE) stock?

ChartMill assigns a valuation rating of 4 / 10 to NOBLE CORP PLC (NE). This can be considered as Fairly Valued.


What is the profitability of NE stock?

NOBLE CORP PLC (NE) has a profitability rating of 6 / 10.


Can you provide the financial health for NE stock?

The financial health rating of NOBLE CORP PLC (NE) is 4 / 10.


Can you provide the dividend sustainability for NE stock?

The dividend rating of NOBLE CORP PLC (NE) is 5 / 10 and the dividend payout ratio is 147.83%.