NOV INC (NOV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NOV - US62955J1034 - Common Stock
18 USD
-0.02 (-0.11%)
18 USD
0 (0%)
NOV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 62 industry peers in the Energy Equipment & Services industry. NOV has an average financial health and profitability rating. NOV has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year NOV was profitable.
- NOV had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: NOV reported negative net income in multiple years.
- Of the past 5 years NOV 4 years had a positive operating cash flow.
1.2 Ratios
- NOV has a Return On Assets of 3.38%. This is comparable to the rest of the industry: NOV outperforms 58.06% of its industry peers.
- The Return On Equity of NOV (5.93%) is comparable to the rest of the industry.
- The Return On Invested Capital of NOV (5.95%) is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for NOV is significantly below the industry average of 12.77%.
- The 3 year average ROIC (5.23%) for NOV is below the current ROIC(5.95%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 5.93% | ||
| ROIC | 5.95% |
ROA(3y)5.3%
ROA(5y)-2.46%
ROE(3y)9.7%
ROE(5y)-4.94%
ROIC(3y)5.23%
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of NOV (4.36%) is comparable to the rest of the industry.
- NOV has a Operating Margin of 8.05%. This is comparable to the rest of the industry: NOV outperforms 50.00% of its industry peers.
- Looking at the Gross Margin, with a value of 21.46%, NOV is doing worse than 61.29% of the companies in the same industry.
- NOV's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.05% | ||
| PM (TTM) | 4.36% | ||
| GM | 21.46% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y17.38%
GM growth 5Y17.86%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NOV is destroying value.
- The number of shares outstanding for NOV has been reduced compared to 1 year ago.
- The number of shares outstanding for NOV has been reduced compared to 5 years ago.
- The debt/assets ratio for NOV is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.09 indicates that NOV is not a great score, but indicates only limited risk for bankruptcy at the moment.
- NOV's Altman-Z score of 2.09 is in line compared to the rest of the industry. NOV outperforms 51.61% of its industry peers.
- NOV has a debt to FCF ratio of 2.28. This is a good value and a sign of high solvency as NOV would need 2.28 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 2.28, NOV is doing good in the industry, outperforming 72.58% of the companies in the same industry.
- A Debt/Equity ratio of 0.30 indicates that NOV is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.30, NOV is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.28 | ||
| Altman-Z | 2.09 |
ROIC/WACC0.73
WACC8.15%
2.3 Liquidity
- A Current Ratio of 2.55 indicates that NOV has no problem at all paying its short term obligations.
- NOV has a Current ratio of 2.55. This is in the better half of the industry: NOV outperforms 79.03% of its industry peers.
- A Quick Ratio of 1.71 indicates that NOV should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.71, NOV is doing good in the industry, outperforming 62.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.55 | ||
| Quick Ratio | 1.71 |
3. Growth
3.1 Past
- NOV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.43%.
- NOV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 40.89% yearly.
- The Revenue has decreased by -1.46% in the past year.
- The Revenue has been growing slightly by 0.91% on average over the past years.
EPS 1Y (TTM)-32.43%
EPS 3YN/A
EPS 5Y40.89%
EPS Q2Q%-66.67%
Revenue 1Y (TTM)-1.46%
Revenue growth 3Y17.1%
Revenue growth 5Y0.91%
Sales Q2Q%-0.68%
3.2 Future
- The Earnings Per Share is expected to decrease by -0.24% on average over the next years.
- NOV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.66% yearly.
EPS Next Y-41.57%
EPS Next 2Y-16.01%
EPS Next 3Y-5.97%
EPS Next 5Y-0.24%
Revenue Next Year-1.99%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.22%
Revenue Next 5Y1.66%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 18.00, NOV is valued on the expensive side.
- Compared to the rest of the industry, the Price/Earnings ratio of NOV indicates a somewhat cheap valuation: NOV is cheaper than 75.81% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.47. NOV is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 15.85, the valuation of NOV can be described as correct.
- NOV's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NOV is cheaper than 67.74% of the companies in the same industry.
- NOV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18 | ||
| Fwd PE | 15.85 |
4.2 Price Multiples
- NOV's Enterprise Value to EBITDA ratio is in line with the industry average.
- NOV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NOV is cheaper than 90.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.49 | ||
| EV/EBITDA | 6.95 |
4.3 Compensation for Growth
- NOV's earnings are expected to decrease with -5.97% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y-16.01%
EPS Next 3Y-5.97%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.71%, NOV has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.21, NOV pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, NOV has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
5.2 History
- The dividend of NOV is nicely growing with an annual growth rate of 6.81%!
- NOV has been paying a dividend for at least 10 years, so it has a reliable track record.
- NOV has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)6.81%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
- 50.13% of the earnings are spent on dividend by NOV. This is a bit on the high side, but may be sustainable.
- The Dividend Rate of NOV has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP50.13%
EPS Next 2Y-16.01%
EPS Next 3Y-5.97%
18
-0.02 (-0.11%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)10-27 2025-10-27/amc
Earnings (Next)02-04 2026-02-04/amc
Inst Owners109.49%
Inst Owner Change0.01%
Ins Owners0.4%
Ins Owner Change-0.58%
Market Cap6.57B
Revenue(TTM)8.78B
Net Income(TTM)383.00M
Analysts71.2
Price Target17.1 (-5%)
Short Float %6.07%
Short Ratio5.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
Yearly Dividend0.28
Dividend Growth(5Y)6.81%
DP50.13%
Div Incr Years2
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-29.49%
Min EPS beat(2)-56.61%
Max EPS beat(2)-2.37%
EPS beat(4)1
Avg EPS beat(4)-18.66%
Min EPS beat(4)-56.61%
Max EPS beat(4)10.12%
EPS beat(8)3
Avg EPS beat(8)-5.6%
EPS beat(12)6
Avg EPS beat(12)1.81%
EPS beat(16)8
Avg EPS beat(16)23.76%
Revenue beat(2)2
Avg Revenue beat(2)0.85%
Min Revenue beat(2)0.65%
Max Revenue beat(2)1.06%
Revenue beat(4)3
Avg Revenue beat(4)0.7%
Min Revenue beat(4)-0.85%
Max Revenue beat(4)1.94%
Revenue beat(8)6
Avg Revenue beat(8)0.48%
Revenue beat(12)8
Avg Revenue beat(12)0.8%
Revenue beat(16)12
Avg Revenue beat(16)1.25%
PT rev (1m)1.6%
PT rev (3m)9.72%
EPS NQ rev (1m)0.23%
EPS NQ rev (3m)-6.44%
EPS NY rev (1m)1.14%
EPS NY rev (3m)-11.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18 | ||
| Fwd PE | 15.85 | ||
| P/S | 0.75 | ||
| P/FCF | 7.49 | ||
| P/OCF | 5.17 | ||
| P/B | 1.02 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 6.95 |
EPS(TTM)1
EY5.56%
EPS(NY)1.14
Fwd EY6.31%
FCF(TTM)2.4
FCFY13.36%
OCF(TTM)3.48
OCFY19.33%
SpS24.06
BVpS17.7
TBVpS11.97
PEG (NY)N/A
PEG (5Y)0.44
Graham Number19.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 5.93% | ||
| ROCE | 7.78% | ||
| ROIC | 5.95% | ||
| ROICexc | 6.86% | ||
| ROICexgc | 9.34% | ||
| OM | 8.05% | ||
| PM (TTM) | 4.36% | ||
| GM | 21.46% | ||
| FCFM | 9.99% |
ROA(3y)5.3%
ROA(5y)-2.46%
ROE(3y)9.7%
ROE(5y)-4.94%
ROIC(3y)5.23%
ROIC(5y)N/A
ROICexc(3y)5.95%
ROICexc(5y)N/A
ROICexgc(3y)8.17%
ROICexgc(5y)N/A
ROCE(3y)6.84%
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 3Y17.38%
GM growth 5Y17.86%
F-Score4
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.28 | ||
| Debt/EBITDA | 1.82 | ||
| Cap/Depr | 111.05% | ||
| Cap/Sales | 4.47% | ||
| Interest Coverage | 8.31 | ||
| Cash Conversion | 119.83% | ||
| Profit Quality | 228.98% | ||
| Current Ratio | 2.55 | ||
| Quick Ratio | 1.71 | ||
| Altman-Z | 2.09 |
F-Score4
WACC8.15%
ROIC/WACC0.73
Cap/Depr(3y)89.05%
Cap/Depr(5y)79.41%
Cap/Sales(3y)3.4%
Cap/Sales(5y)3.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-32.43%
EPS 3YN/A
EPS 5Y40.89%
EPS Q2Q%-66.67%
EPS Next Y-41.57%
EPS Next 2Y-16.01%
EPS Next 3Y-5.97%
EPS Next 5Y-0.24%
Revenue 1Y (TTM)-1.46%
Revenue growth 3Y17.1%
Revenue growth 5Y0.91%
Sales Q2Q%-0.68%
Revenue Next Year-1.99%
Revenue Next 2Y-1.32%
Revenue Next 3Y0.22%
Revenue Next 5Y1.66%
EBIT growth 1Y-14.94%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year25.4%
EBIT Next 3Y9.95%
EBIT Next 5Y7.01%
FCF growth 1Y348.44%
FCF growth 3Y119.59%
FCF growth 5Y14.65%
OCF growth 1Y1686.25%
OCF growth 3Y64.86%
OCF growth 5Y12.8%
NOV INC / NOV FAQ
What is the fundamental rating for NOV stock?
ChartMill assigns a fundamental rating of 4 / 10 to NOV.
Can you provide the valuation status for NOV INC?
ChartMill assigns a valuation rating of 4 / 10 to NOV INC (NOV). This can be considered as Fairly Valued.
What is the profitability of NOV stock?
NOV INC (NOV) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for NOV stock?
The Earnings per Share (EPS) of NOV INC (NOV) is expected to decline by -41.57% in the next year.
Is the dividend of NOV INC sustainable?
The dividend rating of NOV INC (NOV) is 5 / 10 and the dividend payout ratio is 50.13%.