Noble Corp (Cayman Island)
NYSE:NE

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Noble Corp (Cayman Island)
NYSE:NE
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Price: 28.805 USD -0.12%
Market Cap: 4.6B USD
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Relative Value

The Relative Value of one NE stock under the Base Case scenario is 71.424 USD. Compared to the current market price of 28.805 USD, Noble Corp (Cayman Island) is Undervalued by 60%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NE Relative Value
Base Case
71.424 USD
Undervaluation 60%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.7
P/S
P/S
Price to Sales
1.7
vs History
69
vs Industry
41
Median 3Y
2.4
Median 5Y
2.4
Industry
2.2
Forward
1.5
More Details
9.2
P/E
P/E
Price to Earnings
9.2
vs History
65
vs Industry
24
Median 3Y
14.5
Median 5Y
14.1
Industry
16.6
Forward
10.8
More Details
5.7
P/OCF
P/OCF
Price to OCF
5.7
vs History
83
vs Industry
14
Median 3Y
15.1
Median 5Y
14.7
Industry
10.4
More Details
4.4
P/FCFE
P/FCFE
Price to FCFE
4.4
vs History
30
vs Industry
5
Median 3Y
-4.5
Median 5Y
-5.2
Industry
13.7
More Details
1
P/B
P/B
Price to Book Value
1
vs History
72
vs Industry
29
Median 3Y
1.5
Median 5Y
1.5
Industry
1.6
More Details
2.2
EV/S
EV/S
Enterprise Value to Sales
2.2
vs History
41
vs Industry
45
Median 3Y
2.6
Median 5Y
2.5
Industry
3.2
Forward
2
More Details
5.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.4
vs History
81
vs Industry
42
Median 3Y
9
Median 5Y
8.8
Industry
7.1
More Details
6.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6.2
vs History
79
vs Industry
20
Median 3Y
10.5
Median 5Y
10.5
Industry
11.3
Forward
5.8
More Details
9.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.8
vs History
48
vs Industry
17
Median 3Y
11.5
Median 5Y
11.1
Industry
13.2
Forward
9.7
More Details
7.7
EV/OCF
EV/OCF
Enterprise Value to OCF
7.7
vs History
76
vs Industry
15
Median 3Y
15.9
Median 5Y
15.2
Industry
11.1
More Details
27
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
27
vs History
51
vs Industry
6
Median 3Y
29.9
Median 5Y
31.1
Industry
12.2
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
74
vs Industry
34
Median 3Y
1.3
Median 5Y
1.2
Industry
1.5
More Details

Multiples Across Competitors

NE Competitors Multiples
Noble Corp (Cayman Island) Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Noble Corp (Cayman Island)
NYSE:NE
4.6B USD 1.7 9.2 6.2 9.8
CN
China Oilfield Services Ltd
SSE:601808
43.1B CNY 0.9 13.5 8.8 8.8
SA
ADES Holding Company SJSC
SAU:2382
21.7B SAR 4 33.6 12 20.3
US
Noble Corporation PLC
CSE:NOBLE
31.4B DKK 1.6 8.8 6 9.5
CH
Transocean Ltd
NYSE:RIG
3.1B USD 0.9 -4.9 9.9 52.8
US
Helmerich and Payne Inc
NYSE:HP
3B USD 1.1 8.8 5 9.5
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
2.9B USD 0.5 -3.4 2.9 21.6
BM
Valaris Ltd
NYSE:VAL
2.9B USD 1.3 2.7 9.1 12.7
SA
Arabian Drilling Co
SAU:2381
10.8B SAR 2.9 24.8 8.3 18.2
BM
Seadrill Ltd
NYSE:SDRL
2.5B USD 1.6 5.2 4.5 6.7
DK
Maersk Drilling A/S
F:72D
1.9B EUR 1.7 22.5 6.2 33.4
P/E Multiple
Earnings Growth P/E to Growth
US
Noble Corp (Cayman Island)
NYSE:NE
Average P/E: 14.4
9.2
52%
0.2
CN
China Oilfield Services Ltd
SSE:601808
13.5
84%
0.2
SA
A
ADES Holding Company SJSC
SAU:2382
33.6
176%
0.2
US
Noble Corporation PLC
CSE:NOBLE
8.8
52%
0.2
CH
Transocean Ltd
NYSE:RIG
Negative Multiple: -4.9 N/A N/A
US
Helmerich and Payne Inc
NYSE:HP
8.8
4%
2.2
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
Negative Multiple: -3.4 N/A N/A
BM
Valaris Ltd
NYSE:VAL
2.7
-23%
N/A
SA
A
Arabian Drilling Co
SAU:2381
24.8
21%
1.2
BM
Seadrill Ltd
NYSE:SDRL
5.2
59%
0.1
DK
M
Maersk Drilling A/S
F:72D
22.5
-65%
N/A

See Also

Summary
NE intrinsic value, competitors valuation, and company profile.
DCF Valuation
NE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NE stock valuation using valuation multiples.
Wall Street Estimates
NE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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