Noble Corporation PLC
CSE:NOBLE
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Suryoday Small Finance Bank Ltd
NSE:SURYODAY
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (10.7), the stock would be worth kr188.26 (14% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 12.5 | kr220 |
0%
|
| 3-Year Average | 10.7 | kr188.26 |
-14%
|
| 5-Year Average | 11.1 | kr195.69 |
-11%
|
| Industry Average | 12.1 | kr212.75 |
-3%
|
| Country Average | 19.6 | kr345.99 |
+57%
|
Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
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kr41.1B
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/ |
Jan 2026
$515m
|
= |
|
|
kr41.1B
|
/ |
Dec 2026
$429m
|
= |
|
|
kr41.1B
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/ |
Dec 2027
$662.6m
|
= |
|
|
kr41.1B
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/ |
Dec 2028
$815.4m
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= |
|
Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Noble Corporation PLC
CSE:NOBLE
|
31.4B DKK | 12.5 | 22.7 | |
| CN |
|
China Oilfield Services Ltd
SSE:601808
|
72.3B CNY | 11.5 | 18.5 | |
| US |
|
Noble Corp (Cayman Island)
NYSE:NE
|
7.6B USD | 17.7 | 35.1 | |
| CH |
|
Transocean Ltd
NYSE:RIG
|
6.7B USD | 16.1 | -2.3 | |
| BM |
|
Valaris Ltd
NYSE:VAL
|
6.3B USD | 13.6 | 6.4 | |
| SA |
A
|
ADES Holding Company SJSC
SAU:2382
|
21.9B SAR | 19.3 | 26.8 | |
| US |
|
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
4.1B USD | -123.3 | -43.8 | |
| US |
|
Helmerich and Payne Inc
NYSE:HP
|
3.6B USD | 29.2 | -11.5 | |
| BM |
|
Seadrill Ltd
NYSE:SDRL
|
2.9B USD | 45.9 | -38.2 | |
| SA |
A
|
Arabian Drilling Co
SAU:2381
|
10.8B SAR | 83.5 | -143.1 | |
| UK |
|
Odfjell Drilling Ltd
OTC:ODFJF
|
2.6B USD | 12.5 | 14.6 |
Market Distribution
| Min | 0 |
| 30th Percentile | 13.6 |
| Median | 19.6 |
| 70th Percentile | 27.8 |
| Max | 1 826 183.2 |
Other Multiples
Noble Corporation PLC
Glance View
Noble Corporation PLC is a formidable player in the oil and gas drilling industry, with its roots tracing back to the early 20th century. Originally starting as a land drilling company, Noble evolved over decades into a leader in offshore drilling, focusing on drilling services for oil and gas companies across the globe. The company primarily operates a fleet of high-specification drilling rigs, including ultra-deepwater, harsh environment, and jack-up rigs, each engineered to withstand challenging conditions and operate efficiently at significant depths and extreme environments. Noble leverages its expertise and technological advancements to expand its drilling operations, tailoring solutions to meet the complex and demanding needs of energy exploration companies. Revenue streams for Noble are predominantly based on long-term contracts with major oil companies, which provide a stable cash flow and mitigate exposure to the volatile nature of oil prices. The company's services are tailored to each client's needs, ranging from drilling exploration wells to developing and producing hydrocarbons. Noble's expertise offers clients the efficiency and safety they require to operate in remote or harsh maritime conditions. This focus on long-term partnerships, technological prowess, and operational excellence forms the backbone of Noble's business model, ensuring it remains a key contributor to the global energy industry while navigating the cyclical nature of its market.
