Noble Corporation PLC
CSE:NOBLE
Intrinsic Value
Noble Corp. Plc operates as a financing subsidiary and special purpose entity. [ Read More ]
The intrinsic value of one
NOBLE
stock under the Base Case scenario is
524.91
DKK.
Compared to the current market price of 324.5 DKK,
Noble Corporation PLC
is
Undervalued by 38%.
NOBLE could be a value trap.A value trap occurs when a stock looks inexpensive based on fundamental analysis but fails to reach its intrinsic valuation over time, often due to underlying issues not reflected in quantitative data.
Scrutinize beyond numbers; assess long-term potential.
Noble Corporation PLC's market capitalization is 45.7B DKK.
NOBLE stock price is 324.5 DKK.
NOBLE stock price (324.5 DKK) is 38% less than its Intrinsic Value (524.91 DKK).
NOBLE stock price (324.5 DKK) is 34% less than its Relative Value (489.98 DKK). Open Relative Valuation
NOBLE has upside potential of 29% compared to the average analyst price target.
Open Wall St Estimates
NOBLE's ROIC (Return on Invested Capital) for the past 12 months is positive and is equal to 13%.
NOBLE's ROE (Return on Equity) for the past 12 months is positive and is equal to 13%.
NOBLE has positive Net Debt. This means that the company has more debt (586m USD) than cash and short-term investments (361m USD).
NOBLE has positive Free Cash Flow for the last twelve months.
NOBLE's Revenue is forecast to grow at a rate of 9% per year over the next 3 years.
NOBLE has positive Operating Income for the last twelve months.
NOBLE has a very low three-year average ROIC (Return on Invested Capital): 4%. The company is not efficient at using invested capital to generate operating income.
NOBLE has positive Gross Profit for the last twelve months.
NOBLE's short-term assets (1B USD) exceed its short-term liabilties (642m USD).
NOBLE earns more than enough operating income (615m USD) to safely cover interest payments on its debt (52m USD).
NOBLE's ROIC (Return on Invested Capital) has significantly increased in the last 3 years from -3% to 13%.
NOBLE's Revenue has grown by an exceptional 83% over the past 12 months.
NOBLE's ROE (Return on Equity) has significantly increased in the last 3 years from -149% to 13%.
NOBLE has positive Net Income for the last twelve months.
NOBLE's Revenue has been growing by an exceptional 39% per year for the last 3 years.
NOBLE's long-term assets (6B USD) exceed its long-term liabilties (2B USD).
NOBLE's D/E (Debt to Equity) is very low and is equal to 0.15.
NOBLE has negative three-year average ROE (Return on Equity): -39%. The company is not efficient at transforming stockholders' equity into net income.
NOBLE's Altman Z-Score is very high and is equal to 18.38.
Valuation Backtest
Noble Corporation PLC
Run backtest to discover the historical profit from buying and selling
NOBLE
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Noble Corporation PLC
Balance Sheet Decomposition
Noble Corporation PLC
| Current Assets | 1.1B |
| Cash & Short-Term Investments | 360.8m |
| Receivables | 592.9m |
| Other Current Assets | 108.1m |
| Non-Current Assets | 4.4B |
| PP&E | 4.1B |
| Intangibles | 10.1m |
| Other Non-Current Assets | 286.7m |
| Current Liabilities | 641.7m |
| Accounts Payable | 395.2m |
| Accrued Liabilities | 118.6m |
| Other Current Liabilities | 127.9m |
| Non-Current Liabilities | 944.5m |
| Long-Term Debt | 586.2m |
| Other Non-Current Liabilities | 358.3m |
Earnings Waterfall
Noble Corporation PLC
|
Revenue
|
2.6B
USD
|
|
Cost of Revenue
|
-1.5B
USD
|
|
Gross Profit
|
1B
USD
|
|
Operating Expenses
|
-429.8m
USD
|
|
Operating Income
|
615.3m
USD
|
|
Other Expenses
|
-133.4m
USD
|
|
Net Income
|
481.9m
USD
|
Free Cash Flow Analysis
Noble Corporation PLC
NOBLE Profitability Score
Profitability Due Diligence
Noble Corporation PLC's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
Score
Noble Corporation PLC's profitability score is 49/100. The higher the profitability score, the more profitable the company is.
NOBLE Solvency Score
Solvency Due Diligence
Noble Corporation PLC's solvency score is 75/100. The higher the solvency score, the more solvent the company is.
Score
Noble Corporation PLC's solvency score is 75/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
NOBLE Price Targets Summary
Noble Corporation PLC
According to Wall Street analysts, the average 1-year price target for
NOBLE
is 418.08 DKK
with a low forecast of 354.03 DKK and a high forecast of 469.08 DKK.
Shareholder Return
NOBLE Price
Noble Corporation PLC
| Average Annual Return | 16.29% |
| Standard Deviation of Annual Returns |
N/A
|
| Max Drawdown | -23% |
| Market Capitalization | 45.7B DKK |
| Shares Outstanding | 142 816 000 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
Noble Corporation PLC
Country
Industry
Market Cap
Dividend Yield
Description
Noble Corp. Plc operates as a financing subsidiary and special purpose entity. The company is headquartered in Sugar Land, Texas and currently employs 3,800 full-time employees. The company went IPO on 2022-10-03. The firm focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world. The firm provides contract drilling services to the international oil and gas industry with its global fleet of mobile offshore drilling units. The mobile offshore drilling units comprising its offshore rig fleet operate in a global market for contract drilling services and are redeployed to different regions due to changing demands of its customers, which consist primarily of integrated, independent, and government-owned or controlled oil and gas companies throughout the world. Its fleet of mobile offshore drilling units includes Noble Bob Douglas, Noble Don Taylor, Noble Faye Kozack, Noble Gerry de Souza, Noble Globetrotter I, Noble Deliverer, Noble Invincible, Noble Tom Prosser, Noble Regina Allen, and Noble Innovator, among others.
Contact
IPO
Employees
Officers
The intrinsic value of one
NOBLE
stock under the Base Case scenario is
524.91
DKK.
Compared to the current market price of 324.5 DKK,
Noble Corporation PLC
is
Undervalued by 38%.
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