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Noble Corp (Cayman Island)
NYSE:NE

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Noble Corp (Cayman Island)
NYSE:NE
Watchlist
Price: 46.29 USD 1.83% Market Closed
Updated: Apr 28, 2024
Section:
 

Relative Value

The Relative Value of one NE stock under the Base Case scenario is 78.09 USD. Compared to the current market price of 46.29 USD, Noble Corp (Cayman Island) is Undervalued by 41%.

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
78.09 USD
Undervaluation 41%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

2.5
P/S
P/S
Price to Sales
2.5
vs History
44
vs Industry
42
Median 3Y
2.5
Median 5Y
2.5
Industry
2.3
Forward
2.2
More Details
13.5
P/E
P/E
Price to Earnings
13.5
vs History
61
vs Industry
25
Median 3Y
15.1
Median 5Y
15.1
Industry
19.8
Forward
7.8
More Details
11.3
P/OCF
P/OCF
Price to OCF
11.3
vs History
72
vs Industry
14
Median 3Y
18
Median 5Y
18
Industry
10.3
More Details
154.8
P/FCFE
P/FCFE
Price to FCFE
154.8
vs History
5
vs Industry
5
Median 3Y
-6
Median 5Y
-6
Industry
14.2
More Details
1.7
P/B
P/B
Price to Book Value
1.7
vs History
22
vs Industry
30
Median 3Y
1.5
Median 5Y
1.5
Industry
1.6
More Details
2.6
EV/S
EV/S
Enterprise Value to Sales
2.6
vs History
47
vs Industry
46
Median 3Y
2.5
Median 5Y
2.5
Industry
3.5
Forward
2.3
More Details
6.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.5
vs History
88
vs Industry
43
Median 3Y
9.4
Median 5Y
9.4
Industry
7.3
More Details
7.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.4
vs History
88
vs Industry
20
Median 3Y
11
Median 5Y
11
Industry
11.4
Forward
5.1
More Details
11
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
11
vs History
55
vs Industry
17
Median 3Y
11.3
Median 5Y
11.3
Industry
13.5
Forward
6.5
More Details
11.7
EV/OCF
EV/OCF
Enterprise Value to OCF
11.7
vs History
72
vs Industry
15
Median 3Y
18.1
Median 5Y
18.1
Industry
11.5
More Details
40.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
40.9
vs History
44
vs Industry
6
Median 3Y
38.4
Median 5Y
38.4
Industry
12.7
More Details
1.4
EV/IC
EV/IC
Enterprise Value to IC
1.4
vs History
22
vs Industry
35
Median 3Y
1.2
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
6.5B USD 2.5 13.5 7.4 11
CN
China Oilfield Services Ltd
SSE:601808
55.2B CNY 1.3 18.3 13.2 13.2
US
Noble Corporation PLC
CSE:NOBLE
45B DKK 2.5 13.4 7.3 10.9
SA
ADES Holding Company SJSC
SAU:2382
21.4B SAR 4.9 48.3 14.8 24.2
BM
Valaris Ltd
NYSE:VAL
5B USD 2.8 5.8 38.7 136
CH
Transocean Ltd
NYSE:RIG
4.7B USD 1.7 -5 15.5 -129.8
US
Patterson-UTI Energy Inc
NASDAQ:PTEN
4.6B USD 1.1 18.8 4.8 12.6
US
Helmerich and Payne Inc
NYSE:HP
4B USD 1.4 9.2 4.7 8.3
BM
Seadrill Ltd
OSE:SDRL
40.6B NOK 2.4 12.3 7.3 10.6
SA
Arabian Drilling Co
SAU:2381
13.5B SAR 3.9 22.4 10 18.8
DK
Maersk Drilling A/S
OTC:DDRLF
1.5B USD 1.3 16.5 4.8 26

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
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