Noble Corp (Cayman Island)
NYSE:NE
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Noble Corp (Cayman Island)
NYSE:NE
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US |
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M
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Moltiply Group SpA
F:MNL
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IT |
Intrinsic Value
The intrinsic value of Noble Corp (Cayman Island) (NE) under the Base Case is 38.22 USD per share.
Compared with the current market price of 43.53 USD, the stock appears
Overvalued by 12% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Noble Does
Noble Corp. is an offshore drilling company that owns and runs drillships and semi-submersible rigs used to search for and produce oil and natural gas under the ocean floor. It does not sell oil itself; it provides the specialized equipment, crews, and technical know-how that energy companies need to drill deepwater wells safely and efficiently.
- Headquarters
- United States of America US
- Employees
- 1 800
- IPO date
- Jun 3, 2021
Revenue & Expenses Breakdown
Noble Corp (Cayman Island)
Earnings Waterfall
Noble Corp (Cayman Island)
The intrinsic value for Noble Corp (Cayman Island) (NE) under the Base Case is 38.22 USD.
Compared with the current market price of 43.53 USD, the stock appears Overvalued by 12% .