Noble Corporation Plc
Noble Corporation Plc Fundamental Analysis
Noble Corporation Plc (NE) shows weak financial fundamentals with a PE ratio of 36.36, profit margin of 6.60%, and ROE of 4.72%. The company generates $3.3B in annual revenue with strong year-over-year growth of 18.11%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 55.9/100 based on profitability, valuation, growth, and balance sheet metrics. The C grade reflects average fundamentals, with notable risks in certain areas.
Fundamental Health Score
We analyze NE's fundamental strength across five key dimensions:
Efficiency Score
WeakNE struggles to generate sufficient returns from assets.
Valuation Score
ModerateNE shows balanced valuation metrics.
Growth Score
ModerateNE shows steady but slowing expansion.
Financial Health Score
ExcellentNE maintains a strong and stable balance sheet.
Profitability Score
WeakNE struggles to sustain strong margins.
Key Financial Metrics
Is NE Expensive or Cheap?
P/E Ratio
NE trades at 36.36 times earnings. This suggests a premium valuation.
PEG Ratio
When adjusting for growth, NE's PEG of -10.33 indicates potential undervaluation.
Price to Book
The market values Noble Corporation Plc at 1.73 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 5.81 times EBITDA. This is generally considered low.
How Well Does NE Make Money?
Net Profit Margin
For every $100 in sales, Noble Corporation Plc keeps $6.60 as profit after all expenses.
Operating Margin
Core operations generate 15.67 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $4.72 in profit for every $100 of shareholder equity.
ROA
Noble Corporation Plc generates $2.88 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Noble Corporation Plc generates strong operating cash flow of $953.62M, reflecting robust business health.
Free Cash Flow
Noble Corporation Plc generates strong free cash flow of $433.04M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $2.72 in free cash annually.
FCF Yield
NE converts 5.46% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
36.36
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-10.33
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.73
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.40
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.43
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.67
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.05
vs 25 benchmark
ROA
Return on assets percentage
0.03
vs 25 benchmark
ROCE
Return on capital employed
0.08
vs 25 benchmark
How NE Stacks Against Its Sector Peers
| Metric | NE Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 36.36 | 21.19 | Worse (Expensive) |
| ROE | 4.72% | 948.00% | Weak |
| Net Margin | 6.60% | -73259.00% (disorted) | Weak |
| Debt/Equity | 0.43 | -0.48 (disorted) | Distorted |
| Current Ratio | 1.67 | 6.31 | Neutral |
| ROA | 2.88% | -10913945.00% (disorted) | Weak |
NE outperforms its industry in 0 out of 6 key metrics, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Noble Corporation Plc's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
292.07%
Industry Style: Cyclical, Value, Commodity
High GrowthEPS CAGR
207.12%
Industry Style: Cyclical, Value, Commodity
High GrowthFCF CAGR
487.42%
Industry Style: Cyclical, Value, Commodity
High Growth