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Noble Corp PLC Class A NE

Morningstar Rating
$43.36 +1.55 (3.71%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NE is trading at a 11% discount.
Price
$43.35
Fair Value
$47.99
Uncertainty
High
1-Star Price
$54.56
5-Star Price
$96.50
Economic Moat
Blx
Capital Allocation
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News

Trading Information

Previous Close Price
$41.81
Day Range
$42.3843.73
52-Week Range
$34.8555.34
Bid/Ask
$42.11 / $43.95
Market Cap
$6.19 Bil
Volume/Avg
1.3 Mil / 1.2 Mil

Key Statistics

Price/Earnings (Normalized)
23.44
Price/Sales
2.43
Dividend Yield (Trailing)
1.61%
Dividend Yield (Forward)
3.69%
Total Yield
3.15%

Company Profile

Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company 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.
Sector
Energy
Industry
Oil & Gas Drilling
Stock Style Box
Total Number of Employees
3,600

Comparables

Valuation

Metric
NE
SQZ
ADNOCDRILL
Price/Earnings (Normalized)
23.444.8515.48
Price/Book Value
1.560.904.94
Price/Sales
2.430.715.27
Price/Cash Flow
10.001.6811.29
Price/Earnings
NE
SQZ
ADNOCDRILL

Financial Strength

Metric
NE
SQZ
ADNOCDRILL
Quick Ratio
1.481.980.92
Current Ratio
1.652.011.49
Interest Coverage
9.3684.3314.64
Quick Ratio
NE
SQZ
ADNOCDRILL

Profitability

Metric
NE
SQZ
ADNOCDRILL
Return on Assets (Normalized)
5.07%18.31%17.49%
Return on Equity (Normalized)
7.10%37.81%33.01%
Return on Invested Capital (Normalized)
7.02%29.48%22.17%
Return on Assets
NE
SQZ
ADNOCDRILL
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Oil & Gas Drilling Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
PTEN
Patterson-UTI Energy IncKvsr$4.8 Bil
RIG
Transocean LtdLzlb$4.1 Bil
HP
Helmerich & Payne IncNszpj$3.9 Bil
SDRL
Seadrill LtdPsy$3.2 Bil
BORR
Borr Drilling LtdJkctr$1.5 Bil
DO
Diamond Offshore Drilling IncYgk$1.2 Bil
ODFJF
Odfjell Drilling LtdYgxtt$984.8 Mil
PDS
Precision Drilling CorpBvmg$884.7 Mil
NBR
Nabors Industries LtdKknljzd$773.2 Mil

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