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Noble (FRA:85V1) EV-to-EBIT : 12.16 (As of May. 13, 2024)


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What is Noble EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble's Enterprise Value is €6,449 Mil. Noble's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €530 Mil. Therefore, Noble's EV-to-EBIT for today is 12.16.

The historical rank and industry rank for Noble's EV-to-EBIT or its related term are showing as below:

FRA:85V1' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.28   Med: 16.25   Max: 59.77
Current: 12.14

During the past 4 years, the highest EV-to-EBIT of Noble was 59.77. The lowest was 11.28. And the median was 16.25.

FRA:85V1's EV-to-EBIT is ranked worse than
64.38% of 744 companies
in the Oil & Gas industry
Industry Median: 8.99 vs FRA:85V1: 12.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Noble's Enterprise Value for the quarter that ended in Mar. 2024 was €6,418 Mil. Noble's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €530 Mil. Noble's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.27%.


Noble EV-to-EBIT Historical Data

The historical data trend for Noble's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noble EV-to-EBIT Chart

Noble Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - 22.52 12.26

Noble Quarterly Data
Dec20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 15.38 14.56 12.91 12.26 12.74

Competitive Comparison of Noble's EV-to-EBIT

For the Oil & Gas Drilling subindustry, Noble's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noble's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Noble's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Noble's EV-to-EBIT falls into.



Noble EV-to-EBIT Calculation

Noble's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6449.428/530.479
=12.16

Noble's current Enterprise Value is €6,449 Mil.
Noble's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €530 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noble  (FRA:85V1) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Noble's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=530.479/6418.18648
=8.27 %

Noble's Enterprise Value for the quarter that ended in Mar. 2024 was €6,418 Mil.
Noble's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €530 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noble EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Noble's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Noble (FRA:85V1) Business Description

Traded in Other Exchanges
Address
13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478
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.

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