EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Noble's Enterprise Value is $1,983.4 Mil.
Noble does not have enough years/quarters to calculate its Free Cash Flow for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate Noble's EV-to-FCF at this moment.
The historical rank and industry rank for Noble's EV-to-FCF or its related term are showing as below:
NE's EV-to-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 12.45 * Ranked among companies with meaningful EV-to-FCF only.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-27), Noble's stock price is $35.51.
Noble does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in . 20. Therefore, GuruFocus does not calculate Noble's PE Ratio at this moment.
Noble EV-to-FCF Historical Data
The historical data trend for Noble's EV-to-FCF 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-FCF Chart
Noble Annual Data
Trend
EV-to-FCF
Noble Quarterly Data
EV-to-FCF
Competitive Comparison of Noble's EV-to-FCF
For the Oil & Gas Drilling subindustry, Noble's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Noble's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Noble's EV-to-FCF falls into.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Noble EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Noble's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Noble Corp is an offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 19 mobile offshore drilling units, consisting of 11 floaters and eight jackups focused largely on ultra-deepwater and high-specification jackup drilling opportunities. It operates in a single reportable segment, Contract Drilling Services.
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