As of today (2024-04-28), Noble's share price is $35.51.
Noble does not have enough years/quarters to calculate the Free Cash Flow per Share for the trailing twelve months (TTM) ended in . 20. Therefore GuruFocus does not calculate Price-to-Free-Cash-Flow Ratio at this moment.
The historical rank and industry rank for Noble's Price-to-Free-Cash-Flow or its related term are showing as below:
NE's Price-to-Free-Cash-Flow is not ranked *
in the Oil & Gas industry.
Industry Median: 10.39 * Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
The historical data trend for Noble's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart
Noble Annual Data
Trend
Price-to-Free-Cash-Flow
Noble Quarterly Data
Price-to-Free-Cash-Flow
Competitive Comparison of Noble's Price-to-Free-Cash-Flow
For the Oil & Gas Drilling subindustry, Noble's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Noble's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Noble's Price-to-Free-Cash-Flow falls into.
Noble Price-to-Free-Cash-Flow Calculation
Noble's Price-to-Free-Cash-Flow ratio for today is calculated as
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Noble Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Noble's Price-to-Free-Cash-Flow 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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