Noble Corporation (NE)
Noble Corporation Statistics
Share Statistics
Noble Corporation has 160.38M shares outstanding. The number of shares has increased by 17% in one year.
| Shares Outstanding | 160.38M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -4.12% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 126.60M |
| Failed to Deliver (FTD) Shares | 14.59K |
| FTD / Avg. Volume | 0.8% |
Short Selling Information
The latest short interest is 10.13M, so 6.31% of the outstanding shares have been sold short.
| Short Interest | 10.13M |
| Short % of Shares Out | 6.31% |
| Short % of Float | 8% |
| Short Ratio (days to cover) | 6.04 |
Valuation Ratios
The PE ratio is 13.83 and the forward PE ratio is 10.6. Noble Corporation's PEG ratio is 0.21.
| PE Ratio | 13.83 |
| Forward PE | 10.6 |
| PS Ratio | 2.57 |
| Forward PS | 1.4 |
| PB Ratio | 1.7 |
| P/FCF Ratio | 40.45 |
| PEG Ratio | 0.21 |
Enterprise Valuation
Noble Corporation has an Enterprise Value (EV) of 6.91B.
| EV / Earnings | 14.34 |
| EV / Sales | 2.67 |
| EV / EBITDA | 9.02 |
| EV / EBIT | 12.02 |
| EV / FCF | 41.93 |
Financial Position
The company has a current ratio of 1.65, with a Debt / Equity ratio of 0.16.
| Current Ratio | 1.65 |
| Quick Ratio | 1.65 |
| Debt / Equity | 0.16 |
| Total Debt / Capitalization | 13.5 |
| Cash Flow / Debt | 0.94 |
| Interest Coverage | 9.72 |
Financial Efficiency
Return on equity (ROE) is 0.12% and return on capital (ROIC) is 11.93%.
| Return on Equity (ROE) | 0.12% |
| Return on Assets (ROA) | 0.09% |
| Return on Capital (ROIC) | 11.93% |
| Revenue Per Employee | 719.17K |
| Profits Per Employee | 133.86K |
| Employee Count | 3.60K |
| Asset Turnover | 0.47 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 30.34M |
| Effective Tax Rate | 0.06 |
Stock Price Statistics
The stock price has increased by -27.72% in the last 52 weeks. The beta is 1, so Noble Corporation's price volatility has been higher than the market average.
| Beta | 1 |
| 52-Week Price Change | -27.72% |
| 50-Day Moving Average | 32.61 |
| 200-Day Moving Average | 38.96 |
| Relative Strength Index (RSI) | 49.61 |
| Average Volume (20 Days) | 1.82M |
Income Statement
In the last 12 months, Noble Corporation had revenue of 2.59B and earned 481.90M in profits. Earnings per share was 3.48.
| Revenue | 2.59B |
| Gross Profit | 743.75M |
| Operating Income | 574.71M |
| Net Income | 481.90M |
| EBITDA | 765.95M |
| EBIT | 574.71M |
| Earnings Per Share (EPS) | 3.48 |
Balance Sheet
The company has 360.79M in cash and 611.87M in debt, giving a net cash position of -251.07M.
| Cash & Cash Equivalents | 360.79M |
| Total Debt | 611.87M |
| Net Cash | -251.07M |
| Retained Earnings | 541.16M |
| Total Assets | 8.04B |
| Working Capital | 510.23M |
Cash Flow
In the last 12 months, operating cash flow was 574.34M and capital expenditures -409.58M, giving a free cash flow of 164.76M.
| Operating Cash Flow | 574.34M |
| Capital Expenditures | -409.58M |
| Free Cash Flow | 164.76M |
| FCF Per Share | 1.19 |
Margins
Gross margin is 28.73%, with operating and profit margins of 22.2% and 18.61%.
| Gross Margin | 28.73% |
| Operating Margin | 22.2% |
| Pretax Margin | 19.79% |
| Profit Margin | 18.61% |
| EBITDA Margin | 29.58% |
| EBIT Margin | 22.2% |
| FCF Margin | 6.36% |
Dividends & Yields
NE pays an annual dividend of $1, which amounts to a dividend yield of 3.01%.
| Dividend Per Share | $1.00 |
| Dividend Yield | 3.01% |
| Dividend Growth (YoY) | 25% |
| Payout Ratio | 29.41% |
| Earnings Yield | 10.67% |
| FCF Yield | 3.15% |
Analyst Forecast
The average price target for NE is $40, which is 22.7% higher than the current price. The consensus rating is "Hold".
| Price Target | $40 |
| Price Target Difference | 22.7% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
Stock Splits
The last stock split was on Aug 4, 2014. It was a forward split with a ratio of 143:125.
| Last Split Date | Aug 4, 2014 |
| Split Type | forward |
| Split Ratio | 143:125 |
Scores
| Altman Z-Score | 1.68 |
| Piotroski F-Score | 4 |