Noble Corporation (NE)
Noble Statistics
Share Statistics
Noble has 159.19M shares outstanding. The number of shares has increased by 17% in one year.
| Shares Outstanding | 159.19M |
| Shares Change (YoY) | 17% |
| Shares Change (QoQ) | -4.12% |
| Owned by Institutions (%) | 81.05% |
| Shares Floating | 125.34M |
| Failed to Deliver (FTD) Shares | 195 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 9.94M, so 6.2% of the outstanding shares have been sold short.
| Short Interest | 9.94M |
| Short % of Shares Out | 6.2% |
| Short % of Float | 7.85% |
| Short Ratio (days to cover) | 6.12 |
Valuation Ratios
The PE ratio is 10.42 and the forward PE ratio is 10.68. Noble's PEG ratio is -0.78.
| PE Ratio | 10.42 |
| Forward PE | 10.68 |
| PS Ratio | 1.53 |
| Forward PS | 1 |
| PB Ratio | 1 |
| P/FCF Ratio | 58.26 |
| PEG Ratio | -0.78 |
Enterprise Valuation
Noble Corporation has an Enterprise Value (EV) of 6.91B.
| EV / Earnings | 15.41 |
| EV / Sales | 2.26 |
| EV / EBITDA | 6.81 |
| EV / EBIT | 11.44 |
| EV / FCF | 86.18 |
Financial Position
The company has a current ratio of 1.48, with a Debt / Equity ratio of 0.43.
| Current Ratio | 1.48 |
| Quick Ratio | 1.48 |
| Debt / Equity | 0.43 |
| Total Debt / Capitalization | 29.86 |
| Cash Flow / Debt | 0.33 |
| Interest Coverage | 6.41 |
Financial Efficiency
Return on equity (ROE) is 0.1% and return on capital (ROIC) is 8.29%.
| Return on Equity (ROE) | 0.1% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 8.29% |
| Revenue Per Employee | $611,563.6 |
| Profits Per Employee | $89,670.6 |
| Employee Count | 5,000 |
| Asset Turnover | 0.38 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 43.98M |
| Effective Tax Rate | 0.09 |
Stock Price Statistics
The stock price has increased by -45.17% in the last 52 weeks. The beta is 1, so Noble's price volatility has been higher than the market average.
| Beta | 1 |
| 52-Week Price Change | -45.17% |
| 50-Day Moving Average | 30.75 |
| 200-Day Moving Average | 36.92 |
| Relative Strength Index (RSI) | 16.91 |
| Average Volume (20 Days) | 1.76M |
Income Statement
In the last 12 months, Noble had revenue of 3.06B and earned 448.35M in profits. Earnings per share was 3.01.
| Revenue | 3.06B |
| Gross Profit | 744.48M |
| Operating Income | 603.98M |
| Net Income | 448.35M |
| EBITDA | 1.02B |
| EBIT | 603.98M |
| Earnings Per Share (EPS) | 3.01 |
Balance Sheet
The company has 247.3M in cash and 1.98B in debt, giving a net cash position of -1.73B.
| Cash & Cash Equivalents | 247.3M |
| Total Debt | 1.98B |
| Net Cash | -1.73B |
| Retained Earnings | 411.24M |
| Total Assets | 7.86B |
| Working Capital | 448.5M |
Cash Flow
In the last 12 months, operating cash flow was 655.48M and capital expenditures -575.32M, giving a free cash flow of 80.16M.
| Operating Cash Flow | 655.48M |
| Capital Expenditures | -575.32M |
| Free Cash Flow | 80.16M |
| FCF Per Share | 0.54 |
Margins
Gross margin is 24.35%, with operating and profit margins of 19.75% and 14.66%.
| Gross Margin | 24.35% |
| Operating Margin | 19.75% |
| Pretax Margin | 16.1% |
| Profit Margin | 14.66% |
| EBITDA Margin | 33.2% |
| EBIT Margin | 19.75% |
| FCF Margin | 2.62% |
Dividends & Yields
NE pays an annual dividend of $2.3, which amounts to a dividend yield of 7.34%.
| Dividend Per Share | $2.30 |
| Dividend Yield | 7.34% |
| Dividend Growth (YoY) | 25% |
| Payout Ratio | 77.7% |
| Earnings Yield | 12.76% |
| FCF Yield | 2.14% |
Analyst Forecast
The average price target for NE is $39, which is 65.3% higher than the current price. The consensus rating is "Hold".
| Price Target | $39 |
| Price Target Difference | 65.3% |
| 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 | 1.5 |
| Piotroski F-Score | 4 |