Overview Dividends

(NE) Noble - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: KYG6610J2093

Drilling Rigs, Floaters, Jackups

NE EPS (Earnings per Share)

EPS (Earnings per Share) of NE over the last years for every Quarter: "2020-09": -0.85, "2020-12": -46.94, "2021-03": 4.41, "2021-06": -0.32, "2021-09": 0.15, "2021-12": -0.35, "2022-03": -0.12, "2022-06": 0.4, "2022-09": 0.5, "2022-12": 0.41, "2023-03": 0.19, "2023-06": 0.38, "2023-09": 0.87, "2023-12": 0.39, "2024-03": 0.45, "2024-06": 0.72, "2024-09": 0.58, "2024-12": 0.56, "2025-03": 0.26, "2025-06": 0.13, "2025-09": 0.19,
EPS Growth (3Y CAGR): -24.40%
EPS Trend (3Y Correlation): -32.7%

NE Revenue

Revenue of NE over the last years for every Quarter: 2020-09: 227.05, 2020-12: 203.207, 2021-03: 169.914, 2021-06: 219.343, 2021-09: 250.371, 2021-12: 192.451, 2022-03: 210.23, 2022-06: 275.153, 2022-09: 305.872, 2022-12: 622.592, 2023-03: 610.054, 2023-06: 638.535, 2023-09: 697.45, 2023-12: 642.979, 2024-03: 637.084, 2024-06: 692.844, 2024-09: 800.549, 2024-12: 927.341, 2025-03: 874.487, 2025-06: 848.652, 2025-09: 798.017,
Revenue Growth (3Y CAGR): 9.45%
Revenue Trend (3Y Correlation): 85.3%
Risk via 10d forecast
Volatility 36.5%
Value at Risk 5%th 57.8%
Relative Tail Risk -3.89%
Reward TTM
Sharpe Ratio 0.08
Alpha -23.84
Character TTM
Hurst Exponent 0.413
Beta 1.488
Beta Downside 2.210
Drawdowns 3y
Max DD 63.16%
Mean DD 23.59%
Median DD 17.86%

Description: NE Noble November 07, 2025

Noble Corporation plc (NYSE:NE) is an offshore drilling contractor that supplies contract drilling services worldwide using a fleet of mobile offshore drilling units, including floating rigs (floaters) and jack-up rigs. Founded in 1921 and based in Houston, Texas, the company operates within the Oil & Gas Drilling sub-industry.

Key operational metrics include a fleet of approximately 30 rigs (as of Q2 2024), with an average utilization rate of roughly 80 % and day-rate earnings that are highly sensitive to Brent crude prices-currently hovering around $85 per barrel. The firm’s balance sheet shows a net debt of about $2.3 billion, while its 2023 adjusted EBITDA was $1.1 billion, reflecting the sector’s capital-intensive nature and the importance of maintaining strong cash flow to fund rig upgrades and de-commissioning obligations.

For a deeper, data-driven assessment of Noble’s valuation and risk profile, you may find the analytics on ValueRay worth exploring.

NE Stock Overview

Market Cap in USD 4,816m
Sub-Industry Oil & Gas Drilling
IPO / Inception 1990-03-26
Return 12m vs S&P 500 -14.3%
Analyst Rating 4.09 of 5

NE Dividends

Dividend Yield 9.89%
Yield on Cost 5y 13.95%
Yield CAGR 5y 157.14%
Payout Consistency 100.0%
Payout Ratio 1.8%

NE Growth Ratios

CAGR 3y -3.05%
CAGR/Max DD Calmar Ratio -0.05
CAGR/Mean DD Pain Ratio -0.13
Current Volume 1277.6k
Average Volume 1404.7k

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (226.7m TTM) > 0 and > 6% of Revenue (6% = 206.9m TTM)
FCFTA 0.05 (>2.0%) and ΔFCFTA 2.27pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 16.97% (prev 18.40%; Δ -1.43pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.12 (>3.0%) and CFO 900.8m > Net Income 226.7m (YES >=105%, WARN >=100%)
Net Debt (1.50b) to EBITDA (1.12b) ratio: 1.34 <= 3.0 (WARN <= 3.5)
Current Ratio 1.75 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (158.8m) change vs 12m ago 3.86% (target <= -2.0% for YES)
Gross Margin 23.41% (prev 27.98%; Δ -4.58pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 44.00% (prev 34.52%; Δ 9.48pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 3.68 (EBITDA TTM 1.12b / Interest Expense TTM 147.8m) >= 6 (WARN >= 3)

Altman Z'' 1.18

(A) 0.08 = (Total Current Assets 1.36b - Total Current Liabilities 779.3m) / Total Assets 7.64b
(B) 0.04 = Retained Earnings (Balance) 280.1m / Total Assets 7.64b
(C) 0.07 = EBIT TTM 543.8m / Avg Total Assets 7.84b
(D) 0.09 = Book Value of Equity 284.5m / Total Liabilities 3.11b
Total Rating: 1.18 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 67.24

1. Piotroski 7.0pt = 2.0
2. FCF Yield 6.21% = 3.11
3. FCF Margin 11.38% = 2.84
4. Debt/Equity 0.44 = 2.41
5. Debt/Ebitda 1.34 = 1.25
6. ROIC - WACC (= 0.37)% = 0.46
7. RoE 4.91% = 0.41
8. Rev. Trend 85.34% = 6.40
9. EPS Trend -32.74% = -1.64

What is the price of NE shares?

As of November 17, 2025, the stock is trading at USD 30.32 with a total of 1,277,639 shares traded.
Over the past week, the price has changed by +3.91%, over one month by +10.46%, over three months by +12.52% and over the past year by -0.84%.

Is Noble a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Noble (NYSE:NE) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 67.24 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of NE is around 34.05 USD . This means that NE is currently undervalued and has a potential upside of +12.3% (Margin of Safety).

Is NE a buy, sell or hold?

Noble has received a consensus analysts rating of 4.09. Therefore, it is recommended to buy NE.
  • Strong Buy: 5
  • Buy: 2
  • Hold: 4
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the NE price?

Issuer Target Up/Down from current
Wallstreet Target Price 34 12.1%
Analysts Target Price 34 12.1%
ValueRay Target Price 37.8 24.8%

NE Fundamental Data Overview November 17, 2025

Market Cap USD = 4.82b (4.82b USD * 1.0 USD.USD)
P/E Trailing = 21.813
P/E Forward = 26.8097
P/S = 1.4666
P/B = 1.0622
Beta = 1.106
Revenue TTM = 3.45b USD
EBIT TTM = 543.8m USD
EBITDA TTM = 1.12b USD
Long Term Debt = 1.98b USD (from longTermDebt, last quarter)
Short Term Debt = 37.6m USD (from shortTermDebt, last fiscal year)
Debt = 1.98b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.50b USD (from netDebt column, last quarter)
Enterprise Value = 6.32b USD (4.82b + Debt 1.98b - CCE 477.9m)
Interest Coverage Ratio = 3.68 (Ebit TTM 543.8m / Interest Expense TTM 147.8m)
FCF Yield = 6.21% (FCF TTM 392.3m / Enterprise Value 6.32b)
FCF Margin = 11.38% (FCF TTM 392.3m / Revenue TTM 3.45b)
Net Margin = 6.57% (Net Income TTM 226.7m / Revenue TTM 3.45b)
Gross Margin = 23.41% ((Revenue TTM 3.45b - Cost of Revenue TTM 2.64b) / Revenue TTM)
Gross Margin QoQ = 17.58% (prev 20.12%)
Tobins Q-Ratio = 0.83 (Enterprise Value 6.32b / Total Assets 7.64b)
Interest Expense / Debt = 2.05% (Interest Expense 40.5m / Debt 1.98b)
Taxrate = 298.3% (out of range, set to none) (31.7m / 10.6m)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 1.75 (Total Current Assets 1.36b / Total Current Liabilities 779.3m)
Debt / Equity = 0.44 (Debt 1.98b / totalStockholderEquity, last quarter 4.53b)
Debt / EBITDA = 1.34 (Net Debt 1.50b / EBITDA 1.12b)
Debt / FCF = 3.82 (Net Debt 1.50b / FCF TTM 392.3m)
Total Stockholder Equity = 4.62b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.97% (Net Income 226.7m / Total Assets 7.64b)
RoE = 4.91% (Net Income TTM 226.7m / Total Stockholder Equity 4.62b)
RoCE = 8.25% (EBIT 543.8m / Capital Employed (Equity 4.62b + L.T.Debt 1.98b))
RoIC = 8.52% (EBIT 543.8m / (Assets 7.64b - Curr.Liab 779.3m - Cash 477.9m))
WACC = 8.15% (E(4.82b)/V(6.79b) * Re(11.50%) + (debt cost/tax rate unavailable))
Discount Rate = 11.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.31%
[DCF Debug] Terminal Value 66.54% ; FCFE base≈327.4m ; Y1≈325.0m ; Y5≈339.7m
Fair Price DCF = 22.60 (DCF Value 3.59b / Shares Outstanding 158.8m; 5y FCF grow -1.47% → 3.0% )
EPS Correlation: -32.74 | EPS CAGR: -24.40% | SUE: -0.77 | # QB: 0
Revenue Correlation: 85.34 | Revenue CAGR: 9.45% | SUE: 0.80 | # QB: 0

Additional Sources for NE Stock

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