Overview Dividends

(NE) Noble - Ratings and Ratios

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

Floating Rigs, Jackup Rigs, Offshore Drilling, Contract Services

NE EPS (Earnings per Share)

EPS Growth (3Y CAGR): -24.40%
EPS Trend (3Y Correlation): -32.7%

NE Revenue

Revenue Growth (3Y CAGR): 9.45%
Revenue Trend (3Y Correlation): 85.3%

Description: NE Noble July 29, 2025

Noble Corporation plc is a leading offshore drilling contractor serving the oil and gas industry globally, operating a fleet of mobile offshore drilling units including floaters and jackups. With a rich history dating back to 1921, the company is headquartered in Houston, Texas, and is listed on the NYSE under the ticker symbol NE.

From a financial perspective, Noble Corporation has a market capitalization of approximately $4.35 billion, indicating a mid-cap status. The companys price-to-earnings ratio stands at 9.23, suggesting a relatively undervalued position compared to its forward P/E of 23.92, which indicates expected growth. The return on equity (RoE) is 10.26%, demonstrating a decent level of profitability.

To further analyze Noble Corporations performance, we can examine additional key performance indicators (KPIs). The companys debt-to-equity ratio, interest coverage, and dividend yield are crucial metrics. As of the latest available data, Noble Corporations debt-to-equity ratio is around 0.57, indicating a moderate level of leverage. The interest coverage ratio is approximately 3.5, suggesting the company can comfortably service its debt. The dividend yield is around 2.5%, providing a relatively stable income stream for investors.

Considering the oil and gas drilling industrys cyclical nature, Noble Corporations operational efficiency and contract backlog are vital. The companys fleet utilization rate and day rates are essential metrics to monitor. As of the latest reports, Noble Corporations fleet utilization rate is around 80%, indicating a relatively healthy operational status. The average day rate for the companys rigs is approximately $85,000, reflecting a strong demand for its services.

NE Stock Overview

Market Cap in USD	4,702m
Sub-Industry	Oil & Gas Drilling
IPO / Inception	1990-03-26

NE Stock Ratings

Growth Rating	-3.81%
Fundamental	68.6%
Dividend Rating	88.5%
Return 12m vs S&P 500	-16.8%
Analyst Rating	4.09 of 5

NE Dividends

Dividend Yield 12m	8.72%
Yield on Cost 5y	11.62%
Annual Growth 5y	157.14%
Payout Consistency	100.0%
Payout Ratio	1.8%

NE Growth Ratios

Growth Correlation 3m	46.9%
Growth Correlation 12m	-12.2%
Growth Correlation 5y	29.3%
CAGR 5y	-5.45%
CAGR/Max DD 3y (Calmar Ratio)	-0.09
CAGR/Mean DD 3y (Pain Ratio)	-0.23
Sharpe Ratio 12m	-0.59
Alpha	-20.62
Beta	1.105
Volatility	39.55%
Current Volume	1146.6k
Average Volume 20d	1811k
Stop Loss	27.2 (-5.1%)
Signal	-0.20

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

(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) 68.61

1. Piotroski 7.0pt = 2.0

2. FCF Yield 6.33% = 3.16

3. FCF Margin 11.38% = 2.84

4. Debt/Equity 0.44 = 2.41

5. Debt/Ebitda 1.34 = 1.25

6. ROIC - WACC (= 1.42)% = 1.77

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 06, 2025, the stock is trading at USD 28.67 with a total of 1,146,552 shares traded.
Over the past week, the price has changed by -2.22%, over one month by -5.41%, over three months by +8.45% and over the past year by -1.05%.

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 68.61 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 31.58 USD . This means that NE is currently undervalued and has a potential upside of +10.15% (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	33.7	17.5%
Analysts Target Price	33.7	17.5%
ValueRay Target Price	34.8	21.3%

NE Fundamental Data Overview November 01, 2025

Market Cap USD = 4.70b (4.70b USD * 1.0 USD.USD)
P/E Trailing = 21.295
P/E Forward = 25.4453
P/S = 1.4317
P/B = 0.9866
Beta = 1.105
Revenue TTM = 3.45b USD
EBIT TTM = 543.8m USD
EBITDA TTM = 1.12b USD
Long Term Debt = 1.98b USD (from longTermDebt, last fiscal year)
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 = 6.20b USD (4.70b + Debt 1.98b - CCE 477.9m)
Interest Coverage Ratio = 3.68 (Ebit TTM 543.8m / Interest Expense TTM 147.8m)
FCF Yield = 6.33% (FCF TTM 392.3m / Enterprise Value 6.20b)
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 = 0.81 (Enterprise Value 6.20b / 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 = 8.24% (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 = 7.10% (E(4.70b)/V(6.68b) * Re(10.09%) + (debt cost/tax rate unavailable))
Discount Rate = 10.09% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.31%
[DCF Debug] Terminal Value 71.03% ; FCFE base≈327.4m ; Y1≈325.0m ; Y5≈339.7m
Fair Price DCF = 27.05 (DCF Value 4.30b / 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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Fund Manager Positions: Dataroma | Stockcircle