Overview Dividends

(NE) Noble - Ratings and Ratios

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

Drilling Rigs, Floaters, Jackups

Oil & Gas Drilling
Market Cap in USD: 4,443m

IPO / Inception: 1990-03-26
Return 12m vs S&P 500: -8.08%

EPS (Earnings per Share)

EPS CAGR: 104.67%
EPS Trend: 33.4%

Last SUE: -0.52
Qual. Beats: 0

Revenue

Rev. CAGR: 46.12%
Rev. Trend: 86.5%

Last SUE: 0.80
Qual. Beats: 0

Dividends

Dividend Yield	8.81%
Yield on Cost 5y	11.80%
Yield CAGR 5y	157.14%
Payout Consistency	100.0%
Payout Ratio	1.8%

Risk via 5d forecast
Volatility	43.6%
Value at Risk 5%th	68.9%
Relative Tail Risk	-3.92%

Reward TTM
Sharpe Ratio	0.32
Alpha	-18.03
CAGR/Max DD	-0.07

Character TTM
Hurst Exponent	0.496
Beta	1.473
Beta Downside	2.225

Drawdowns 3y
Max DD	63.16%
Mean DD	24.56%
Median DD	19.11%

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.

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) 71.12

1. Piotroski 7.0pt

2. FCF Yield 6.60%

3. FCF Margin 11.38%

4. Debt/Equity 0.44

5. Debt/Ebitda 1.34

6. ROIC - WACC (= 0.60)%

7. RoE 4.91%

8. Rev. Trend 86.46%

9. EPS Trend 33.38%

What is the price of NE shares?

As of December 23, 2025, the stock is trading at USD 28.38 with a total of 1,817,563 shares traded.
Over the past week, the price has changed by -4.54%, over one month by -4.51%, over three months by +2.70% and over the past year by +7.10%.

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	19.8%
Analysts Target Price	34	19.8%
ValueRay Target Price	34.7	22.4%

NE Fundamental Data Overview December 21, 2025

Market Cap USD = 4.44b (4.44b USD * 1.0 USD.USD)
P/E Trailing = 20.1223
P/E Forward = 25.4453
P/S = 1.3529
P/B = 0.9799
Beta = 1.103
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 = 5.94b USD (4.44b + Debt 1.98b - CCE 477.9m)
Interest Coverage Ratio = 3.68 (Ebit TTM 543.8m / Interest Expense TTM 147.8m)
FCF Yield = 6.60% (FCF TTM 392.3m / Enterprise Value 5.94b)
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 = 0.78 (Enterprise Value 5.94b / 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 = 7.92% (E(4.44b)/V(6.42b) * Re(11.44%) + (debt cost/tax rate unavailable))
Discount Rate = 11.44% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 24.54%
[DCF Debug] Terminal Value 66.72% ; FCFE base≈327.4m ; Y1≈325.0m ; Y5≈339.7m
Fair Price DCF = 22.76 (DCF Value 3.61b / Shares Outstanding 158.8m; 5y FCF grow -1.47% → 3.0% )
EPS Correlation: 33.38 | EPS CAGR: 104.7% | SUE: -0.52 | # QB: 0
Revenue Correlation: 86.46 | Revenue CAGR: 46.12% | SUE: 0.80 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.28 | Chg30d=+0.064 | Revisions Net=+1 | Analysts=5
EPS next Year (2026-12-31): EPS=1.15 | Chg30d=-0.025 | Revisions Net=+1 | Growth EPS=+47.2% | Growth Revenue=-5.8%

Additional Sources for NE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle