(NOV) NOV - Overview
Sector: Energy | Industry: Oil & Gas Equipment & Services | Exchange: NYSE (USA) | Market Cap: 7.468m USD | Total Return: 72.6% in 12m
Avg Turnover: 78.2M
EPS Trend: -61.1%
Qual. Beats: -3
Rev. Trend: 59.5%
Qual. Beats: 0
Warnings
P/E ratio 83.2
Below Avwap Earnings
Tailwinds
No distinct edge detected
NOV Inc. is a global provider of technology, equipment, and services for the oil and gas, industrial, and renewable energy sectors. The company operates through two primary segments: Energy Products and Services, which focuses on consumable goods and technical services like drill bits and tubular coatings, and Energy Equipment, which provides capital infrastructure such as offshore drilling packages and hydraulic stimulation units.
The oil and gas equipment and services sector is characterized by high capital intensity and a direct correlation to global upstream capital expenditure cycles. NOV’s business model relies on a mix of long-cycle capital equipment sales and short-cycle aftermarket parts and services, which helps mitigate volatility during fluctuations in commodity prices.
Investors may find it useful to examine ValueRay for further data on this companys valuation metrics.
Founded in 1862 and headquartered in Houston, Texas, the firm rebranded from National Oilwell Varco to NOV Inc. in 2021 to reflect its expanding footprint in the energy transition and industrial markets.
- Global offshore drilling rig upgrade cycle increases capital equipment backlogs
- International and Middle East land rig expansion drives high-margin services revenue
- Volatile crude oil prices dictate capital expenditure budgets of exploration companies
- Rising demand for renewable energy infrastructure diversifies long-term revenue streams
- Raw material cost fluctuations and supply chain constraints impact manufacturing margins
| Net Income: 92.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -3.62 > 1.0 |
| NWC/Revenue: 39.17% < 20% (prev 40.85%; Δ -1.68% < -1%) |
| CFO/TA 0.10 > 3% & CFO 1.09b > Net Income 92.0m |
| Net Debt (1.62b) to EBITDA (735.0m): 2.21 < 3 |
| Current Ratio: 2.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (364.0m) vs 12m ago -4.96% < -2% |
| Gross Margin: 19.54% > 18% (prev 0.23%; Δ 1.93k% > 0.5%) |
| Asset Turnover: 77.56% > 50% (prev 78.22%; Δ -0.66% > 0%) |
| Interest Coverage Ratio: 4.28 > 6 (EBITDA TTM 735.0m / Interest Expense TTM 88.0m) |
| A: 0.31 (Total Current Assets 5.72b - Total Current Liabilities 2.32b) / Total Assets 11.1b |
| B: -0.06 (Retained Earnings -687.0m / Total Assets 11.1b) |
| C: 0.03 (EBIT TTM 377.0m / Avg Total Assets 11.2b) |
| D: -0.43 (Book Value of Equity -2.10b / Total Liabilities 4.88b) |
| Altman-Z'' = 1.58 = BB |
| DSRI: 0.94 (Receivables 2.30b/2.47b, Revenue 8.69b/8.82b) |
| GMI: 1.16 (GM 19.54% / 22.67%) |
| AQI: 0.98 (AQ_t 0.26 / AQ_t-1 0.27) |
| SGI: 0.99 (Revenue 8.69b / 8.82b) |
| TATA: -0.09 (NI 92.0m - CFO 1.09b) / TA 11.1b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of May 29, 2026, the stock is trading at USD 20.26 with a total of 1,764,298 shares traded.
Over the past week, the price has changed by -4.21%,
over one month by -0.15%,
over three months by +0.48% and
over the past year by +72.56%.
NOV has received a consensus analysts rating of 3.54. Therefore, it is recommended to hold NOV.
- StrongBuy: 5
- Buy: 7
- Hold: 9
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 21.4 | 5.6% |
P/E Trailing = 83.24
P/E Forward = 23.3645
P/S = 0.8591
P/B = 1.2023
P/EG = 1.294
Revenue TTM = 8.69b USD
EBIT TTM = 377.0m USD
EBITDA TTM = 735.0m USD
Long Term Debt = 1.69b USD (from longTermDebt, last quarter)
Short Term Debt = 127.0m USD (from shortTermDebt, last quarter)
Debt = 2.96b USD (from shortLongTermDebtTotal, last quarter) + Leases 624.0m
Net Debt = 1.62b USD (calculated: Debt 2.96b - CCE 1.34b)
Enterprise Value = 9.09b USD (7.47b + Debt 2.96b - CCE 1.34b)
Interest Coverage Ratio = 4.28 (Ebit TTM 377.0m / Interest Expense TTM 88.0m)
EV/FCF = 12.38x (Enterprise Value 9.09b / FCF TTM 734.0m)
FCF Yield = 8.08% (FCF TTM 734.0m / Enterprise Value 9.09b)
FCF Margin = 8.44% (FCF TTM 734.0m / Revenue TTM 8.69b)
Net Margin = 1.06% (Net Income TTM 92.0m / Revenue TTM 8.69b)
Gross Margin = 19.54% ((Revenue TTM 8.69b - Cost of Revenue TTM 6.99b) / Revenue TTM)
Gross Margin QoQ = 18.47% (prev 20.29%)
Tobins Q-Ratio = 0.82 (Enterprise Value 9.09b / Total Assets 11.1b)
Interest Expense / Debt = 2.97% (Interest Expense 88.0m / Debt 2.96b)
Taxrate = 42.86% (15.0m / 35.0m)
NOPAT = 215.4m (EBIT 377.0m * (1 - 42.86%))
Current Ratio = 2.47 (Total Current Assets 5.72b / Total Current Liabilities 2.32b)
Debt / Equity = 0.48 (Debt 2.96b / totalStockholderEquity, last quarter 6.21b)
Debt / EBITDA = 2.21 (Net Debt 1.62b / EBITDA 735.0m)
Debt / FCF = 2.21 (Net Debt 1.62b / FCF TTM 734.0m)
Total Stockholder Equity = 6.36b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.82% (Net Income 92.0m / Total Assets 11.1b)
RoE = 1.31% (Net Income TTM 92.0m / Total Stockholder Equity 7.05b)
RoCE = 4.32% (EBIT 377.0m / Capital Employed (Equity 7.05b + L.T.Debt 1.69b))
RoIC = 2.83% (NOPAT 215.4m / Invested Capital 7.61b)
WACC = 7.81% (E(7.47b)/V(10.4b) * Re(10.24%) + D(2.96b)/V(10.4b) * Rd(2.97%) * (1-Tc(0.43)))
Discount Rate = 10.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.61 | Cagr: -3.78%
[DCF] Terminal Value 73.10% ; FCFF base≈900.8m ; Y1≈789.9m ; Y5≈638.2m
[DCF] Fair Price = 24.03 (EV 10.2b - Net Debt 1.62b = Equity 8.62b / Shares 358.9m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -61.11 | EPS CAGR: -33.07% | SUE: -0.89 | # QB: -3
Revenue Correlation: 59.55 | Revenue CAGR: 2.09% | SUE: 0.08 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.16 | Chg30d=-21.10% | Revisions=-67% | Analysts=12
EPS next Quarter (2026-09-30): EPS=0.25 | Chg30d=-7.20% | Revisions=-20% | Analysts=12
EPS current Year (2026-12-31): EPS=0.80 | Chg30d=-15.53% | Revisions=-67% | GrowthEPS=+105.9% | GrowthRev=-1.6%
EPS next Year (2027-12-31): EPS=1.27 | Chg30d=+1.76% | Revisions=+29% | GrowthEPS=+58.5% | GrowthRev=+5.1%
[Analyst] Revisions Ratio: -67%