NOV Valuation
| NOV Stock | USD 16.25 0.36 2.17% |
At this time, the firm appears to be undervalued. NOV Inc secures a last-minute Real Value of $20.78 per share. The latest price of the firm is $16.25. Our model forecasts the value of NOV Inc from reviewing the firm fundamentals such as Return On Asset of 0.0428, profit margin of 0.12 %, and Return On Equity of 0.18 as well as analyzing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting NOV's valuation include:
Price Book 0.9998 | Enterprise Value 7.9 B | Enterprise Value Ebitda 6.6263 | Price Sales 0.7257 | Forward PE 9.6525 |
Undervalued
Today
Please note that NOV's price fluctuation is very steady at this time. Calculation of the real value of NOV Inc is based on 3 months time horizon. Increasing NOV's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the NOV stock is determined by what a typical buyer is willing to pay for full or partial control of NOV Inc. Since NOV is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NOV Stock. However, NOV's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 16.25 | Real 20.78 | Target 25.04 | Hype 16.61 | Naive 15.94 |
The intrinsic value of NOV's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence NOV's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of NOV Inc helps investors to forecast how NOV stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of NOV more accurately as focusing exclusively on NOV's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use NOV's intrinsic value based on its ongoing forecasts of NOV's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against NOV's closest peers.
NOV Cash |
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NOV Valuation Trend
Analysing the historical paterns of NOV's enterprise value and its market capitalization is a good way to estimate and gauge the value of NOV Inc over time and is usually enough for investors to make rational market timing decisions.
NOV Total Value Analysis
NOV Inc is now estimated to have company total value of 7.88 B with market capitalization of 6.46 B, debt of 2.38 B, and cash on hands of 1.07 B. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the NOV fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
7.88 B | 6.46 B | 2.38 B | 1.07 B |
NOV Investor Information
About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.0. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NOV Inc has Price/Earnings To Growth (PEG) ratio of 0.27. The entity last dividend was issued on the 6th of December 2024. The firm had 1109:1000 split on the 2nd of June 2014. Based on the key indicators related to NOV's liquidity, profitability, solvency, and operating efficiency, NOV Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter.NOV Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. NOV has an asset utilization ratio of 76.0 percent. This indicates that the Company is making $0.76 for each dollar of assets. An increasing asset utilization means that NOV Inc is more efficient with each dollar of assets it utilizes for everyday operations.NOV Ownership Allocation
NOV Inc maintains a total of 389.08 Million outstanding shares. The majority of NOV outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NOV Inc to benefit from reduced commissions. Accordingly, institutional holders are subject to a different set of regulations than regular investors in NOV Inc. Please pay attention to any change in the institutional holdings of NOV as this could imply that something significant has changed or is about to change at the company. Also note that almost one hundred seventy-five thousand eighty-eight invesors are currently shorting NOV expressing very little confidence in its future performance.NOV Profitability Analysis
The company reported the last year's revenue of 8.58 B. Total Income to common stockholders was 993 M with profit before taxes, overhead, and interest of 1.41 B.NOV Past Distributions to stockholders
About NOV Valuation
Our relative valuation model uses a comparative analysis of NOV. We calculate exposure to NOV's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of NOV's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 1.8 B | 2 B | |
| Pretax Profit Margin | 0.07 | 0.08 | |
| Operating Profit Margin | 0.08 | 0.08 | |
| Net Profit Margin | 0.12 | 0.12 | |
| Gross Profit Margin | (0.02) | (0.02) |
A single share of NOV represents a small ownership stake in the entity. As a stockholder of NOV, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
NOV Dividends Analysis For Valuation
At this time, NOV's Dividend Yield is fairly stable compared to the past year. Dividend Payout Ratio is likely to climb to 0.08 in 2024, whereas Dividends Paid is likely to drop slightly above 75 M in 2024. . Earnings Yield is likely to climb to 0.13 in 2024, despite the fact that Retained Earnings are likely to grow to (1.1 B).
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 79 M | 75 M | |
| Dividend Yield | 0.01 | 0.02 | |
| Dividend Payout Ratio | 0.08 | 0.08 | |
| Dividend Paid And Capex Coverage Ratio | 0.40 | 0.38 |
There are various types of dividends NOV can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of NOV shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from NOV Inc directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When NOV pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of NOV by the value of the dividends paid out.
NOV Growth Indicators
Investing in growth stocks can be very risky. If the company such as NOV does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 397 M | |
| Quarterly Earnings Growth Y O Y | 0.138 | |
| Forward Price Earnings | 9.6525 |
NOV Current Valuation Indicators
NOV's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final NOV's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as NOV, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use NOV's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes NOV's worth.Additional Tools for NOV Stock Analysis
When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.