Noble Plc Stock Book Value Per Share
NE Stock | USD 46.31 0.25 0.54% |
Noble plc fundamentals help investors to digest information that contributes to Noble Plc's financial success or failures. It also enables traders to predict the movement of Noble Stock. The fundamental analysis module provides a way to measure Noble Plc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Noble Plc stock.
Last Reported | Projected for Next Year | ||
Book Value Per Share | 28.34 | 18.26 | |
Tangible Book Value Per Share | 28.26 | 18.99 |
Noble | Book Value Per Share |
Noble plc Company Book Value Per Share Analysis
Noble Plc's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Noble Plc Book Value Per Share | 27.40 X |
Most of Noble Plc's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Noble plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Noble Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Noble Plc is extremely important. It helps to project a fair market value of Noble Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Noble Plc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Noble Plc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Noble Plc's interrelated accounts and indicators.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition |
Noble Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of Noble plc is about 27.399 times. This is 13.41% higher than that of the Energy Equipment & Services sector and 35.57% higher than that of the Energy industry. The book value per share for all United States stocks is 98.58% higher than that of the company.
Noble Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Noble Plc's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Noble Plc could also be used in its relative valuation, which is a method of valuing Noble Plc by comparing valuation metrics of similar companies.Noble Plc is currently under evaluation in book value per share category among related companies.
Noble Plc ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Noble Plc's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Noble Plc's managers, analysts, and investors.Environmental | Governance | Social |
Noble Fundamentals
Return On Equity | 0.12 | ||||
Return On Asset | 0.0726 | ||||
Profit Margin | 0.19 % | ||||
Operating Margin | 0.19 % | ||||
Current Valuation | 6.95 B | ||||
Shares Outstanding | 142.82 M | ||||
Shares Owned By Insiders | 21.82 % | ||||
Shares Owned By Institutions | 72.87 % | ||||
Number Of Shares Shorted | 6.54 M | ||||
Price To Earning | 29.72 X | ||||
Price To Book | 1.78 X | ||||
Price To Sales | 2.83 X | ||||
Revenue | 2.59 B | ||||
Gross Profit | 435.75 M | ||||
EBITDA | 916.68 M | ||||
Net Income | 481.9 M | ||||
Cash And Equivalents | 194.14 M | ||||
Cash Per Share | 2.39 X | ||||
Total Debt | 611.87 M | ||||
Debt To Equity | 0.14 % | ||||
Current Ratio | 1.94 X | ||||
Book Value Per Share | 27.40 X | ||||
Cash Flow From Operations | 574.34 M | ||||
Short Ratio | 6.30 X | ||||
Earnings Per Share | 3.24 X | ||||
Price To Earnings To Growth | 0.01 X | ||||
Target Price | 59.09 | ||||
Number Of Employees | 3.6 K | ||||
Beta | 1.06 | ||||
Market Capitalization | 6.58 B | ||||
Total Asset | 5.51 B | ||||
Retained Earnings | 541.16 M | ||||
Working Capital | 420.07 M | ||||
Current Asset | 1.24 B | ||||
Current Liabilities | 863.58 M | ||||
Annual Yield | 0.03 % | ||||
Five Year Return | 5.21 % | ||||
Net Asset | 5.51 B | ||||
Last Dividend Paid | 1.1 |
About Noble Plc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Noble plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Noble Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Noble plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Noble Plc Piotroski F Score and Noble Plc Altman Z Score analysis. For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.Note that the Noble plc information on this page should be used as a complementary analysis to other Noble Plc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Noble Stock analysis
When running Noble Plc's price analysis, check to measure Noble Plc'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 Noble Plc is operating at the current time. Most of Noble Plc's value examination focuses on studying past and present price action to predict the probability of Noble Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noble Plc's price. Additionally, you may evaluate how the addition of Noble Plc to your portfolios can decrease your overall portfolio volatility.
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Is Noble Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Noble Plc. If investors know Noble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Noble Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 1.1 | Earnings Share 3.24 | Revenue Per Share 17.826 | Quarterly Revenue Growth 0.065 |
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.