Noble Plc Stock Net Income
| NE Stock | USD 45.15 1.06 2.29% |
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 | ||
| Net Income | 481.9 M | 506 M | |
| Net Income Applicable To Common Shares | 152.1 M | 159.7 M | |
| Net Income From Continuing Ops | 481.9 M | 506 M | |
| Net Income Per Share | 3.48 | 3.66 | |
| Net Income Per E B T | 0.94 | 0.91 |
Noble | Net Income |
Noble plc Company Net Income Analysis
Noble Plc's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Noble Plc Net Income | 481.9 M |
Most of Noble Plc's fundamental indicators, such as Net Income, 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 Net Income 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 Net Income. 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Noble Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Noble plc reported net income of 481.9 M. This is 78.79% lower than that of the Energy Equipment & Services sector and 220.09% lower than that of the Energy industry. The net income for all United States stocks is 15.6% higher than that of the company.
Noble Net Income 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 Net Income 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 net income category among related companies.
Noble Plc Institutional Holders
Institutional Holdings refers to the ownership stake in Noble Plc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Noble Plc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Noble Plc's value.| Shares | Robotti Robert | 2023-12-31 | 268.7 K | Dnb Nor Asset Management (asia) | 2023-12-31 | 50.9 K | Public Employees Retirt Assn Of Colorado | 2023-12-31 | 11.8 K |
Noble Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0716 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 6.85 B | ||||
| Shares Outstanding | 142.82 M | ||||
| Shares Owned By Insiders | 21.84 % | ||||
| Shares Owned By Institutions | 70.79 % | ||||
| Number Of Shares Shorted | 7.29 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 | 27.86 X | ||||
| Cash Flow From Operations | 574.34 M | ||||
| Short Ratio | 6.26 X | ||||
| Earnings Per Share | 3.32 X | ||||
| Price To Earnings To Growth | 0.01 X | ||||
| Target Price | 60.55 | ||||
| Number Of Employees | 3.6 K | ||||
| Beta | 1.02 | ||||
| Market Capitalization | 6.61 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 | 0.7 |
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.
Noble Plc Investors Sentiment
The influence of Noble Plc's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Noble. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Noble Plc's public news can be used to forecast risks associated with an investment in Noble. The trend in average sentiment can be used to explain how an investor holding Noble can time the market purely based on public headlines and social activities around Noble plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Noble Plc's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Noble Plc's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Noble Plc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Noble Plc.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Noble Plc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Noble Plc's short interest history, or implied volatility extrapolated from Noble Plc options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |
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 0.123 | Dividend Share 0.7 | Earnings Share 3.32 | Revenue Per Share 17.79 | Quarterly Revenue Growth 0.04 |
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.