Nov Inc Stock Fundamentals
| NOV Stock | USD 18.83 0.03 0.16% |
NOV Inc fundamentals help investors to digest information that contributes to NOV's financial success or failures. It also enables traders to predict the movement of NOV Stock. The fundamental analysis module provides a way to measure NOV'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 NOV stock.
At this time, NOV's Non Recurring is fairly stable compared to the past year. Non Operating Income Net Other is likely to climb to about 49.1 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 7.9 B in 2024. NOV | Select Account or Indicator |
NOV Inc Company Return On Equity Analysis
NOV's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current NOV Return On Equity | 0.17 |
Most of NOV's fundamental indicators, such as Return On Equity, 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, NOV Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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NOV Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, NOV Inc has a Return On Equity of 0.1732. This is 108.75% lower than that of the Energy Equipment & Services sector and 100.99% lower than that of the Energy industry. The return on equity for all United States stocks is 155.87% lower than that of the firm.
NOV Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NOV's current stock value. Our valuation model uses many indicators to compare NOV value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NOV competition to find correlations between indicators driving NOV's intrinsic value. More Info.NOV Inc is considered to be number one stock in return on equity category among related companies. It is regarded second in return on asset category among related companies reporting about 0.24 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NOV Inc is roughly 4.23 . At this time, NOV's Return On Equity is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value NOV by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NOV's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NOV's earnings, one of the primary drivers of an investment's value.NOV Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NOV's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NOV could also be used in its relative valuation, which is a method of valuing NOV by comparing valuation metrics of similar companies.NOV is currently under evaluation in return on equity category among related companies.
NOV 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, NOV's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NOV's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
NOV Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0409 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 9.07 B | ||||
| Shares Outstanding | 395.48 M | ||||
| Shares Owned By Insiders | 0.64 % | ||||
| Shares Owned By Institutions | 96.94 % | ||||
| Number Of Shares Shorted | 10.33 M | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 0.90 X | ||||
| Revenue | 8.58 B | ||||
| Gross Profit | 1.41 B | ||||
| EBITDA | 651 M | ||||
| Net Income | 993 M | ||||
| Cash And Equivalents | 1.07 B | ||||
| Cash Per Share | 2.54 X | ||||
| Total Debt | 2.38 B | ||||
| Debt To Equity | 0.48 % | ||||
| Current Ratio | 2.31 X | ||||
| Book Value Per Share | 15.66 X | ||||
| Cash Flow From Operations | 143 M | ||||
| Short Ratio | 2.66 X | ||||
| Earnings Per Share | 2.50 X | ||||
| Price To Earnings To Growth | 0.27 X | ||||
| Target Price | 24.09 | ||||
| Number Of Employees | 33.68 K | ||||
| Beta | 1.76 | ||||
| Market Capitalization | 7.46 B | ||||
| Total Asset | 11.29 B | ||||
| Retained Earnings | (1.16 B) | ||||
| Working Capital | 3.4 B | ||||
| Current Asset | 11.8 B | ||||
| Current Liabilities | 4.25 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.25 % | ||||
| Net Asset | 11.29 B | ||||
| Last Dividend Paid | 0.2 |
About NOV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NOV Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NOV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NOV Inc 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 532 M | 681.5 M | |
| Total Revenue | 8.6 B | 8.8 B | |
| Cost Of Revenue | 6.8 B | 6.8 B | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.17 | 0.13 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.03) | (0.03) | |
| Revenue Per Share | 21.81 | 17.64 | |
| Ebit Per Revenue | 0.07 | 0.08 |
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Complementary 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.
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Is NOV'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 NOV. If investors know NOV 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 NOV 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 4.786 | Dividend Share 0.2 | Earnings Share 2.5 | Revenue Per Share 21.84 | Quarterly Revenue Growth 0.13 |
The market value of NOV Inc is measured differently than its book value, which is the value of NOV that is recorded on the company's balance sheet. Investors also form their own opinion of NOV's value that differs from its market value or its book value, called intrinsic value, which is NOV'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 NOV's market value can be influenced by many factors that don't directly affect NOV'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 NOV's value and its price as these two are different measures arrived at by different means. Investors typically determine if NOV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NOV'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.