NOV Valuation
| NOV Stock | USD 18.83 0.03 0.16% |
At this time, the firm appears to be overvalued. NOV Inc secures a last-minute Real Value of $15.85 per share. The latest price of the firm is $18.83. Our model forecasts the value of NOV Inc from reviewing the firm fundamentals such as Return On Asset of 0.0409, profit margin of 0.12 %, and Return On Equity of 0.17 as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors recommend buying undervalued stocks and disposing overvalued stocks since, at some point in time, asset prices and their ongoing real values will merge together. Key fundamental drivers impacting NOV's valuation include:
Price Book 1.2587 | Enterprise Value 9.1 B | Enterprise Value Ebitda 9.3057 | Price Sales 0.9045 | Forward PE 12.87 |
Overvalued
Today
Please note that NOV's price fluctuation is not too volatile 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.
Our valuation method for NOV Inc is useful when determining the fair value of the NOV stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of NOV. 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 18.83 | Real 15.85 | Target 25.04 | Hype 18.86 | Naive 17.84 |
The real value of NOV Stock, also known as its intrinsic value, is the underlying worth of NOV Inc Company, which is reflected in its stock price. It is based on NOV's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. 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. When choosing an evaluation method for NOV Inc, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.
NOV Investments |
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NOV Valuation Trend
Knowing NOV's actual value is paramount for traders to make sound investment determinations. NOV's real value is not only important for the investor to make better decisions but also for a more accurate overall view of NOV's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both NOV's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.
NOV Market Cap
NOV Inc is considered to be number one stock in market capitalization category among related companies. Market capitalization of Energy industry is now estimated at about 14.87 Billion. NOV totals roughly 7.46 Billion in market capitalization claiming about 50% of equities under Energy industry.NOV Valuation Ratios as Compared to Competition
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 regarded second in price to book category among related companies. It is regarded fifth in price to sales category among related companies fabricating about 0.72 of Price To Sales per Price To Book. The ratio of Price To Book to Price To Sales for NOV Inc is roughly 1.39 . At this time, NOV's Price To Sales Ratio 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.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates NOV's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in NOV and how it compares across the competition.
About NOV Valuation
The stock valuation mechanism determines the current worth of NOV Inc on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of NOV Inc. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of NOV Inc based exclusively on its fundamental and basic technical indicators. By analyzing NOV's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of NOV's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of NOV. We calculate exposure to NOV's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NOV's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 1.8 B | 2 B | |
| Pretax Profit Margin | 0.07 | 0.07 | |
| Operating Profit Margin | 0.07 | 0.08 | |
| Net Profit Margin | 0.12 | 0.12 | |
| Gross Profit Margin | 0.21 | 0.23 |
8 Steps to conduct NOV's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates NOV's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct NOV's valuation analysis, follow these 8 steps:- Gather financial information: Obtain NOV's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine NOV's revenue streams: Identify NOV's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research NOV's industry and market trends, including the size of the market, growth rate, and competition.
- Establish NOV's growth potential: Evaluate NOV's management, business model, and growth potential.
- Determine NOV's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate NOV's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
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 | 0.01 | |
| Dividend Payout Ratio | 0.08 | 0.08 | |
| Dividend Paid And Capex Coverage Ratio | (0.70) | (0.67) |
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
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, 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 | 4.786 | |
| Forward Price Earnings | 12.87 |
NOV Current Valuation Indicators
Valuation refers to the process of determining the present value of NOV Inc and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value NOV we look at many different elements of the entity such as NOV's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. NOV's valuation analysis is also 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.When determining whether NOV Inc is a strong investment it is important to analyze NOV's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NOV's future performance. For an informed investment choice regarding NOV Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOV Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. 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 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.