Noble vs Transocean
NE and RIG side by side, both in oil and gas field services. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How NE and RIG compare
Noble and Transocean are about the same size, with market caps of $6.7B and $5.9B.
Noble keeps more of each dollar of sales as profit, with a net margin of 1.8% compared with −40.2% at Transocean.
Noble pays a dividend yielding 4.7%; Transocean does not pay one.
Noble scores higher on the StockData Score (7 against 4 for Transocean), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | NE | RIG |
|---|---|---|
| Size and price | ||
| Market cap | $6.7B | $5.9B |
| Share price | $42.22 | $5.31 |
| Change, 1 year | 44.7% | 26.4% |
| Change, 5 years | 65.2% | 78.2% |
| Beta (5Y) | 1.00 | 1.25 |
| Employees | 4,500 | 5,600 |
| StockData Score | ||
| Total score | 7 (better) | 4 |
| Valuation score | 0 | 1 (better) |
| Growth score | 1 | 1 |
| Performance score | 1 (better) | 0 |
| Health score | 2 | 2 |
| Dividend score | 3 (better) | 0 |
| Valuation | ||
| P/E | 121× | – |
| P/S | 2.2× | 1.4× (better) |
| P/B | 1.6× | 0.7× (better) |
| EV/EBITDA | 23.1× | – |
| P/FCF | – | 6.6× |
| FCF yield | – | 15.2% |
| Fair value | $23.95 | $3.64 |
| Margin of safety | −76.3% | −46.0% (better) |
| Growth | ||
| Revenue growth (TTM) | −13.0% | – |
| Revenue growth, 5Y average | 27.8% (better) | 4.7% |
| Net income growth (TTM) | −76.3% | – |
| EPS growth (TTM) | −75.2% | – |
| Profitability | ||
| Gross margin | – | 41.6% |
| Operating margin | 12.0% (better) | −24.2% |
| Net margin | 1.8% (better) | −40.2% |
| FCF margin | – | 22.0% |
| Return on equity | 1.2% (better) | −18.7% |
| Return on invested capital | 3.0% (better) | −5.6% |
| Financial health | ||
| Debt / equity | 0.44 (better) | 0.61 |
| Net debt / EBITDA | 4.33 | – |
| Interest coverage | 2.3× (better) | −1.7× |
| Current ratio | 1.76 (better) | 1.59 |
| Altman Z-score | 2.09 (better) | −0.03 |
| Piotroski F-score | 4 | 5 (better) |
| Dividends and buybacks | ||
| Dividend yield | 4.7% | – |
| Payout ratio | 602% | – |
| Years of dividend growth | 2 | – |
| Buyback yield | 0.00% | – |
| Shareholder yield | 4.7% (better) | 0.00% |
| Ownership | ||
| Held by institutions | 87.5% | 90.0% |
| Held by insiders | 20.5% | 19.2% |
| Insider net buying, 12 months | −$22.9M | −$2.4M (better) |
| Superinvestors holding | 1 | 2 (better) |
| Short interest, % of float | 11.1% | 35.8% |
Go deeper
- NE stock overview
- NE income statement
- NE valuation and score
- RIG stock overview
- RIG income statement
- RIG valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.