Noble vs Valaris
NE and VAL 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 VAL compare
Noble is the larger company, worth 1.2 times as much as Valaris ($6.7B against $5.6B).
On earnings, Valaris is cheaper: it trades at 6.0× trailing earnings, against 121× for Noble.
Noble grew revenue faster over the last twelve months (−13.0% versus −13.2% for Valaris).
Valaris keeps more of each dollar of sales as profit, with a net margin of 44.0% compared with 1.8% at Noble.
Noble pays a dividend yielding 4.7%; Valaris does not pay one.
Valaris scores higher on the StockData Score (13 against 7 for Noble), 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 | VAL |
|---|---|---|
| Size and price | ||
| Market cap | $6.7B | $5.6B |
| Share price | $42.22 | $80.69 |
| Change, 1 year | 44.7% | 44.1% |
| Change, 5 years | 65.2% | 137% |
| Beta (5Y) | 1.00 | 0.87 |
| Employees | 4,500 | 5,070 |
| StockData Score | ||
| Total score | 7 | 13 (better) |
| Valuation score | 0 | 4 (better) |
| Growth score | 1 | 2 (better) |
| Performance score | 1 | 4 (better) |
| Health score | 2 | 3 (better) |
| Dividend score | 3 (better) | 0 |
| Valuation | ||
| P/E | 121× | 6.0× (better) |
| P/S | 2.2× (better) | 2.6× |
| P/B | 1.6× (better) | 1.7× |
| EV/EBITDA | 23.1× (better) | 25.5× |
| PEG | – | 0.07 |
| FCF yield | – | −0.43% |
| Fair value | $23.95 | $115.83 |
| Margin of safety | −76.3% | 30.3% (better) |
| Growth | ||
| Revenue growth (TTM) | −13.0% (better) | −13.2% |
| Revenue growth, 5Y average | 27.8% (better) | 10.7% |
| Net income growth (TTM) | −76.3% | 241% (better) |
| EPS growth (TTM) | −75.2% | 248% (better) |
| Profitability | ||
| Gross margin | – | 24.8% |
| Operating margin | 12.0% (better) | 11.3% |
| Net margin | 1.8% | 44.0% (better) |
| FCF margin | – | −1.1% |
| Return on equity | 1.2% | 33.9% (better) |
| Return on invested capital | 3.0% | 7.2% (better) |
| Financial health | ||
| Debt / equity | 0.44 | 0.34 (better) |
| Net debt / EBITDA | 4.33 | 2.27 (better) |
| Interest coverage | 2.3× | – |
| Current ratio | 1.76 (better) | 1.55 |
| Altman Z-score | 2.09 | 2.76 (better) |
| Piotroski F-score | 4 | 7 (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% | 90.2% |
| Held by insiders | 20.5% | 45.4% |
| Insider net buying, 12 months | −$22.9M | – |
| Superinvestors holding | 1 | – |
| Short interest, % of float | 11.1% | 15.4% |
Go deeper
- NE stock overview
- NE income statement
- NE valuation and score
- VAL stock overview
- VAL income statement
- VAL valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.