NOV Valuation

Nov Inc

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15.400

+0.03(0.195%)1D

NOV Relative Valuation

NOV's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NOV is overvalued; if below, it's undervalued.

Historical Valuation

Nov Inc (NOV) is now in the Fair zone, suggesting that its current forward PS ratio of 15.40 is considered Fairly compared with the five-year average of 3.92. The fair price of Nov Inc (NOV) is between to according to relative valuation methord.

Relative Value

Fair Zone

Current Price：15.40

Fair

14.81

Trailing

Forward

7.16

EV/EBITDA

Nov Inc. (NOV) has a current EV/EBITDA of 7.16. The 5-year average EV/EBITDA is 11.50. The thresholds are as follows: Strongly Undervalued below -1.37, Undervalued between -1.37 and 5.06, Fairly Valued between 17.94 and 5.06, Overvalued between 17.94 and 24.37, and Strongly Overvalued above 24.37. The current Forward EV/EBITDA of 7.16 falls within the Historic Trend Line -Fairly Valued range.

11.08

EV/EBIT

Nov Inc. (NOV) has a current EV/EBIT of 11.08. The 5-year average EV/EBIT is -33.71. The thresholds are as follows: Strongly Undervalued below -451.54, Undervalued between -451.54 and -242.62, Fairly Valued between 175.21 and -242.62, Overvalued between 175.21 and 384.12, and Strongly Overvalued above 384.12. The current Forward EV/EBIT of 11.08 falls within the Historic Trend Line -Fairly Valued range.

15.40

Nov Inc. (NOV) has a current PS of 15.40. The 5-year average PS is 0.94. The thresholds are as follows: Strongly Undervalued below -1.37, Undervalued between -1.37 and -0.21, Fairly Valued between 2.09 and -0.21, Overvalued between 2.09 and 3.24, and Strongly Overvalued above 3.24. The current Forward PS of 15.40 falls within the Strongly Overvalued range.

6.78

P/OCF

Nov Inc. (NOV) has a current P/OCF of 6.78. The 5-year average P/OCF is 13.75. The thresholds are as follows: Strongly Undervalued below -38.59, Undervalued between -38.59 and -12.42, Fairly Valued between 39.92 and -12.42, Overvalued between 39.92 and 66.09, and Strongly Overvalued above 66.09. The current Forward P/OCF of 6.78 falls within the Historic Trend Line -Fairly Valued range.

11.28

P/FCF

Nov Inc. (NOV) has a current P/FCF of 11.28. The 5-year average P/FCF is -53.19. The thresholds are as follows: Strongly Undervalued below -674.53, Undervalued between -674.53 and -363.86, Fairly Valued between 257.48 and -363.86, Overvalued between 257.48 and 568.14, and Strongly Overvalued above 568.14. The current Forward P/FCF of 11.28 falls within the Historic Trend Line -Fairly Valued range.

Nov Inc (NOV) has a current Price-to-Book (P/B) ratio of 0.87. Compared to its 3-year average P/B ratio of 1.16 , the current P/B ratio is approximately -24.36% higher. Relative to its 5-year average P/B ratio of 1.19, the current P/B ratio is about -26.22% higher. Nov Inc (NOV) has a Forward Free Cash Flow (FCF) yield of approximately 0.16%. Compared to its 3-year average FCF yield of 4.52%, the current FCF yield is approximately -96.55% lower. Relative to its 5-year average FCF yield of 4.81% , the current FCF yield is about -96.75% lower.

0.87

P/B

Median3y

1.16

Median5y

1.19

15.61

FCF Yield

Median3y

4.52

Median5y

4.81

Competitors Valuation Multiple

The average P/S ratio for NOV's competitors is 34.51, providing a benchmark for relative valuation. Nov Inc Corp (NOV) exhibits a P/S ratio of 15.40, which is -55.37% above the industry average. Given its robust revenue growth of -0.68%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Weatherford International PLC

Kodiak Gas Services Inc

Performance Decomposition

Market capitalization of NOV decreased by 3.41% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 9.47 to 15.46.

The secondary factor is the Revenue Growth, contributed -0.68%to the performance.

Overall, the performance of NOV in the past 1 year is driven by P/E Change. Which is more unsustainable.

-0.68%

2.19B → 2.18B

Revenue Growth

-65.94%

5.93 → 2.02

Margin Expansion

63.21%

9.47 → 15.46

P/E Change

-3.41%