SLB Valuation

Schlumberger NV

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33.810

+0.45(1.349%)1D

Overview
Forecast
Valuation
Earnings

SLB Relative Valuation

SLB'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, SLB is overvalued; if below, it's undervalued.

Historical Valuation

Schlumberger NV (SLB) is now in the Undervalued zone, suggesting that its current forward PE ratio of 11.86 is considered Undervalued compared with the five-year average of 16.96. The fair price of Schlumberger NV (SLB) is between 39.62 to 60.78 according to relative valuation methord. Compared to the current price of 33.36 USD , Schlumberger NV is Undervalued By 15.8%.

Relative Value

Fair Zone

39.62-60.78

Current Price：33.36

15.8%

Undervalued

12.04

Trailing

Forward

6.98

EV/EBITDA

Schlumberger NV. (SLB) has a current EV/EBITDA of 6.98. The 5-year average EV/EBITDA is 9.42. The thresholds are as follows: Strongly Undervalued below 6.27, Undervalued between 6.27 and 7.84, Fairly Valued between 10.99 and 7.84, Overvalued between 10.99 and 12.57, and Strongly Overvalued above 12.57. The current Forward EV/EBITDA of 6.98 falls within the Undervalued range.

10.17

EV/EBIT

Schlumberger NV. (SLB) has a current EV/EBIT of 10.17. The 5-year average EV/EBIT is 14.51. The thresholds are as follows: Strongly Undervalued below 6.65, Undervalued between 6.65 and 10.58, Fairly Valued between 18.44 and 10.58, Overvalued between 18.44 and 22.38, and Strongly Overvalued above 22.38. The current Forward EV/EBIT of 10.17 falls within the Undervalued range.

1.35

Schlumberger NV. (SLB) has a current PS of 1.35. The 5-year average PS is 1.81. The thresholds are as follows: Strongly Undervalued below 1.11, Undervalued between 1.11 and 1.46, Fairly Valued between 2.16 and 1.46, Overvalued between 2.16 and 2.50, and Strongly Overvalued above 2.50. The current Forward PS of 1.35 falls within the Undervalued range.

7.13

P/OCF

Schlumberger NV. (SLB) has a current P/OCF of 7.13. The 5-year average P/OCF is 9.75. The thresholds are as follows: Strongly Undervalued below 5.77, Undervalued between 5.77 and 7.76, Fairly Valued between 11.74 and 7.76, Overvalued between 11.74 and 13.72, and Strongly Overvalued above 13.72. The current Forward P/OCF of 7.13 falls within the Undervalued range.

10.28

P/FCF

Schlumberger NV. (SLB) has a current P/FCF of 10.28. The 5-year average P/FCF is 15.71. The thresholds are as follows: Strongly Undervalued below 7.17, Undervalued between 7.17 and 11.44, Fairly Valued between 19.98 and 11.44, Overvalued between 19.98 and 24.25, and Strongly Overvalued above 24.25. The current Forward P/FCF of 10.28 falls within the Undervalued range.

Schlumberger NV (SLB) has a current Price-to-Book (P/B) ratio of 2.22. Compared to its 3-year average P/B ratio of 3.42 , the current P/B ratio is approximately -35.13% higher. Relative to its 5-year average P/B ratio of 3.31, the current P/B ratio is about -32.95% higher. Schlumberger NV (SLB) has a Forward Free Cash Flow (FCF) yield of approximately 8.75%. Compared to its 3-year average FCF yield of 5.08%, the current FCF yield is approximately 72.22% lower. Relative to its 5-year average FCF yield of 5.29% , the current FCF yield is about 65.46% lower.

2.26

P/B

Median3y

3.42

Median5y

3.31

8.74

FCF Yield

Median3y

5.08

Median5y

5.29

Competitors Valuation Multiple

The average P/S ratio for SLB's competitors is 1.12, providing a benchmark for relative valuation. Schlumberger NV Corp (SLB) exhibits a P/S ratio of 1.35, which is 20.39% above the industry average. Given its robust revenue growth of -6.49%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Noble Corporation PLC

Patterson-UTI Energy Inc

0.45

-9.56%

2.08B

Performance Decomposition

Market capitalization of SLB decreased by 22.15% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from 12.53 to 12.26.

The secondary factor is the Revenue Growth, contributed -6.49%to the performance.

Overall, the performance of SLB in the past 1 year is driven by Margin Expansion. Which is more sustainable.

-6.49%

9.14B → 8.55B

Revenue Growth

-2.15%

12.53 → 12.26

Margin Expansion

-13.51%

13.39 → 11.58

P/E Change

-22.15%