NENoble Corporation plc

$45.14

Is the price fair?

What NE's price assumes

Noble Corporation plc trades at 48.0× earnings against 16.4× for the median Energy name, more expensive than its own group.

48.0

Trailing P/E · Energy median 16.4 · 2.93× the median: the market pays up for this one

Price / sales
2.45

Price / sales · as of 2026-Q1

Free cash flow yield
4.3%

Free cash flow yield · Oil & Gas Drilling median 6.8%

Growth the price implies
+7.7%

Growth the price implies · The price pays for +7.7% free cash flow growth a year for a decade; the business has delivered +30% a year over the last three.

Details
Price / book2026-Q1
1.71
EV / EBIT2026-Q1
20.1
EV / sales2026-Q1
2.85
Energy median P/E127 names
16.4
Free cash flow, trailing twelve months
$284M
Market capitalisation
$6.65B
3-year revenue growth
+12%
3-year free cash flow growth
+30%
NE has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 28.8× today against a 12.2× median
52-week range$24.85 – $53.79
Today$45.14

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.