NOV Financials
| NOV Stock | MXN 322.44 0.00 0.00% |
NOV |
Please note, the imprecision that can be found in NOV's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NOV Inc. Check NOV's Beneish M Score to see the likelihood of NOV's management manipulating its earnings.
NOV Stock Summary
NOV competes with Halliburton, NOW, Walmart, and US Bancorp. National Oilwell Varco, Inc. designs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. The company was founded in 1862 and is based in Houston, Texas. National Oilwell operates under Oil Gas Equipment Services classification in Mexico and is traded on Mexico Stock Exchange. It employs 34220 people.| Foreign Associate | USA |
| Instrument | Mexico Stock View All |
| Exchange | Mexican Exchange |
| Business Address | 7909 Parkwood Circle |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Benchmark | Dow Jones Industrial |
| Website | www.nov.com |
| Phone | 713 346 7500 |
| Currency | MXN - Mexican Peso |
You should never invest in NOV without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NOV Stock, because this is throwing your money away. Analyzing the key information contained in NOV's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NOV Key Financial Ratios
NOV's financial ratios allow both analysts and investors to convert raw data from NOV's financial statements into concise, actionable information that can be used to evaluate the performance of NOV over time and compare it to other companies across industries.| Return On Equity | 0.0304 | |||
| Return On Asset | 0.0168 | |||
| Number Of Employees | 22 | |||
| Beta | 1.89 | |||
| Z Score | 62.4 |
NOV Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NOV's current stock value. Our valuation model uses many indicators to compare NOV value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NOV competition to find correlations between indicators driving NOV's intrinsic value. More Info.NOV Inc is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NOV Inc is roughly 1.81 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NOV by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NOV's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NOV Inc Systematic Risk
NOV's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NOV volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on NOV Inc correlated with the market. If Beta is less than 0 NOV generally moves in the opposite direction as compared to the market. If NOV Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NOV Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NOV is generally in the same direction as the market. If Beta > 1 NOV moves generally in the same direction as, but more than the movement of the benchmark.
NOV December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NOV help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NOV Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of NOV Inc based on widely used predictive technical indicators. In general, we focus on analyzing NOV Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NOV's daily price indicators and compare them against related drivers.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 0.4736 |
Additional Tools for NOV Stock Analysis
When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.