Nov Inc Stock Net Asset
NO8 Stock | EUR 14.19 0.10 0.71% |
NOV Inc fundamentals help investors to digest information that contributes to NOV's financial success or failures. It also enables traders to predict the movement of NOV Stock. The fundamental analysis module provides a way to measure NOV's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NOV stock.
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NOV Inc Company Net Asset Analysis
NOV's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current NOV Net Asset | 10.13 B |
Most of NOV's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NOV Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, NOV Inc has a Net Asset of 10.13 B. This is much higher than that of the Energy sector and significantly higher than that of the Oil & Gas Equipment & Services industry. The net asset for all Germany stocks is notably lower than that of the firm.
NOV Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NOV's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NOV could also be used in its relative valuation, which is a method of valuing NOV by comparing valuation metrics of similar companies.NOV is currently under evaluation in net asset category among its peers.
NOV Fundamentals
Return On Equity | 0.0304 | |||
Return On Asset | 0.0248 | |||
Profit Margin | 0.02 % | |||
Operating Margin | 0.05 % | |||
Current Valuation | 8.84 B | |||
Shares Outstanding | 392.83 M | |||
Shares Owned By Insiders | 0.63 % | |||
Shares Owned By Institutions | 94.92 % | |||
Price To Book | 1.61 X | |||
Price To Sales | 1.11 X | |||
Revenue | 7.24 B | |||
Gross Profit | 1.41 B | |||
EBITDA | 617 M | |||
Net Income | 155 M | |||
Cash And Equivalents | 1.27 B | |||
Cash Per Share | 3.29 X | |||
Total Debt | 1.72 B | |||
Debt To Equity | 24.00 % | |||
Current Ratio | 3.30 X | |||
Book Value Per Share | 12.97 X | |||
Cash Flow From Operations | (179 M) | |||
Earnings Per Share | 0.37 X | |||
Price To Earnings To Growth | (26.67) X | |||
Target Price | 25.37 | |||
Number Of Employees | 32.31 K | |||
Beta | 1.89 | |||
Market Capitalization | 8.18 B | |||
Total Asset | 10.13 B | |||
Z Score | 2.4 | |||
Annual Yield | 0.01 % | |||
Five Year Return | 1.96 % | |||
Net Asset | 10.13 B | |||
Last Dividend Paid | 0.2 |
About NOV Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NOV Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NOV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NOV Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in NOV Stock
When determining whether NOV Inc is a strong investment it is important to analyze NOV's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NOV's future performance. For an informed investment choice regarding NOV Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.