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NOV

NEUTRAL
$20.46 Live
NOV Inc. · NYSE
Target $21.15 (+3.4%)
$11.65 52W Range $20.93

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated May 01, 2026
Market cap
$7.34B
P/E
81.84
ROE
1.5%
Profit margin
1.0%
Debt/Equity
0.37
Dividend yield
1.54%

AI Analysis

AI-powered fundamental assessment

Confidence
85%
NOV exhibits a stark divergence between operational health and financial performance. While the Piotroski F-Score of 8/9 indicates strong underlying balance sheet health and liquidity, the company is struggling with razor-thin profit margins (1.05%) and a catastrophic dividend payout ratio of 210%. The stock is trading at a significant premium to its Graham Number ($9.89) and Intrinsic Value ($1.75), suggesting the market is pricing in a recovery that is not yet reflected in the negative YoY revenue and earnings growth. Overall, the strong solvency provides a safety net, but the lack of earnings beats and bearish technicals limit upside potential.

Key Strengths

Strong Piotroski F-Score (8/9) indicating high financial health
Low Debt/Equity ratio (0.37) compared to sector average (1.29)
Robust liquidity with a Current Ratio of 2.47
Low Price-to-Book (1.18) and Price-to-Sales (0.84) ratios
Strong 1-year price performance (+83.1%)

Key Risks

Unsustainable dividend payout ratio (210%)
Extremely low profit margins (1.05%) and ROE (1.52%)
Negative YoY revenue (-2.40%) and earnings (-73.70%) growth
Poor earnings track record with 0/4 beats in the last four quarters
High trailing P/E (81.84) indicating expensive valuation relative to current earnings
AI Fair Value Estimate
Based on comprehensive analysis
$11.5
-43.8% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
47
Moderate
Value
35
Future
40
Past
55
Health
90
Dividend
15
AI Verdict
Speculative Recovery Play
Key drivers: Balance sheet strength, Dividend instability, Earnings misses, Sector volatility
Confidence
90%
Value
35/100

Trades at a premium to defensive fair value; forward P/E of 15.29 suggests expected earnings recovery.

Positives
  • P/S under 1.0
  • P/B near 1.0
Watchpoints
  • Price significantly exceeds Graham Number ($9.89)
  • Trailing P/E is excessive (81.84)
Future
40/100

Growth metrics are currently negative, making the 'future' score dependent on sector recovery.

Positives
  • Forward P/E is reasonable
  • PEG ratio of 1.24 is moderate
Watchpoints
  • Negative YoY and Q/Q revenue growth
  • Severe earnings contraction (-73.70%)
Past
55/100

Price action has been bullish despite deteriorating fundamental earnings performance.

Positives
  • Strong 1Y and 6M price appreciation
Watchpoints
  • Consistent earnings misses over the last 4 quarters
  • High volatility in EPS surprises
Health
90/100

The company is financially stable and not at risk of insolvency.

Positives
  • Piotroski F-Score 8/9
  • Low leverage (Debt/Equity 0.37)
  • High Current Ratio (2.47)
Watchpoints
  • Altman Z-Score not provided
Dividend
15/100

Dividend is likely to be cut or suspended given it exceeds total earnings.

Positives
  • Positive yield (1.54%)
Watchpoints
  • Payout ratio of 210% is fundamentally unsustainable
  • Dividend strength score 10/100

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$20.46
Analyst Target
$21.15
Upside/Downside
+3.4%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for NOV and closest competitors.

Updated 2026-04-30
NOV
NOV Inc.
Primary
5Y
+40.2%
3Y
+31.1%
1Y
+83.1%
6M
+36.6%
1M
+8.8%
1W
+1.2%
MTD
Matador Resources Company
Peer
5Y
+156.8%
3Y
+37.8%
1Y
+58.2%
6M
+61.2%
1M
-3.0%
1W
+4.1%
FRO
Frontline plc
Peer
5Y
+572.9%
3Y
+190.6%
1Y
+127.7%
6M
+56.0%
1M
+5.5%
1W
-4.2%
NFG
National Fuel Gas Company
Peer
5Y
+95.1%
3Y
+68.2%
1Y
+12.6%
6M
+7.7%
1M
-10.2%
1W
-5.3%
NE
Noble Corporation plc
Peer
5Y
+138.8%
3Y
+54.5%
1Y
+149.9%
6M
+76.9%
1M
+4.0%
1W
+4.3%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
81.84
Forward P/E
15.29
PEG Ratio
1.24
P/B Ratio
1.18
P/S Ratio
0.84
EV/Revenue
0.97
EV/EBITDA
9.03
Market Cap
$7.34B

Profitability

Profit margins and return metrics

Profit Margin 1.05%
Operating Margin 2.29%
Gross Margin 20.65%
ROE 1.52%
ROA 3.19%

Growth

Revenue and earnings growth rates

Revenue Growth -2.4%
Earnings Growth -73.7%
Q/Q Revenue Growth -2.43%
Q/Q Earnings Growth -74.0%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.37
Low debt
Current Ratio
2.47
Strong
Quick Ratio
1.57
Excellent
Cash/Share
$3.74

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q1 2026

Revenue
$2.1B
Gross Margin
18.5%
Op. Margin
2.3%
Net Margin
0.9%
Total Assets
$11.1B
Liabilities
$4.9B
Equity
$6.2B
Debt/Equity
0.78x
Operating CF
$-0.0B
CapEx
$-0.1B
Free Cash Flow
$-0.1B
FCF Yield
350%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-07-28
$N/A
2026-04-27
$0.11
-25.8% surprise
2026-02-04
$-0.52
-310.5% surprise
2025-10-27
$0.11
-55.5% surprise

Energy Sector Comparison

Comparing NOV against 137 companies in the Energy sector (14 bullish, 51 neutral, 72 bearish)
P/E Ratio
81.84
This Stock
vs
30.64
Sector Avg
+167.1% (Expensive)
Return on Equity (ROE)
1.52%
This Stock
vs
10.58%
Sector Avg
-85.6% (Below Avg)
Profit Margin
1.05%
This Stock
vs
7.94%
Sector Avg
-86.8% (Weaker)
Debt to Equity
0.37
This Stock
vs
1.27
Sector Avg
-70.6% (Less Debt)
Revenue Growth
-2.4%
This Stock
vs
19.16%
Sector Avg
-112.5% (Slower)
Current Ratio
2.47
This Stock
vs
2.26
Sector Avg
+9.4% (Better)

Similar Companies

Peer comparison within the same industry

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K
8-K
2026-04-28

National Oilwell Varco (NOV) likely reported its first-quarter financial results for the period ending March 31, 2026.

10-Q
10-Q
2026-04-28

NOV filed its quarterly 10-Q report on April 28, 2026. The company indicates that its operational risk factors remain consistent with those previously disclosed in its 2025 Annual Report. No specific financial highlights were provided in the available excerpts.

8-K
8-K
2026-04-15

NOV reported its first-quarter financial results.

DEF 14A
DEF 14A
2026-04-09

National Oilwell Varco (NOV) filed a definitive proxy statement on April 9, 2026, providing shareholders with necessary information and voting materials for its upcoming annual meeting.

8-K
8-K
2026-03-18

NOV likely reported its fourth-quarter and full-year financial results.

8-K
8-K
2026-02-20

NOV likely reported its fourth-quarter and full-year financial results in this 8-K filing.

10-K
10-K
2026-02-12

NOV provides comprehensive equipment and technology for the upstream oil and gas industry, with financial performance directly linked to global drilling activity and commodity prices. The company is exposed to significant operational risks stemming from industry volatility, fluctuations in rig counts, and geopolitical influences on oil and gas pricing.

8-K
8-K
2026-02-05

National Oilwell Varco (NOV) likely reported its fourth quarter and full-year financial results for the fiscal year ending 2025.

8-K
8-K
2025-11-20

National Oilwell Varco (NOV) reported its third-quarter financial results.

10-Q
10-Q
2025-10-28
8-K
8-K
2025-10-28

NOV filed an 8-K on October 28, 2025, likely to announce its third-quarter financial results.

10-Q
10-Q
2025-07-29
8-K
8-K
2025-07-29
8-K
8-K
2025-05-22
10-Q
10-Q
2025-04-29
Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
HOLD
20 analysts
RBC Capital
2026-04-29
Maintains
Sector Perform Sector Perform
Evercore ISI Group
2026-04-29
Maintains
In-Line In-Line
Susquehanna
2026-04-29
Maintains
Positive Positive
Stifel
2026-04-20
Maintains
Buy Buy
Morgan Stanley
2026-04-15
Maintains
Equal-Weight Equal-Weight
RBC Capital
2026-04-14
down
Outperform Sector Perform
Susquehanna
2026-04-07
Maintains
Positive Positive
Goldman Sachs
2026-03-04
Maintains
Sell Sell
Citigroup
2026-02-11
Maintains
Neutral Neutral
BMO Capital
2026-02-09
Maintains
Market Perform Market Perform

Past News Coverage

Recent headlines mentioning NOV from our newsroom.

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