![NOV Logo](data:image/svg+xml,<svg xmlns='http://www.w3.org/2000/svg' width='18' height='18'><defs><linearGradient id="a" x1="3.349" x2="21.904" y1="3.122" y2="24.434" gradientUnits="userSpaceOnUse"><stop stop-color="%231A1E21"/><stop offset="1" stop-color="%2306060A"/></linearGradient></defs><path fill="url(%23a)" d="M0 0h18v18H0z"/><text x='50%' y='52%' dominant-baseline='middle' text-anchor='middle' font-size='5' font-family='sans-serif' fill='gray'>NOV</text></svg>)
Nov Inc.
NOV
Oil & Gas Field Machinery & Equipment
Mkt Cap
$7.309BPE
7.47Debt
$1.852BCash
$468MEV
$8.693BFCF
-$28MP/E Ratio
7.47Debt
$1.852BCash
$468MEV
$8.693BFCF
-$28MCharts data: {"Earnings":[{"time":"2014-12-30","value":2502000000},{"time":"2015-12-30","value":-769000000},{"time":"2016-12-30","value":-2416000000},{"time":"2017-12-30","value":-237000000},{"time":"2018-12-30","value":-31000000},{"time":"2019-12-30","value":-6095000000},{"time":"2020-12-30","value":-2542000000},{"time":"2021-12-30","value":-250000000},{"time":"2022-12-30","value":155000000},{"time":"2023-12-30","value":985000000}],"Sales":[{"time":"2014-12-30","value":21440000000},{"time":"2015-12-30","value":14757000000},{"time":"2016-12-30","value":7251000000},{"time":"2017-12-30","value":7304000000},{"time":"2018-12-30","value":8453000000},{"time":"2019-12-30","value":8479000000},{"time":"2020-12-30","value":6090000000},{"time":"2021-12-30","value":5524000000},{"time":"2022-12-30","value":7237000000},{"time":"2023-12-30","value":8583000000}],"Net Margins":[{"time":"2014-12-30","value":0.11669776119402984},{"time":"2015-12-30","value":-0.05211086264145829},{"time":"2016-12-30","value":-0.33319542132119706},{"time":"2017-12-30","value":-0.032447973713033956},{"time":"2018-12-30","value":-0.003667337040104105},{"time":"2019-12-30","value":-0.718834768250973},{"time":"2020-12-30","value":-0.4174055829228243},{"time":"2021-12-30","value":-0.04525706010137581},{"time":"2022-12-30","value":0.021417714522592234},{"time":"2023-12-30","value":0.11476173831993476}],"Assets":[{"time":"2014-12-30","value":33562000000},{"time":"2015-12-30","value":26725000000},{"time":"2016-12-30","value":21140000000},{"time":"2017-12-30","value":20206000000},{"time":"2018-12-30","value":19796000000},{"time":"2019-12-30","value":13149000000},{"time":"2020-12-30","value":9929000000},{"time":"2021-12-30","value":9550000000},{"time":"2022-12-30","value":10135000000},{"time":"2023-12-30","value":11294000000}],"Stockholders Equity":[{"time":"2014-12-30","value":20772000000},{"time":"2015-12-30","value":16460000000},{"time":"2016-12-30","value":14003000000},{"time":"2017-12-30","value":14160000000},{"time":"2018-12-30","value":13889000000},{"time":"2019-12-30","value":7846000000},{"time":"2020-12-30","value":5279000000},{"time":"2021-12-30","value":5064000000},{"time":"2022-12-30","value":5134000000},{"time":"2023-12-30","value":6242000000}],"ROE":[{"time":"2014-12-30","value":0.12045060658578856},{"time":"2015-12-30","value":-0.04671931956257594},{"time":"2016-12-30","value":-0.1725344569020924},{"time":"2017-12-30","value":-0.01673728813559322},{"time":"2018-12-30","value":-0.002231982144142847},{"time":"2019-12-30","value":-0.7768289574305378},{"time":"2020-12-30","value":-0.48153059291532485},{"time":"2021-12-30","value":-0.049368088467614535},{"time":"2022-12-30","value":0.030190884300740163},{"time":"2023-12-30","value":0.15780198654277475}],"ROA":[{"time":"2014-12-30","value":0.10765151063702998},{"time":"2015-12-30","value":-0.014593077642656688},{"time":"2016-12-30","value":-0.11404919583727531},{"time":"2017-12-30","value":-0.013708799366524794},{"time":"2018-12-30","value":0.010658718933117801},{"time":"2019-12-30","value":-0.47752680812229065},{"time":"2020-12-30","value":-0.2442340618390573},{"time":"2021-12-30","value":-0.014031413612565446},{"time":"2022-12-30","value":0.03117908238776517},{"time":"2023-12-30","value":0.061979812289711354}]}
NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company also offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. In addition, it provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. Further, the company offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.
In the chart Earnings are multiplied by this value.
Earnings Growth -16%
Earnings Stability -84%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | -5.2% | -33% | -3.2% | -0.37% | -72% | -42% | -4.5% | 2.1% | 11% | 11% |
| ROA | -1.5% | -11% | -1.4% | 1.1% | -48% | -24% | -1.4% | 3.1% | 6.2% | 6.4% |
| ROE | -4.7% | -17% | -1.7% | -0.22% | -78% | -48% | -4.9% | 3% | 16% | 15% |
What is the average Net Margin?
The average Net Margin over the past 5 years is -17.48%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is +9.1%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is -10.53%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is +5.75%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is -18.7%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is +10.44%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | 4.47 | 5.50 | 4.25 | 9.81 | 4.14 | 2.62 | 19.09 | -4.48 | -12.52 | -66.14 |
| Debt Equity | 0.24 | 0.27 | 0.19 | 0.20 | 0.25 | 0.35 | 0.34 | 0.34 | 0.28 | 0.29 |
| MIN | ||||||||||
| Graham Stability | - | - | - | - | - | - | - | - | - | - |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -66.14.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -3.46.
What is the Graham’s Stability?
Graham’s Stability measure stands at -.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | 2.4% | 0.31% | 12% | 19% | 6.3% |
| Net Income | - | - | - | 540% | - |
| Stockholders Equity | -11% | -15% | 5.7% | 22% | 3% |
| FCF | - | - | - | - | 4.2% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +0.31%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is +6.35%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is -.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is -14.78%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is +2.95%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is +4.18%.