NOV Net Worth
NOV Net Worth Breakdown | NOV |
NOV Net Worth Analysis
NOV's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including NOV's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of NOV's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform NOV's net worth analysis. One common approach is to calculate NOV's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares NOV's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing NOV's net worth. This approach calculates the present value of NOV's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of NOV's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate NOV's net worth. This involves comparing NOV's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into NOV's net worth relative to its peers.
Enterprise Value |
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To determine if NOV is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NOV's net worth research are outlined below:
| NOV Inc generated a negative expected return over the last 90 days | |
| NOV Inc has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Atb Cap Markets Forecasts NOVs Q2 Earnings - MarketBeat |
NOV Quarterly Good Will |
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NOV uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NOV Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NOV's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know NOV's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NOV is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NOV Inc backward and forwards among themselves. NOV's institutional investor refers to the entity that pools money to purchase NOV's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ameriprise Financial Inc | 2024-09-30 | 4.1 M | Earnest Partners Llc | 2024-09-30 | 3.9 M | Fidelity International Ltd | 2024-09-30 | 3.6 M | Amvescap Plc. | 2024-09-30 | 3.6 M | Artisan Partners Limited Partnership | 2024-09-30 | 3.5 M | Bank Of America Corp | 2024-09-30 | 3.4 M | Allspring Global Investments Holdings, Llc | 2024-09-30 | 3.1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 2.9 M | Ninety One Uk Limited | 2024-09-30 | 2.9 M | Pzena Investment Management, Llc | 2024-09-30 | 43 M | Vanguard Group Inc | 2024-09-30 | 38.9 M |
Follow NOV's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 5.98 B.Market Cap |
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Project NOV's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.11 | |
| Return On Capital Employed | 0.07 | 0.10 | |
| Return On Assets | 0.09 | 0.09 | |
| Return On Equity | 0.16 | 0.17 |
When accessing NOV's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures NOV's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NOV's profitability and make more informed investment decisions.
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.
Evaluate NOV's management efficiency
NOV Inc has Return on Asset of 0.0428 % which means that on every $100 spent on assets, it made $0.0428 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1769 %, implying that it generated $0.1769 on every 100 dollars invested. NOV's management efficiency ratios could be used to measure how well NOV manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.11 in 2024. Return On Capital Employed is likely to climb to 0.10 in 2024. At this time, NOV's Return On Assets are fairly stable compared to the past year. Asset Turnover is likely to climb to 0.89 in 2024, whereas Other Assets are likely to drop slightly above 267.6 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.88 | 17.50 | |
| Tangible Book Value Per Share | 10.76 | 7.07 | |
| Enterprise Value Over EBITDA | 9.51 | 15.04 | |
| Price Book Value Ratio | 1.29 | 2.10 | |
| Enterprise Value Multiple | 9.51 | 15.04 | |
| Price Fair Value | 1.29 | 2.10 | |
| Enterprise Value | 13.3 B | 6.7 B |
The management team at NOV has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Enterprise Value Revenue 0.831 | Revenue 8.9 B | Quarterly Revenue Growth 0.003 | Revenue Per Share 22.616 | Return On Equity 0.1769 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NOV insiders, such as employees or executives, is commonly permitted as long as it does not rely on NOV's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NOV insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Kirk Shelton few days ago Disposition of 2918 shares by Kirk Shelton of NOV at 21.65 subject to Rule 16b-3 | ||
Craig Weinstock over a month ago Disposition of 15481 shares by Craig Weinstock of NOV at 16.394 subject to Rule 16b-3 | ||
Marcela Donadio over six months ago Acquisition by Marcela Donadio of 9550 shares of NOV subject to Rule 16b-3 | ||
Joseph Rovig over six months ago Disposition of 2864 shares by Joseph Rovig of NOV at 17.23 subject to Rule 16b-3 | ||
Clay Williams over a year ago Acquisition by Clay Williams of 134717 shares of NOV subject to Rule 16b-3 | ||
Clay Williams over a year ago Payment of 18692 shares by Clay Williams of NOV subject to Rule 16b-3 | ||
Clay Williams over a year ago Payment of 16759 shares by Clay Williams of NOV subject to Rule 16b-3 |
NOV Corporate Filings
F4 | 21st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 25th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 4th of October 2024 Other Reports | ViewVerify |
NOV Earnings per Share Projection vs Actual
NOV Corporate Directors
| Amie DAmbrosio | Director Relations | Profile | |
| Ben Guill | Independent Director | Profile | |
| William Thomas | Independent Director | Profile | |
| Greg Armstrong | Lead Independent Director | Profile |
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.