NOV Inc.

LSE:0K58 Stock Report

Market Cap: US$5.6b

NOV Valuation

Is 0K58 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0K58 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$26.40
Fair Value
45.2% undervalued intrinsic discount
24
Number of Analysts

Below Fair Value: 0K58 ($14.46) is trading below our estimate of fair value ($26.4)

Significantly Below Fair Value: 0K58 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0K58?

Key metric: As 0K58 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0K58. This is calculated by dividing 0K58's market cap by their current earnings.
What is 0K58's PE Ratio?
PE Ratio5.2x
EarningsUS$1.07b
Market CapUS$5.62b

Price to Earnings Ratio vs Peers

How does 0K58's PE Ratio compare to its peers?

The above table shows the PE ratio for 0K58 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.3x
HTG Hunting
5.2x-12.9%UK£556.0m
GMS Gulf Marine Services
5.7x16.5%UK£183.5m
HBR Harbour Energy
43.4x0.1%UK£3.4b
ITH Ithaca Energy
23x2.6%UK£2.1b
0K58 NOV
5.2x-10.5%US$5.6b

Price-To-Earnings vs Peers: 0K58 is good value based on its Price-To-Earnings Ratio (5.2x) compared to the peer average (19.3x).

Price to Earnings Ratio vs Industry

How does 0K58's PE Ratio compare vs other companies in the European Energy Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0K58 5.2xIndustry Avg. 9.0xNo. of Companies8PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0K58 is good value based on its Price-To-Earnings Ratio (5.2x) compared to the European Energy Services industry average (9x).

Price to Earnings Ratio vs Fair Ratio

What is 0K58's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0K58 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.2x
Fair PE Ratio11.6x

Price-To-Earnings vs Fair Ratio: 0K58 is good value based on its Price-To-Earnings Ratio (5.2x) compared to the estimated Fair Price-To-Earnings Ratio (11.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0K58 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$14.46
US$18.92
+30.8%
13.6%US$24.00US$12.00n/a24
Jan ’26US$14.64
US$19.67
+34.4%
14.6%US$25.00US$12.00n/a24
Dec ’25US$16.13
US$20.30
+25.9%
11.4%US$25.00US$15.00n/a23
Nov ’25US$15.20
US$20.87
+37.3%
11.4%US$25.00US$15.00n/a23
Oct ’25US$16.24
US$23.48
+44.6%
13.6%US$31.00US$16.00n/a23
Sep ’25US$17.70
US$23.74
+34.1%
12.1%US$31.00US$18.00n/a23
Aug ’25US$19.43
US$23.75
+22.2%
11.9%US$31.00US$19.00n/a24
Jul ’25US$18.41
US$23.79
+29.2%
11.9%US$31.00US$17.00n/a24
Jun ’25US$18.67
US$23.79
+27.5%
11.9%US$31.00US$17.00n/a24
May ’25US$18.21
US$23.75
+30.5%
11.9%US$31.00US$17.00n/a25
Apr ’25US$19.65
US$23.79
+21.1%
13.5%US$31.00US$17.00n/a24
Mar ’25US$17.05
US$24.04
+41.0%
13.2%US$31.00US$17.00n/a24
Feb ’25US$19.57
US$25.13
+28.4%
14.2%US$33.00US$19.00US$14.4624
Jan ’25US$20.41
US$25.28
+23.9%
13.7%US$33.00US$19.00US$14.6425
Dec ’24US$19.17
US$25.12
+31.0%
13.9%US$33.00US$19.00US$16.1325
Nov ’24US$19.68
US$25.16
+27.8%
14.2%US$33.00US$18.00US$15.2025
Oct ’24US$21.13
US$24.48
+15.9%
13.7%US$30.00US$18.00US$16.2425
Sep ’24US$21.66
US$24.48
+13.0%
13.7%US$30.00US$18.00US$17.7025
Aug ’24US$20.27
US$24.16
+19.2%
15.2%US$30.00US$16.00US$19.4325
Jul ’24US$16.20
US$24.08
+48.7%
16.0%US$30.00US$16.00US$18.4124
Jun ’24US$15.00
US$24.42
+62.8%
15.0%US$30.00US$17.00US$18.6724
May ’24US$16.90
US$24.75
+46.5%
14.2%US$30.00US$17.00US$18.2124
Apr ’24US$18.44
US$26.22
+42.2%
11.2%US$32.00US$18.00US$19.6523
Mar ’24US$16.00
US$26.13
+63.3%
11.4%US$32.00US$18.00US$17.0523
Feb ’24US$23.51
US$25.43
+8.2%
12.1%US$32.00US$18.00US$19.5723
Analyst Price Target
Consensus Narrative from 24 Analysts
US$18.93
Fair Value
23.6% undervalued intrinsic discount
24
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 19:12
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NOV Inc. is covered by 74 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets