The price/operating cash flow metric for Nabors Industries Ltd is higher than only 4.16% of stocks in our set with a positive cash flow.
NBR's price/sales ratio is 0.17; that's higher than the P/S ratio of only 3.1% of US stocks.
Nabors Industries Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 55.38%, greater than the shareholder yield of 95.83% of stocks in our set.
Stocks that are quantitatively similar to NBR, based on their financial statements, market capitalization, and price volatility, are ETM, SLCA, CLNY, CPLG, and AA.
NBR's SEC filings can be seen here. And to visit Nabors Industries Ltd's official web site, go to www.nabors.com.
Nabors Industries provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services. It also provides completion, life-of-well maintenance, and plugging and abandonment of a well. The company was founded in 1968 and is based in Hamilton, Bermuda.
NBR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Nabors Industries Ltd. To summarize, we found that Nabors Industries Ltd ranked in the 83th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for NBR, they are:
11% of the company's capital comes from equity, which is greater than only 2.47% of stocks in our cash flow based forecasting set.
Nabors Industries Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -3.41. This coverage rate is greater than that of only 14.67% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Nabors Industries Ltd experienced a tax rate of about 0% over the past twelve months; relative to its sector (Energy), this tax rate is higher than just 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NBR, try GPP, GPRK, MRC, CHX, and BRY.
Source: NBR Presentation Investment Thesis Nabors Industries (NBR) released its third quarter of 2020 results on November 4, 2020. The results were better-than-expected thanks to the Rig Technologies unit and discipline, leading to lower costs and expenses overall. However, it was nothing to celebrate with a wider loss of $157.47,...
Directional Drilling Market Overview: Directional drilling is an important approach practiced by crude oil manufacturers to reach the toughest wells and optimizing the production from the resource land. Usually, the well is drilled vertically down in the area which is economically