NABORS INDUSTRIES LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 77.2 USD | +1.26% |
|
+0.88% | -5.43% |
| Apr. 25 | Transcript : Nabors Industries Ltd., Q1 2024 Earnings Call, Apr 25, 2024 | |
| Apr. 24 | Earnings Flash (NBR) NABORS INDUSTRIES Posts Q1 Revenue $743.9M, vs. Street Est of $729M | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,047 | 424.7 | 668.3 | 1,458 | 772.6 | 736.6 | - | - |
| Enterprise Value (EV) 1 | 3,944 | 2,912 | 2,940 | 3,543 | 2,844 | 2,920 | 2,683 | 2,809 |
| P/E ratio | -1.36 x | -0.49 x | -1.06 x | -3.82 x | -14.9 x | -14.6 x | 23.5 x | 6.48 x |
| Yield | 1.39% | 1.29% | - | - | - | 0% | 0% | 0% |
| Capitalization / Revenue | 0.34 x | 0.2 x | 0.33 x | 0.55 x | 0.26 x | 0.24 x | 0.22 x | 0.21 x |
| EV / Revenue | 1.3 x | 1.36 x | 1.46 x | 1.34 x | 0.95 x | 0.96 x | 0.8 x | 0.8 x |
| EV / EBITDA | 4.9 x | 5.16 x | 6.1 x | 5 x | 3.11 x | 3.2 x | 2.71 x | 2.66 x |
| EV / FCF | 15.4 x | 18.9 x | 15.1 x | 27.8 x | 25.6 x | 22.9 x | 11.8 x | 15.3 x |
| FCF Yield | 6.51% | 5.3% | 6.62% | 3.6% | 3.91% | 4.37% | 8.51% | 6.54% |
| Price to Book | 0.53 x | 0.36 x | 1.13 x | 3.73 x | 2.29 x | 2.28 x | 1.82 x | 1.38 x |
| Nbr of stocks (in thousands) | 7,268 | 7,294 | 8,241 | 9,416 | 9,465 | 9,542 | - | - |
| Reference price 2 | 144.0 | 58.23 | 81.09 | 154.9 | 81.63 | 77.20 | 77.20 | 77.20 |
| Announcement Date | 2/20/20 | 2/23/21 | 2/8/22 | 2/7/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,043 | 2,134 | 2,018 | 2,654 | 3,006 | 3,043 | 3,337 | 3,533 |
| EBITDA 1 | 805 | 563.9 | 481.9 | 709.4 | 915.2 | 913.7 | 991.5 | 1,057 |
| EBIT 1 | -71.13 | -289.8 | -211.4 | 44.32 | 269.9 | 254.2 | 349.6 | 433.8 |
| Operating Margin | -2.34% | -13.58% | -10.48% | 1.67% | 8.98% | 8.35% | 10.48% | 12.28% |
| Earnings before Tax (EBT) 1 | -588.9 | - | - | -245.7 | 129.1 | 88.45 | 185.6 | - |
| Net income 1 | -720.1 | -820.3 | -572.9 | -350.3 | -11.78 | -29.8 | 48.36 | 118.9 |
| Net margin | -23.66% | -38.44% | -28.4% | -13.2% | -0.39% | -0.98% | 1.45% | 3.36% |
| EPS 2 | -105.5 | -118.7 | -76.58 | -40.52 | -5.490 | -5.280 | 3.282 | 11.91 |
| Free Cash Flow 1 | 256.8 | 154.2 | 194.7 | 127.6 | 111.1 | 127.7 | 228.3 | 183.8 |
| FCF margin | 8.44% | 7.23% | 9.65% | 4.81% | 3.7% | 4.2% | 6.84% | 5.2% |
| FCF Conversion (EBITDA) | 31.9% | 27.35% | 40.41% | 17.99% | 12.14% | 13.97% | 23.03% | 17.39% |
| FCF Conversion (Net income) | - | - | - | - | - | - | 472.09% | 154.62% |
| Dividend per Share 2 | 2.000 | 0.7500 | - | - | - | 0.002020 | 0.002020 | 0.003030 |
| Announcement Date | 2/20/20 | 2/23/21 | 2/8/22 | 2/7/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 524.2 | 543.5 | 568.5 | 631.8 | 694.1 | 760.1 | 779.1 | 767.1 | 734 | 725.8 | 733.7 | 742.6 | 772.2 | 791.7 | 784 |
| EBITDA 1 | 125.2 | 131.7 | 130.5 | 158 | 190.8 | 230 | 240 | 235 | 210 | 230.1 | 221 | 216.9 | 233 | 243.2 | 234.3 |
| EBIT 1 | -48.14 | -36.3 | -33.85 | -3.977 | 20.96 | 61.18 | 76.98 | 75.32 | 48.69 | 68.88 | 63.33 | 58.58 | 67.72 | 72.56 | 67 |
| Operating Margin | -9.18% | -6.68% | -5.95% | -0.63% | 3.02% | 8.05% | 9.88% | 9.82% | 6.63% | 9.49% | 8.63% | 7.89% | 8.77% | 9.16% | 8.55% |
| Earnings before Tax (EBT) 1 | -112.9 | -90.88 | -161 | -60.58 | 7.891 | -31.99 | 84.08 | 42.68 | -20.73 | 23.1 | 7.042 | 20.05 | 27.3 | 31.3 | 36 |
| Net income 1 | -122.5 | -113.7 | -184.5 | -82.92 | -13.78 | -69.07 | 49.22 | 4.611 | -48.92 | -16.7 | -34.33 | -10.75 | -5.9 | -3.65 | -6 |
| Net margin | -23.37% | -20.91% | -32.45% | -13.12% | -1.99% | -9.09% | 6.32% | 0.6% | -6.66% | -2.3% | -4.68% | -1.45% | -0.76% | -0.46% | -0.77% |
| EPS 2 | -15.79 | -14.60 | -22.51 | -9.410 | -1.800 | -7.870 | 4.110 | 0.5015 | -6.260 | -2.700 | -4.540 | -1.375 | -1.152 | -1.038 | -0.4450 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/26/21 | 2/8/22 | 4/27/22 | 8/3/22 | 10/25/22 | 2/7/23 | 4/24/23 | 7/25/23 | 10/25/23 | 2/6/24 | 4/24/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,897 | 2,487 | 2,271 | 2,085 | 2,071 | 2,184 | 1,946 | 2,072 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.599 x | 4.41 x | 4.713 x | 2.939 x | 2.263 x | 2.39 x | 1.963 x | 1.961 x |
| Free Cash Flow 1 | 257 | 154 | 195 | 128 | 111 | 128 | 228 | 184 |
| ROE (net income / shareholders' equity) | -18.3% | -40.7% | -57.7% | -73% | -3.39% | 4% | 22.4% | 41.5% |
| ROA (Net income/ Total Assets) | -5.88% | -10.4% | -9.11% | -6.83% | -0.24% | -0.24% | 1.4% | - |
| Assets 1 | 12,248 | 7,885 | 6,286 | 5,128 | 5,004 | 12,365 | 3,464 | - |
| Book Value Per Share 2 | 273.0 | 163.0 | 72.00 | 41.50 | 35.70 | 33.90 | 42.50 | 55.80 |
| Cash Flow per Share 2 | 97.30 | 49.50 | 56.40 | 56.30 | 69.60 | 69.90 | 80.50 | 81.20 |
| Capex 1 | 428 | 196 | 234 | 373 | 527 | 534 | 519 | 629 |
| Capex / Sales | 14.05% | 9.16% | 11.6% | 14.07% | 17.52% | 17.55% | 15.54% | 17.8% |
| Announcement Date | 2/20/20 | 2/23/21 | 2/8/22 | 2/7/23 | 2/6/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
77.2
USD
Average target price
107.2
USD
Spread / Average Target
+38.89%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -5.43% | 737M | |
| +1.59% | 16.73B | |
| +12.28% | 9.69B | |
| -4.38% | 6.61B | |
| -18.75% | 5.69B | |
| +0.92% | 5.01B | |
| -7.56% | 4.86B | |
| +4.17% | 4.54B | |
| +11.51% | 3.99B | |
| +7.22% | 3.9B |
- Stock Market
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- Financials Nabors Industries Ltd.
