NOV - National Oilwell Varco Inc Stock Price, Fair Value and News

18.91USD-0.05 (-0.26%)Market Closed

Market Summary

USD18.91-0.05

Market Closed

-0.26%

NOV Stock Price

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NOV RSI Chart

NOV Valuation

Market Cap

7.5B

Price/Earnings (Trailing)

7.6

Price/Sales (Trailing)

0.85

EV/EBITDA

8.53

Price/Free Cashflow

-267.81

NOV Price/Sales (Trailing)

NOV Profitability

Operating Margin

21.42%

EBT Margin

7.20%

Return on Equity

15.62%

Return on Assets

8.74%

Free Cashflow Yield

-0.37%

NOV Fundamentals

NOV Revenue

Revenue (TTM)

8.8B

Rev. Growth (Yr)

9.84%

Rev. Growth (Qtr)

-8.02%

NOV Earnings

Earnings (TTM)

987.5M

Earnings Growth (Yr)

-5.56%

Earnings Growth (Qtr)

-80.07%

Breaking Down NOV Revenue

52 Week Range

14.0521.90

(Low)(High)

Last 7 days

2.5%

Last 30 days

-7.6%

Last 90 days

10.3%

Trailing 12 Months

20.6%

How does NOV drawdown profile look like?

NOV Financial Health

Current Ratio

2.5

Debt/Equity

0.28

Debt/Cashflow

0.15

NOV Investor Care

Dividend Yield

1.05%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

0.89%

Diluted EPS (TTM)

2.48

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	8.8B	0	0	0
2023	7.7B	8.0B	8.3B	8.6B
2022	5.8B	6.1B	6.7B	7.2B
2021	5.5B	5.4B	5.3B	5.5B
2020	8.4B	7.8B	7.0B	6.1B
2019	8.6B	8.6B	8.6B	8.5B
2018	7.4B	7.7B	8.0B	8.5B
2017	6.8B	6.8B	7.0B	7.3B
2016	12.1B	9.9B	8.3B	7.3B
2015	21.4B	20.0B	17.7B	14.8B
2014	19.7B	20.3B	21.0B	21.4B
2013	17.6B	18.1B	18.6B	19.2B
2012	15.5B	16.2B	16.7B	17.2B
2011	12.3B	12.8B	13.6B	14.7B
2010	12.3B	12.2B	12.1B	12.2B
2009	14.2B	13.9B	13.4B	12.7B
2008	0	11.0B	12.2B	13.4B
2007	0	0	0	9.8B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Tracking the Latest Insider Buys and Sells of National Oilwell Varco Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 23, 2024	bayardo jose a	sold (taxes)	-72,710	17.23	-4,220	senior vp and cfo
Feb 23, 2024	williams clay c	sold (taxes)	-233,690	17.23	-13,563	chairman, president and ceo
Feb 23, 2024	rovig joseph w	sold (taxes)	-49,346	17.23	-2,864	president - energy equipment
Feb 23, 2024	weinstock craig l.	sold (taxes)	-44,160	17.23	-2,563	sr. vp. & gen. counsel
Feb 23, 2024	livingston scott b.	sold (taxes)	-21,692	17.23	-1,259	see remarks
Feb 23, 2024	novak christy lynn	sold (taxes)	-40,990	17.23	-2,379	vp, corp. controller, cao
Feb 22, 2024	rovig joseph w	sold (taxes)	-68,508	17.41	-3,935	president - energy equipment
Feb 22, 2024	novak christy lynn	sold	-60,987	17.425	-3,500	vp, corp. controller, cao
Feb 22, 2024	weinstock craig l.	sold (taxes)	-61,666	17.41	-3,542	sr. vp. & gen. counsel
Feb 22, 2024	bayardo jose a	sold (taxes)	-102,771	17.41	-5,903	senior vp and cfo

Which funds bought or sold NOV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	GABLES CAPITAL MANAGEMENT INC.	unchanged	-	-120	3,124	-%
May 06, 2024	Hilltop National Bank	new	-	89,792	89,792	0.03%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	2.5	-91,707	6,729,740	0.05%
May 06, 2024	Parallel Advisors, LLC	added	15.62	9,808	96,638	-%
May 06, 2024	Jefferies Financial Group Inc.	added	607	4,739,130	5,546,680	0.04%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	10.49	100,000	1,669,000	0.01%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-90,712	-	-%
May 06, 2024	Investors Research Corp	unchanged	-	-1,064	27,328	0.01%
May 06, 2024	SG Americas Securities, LLC	added	779	14,785,000	16,764,000	0.08%
May 06, 2024	HighTower Advisors, LLC	reduced	-42.78	-845,000	1,043,000	-%

Are Funds Buying or Selling NOV?

Are funds buying NOV calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NOV

No. of Funds

Unveiling National Oilwell Varco Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	hotchkis & wiley capital management llc	5.62%	22,123,795	SC 13G
Feb 13, 2024	vanguard group inc	9.95%	39,182,530	SC 13G/A
Feb 09, 2024	pzena investment management llc	8.0%	31,371,893	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G
Feb 09, 2024	first eagle investment management, llc	9.31%	36,658,180	SC 13G/A
Jan 24, 2024	blackrock inc.	9.6%	37,942,193	SC 13G/A
Feb 14, 2023	hotchkis & wiley capital management llc	4.42%	17,357,305	SC 13G/A
Feb 10, 2023	vanguard group inc	10.00%	39,285,890	SC 13G/A
Feb 09, 2023	first eagle investment management, llc	9.46%	37,173,025	SC 13G/A
Feb 09, 2023	vanguard group inc	9.96%	39,115,992	SC 13G/A

Recent SEC filings of National Oilwell Varco Inc

View All Filings

Date Filed	Form Type	Document
Apr 26, 2024	10-Q	Quarterly Report
Apr 26, 2024	8-K	Current Report
Apr 04, 2024	ARS	ARS
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	DEFA14A	DEFA14A
Mar 06, 2024	3	Insider Trading
Mar 06, 2024	8-K	Current Report
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading
Feb 26, 2024	4	Insider Trading

Peers (Alternatives to National Oilwell Varco Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	68.8B	-	-12.48%	3.33%	15.87	18.11	-86.47%	12.21%
HAL	32.9B	23.1B	-9.82%	24.17%	12.68	1.42	6.71%	32.21%
MID-CAP
FTI	11.5B	8.1B	-0.74%	91.20%	54.09	1.41	18.75%	572.06%
NOV	7.5B	8.8B	-7.56%	20.61%	7.6	0.85	14.70%	198.19%
CHX	6.5B	3.7B	-13.45%	25.55%	17.8	1.74	-4.02%	100.20%
LBRT	3.7B	4.6B	-2.78%	80.46%	7.72	0.81	-1.29%	-16.22%
AROC	3.2B	1.0B	-4.32%	106.45%	24.43	3.06	17.17%	118.50%
SMALL-CAP
DNOW	1.6B	2.3B	-3.56%	54.71%	6.27	0.67	8.66%	93.36%
CLB	681.3M	-	-7.21%	-23.06%	28.73	1.36	-	-
DRQ	651.2M	443.5M	-18.36%	-27.68%	-30.02	1.47	19.98%	-325.36%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	260.8M	701.7M	-31.17%	-25.29%	10.19	0.37	0.29%	55.69%

National Oilwell Varco Inc News

Latest updates

National Oilwell Varco Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-8.0%	2,155,000,000	2,343,000,000	2,185,000,000	2,093,000,000	1,962,000,000	2,073,000,000	1,889,000,000	1,727,000,000	1,548,000,000	1,517,000,000	1,341,000,000	1,417,000,000	1,249,000,000	1,327,000,000	1,384,000,000	1,496,000,000	1,883,000,000	2,281,000,000	2,126,000,000	2,132,000,000	1,940,000,000
Cost Of Revenue	-8.1%	1,697,000,000	1,846,000,000	1,717,000,000	1,636,000,000	1,551,000,000	1,630,000,000	1,521,000,000	1,418,000,000	1,334,000,000	1,315,000,000	1,156,000,000	1,186,000,000	1,093,000,000	1,393,000,000	1,245,000,000	1,359,000,000	1,659,000,000	1,905,000,000	1,975,000,000	2,070,000,000	1,684,000,000
Gross Profit	-7.8%	458,000,000	497,000,000	468,000,000	457,000,000	411,000,000	443,000,000	368,000,000	309,000,000	214,000,000	202,000,000	185,000,000	231,000,000	156,000,000	-66,000,000	139,000,000	137,000,000	224,000,000	376,000,000	151,000,000	62,000,000	256,000,000
S&GA Expenses	-11.9%	296,000,000	336,000,000	285,000,000	276,000,000	285,000,000	281,000,000	313,000,000	241,000,000	235,000,000	217,000,000	228,000,000	219,000,000	244,000,000	235,000,000	213,000,000	237,000,000	283,000,000	289,000,000	293,000,000	417,000,000	304,000,000
EBITDA Margin	0.6%	0.12	0.12	0.12	0.11	0.10	0.09	0.07	0.05	0.04	0.03	-0.03	-0.03	-0.05	-0.38	-0.34	-0.32	-	-	-	-	-
Interest Expenses	4.3%	24,000,000	23,000,000	23,000,000	21,000,000	21,000,000	21,000,000	19,000,000	19,000,000	19,000,000	19,000,000	19,000,000	19,000,000	20,000,000	19,000,000	21,000,000	22,000,000	22,000,000	25,000,000	25,000,000	25,000,000	25,000,000
Income Taxes	109.6%	44,000,000	-460,000,000	48,000,000	19,000,000	20,000,000	42,000,000	29,000,000	-2,000,000	14,000,000	14,000,000	5,000,000	2,000,000	-6,000,000	22,000,000	-61,000,000	-47,000,000	-156,000,000	-46,000,000	60,000,000	-373,000,000	-10,000,000
Earnings Before Taxes	22.2%	165,000,000	135,000,000	156,000,000	176,000,000	145,000,000	141,000,000	64,000,000	68,000,000	-35,000,000	-29,000,000	-60,000,000	-21,000,000	-120,000,000	-326,000,000	-114,000,000	-134,000,000	-2,205,000,000	-431,000,000	-189,000,000	-5,757,000,000	-85,000,000
EBT Margin	1.0%	0.07	0.07	0.07	0.07	0.05	0.03	0.01	-0.01	-0.02	-0.04	-0.10	-0.11	-0.13	-0.46	-0.41	-0.38	-	-	-	-	-
Net Income	-80.1%	119,000,000	597,000,000	114,000,000	157,000,000	126,000,000	103,000,000	32,000,000	70,000,000	-49,000,000	-42,000,000	-69,000,000	-23,000,000	-114,000,000	-349,000,000	-55,000,000	-87,000,000	-2,049,000,000	-385,000,000	-244,000,000	-5,384,000,000	-75,000,000
Net Income Margin	-2.8%	0.11	0.12	0.06	0.05	0.04	0.02	0.00	-0.01	-0.03	-0.04	-0.10	-0.10	-0.11	-0.42	-0.37	-0.36	-	-	-	-	-
Free Cashflow	-148.8%	-147,000,000	301,000,000	-34,000,000	-148,000,000	-259,000,000	88,000,000	-165,000,000	-167,000,000	-149,000,000	-28,000,000	66,000,000	128,000,000	-76,000,000	133,000,000	274,000,000	322,000,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	11,305	11,294	10,498	10,446	10,177	10,135	9,761	9,700	9,553	9,550	9,567	9,601	9,672	9,929	10,168	10,447	10,690	13,149	14,005	14,349	20,002
Current Assets	-2.6%	5,688	5,840	5,658	5,610	5,422	5,493	5,179	5,093	4,949	4,902	4,939	4,908	4,996	5,209	5,376	5,590	5,902	6,113	6,515	6,766	6,938
Cash Equivalents	-42.6%	468	816	513	592	774	1,069	998	1,218	1,406	1,591	1,668	1,572	1,607	1,692	1,485	1,447	1,115	1,171	1,313	1,121	1,270
Inventory	5.9%	2,278	2,151	2,277	2,199	2,036	1,813	1,755	1,591	1,440	1,331	1,325	1,322	1,357	1,408	1,745	1,929	2,032	2,197	2,537	2,858	3,131
Net PPE	0.7%	1,878	1,865	1,843	1,839	1,814	1,781	1,757	1,761	1,806	1,823	1,825	1,871	1,894	1,927	1,994	2,010	2,003	2,354	2,361	2,356	2,605
Goodwill	2.6%	1,602	1,562	1,556	1,549	1,549	1,505	1,505	1,498	1,525	1,527	1,495	1,495	1,495	1,493	1,493	1,493	1,515	2,807	3,236	3,206	6,292
Liabilities	-1.3%	4,984	5,052	4,931	4,949	4,869	5,001	4,831	4,728	4,543	4,486	4,489	4,423	4,522	4,650	4,628	4,914	5,136	5,303	5,876	5,862	6,162
Current Liabilities	-6.7%	2,272	2,435	2,369	2,385	2,308	2,437	2,247	2,171	1,979	1,910	1,853	1,810	1,934	1,867	1,884	1,954	2,163	2,247	2,276	2,221	2,103
Long Term Debt	3.0%	1,764	1,712	1,716	1,715	1,719	1,717	1,720	1,714	1,709	1,708	1,704	1,686	1,669	1,834	1,824	2,029	2,002	1,989	2,484	2,483	2,483
LT Debt, Current	238.5%	44.00	13.00	13.00	13.00	13.00	13.00	10.00	10.00	5.00	5.00	-	-	182	-	-	-	-	-	-	-	-
LT Debt, Non Current	3.0%	1,764	1,712	1,716	1,715	1,719	1,717	1,720	1,714	1,709	1,708	1,704	1,686	1,669	1,834	1,824	2,029	2,002	1,989	2,484	2,483	2,483
Shareholder's Equity	1.3%	6,246	6,168	5,521	5,497	5,308	5,134	4,930	4,972	5,010	5,064	5,078	5,178	5,150	5,279	5,540	5,533	5,552	7,846	8,129	8,487	13,840
Retained Earnings	8.6%	-1,056	-1,155	-1,734	-1,828	-1,963	-2,069	-2,154	-2,166	-2,216	-2,146	-2,086	-2,017	-1,991	-1,876	-1,529	-1,474	-1,381	690	1,094	1,358	6,766
Additional Paid-In Capital	0.1%	8,818	8,812	8,793	8,773	8,756	8,754	8,718	8,700	8,690	8,685	8,637	8,618	8,598	8,591	8,567	8,543	8,518	8,507	8,483	8,441	8,408
Shares Outstanding	0.4%	396	394	394	394	392	393	389	390	387	386	386	386	385	384	384	385	-	-	-	-	-
Minority Interest	1.4%	75.00	74.00	46.00	63.00	65.00	38.00	62.00	63.00	64.00	67.00	68.00	70.00	69.00	69.00	75.00	73.00	68.00	68.00	72.00	76.00	75.00
Float	-	-	-	-	6,300	-	-	-	6,600	-	-	-	4,700	-	-	-	4,200	-	-	-	7,600	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-120.7%	-78.00	377	40.00	-72.00	-202	154	-106	-124	-103	36.00	105	177	-27.00	186	323	378	39.00	473	352	-73.00	-38.00
Share Based Compensation	11.8%	19.00	17.00	17.00	17.00	15.00	17.00	17.00	-	-	19.00	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-279.3%	-311	-82.00	-83.00	-76.00	-52.00	-65.00	-84.00	-40.00	-49.00	-94.00	-13.00	-38.00	-51.00	16.00	-49.00	-58.00	-53.00	-47.00	-112	-49.00	-107
Cashflow From Financing	1333.3%	43.00	3.00	-33.00	-32.00	-41.00	-24.00	-20.00	-16.00	-36.00	-17.00	10.00	-179	-3.00	-3.00	-229	16.00	-43.00	-574	-34.00	-19.00	-20.00
Dividend Payments	5.3%	20.00	19.00	20.00	20.00	20.00	19.00	20.00	19.00	20.00	-	-	-	-	-	-	-	19.00	19.00	20.00	19.00	19.00

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NOV Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 2,155	$ 1,962
Cost of revenue	1,697	1,551
Gross profit	458	411
Selling, general and administrative	296	285
Operating profit	162	126
Interest and financial costs	(24)	(21)
Interest income	8	8
Equity income in unconsolidated affiliates	29	48
Other expense, net	(10)	(16)
Net income before income taxes	165	145
Provision for income taxes	44	20
Net income	121	125
Net income (loss) attributable to noncontrolling interests	2	(1)
Net income attributable to Company	$ 119	$ 126
Net income attributable to Company per share:
Basic	$ 0.3	$ 0.32
Diluted	0.3	0.32
Cash dividends per share	$ 0.05	$ 0.05
Weighted average shares outstanding:
Basic	394	392
Diluted	397	396

NOV Balance Sheet

2024-03-31

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 468	$ 816
Receivables, net	1,867	1,905
Inventories, net	2,278	2,151
Contract assets	814	739
Prepaid and other current assets	261	229
Total current assets	5,688	5,840
Property, plant and equipment, net	1,878	1,865
Lease right-of-use assets, operating	381	372
Lease right-of-use assets, financing	176	172
Deferred income taxes	484	488
Goodwill	1,602	1,562
Intangibles, net	508	450
Investment in unconsolidated affiliates	247	211
Other assets	341	334
Total assets	11,305	11,294
Current liabilities:
Accounts payable	823	904
Accrued liabilities	767	870
Contract liabilities	533	532
Current portion of lease liabilities	99	94
Current portion of long-term debt	44	13
Accrued income taxes	6	22
Total current liabilities	2,272	2,435
Long-term debt	1,764	1,712
Lease liabilities	564	558
Deferred income taxes	92	70
Other liabilities	292	277
Total liabilities	4,984	5,052
Commitments and contingencies
Stockholders’ equity:
Common stock - par value $.01; 1 billion shares authorized; 395,503,573 and 393,945,659 shares issued and outstanding at March 31, 2024 and December 31, 2023	4	4
Additional paid-in capital	8,818	8,812
Accumulated other comprehensive loss	(1,520)	(1,493)
Retained deficit	(1,056)	(1,155)
Total Company stockholders' equity	6,246	6,168
Noncontrolling interests	75	74
Total stockholders’ equity	6,321	6,242
Total liabilities and stockholders’ equity	$ 11,305	$ 11,294

About National Oilwell Varco Inc

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.

CEO	Mr. Clay C. Williams
WEBSITE	nov.com
INDUSTRY	Oil - Services
EMPLOYEES	32307

National Oilwell Varco Inc Frequently Asked Questions

What is the ticker symbol for National Oilwell Varco Inc? What does NOV stand for in stocks?

NOV is the stock ticker symbol of National Oilwell Varco Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of National Oilwell Varco Inc (NOV)?

As of Tue May 07 2024, market cap of National Oilwell Varco Inc is 7.5 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NOV stock?

You can check NOV's fair value in chart for subscribers.

What is the fair value of NOV stock?

You can check NOV's fair value in chart for subscribers. The fair value of National Oilwell Varco Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of National Oilwell Varco Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NOV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is National Oilwell Varco Inc a good stock to buy?

The fair value guage provides a quick view whether NOV is over valued or under valued. Whether National Oilwell Varco Inc is cheap or expensive depends on the assumptions which impact National Oilwell Varco Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NOV.

What is National Oilwell Varco Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, NOV's PE ratio (Price to Earnings) is 7.6 and Price to Sales (PS) ratio is 0.85. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NOV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on National Oilwell Varco Inc's stock?

In the past 10 years, National Oilwell Varco Inc has provided -0.115 (multiply by 100 for percentage) rate of return.