NOV Inc. (NOV) is a publicly traded company in the Energy — Oil & Gas Equipment & Services industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
NOV Inc. is a global leader in designing, manufacturing, and marketing essential systems, components, and products for the oil and gas drilling and production industries, as well as for industrial and renewable energy sectors worldwide. The company's operations are divided into three core segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies.
Is NOV Inc. stock overvalued or undervalued in 2026?
NOV Inc. (NOV) trades at 48.2× earnings (P/E), against a median of 17.3× across the 140 energy companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (48.2) does not tell whether it is cheap.
Kaplio overview: NOV Inc.
Market cap $7B · 52 weeks $14 – $22 (10 % below the high) · P/E 48.2× · 2027 expected P/E 15.2× · Dividend 2.3 % · 5 years rising · Next earnings February 3, 2027 · expected EPS $0.30 · Closing price, Oct 30 · accounts published Oct 27.
- Valuation: P/E 48.2× (no verdict).
- Business: 5-year ROIC 3.5 % (weak).
- Balance sheet: Net debt/EBITDA 1.0× (solid).
- Earnings: 2 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (48.2) does not tell whether it is cheap.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in energy: 5 of 7 pass
- 5y avg ROIC 3.5 %, fails.
- Capex / Revenue 4.3 %, fails.
- FCF yield 13.4 %, passes.
- Positive FCF through the cycle 8 de 10 ejercicios, passes, near the threshold.
- Dividend coverage (FCF / div) 4.5×, passes.
- Net debt / EBITDA 1.0×, passes.
- EV/EBITDA vs own 10y 9.7×, passes.
- P/E read in reverse (cyclicals) 48.2×, info.
Against its peers (reference peers) — NOV Inc.: P/E 48.2×; EV/EBITDA 9.7×; ROIC 2.4 %; $6.9B. Weatherford International plc (P/E 16.2×; EV/EBITDA 8.3×; ROIC 13.9 %; $6.6B), TechnipFMC plc (P/E 23.9×; EV/EBITDA 14.2×; ROIC 23.7 %; $27.0B), Halliburton Company (P/E 15.1×; EV/EBITDA 8.9×; ROIC 11.7 %; $29.9B).
Dividend
fragile · Yield 2.3 % ($0.51 per share in 2025) · Years raising it 5 · 5-year growth +60 % a year · Free cash flow coverage 4.5× · With $1,000 invested today you'd collect $22.70 a year ($1.89 a month).
Profitability
| Return on Equity | 2.30% |
| Return on Invested Capital | 2.37% |
| Return on Assets | 1.28% |
| Gross Margin | 20.73% |
| Operating Margin | 6.26% |
| Net Margin | 1.66% |
Financial Health
| Debt / Equity | 0.37 |
| Current Ratio | 2.51 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 1.92 |
Price Performance
| 1 month | +3.36% |
| 3 months | -0.36% |
| Year-to-date | +23.86% |
| 1 year | +28.04% |
| 3 years | -3.01% |
| 5 years | +38.09% |
| 10 years | -39.37% |
Dividend History
Paid in the last 12 months: $0.4350 per share in 5 payments.
| Date | Amount |
|---|---|
| 2026-09-11 | $0.0900 |
| 2026-06-12 | $0.0900 |
| 2026-06-01 | $0.0900 |
| 2026-03-13 | $0.0900 |
| 2025-12-05 | $0.0750 |
| 2025-09-12 | $0.0750 |
| 2025-06-13 | $0.0750 |
| 2025-06-02 | $0.2100 |
| 2025-03-14 | $0.0750 |
| 2024-12-06 | $0.0750 |
Amounts adjusted for stock splits.
Related companies: BKR · WFRD · SLB · HAL · FTI
Explore sector: Energy · Oil & Gas Equipment & Services
More sections of NOV: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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