Noble Corporation Plc logo NE - Noble Corporation Plc

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 16
HOLD 22
SELL 13
STRONG
SELL
0
| PRICE TARGET: $52.00 DETAILS
HIGH: $59.00
LOW: $44.00
MEDIAN: $53.00
CONSENSUS: $52.00
UPSIDE: 22.92%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Oil & Gas E&P 85% confidence

Primary model: FCF at Price Deck × Multiple

Valuation Signal Overvalued Strong
Trading 380.3% above fair value
Current Price $42.30
Bear Case $0.00 100.0% downside ($0.00 - $42.30) / $42.30 = -100.0% FCF $185M × 8x
Fair Value $8.81 79.2% downside ($8.81 - $42.30) / $42.30 = -79.2% FCF $265M × 11x
Bull Case $20.74 51.0% downside ($20.74 - $42.30) / $42.30 = -51.0% FCF $344M × 14x

Adjust Assumptions

75.0$/bbl
11.0x

Key Value Driver

Oil price assumption ($75/bbl base case)

Implied Market Multiple 31.2x

Plain-Language Summary

At $75/bbl oil with a 11x EV/FCF multiple, intrinsic value is $8.81 per share. Range: $0.00 (bear) to $20.74 (bull).

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (51 analysts) $52.00
Analyst Range $44.00 – $59.00
Divergence from AlphaVal 83%

Warnings

⚠ If oil drops to $60/barrel, the stock could fall -100%. Check whether the company can survive at low prices and still pay its dividend.
ℹ Where you think oil prices will settle long-term drives over 80% of this valuation. The biggest risk isn't the company itself — it's getting the commodity price wrong.
ℹ Wall Street's average price target is $52.00 (from 51 analysts). Our estimate is 83% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — commodity volumes do not compound
  • Geopolitical premiums are real but historically temporary
  • Reserve replacement ratio below 100% for 3 years is existential