SLB N.V. (0SCL) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of SLB N.V. $27.82, price $49.00, upside -43.2%, quality 66 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $23.60 – $58.50 · fair‑value band $18.92 – $40.84 · the $49.00 price screens above the $27.82 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
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SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems.
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SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. SLB N.V. was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. The company was founded in 1926 and is based in Houston, Texas.
Stock analysis
SLB N.V. (0SCL) currently trades at $49.00, while our model-based Fair Value estimate is $27.82, 43.2% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $27.73 per share, and 0 of the 23 models we run sit above the $49.00 price.
Bear case: the Dividend Discount group reads lowest at $7.39, and 23 of the 23 models stay below the price. Evidence for this calculation is low.
Scenario range: $18.92 (bear) to $40.84 (bull), the price of $49.00 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 66/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
SLB N.V. reported revenue of $22.9B in FY2021 versus $30.4B in FY2017, a compound −6.8%/yr. Reported net income was $1.9B in FY2021.
Key figures
Market cap $56.5B · P/S ratio 1.55 · Dividend yield 2.4% · Net margin 8.2% · Return on equity 12.9% · Return on assets (EBIT) −6.7% · Operating margin 12.7% · Revenue (TTM) $36.4B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 54% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −3% fair-value upside, at −43%, 0SCL screens richer than that median.
Fair Value models
Bear $18.92Fair Value $27.82Bull $40.84
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−2.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−11.3%
’17
’18
’19
’20
’21
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−2.7% (2017) → 12.1% (2021)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no share-count history
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas Equipment & Services · 184 stocks
Beats the industry median on 7/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside−43.2% · Bottom 25%
Profitability
Return on equity (TTM)12.9% · Above median
Return on assets6.2% · Top 25%
Net margin (TTM)8.5% · Above median
Operating margin (TTM)12.7% · Above median
Growth and dividend
Revenue growth5.0% · Above median
Dividend yield (TTM)2.4% · Above median
Balance sheet
Debt / equity0.89× · Highest 25%
Valuation Multiplesvs Oil & Gas Equipment & Services median · lower = cheaper
P/B3.77× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (TTM)1.55× · Pricier than median
EV/EBITDA9.5× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 16
FUTURE (revenue growth)25· sector 18
PAST (return on equity)52· sector 28
HEALTH (low debt)56· sector 91
DIVIDEND (yield)47· sector 36
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "SLB N.V. Fair Value". https://www.fairvalue-calculator.com/stock/0SCL
Frequently asked questions
Is SLB N.V. (0SCL) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of $27.82 versus a price of $49.00, about −43% upside (overvalued).
What is the fair value of 0SCL?
Our model-based fair value for SLB N.V. is $27.82 (as of Sep 29, 2026), built from audited fundamentals. The current price: $49.00.
What is the quality score of 0SCL?
SLB N.V. has a Quality Score of 66/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for SLB N.V. (0SCL)?
Our model-based price target is the fair value of $27.82 (as of Sep 29, 2026) from 23 valuation models. Cautious scenario $18.92, optimistic scenario $40.84. It is a calculation from audited fundamentals, not an analyst target.
What is the SLB N.V. stock forecast for 2026?
Our models put fair value at $27.82, about −43% upside versus a price of $49.00 (overvalued). Cautious scenario $18.92, optimistic scenario $40.84. The calculation is refreshed regularly with new filings.
What is the revenue of SLB N.V. (0SCL)?
SLB N.V. reported trailing-twelve-month revenue of about $36.4B (latest available figure, as of Sep 29, 2026).
Does SLB N.V. pay a dividend?
SLB N.V. currently shows a dividend yield of about 2.37% relative to its recent price (as of Sep 29, 2026).
What is the intrinsic value of SLB N.V. (0SCL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SLB N.V. it is $27.82 per share (as of Sep 29, 2026), against a price of $49.00. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is SLB N.V. stock overvalued or undervalued in 2026?
As of Sep 29, 2026, 0SCL trades above its calculated fair value: price $49.00, fair value $27.82, a gap of about −43% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0SCL?
No. The price is what the market pays today ($49.00); the fair value is what the company's own numbers justify ($27.82). For SLB N.V. the two are $21.18 per share apart. That gap is exactly why we show both numbers side by side.
How much is SLB N.V. worth?
The market values SLB N.V. at about $56.5B (market capitalisation, as of Sep 29, 2026). Per share that is $49.00; our models calculate a fair value of $27.82 per share.
What do the bullish and bearish scenarios say about 0SCL?
Our models span a range for SLB N.V.: cautious scenario $18.92, base $27.82, optimistic $40.84 per share (as of Sep 29, 2026, price $49.00). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of SLB N.V. (0SCL)?
Balance-sheet figures for SLB N.V. (as of Sep 29, 2026): return on equity 12.9%, debt of 0.89 per unit of equity. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is 0SCL from its 52-week high?
SLB N.V. trades at $49.00, about 16% below its 52-week high of $58.50 and 54% above the low of $31.72 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $27.82 is for.
Which stocks are comparable to SLB N.V.?
From the same area (Industrials) we also value Baker Hughes Company, TechnipFMC plc, Yantai Jereh Oilfield Services Group, Subsea 7 S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is SLB N.V. stock attractive at the current price?
The data as of Sep 29, 2026: price $49.00, calculated fair value $27.82 (−43%), Quality Score 66/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0SCL calculated?
We run SLB N.V. through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $27.82, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. SLB N.V. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of SLB N.V. (0SCL)?
The closing price on Oct 2, 2026 was $49.00. Our model-based fair value is $27.82, about −43% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SLB N.V. right now?
The price sits above even our optimistic bull case ($40.84). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($18.92 to $40.84) leaves room in how you read the outcome.
Key figures of SLB N.V.
How large is the market capitalisation of SLB N.V. (0SCL)?
The market capitalisation of SLB N.V. is $56.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of SLB N.V. (0SCL)?
The price-to-sales ratio of SLB N.V. is 1.55 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of SLB N.V. (0SCL)?
The dividend yield of SLB N.V. is 2.4%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of SLB N.V. (0SCL)?
The net margin of SLB N.V. is 8.2% (fiscal year 2021). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of SLB N.V. (0SCL)?
The return on equity (ROE) of SLB N.V. is 12.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of SLB N.V. (0SCL)?
On an EBIT basis the return on assets of SLB N.V. is −6.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of SLB N.V. (0SCL)?
The operating margin of SLB N.V. is 12.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at SLB N.V. (0SCL)?
Revenue at SLB N.V. is growing +5.0% versus a year earlier (3y avg −11.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at SLB N.V. (0SCL)?
Earnings per share at SLB N.V. are growing −29.7% versus a year earlier. How much earnings per share grew versus a year earlier.
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