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NOV Inc (NOV) Fair Value & Analysis

Energy · US · Market cap $7.7B

NI NOV Inc logo NOV Inc NOV · US
Price$18.75
Fair Value$13.17
Upside-29.8%
Quality94/100
Evidence: High Range $9.33 – $17.01

Fair value as of: Jun 24, 2026

From 25 valuation models · updated 5 days ago

Share price −7.2% over the past month.

Price vs Fair Value (12 months)

$21.82 $11.85 Fair Value $13.17 Jun 2025 Jun 2026

12‑month range $11.85 – $21.82 · fair‑value band $9.33 – $17.01 · the $18.75 price screens above the $13.17 fair value. As of Jun 24, 2026.

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Analysis

NOV Inc (NOV) currently trades at $18.75, while our model-based Fair Value estimate is $13.17 — implying the stock looks roughly 29.8% overvalued today. We read business quality at 94/100 (high quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, NOV Inc generated revenue of $8.7B at a net margin of 1.1%. Revenue declined 2.4% year over year. It earns a return on equity of 1.5%. Net debt stands at $788M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) $8.7B
Revenue growth (YoY) -2.4%
Net margin 1.1%
Return on equity 1.5%
Free cash flow $864M FY2025
P/E ratio 85.8
More key figures
Operating margin 2.3%
EPS (TTM) $0.2500
Dividend yield 1.5%
EPS growth (YoY) -73.7%
Net debt $788M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independent drilling and intervention downhole tools equipment; frac plugs, frac sleeves, toe initiation burst port systems, and recyclable setting tools; electric submersible pumps, high viscosity pumps, and surface pumps; tubular coating and inspection services for drill-pipe and other oil country tubular goods; solids control and waste management equipment and services; data and digital solutions; precision-engineered drill pipe and drill-stem equipment; connectors and integral thread solutions, including conductor strings, surface casing, and liners; and composite pipe, tanks, and structures. Its…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NOV Inc reported revenue of $8.7B in FY2025 versus $5.5B in FY2021, a compound +12.2%/yr. Reported net income was $145M in FY2025.

Revenue +12.2%/yr
FY21 $5.5B
FY22 $7.2B
FY23 $8.6B
FY24 $8.9B
FY25 $8.7B
Net income
FY21 −$250M
FY22 $155M
FY23 $993M
FY24 $635M
FY25 $145M

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Similar stocks

6 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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SLB N.V SLBN 993.35 MXN 512.97 MXN -48%
Baker Hughes Company BKR $66.11 $30.87 -53%
Halliburton Company HAL $41.22 $18.45 -55%
Tenaris S.A T1SS34 R$153.45 R$21.89 -86%
TechnipFMC plc FTI $69.95 $28.03 -60%
Yantai Jereh Oilfield Services Group 002353 ¥173.66 ¥64.15 -63%

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Frequently asked questions

Is NOV Inc (NOV) undervalued?
As of Jun 24, 2026, our model estimates a fair value of $13.17 versus a price of $18.75 — about −30% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NOV?
Our 21-model fair value for NOV Inc is $13.17 (as of Jun 24, 2026), built from audited fundamentals. The current price is $18.75.
What is the quality score of NOV?
NOV Inc has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NOV Inc (NOV)?
NOV Inc reported trailing-twelve-month revenue of about $8.7B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of NOV?
The net profit margin of NOV Inc is about 1.1%, meaning it keeps roughly 1.1% of revenue as net income. Based on the latest reported figures.
Does NOV Inc pay a dividend?
NOV Inc currently shows a dividend yield of about 1.51% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.