NOV Inc. (NOV) vs Weatherford International PLC (WFRD)

NOV Inc. and Weatherford International PLC are both Oil & Gas Equipment & Services companies. NOV Inc. is the larger, with a market value of $7.1B against $6.0B — 1.2× the size. Weatherford International PLC trades at the lower P/E: 16.7× against 76.4×. NOV Inc. grew revenue faster over the last twelve months: −1.72% against −7.17%. Weatherford International PLC has the higher net margin (7.66% vs 1.10%) and the higher return on invested capital (17.8% vs 4.03%). Across the 21 metrics below, Weatherford International PLC leads on 13 and NOV Inc. on 8.

Valuation

Metric NOV WFRD Oil & Gas Equipment & Services median
P/E 76.38 16.68 24.78
P/S 0.83 1.28 1.28
P/B 1.14 3.42 1.85
Price to free cash flow 11.84 11.50 15.03
EV/EBITDA 8.79 7.27 8.93
EV/Sales 0.89 1.35 1.40
Earnings yield 1.31% 5.99% 3.12%
Free cash flow yield 8.44% 8.70% 5.01%

Profitability

Metric NOV WFRD Oil & Gas Equipment & Services median
Gross margin 20.53% 30.51% 23.27%
Operating margin 5.08% 12.70% 9.34%
Net margin 1.10% 7.66% 4.69%
Free cash flow margin 6.97% 11.41% 5.05%
Return on equity 1.48% 22.13% 4.92%
Return on assets 0.84% 7.15% 2.37%
Return on invested capital 4.03% 17.79% 4.32%

Growth

Metric NOV WFRD Oil & Gas Equipment & Services median
Revenue growth (TTM) (1.72%) (7.17%) 6.08%
EPS growth (last fiscal year) (75.63%) (12.15%) —
Revenue growth, 5-year CAGR 7.50% 5.94% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NOV WFRD Oil & Gas Equipment & Services median
Debt to equity 0.27 0.83 0.46
Current ratio 2.42 2.34 2.11
Net debt to EBITDA 0.18 0.43 0.76

Dividend

Metric NOV WFRD Oil & Gas Equipment & Services median
Dividend yield 1.18% — 2.12%
Payout ratio 0.19 0.00 0.00

Size

Metric NOV WFRD Oil & Gas Equipment & Services median
Market cap 7.09b 6.04b 1.81b

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