Discounted Cash Flow

Noble Corp. Plc.

NE · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2020 $964.3m $-4.0b $124.3m -412.6% $-15.86
2021 $770.3m (-20.1%) $102.0m (102.6%) $-102.8m (-182.7%) 13.2% (103.2%) $1.61 (110.2%)
2022 $1.4b (83.5%) $168.9m (65.7%) $106.7m (203.8%) 11.9% (-9.7%) $1.99 (23.6%)
2023 $2.6b (83.1%) $481.9m (185.2%) $164.8m (54.5%) 18.6% (55.8%) $3.48 (74.9%)
2024 $3.1b (18.1%) $448.4m (-7.0%) $80.2m (-51.3%) 14.7% (-21.2%) $3.01 (-13.5%)
2025 $3.3b (7.4%) $216.7m (-51.7%) $432.2m (439.1%) 6.6% (-55.0%) $1.36 (-54.8%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model