Nabors Industries Ltd.Find Ratings Reports
NABORS INDUSTRIES LTD's gross profit margin for the third quarter of its fiscal year 2017 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. NABORS INDUSTRIES LTD has average liquidity. Currently, the Quick Ratio is 1.01 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 19.22% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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|Income Statement||Q3 FY17||Q3 FY16|
|Net Sales ($mil)||662.1||519.73|
|Net Income ($mil)||-148.53||-111.21|
|Balance Sheet||Q3 FY17||Q3 FY16|
|Cash & Equiv. ($mil)||220.33||200.65|
|Total Assets ($mil)||8088.59||8424.5|
|Total Debt ($mil)||3958.81||3476.1|
|Profitability||Q3 FY17||Q3 FY16|
|Gross Profit Margin||33.35||41.04|
|Return on Assets||-9.47||-10.18|
|Return on Equity||-24.77||-23.44|
|Debt||Q3 FY17||Q3 FY16|
|Share Data||Q3 FY17||Q3 FY16|
|Shares outstanding (mil)||285.88||283.33|
|Div / share||0.06||0.06|
|Book value / share||10.15||12.68|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||1.0548416E7||1.000307E7|
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 0.65 indicates a significant discount versus the S&P 500 average of 3.26 and a significant discount versus the industry average of 2.86. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, NABORS INDUSTRIES LTD proves to trade at a discount to investment alternatives within the industry.
|NBR NM||Peers 86.22||NBR 20.78||Peers 20.32|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
NBR's P/E is negative making this valuation measure meaningless.
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
NBR is trading at a valuation on par to its peers.
|NBR NM||Peers 48.53||NBR NA||Peers 0.47|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
NBR's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|NBR 0.65||Peers 2.86||NBR 15.44||Peers 83.98|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
NBR is trading at a significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, NBR is expected to significantly trail its peers on the basis of its earnings growth rate.
|NBR 0.79||Peers 2.44||NBR -1.36||Peers 18.27|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
NBR is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
NBR significantly trails its peers on the basis of sales growth