COMP <GO>
NE vs RIG // EV/EBITDA & P/E VALUATION
Noble Corporation plc A (NYSE) VS. Transocean Ltd (Switzerland) (NYSE) • 15-METRIC TALLY: NE 8
— RIG 4
■ METRIC PARITY
LAST: $45.46 (-7.22%) • MKT CAP: $7.82B
valuation
16.8x
LAST: $6.23 (-10.23%) • MKT CAP: $7.75B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NE VS. RIG)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NE | RIG | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 39.30% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 5.40% | -17.30% | +22.70 | NE | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 16.8x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 10.61% | 8.38% | +2.23 | NE | /fcf-yield <GO> |
| Operating Margin | 12.60% | -58.90% | +71.50 | NE | /operating-margins <GO> |
| Net Profit Margin | 6.60% | -60.00% | +66.60 | NE | /net-margins <GO> |
| Revenue Growth (YoY) | 7.40% | 12.50% | -5.10 | RIG | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 4.23% | 0.00% | +4.23 | NE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.28 | 0.45 | +1.83 | NE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | NE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 63.3 | 71.8 | -8.50 | RIG | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.87 | 0.94 | -0.07 | RIG | /macro-sensitivity <GO> |
| Forward P/E Multiple | 32.6x | 25.0x | +7.60 | RIG | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.82B | $7.75B | $72.3M | NE | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NE REV | RIG REV | NE GROSS % | RIG GROSS % | NE FCF | RIG FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $3.29B | $3.96B | — | 39.3% | $803.8M | $626.0M |
| FY 2024 | $3.06B | $3.52B | — | 37.6% | $517.9M | $193.0M |
| FY 2023 | $2.59B | $2.83B | — | — | $457.8M | $36.6M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NE // BETA 0.87
RIG // BETA 0.94