Archrock Inc vs NOV Inc

Archrock Inc (AROC) is slightly undervalued and NOV Inc (NOV) is overvalued.

Against our estimates of intrinsic value, AROC trades at the wider discount: a margin of safety of +8%, against -86% for NOV.

Values as of the 19 Oct 2026 close.

Archrock Inc (AROC)

Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $31.99; the price of $29.39 is 8% below that value, and 79% of that value comes from beyond year five.

Leak Score 47/100 on 11 of 12 signals

NOV Inc (NOV)

Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $10.08; the price of $18.75 is 86% above that value, and 76% of that value comes from beyond year five.

Leak Score 57/100 on 12 of 12 signals

MetricAROCNOV
VerdictSlightly undervaluedOvervalued
Price$29.39$18.75
Intrinsic value$31.99$10.08
Margin of safety+8%-86%
Leak Score47/100 (11/12)57/100 (12/12)
Market cap$5.2B$6.7B
Revenue growth, 5 years11.2%7.6%
Operating margin38.3%6.9%
Net margin21.6%1.1%
Return on equity21.9%1.5%
Debt to equity1.520.37
P/E15.8x72.0x
Forward P/E14.3x14.8x
P/B3.3x1.1x
Dividend yield3.1%2.1%

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